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04- 12 -'02 09:51 FROM- Coleman Gledhill & H 9191234567 T -944 P05/08 U -160 SAMPLE 21 Rights of Grantor. Grantor reserves all rights accruing from Grantor's ownership of the Property, including the right to engage in or permit or invite others to engage in all uses of the Property that are not inconsistent with the purposes of this Agreement. Grantor further reserves the right to create no more than three (3) residential lots from the Property that meet applicable zoning and subdivision regulation requirements. No right of access by the general public to any portion of the Property is conveyed by this Agreement. 4. Grantee's Remedies. 11 Grantee determines that Grantor no longer meets the criteria necessary for certification as qualifying farmland and designation as a District, Grantee shall give notice to Grantor of iiau- compliance. Grantor may tako oocmootivo notion ouffoient to bring the Property into compliance or may seek to revoke this Agreement. 5, Revocation. This Agreement may be revoked by Grantor by written notice to Grantee or Grantee may revoke this Agreement based on non - compliance by Grantor. In the event revocation occurs, the Property will no longer be a farmland preservation farm, will no longer be located in a District, and will no longer be entitled to the benefits prescribed in the Orange County Voluntary Fannland Preservation Program ordinance for a farmland preservation farm located in a District. A record of the revocation shall be recorded in the Orange County Register of Deeds. 6. Notices. Any notice, request or communication that eithcr party desires or is required to give to the other shall be in writing and either served personally or sent by fm-t class mail, postage prepaid, addressed as follows: To Grantor: (NAME) (ADDRESS) To Grantee: Orange County c/o 13cvcrly Blythe, Clerk to the Board of County Commissioners P.O. Box 8181 Hillsborough, North Carolina 27278 or to such other address as either party from time to time sUl designate by written notice to the other. 7. Controlling Law. The interpretation and performance of this Agreement shall be governed by the laves of the State of North Carolina and, in particular, by the Farmland Preservation Enabling Act (Chapter 106, Article 61) and by the Historic Preservation and Conservation Agreements Act (Chapter 121, Article 4) of the North Carolina general Statutes, and by the Orange County Voluntary- Farmland Preservation program Ordinance, $. Agreement Runs With Land. This Agricultural Conservation Agreement n= with the Property and shrill be enforceable against Grantor and all future parties who have an interest in the Property for the term of the Agreement. TO HAVE TO HOLD unto Grantee, its successors, and assigns, this Agricultural Conservation Agreement together with the appurtenances and privileges belonging or in any way pertaining thmreto. IN WITNESS WHEREOF Grantor has set his/her /their hand and Grantee has caused this instrument to be executed in its corporate name by its duly authorized officers by authority of its Board of Commissioners, all on the day and year first above written.