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4 <br /> WHEREAS,this Easement and Agreement has been procured in accordance with the requirements of NCGS <br /> Section 143-211 et. seq. and Section 6 (Development Standards), Subsection 6.20 (Stormwater Management) of the <br /> Hillsborough UDO. <br /> NOW,THEREFORE, for a valuable consideration, including the benefits Grantor may derive therefrom,the <br /> receipt of which is hereby acknowledged,Grantor has dedicated,bargained and conveyed and by these presents does <br /> hereby dedicate,bargain, sell, grant and convey unto the Grantee, its successors and assigns, a perpetual, and irrevocable <br /> right and easement in,on,over,under,through and across the Property(1) for a STORMWATER CONTROL <br /> MEASURE easement("hereafter SCM Easement")of the nature and character and to the extent hereinafter set forth,more <br /> particularly shown,described and identified as"20' BMP Access Easement"and"30' X 70' BMP Maintenance Esmt. for <br /> Sandfilter"as shown on Exhibit A entitled"Stormwater BMP Easement"which is attached to and made a part of this <br /> document;upon which Grantor shall construct,maintain,repair and reconstruct stormwater control measure(s), including <br /> detention pond(s),pipes and water control structures, sand filters,berms and dikes, and shall establish and maintain <br /> vegetative filters and groundcovers; and(2)an access easement more particularly shown and described on the attached <br /> Exhibit herein referenced, for the purpose of permitting Town inspection and, if necessary,maintenance and repair of the <br /> SCM Easement and engineered structure(s) as more fully set forth herein and in the Hillsborough UDO. <br /> The terms, conditions, and restrictions of the Stormwater Control Measure Access and Maintenance Easement <br /> are: <br /> 1. Grantor represents and warrants that Grantor is financially responsible for construction,maintenance, <br /> repair and replacement of all stormwater control measures,appurtenances and vegetation,including the <br /> impoundment. Grantor agrees to perform the maintenance as outlined in the Operations and Maintenance <br /> Agreement recorded at Book 6468,Page 214 of the Orange County Registry and in consideration of the <br /> Certificate of Compliance with stormwater regulations received for Property. <br /> 2. If Grantor fails to comply with these requirements, or any other obligations imposed herein, in the <br /> Hillsborough UDO or Operations and Maintenance Agreement,the Town of Hillsborough may perform <br /> such work as Grantor is responsible for and recover the costs thereof from Grantor. <br /> 3. This Easement and Agreement gives the Grantee the following affirmative rights: Grantee,its officers, <br /> employees, and agents may enter Stormwater Control Measure and Access and Maintenance Easement <br /> whenever reasonably necessary for the purpose of inspecting same to determine compliance herewith,to <br /> maintain same and make repairs or replacements to the engineered stormwater control measure(s) and <br /> appurtenances and conditions as may be necessary or convenient thereto in the event Grantor defaults in <br /> its obligations and to recover from Grantor the cost thereof,and in addition to other rights and remedies <br /> available to it,to enforce by proceedings at law or in equity the rights, covenants,duties,and other <br /> obligations herein imposed. <br /> The Grantor shall in all other respects remain the fee owner of the Property and area subject to these easements, <br /> and may make all lawful uses of the Property not inconsistent with these easements. <br /> The Grantee does not waive or forfeit the right to take action to ensure compliance with the terms, conditions and <br /> purposes of this Easement and Agreement by a prior failure to act. <br /> The Grantor agrees that the terms, conditions and restrictions of this easement will be promptly recorded by <br /> Grantor in the Orange County Registry. The designation Grantor and Grantee shall include the parties,their heirs, <br /> successors and assigns. <br /> TO HAVE AND TO HOLD the aforesaid rights,privileges, and easements herein granted to the Grantee,its <br /> successors and assigns forever and the same Grantor does covenant and that Grantor is seized of said premises in fee and <br /> has the right to convey the same,that except as set forth below the same are free from encumbrances and that Grantor will <br /> warrant and defend the said title to the same against claims of all persons whosoever. <br /> Page 2 of 3 <br />