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<br />on that Property which would comply with the Orange County Campus, DTCC Property Design
<br />Guidelines, as described herein,
<br />NOW, TIIEREFORE, Declazant hereby declazes that the Orange County Campus, DTCC
<br />Property, being the real property described in Article I hereof, and further described in Exhibit A
<br />attached hereto and incorporated herein by this reference, is and shall be held, transferred, sold,
<br />conveyed, given, donated, leased, occupied and used subject to the covenants, restrictions,
<br />easements, liens, chazges, and equitable servitudes (all hereinafter sometimes referred to as the
<br />"Covenants") hereinaRer set forth.
<br />ARTICLE 1
<br />PROPERTY
<br />I.O1. PropertX. The real property which is and shall be held, transfen•ed, sold,
<br />conveyed and occupied subject to this Declaration, and which is solely owned by Declarant, is
<br />located in the Town of Hillsborough, Orange County, North Carolina, and is the Orange County
<br />Campus, DTCC Property as defined above and as more particulazly described on Exhibit A.
<br />attached hereto and incorporated herein by this reference.
<br />ARTICLE 2
<br />DEVELOPMENT RESTRICTIONS
<br />2.01. Use Restriction. The Orange County Campus, DTCC Property shall be used only
<br />for a public library (as that use is generally understood) and for a community college campus,
<br />which campus use shall include typical campus buildings containing classrooms, related offices,
<br />libraries, and any necessary support or accessory uses, not including dormitories or residential
<br />units, but including and not limited to snack bars or cafeterias, all to be located on the interior of
<br />campus buildings, Pazking lots and access drives as necessary aze allowed as accessory to the
<br />library or campus uses, provided that pazking shall be located on the interior of the Orange
<br />County Campus, DTCC Property so as not to be substantially visible from Waterstone Drive and
<br />College Park Road,
<br />ARTICLE 3
<br />DEVELOPMENT REVIEW
<br />3.01. Development Approval. In conjunction with its development of the Waterstone
<br />Project, Declarant may in its sole discretion appoint an Architectural Control Committee (the
<br />"ACC"), No building, structure, or other improvement (including but not limited to drives,
<br />pazking azeas, utilities, landscaping, hazdscaping, recreational facilities and the like) shall be
<br />erected, constructed, placed, altered (by addition or deletion) or maintained on any portion of the
<br />Orange County Campus, DTCC Property unless and until design and location documents aze
<br />2308134.05
<br />rai: CN
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