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<br /> EASEMENT
<br /> Prepared By: Josh Stewart
<br /> NORTH CAROLINA Return To: Duke Energy Carolinas
<br /> Attn:Josh Stewart
<br /> ORANGE COUNTY 4412 Hillsborough Rd
<br /> Durham,NC 27705
<br /> THIS EASEMENT ("Easement") is made this day of 12018
<br /> ("Effective Date"), from ORANGE COUNTY, a political subdivision of the State of North Carolina ("GRANTOR,"whether
<br /> one or more), to Duke Energy Carolinas, LLC, a North Carolina limited liability company("DEC"); its successors,
<br /> licensees, and assigns.
<br /> W ITNESSETH:
<br /> THAT GRANTOR, for and in consideration of the sum of ONE DOLLAR ($1.00), the receipt and sufficiency of
<br /> which are hereby acknowledged, does hereby grant unto DEC, its successors, licensees, and assigns, the perpetual right,
<br /> privilege, and easement to go in and upon the land of GRANTOR situated in Hillsborough Township, described as follows:
<br /> containing 17.41 acres, more or less, and being the land described in a deed from Orange County Board of Education to
<br /> Orange County, dated December 18, 2002, and recorded in Deed Book 2824, Page 490, also shown as Lot 2 on a Plat,
<br /> dated June 27, 2014, entitled "Orange High School Exempt Division Survey", and recorded in Plat Book 113, Page 24, all
<br /> Orange County Registry (the "Property"), LESS AND EXCEPT any prior out-conveyances, and to construct, reconstruct,
<br /> operate, patrol, maintain, inspect, repair, replace, relocate, add to, modify and remove electric and/or communication
<br /> facilities thereon including but not limited to, supporting structures such as poles, cables, wires, underground conduits,
<br /> enclosures/transformers, vaults and manholes, and other appurtenant apparatus and equipment(the "Facilities")within an
<br /> easement area being thirty (30) feet wide together with an area ten (10) feet wide on all sides of the foundation of any
<br /> DEC enclosure/transformer, vault or manhole (the "Easement Area"), for the purpose of transmitting and distributing
<br /> electrical energy and for communication purposes of DEC and Incumbent Local Exchange Carriers. The centerline of the
<br /> Facilities shall be the center line of the Easement Area.
<br /> The right, privilege and easement shall include the following rights granted to DEC: (a) ingress and egress over
<br /> the Easement Area and over adjoining portions of the Property (using lanes, driveways and paved areas where practical
<br /> as determined by DEC); (b)to relocate the Facilities and Easement Area on the Property to conform to any future highway
<br /> or street relocation, widening or improvement; (c) to trim and keep clear from the Easement Area, now or at any time in
<br /> the future, trees, limbs, undergrowth, structures or other obstructions, and to trim or clear dead, diseased, weak or leaning
<br /> trees or limbs outside of the Easement Area which, in the opinion of DEC, might interfere with or fall upon the Facilities;
<br /> and (d) all other rights and privileges reasonably necessary or convenient for DEC's safe, reliable and efficient installation,
<br /> operation, and maintenance of the Facilities and for the enjoyment and use of the Easement Area for the purposes
<br /> described herein.
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