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?I <br />which any interest in the Property is conveyed subject to the Conservation Easement herein <br />created. <br />D. The Grantor and Grantee agree that the terms of this Conservation Easement shall <br />survive any merger of the fee and easement interests in the Property or any portion thereof. <br />E. This Conservation Easement may be amended, but only in a writing signed by all <br />parties hereto, and provided such amendment does not affect the qualification of this <br />Conservation Easement or the status of the Grantee under any applicable laws, and is consistent <br />with the purposes of the Conservation Easement. <br />F. The parties recognize and agree that the benefits of this Conservation Easement <br />are in gross and assignable provided, however, that the Grantee hereby covenants and agrees, <br />that in the event it transfers or assigns this Conservation Easement, the organization receiving the <br />interest will be a qualified holder under N.C. Gen. Stat. § 121-34 et seq. and § 170(h) of the <br />Internal Revenue Code, and the Grantee further covenants and agrees that the terms of the. <br />transfer or assignment will be such that the transferee or assignee will be required to continue in <br />perpetuity the conservation purposes described in this document. <br />VI. QUIET ENJOYMENT <br />Grantor reserves all remaining rights accruing from ownership of the Property, including <br />the right to engage in or permit or invite others to engage in only those uses of the Easement <br />Area that are expressly reserved herein, not prohibited or restricted herein, and are not <br />inconsistent with the purposes of this Conservation Easement. Without limiting the generality of <br />the foregoing, the Grantor expressly reserves to the Grantor, and the Grantor's invitees and <br />licensees, the right of access to the Easement Area, and the right of quiet enjoyment of the <br />Easement Area. <br />TO HAVE AND TO HOLD the said rights and easements perpetually unto the State of <br />North Carolina for the aforesaid purposes. <br />AND Grantor covenants that Grantor is seized of said premises in fee and has the right to <br />convey the permanent Conservation Easement herein granted; that the same are free from <br />encumbrances and that Grantor will warrant and defend title to the same against the claims of all <br />persons whomsoever. <br />SIGNATURE PAGE FOLLOWS <br />7 <br />