Orange County NC Website
Draft 11 -10 -04 8 <br />character and to the extent hereinafter set forth, in respect to the Property as described in Exhibit <br />A; <br />forth: <br />The terms, conditions and restrictions of the Conservation Easement are as hereinafter set <br />Gantt of Agricultural Conservation Easement <br />Grantors hereby voluntarily grant and convey to the Grantee, and the Grantee hereby <br />voluntarily accepts, a perpetual Agricultural Conservation Easement in the Property, which <br />easement is an immediately vested interest in real property the nature and character described <br />herein. Grantors promise that they will not perform, nor knowingly allow others to perform, any <br />act on or affecting the Property that is inconsistent with the covenants herein.. Grantors authorize <br />the Grantee to enforce these covenants in the manner described below. <br />Grantors hereby voluntarily grant and convey to the Grantee all development rights for <br />the Property, except as otherwise reserved and provided by the terms of this Conservation <br />Easement, that are now or hereafter inherent in the Property. The parties agree that such <br />development rights are terminated and extinguished, and may not be used on or used or <br />transferred to any other property adjacent or otherwise, nor used for the purpose of calculating <br />permissible lot yield of the Property or any other property. <br />2, Statement of Purpose <br />It is the primary purpose of this Agricultural Conservation Easement to enable the <br />Property to remain in agricultural use by preserving and protecting its agricultural soils and <br />agricultural viability and productivity. Except as specifically permitted herein, no activity that <br />would impair the actual or potential agricultural use of the Property shall be permitted. To the <br />extent that the preservation and protection of the natural, historic, recreational, habitat or scenic <br />values referenced in this Conservation Easement are consistent with the primary purposes stated <br />above, it is within the purpose of this Conservation Easement to also protect those values, and no <br />activity that would significantly impair those values shall be permitted. <br />This Conservation Easement shall be perpetual. It is an easement in gross, runs with the <br />land and is enforceable by Grantee against the Grantors, their, representatives, heirs, successors <br />and assigns, lessees, agents, and licensees. <br />3. Rights and Responsibilities Retained by Grantors <br />Subject to the terms and restrictions hereof, the Grantors reserve to and for themselves <br />and their successors the right to quiet enjoyment of the Property and the right to partake in <br />passive recreation on the Property. The Grantors reserve to and for themselves and their <br />successors all customary rights and privileges of ownership, including the rights to sell, lease, <br />and devise the Property provided such transaction is subject to the terms of this Conservation <br />