20070047 Ver 1_More Info Received_20061120

STATE OF NORTH CAROLINA Drawn by and mail to:
Lisa C. Glover, Esq.
N.C. Dept. of lustice/'fransportation Section
1505 Mail Service Center
COUNTY OF BRUNSWICK Raleigh, NC 27699-1505
AGREEMENT
This AGREEMENT (hereinafter, "Agreement") is entered into this ~~day of
~~1~1r~a(' , 2006, by and between LADANE WILLIAMSON and DR. DECAROL
WILLIAMSON (hereinafter and collectively, the "WILLIAMSONS"), and THE NORTH
CAROLINA DEPARTMENT OF TRANSPORTATION (hereinafter, "NCDOT").
WITNESSETH:
WHEREAS, the Williamsons are the sole owner in fee simple of certain real
property consisting of approximately 3500 acres as is more particularly described in Deed
Book ~_, Page ~_, of the Brunswick County Register of Deeds Office
(hereinafter, the "Property");
WHEREAS, portions of the Property provide natural wildlife habitat for a wide
variety of land, air and aquatic species, and many of these species are of great importance
to the Williamsons and the people of North Carolina;
WHEREAS, NCDOT plans to construct a controlled access highway connecting
North Carolina State Highway 211 to the Town of Oak Island, Brunswick County,
thereby providing a second access point to the Town of Oak Island (hereinafter, the
"Proposed Highway");
WHEREAS, the Proposed Highway crosses over a portion of the Property;
WHEREAS, NCDOT desires to hold a Conservation Easement over certain
portions of the Property (hereinafter, "Conservation Easement Area"), as depicted on
Exhibit A and more particularly described below;
WHEREAS, the Williamsons desire to access the Proposed Highway from the
Property;
WHEREAS, NCDOT has agreed to allow the Williamsons to access the
Proposed Highway via a Controlled Access Road in exchange for the grant to NCDOT of
a perpetual Conservation Easement over the Conservation Easement Area, thereby
restricting and limiting the use of land within the Conservation Easement Area, together
with a permanent access easement of ingress and egress, substantially according to the
terms and conditions set forth in the conservation easement form attached hereto as
Exhibit C; and,

WHEREAS, NCDOT has agreed to allow the Williamsons to construct a
subdivision road through a portion of the Conservation Easement Area so long as the
road contains adequate wildlife crossings, as described below; and,
WHEREAS, the Williamsons have agreed to the conditions set forth below
regarding access to the Proposed Highway and construction of the subdivision road.
NOW, THEREFORE, in consideration of the foregoing recitals, the mutual
agreements set forth below and other good and valuable consideration including payment
to the Williamsons of $100,000,00, the receipt and sufficiency of which are hereby
acknowledged, the parties agree as follows:
1. Conservation Easement and Easement of In ress and Egress. The
Williamsons hereby agree to grant to NCDOT a perpetual Conservation Easement for the
areas identified on Exhibit A as "PR3," "WestBay," "Wildlife Corridor 1," "Williamson
EastBay," "PR11," and "PR13," referred to collectively as the Conservation Easement
Area, and to grant to NCDOT Permanent Access Easements of Ingress and Egress as
shown on Exhibit A. The parties agree that said Conservation Easement Area and
Easement of Ingress and Egress shall be more definitively determined after delineation of
wetlands is complete and after a survey of the boundaries is complete. The terms and
conditions of the Conservation Easement and Permanent Access Easement of Ingress and
Egress shall be substantially similar to the terms and conditions set forth in the
conservation easement and permanent access easement of ingress and egress form
attached hereto as Exhibit C.
2. Controlled Access Road. In exchange for the grant of the Conservation
Easement and Permanent Access Easements, NCDOT hereby agrees to allow the
Williamsons to access the Proposed Highway via a Controlled Access Road to be
constructed by the Williamsons within the Control of Access Corridor depicted on
Exhibit B (hereinafter, "Corridor"). The exact specifications for the Corridor will be
shown on the final right of way plans, which are to be certified and recorded in the Office
of the Register of Deeds for Brunswick County pursuant to N.C.G.S. § 136-19.4. The
Williamsons shall grant to the Department, in consideration for this Agreement and
without further compensation, the right-of--way with full controlled access rights within
the Corridor. Said conveyance of right-of--way and control of access comprising the
Corridor shall be made at the same time as the Closing of the Conservation Easement
transaction, discussed below in Paragraph 6, and shall be by way of an instrument
substantially similar to the instrument attached hereto as Exhibit D. The Williamsons
will be solely responsible for planning, design, and construction of the Controlled Access
Road within this corridor, including obtaining any and all permits necessary for the
construction of the Controlled Access Road. The Williamsons must obtain an approved
driveway access permit from NCDOT prior to beginning construction. The application
for a driveway access permit shall be made in accordance with the North Carolina
Department of Transportation's "Policy On Street and Driveway Access to North
Carolina Highways" in effect at the time of such application, subject to the rules,
regulations, conditions, specifications, and permit processes of the NCDOT and those of

any local governments, including but not limited to the submission to, and approval by,
such governmental entities of a proposed site development and traffic plan. The
Controlled Access Road must be built in accordance with the right-of--way and
construction standards contained in the North Carolina Department of Transportation's
"Subdivision Roads Minimum Construction Standards" manual in effect at the time of
the application for the driveway access permit, and must be built in accordance with any
conditions of the approved driveway access permit.
3. Subdivision Road and Wildlife Crossings in the Wildlife Corridor.
(a) NCDOT agrees to allow the Williamsons to construct a subdivision road
through the area labeled Wildlife Corridor 1 on Exhibit A, so long as wildlife crossings
are provided as described below. The total width of clearing for the road and any
associated pathways, drainage, and utilities may not exceed one hundred (100) feet. The
provisions of N.C.G.S. § 136-102.6 and any other applicable statutes, regulations, or
policies govern acceptance of the subdivision road and the wildlife crossings (discussed
below) onto the State highway system. The Williamsons will be solely responsible for
planning, design, and construction of the subdivision road, including obtaining any and
all permits necessary for the construction of the subdivision road. The Williamsons must
obtain advance written permission from NCDOT before beginning construction of the
subdivision road and wildlife crossings.
(b) In order to maintain continuity between Wildlife Corridor 1 and WestBay,
the Williamsons will provide a minimum of four (4) sixty inch (60") by forty-six inch
(46") corrugated aluminum pipe arches, spread evenly across the width of the wildlife
corridor, with a continuous aluminum barrier on both ends, to be used as wildlife
crossings. The wildlife crossings must be built in accordance with Exhibit E attached
hereto. The bottom of the pipes shall be buried one foot (1') below the ground surface.
The pipes will be backfilled along their entire length with one foot (1') of soil. Four pre-
cast concrete bridge openings may be used in place of the pipe-arch configuration
provided the vertical clearance and total opening area of the four bridges equals or
exceeds that for the pipe-arch configuration. The wildlife crossings must be constructed
and operational by the time construction of the subdivision road is complete and before
the road is open to traffic.
4. Compensation. NCDOT will pay a total of $100,000 to the Williamsons
pursuant to this Agreement. An initial payment of $10,000 will be made upon the
signing of this Agreement (the "Earnest Money"), with the remaining $90,000 to follow
upon the signing of the aforementioned Conservation Easement. The Earnest Money is a
non-refundable deposit, absent default by the Williamsons hereunder.
5. Access and Inspection. The parties acknowledge that NCDOT has
already inspected the Conservation Easement Area and determined that it has the
requisite qualities, characteristics and natural values to make it appropriate for the
purposes of the Conservation Easement. Notwithstanding the above, between the date of
this Agreement and the Closing, defined below, NCDOT and NCDOT's agents,

employees, contractors, representatives and other designees (collectively, "NCDOT's
Designees") shall have the right to enter the Conservation Easement Area for the
purposes of inspecting the Conservation Easement Area, conducting soil tests, conducting
surveys, engineering studies, and conducting any other investigations, examinations, tests
and inspections as NCDOT may reasonably require to assess the condition of the
Conservation Easement Area.
6. Clo_ sing. The Closing of the transfer of the Conservation Easement,
Permanent Access Easement of Ingress and Egress, and the right of way and controlled
access rights for the Corridor shall be held at such time and on such date as may be
mutually agreed upon by both parties. The Williamsons shall be responsible for their
attorneys' fees. NCDOT shall be responsible for all recording and transfer costs, the
costs of survey (described below), and NCDOT's attorneys' fees.
7. Title & Survey. Not later than Closing, the Williamsons shall have
released or subordinated any deed of trust or mortgage encumbrances affecting the
Conservation Easement Area. NCDOT shall arrange for, at its cost, the preparation of a
recordable plat of survey prior to Closing, delineating the Conservation Easement Area.
The Williamsons shall have the opportunity to review and approve the survey. The
survey will be recorded in conjunction with closing.
8. Representations and Warranties; Disclaimer of Further
Representations and Warranties.
(a) The Williamsons warrant that at the Closing, they shall convey to NCDOT
good, indefeasible, marketable and insurable title to the Conservation Easement
consistent with Paragraph 20 of Exhibit C.
(b) The Williamsons make the additional following representations and
warranties, to the best of its knowledge without independent investigation, which
representations and warranties shall be true as of the day of the Closing and shall survive
Closing for a period of six (6) months:
(i) The Williamsons are the record owner of the Conservation
Easement Area to be conveyed hereunder. Following Closing, NCDOT shall
have insurable title to the Conservation Easement consistent with Paragraph 20 of
Exhibit C.
(ii) The Williamsons are in substantial compliance with the laws,
orders and regulations of each governmental department, commission, board, or
agency having jurisdiction over the Conservation Easement Area in those cases
where noncompliance would have a material adverse effect on the Conservation
Easement.
(iii) The Williamsons are not a party to nor subject to or bound by any
agreement, contract or lease of any kind relating to the Conservation Easement
Area that would unreasonably interfere with the Conservation Easement or defeat
its purpose.
(iv) The property comprising the Conservation Easement Area is not in
violation of any federal, state or local law, ordinance or regulation relating to

environmental conditions on, under or about the Conservation Easement Area,
including, but not limited to, soil and groundwater conditions. Neither the
Williamsons, nor to the best of their knowledge any third party, has used,
generated, manufactured, refined, produced, processed, stored, or disposed of on,
or under the Conservation Easement Area or transported to or from the
Conservation Easement Area any Hazardous Materials nor do the Williamsons
intend to use the Conservation Easement Area prior to the Closing Date for the
purpose of generating, manufacturing, refining, producing, storing, handling,
transferring, processing or transporting Hazardous Materials. For purposes
hereof, "Hazardous Materials" shall mean any flammable explosives, radioactive
materials, asbestos, petroleum, organic compounds known as polychlorinated
biphenyls, chemicals known to cause cancer or reproductive toxicity, pollutants,
contaminants, hazardous wastes, toxic substances or related materials, including,
without limitation, any substances defined as or included in the definition of
"hazardous substances", "hazardous materials", or "toxic substances" in the
Comprehensive Environmental Response, Compensation and Liability Act of
1980, as amended, 42 USC Sec. 9601 et seq., the Hazardous Materials
Transportation Act, 49 USC Sec. 1801, et sec., the Resource Conservation and
Recovery Act, 42 USC Sec. 6901, et sec., or other federal, state or local statute,
law, ordinance, code, rule, regulation order, decree or other requirement of
governmental authority regulating, relating to, or imposing liability or standards
of conduct concerning any hazardous, toxic or dangerous substance or material, as
now or at any time hereafter in effect, and in the regulations adopted or
promulgated pursuant to such laws.
9. Remedies.
(a) If the transfer of the Conservation Easement contemplated hereby is not
consummated in accordance with the terms and provisions of this Agreement due to
circumstances or conditions which constitute a default by NCDOT under this Agreement,
the entire Agreement shall be terminated, all rights and obligations of the parties under
this Agreement shall expire, and this Agreement shall become null and void, and the
Earnest Money shall be delivered to and retained by the Williamsons as their liquidated
damages for such default. The parties acknowledge that as to the liquidated damages
option above, the Williamsons' actual damages in the event of a default by NCDOT will
be difficult to ascertain, that such damages represent the parties' best estimate of such
damages, and that the Williamsons and NCDOT believe such liquidated damages are a
reasonable estimate of such damages.
(b) If the transfer of the Conservation Easement contemplated hereby is not
consummated in accordance with the terms and provisions of this Agreement due to
circumstances or conditions which constitute a default by the Williamsons under this
Agreement, the Earnest Money shall be refunded to NCDOT promptly upon request, and
NCDOT, as its sole and exclusive remedies, may exercise the following additional rights
and remedies: (i) in the event of any default by the Williamsons, NCDOT shall have the
right to terminate this Agreement, in which event all rights and obligations of the parties
under this Agreement shall expire, and this Agreement shall become null and void; and

(ii) if the Williamsons' default is a refusal by the Williamsons to convey the
Conservation Easement to NCDOT as required by this Agreement, then NCDOT shall
have the right to sue the Williamsons for specific performance of this Agreement. The
Williamsons shall have no other liability to NCDOT under this Agreement.
(c) If NCDOT has not advertised for bids to construct the Proposed Highway
within six (6) years from the execution date of this Agreement and if at that time the
Proposed Highway is not included within the State Transportation Improvement
Program, then this Agreement shall be deemed null and void;. moreover, if the
Conservation Easement has already been recorded, then NCDOT shall take all necessary
measures to allow the Williamsons to remove the Conservation Easement from the public
record and to free the Conservation Easement Area from all effects of that Conservation
Easement.
10. Assignment; Successors. This Agreement may not be assigned by any
party, in whole or in part, without the prior written consent of the other party, and any
such assignment without the consent of the other party shall be null and void and of no
force or effect. Subject to the foregoing, this Agreement shall be binding upon and
enforceable against, and shall inure to the benefit of, the Williamsons and NCDOT and
their respective successors and permitted assigns. No assignment shall relieve the
Williamsons of liability for the performance of their duties and obligations under this
Agreement.
11. Entire Agreement; Modification. This Agreement supersedes all prior
discussions and agreements among the Williamsons and NCDOT and constitutes the
entire agreement between the parties hereto and there are no agreements, understandings,
warranties or representations between the parties other then those set forth herein. This
Agreement may not be amended or modified in any way except by instrument in writing
executed by all parties hereto.
12. Documentation. If necessary to carry out the intent of this Agreement,
each party agrees to execute and provide to the other party any and all other instruments,
documents, conveyances, assignments and agreements which may be necessary to
effectuate, carry out and perform the terms, provisions and conditions of this Agreement.
13. Governing Law. This Agreement shall be governed by, construed under
and interpreted an enforced in accordance with the laws of the State of North Carolina.
14. Miscellaneous Provisions.
(a) Notices. All notices, demands or requests shall be in writing to the
addresses indicated on the signature pages below and shall be deemed given (i) upon the
date hand delivered; (ii) those given by mailing as hereinabove provided shall be deemed
given two business days after the date of deposit in the United States Mail; (iii) those
given by commercial courier as hereinabove provided shall be deemed given one
business day after the date of deposit with the commercial courier; or (iv) those given by
facsimile shall be deemed given on the date of confirmed facsimile transmittal.

(b) Facsimile as Writing. The parties expressly acknowledge and agree that,
notwithstanding any statutory or decisional law to the contrary, the printed product of a
facsimile transmittal shall be deemed to be "written" and a "writing" for all purposes of
this Agreement.
(c) Headings. The use of headings, captions and numbers in this Agreement
is solely for the convenience of identifying and indexing the various provisions in this
Agreement and shall in no event be considered otherwise in construing or interpreting
any provision in this Agreement.
(d) Exhibits. Each and every exhibit referred to or otherwise mentioned in
this Agreement is attached to this Agreement and is and shall be construed to be made a
part of this Agreement by such reference.
(e) Non-Waiver. Failure by any party to complain of any action, non-action
or breach of any other party shall not constitute a waiver of any aggrieved party's rights
hereunder. Waiver by any party of any right arising from any breach of any other party
shall not constitute a waiver of any other right arising from a subsequent breach of the
same obligation or for any other default, past, present or future.
(f) Rights Cumulative. All rights, remedies, powers and privileges conferred
under this Agreement on the parties shall be cumulative of and in addition to, but
restrictive of or in lieu of, those conferred by law.
(g) Counterparts. This Agreement may be executed in several counterparts,
each of which shall be deemed an original, and all of such counterparts together shall
constitute one and the same instrument.
(h) Authority. Each party hereto warrants and represents, to the extent
authorized by law, that such party has full and complete authority to enter into this
Agreement and each person executing this Agreement on behalf of a party warrants and
represents that he has been fully authorized to execute this Agreement on behalf of such
party and that such party is bound by the signature of such representative.
(i) No Construction Against Preparer. No provision of this Agreement shall
be construed against or interpreted to the disadvantage of any party by any court or other
governmental or judicial authority by reason of such party's having or being deemed to
have prepared or imposed such provision.
15. Agreement; Recording. This Agreement runs with the land and is
enforceable by each party against the other, including representatives, heirs, successors
and assigns, lessees, agents, and licensees. The NCDOT shall record a Memorandum of
this Agreement and any amendment hereto in a timely fashion with the Office of the
Register of Deeds for Brunswick County, North Carolina, and may re-record it at any
time as may be required to preserve its rights under this Agreement.
[This space left intentionally blank]

IN WITNESS WHEREOF, the parties have caused this Agreement to be
executed and delivered through their duly authorized agents effective as of the date first
above written.
STATE OF NORTH CAROLINA
COUNTY OF ~ itil~(~C,
I, (~^~ .~ ,Notary Public of the aforesaid County and
State, do hereby certify that LaDane Williamson personally appeared before me this day
and acknowledged the due execution of the foregoing instnunent.
WITNESS my hand and notarial seal, this ~ day of 2006.
My commission expires: ~ a D
Notary Public
(AFFIX SEAL)

1
DR. DECAROL WILLIAMSON
STATE OF NORTH CAROLINA
COUNTY OF 'I~1 Q,tt)
I, ~l ~1~lA.Y~ ,~~~- ,Notary Public of the aforesaid County and
State, do hereby certify that Dr. DeCarol Williamson personally appeared before me this
day and acknowledged the due execution of the foregoing instrument.
WITNESS my hand and notarial seal, this25 day of~J' , 2006.
My commission expires: U7
vw,,.,
(AFFIX SEAL) \~~~~ ~ 11 I I I I llli~i
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• NOTARY ••
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Notary Public

Agreement solely to the extent that
she has any marital right to the
Property
STATE OF NORTH CAROLINA
COUNTY OF ~ ~
I, V ~V lQ,l~ ~/- ~a ,Notary Public of the aforesaid County and
State, do hereby certify that Jan Williamson personally appeared before me this day and
acknowledged the due execution of the foregoing instrument. _
WITNESS my hand and notarial seal, this2~ day of , 2006.
My commission expires: 10
(AFFIX SEAL)
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Notary Public
*Jan Williamson executes this

NORTH CAROLINA DEPARTMEN
OF TRANSPORTATION
BY: ~
A. D. Allison, II
Assistant Manager, Right of Way Branch
North Cazolina Department of Transportation
1546 Mail Service Center
Raleigh, NC 27699-1546
ATTEST:
v L
SECRETARY THE BOARD O
TRANSPORTATION AND CUST IAN
OF THE SEAL OF THE DEPARTMENT
OF TRANSPORTATION
NORTH CAROLINA
WAKE COUNTY
(Seal)
This the Zo ~~ day of November, 2006, personally appeared before me, Denise Amato,
a Notary Public of Pitt County and State, Tammy B. Denning, who being by me duly sworn, says
that she knows the Seal of the Department of Transportation and is acquainted with A. D. Allison,
II, who is Assistant Manager of Right of Way of the Division of Highways of said Department,
and that she, the said Tammy B. Denning, is the Secretary to the Board of Transportation and
Custodian of the Seal of the Department of Transportation, and saw said Assistant Manager of
Right of Way sign the foregoing instrument, and that she, the said Secretary to the Boazd of
Transportation and Custodian of the Seal of the Department of Transportation, affixed said seal to
said instrument and signed her name in attestation of the execution thereof in the presence~of said
Assistant Manager of Right of Way.
WITNESS my hand and Notarial Seal, the ,~.~ ~~ day of November, 2006.
~ (~ ~,~
Notary Public
My Commission Expires: October 29, 2009 ~~~.~~`~`"~~1 S E~~~~~"'~~
a~`~ OWN A~y~''%
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