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Ill 20060III41II(I)Ill60 0i131114 II�II1r�I�IIIIIIIIWI�N��I <br /> Bk:RB3721 Pg:515 <br /> 0411612006 12:39:64PM 1/23 <br /> FILED Joyce H. Pearson <br /> Register of Deeds Orange COUNTY,NC <br /> ! Deputy�����"" ! <br /> Prepared by and Return to: Kennedy Covington Lohdell&Hickman,L.L.P., (CDM) <br /> 214 N. Tryon St., Charlotte,NC 28202 <br /> DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS <br /> ORANGE COUNTY CAMPUS,DURHAM TECHNICAL COMMUNITY COLLEGE <br /> PROPERTY, WATERSTONE PROJECT, TOWN OF HILLSBOROUGH, <br /> ORANGE COUNTY,NORTH CAROLINA <br /> THIS DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS FOR <br /> ORANGE COUNTY CAMPUS, DURHAM TECHNICAL COMMUNITY COLLEGE <br /> PROPERTY, WATERSTONE PROJECT, TOWN OF HILLSBOROUGH, ORANGE <br /> COUNTY, NORTH CAROLINA (the "Declaration'), made this .day of April, 2005, by <br /> NORCA HOLDINGS, LLC, a Delaware limited liability company, hereinafter called <br /> "Declarant"with reference to the following facts: <br /> RECITALS: <br /> A. Declarant is the owner of certain real property in the Town of Hillsborough, <br /> Orange County, North Carolina, as more fully described in Article 1 hereof and as described on <br /> Exhibit A attached hereto and incorporated herein by this reference (the "Orange County <br /> Campus,DTCC Property"). <br /> B. It is anticipated that, contemporaneously with the execution of this Declaration, <br /> Declarant will sell and convey the Orange County Campus, DTCC Property to Orange County, <br /> North Carolina (the "County") for development by the County, in accordance with the terms <br /> hereof, as a community college campus. <br /> C. In addition to the Orange County Campus, DTCC Property, Declarant owns or <br /> may acquire certain adjacent property also located in the Town of Hillsborough, Orange County, <br /> North Carolina, which adjacent property, to the extent it is currently owned by Declarant, is <br /> described more particularly on Exhibit B attached hereto and incorporated herein by this <br /> reference (the "Additional Property"). Declarant intends that the Orange County Campus, <br /> gS'73•a(n- 3$q3 qg'73- 33. 0151 8873-a5-go59 q6-73 -35-,5--L-10 <br /> q S?3- 35- gays 4V73, 5a• 4y7,J cl 8�3•D3•�TBb� gB73- 63- 9577 <br /> qS7 3 • 03 . 8a'5 9873 'q--" e4S73 � 43• a4$3 Qg'73• r3-�81 � , <br /> gg't3 •33- bg77 <br />