Orange County NC Website
Page 14 of 17 <br /> <br />19. RE-RECORDING. In order to ensure the perpetual enforceability of the <br />Conservation Easement, the Grantee is authorized to re-record this instrument or any other <br />appropriate notice or instrument. <br /> <br />20. MERGER. The parties agree that the terms of this Conservation Easement shall <br />survive any merger of the fee and easement interest in the Easement Area. <br /> <br />21. SUBSEQUENT LIENS ON PROPERTY. No provisions of this Conservation <br />Easement should be construed as impairing the ability of Grantor to use the Easement Area as <br />collateral for subsequent borrowing, provided that any mortgage or lien arising from such a <br />borrowing is made subordinate to this Conservation Easement. <br /> <br />23. ENTIRE AGREEMENT. This instrument sets forth the entire agreement of the <br />parties with respect to the Conservation Easement and supersedes all prior discussions, <br />negotiations, understandings or agreements relating to the Conservation Easement. If any <br />provision is found to be invalid, the remainder of the provisions of this Conservation Easement, <br />and the application of such provision to persons or circumstances other than those as to which <br />it is found to be invalid, shall not be affected thereby. <br /> <br />24. ACCEPTANCE AND EFFECTIVE DATE. As attested by the Clerk of the Grantee and <br />the signature of its authorized representative affixed hereto, the Grantee hereby accepts <br />without reservation the rights and responsibilities conveyed by this Conservation Easement. <br />This Conservation Easement is to be effective as of the date recorded in the Orange County <br />Registry of Deeds. <br /> <br />TO HAVE AND TO HOLD, this Grant of Conservation Easement unto the said Grantee its <br />successors and assigns, forever. <br /> <br /> <br /> <br />[The remainder of this page is intentionally left blank. Signature page follows.] <br /> <br />44