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20 <br /> EXHIBIT B -- Existing Encumbrances <br /> As to Tract 1: <br /> 1. Subject to Matters shown on plats recorded in Plat Book 102, Page 34; Plat <br /> Book 102, Page 36; Plat Book 59, Page 179; and Plat Book 110, Page 91. <br /> 2. Conservation Easement to Orange County recorded in Book 4296, page 308. <br /> 3. Title to that portion of the Land lying below the mean high water mark of Eno <br /> River. <br /> 4. Riparian rights incident to the Land. <br /> S. Easement to the Town of Hillsborough recorded in Book 1030, Page 546. <br /> 6. Easement(s) to Duke Power Company recorded in Book 1146, Page 153. <br /> 7. Right of Way Agreement between Orange County and Duke Energy Carolinas, <br /> LLC recorded in Book 5905, Page 73. <br /> As to Tract 2: <br /> 1. Subject to matters shown on plat recorded in Plat Book 118, Page 105. <br /> 2. Subject to matters shown on plat recorded in Plat Book 94, Page 68 including <br /> a 30-foot joint driveway easement and septic easement located on the Land. <br /> 3. Rights of others for ingress and egress purposes in and to the use of <br /> easements located on the Land. <br /> 4. Commissioners' Second Revised Final Report recorded in Book 3446, Page 26 <br /> and Order of Confirmation recorded in Book 3446, Page 29. <br /> S. Title to that portion of the Land within the right-of-way of US Hwy 70 and <br /> West Hill Ave. <br /> 6. Easement(s) to Duke Power Company recorded in Book 114, Page 95. <br /> As to Tract 3: <br /> 1. Restrictions appearing of record in Book 654, Page 517 and amended in Book <br /> 1081 at Page 425, but this policy insures that a violation thereof will not <br /> cause a forfeiture or reversion of Title. <br /> 2. Subject to matters shown on plat recorded in Plat Book 75, Page 146. <br /> 3. Easement(s) to Town of Hillsborough recorded in Book 804, Page 444. <br /> 4. Easement(s) to Duke Power Company recorded I Book 676, Page 500. <br /> S. Easement(s) to Public Service Company of North Carolina recorded in Book <br /> 1083, Page 235. <br /> 6. Title to that portion of the Land within the right-of-way of Meadowland Drive. <br /> 7. Termination Agreement recorded in Book 4126, Page 346. <br /> 8. Town of Hillsborough Conditional Use Permit #2007-04 recorded in Book <br /> 4416, Page 496. <br /> 12 <br />