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Agenda - 04-07-20; 8-h - Adoption of the Final Resolution Authorizing the Issuance of Approx. $40,000,000 in Installment Purchase Financing for CIP Projects
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Agenda - 04-07-20; 8-h - Adoption of the Final Resolution Authorizing the Issuance of Approx. $40,000,000 in Installment Purchase Financing for CIP Projects
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4/3/2020 9:51:48 AM
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BOCC
Date
4/7/2020
Meeting Type
Business
Document Type
Agenda
Agenda Item
8-h
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Agenda 04-07-20 Virtual Business Meeting
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19 <br /> EXHIBIT B -- Existing Encumbrances <br /> As to all Tracts: the Deed of Trust and Security Agreement granted by the County <br /> for the benefit of BNY-M dated as of June 1, 2018, and recorded at RB 6486, Page <br /> 413, Orange County Registry, as previously supplemented (referred to as the <br /> "Existing Deed of Trust" in this instrument, and further defined above). <br /> All references to books and pages in the lists below are to the Orange County <br /> Registry. <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 /> 5. 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 /> 7. Easement(s) and/or Right(s) of Way to Jean A. Hall, heirs and assigns <br /> recorded in Book 3446 at Page 39, Orange County Registry. <br /> 8. Non-exclusive perpetual right and easement of ingress and egress for a <br /> driveway for Dorothy Hall Holloway and Husband, Bill Holloway and their <br /> successors and assigns, recorded in Book 3831 at Page 375, Orange County <br /> Registry. <br /> 9. Declaration of Restrictions and Provisions for Private Road Maintenance <br /> recorded in Book 376 at Page 552. <br /> 11 <br />
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