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<br /> E. Conservation Purpose. Granter and Grantee, each for itself,and its respective
<br /> successors and assigns, agree that this Conservation Easement shall be held exclusively for
<br /> conservation purposes set forth by the Grant Contract,this Conservation Easement and as
<br /> specified in Section 170(h)(4)(A)of the Code. Further,this Conservation Easement shall be
<br /> construed to promote the purposes of the Act and such purposes of this Conservation Easement
<br /> as are defined in Section 170(h)(4)(A)of the Code.
<br /> F. Recording. Grantee shall record this instrument and any amendment hereto in the
<br /> official records of Orange County,North Carolina, and may re-record it at any time as may be
<br /> required to preserve Grantee's rights.
<br /> G. Notices. Any notices shall be sent by registered or certified mail,return receipt
<br /> requested,to the Parties at their addresses shown below,and each Party may update its
<br /> information by a notice sent in accordance with this Paragraph:
<br /> If to Grantee: If to Grantor:
<br /> State of North Carolina Grange County
<br /> NC Land and Water Fund PO Box 8181
<br /> 1651 Mail Service Center Hillsborough,NC 27278Raleigh,NC
<br /> 27699-1651
<br /> H. Amendments. Grantor and Grantee, or their successors in interest in the Property,
<br /> are free to jointly amend this Conservation Easement,provided that no amendment will be
<br /> allowed that is inconsistent with the purposes of this Conservation Easement or affects the
<br /> perpetual duration of this Conservation Easement. Such amendments require the prior written
<br /> approval of both Grantor and Grantee and shall be effective upon recording in the public records
<br /> of Orange] County,North Carolina.
<br /> I. Environmental Condition of the Pro e . Grantor warrants,represents, and
<br /> covenants to Grantee that to the best of its knowledge after appropriate inquiry and investigation:
<br /> (a)the Property described herein is and at all times hereafter will continue to be in full
<br /> compliance with all federal, state,and local environmental laws and regulations,(b) as of the
<br /> date hereof, there are no hazardous materials,substances,wastes,or environmentally regulated
<br /> substances(including, without limitation, any materials containing asbestos) located on, in, or
<br /> under the Property or used in connection therewith, (c)that there are no environmental
<br /> conditions existing on the Property that may prohibit or impede use of the Property for the
<br /> purposes set forth herein,and(d)Grantor will not allow such conditions.
<br /> J. Indemnity. Grantor agrees to the fullest extent permitted by law,to protect,
<br /> indemnify,and hold harmless Grantee from and against all claims, actions, liabilities,damages,
<br /> fines,penalties,costs,expenses, and attorneys' fees suffered or incurred as a direct or indirect
<br /> result of any violation of any federal, state,or local environmental or land use law or regulation
<br /> or of the use or presence of any hazardous substance,hazardous waste,or other regulated
<br /> material in, on, or under the Property.
<br /> NCLWr Property CE Template--rev.Oct 2023
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