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C . Pursuant to the Act, Grantor desires to grant a trail easement over a certain portion of the <br /> Property, consisting of X acres , more or less, is the subject of this Easement and is marked on- the <br /> plat of survey recorded in Plat Book , Page , Orange County Registry, and described in <br /> Exhibit A attached hereto and incorporated herein by this reference (hereinafter referred to as <br /> the "Trail Area") within which a Trail may be constructed, thereby restricting and limiting the <br /> use of the Trail Area to the terms , conditions and purposes hereinafter set forth, and Grantee is <br /> willing to accept such easement . <br /> D . Grantor and Grantee understand that the Trail Area overlaps with an existing <br /> conservation easement described in the " Conservation Easement" recorded in Book 2796 , Page <br /> 575 , Orange County Registry and marked on plat of survey recorded in Plat Book 94 , Page 107 , <br /> il Area is restricted and limited in use in accordance with the Orange County Registry. The Tra <br /> terms and conditions of this easement as well as the conservation easement recorded in Book <br /> 2796, Page 575 , including an amendment recorded in 6677 , Page 1530 , in the Orange County <br /> Registry. <br /> E . By restricting and limiting the use of the Trail Area in accordance with the terms and <br /> conditions of this Easement, the Parties intend to preserve the natural features and resources of <br /> the Trail Area; protect the habitat of native plants and animals , sustain scenic values ; maintain <br /> water quality and utilize the Trail Area for public educational, scientific and low-impact <br /> recreational pursuits (said purposes being hereinafter referred to as the " Conservation Values ") . <br /> F . The Parties acknowledge and agree that (i) the recording of this Easement shall � be <br /> conclusive evidence of its acceptance of same by Grantee ; (ii) Grantee will be the "holder" (as <br /> that term is defined in the Act) of this Easement and (iii) Grantee is a . " qualified organization" <br /> and "eligible donee" within the meaning of Section 170 (h) (3 ) of the Internal Revenue Code (the <br /> " Code") and regulations promulgated thereunder . <br /> G . Grantee intends to include the Trail within the Trail Area ("Trail") as part of the North <br /> Carolina Mountains-to - Sea Trail and Grantor and Grantee agree that such inclusion grants the <br /> Grantee, and its agents or representatives , the right to establish a trail for use by the general <br /> public within the Trail Area. <br /> H . The undersigned Grantee acknowledges that Grantor has donated the easement contained <br /> herein over the Trail Area in accordance with the provisions of Article V of this Easement . <br /> I . The Parties acknowledge and agree that as a component of the North Carolina <br /> MountamsAo - Sea Trail, the Trail Area, in accordance with Chapter 143B , of the North Carolina <br /> General Statutes, shall be subject to a general management plan devised by the North Carolina <br /> Department of Natural and Cultural Resources ("NCDNCR") . <br /> NOW, THEREFORE, for the reasons given and other good and valuable consideration <br /> and in consideration of their mutual covenants , terms , conditions and restrictions contained <br /> herein, Grantor hereby voluntarily grants and conveys to Grantee, its successors or assigns , and <br /> Grantee, its successors or assigns , hereby voluntarily accepts , forever and in perpetuity an <br /> Easement on the Property, which Easement is an immediately vested interest in real property of <br /> - 2 - <br />