2025-735-E-DEAPR-Kennon Craver, Attorneys at Law -Closing Settlement with full closing costs for purchase of property owned by Albert Kittrell and heirs of Wilbert McAdoo Jr

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NCLWF Property CE Template – rev. Oct 2023 3 of 18 Moreover, Grantor and Grantee recognize that the Property has other conservation values and purposes, including fish and wildlife conservation, open space values, scenic values, and archaeological values (hereinafter, collectively with the conservation values described in this Section E of the Recitals and the conservation purposes of this Conservation Easement, the “Conservation Values”). F. Association for the Preservation of the Eno River Valley, Inc., d.b.a. Eno River Association has received or will receive a grant from Fund in accordance with Grant Contract No. 2023-020 between Association for the Preservation of the Eno River Valley, Inc., d.b.a. Eno River Association and Fund dated September 20, 2023 (the “Grant Contract”). In the Grant Contract, Association for the Preservation of the Eno River Valley, Inc., d.b.a. Eno River Association agreed to facilitate the conveyance of this Conservation Easement. The Grant Contract is on file and available for public inspection in the offices of Association for the Preservation of the Eno River Valley, Inc., d.b.a. Eno River Association and Fund. The Grant Contract and this Conservation Easement are collectively referred to herein as the “Project.” G. Grantor and Grantee acknowledge that the Property is currently unencumbered except as permitted in Article V of this Conservation Easement. The Property’s characteristics, its current use, and its state of improvement are described in a Baseline Documentation Report (the “BDR”), which was required under the Grant Contract and is on file and available for public inspection in the offices of Association for the Preservation of the Eno River Valley, Inc., d.b.a. Eno River Association and Fund. The Parties acknowledge that the BDR is the appropriate basis for monitoring compliance with the objectives of preserving the Conservation Values and that it is not intended to preclude the use of other evidence (e.g. surveys, appraisals) to establish the condition of the Property at the time of the execution of this Conservation Easement if there is a controversy over such condition. NOW, THEREFORE, in consideration of the premises and the mutual benefits recited herein, together with other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the Parties, Grantor hereby unconditionally and irrevocably gives, grants, and conveys forever and in perpetuity to Grantee, its successors and assigns, and Grantee hereby accepts, this Conservation Easement of the nature and character and to the extent hereinafter set forth in, on, over, under, through, above, and across the Property, together with the right and easement to preserve and protect the Conservation Values. The purpose of this Conservation Easement is to protect and preserve the Conservation Values as outlined above in Section E of the Recitals including the conservation purposes and it shall be so held, maintained, and used therefor. Grantor hereby conveys to Grantee all development rights that are now or hereafter allocated to, or are implied or inherent in, the Property, and the Parties agree that such rights are terminated and extinguished, and may not be used on or transmitted to any other property. It is the further purpose of this Conservation Easement to prevent any use of the Property that will impair or interfere with the preservation of the Conservation Values. Grantor intends that this Conservation Easement will restrict the use of the Property to such activities as are consistent with the Conservation Values. Docusign Envelope ID: F21173B5-89BA-402D-A035-40030539EB5E