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40 <br /> Model Conservation Easement Revised <br /> 2.19 Industrial Development. Any industrial uses of or activity on the <br /> Property are prohibited. <br /> 2.20 Extinguishment of Development Rights. Except as otherwise reserved to <br /> the Grantors in this Conservation Easement, the parties agree that all development rights <br /> appurtenant to the Property are hereby released, terminated and extinguished, and may not be <br /> used on or transferred to any portion of the Grantors' Property as it now or hereafter may be <br /> bounded or described, or used or transferred to any other property adjacent or otherwise, nor <br /> used for the purpose of calculating permissible lot yield of the Grantor's Property or any other <br /> property. <br /> 3. ADDITIONAL RIGHTS RETAINED BY GRANTOR. Grantor retain the <br /> following additional rights: <br /> (a) Existing Uses. The right to undertake or continue any activity or use of the <br /> Property is not prohibited by this Conservation Easement. Prior to making any change in use of <br /> the Property, Grantors shall notify Grantees in writing to allow Grantees a reasonable <br /> opportunity to determine whether such change would violate the terms of this Conservation <br /> Easement. <br /> (b) Transfer. The right to sell, give, mortgage, lease, or otherwise convey the <br /> Property subject to the terms of this Conservation Easement. <br /> 4. GRANTEES' RIGHTS. To accomplish the purpose of this Conservation <br /> Easement, the following rights are granted to Grantees by this Conservation Easement: <br /> (a) Right to Protect. The right to preserve and protect the conservation values of the <br /> Property and enforce the terms of this Conservation Easement. <br /> (b) Right of Entry. Grantees, their employees, representatives, and agents and their <br /> successors and assigns, have the right, after prior written notice to Grantor, to <br /> enter the protected Property at reasonable times for the purposes of: (a) <br /> inspecting the protected Property to determine whether the Grantor, its <br /> representatives, assigns, heirs and successors are complying with the covenants <br /> and purposes of this Conservation Easement; and(b) monitoring and research as <br /> described below. <br /> (c) Monitoring and Research. The right, but not the obligation, to monitor the native <br /> plant and wildlife populations,plant communities and natural habitats on the <br /> Property. Grantees agree that all monitoring activity, inventory and assessment <br /> work or other natural resource research conducted by Grantees or at Grantees' <br /> direction or with Grantees' permission shall be reported to Grantor. Grantor <br /> agrees that all monitoring activity, inventory and assessment work or other natural <br /> Page 12 of 22 <br />