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<br /> Exhibit A will remain on file at the Orange County Department of Environment, Agriculture,
<br /> Parks and Recreation.
<br /> E. The Grantors and Grantee have the common purpose of conserving the
<br /> above-described conservation values of the Property in perpetuity, and the State of North
<br /> Carolina has authorized the creation of Conservation Easements pursuant to the terms of the
<br /> North Carolina Conservation and Historic Preservation Agreements Act,N.C. Gen. Stat. §
<br /> 121-34 et seq., and G.S. § 153A-176 and G.S. § 160A-266 - 279, which provide for the
<br /> enforceability of restrictions, easements, covenants or conditions "appropriate to retaining land
<br /> or water areas predominantly in their natural, scenic or open condition or in agricultural,
<br /> horticultural, farming, or forest uses," and the Grantors and Grantee wish to avail themselves of
<br /> the provisions of those laws.
<br /> NOW, THEREFORE, the Grantors, for and consideration of the facts recited above and
<br /> of the mutual covenants, terms, conditions and restrictions contained herein and as an absolute
<br /> and unconditional gift, hereby give, grant and convey unto the Grantee, its successors and
<br /> assigns, forever and in perpetuity for the benefit of the people of North Carolina, a Conservation
<br /> Easement over the Property of the nature and character as follows:
<br /> Except as otherwise reserved to the Grantors in this Conservation Easement, the parties
<br /> agree that all development rights appurtenant to the Grantors' Property are hereby released,
<br /> terminated and extinguished, and may not be used on or transferred to any portion of the
<br /> Grantors' Property as it now or hereafter may be bounded or described, or used or transferred to
<br /> any other property adjacent or otherwise, nor used for the purpose of calculating permissible lot
<br /> yield of the Grantors' Property or any other property.
<br /> 1. PURPOSE. The purposes of this Conservation Easement are to ensure that the
<br /> Property will be retained forever predominantly in its natural, scenic, forested, and/or open space
<br /> condition; to protect native plants, animals, or plant communities on the Property, while allowing
<br /> traditional uses on the Property that are compatible with and not destructive of the conservation
<br /> values of the Property such as selective timber harvesting, grazing and farming of pastures and
<br /> fields, and hunting; and to prevent any use of the Property that will impair or interfere with the
<br /> conservation values or interests of the Property.
<br /> As authorized in the Uniform Conservation and Historic Preservation Act,N.C. Gen.
<br /> Stat. § 121-34 et seq., this Conservation Easement is perpetual; it restricts the Grantor's property
<br /> in perpetuity; and it is enforceable by Grantee against the Grantors and the Grantors'
<br /> representatives, heirs, successors and assigns, lessees, agents, and licensees.
<br /> Grantors will not perform, nor knowingly allow others to perform, any act on or affecting
<br /> the Property that is inconsistent with the purposes of this Conservation Easement. However,
<br /> unless otherwise specified below, nothing in this Conservation Easement shall require the
<br /> Grantors to take any action to restore the condition of the Easement Area after any act of God or
<br /> other event over which Grantors had no control. Grantors understand that nothing in this
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