Deed of Agricultural Conservation Easement between OC and The Wizard's Cauldron, Ltd.

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B00K26Q5 PALL 422 Prepared by and return to: D. Michael Parker, P.O. Box 100, Hillsborough, NC 27278 STATE OF NORTH CAROLINA Tax map 2. 13 S F Parcel q$44. L 1.1257 COUNTY OF ORANGE DEED OF AGRICULTURAL CONSERVATION EASEMENT This Deed of Agricultural Conservation Easement ("Easement") is granted on this day of 2001, by THE WIZARD'S CAULDRON, LTD., having an address of 8411 N.C. Hwy 86, Cedar Grove, NC 27231 ("Grantor"), to ORANGE COUNTY, NORTH CAROLINA , having an address of P.O. Box 8181, Hillsborough,NC 27278 ("Grantee"). WHEREAS: Grantor is the sole owner in fee simple, of certain farm Property, more particularly described in Exhibit A, attached hereto and incorporated herein(the "Property"), which consists of approximately 2.00 acres of land, located in Cedar Grove Township, Orange County, North Carolina and identified as "Conservation Easement" on the plat of property entitled "PROPERTY OF THE WIZARD'S CAULDRON" prepared by ENT Land Surveys, Inc. which plat is recorded at Plat Book 9O ,Page my, Orange County Registry. The Property consists primarily of productive agricultural land currently under cultivation. It is the primary purpose of this Easement to protect the agricultural soils and agricultural viability and productivity of the Property. The agricultural, resources of the Property are referred to as the" conservation values" of the Property. The Grantor and Grantee agree that the current agricultural use of the Property are consistent with the conservation purposes of this Easement. The Grantor intend that the conservation values of the Property be preserved and maintained, and further, Grantor intend to convey to the Grantee the right to preserve and protect the agricultural and other conservation values of the Property in perpetuity. The conservation purposes of this Easement are recognized by, and the grant of this Easement will serve,the following clearly delineated governmental conservation policies: The Farmland Protection Policy Act, P.L. 97-98,7 U.S.C. Section 4201, et seq., whose purpose is "to minimize the extent to which Federal programs and policies contribute to the unnecessary and irreversible conversion of farmland to nonagricultural uses, and to assure that Federal programs are administered in a manner that,to the extent practicable, will be compatible with State, unit of local government and private programs and policies to protect farmland;" North Carolina General Statute 139-2 et seq. which provides that"it is hereby declared ...that the farm, forest and grazing lands of the State of North Carolina are among the basic assets of the State and the preservation of these lands is necessary to protect and promote the health, safety and general welfare of its people...it is hereby declared to be the policy of the legislature to provide for the conservation of the soil and resources of this State; "