Orange County NC Website
Draft #4 cleats (9/14/04) 24 <br />l8. Grantot•'s Title Wm°ranty <br />The Grantors warrant that they hold fee simple title to the Property, free from all <br />encumbrances and hereby promise to defend the same against all claims that may be made <br />against it, except for'the following: <br />(a) All enforceable easements and rights of way currently depicted in the Orange <br />County Registry; and <br />(b) Public Road rights of way affecting the Property; and <br />(c) Current Orange County property taxes and any deferred-taxes as provided by <br />law. <br />29. Subsequent Liens on Property <br />No provisions of this Conservation Easement should be construed as impairing the ability <br />of Grantors to use the Property as collateral for subsequent borrowing. Any such liens shall be <br />and remain subordinate to this Conservation Easement. <br />30. Subsequent Easetaaents/Restrictions ott the Property <br />The grant of any easements or use restrictions that might diminish or impair the <br />agricultural viability or productivity of the Property or otherwise diminish or impair the <br />conservation values of the Property is prohibited. Any such easements or restrictions shall be <br />subordinated to this Conservation Easement.. <br />31. Gratator's Etavironmetttal Watvataty <br />The Grantors warrant that they have no actual knowledge of a release or threatened <br />release of hazardous substances or wastes on the Property, as such substances and wastes are <br />defined by applicable federal, State or local law, and hereby promise to defend and indemnify <br />Grantee against all litigation, claims, demands, penalties and damages, including reasonable <br />attorneys' fees, arising from or connected with any release of hazardous waste caused by the <br />intentional or negligent act of the Grantors or violation of federal, State or' local environmental <br />laws caused by the negligent or intentional act of the Grantor. Without limiting the generality of <br />the foregoing, nothing in this Conservation Easement shall be construed as giving rise to any <br />right or ability in Grantee, nor shall Grantee have any right or ability, to exercise physical or' <br />managerial control over the day-to-day operations of the Property, or otherwise to become an <br />operator with respect to the Property within the meaning of The Comprehensive Environmental <br />Response, Compensation and Liability Act of 1980, as amended. <br />