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HomeMy WebLinkAboutWQ0044259_Application_20230327Initial Review Reviewer Nathaniel.Thornburg Is this submittal an application? (Excluding additional information.) * Yes No Permit Number (IR) * WQ0044259 Applicant/Permittee Carolina Poultry Power RG2, LLC Applicant/Permittee Address 3150 Stantonsburg Road SE, Wilson, NC 27893 Is the owner in BIMS? Yes ) NO Is the facility in BIMS? Owner Type Facility Name County Fee Category Major Is this a complete application?* Yes No Signature Authority Signature Authority Title Signature Authority Email Document Type (if non -application) Email Notifications Organization Carolina Poultry Power - Wilson CUS Wilson Does this need review by the hydrogeologist? * Yes No Regional Office CO Reviewer Admin Reviewer Fee Amount Complete App Date 03/27/2023 Yes No $1,310 Below list any additional email address that need notification about a new project. Email Address Comments to be added to email notfication Comments for Admin Comments for RO Comments for Reviewer Comments for Applicant Submittal Form Project Contact Information Please provide information on the person to be contacted by NDB Staff regarding electronic submittal, confirmation of receipt, and other correspondence. Name* Kim Melvin Email Address* kmelvin@pintegration.com Project Information ......................... Application/Document Type* New (Fee Required) Modification - Major (Fee Required) Renewal with Major Modification (Fee Required) Annual Report Additional Information Other Phone Number* 864-414-3059 Modification - Minor Renewal GW-59, NDMR, NDMLR, NDAR-1, N DAR-2 Residual Annual Report Change of Ownership We no longer accept these monitoring reports through this portal. Please click on the link below and it will take you to the correct form. https://edoes.deq.nc.gov/Forms/NonDischarge_Monitoring_Report Permit Type:* Wastewater Irrigation High -Rate Infiltration Other Wastewater Reclaimed Water Closed -Loop Recycle Residuals Single -Family Residence Wastewater Other Irrigation Applicant/Permittee* Carolina Poultry Power RG2, LLC Applicant/Permittee Address* 3150 Stantonsburg Road SE, Wilson, NC 27893 Facility Name* Carolina Poultry Power - Wilson CUS Please provide comments/notes on your current submittal below. The application report body provides a narrative description of the project as well as the locations of each application section. Payment was mailed one week ago. At this time, paper copies are no longer required. If you have any questions about what is required, please contact Nathaniel Thornburg at nathaniel.thornburg@ncdenr.gov. Please attach all information required or requested for this submittal to be reviewed here. (Application Form, Engineering Plans, Specifications, Calculations, Etc.) CPP Wilson Pond Permit App Package Mar 2023.pdf 28.05MB Upload only 1 PDF document (less than 250 MB). Multiple documents must be combined into one PDF file unless file is larger than upload limit. * By checking this box, I acknowledge that I understand the application will not be accepted for pre -review until the fee (if required) has been received by the Non -Discharge Branch. Application fees must be submitted by check or money order and made payable to the North Carolina Department of Environmental Quality (NCDEQ). I also confirm that the uploaded document is a single PDF with all parts of the application in correct order (as specified by the application). Mail payment to: NCDEQ — Division of Water Resources Attn: Non -Discharge Branch 1617 Mail Service Center Raleigh, NC 27699-1617 Signature ew-g1-" Submission Date 3/27/2023 Carolina Poultry Power +ri+ Application for Conjunctive Utilization -Reclaimed Water Permit Carolina Poultry Power RG2, LLC Wilson, North Carolina March 2023 Project Integration, Inc. 116 Hidden Hill Road Spartanburg, South Carolina 29301 cNeCt 'Znte+�'�Lation, IBC Table of Contents Section1 Introduction...............................................................................................................................1 1.1 Purpose and Scope................................................................................................................1 1.2 Facility Location and Contact..............................................................................................1 1.3 Pond Design Overview........................................................................................................ 2 Section 2 Application Components and Discussion........................................................................ 2.1 Forms RWPI 06-16 and RWCU 06-16............................................................................ 2.2 Property Ownership........................................................................................................ 2.3 Agronomist Evaluation - N/A....................................................................................... 2.4 Soil Evaluation - N/A...................................................................................................... 2.5 Engineering Plans............................................................................................................ 2.6 Specifications.................................................................................................................... 2.7 Engineering Calculations................................................................................................ 2.8 Site Map............................................................................................................................. 2.9 Food Crop Irrigation - N/A............................................................................................ List of Figures Figure 1 Figure 2 Figure 3 4 4 4 4 4 4 4 4 4 4 SiteLocation Map..................................................................................................... 2 Pond Thermal Loop Diagram................................................................................. 3 PondImage............................................................................................................... 3 List of Appendices Appendix A Application Forms RWPI 06-16 and RWCU 06-16 Appendix S Property Ownership Documentation Appendix C Engineering Plans Appendix D Specifications Appendix E Engineering Calculations Appendix F Drawings Package Carolina Poultry Power - Wilson i March 2023 Section 1 Introduction Carolina Poultry Power (CPP) is building a power plant adjacent to the City of Wilson Waste Water Treatment Plant in Wilson, North Carolina. CPP has initiated a project to utilize an existing evaporation pond on the WWTP property to be used as a heat sink for the boiler cooling water system. The evaporation pond will receive reclaimed water from the WWTP and will have the ability to receive city water if additional water is needed to maintain adequate water levels in the pond. A spray nozzle system is integral to this design to facilitate evaporation/cooling of the pond water. 1.1 Purpose and Scope CPP retained Project Integration, Inc. (PI) to assist in preparing the environmental documentation for the conjunctive utilization permit application. The purpose of this document is to satisfy the permitting requirements necessary to obtain the necessary permit for the evaporation pond, as designed by Wellons and Qualia Solutions LLC. The application package consists of the following: • Evaporation pond design characteristics, • Wilson WWTP analytical sampling data, • Property ownership documents • Engineering plans and specifications, • Site maps including design drawings, • Reclaim water labeling • State application form ONDWWS 06-16, and • Application fee 1.2 Facility Location and Contact Site address: Carolina Poultry Power RG2, LLC 3150 Stantonsburg Road SE Wilson, NC 27893 The mailing address and contact information for the CPP facility is as follows: Rich Deming, Principal Carolina Poultry Power RG2, LLC 3730 N. Main Street Farmville, NC 27828 Phone (252) 800-1969 Carolina Poultry Power - Wilson 1 March 2023 1.3 Pond Design Overview The CPP Wilson cogeneration facility ("CPP2") is located in an industrial zone in Wilson, North Carolina and is adjacent to the Wilson Water Management Facility ("WMF"). CPP2 is to be a new poultry litter fueled steam boiler power plant, designed for a minimum 75 MMBtu/hr of thermal output capacity to a hot water Thermal Loop. The underground Thermal Loop will circulate cooling water from the Evaporation Pond to condense exhaust steam from the Steam Turbine Generator ("STG") via heat exchangers. The heated water will be returned to the Evaporation Pond to be reused in the cycle. Heat delivery to the Evaporation Pond shall be not less 75 MMBtu/hr at approximately 200°F. The Evaporation Pond utilizes an existing 3,400,000 gal. gunite (concrete) storage basin (partially lined with plastic fabric) within an existing reclaimed water generation and distribution facility at the Wilson WMF. The reclaimed water effluent is distributed to various landscape irrigation, and industrial processes in the area, under an existing Reclaimed Water Permit'. Makeup water to the evaporation pond will be from the WMF reclaimed water system. Floating evaporators will be included on the pond to manage water temperature. Circulating hot water may also be directed to WMF pre-treatment processes and returned to the evaporation pond to be reused in the cycle. 1 Reclaimed Water Generation, Bulk Distribution, Distribution Line, And Conjunctive Utilization System Permit No. WQ0018709 dated October 18, 2019 from North Carolina Environmental Management Commission Department Of Environmental Quality Raleigh Carolina Poultry Power - Wilson 2 March 2023 The major components of the Thermal Loop system are: 1. 3.4 MG Evaporation Pond 2. Floating Pond Evaporators 3. Circulating Water Supply and Return Underground Piping 4. Circulating Water Pumps, 2x100% 5. Filtration system 6. 2x100% Condensing Heat Exchangers with Slowdown Carolina Poultry Power - Wilson 3 March 2023 Section 2 Application Components 2.1 Forms RWPI 06-16 and RWCU 06-16 Appendix A contains the state application forms for conjunctive utilization of reclaimed water systems. A check for the new Major Generator/User application fee of $1310 was mailed to your office on March 16, 2023. 2.2 Property Ownership CPP is leasing land from the City of Wilson for this project. The appropriate documentation is included in Appendix B. 2.3 Agronomist Evaluation - N/A 2.4 Soil Evaluation - N/A 2.5 Engineering Plans Appendix C contains the engineering design plans and drawings, sealed by Prince Dugba of Qualia Solutions. This is a closed system, with no irrigation or other discharges to the land or surface waters of North Carolina. 2.6 Specifications Appendix D contains equipment specifications for the pond spray nozzles, pumps and flow meters. 2.7 Engineering Calculations Appendix E contains the engineering design calculations, sealed by Prince Dugba of Qualia Solutions. 2.8 Site Map Appendix F contains the signed, sealed and dated site map along with topography and all facility -related structures within the reclaimed water utilization area. 2.9 Food Crop - N/A Carolina Poultry Power - Wilson March 2023 Appendix A Application Forms RWPI 06-16 and RWCU 06-16 Carolina Poultry Power - Wilson March 2023 State of North Carolina DWR Department of Environmental Quality Division of Water Resources Division of Water Resources 15A NCAC 02U — RECLAIMED WATER SYSTEMS — PROJECT INFORMATION FORM: RWPI 06-16 I. GENERAL INFORMATION: 1. Applicant's name: Carolina Poultry Power RG2, LLC Mailing address: 3730 North Main Street City: Farmville State: NC Zip: 27828- Telephone number: (252) 253-3300 Email Address: garrykeastenergyllc.com 2. Signature authority's name: Rich Deming (per 15A NCAC 2U .0106) Title: CEO 3. Applicant type (check all that apply): ❑ Government ❑ Federal ❑ State ❑ Municipal ❑ County ❑ Individual ❑ Corporation ✓ For new permits, submit documentation that the company is registered for business with the NC Secretary of State. ❑ General Partnership ✓ For new permits, submit a copy of the certificate filed with the Register of Deeds in the county of business. ❑ Privately Owned Public Utility ✓ For new permits, submit a Certificate of Public Convenience and Necessity from the NC Utilities Commission, or a letter from the NC Utilities Commission's Water and Sewer Division Public Staff stating an application for a franchise has been received and that the service area is contiguous to an existing franchised area or that franchise approval is expected. ❑ Home Owners Association ✓ For new permits, submit a properly executed Operational Agreement (FORM: HOA); and proposed or approved Articles of Incorporation, Declarations and By-laws. ❑ Developer (where residential lots are to be sold) ✓ For new permits, submit a properly executed Operational Agreement (FORM: DEV) 4. Demonstration of historical consideration for permit approval: Has the Applicant or any parent, subsidiary or other affiliate exhibited the following? a. Has been convicted of environmental crimes under Federal law or G.S. 143-215.6B? ❑ Yes or ® No b. Has previously abandoned a wastewater treatment facility without properly closing that facility? ❑ Yes or ® No c. Has unpaid civil penalty where all appeals have been abandoned or exhausted? ❑ Yes or ® No d. Is non -compliant with an existing non -discharge permit, settlement agreement or order? ❑ Yes or ® No e. Has unpaid annual fees in accordance with 15A NCAC 02T .0105(e)(2)? ❑ Yes or ® No FORM: RWPI 06-16 Page 1 of 3 II. PROJECT INFORMATION 1. Application type: Select (See Instruction B) Fee Submitted$1310 (See Instruction B) 2. For modifications, provide the existing permit number: WQ00 and most recent issuance date: 3. Provide a brief description of the activities proposed for permitting: Cooling water pond for utility boiler 4. What is the status of the following associated permits and/or certifications ? (if not applicable, please mark as N/A) Permit/Certification Date Submitted Date Approved Permit/Certification No. Agency Reviewer Collection System (O > 200,000 GPM n/a Dam Safety n/a Erosion & Sedimentation Control Plan n/a Nationwide 12 / Section 404 n/a Pretreatment n/a Sewer System n/a Stormwater Management Plan n/a Other: ✓ For any of the permits and certifications listed above that will directly impact the construction of the proposed reclaimed water project, please provide documentation of permit approval or final certification. Note: This application may be considered incomplete, or the resulting permit may be issued conditionally if a pending issuance of any of the related permits/certifications directly impacts the proposed facility. 5. Documentation of the presence or absence of threatened or endangered aquatic species at the project site utilizing information provided by the Department's Natural Heritage Program is required for construction of all new WWTP projects and/or non - conjunctive utilization sites, and for any project involving expansion of a WWTP and/or non -conjunctive utilization site in accordance with 15A NCAC 02T .0105(c)(10). Provide the location in application package where this documentation is located: n/a; or explain why this item is N/A. Conjunctive Utilization 6. Does this project utilize public monies or lands? ❑ Yes or ® No ✓ If yes, was an Environmental Assessment required under 15A NCAC O1 C? Yes ❑ No Include one of the following final environmental documents with this submittal: ❑ Finding of No Significant Impact, or ❑ Record of Decision Describe any mitigating factors from the Environmental Assessment that impact the design and/or construction of the reclaimed water project: 7. Is any portion of the proposed project (reclaimed water treatment units, storage units, distribution lines, or utilization areas) located within the 100 year flood plain? ❑ Yes or ® No ✓ If yes, specify which portion(s) of the project are affected? ✓ If yes, has the Applicant submitted written documentation of compliance with § 143 Article 21 Part 6? ❑ Yes or ❑ No Documentation should consist of a letter from the local authority (i.e., county/municipality) stating that the project complies with any local floodplain ordinance that may apply. FORM: RWPI 06-16 Page 2 of 3 Applicant's Certification (signing authority must be in compliance with 15A NCAC 02U .0106): I Rich Deming CEO (signing authority name — PLEASE PRINT) (title) attest that this application for Carolina Poultry Power RG2 (facility name) has been reviewed by me and is accurate and complete to the best of my knowledge. I understand that any discharge of wastewater from this non -discharge system to surface waters or the land will result in an immediate enforcement action that may include civil penalties, injunctive relief, and/or criminal prosecution. I will make no claim against the Division of Water Resources should a condition of this permit be violated. I also understand that if all required parts of this application package are not completed and that if all required supporting information and attachments are not included, this application package will be returned to me as incomplete. I further certify that the applicant or any affiliate has not been convicted of an environmental crime, has not abandoned a wastewater facility without proper closure, does not have an outstanding civil penalty where all appeals have been exhausted or abandoned, are compliant with any active compliance schedule, and do not have any overdue annual fees under Rule 15A NCAC 02U .0105. Note: In accordance with NC General Statutes 143-215.6A and 143-215.6B, any person who knowingly makes any false statement, representation, or certification in any application package shall be guilty of a Class 2 misdemeanor, which may include a fine not to exceed $10,000 as well as civil penalties up to $25,000 per violation. % 3/21/2023 Signature: Date: FORM: RWPI 06-16 Page 3 of 3 State of North Carolina DWR Department of Environmental Quality Division of Water Resources Division of Water Resources 15A NCAC 02U — RECLAIMED WATER SYSTEMS — CONJUNCTIVE UTILIZATION FORM: RWCU 06-16 I. CONTACT INFORMATION: 1. Applicant's name: Carolina Poultry Power RG2, LLC Mailing address: 3730 North Main Street City: Farmville State: NC Zip: 27828- Telephone number: (252) 253-3300 Email Address: richna,eastenergylle.com 2. Signature authority's name: Rich Deming (per 15A NCAC 2T .0106) Title: CEO 3. Consulting Engineer's name: Kim Melvin License Number: NC 025853 Firm: Project Integration, Inc. Mailing address: 116 Hidden Hill Road City: Spartanburg State: SC Zip: 29301- Telephone number: (864) 414-3059 Email Address: kmelvingpintegration.com 4. Consulting Soil Scientist's name: License Number: Firm: Mailing address: City: State: Zip: --- Telephone number: (_) _- Email Address: 5. Consulting Agronomist's name: Firm:. Mailing address: City: State: Zip: - Telephone number: () - Email Address: II. USER INFORMATION 1. Reclaimed water user name(s): Carolina Poultry Power User facility physical address: 3150 Stantonsburg Road SE City: Wilson State: NC Zip: 27893- County: Wilson 2. Facility status: Proposed 3. What is the proposed beneficial use(s) of the reclaimed water in accordance with 15A NCAC 02U .0101(a)? (Check all that apply) ❑ Irrigation (non food crop) ❑ Irrigation (food chain crops) ❑ industrial process water make up ❑ Cooling towers ❑ Chiller/Boiler makeup ❑ Urinal/Toilet flushing (non-residential) ❑ Fire protection (non-residential) ® Other (specify): Utility boiler cooling water 4. Estimated amount of reclaimed water to be used: 1,800,000 gallons per day 5. Does the reclaimed water source facility already have a permit for generation of reclaimed water? ® Yes or ❑ No ✓ If Yes, list permit number: W00018709 ✓ If No, then the Reclaimed Water Generation application (FORM: RWG) must also be included in this package. 6. In accordance with 15A NCAC 02U .0501(a)(2) and (b)(2), how will the public and/or employees be notified about the use of reclaimed water? Piping labels and plant signage will be used to notify the public and employees. 7. Specify the location within the application package where examples of notification materials can be found: Next Page FORM: RWCU 06-16 Page 1 of 7 III. UTILIZATION AREA SETBACKS (15A NCAC 02U .0701) 1. Provide the actual minimum distance in feet from the storage units and utilization areas to each item listed (distances greater than 500 feet may be marked N/A): Utilization Areas Final Effluent Storage Setback Parameter Units Required Actual Required Actual Any private or public water supply source IF 100 >500 Any property line 50 >200 Any well with exception of monitoring wells 100 >500 100 >500 Surface waters (streams — intermittent and perennial, 100 >500 50 >500 perennial waterbodies, and wetlands) classified as SA Surface waters (streams — intermittent and perennial, 25 >500 50 >500 perennial waterbodies, and wetlands) not classified as SA 2. Do the utilization areas and storage units comply with all setbacks found in the river basin rules (15A NCAC 213.0200)? ® Yes or ❑ No ✓ If no, list non -compliant setbacks: 3. Are any setback waivers required in order to comply with 15A NCAC 02U .0701? ❑ Yes or ® No ✓ If yes, have these waivers been written, notarized signed by all parties involved and recorded with the County Register of Deeds? ❑ Yes or ❑ No ✓ If yes, has a Non -Discharge Wastewater System Waiver (FORM: NDWSW) been included with this application package? ❑ Yes or ❑ No IV. DESIGN CRITERIA FOR DISTRIBUTION SYSTEMS (15A NCAC 02U .0403) 1. Fill in the table below to indicate the location in the plans and specifications where the following items can be located: Distribution System Design Element Plan Sheet Specification Page Number Number Labeling of valves, storage facilities, and outlets to warn the public or Appendix C Appendix C employees that reclaimed water is not intended for drinking in Sheet 8 Sheet 8 accordance with 15A NCAC 02U .0403 b Identification of piping, valves, and outlets as reclaimed water Appendix C Appendix C (i.e., color coding purple, labeling, taping, etc.) in accordance with 15A Sheet 8 Sheet 8 NCAC 02U .0403 c a Method of securing valves and outlets the permits operation by Appendix C Appendix C authorized personnel only in accordance with 15A NCAC 02U .0403 d Sheet 8 Sheet 8 Hose bibs locked for use by authorized personnel only in accordance Appendix C Appendix C with 15A NCAC 02U .0403 e Sheet 8 Sheet 8 a_ Identification of existing underground distributions systems shall be incorporated within 10 feet of crossing any water line or sanitary sewer line. 2. Will potable water be used to supplement the reclaimed water system? ❑ Yes or x❑ No ✓ If yes, what cross connection control measures will betaken in accordance with 15A NCAC 02U .0403(f)? Plan Sheet Number Specification Page Number ✓ If yes, is documentation that the proposed cross -connection control measures have been approved by the Division of Environmental Health's Public Water Supply Section included in this application package? ❑ Yes or ❑ No 3. Has each utilization area been equipped with a flow meter to accurately determine the volume of reclaimed water utilized? ®Yes or❑No FORM: RWCU 06-16 Page 2 of 7 V. DESIGN INFORMATION FOR EARTHEN STORAGE IMPOUNDMENTS: 15A NCAC 02U .0401 IF MORE THAN ONE IMPOUNDMENT, PROVIDE ADDITIONAL COPIES OF THIS PAGE AS NECESSARY. 1. Are there any earthen reclaimed water operational storage impoundments located at the utilization site(s)? ® Yes or ❑ No ✓ If no, then skip this Section V. 2. Storage Impoundment Coordinates (Decimal Degrees): Latitude: 35.6853' Longitude:-77.8963' 3. Do any impoundments include a discharge point (pipe, spillway, etc)? ❑ Yes or ® No ✓ If Yes, has the required NPDES permit been obtained to authorize the discharge of reclaimed water? ❑ Yes or ❑ No ➢ Provide the NPDES permit number ; or the date when NPDES application was submitted: 4. Are subsurface drains present beneath or around the impoundment to control groundwater elevation? ❑ Yes or ® No 5. Is the impoundment designed to receive surface runoff? ® Yes or ❑ No If yes, what is the drainage area? 80,000 ft2 6. Is a liner provided with a hydraulic conductivity no greater than 1 X 10 -6 cm/s? ® Yes or ❑ No Gunite lined pond ✓ If No, has the Applicant provided data to show that the reclaimed water source is protective of the groundwater standard for nitrates (10 mg/1)? ❑ Yes or ❑ No 7. What is the depth to bedrock from the earthen impoundment bottom elevation? >55 ft ✓ If the depth to bedrock is less than four feet, has the Applicant provided a liner with a hydraulic conductivity no greater than 1 x 10-7 cm/s? EEYes, ❑ No or ® N/A Has the Applicant provided predictive calculations or modeling demonstrating that surface water or groundwater standards will not be contravened? ❑ Yes or ❑ No ✓ If the earthen impoundment is excavated into bedrock, has the Applicant provided predictive calculations or modeling demonstrating that surface water or groundwater standards will not be contravened? ❑ Yes, ❑ No or ® N/A 8. If the earthen impoundment is lined and the mean seasonal high water table is higher than the impoundment bottom elevation, how will the liner be protected (e.g., bubbling, groundwater infiltration, etc.)? N/A 9. If applicable, provide the specification page references for the liner installation and testing requirements: N/A 10. If the earthen impoundment is located within the 100-year flood plain, has a minimum of two feet of protection (i.e., top of embankment elevation to 100-year flood plain elevation) been provided? ® Yes or ❑ No 11. Provide the requested earthen impoundment design elements and dimensions: Earthen Impoundment Design Elements Earthen Impoundment Dimensions Liner type: Gunite ❑ Clay ®Synthetic Top of embankment elevation: 79 ft ® Other I ❑ Unlined Liner hydraulic conductivity: gunite <<IXlOE-6 cm/s Freeboard elevation: 77 ft Hazard class: Not Applicable Toe of slope elevation: 79 ft Designed freeboard: 2 ft Impoundment bottom elevation: 70 ft Total volume: 604,570 ft3 4,522,791 gallons Mean seasonal high water table depth: 76 ft Effective volume: 450,505 ft3 3,370,226 gallons Embankment slope: 2.5 : 1 Effective storage time: 1.87 days Top of dam water surface area: 80,000 ft2 Plan Sheet Reference: Appendix E Freeboard elevation water surface area: 74,100 ft2 Specification Section: Appendix E Bottom of impoundment surface area: 55,025 ft2 FORM: RWCU 06-16 Page 3 of 7 FORM: RWCU 06-16 Page 4 of 7 VI. DESIGN INFORMATION FOR CONJUNCTIVE USE IRRIGATION SYSTEMS 1. Will reclaimed water be used for irrigation? ❑ Yes or ® No ✓ If no, then skip this Section. 2. The irrigation system is: ❑ existing ❑ proposed 3. The irrigation system is: Select 4. Does the irrigation area contain any subsurface drainage structures? 0 Yes or ❑ No ✓ If yes, where does the drainage system discharge? Underground piping to power plant 5. Provide the equipment information below for spray and/or drip systems: Spray Utilization Design Element Plan Sheet Number Specification Page Number Wetted area of nozzles 80,000 ft2 App E 6 Nozzle capacity 1250 gpm App C 8 Nozzle manufacturer / model Veolia / App D I Drip Utilization Design Element Plan Sheet Number Specification Page Number Wetted area of emitters ft2 Emitter capacity gpm Emitter manufacturer / model / 6. If applicable, provide the location of each design element in the specifications and engineering plans for irrigation dosing systems: Utilization Pump Tank Plan Sheet Number Specification Page Number Internal dimensions (L x W x H or (p x H) ft ft ft Total volume ft3 gallons Dosing volume ft3 gallons Audible & visual alarms Equipment to prevent utilization during rain events FORM: RWCU 06-16 Page 5 of 7 VI. DESIGN INFORMATION FOR CONJUNCTIVE USE IRRIGATION SYSTEMS (Continued) 7. Provide the following information for each irrigation site: Site ID Latitude a Longitude a Area (ft) Recommended Precipiation Rate b (in/hr) Design Precipitation Rate b(in/hr) Crop Type Waterbody Stream Index No. Classification O / II O I If O / II O I If O / II O I If O / II O I If O / If O I If O 1 II O I 11 O 1 /I 1 1 11 O / If I 11 O I „ O 1 II a• Level of accuracy? Select Method of measurement? Select Datum? Select b. For seasonal loading rates, list appropriate months. Instructions for determining the waterbody stream index number and its associated classification can be found at the following web address: https://ncdenr.s3.amazonaws.com/s3fs-public/Water%2OQuality/Aquifer°/o2OProtection/LAU/Agreements/W SCA%2008-13.pdf VII. INFORMATION FOR OTHER CONJUNCTIVE UTILIZATION AREAS (other than irrigation) 1. Will reclaimed water be utilized for purposes other than irrigation? ® Yes or ❑ No If No, skip this Section. 2. Provide the following information for all other reclaimed water utilization sites (non -irrigation): (Four corners of the pond identified below) Site ID Latitude a Longitude a Allowable Use Waterbody/Stream Index No. n Classification n 001 35041'07" -77053'48" Evap Pond Hominy Swamp 4b 002 35041'10" -77053'49" Evap Pond Hominy Swamp 4b 003 35041'10" -77053'48" Evap Pond Hominy Swamp 4b 004 35041'07" -77053'47" Evap Pond Hominy Swamp 4b O I 11 O I 1l O „ O I „ O 1 11 1 II a. Level of accuracy? Select Method of measurement? Select Datum? Select b. Instructions for determining the waterbody stream index number and its associated classification can be found at the following web address: https://ncdenr. s3. amazonaws. com/s3 fs-public/Water%200ualitAquifer%2OProtection/LAU/Agreements/W SCA%2008-13.pdf FORM: RWCU 06-16 Page 6 of 7 VIII. IRRIGATION OF FOOD CHAIN CROPS 1. Will the system be used to irrigate food chain crops? ❑ Yes or ® No 2. If Yes, please complete the flowchart below by checking the appropriate yes/no responses. If No, skip this Section. Will the portion of the crop intended for human consumption be peeled, skinned, cooked, or thermally processed prior to human consumption? Yes Type 1 reclaimed water is allowed pursuant to (15A NCAC 02U .0301(b)), for direct or indirect contact irrigation. No Will the irrigation activity result in the direct contact of reclaimed water on the portion of the crop intended for human consumption (direct contact irrigation)? Yes This activity is not allowed without further study pursuant to 15A NCAC 02U .1401(a)(5). No Type 2 reclaimed water is allowed pursuant to 15A NCAC 02U .0301(a), for indirect contact irrigation. 3. For food crop irrigation sites not owned by the reclaimed water supplier, has a Landowner Agreement been included in the application package as outlined in Instruction I? ❑ Yes or ❑ No or ❑ N/A 4. What type of notification will be provided at the irrigation site(s) to inform the public about the use of reclaimed water in accordance with 15A NCAC 02U .1401? FORM: RWCU 06-16 Page 7 of 7 Professional Engineer's Certification: Kimberly Melvin attest that this application for Carolina Poultry Power RG2 has been reviewed by me and is accurate, complete and consistent with the information supplied in the engineering plans, calculations, and all other supporting documentation to the best of my knowledge. I further attest that to the best of my knowledge the proposed design has been prepared in accordance with this application package and its instructions as well as all applicable regulations and statutes. Although other professionals may have developed certain portions of this submittal package, inclusion of these materials under my signature and seal signifies that I have reviewed this material and have judged it to be consistent with the proposed design. Note: In accordance with NC General Statutes 143-215.6A and 143-215.6B, any person who knowingly makes any false statement, representation, or certification in any application package shall be guilty of a Class 2 misdemeanor, which may include a fine not to exceed $10,000 as well as civil penalties up to $25,000 per violation. North Carolina Professional Engineer's seal, signature, and date: ``\XtiIIII111, � GA A i 0 Applicant's Certification (signing authority must be in compliance with ISA NCAC 021' .010f): Rich Demina , CEO (signing authority name — PLEASE PRINT) (title) attest that this application for Carolina Poultry Power RG2 (facility name) has been reviewed by me and is accurate and complete to the best of my knowledge. I understand that any discharge of wastewater from this non -discharge system to surface waters or the land will result in an immediate enforcement action that may include civil penalties_ injunctive relief, and/or criminal prosecution. I will make no claim against the Division of Water Resources should a condition of this permit be violated. I also understand that if all required parts of this application package are not completed and that if all required supporting information and attachments are not included, this application package will be returned to me as incomplete. I further ccrtify that the applicant or any affiliate has not been convicted of an environmental crime, has not abandoned a wastewater facility without proper closure, does not have an outstanding civil penalty where all appeals have been exhausted or abandoned, are compliant with any active compliance schedule, and do not have any overdue annual fees under Rule 15A NCAC 02T .0105. Note: In accordance with NC General Statutes 143-215.6A and 143-215.6B, any person who knowingly makes any false statement, representation, or certification in any application package shall be guilty of a Class 2 misdemeanor, which may include a fine not to exceed $10,000 as well as civil penalties up to $25,000 per violation. WIJ2023 Signature: (J,-- c' Date: FORM: RWCU 06-16 Page 8 of 7 Appendix B Property Ownership Documentation Carolina Poultry Power - Wilson March 2023 FIRST AMENDMENT TO LEASE THIS FIRST AMENDMENT TO LEASE (this "First Amendment") is made and entered into this 13th day of September , 20 22 (the "Effective Date") by and between STOCKPORT LIMITED PARTNERSHIP ("Landlord"); and CAROLINA POULTRY POWER RG2, LLC ("Tenant"). WITNESSETH: WHEREAS, Landlord, as landlord, and Tenant, as tenant, entered into that certain Lease Agreement, dated June 24, 2021, a copy of which is attached hereto as Exhibit A (the "Lease"); and WHEREAS, Landlord and Tenant desire to modify and amend certain provisions of the Lease as described herein. NOW, THEREFORE, for and in consideration of the mutual covenants and promises as hereinafter expressed, and other good and valuable considerations, the receipt and sufficiency of which are hereby acknowledged, the parties promise, covenant and agree as follows: 1. Recitals; Capitalized Terms. All of the foregoing recitals are true and correct. Capitalized terms not defined herein shall have the meaning set forth in the Lease. 2. Exhibits. The parties hereby acknowledge and agree that Exhibit A- 1 of the Lease is hereby replaced in its entirety with Exhibit A-1 to this First Amendment. The parties hereby acknowledge and agree that the depiction of the "Lease Land" and "Access / Utility" included as Exhibit A-2 to the Lease is hereby replaced with the descriptions of the "Lease Land" and "Access / Utility" attached as Exhibit A-2 to this First Amendment. The parties agree that the depictions of "License Area" and "Reserved Rights" included in Exhibit A-2 to the Lease are correct and accurate, and the parties hereby ratify the same. 3. Termination Rights. The parties acknowledge and agree the City of Wilson has a repurchase option benefitting the City of Wilson contained in the deed whereby the City of Wilson conveyed fee title to the Property to Landlord, and in the event the City of Wilson closes on the purchase of the Property in accordance with such repurchase option, the Lease shall concurrently terminate and shall no longer be of force or effect. 4. Ratification; Counterparts. Except as specifically and expressly amended in accordance with this First Amendment, the Lease shall remain in full force and effect and is hereby ratified by the parties. This First Amendment may be executed in two counterparts, each of which will be deemed an original copy of the First Amendment and both of which, when taken together, will be deemed to constitute one and the same instrument. -Signatures are on the following page. - This First Amendment is executed by the parties as of the Effective Date. Landlord: STOCKPORT LIMITED PARTNERSHIP by its general partner, EfW GP LLC By: Richard Deming, Manager Tenant: CAROLINA POULTRY POWER RG2, LLC By: _,,/2" Richard Deming, Chief Executive Officer Exhibit A [see Lease attached] LEASE AGREEMENT THIS LEASE AGREEMENT (this "Lease") is made and entered into this 241" day of June, 2021 (the "Effective Date"), by and between Stockport Limited Partnership ("Lessor"), a North Carolina limited partnership, and Carolina Poultry Power RG2, LLC ("Lessee"), a North Carolina limited liability company. Each of Lessee and Lessor may be referred to herein individually as a "Party" or collectively as the "Parties." RECITALS WHEREAS, Max Power Associates, LLC, as buyer, entered into a purchase and development agreement with the City of Wilson, as seller, dated May 25, 2021 (the "Purchase Agreement") with respect to, among other things, the purchase and sale of the Property (as hereinafter defined). AND WHERAS, Max Power Associates, LLC assigned its rights and obligations under the Purchase Agreement to the Lessor via an assignment agreement between the parties dated June 24, 2021. AND WHERAS, subject to the Lessor becoming the beneficial owner of the Property pursuant to the consummation of the transaction contemplated under the Purchase Agreement, the Lessor wishes to lease to the Lessee, and the Lessee wishes to lease from the Lessor, a portion of the Property noted herein as the Lease Land (as hereinafter defined), subject to the terms and conditions contained herein. AND WHEREAS, the Lessee wishes to utilize the Premises (as hereinafter defined) for the Intended Use (as hereinafter defined), including for the purpose of constructing and operating thereon a poultry -waster biomass power plant, along with any and all ancillary activities (collectively known as the "RG2 Project'). NOW THEREFORE, in consideration of the mutual promises and covenants set forth herein and other good and valuable consideration, the receipt and sufficiency of which are expressly acknowledged by the Parties, the Parties hereto agree as follows: PREMISES AND INTENDED USE. A. Premises. Pursuant to the terms and conditions of the Purchase Agreement the Lessor has a right to purchase and own that certain real property more particularly described on Exhibit A-1 attached hereto and incorporated herein (the "Property"). Subject to the legal closing of the Property under the Purchase Agreement whereby the Lessor becomes the beneficial owner of the Property and further pursuant to the terms hereof, and subject to the terms and conditions of this Lease, Lessor hereby leases to Lessee, and Lessee hereby leases from Lessor, the portion of the Property described or depicted as "Lease Land" on Exhibit A-2 attached hereto and incorporated herein (the "Lease Land"). In addition to the Lease Land, Lessor hereby grants to Lessee for the Term, subject to the legal closing of the Property under the Purchase Agreement Confidential 1 whereby the Lessor becomes the beneficial owner of the Property and further pursuant to the terms hereof: (i) the non-exclusive right to use all of Lessor's easement rights, access rights and rights appurtenant to the Property and on the lands directly adjacent to the Property operating as the City of Wilson wastewater treatment plant, where reasonably necessary for Lessee's conduct of the Intended Use (as hereinafter defined) on the Premises (as hereinafter defined); (ii) the non-exclusive right to use all of Lessor's rights to cross the railroad in the location depicted as "License Area" on Exhibit A-2; (iii) the right to use the portion of the Property depicted as "Access/Utility" on Exhibit A-2 for vehicular and pedestrian access for Lessee's Intended Use (as hereinafter defined), and (iv) the right to use the portion of the Property (over, under, and across) depicted as "Access/Utility" on Exhibit A-2 for utility installations for Lessee's Intended Use (collectively, the "Easements" and together with the Lease Land, collectively, the "Premises"). Lessor may arrange, rearrange, or relocate the Easements on the Property without the prior written permission of Lessee so long as such rights of Lessee are not materially impaired. Notwithstanding any terms to the contrary contained in this Lease, Lessor, for itself and its lessees, invitees, agents, employees, contractors, and assignees, reserves the right to use the portion of the Premises depicted as "Reserved Rights" on Exhibit A-2 for vehicular and pedestrian access (including the right to pave and maintain a driveway), and for utility installations, use, maintenance, and replacements. B. Possession of the Premises. Upon the closing the transaction contemplated by the Purchase Agreement and the Lessor becoming the beneficial owner of the Property, the Lessor shall provide notice of such occurrence to the Lessee, and the Lessee shall take possession of the Premises within two (2) days of such notice (the "Possession Date"). C. Intended Use. Lessee intends to use the Lease Land for the purpose of (i) operating a poultry -litter biomass power plant generating both electricity and thermal energy, along with any and all ancillary activities; (ii) storing, conveying, and processing energy plant feedstock derived from poultry litter, agricultural residues, and other related materials, whether individually or in some combination thereof, and (iii) to install equipment (collectively, the "Equipment") including but not limited to, controls, switches, connections, conduit, wires, structures, housings, buildings and other associated personal property, fixtures and equipment related to the intended uses noted in subsections C.(i) and C.(ii) directly above and/or the RG2 Project (subsections C.(i), C(ii) and C(iii) of this paragraph hereinafter collectively referred to as the "Intended Use"). D. Access to the Premises. Lessee shall have access to the Premises twenty- four (24) hours a day, seven (7) days a week. i► DCU A. Duration of Term. The term shall commence on the Effective Date and end on the last day of the twentieth (20th) year after the commencement of the Commercial Operation Date of the RG2 Project (the "Term"). For the purposes of this Agreement the term "Commercial Operation Date" shall mean the day on which the Confidential 2 RG2 Project, following its satisfactory start-up, testing and commissioning as approved by RG2, commences full commercial operations, which shall formally be the date specified as such as mutually agreed to by the Lessee and the Lessor, each acting reasonably. Notwithstanding the foregoing, in the event the Commercial Operation Date does not occur before the end of the last day of the fourth (41h) anniversary of the Effective Date, then this Lease shall immediately terminate, be of no further force or effect, and neither Party shall have any further obligation to the other under this Lease. RENT. A. Lessee, in consideration of the covenants made by Lessor, covenants and agrees to pay to Lessor rent for the Premises during the Term as follows and subject to Section 3B of this Lease: (i) from the Possession Date to the Commercial Operation Date, the sum of Four Thousand ($4,000) per month; (ii) from the Commercial Operation Date until the fifth (51h) anniversary of the Commercial Operation Date (the "First Increase Date"), the sum of Eight Thousand Dollars ($8,000) per month; (iii) from the First Increase Date until the tenth (loth) anniversary of the Commercial Operation Date (the "Second Increase Date"), the sum of Twelve Thousand Dollars ($12,000) per month; (iv) from the Second Increase Date and for the remainder of the Term the sum of Fifteen Thousand Dollars ($15,000) per month (collectively, hereinafter known as the "Rent"). Each payment of Rent shall be paid in advance on the 1st day of each month applicable for the next following month, and Lessee agrees to provide post-dated cheques to Lessor on an annual basis or as otherwise reasonably requested by the Lessor. If applicable, any calculation of Rent for a partial month shall be prorated on a daily basis. B. Notwithstanding any other provision in this Lease, beginning on the first twelve (12) month anniversary of the Possession Date and on each succeeding anniversary date thereafter for the duration of the Term, the then applicable Rent amount as noted in Section 3A of this Lease shall escalate and increase by a minimum of four percent (4%) per annum, calculated on a yearly basis relative to the Rent paid in the immediately preceding twelve (12) month period. 4. USE OF PREMISES. A. Intended Use. Lessee shall use the Premises for the Intended Use and any other related lawful use, and may, as Lessee's sole cost and expense, from time to time during the Term, erect, maintain, improve, repair and replace on the Premises such buildings, structures and other improvements as in Lessee's opinion may be necessary or desirable for the uses and purposes hereinbefore stated including the Equipment and reasonable signage associated therewith. B. Compliance with Laws. Lessee shall comply with all applicable laws, ordinances and recorded private agreements (collectively, "Laws") pertaining to the Equipment or the Intended Use, at Lessee's sole expense. Lessor shall comply with all Laws otherwise applicable to the Property at Lessor's sole expense. Confidential 3 5. UTILITIES. Lessee shall pay all charges imposed for water, sewerage, electric current, gas and any and all other utilities charged against the Premises during Lessee's occupancy thereof. 6. PERSONAL PROPERTY TAXES. Lessee shall pay any and all taxes, lawfully assessed and payable at any time during the Term, upon or against the Equipment. 7. REAL ESTATE TAXES. Lessee shall promptly, and in all events at least thirty (30) days before delinquency, pay any and all real estate taxes assessed against the Property, the Premises, and any improvements thereon, including the Equipment. 8. MAINTENANCE. Subject to the provisions of this Lease dealing with damage, destruction, and condemnation, Lessee shall, at Lessee's sole cost and expense, keep the Equipment and Premises in reasonably safe condition in accord with Law, excluding any damage arising out of Lessor's activities, which shall be Lessor's responsibility. Lessee shall, at its sole cost and expense, install, upkeep and maintain all access roads on the Premises in good condition and repair throughout the Term. 9. ALTERATIONS / SURRENDER. Lessee, at its sole cost and expense, may make, from time to time and at its sole cost and expense, alterations, removals, demolition, or additions, structural or otherwise, to the Premises or the Equipment or any parts thereof as may, in Lessee's reasonable discretion, be beneficial for the conduct, improvement or expansion of the Intended Use conducted upon the Premises. Lessee shall, on or before the last day of the Term hereof, or upon the sooner termination hereof, peaceably and quietly leave, surrender, and yield to Lessor the Premises, together with all alterations, additions, improvements, and Equipment in good order, condition and repair, ordinary wear and tear, damage by casualty and taking by condemnation excepted. Notwithstanding the foregoing, in the event Lessor requests Lessee to remove any of the alterations, additions, improvements, or Equipment, Lessee shall remove the same promptly at Lessee's sole cost. 10. INSURANCE. A. Lessee's Liability Insurance. Lessee, at its own cost and expense, agrees to secure and keep in force throughout the Term commercial general liability insurance in the minimum amount of One Million Dollars ($1,000,000) per occurrence and an umbrella liability insurance policy with a limit of not less than Two Million Dollars ($2,000,000) per occurrence for claims arising out of the activities of Lessee at the Premises, naming Lessor as an additional insured. Lessee shall have the right to carry this insurance under "blanket policies" covering the Premises and other locations it owns or leases. B. Lessor's Liability Insurance. Lessor, at its own cost and expense, agrees to secure and keep in force throughout the Term commercial general liability insurance in the amount of One Million Dollars ($1,000,000) per occurrence with an umbrella liability insurance policy with a limit of not less than Two Million Dollars ($2,000,000) per Confidential 4 occurrence for claims arising out of the activities of Lessor at the Property, naming Lessee as an additional insured. Lessor shall have the right to carry this insurance under "blanket policies" covering the Property and other locations it owns or leases. C. Lessee's Hazard Insurance. Lessee, at its own cost and expense, agrees to secure and keep in force throughout the Term hazard insurance in an amount adequate to cover the full replacement cost of all of Lessee's improvements on the Premises, and naming Lessor as an additional insured. 11. DEFAULT. A. Acts of Default by Lessee. Lessee shall be in default of this Lease upon the occurrence of the following events and the failure of Lessee to cure such default within any applicable grace period: i. The failure of Lessee to make any payment required to be made by Lessee hereunder, whether Rent or otherwise and whether to Lessor or to a third party, when due, where such failure continues for a period of twenty (20) following receipt by Lessee of written notice from Lessor that such payment is past due. ii. The failure of Lessee to comply with any other material term, covenant, condition or provision of this Lease required to be performed by Lessee hereunder, where such failure continues for a period of twenty (20) days after receipt by Lessee of written notice from Lessor of such failure; provided, however, that if the nature of Lessee's failure is such that more than twenty (20) days are reasonably required for its cure, then such cure period shall be extended as reasonably necessary to effect such cure; provided, that Lessee timely commences and diligently prosecutes such cure to completion. B. Acts of Default by Lessor. Lessor shall be in default of this Lease if Lessor shall, at any time, breach or fail to completely observe or perform any of the covenants and agreements required to be performed and observed by Lessor hereunder, and such failure continues for a period of sixty (60) days after notice thereof is given by Lessee to Lessor. C. Remedies upon a Breach by Lessee. Subject to the terms of Section 20 below, upon any default of this Lease by Lessee, Lessor shall have the right to terminate Lessee's right to possession of the Premises by any lawful means, in which case this Lease shall terminate and Lessee shall immediately surrender possession to Lessor. Further, in such event, Lessor shall be entitled to recover from Lessee: (i) the unpaid Rent which had been earned at the time of termination though the date of termination and (ii) the cost of necessary renovation and alteration of the Premises to remove the Equipment, if Lessor desires such removal. Confidential 5 D. Lessee's Remedies for a Default by Lessor. Upon any default of this Lease by Lessor, Lessee shall have all rights and remedies available to it by law or in equity, including, without limitation, the right, but not the obligation, to terminate this Lease without waiving its rights to damages for Lessor's default. E. Duty to Mitigate Damages. Notwithstanding any of the terms and provisions herein contained to the contrary, Lessor and Lessee shall each have the duty and obligation to mitigate, in every commercially reasonable manner, any and all damages that may or shall be caused or suffered by virtue of the other's defaults under, or violation of, any of the terms and provisions of this Lease. Nothing in this Section 11 shall be construed as altering the burden of proof concerning the calculation of either Party's liability to the other for a default under this Lease, from that which is specified under North Carolina Law. Neither Lessor nor Lessee shall be subject to indirect, incidental, lost profits, consequential or punitive damages with respect to this Lease. 12. ASSIGNMENT. Lessee shall be permitted to assign this Lease, with the prior written consent of Lessor, to a parent, subsidiary or affiliated corporation, partnership or other affiliated business entity (which shall be an entity which, directly or indirectly, controls or is controlled by Lessee or Lessee's parent company or which is under common control with Lessee, Lessee's parent or any other affiliate of Lessee) or to a purchaser of all or substantially all of the assets of Lessee. Lessor shall be permitted to sell the Property to a third party ("Purchaser") and, in connection therewith, assign this Lease to Purchaser upon notice to Lessee provided that such Purchaser shall agree, pursuant to a written assignment and assumption agreement, to be bound by the terms of this Lease. 13. TITLE; OUIET ENJOYMENT. A. Purchase Agreement Closing. Notwithstanding any terms or conditions to the contrary contained in this Lease, all rights, obligations and privileges conveyed herein are explicitly subject to the Lessor becoming the beneficial owner of the Property pursuant to the transaction contemplated under the Purchase Agreement, and if in the event such Purchase Agreement is terminated and/or the Lessor does not gain beneficial ownership of the Property, then this Lease Agreement shall immediately terminate, be null and void and neither Party hereto shall have any obligation or liability to the other. B. Title of Lessor. Lessor covenants and warrants that prior to the Possession Date the Lessor shall be lawfully seized of the Property in fee simple and have good title thereto free and clear of all tenancies, liens and encumbrances, except zoning ordinances affecting the Property, (b) all matters of record, (c) all matters of survey, including any encroachments, easements and rights of way on the ground, (d) all building and other laws, rules and regulations affecting the Property, and (e) ad valorem taxes for the current year. C. Quiet Enjoyment. Lessee shall have and enjoy under this Lease the quiet enjoyment, including maximal economic benefit from the conduct of the Intended Use or any other permitted use, and undisturbed possession of the Premises throughout the Term Confidential 6 without any undue interference or restriction by Lessor or any other person, whether such interference or restriction is the result of activities, events or circumstances arising on the Premises or elsewhere and subject to Lessor's ownership, possession, or control. 14. INDEMNITY. Commencing on the Possession Date, Lessee agrees that it will indemnify and save Lessor harmless from any and all liability, damage, expense, cause of action, suits, claims or judgments (collectively, "Claims") resulting from injury to person or property happening on the Premises, including, but not limited to, any Claims associated with the railroad crossing depicted as License Area on Exhibit A-2. Lessor agrees that in the event any Claim is asserted, Lessor shall give immediate notice thereof in writing to Lessee and shall cooperate in every way in the investigation and defense of any such Claim, and that the handling and settlement of any such Claim shall be performed and concluded by Lessee. Lessee shall have the sole and exclusive right to retain counsel of its choice and to direct all associated litigation. 15. ENVIRONMENTAL COMPLIANCE. A. Definitions. The following terms, whenever set forth in initial capitals in this Lease, shall have the meaning set forth in this Article, unless otherwise expressly provided in this Lease: "Environmental Law" means any applicable federal, state or local statute, law, ordinance, rule, regulation, code, license, permit, authorization, approval, consent, order, judgment, decree, injunction, directive, requirement by, of, or agreement with any governmental agency, existing as of the date this Lease is fully executed and as amended thereafter, relating to: (a) the protection, preservation or restoration of the environment (including, without limitation, air, water, vapor, surface water, ground water, drinking water supply, surface land, subsurface land, plant and animal life, or any other natural resource), or to human health and safety; (b) the exposure to, or the use, storage, recycling, treatment, generation, transportation, processing, handling, labeling, production, release or disposal of, Hazardous Substances; (c) any common law or equitable doctrine (including, without limitation, injunctive relief and tort doctrines such as negligence, nuisance, trespass and strict liability) that may impose liability or obligations for injuries or damages related or incidental to, or threatened as a result of, the presence of or exposure to any Hazardous Substance. "Hazardous Substance" means any substance, whether liquid, solid, or gas, that is listed, defined, designated, or classified as toxic, hazardous, radioactive, or dangerous under any Environmental Law, whether by type or by quantity. "Release" means any release, spill, emission, leaking, pumping, pouring, emptying, escaping, dumping, injection, deposit, disposal, discharge, dispersal, leaching or migration into the environment or into, onto, beneath or from the Premises, including, Confidential 7 without limitation, the movement of Hazardous Substances through or in the air, soil, surface water, ground water of the Premises. B. Lessee Compliance. Commencing on the Possession Date, Lessee, at Lessee's expense, shall comply with all Environmental Laws pertaining to Lessee's operations in the Premises. Lessee shall indemnify, defend, protect and hold Lessor harmless from and against any and all liability, obligations, penalties, clean-up costs, fines, claims, civil penalties and actions, suits, and expenses (including, without limitation, reasonable legal fees) (each, an "Environmental Claim") imposed on, incurred by, or reserved against Lessor directly arising out of the existence or presence of Hazardous Substances on, under or from the Premises, from and after the Effective Date, in violation of any applicable Environmental Law resulting from Lessee's activities on the Premises. C. Lessee Indemnity. In addition to Lessee's obligations set forth above, Lessee hereby indemnifies and holds Lessor, its directors, officers, employees and agents harmless from and against (i) any and all Claims, imposed on, incurred by, or reserved against Lessor in any way relating to or arising out of the existence or presence of any Hazardous Substance on, under, or from the Premises solely as a result of the acts of Lessee, its contractors or employees; and (ii) any and all Claims in any way related to or arising out of the removal, treatment, storage, disposal, disposition, mitigation, cleanup or remedying of the Hazardous Substances on the Premises solely as a result of the acts of Lessee, its contractors or employees. This indemnification shall include, without limitation, Claims arising out of any violations of applicable Environmental Laws, regardless of any actual or alleged fault, negligence, willful misconduct, gross negligence, breach of warranty or strict liability on the part of Lessee. Without limitation, this indemnification shall also include any and all Claims incurred due to any investigation or remediation of the Premises mandated by Environmental Laws or any governmental agency solely as a result of the acts of Lessee, its contractors or employees. The foregoing indemnity shall survive the expiration or termination of this Lease and/or any transfer of all or any portion of the Premises, and/or any transfer of all or any portion of any interest in this Lease and shall be governed by the laws of the State of North Carolina. 16. LANDLORD'S WARRANTIES AND COVENANTS. A. In addition to Lessor's representations and warranties set forth elsewhere in this Lease, and not in any limitation thereof, Lessor hereby represents and warrants to Lessee that: i. This Lease constitutes the legal, valid and binding obligation of Lessor, enforceable against Lessor in accordance with its terms. ii. As of the Possession Date there shall be no outstanding written or oral leases, purchase or sale agreements or other agreements or restrictions encumbering, or in any way affecting the Property or Premises, and no person or Confidential 8 entity has any right with respect to the Property or Premises, whether by option purchase, contract or otherwise, that would prevent or interfere with any of Lessee's rights under this Lease. iii. The execution of this Lease will not constitute a violation of nor be in conflict with nor constitute a default under any term or provision of any agreement or instrument to which Lessor is a party or by which the Property or Premises or any part thereof is bound. 17. MEMORANDUM OF LEASE. The parties agree not to record this Lease. Simultaneous with the execution hereof, Lessor and Lessee shall execute a memorandum of lease in recordable form, substantially in the form of Exhibit B attached hereto and made a part hereof. Lessee shall be responsible for the cost of recording the memorandum of lease. 18. BROKERAGE FEES. Lessor and Lessee each represent that neither has worked with a broker or owes a commission with respect to this Lease. Lessor and Lessee agree to indemnify, defend and hold harmless the other Party from any claim by for a commission or fee in connection with this Lease based on any agreement existing, or alleged to be existing, between such claimant and Lessor or Lessee. 19. ESTOPPEL CERTIFICATE. Either Party agrees within fifteen (15) days after written request, to be given no more frequently than once per calendar year, to execute and deliver to the requesting Party a statement, certifying to its actual knowledge (a) whether or not this Lease is in full force and effect, (b) the date of commencement and termination of the Lease term, (c) the date to which rental and all other charges hereunder are paid currently without any offset or defense thereto (or stating any such offset or defense), (d) the amount of rental and all other charges hereunder, if any, paid in advance, (e) whether or not this Lease has been modified and, if so, identifying the modifications, (f) that there are no uncured defaults by the other Party or describing the claimed defaults and (g) such other matters as the requesting Party shall reasonably request. Nothing in any such estoppel statement shall be deemed to modify or amend this Lease. 20. LEASEHOLD MORTGAGEE PROVISIONS. Lessee shall have the right during the term of this Lease to subject its leasehold interest in the Premises and all of Lessee's Equipment and other improvements located thereon (collectively, the "Improvements") to a mortgage or deed of trust (the "Mortgage" and the holder thereof being the "Tenant Mortgagee" or "Mortgagee"), together with any one or more extensions, modifications or renewals or replacements thereof without Lessor's prior written consent; provided, however, that the fee simple ownership interest of Lessor to the Property shall be prior, superior and paramount to the lien of any Mortgage which may now or hereafter affect the leasehold interest of Lessee in and to the Premises and Improvements, or any part thereof. Lessor agrees to provide Mortgagee with a non -disturbance agreement in a commercially reasonable form. With respect to any Mortgage on the leasehold interest hereunder, the following terms and conditions shall apply: A. Lessor will give to the Mortgagee a copy of any notice or other communication from Lessor to Lessee hereunder, at the time of giving such notice or Confidential 9 communication to Lessee, and notice of any rejection of this Lease by any trustee in bankruptcy of Lessee. Lessor will not exercise any right, power or remedy with respect to any default hereunder, and no notice to Lessee of any such default and no termination of this Lease in connection therewith shall be effective, unless Lessor shall have given to the Mortgagee written notice, or a copy of its notice to Lessee, of such default or any such termination, as the case may be. B. Lessor will not exercise any right, power or remedy with respect to any default hereunder until the expiration of any grace period provided herein with respect thereto, plus an additional period of sixty (60) days after Lessor has given to the Mortgagee written notice of such default, or a copy of its notice to Lessee of such default. Lessor will not exercise any right, power or remedy with respect to any default hereunder if. the Mortgagee within such sixty (60) day period shall give to Lessor written notice that either (i) such default is not susceptible of being corrected and is therefore subject to the provisions of subparagraph 20(D) hereof or (ii) the Mortgagee intends to undertake the correction of such default or cause the same to be corrected; and, the Mortgagee shall thereafter, in the case of any default referred to in the preceding clause (ii) of this subparagraph 20(B), prosecute diligently the correction of such default, whether by exercise on behalf of Lessee of its obligations hereunder, entry on the Premises or the Improvements, institution of foreclosure sale proceedings, or otherwise. C. Mortgagee may, after a default hereunder, make any payment or perform any act required hereunder to be made or performed by Lessee with the same effect as if made or performed by Lessee, provided that no entry by Mortgagee upon the Premises or the Improvements for such purpose shall constitute or be deemed to be an eviction of Lessee and shall not waive or release Lessee from any obligation or default hereunder (except any obligation or default which shall have been fully performed or corrected by such payment or performance by the Mortgagee). D. So long as the Mortgage shall be a lien upon Lessee's interest hereunder, Lessor shall not declare the Lease forfeited, or re-enter, take possession of or relet the Premises, or similarly enforce performance hereof in a mode provided by law, or terminate the Lease or take any action which would lead to the termination hereof, and this Lease shall not terminate, by reason of any condition or event which is not susceptible of being corrected or eliminated by the Mortgagee. If any such condition or event shall have occurred and be continuing, Lessor may, by notice to the Mortgagee and Lessee, require Lessee to assign its interest hereunder to the Mortgagee or its nominee. The happening of any such condition or event (including, without limitation, any rejection of this Lease by Lessee, or Lessee's trustee in bankruptcy, reorganization, arrangement or similar proceeding) which would, if it were not for this section, cause this Lease to terminate, shall, without any action or consent by Lessor, Lessee or the Mortgagee, effect the transfer of Lessee's interest hereunder to the Mortgagee or its nominee. The Mortgagee may terminate this Lease upon any such transfer upon giving notice thereof to Lessor no later than thirty (30) days after notice from Lessor of such transfer. Upon any such termination, the Mortgagee shall have no further rights or Confidential 10 obligations as a transferee of Lessee with respect to the Premises or the Improvements (including, without limitation, any rights or obligations which may have accrued prior to such termination). E. In case (a) Lessee's interest hereunder shall be sold, assigned or otherwise transferred pursuant to the exercise of any right, power or remedy of the Mortgagee under the Mortgage, or pursuant to judicial proceedings, or pursuant to subparagraph 20(D), (b) no rent, or other sums payable hereunder shall then be due and payable, except as may become due and payable as the result of the new lease referred to below, (c) the Mortgagee shall have arranged for the correction of any default susceptible of being corrected by the Lessee under the new lease referred to below, and (d) this Lease shall not have been terminated by reason of default pursuant to the terms hereof; Lessor, upon receipt, within thirty (30) days after the occurrence of any event referred to in clause (a) of this subparagraph 20(E), of a written request therefor, and upon payment by Mortgagee of all expenses (including, without limitation, reasonable, out-of-pocket attorneys' fees and expenses) incident thereto, will execute and deliver a new lease to the Mortgagee or its nominee, for the remainder of the term of this Lease, upon the same terms as are contained hereunder and with equal priority hereto. Upon the execution and delivery of such new lease, Lessor, at the expense of the new lessee, shall take such steps as shall be necessary to cancel and discharge this Lease of record and remove Lessee from the Premises. If the Mortgagee shall become the lessee under this Lease or a new lease as hereinabove provided for, the Mortgagee shall, notwithstanding any other provision of this Lease, have the right to transfer, sell or assign its interest in such lease without the consent of the Lessor, provided the Mortgagee is not then in default under any of its obligations under this Lease or such new lease. Upon such transfer, sale or assignment, and provided all rent and all other sums payable hereunder to the date of such transfer, sale or assignment are paid by the Mortgagee, the Mortgagee shall, notwithstanding any other provision of this Lease, be released from all further liability under this Lease or any such new lease. Upon written request therefor, and upon payment by Mortgagee of all expenses (including, without limitation, reasonable, out-of- pocket attorneys' fees and expenses) incident thereto, Lessor will execute and deliver a new lease to any such transferee or assignee for the remainder of the term of this Lease, or any such new lease given to such Mortgagee as hereinabove provided, with the same terms as are contained in this Lease and with equal priority hereto. F. In the event of a conflict between the terms of this Section 20 and any other terms of this Lease, the terms of this Section 20 shall control. 21. MECHANICS' LIENS. Lessee shall do all things necessary to prevent the filing of any mechanics' or other liens against the Premises or any part thereof by reason of work, labor, services or materials supplied or claimed to have been supplied to Lessee, or anyone holding the Premises or any part thereof, through or under Lessee. If any such lien shall at any time be filed against Lessee's interest in the Premises, Lessee shall either cause the same to be discharged of record within twenty (20) days after the date of filing of the same, or, if Lessee, in Lessee's discretion and in good faith, determines that such lien should be contested, shall furnish Confidential 11 such security as may be necessary or required to prevent any foreclosure proceedings against Lessee's interest in the Premises during the pendency of such contest. If Lessee shall fail to discharge such lien within such period or fail to furnish such security, then, in addition to any other right or remedy of Lessor resulting from Lessee's said default, Lessor may, but shall not be obligated to, discharge the same either by paying the amount claimed to be due or by procuring the discharge of such lien by giving security or in such other manner as is, or may be, prescribed by law. Nothing contained herein shall imply any consent or agreement on the part of Lessor to subject Lessor's estate to liability under any mechanics' or other lien law. 22. GENERAL PROVISIONS. A. Entire Agreement. This Lease contains the entire agreement between the parties relating to the subject matter. This Lease supersedes all prior contracts, proposals, representations and commitments, oral, written or otherwise. This Lease may only be amended by an instrument signed by the authorized representatives of both parties. If any provision of this Lease shall be declared invalid or unenforceable, the remainder of this Lease shall continue in full force and effect. B. Confidentiality. All non-public information (including the terms of this Lease) provided by either Party to the other or which is identified by the disclosing Party in writing as confidential or proprietary information shall be treated in a confidential manner and shall not be disclosed to any third party without the prior written consent of the non -disclosing Party, which consent shall not be unreasonably withheld. Notwithstanding the preceding, this Section and the restrictions herein contained shall not apply to any data or documentation which is: i. required to be disclosed pursuant to state or federal law, an order or requirements of a regulatory body or a court, after five business days notice of such intended disclosure is given by the disclosing Party to the non -disclosing Party or if five (5) business days notice is not practical, then such shorter notice as is practical; ii. disclosed by a Party to an affiliate of such Party or in connection with an assignment; or iii. is, as of the time of disclosure, public knowledge without the fault of the disclosing Party. C. Advisors. Lessor and Lessee have each had adequate opportunity to consult with independent advisors of their choice such as attorneys, accountants, tax advisors, real estate professionals and other consultants as each deems appropriate. D. Successors in Interest. The covenants, terms, conditions, provisions and undertakings in this Lease or any renewals thereof shall extend to and be binding upon the heirs, executors, administrators, successors and assigns of the respective parties hereto, as if they were in every case named and expressed, and should be construed as Confidential 12 covenants running with the land; wherever reference is made to either of the parties hereto, it shall be held to include and apply also to the heirs, executors, administrators, successors and assigns of such Party, as if in each and every case so expressed. E. Waiver. Failure of either Party to insist upon strict performance of any covenant or condition or enforce any of its rights under this Lease in any one or more instances shall not be construed as a waiver in any subsequent instance of any such covenant, condition or rights, but the same shall be and remain in full force and effect. F. Notices. Any notice provided for herein shall be deemed to have been served only when in writing and when delivered to the below address (as the same may be updated by notice hereunder), or the date on which delivery is refused, by registered or certified mail, by a nationally recognized overnight mail delivery service addressed to the Party for whom it is intended or by electronic mail. If to Lessor: Stockport Limited Partnership 33 Astley Ave. Toronto, Ontario M4W 3133 Email: bob@eastenergyrenewables.com If to Lessee: Carolina Poultry Power RG2, LLC 3697 North Main Street, Farmville, NC, 27828 Email: rich@eastenergyrenewables.com G. Captions. The captions appearing at the beginning of each of the Articles of this Lease are for reference only and are not be considered part of this Lease. H. Governing Law. This Lease shall be shall be interpreted and construed in accordance with the laws of the State of North Carolina, without regard to the conflicts of law principles thereof, as if executed and to be performed wholly within the State of North Carolina. The Parties consent to the exclusive jurisdiction of the state and federal courts located in Wilson County, North Carolina, for any such action, suit or proceeding. I. Legal Fees. In any action or proceeding hereunder, the prevailing Party shall be entitled to recover from the other the prevailing Party's reasonable costs and expenses in such action or proceeding, including, without limitation, reasonable attorneys' fees. In the event either Party is sued by a third party as a result of a violation of a covenant or warranty herein contained by the other Party hereto, then the Party who has violated the covenant or warranty shall be responsible for the reasonable costs and expenses in such action or proceeding against the non -violating Party, including, without limitation, reasonable attorneys' fees. Confidential 13 J. Third -Party Service Costs. Lessee hereby agrees to pay the costs and expenses of all third -party service engagement works pertaining to the Property that may be reasonably incurred by the Lessor, including without limitation pertaining matters related to environmental due diligence, surveying, appraisals, mortgage financings, title work and Property legal fees. K. Triple Net Lease. Landlord and Tenant acknowledge that it is their intent and agreement that this Lease be a "TRIPLE NET" lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Property, the RG2 Project, and Tenant's operation thereof. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as additional rent. L. Counterparts. This Lease may be executed in two or more counterparts, each of which together shall be deemed an original, but all of which together shall constitute one and the same instrument. In the event that any signature is delivered by facsimile transmission or by e-mail delivery of a .pdf format data file, such signature shall create a valid and binding obligation of the Party executing with the same force and effect as if such facsimile were an original thereof. M. Further Assurances. Each Party shall execute and deliver such further documents and perform such other acts as may be necessary to achieve the parties' intent in entering into this Lease. N. Remedies Cumulative. No remedy herein conferred upon or reserved to either Party shall exclude any other remedy herein or by law provided, but each shall be cumulative and in addition to every other remedy given hereunder or now or hereafter existing at law or in equity or by statute. O. Survival. Any provision(s) of this Lease that expressly or by implication comes into or remains in full force following the termination or expiration of this Lease shall survive the termination or expiration of this Lease. P. No Partnership. This Lease is not intended, and shall not be construed, to create any association, joint venture, agency relationship or partnership between the Parties or to impose any such obligation or liability upon either Party. Neither Party shall have any right, power, or authority to enter into any agreement or undertaking for, or act as or be an agent or representative of, or otherwise bind, the other Party. Q. Interpretation. In this Lease, unless a contrary intention is clearly expressed: (i) the headings herein are solely for convenience and ease of reference and shall have no effect in interpreting the meaning of any provision of this Lease; (ii) the use of all pronouns contained herein is in their generic sense and is not intended to indicate any distinction based upon sex, the masculine pronoun shall include the feminine and neuter, and the singular shall include the plural and vice versa, as the context may Confidential 14 require; (iii) where the word "or" is used in a sentence, whether it is intended to be inclusive or exclusive shall be determined based upon the context in which it is used; and (iv) the words "including" and "include" shall mean "including, but not limited to;" and (v) references to any statute, enactment, ordinance or regulation include any amendment thereto or replacement, in whole or in part, thereof. 23. CROSSING AGREEMENT. The parties acknowledge and agree that Lessor is a party to that certain Private Grade Crossing License Agreement with Carolina Coastal Railway, Inc., a copy of which is attached hereto as Exhibit C and incorporated herein by reference. Lessee covenants that all costs and obligations of Lessor under the Crossing Agreement shall be borne by and the responsibility of Lessee. [Signature Page Follows] Confidential 15 TO INDICATE THEIR AGREEMENT, the Parties have executed this Lease by their respective signatures below. LESSOR: STOCKPORT LIMITED PARTNERSHIP, by its general partner, EtW GP LLC By: _ Name: Bob ahiddi Title: Officer LESSEE: CAROLINA POULTRY POWER RG2, LLC By: 1 �r Name: Richard Deming Title: Managing Partner Confidential 16 EXHIBITS TO BE ATTACHED ND: 4829-0545-8418, v. 14 Confidential B-1 EXHIBIT A-1 LEGAL DESCRIPTION OF PROPERTY Being all of that tract described as "Portion of Tract 1" containing 10.840 acres as shown on map entitled , dated , 2021, and recorded in Plat Book at Page , Wilson County Registry, North Carolina. Confidential A-1-1 EXHIBIT A-2 i =05; M--' AM V.- CIW OF L�tr"A' WILSON WICI Lease Land ......................................... . < F=:,-C-."TY MAP z TIMOTHY EARL RHODE' 0 -C-E ONE ALU NORTH ab� cArea: -6... T11: ym 714- ItWved M,r LIWL TA&E LINE IASLE -NNE USLC LME TAOLE JNC TAKE TIMOTHY EARL M-mll -79- -4t!� -;c�- -2m. --5- wn ' -�2Ln-- W!'- 7!? STOCKPORT LIMITED PARTNE! Cl — : OF 07 BoW%lm Dmi EXHIBIT B FORM OF MEMORANDUM OF LEASE Prepared by and after recording return to: STATE OF NORTH CAROLINA COUNTY OF WILSON MEMORANDUM OF LEASE THIS MEMORANDUM OF LEASE (this "Memorandum") is made as of , 2021, by and between STOCKPORT LIMITED PARTNERSHIP ("Lessor"), and CAROLINA POULTRY POWER RG2, LLC ("Lessee"). WITNESSETH: WHEREAS, Lessor, as landlord, and Lessee, as tenant, are parties to that certain Lease Agreement, dated June 24, 2021 (the "Lease"), whereby Lessee leases from Lessor approximately acres depicted as "Lease Land" on Exhibit A attached hereto and incorporated herein by reference (the "Lease Land"), and has rights to use the land depicted as "Access / Utility" on Exhibit A for uses described in the Lease during the term; provided, however, Lessor has reserved certain rights in the land depicted as 'Reserved Rights" on Exhibit A; and WHEREAS, the parties hereto desire to memorialize the Lease and execute and record this Memorandum. NOW, THEREFORE, the parties hereto, intending to be legally bound hereby, hereby agree as follows: 1. Term. Subject to the terms of the Lease, the term of the Lease commenced on June 24, 2021, and expires on the last day of the twentieth (20th) year after the commencement of the Commercial Operation Date. Subject to the terms of this Lease, the "Commercial Operation Date" means the day on which the RG2 Project (as defined in the Lease), following its satisfactory start- up, testing and commissioning as approved by Lessee, commences full commercial operations. 2. Incorporation by Reference and Capitalized Terms. All remaining provisions set forth in the Lease are hereby incorporated into this Memorandum the same as if herein set out. All capitalized terms not defined herein shall be given the meanings assigned thereto in the Lease. 3. Conflict. In the event of any conflict between the terms of the Lease and the terms of this Memorandum, the terms of the Lease shall control and prevail. 4. Counterparts. The parties agree that this Memorandum may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. -Signatures are on the following page.- 4 IN WITNESS WHEREOF, the parties hereto have executed this Memorandum as of the day and year first above written. LESSOR: STOCKPORT LIMITED PARTNERSHIP, by its general partner, EfW GP LLC By: _ Name: Title: STATE OF NORTH CAROLINA COUNTY OF I certify that the above person personally appeared before me this day, acknowledging to me that he signed the foregoing document for the purpose(s) stated therein, in the capacity indicated therein: Date: Signature of Notary Public Notary's printed or typed name My commission expires: (Official Seal) Notary seal or stamp must appear within this box LESSEE: CAROLINA POULTRY POWER RG2, LLC By: Name: Title: STATE OF _ COUNTY OF I certify that the above person personally appeared before me this day, acknowledging to me that he signed the foregoing document for the purpose(s) stated therein, in the capacity indicated therein: Date: Signature of Notary Public Notary's printed or typed name My commission expires: (Official Seal) Notary seal or stamp must appear within this box. EXHIBIT A to Memorandum of Lease ajf p I C [ WATCH .NE .A' I � . [ : _.. T`( _ ♦e `_ ��2V !K✓� - ,KSe •�• ?,[I[UTllr EA%+•YMOE6 /! v+"�+,.•'� "`•. ( • r ..'. r r .4. ( (;` L{{ ALL WILETE HCitTF .4 �Resen ed aou,rnaa ,^*:�~tit'w.M '. �.,. ...._.......�RighL% 7owuo•n•d t:lgrr,Y GAR Vrt70F'! .a J �y� •.... y «v . AIM IAR/ � '...w' w "u'ui .N[ A9,( A[ *A31,E '. UAC TIWA a. r'`.. _.li.+e. -'.v»ri' .wa Y.+n. .•-W.t� ---"_ . .... � Iw[ T; U __- Q' THOIIn EAA1 R1gCE9 t A kmo -, ....r. •.. - ...'.. .. ' . �= . ..� `. ...d «» .. STOCKPORT LIM ED PARTNERSHIP c:rT v wnxw This map may not be a certified survey and has not been reviewed by a local government agency for compliance with any applicable land development regulations and has not been reviewed for compliance with recording requirements for plats. 7 EXHIBIT C [Private Grade Crossing License Agreement attached] PRIVATE GRADE CROSSING LICENSE AGREEMENT THIS LICENSE AGREEMENT is made and entered into this _10th_ day of _September_ 2021 (the "Effective Date") by and between CAROLINA COASTAL RAILWAY, INC., a Virginia corporation with a usual business address at 505 S Broad St Kennett Square, Pa 19348 ("CLNA" or "Railroad"), and StockportLimited Partnership, a North Carolina limited partnership with a business address at 3730 N Main St Farmville NC 27828 (the "Licensee"). Preliminary Statement Licensee and CLNA each wish to enter into a license agreement allowing Licensee to use a portion of CLNA's right of way without establishing, claiming, or possessing any estate or interest therein, for the purpose of maintaining and using a private road crossing at grade for the purpose of ingress, egress, and access to Licensee's adjacent property, as further defined and depicted as "Portion of Tract I " being 10.840 acres, more or less, on Exhibit A attached hereto and incorporated herein (the "Licensee Property"), within the License Area, defined below. NOW THEREFORE, in consideration of the promises contained herein the Parties agree as follows: GRANT OF LICENSE CLNA hereby grants unto Licensee, its successors and assigns a license (the "License"), to maintain and use the private grade crossing (the "Crossing") located in the vicinity of Railroad Mile Post 180 in the vicinity of 3100 Stantonsburg Rd SE, Wilson, Wilson County, North Carolina, as approximately depicted as "License Area" on Exhibit A, attached hereto, and incorporated herein (the "License Area") for the purpose of accessing the Licensee Property. 2. CROSSING; SIGNALS (a) Railroad, at the sole cost and expense of Licensee, shall furnish all labor and materials for and construct and maintain the portion of said Crossing between the ends of the ties of said track. Said Crossing shall be surfaced with concrete over appropriate subgrade. Signs shall be erected and permanently maintained by Licensee, "PRIVATE ROAD -- NO TRESPASSING" and "STOP", at locations adjacent to said Crossing as designated by Railroad. Railroad may require advance deposit of estimated cost and expense of any such work and materials. Should Railroad's costs and expenses exceed said deposit. Licensee shall promptly pay such excess upon receipt from Railroad of bill. Licensee, at the sole cost and expense of Licensee, shall furnish all other labor and materials required to install and maintain the approaches, do all necessary grading for the approaches, and provide and maintain suitable drainage structures as shall be required by Railroad in connection with the Crossing. Notwithstanding the forgoing, (i) Licensee's total obligation to pay for the construction of the Crossing shall not exceed four -hundred thousand dollars ($400,000); and (ii) Licensee shall not be responsible for the costs of any damage and/or maintenance required at the Crossing if such damage and/or maintenance occurs as a result of the actions of the Railroad. 621714 1 (b) Whenever repairs or changes are made to Railroad's land or track that arise as a result of the actions of the Licensee necessitating repairs to the Crossing, the parties hereto, at the sole cost and expense of Licensee, shall each furnish all labor and materials required to make such repairs to the respective portions of the Crossings to be installed and maintained by them under the terms of this Section. Not Applicable. 4. STATUS OF SUBCONTRACTORS; LICENSEE For purposes of this agreement, all references to Licensee shall include Licensee, any lessees of the Licensee Property (in whole or in part), or any subsequent purchasers/owners of the Licensee Property (in whole or in part), along with any of their contractors, subcontractors. agents, officers, employees, patrons, invitees, and others acting under its or their authority. USE Licensee shall use the License Area for the maintenance and operation of the Crossing that is the subject of this Agreement for a private, at grade, road crossing for vehicle, equipment access to, and egress from. Licensee Property only for commercial or other uses permitted by the current zoning of Licensee Property, as may be applicable from time to time. served by the Crossing. Any other use, including, but not limited to, construction access. increased use, different from that stated in the prior sentence, is unauthorized and prohibited. For clarity, use of the crossing shall be limited to Licensee, its agents, employees, servants. sublicensees and invitees. Crossing shall be used only as a private crossing for the purpose described in Section 1 hereof. Licensee shall not permit Crossing to be used for any purpose or in any manner that might in any way make said Crossing a public crossing or subject it to any public servitude. Licensee shall take all reasonable steps necessary to prohibit any unauthorized use of the Crossing or License Area. Licensee shall use. and shall cause its invitees to use, the highest degree of care in the operation and use of the said Crossing so as to avoid collisions and/or interference with operations of CLNA. In no event shall any use of the Crossing take place until the crossing is constructed. Railroad shall not be obligated to make cuts in its trains for the Crossing, but shall cooperate with the Licensee and coordinate with it as may be required so as to have the Crossing constructed in a reasonably timely and efficient manner. Railroad reserves the right to use Crossing. 6. FEES (a) Licensee shall pay to CLNA for this License, an annual license fee (the "License Fee") as may be applicable and strictly in accordance with Exhibit B attached and incorporated hereto. In the event that CLNA has failed to invoice its pricing correctly for any year, CLNA shall have the power to retroactively adjust its price for any past year to conform to that past year's proper pricing schedule. Any retroactive price increase as a result of such a correction that is not disputed by Licensee shall be paid for by Licensee together with the current year's License Fee as may be applicable. "PERM The term of this Agreement shall continue in perpetuity until it is terminated as set forth in Paragraph 8, below. 621714 1 TERMINATION (a) This License shall remain in full force and effect so long as the covenants, terms and/or conditions set forth herein are kept and performed by Licensee. If Licensee fails to keep or perform any such covenants, terms and/or conditions. CLNA shall have the right to terminate this Agreement upon written notice to Licensee of such breach, giving thirty (30) business days to cure such breach, unless such breach, in CLNA's opinion acting reasonably. constitutes an imminent safety hazard, in which case the time of cure shall be forty-eight (48) hours after receipt of notice provided pursuant to this Agreement. The curing of such breach within the said time period shall negate the said notice of termination and the failure to cure within the said period shall be conclusive termination, whereupon Licensee will, at Licensee's expense, restore, under supervision of CLNA, the License Area to its original condition, if required by CLNA. (b) In the event that CLNA determines, acting reasonably, that unauthorized use is taking place or has taken place. CLNA may terminate this Agreement and remove the said Crossing, all at the expense of Licensee, after providing advance written notice and providing Licensee with a thirty (30) business day opportunity to cure and eliminate such unauthorized use. (c) In the event Licensee fails to pay any fees under this License Agreement as they come due. Licensee shall be considered to be in default, and this License shall cease, be null and void and of no further force or effect, and the Crossing and facilities installed shall become the property of CLNA but only after written notice from CLNA of Licensee's default and the passage of a thirty (30) business day opportunity to cure such default. 9. MAINTENANCE (a) The Crossing's usual appurtenances such as approaches, roadway, curbs, gutters, shoulders, slopes, fills and cuts, shall be maintained by Licensee at the sole cost and expense of Licensee. Licensee shall be solely responsible for keeping all vegetation within the "site clearance area" as determined by CLNA's General Manager, cut to a height not to exceed two feet (2') above ground level, and keeping the so-called site clearance area free of parked vehicles and other visual obstructions. (b) In the event additional or upgraded safety grade crossing traffic control devices, i.e., gates or flashing lights, are installed within the License Area, any such safety grade crossing traffic control devices will be installed at the sole cost and expense of Licensee, but in a manner satisfactory to CLNA's General Manager. (c) Without limiting the general obligations of the parties under this Paragraph 9, CLNA shall perform maintenance on the Signals at the Crossing. Licensee shall, within thirty (30) days of CLNA's presentation of an annual bill for that maintenance, pay to CLNA a fee in accordance with the then current North Carolina Department of Transportation Index for the maintenance of the Type and/or Class of Signals at the Crossing (the "Signal Maintenance Fee"). 621714,1 (e) In addition to the Signal Maintenance Fee the Licensee shall pay to CLNA, within sixty (60) days after the presentation of a bill on an as occurred basis, all repair costs for the Crossing resulting from: 1) acts of God; and 2) repairs required beyond those damages from normal wear and tear, but for any damages that are caused by the actions or negligence of the Railroad (the "Extraordinary Repair Expense") All work subject to the Extraordinary Repair Expense required under this subparagraph (e) shall be performed in such a manner, and with such construction materials, as are reasonably satisfactory to CLNA and all reasonable incidental expenses incurred in connection therewith shall be borne by the Licensee. 10. RISK LIABILITY INDEMNITY (a) Licensee shall defend, indemnify and save and hold CLNA and its shareholders, affiliates officers, directors, agents, and employees harmless from and against any and all liability, loss, claim, suit, damage, charge, or expense which CLNA, its affiliates, officers, agents, employees or invitees may suffer, sustain, incur or in any way be subjected to. on account of death of or injury to any person, and for damage to or loss of or destruction of any property, arising out of, or resulting from, or in any way connected with, the use of the Crossing, or Licensee's negligence associated therewith. (b) Licensee assumes all responsibility for, and shall defend, indemnify and hold CLNA. its shareholders, affiliates, officers, agents, employees or invitees harmless from (a) all claims, costs and expenses, including reasonable attorneys' fees, as a consequence of any pollution of air, water, land and/or ground water on or off the License Area, arising from. or in connection with, the use of the Crossing and License Area, (b) any claim or liability arising under federal, state or local law dealing with pollution of air, water, land, and/or ground water arising therefrom or the remedy thereof, and (c) any subsidence or failure of lateral or subjacent support of CLNA's tracks arising from, or in connection with, the use of the Crossing. 11. INSURANCE (a) During the Term of this License Agreement, Licensee shall maintain liability insurance in the minimum amount of Two Million Dollars ($2,000,000) for all personal injuries, death or property damage per occurrence arising during the Tenn and all renewal periods of this License Agreement. Licensee shall furnish CLNA a certificate of insurance showing that Licensee carries liability insurance applicable to this Agreement, naming CLNA as an additional insured and loss payee (evidencing said applicability by a contractual liability endorsement stating that the insurance is applicable to the obligations assumed by Licensee under this Agreement with CLNA) in the minimum amount of Two Million Dollars ($2.000,000) for all personal injuries, death or property damage per occurrence arising during the Term and all renewal periods of this License Agreement. Licensee shall furnish a certificate of insurance evidencing the above coverage and the form of the policy or policies. In addition, such insurance shall contain notification provisions whereby the insurance company agrees to give thirty (30) days' notice to CLNA of any change or cancellation of the policy. All endorsements and notification provisions shall be stated on the certificate of insurance that is to be provided to CLNA. 621714.1 4 (b) Licensee's liability shall not be limited to the insurance coverage stipulated in this Paragraph 11. (c) The Crossing shall not be opened for traffic until the required insurance coverage is in effect. (d) In the event the above referenced insurance protection is canceled, or is allowed to lapse, said Crossing shall be subject to immediate removal by CLNA, provided that CLNA shall notify Licensee in advance of such removal and give Licensee ten (10) business days to cure; in such event, the entire expense borne by CLNA for removing said Crossing shall be paid for by Licensee. 12. ALTERATIONS In the event either party's use of the right of way (e.g., additional track construction, installation of communication facilities, etc.) shall hereafter make necessary any change in the private road as it crosses CLNA's right of way, the party requiring the change of use shall be obligated to bear all costs of making and maintaining adjustments to said private road which are deemed reasonably necessary by said party. 13. THIRD PARTIES Neither this Agreement nor any provision hereof or herein shall operate or be construed as being for the benefit of any third person. 14. NOTICES (a) All notices on the part of Licensee to CLNA shall be given in writing to: General Manager, CAROLINA COASTAL RAILWAY, INC., 505 S Broad St Kennett Square, Pa 19348. (b) All notices on the part of CLNA to Licensee shall be given in both email and written format as follows: (a) in writing to: Attention: Richard Deming at Stockport Limited Partnership, a North Carolina limited partnership with a usual business address at 3730 N Main St Farmville NC 27828; and (b) via email to: bob aprg-Ilc.com . (c) All notices in writing (non -email) sent pursuant to this License Agreement shall be sent by registered or certified mail, return receipt requested, or by a nationally recognized overnight courier to the address above for the party to which notice is being sent, (d) Notwithstanding subsection (c) above, notice shall be deemed given when Licensee's President or CLNA's General Manger receives actual notice from the other party in person or via facsimile or electronic mail. 15. NO WARRANTIES "Phis License is herein granted without any warranty, express or implied, and no damages shall be recoverable from CLNA by Licensee because of any dispossession of Licensee or because 62171a.! of any failure of, defect in, cancellation of, or termination of, CLNA's property interest in the License Area. 16. Not Applicable. 17. FUTURE PARTIES This License shall inure to the benefit of, and be binding upon, the Parties hereto and their respective heirs, legal representatives, successors and assigns. Licensee shall not assign its rights under this Agreement without CLNA's prior written consent, which shall not be unreasonably withheld and shall be delivered within a reasonable time. For clarity, any and all lessees of the Licensee Property (in whole or in part), or any subsequent purchasers/owners of the Licensee Property (in whole or in part), shall be considered to be a "Licensee" under this Agreement. 18, REMEDIES The remedies under this Agreement are cumulative and shall not exclude any other remedies to which any party may be lawfully entitled. 19. DELAY NOT WAIVER The failure or delay of any party to insist upon the strict or timely performance of a covenant hereunder or any obligation hereunder, shall not be a waiver of such party's right to de►nand strict compliance therewith in the future. 20. CAPTIONS All titles or captions are inserted for convenience only and they in no way shall be construed to define, limit or describe the scope of this Agreement or any provision thereof. 21. SEVERABILITY If any clause or provision of this Agreement shall be deemed to be invalid or unenforceable under present or future laws, then, in that event it is the intention of the Parties that the remainder of this Agreement shall not be affected thereby. 22. CHOICE OF LAW This instrument is being delivered and is intended to be performed in the state of North Carolina and shall be construed and enforced in accordance with the laws of that state. Any aggrieved party may proceed to enforce its rights in the appropriate action at law or in equity. Venue for all suits arising out of this instrument shall lie exclusively in the Courts of Wilson County, North Carolina. By execution or adoption of this agreement, each party hereby submits itself to the in personam jurisdiction of the Courts of Wilson County, North Carolina. 23. MODIFICATION All modifications or waivers to this License Agreement must be in writing and executed by both of the Parties. 24. CONVERSION OF CROSSING 1)21714.1 6 CLNA shall cooperate with any effort of Licensee to convert the Crossing to a public crossing. 25. CONFIDENTIALITY The terms of this Agreement shall be kept confidential unless required by an order from a court of competent jurisdiction. This agreement shall not be recorded in any public or land registry records. This provision shall not prohibit Licensee from disclosing the terms and provisions hereof to any party or court involved in the underlying litigation which is the subject of the parties' Mediated Settlement Agreement. 26. MERGER This Agreement represents the final, complete and exclusive understanding of the Parties of the subject matter to which it relates, including, without limitation, the Crossing. the License Area and Signals. 27. MEMORANDUM This Agreement shall not be recorded. At the time of execution of this Agreement, the parties shall execute a memorandum of this Agreement in recordable form. The costs of recording the memorandum shall be paid by Licensee. END OF DOCUMENT EXCEPT FOR SIGNATURE PAGE AND EXHIBIT A AND EXHIBIT B 62i71a i 7 IN WITNESS WHEREOF, the parties have executed this Agreement as a sealed instrument on the day, month and year first written above. Signed and delivered in the presence of By: ' Afg. Witness Karen Kuivinen Dgaaly agrotl �y Nuen Rmvi n Da19' }D}t.W.19 I Id>:39 Ua'pl' CAROLINA COASTAL RAILWAY, INC. By: .,✓X, Print Name: Chris Spiceland Vice President Sales & Marketing Witness Print Name: Karen Kuivinen Manager of Real Estate & Contracts Wit4fs Prin ame: 5 G4Y�t N i � Witness Print Name: STOCKPORT LIMITED PARTNERSHIP -hy ifs gerier-at-partner, EfW GP LLC Its: C-� 621714.1 8 EXHIBIT A LICENSEE PROPERTY & LICENSE AREA 621714.1 cmm'W ) (IVONIIVH NH3Hinos-)IO-ANON 13t11,[e'All x"A 3.7A.f t C_E S le HV dim LL U� to Y W emmj � ° qS+1 �Y off w* 3� �R `7 x / a _ c a I" I I � 5 fill I$by e° 5 CJCpp S ^ Sk i k kid z J s i N x 333d�339=� EXHIBIT B LICENSE FEE & RAILCAR VOLUMES The amount payable under the License Fee, when applicable pursuant to the terms of this Agreement, shall be determined based on the volume flow of loaded railcars delivered to the Licensee Property in any given Calendar Year, in accordance with the following: railcar volume License Fee amount 0 — 100 $ 18,000 101 — 250 $10,000 251 — 500 $6,000 500 + $0 The License Fee shall be applicable for the first fifteen (15) Calendar Years from the Effective Date of this Agreement and thereafter there shall be no License Fee applicable (i.e. commencing as of Calendar Year 2021 through to, and with the last payment applicable for, Calendar Year 2035). The first License Fee (applicable for Calendar Year 2021) shall be payable within one - hundred and twenty (120) days of the Effective Date of this Agreement. Any subsequent License Fee. as may be applicable in accordance with the terms herein. shall be payable within thirty (30) days of the receipt of a properly issued invoice from Railroad to the Licensee. Railroad shall invoice for a License Fee only after the completion of any given Calendar Year where a License Fee is applicable under this Agreement. For clarity, the term "Calendar Year" for the purposes of this Agreement shall mean the duration of time commencing on January I" and ending on December 3 151. For the avoidance of doubt, despite the continuation of this Agreement there shall be no License Fee payable after the Calendar Year 2035. 621714.1 10 Exhibit A-1 Being all of that tract described as "Portion of Tract 1" containing 10.840 acres as shown on map entitled Stockport Limited Partnership, dated November 21, 2021, and recorded in Plat Book 43, at Pages 271 and 272, Wilson County Registry, North Carolina. Exhibit A-2 Description of Lease Land: Beginning at an iron pipe on the western right- of -way of the Norfolk -Southern Railroad. Said point being the eastern common corner of the Timothy Earl Rhodes property as described in the Deed Book 2698, Page 75 of the Wilson County Register of Deeds office and the City of Wilson property as shown in Plat Book 40, Pages 242-243. From the above described beginning, so located running thence as follows: Leaving the western right -of- way of the Norfolk -Southern Railroad right -of- way and with the northern line of the said Rhodes property, S 83009'15" W 405.61', thence leaving said Rhodes northern line, N 37012'06" W 559.49', thence N 52047'54" E 350.00' to an iron pipe on the western right -of -way of the Norfolk -Southern Railroad right -of -way, thence with said railroad right- of -way, S 37°12'06" E 764.47' to the point of beginning containing 5.319 acres. Description of Access / Utility: Beginning at a point located S 52047'54" W 350.00' from an iron pipe on the western right-of-way of the Norfolk -Southern Railroad right-of-way. Said point on Railroad right- of-way being located N 37012'06" W 764.47' as measured along the western right-of-way of the Norfolk -Southern Railroad right-of-way from an iron pipe located at the eastern common corner of the Timothy Earl Rhodes property described in Deed Book 2698, Page75 and the City of Wilson property as shown in Plat Book 40, Pages 242-243 both of the Wilson County Register of Deeds Office. From the above described beginning, so located, running thence as follows: S 37012'06" E 20.00', thence S 52047'54" W 810.53', thence S 18058152" E 95.68' to the northern line of the aforesaid Timothy Earl Rhodes property, thence with said Rhodes property S 71027'08" W 20.00', thence leaving said Rhodes line, N 18058,52" W 110.001, thence N 52°47'54" E 825.00' to the point of beginning containing 0.423 acre. 0 C7 LO d LO in LL 06 0 C� d Lo LO m LL J J w E m LO m N N 0 N C6 co 2 LL i8'52" W O'(TOT.) DDED V TRACT 1 / M �J II JN�QI O� a zi co op / W - to Lij 4U� � ice=�C co- COj � / c �_�ir O <u o co C 0a cy o� co CO 0 �' ¢�`` J J a w MATCH LINE "A" Q v Q SEE SHEET 2 OF 2 DSO 21.65' N4 l �819' sM.34' 15, �'a" IW WOODED _ o11 ' y S 67°58 04„ .. \ 80/ �S 43°49'03" W 72.92' ---- CITY OF WILSON PB 40, PGs 242 & 243 TRACT 1 N 52°47'54" E 1,175.00'(TOT.) 1,110.16' PORTION OF TRACT 1 AREA = 10.840 ACRES EPKN C/L f� C/L PK NAIL LOCATED AT THE CENTERLINE J I INTERSECTION OF THE NORFOLK-SOUTHERN RAILROAD TRACKS AND THE CITY OF WILSON 30' RIGHT-OF-WAY EASEMENT clil I 15.00' - 20.00' SIP S 56°31'09" W 78.38' \ S 82°47'38" W 77.39' �86° LEGEND ` N 66°25'52" W `9S��78, R/W = RIGHT-OF-WAY \ 34.69' 0 EIP = EXISTING IRON PIPE N 65°28'54" W r` EPKN =EXISTING PK NAIL ��e49.45' �67 v SIP = SET IRON PIPE �';S �, m C/L =CENTERLINE \ 2"lye . OpOS</ LU N CLF =CHAIN LINK FENCE \� 789 \ tiF (p 50, RitrFRRip � FR R p q o EX=EXISTING )-,TIMOTHY EARL RHODES �9,RR "ccTCpo/l/vau" CONC =CONCRETEDB 2698, PG 75 \\` S86° o/Tc eAs/RB 2g ��eq�k FR M w Rco H RADIUS / \ PARCEL 5 ��38 y pFFF'R 14 �FUSF iyF w Q cA L = LENGTH 7 SO-`SF/� a } SF = SQUARE FEET / 3S�A,, e1cySR,��A a p MW = MONITORING WELL \ \/ Ap SPKN = SET PK NAIL 2oppT�6�/F / \ Al,�-USFR/ � 'wppO�2�2q tic�� FR / sp,FR�FRR/p REVIEW OFFICER STATE OF NORTH CAROLINA COUNTY OF WILSON REVIEW OFFICER OF WILSON COUNTY, CERTIFY THAT THE MAP OR PLAT TO WHICH THIS CERTIFICATION IS AFFIXED MEETS ALL STATUTORY REQUIREMENTS FOR RECORDING. DATE REVIEW OFFICER LINE TABLE COURSE BEARING DISTANCE L1 S 81°28'48" W 74.37' L2 N 23°51'34" W 107.52' L3 N 26'33'34" W 42.48' L4 N 34'48'57" W 40.28' L5 N 41°27'55" W 38.38' L6 N 44°48'20" W 44.94' L7 N 52*48'12" W 15.71' L8 N 64°57'53" W 39.34' L9 N 81'30'08" W 38.16' L10 S 75°52'29" W 39.09' L11 S 66°24'56" W 35.57' L12 S 67°08'53" W 36.20' L13 S 77*45'12" W 28.88' L14 N 78*25'17" W 45.78' CERTIFICATION I, JOHN G. GETSINGER, JR., CERTIFY THAT THIS PLAT WAS DRAWN UNDER MY SUPERVISION FROM AN ACTUAL SURVEY MADE UNDER MY SUPERVISION (MAP RECORDED IN PLAT BOOK 40, PAGE(S) 242 & 243; THAT THE BOUNDARIES NOT SURVEYED ARE CLEARLY INDICATED AS DRAWN FROM INFORMATION FOUND IN BOOK PAGE ; THAT THE RATIO OF PRECISION AS CALCULATED IS 1:10,000+; THAT THIS PLAT WAS PREPARED IN ACCORDANCE WITH G.S. 47-30 AS AMENDED. WITNESS MY ORIGINAL SIGNATURE, LICENSE NUMBER AND SEAL THIS 21st DAY OF NOVEMBER , A.D., 2021 I JOHN G. GETSINGER, JR., PLS L-4508 R/trFR q A(c �2'Op o �q%& eqUp S/ o2e gqN FFR \ � Sup FFR1.4 N � SF \ \ S'(9 O�WOO IFAA ys�OF�'OgR s242Tyc ��� FR y \I 3� SIP TIMOTHY EARL RHODES DB 2698, PG 75 \ PARCEL 1 BEARINGS & DISTANCES ALONG PROPOSED 20' ACCESS & UTILITY EASEMENT "B" \ I N 80°32'49" E- 112.99'(TIE) LINE TABLE COURSE BEARING DISTANCE L15 N 35*49'05" W 12.88' L16 N 34*25'41" W 49.38' L17 N 30'24'01" W 46.91' L18 N 22*2VO1" W 51.39' L19 N 11*51'21" W 49.63' L20 N 01*37'17" W 47.58' L21 N 04°16'09" E 24.70' L22 N 13°15'23" E 12.12' L23 N 22°48'02" E 14.53' L24 N 22°48'02" E 11.41' L25 N 26°01'17" E 7.85' L26 N 75°18'39" E 26.38' L27 S 26°01'17" W 24.49' L28 S 22°48'02" W 23.70' LINE TABLE COURSE BEARING DISTANCE L29 S 13° 15'23" W 8.88' L30 S 04' 16'09" W 22.10' L31 S 01 °37' 17" E 44.76' L32 S 11*51'21" E 46.00' L33 S 22°21'01" E 48.14' L34 S 30°24'01 " E 44.79' L35 S 34°25'41 " E 48.43' L36 S 35°49'05" E 4.84' L37 S 78*25'17" E 33.76' L38 N 77*45'12" E 22.80' L39 N 67°08'53" E 34.21' L40 N 66°24'56" E 37.09' L41 N 75°52'29" E 44.74' L42 S 81°30'08" E 45.06' LINE TABLE COURSE BEARING DISTANCE L43 S 64°57'53" E 44.38' L44 S 52*48'12" E 19.24' L45 S 44°48'20" E 46.92' L46 S 41°27'55" E 40.12' L47 S 34°48'57" E 42.88' L48 S 26°33'34" E 44.40' L49 S 23°51'34" E 92.74' L50 j N 81-28'48" E 1 55.42' NOTES 1. THE SURVEYED PORTION OF THIS PROPERTY IS NOT LOCATED IN A SPECIAL FLOOD HAZARD AREA AS DETERMINED BY THE FEDERAL EMERGENCY MANAGEMENT AGENCY. REFERENCE WILSON COUNTY to A FIRM(S) 3720372000K & 3720373000K, BOTH DATED APRIL 16, 2013. 0%%11s'111,,,, C �i 4'°�i ��' 2. REFERENCE: PLAT BOOK 40, PAGE(S) 242 & 243 OF THE WILSON COUNTY REGISTER OF DEEDS. L3. ALL AREAS CALCULATED BY COORDINATE GEOMETRY. � I_ 4. THIS IS A SURVEY OF ANOTHER CATEGORY, SUCH AS THE I�LJ1` RL4�E�R fiICiN, RECOMBINATION OF EXISTING PARCELS, A COURT -ORDERED SURVEY, CV4NCES,S�iES OR OTHER EXEMPTION OR EXCEPTION TO THE DEFINITION OF SUBDIVISION. zi i/z 5. THERE ARE IMPROVEMENTS LOCATED ON THIS PROPERTY. HOWEVER, THEIR LOCATION AND TYPE ARE NOT SHOWN ON THIS SURVEY IF THEY WERE LOCATED OUTSIDE OF THE 10.840 ACRES BOUNDARY. I I 0 Q O I J I Q 1..1� w o I0 I c/) J O I LL I O z IY W U Y Q in aG 9PN� \� T SITE VICINITY MAP ALLIANCE ONE NORTH AMERICA, LLC DB 2779, PG 539 I WOODSLINE EIP q pRpp 7t 0')WOODSLINE FgSSSdSF�B % .M cfl /2ppOS 80o Z EIP WOODED Lln,_ 34�24, 7 TIMOTHY EARL RHODES DB 2698, PG 75 PARCEL 4 100, 50, 0 GRAPHIC SCALE: 1" = 100' -TRACT 4 PB 40, PGs 242 & 243 WOODED O EIP /y� v -EIP S 07°58'30" E'co 60.02' 7 Q- OkC, AZ 14� <u 2 AIT K CO 100, �5�� 200' 300' SHEET 1 OF 2 A PORTION OF PARCEL #3720861702.000 SURVEY FOR STOCKPORT LIMITED PARTNERSHIP REFERENCE: BEING A PORTION OF TRACT 1 AS DESCRIBED IN PLAT BOOK 40, PAGE(s) 242 & 243 OF THE WILSON COUNTY REGISTER OF DEEDS CITY OF WILSON, WILSON COUNTY, NORTH CAROLINA OWNER: CITY OF WILSON ADDRESS: P.O. BOX 10 WILSON, NC 27894-0010 PHONE: 252-399-2302 Baldwin DesignLG 349H SURVEYED: CBM APPROVED: JGG CLOSURE CHECK BOUNDARY Consultants, PA DRAWN: JGG DATE: 11/21/2021 ENGINEERING - SURVEYING - PLANNING CHECKED: JGG DATE: 11/21/2021 1700-D EAST ARLINGTON BOULEVARD CHECKED: JGG SCALE: 1" = 100' GREENVILLE, NC 27858 252.756.1390 0 c7 L0 in LL 06 0 c� a Ln m LL J J w E v N N O N CO LL lV V,4 ��330' POND MAINTENANCE m� m� EASEMENT CITY OF WILSON o/0 108,437 S.F. PB 40, PGs 242 & 243 = moo. kz TRACT 1 m ° / / N 15°59'50" W / 20.01' N 74°03'38" E 20.68' S 80°29'26" E 17.62'(CH) / U, R=31.26' / O 441 16 CO S 74°13'1!� \ 2 L\ 7.86 980' �N 7 ° co / ,F \� POND qN\ 4.08, N �o Cott ^M. S 74°03'21" W \ °0 :gip h PUMP INTAKE 14.33' EASEMENT 2 N) Q- 31,415 S.F. c ? 9�, 4 � 4 CITY OF WILSON PB 40, PGs 242 & 243 U/ TRACT 1 o� Q U � MMM4� 4U �A NG cp N 73°43'03" E 20.00' o� 4O \, e- <C Q° 9 v 6morn 407 Q v T �N 73°51'21" E� CO CITY OF WILSON 29,1C PB 40, PGs 242 & 243 TRACT 1 CLARIFIER #5 Q � . O o� � ��, oM Uz S 735121W X. qs� QQ�u^ , �° 29.16' pNq<t 83g„� gCcFs3 pRo� 1g, 446 Sp- FgSFiI �SFO �? s 8 NT „ / 3 F s gcgFp IV )43 (SFFo66gs F " -0) FqS� , 0, C) _ �� F T/ y �4909SACO - 4 L24 L25 -p6� s�02 WOODED L23 �S216 ` �pP° O�\0 N� L22 ��,`L� NHS° L21 �o / �? S �193911C ss0 2gs L29 �s° 8' 4 3 'SiT X Fk T , 866� S 15°15'33 E 01�' / v^ L30 , 39"lN \XCCC 167.60'(TO- Q�OPOP GSG° CITY OOPGS 242 &243 SON c, wOOos X / ��N� SEM �66sF TRACT 1 gOOFs Op°S WOODED �INF \ X ��°oos EP S��O�� P�CO � FgSF T/4/ WOODED l M NEUSE �490 FNT F CITY OF WILSON PB 40, PGs 242 & 243 TRACT 1 ARopos Fqs cTF� qIS, Fi1,jFi�FSS 8 >66 c„ S. F N) s°1,9, N2a°10 31� ,29 1(9, F ?6624 SZ ps�0 ss DETAIL OF S 74°44'27" W v 'OP NG "C;, BEARINGS & DISTANCES ALONG 20.66' �Ps�al66s PROPOSED 15' ACCESS EASEMENT "C" SCALE: 1" = 100' O J �Ol PGG� P� EX. ASPHALT DRIVE S 26°01'17" W 7.85' 2°48'02" W 41' CITY OF WILSON PB 40, PGs 242 & 243 TRACT 1 rvl X I SO VER FROM TOP uFB R SF RIPARIAN BNEUSE IUF ERl� J I M ANK 50' FROM TOP OF BANK J �l EX. DITCH I WOODED WOODED (0 L6EX.DITCH CITY OF WILSON J M PB 40, PGs 242 & 243 TRACT 1 8 3 �39 L40 p 13 L12 �<41-EX. GRAVEL DRIVE = 0 a x >�` C� �P NEUSE RIV c' 50'RIRPOqR ToPo B � rn x LO K '0 J o � o WOODED -j I A J m co — J — I I J v JN 1— m LL Wi�f'o� 0 D Lli J�o�Ljj �� Jaww U U QAll ^M'�Mo) NEUSE RIVER RIPARIAN BUFFER 50' FROM TOP OF BANK N o 4 ^� wiz 09���ij �co QU co 1,6 0sl, MATCH LINE "A" N 18°58'52" W t �21.65' SEE SHEET 1 OF 2 110.00'(TOT.) 8.19' N WOODED � sl 20.3434' NgisiiA �R�O/����j� 9011(ORLRIEGZR� fiIGN, C410 NCES, S�aES \ l oFwq tFR,NG e T \ N 73°35'30" E 20.00' 14lm A \ N 16°10'55" W o 20.00, N ,>3 3S3 N / S�3° 0 1>2) CID l 3s30 q CCFS Q 20" Q Q l �4 SFMFN 2z / 909 S•FT Q 0RiF / �Z �. �j �� Q-dcorn� 0 -C) 47 �. CITY OF WILSON PB 40, PGs 242 & 243 `OM TRACT 1 M 4U o� M N �0 N 2 �0 / CO CITY OF WILSON PB 40, PGs 242 & 243 TRACT 1 SHEET 2 OF 2 X /4, U� C X ��(u EIP = EXISTING IRON PIPE EPKN = EXISTING PK NAIL SIP = SET IRON PIPE C/L = CENTERLINE CLF = CHAIN LINK FENCE EX = EXISTING CONC = CONCRETE CH = CHORD R = RADIUS L = LENGTH SF = SQUARE FEET MW = MONITORING WELL SPKN = SET PK NAIL 100, 50, 0 100, 200' 300' GRAPHIC SCALE: 1" = 100' A PORTION OF PARCEL #3720861702.000 1 inu����� Prepared by and after recording return to Ward and Smith, P.A. 120 West Fire Tower Road Winterville, NC 28590 Attn: J. Drake Brinkley, Esq. STATE OF NORTH CAROLINA COUNTY OF WILSON Type: CRP Recorded: 9/14/2022 4:16:08 PM Fee Amt: $26.00 Page 1 of 5 Wilson, NC Lisa J. Stith Register of Deeds BK 2983 PG 523 - 527 MEMORANDUM OF PRIVATE GRADE CROSSING LICENSE AGREEMENT THIS MEMORANDUM OF PRIVATE GRADE CROSSING LICENSE AGREEMENT (this "Mernorandurn") is made as of _September 13 , 2022, by and between CAROLINA COASTAL RAILWAY, INC., a Virginia corporation ("CLNA"), and STOCKPORT LIMITED PARTNERSHIP, a North Carolina limited partnership (the "Licensee"). WITNESSETH: WHEREAS, CLNA, and Licensee are parties to that certain Private Grade Crossing License Agreement, dated September 10, 2021 (the "Agreement"), whereby CLNA grants unto Licensee, among other things, the right to maintain and use a private grade crossing located in the vicinity of Railroad Mile Post 180 in the vicinity of 3100 Stantonsburg Rd SE, Wilson, Wilson County, North Carolina, as approximately depicted as "License Area" on Exhibit A, attached hereto and incorporated herein (the "License Area"), for the benefit of Licensee's property as approximately depicted as "Portion of Tract 1 ", being 10.840 acres, more or less. on Exhibit A (the "Benefitted Property"); and WHEREAS, the parties hereto desire to memorialize the Agreement and execute and record this Memorandum. NOW, THEREFORE, the parties hereto, intending to be legally bound hereby, hereby agree as follows: submitted electronically by "Investors Title Insurance company" in compliance with North Carolina statutes governing recordable documents and the terms of the submitter agreement with the Wilson county Register of Deeds. l . Recitals. The foregoing recitals are hereby acknowledged to be true and accurate, and are incorporated by reference. 2. Term. The term of the Agree agreements in the Agreement are intended to agreements appurtenant to and running with the shall run with the title to each party's property, parties, their successors, successors in title and there's no default under the Agreement. Yent has commenced. The covenants and ,e, and ,shall be construed as, covenants and and and the burdens and benefits of the same and shall bind and inure to the benefit of the assigns. The rights are perpetual as long as 3. Incorporation by, Reference and Capitalized Terms. All remaining provisions set forth in the Agreement are hereby incorporated into this Memorandum the same as if herein set out. All capitalized terms not defined herein shall be given the meanings assigned thereto in the Agreement. 4. Conflict. This Memorandum is not a complete summary of the Agreement, and the provisions contained herein shall not be construed to modify or amend the terms thereof. In the event of any conflict between the terms of the Agreement and the terms of this Memorandum, the terms of the Agreement shall control and prevail. S. Counterparts. The parties agree that this Memorandum may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. -Sig-natures are on the following page. - -2- IN WITNESS WHEREOF, the parties hereto have executed this Memorandum as of the day and year first above written. CLNA- CAROLINA COASTAL RAILWAY, INC. Print Name: Karen KWvinen Title: Manager STATE OF COUNTY OF I certify that the above person personally appeared before me this day, acknowledging to me that he signed the foregoing document for the purpose(s) stated therein, in the capacity indicated therein: Karen Kuivinen Date: , Si tur � f Notary{ P lac Lj 4H. lAAA 6Mw Notary's printed or typed nI My commission expires: (Official Seal) ELIZABETH LEIGH BORD Notary Public -State of Fic Commission # HH 3241 My Commission Exgiri Awaust 16. 2024 Notary seal or stamp must appear within this box -3- LICENSEE. STOCKPORT LIMITED PARTNERSHIP By: Ef vV GP LLC, its general partner Richard Deming, Manager STATE OF COUNTY OF l certify that the above person personally appeared before me this day, acknowledging to me that he signed the foregoing document for the purpose(s) stated therein, in the capacity indicated therein: Richard Deming Date: S'igr carrr'of N007:7 ' Prrbl c Notar ' printed or typed name My commission expires:L° (Official ,Seal) FLLY RENEE GOODM Notary Public North Carolina Pitt County Notary seal or stamp must appear within this box. -4- Exhibit A �zmz�i'��(ynz �mmm a S xm biz � e��v zwm❑.z. � zaos QeT� c a '�M ' fi �L 9Di1 r� a�mm�. o. >J w n z. r " Q n n Cf) o m _ NORFOLK-SOU o FERN RAILROAD w � _ ; s \z � LICENSE � � ��� 4 ��� r AREA N m p� t7 - m p eern n'Y r" � F� o � `� � zoo oro fill 9 This snap may not be a certified survey and has not been Q i z reviewed by a local government agency too compliance %re e A m 1 M 4 4 4�� uH with any applicable IaEd development regulations and has N y L a net been reviewed for canlpL ante with recording m m z ff zoo.Qq6 reynirer[ eats far plats, Prepared by and after recording return to: Ward and Smith, P.A. 120 West Fire Tower Road Winterville, NC 28590 Attn: J. Drake Brinkley, Esq. STATE OF NORTH CAROLINA COUNTY OF WILSON MEMORANDUM OF LEASE Type: CRP Recorded: 9/14/2022 4:16:10 PM Fee Amt: $26.00 Page 1 of 7 Wilson, NC Lisa J. Stith Register of Deeds BK 2983 PG 528 - 534 THIS MEMORANDUM OF LEASE (this "Memorandum") is made as of September 13 , 202 2 , by and between STOCKPORT LIMITED PARTNERSHIP ("Lessor"), and CAROLINA POULTRY POWER RG2, LLC ("Lessee'). WITNESSETH: WHEREAS, Lessor, as landlord, and Lessee, as tenant, are parties to that certain Lease Agreement, dated June 24, 2021, as amended (the "Lease"), whereby Lessee leases from Lessor the property depicted or described as "Lease Land" on Exhibit A attached hereto and incorporated herein by reference (the "Lease Land"), and has rights to use the land depicted or described as "Access 1 Utility" on Exhibit B and the land depicted or described as "License Area" on Exhibit C for the uses described in the Lease during the term; and WHEREAS, the parties hereto desire to memorialize the Lease and execute and record this Memorandum. NOW, THEREFORE, the parties hereto, intending to be legally bound hereby; hereby agree as follows: l . Term. Subject to the terms of the Lease, the term of the Lease commenced on June 24, 2021, and expires on the last day of the twentieth (20th) year after the commencement of the Commercial Operation Date. Subject to the terms of this Lease, the "Commercial Operation Date" submitted electronically by "Investors Title Insurance company" in compliance with North Carolina statutes governing recordable documents and the terms of the submitter agreement with the Wilson county Register of Deeds. means the day on which the RG2 Project (as defined in the Lease), following its satisfactory start- up, testing and commissioning as approved by Lessee, commences full commercial operations. 2. Incorporation by Reference and Capitalized Terms. All remaining, provisions set forth in the Lease are hereby incorporated into this Memorandum the same as if herein set out. All capitalized terms not defined herein shall be given the meanings assigned thereto in the Lease. 3. Conflict. In the event of any conflict between the terms of the Lease and the terms of this Memorandum, the terms of the Lease shall control and prevail. 4. Counterparts. The parties agree that this Memorandum may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. -Signatures are on the following page.- IN WITNESS WHEREOF, the parties hereto have executed this Memorandum as of the day and year first above written. LESSOR: STOCKPORT LIMITED PARTNERSHIP, by its general partner, EfW GP LLC By:.__ a� Richard Deming, Manager STATE OF NORTH CAROLINA COUNTY OF t I certify that the above person personally appeared before me this day, acknowledging to me that he signed the foregoing document for the purpose(s) stated therein, in the capacity indicated therein: Richard Deming Date:-• ice, r Signature qfJVotary Public Notary0printed or typed name My commission expires: (afflciGf seal) KELLY RENEE GOODM Notary Public North Carolina Pitt County Notary seal or stamp must appear within this box LESSEE: CAROLINA POULTRY POWER RG2, LLC Richard Deming, Chief Executive Officer STATE OF COUNTY OF s,j- I certify that the above person personally appeared before me this day. acknowledging to me that he signed the foregoing document for the purpose(s) stated therein, in the capacity indicated therein: Richard Deming Date:ry14 ( , `- Sigrtatr.rr of Notary Public Notary' printed or typed name My commission expires: ,—cam C t� (official Seal) KELLY RENEE 006-6 Notary Pubiir, !North Carolina Pitt Counts Notary seal or stamp must appear within this bozo. 4 EXHIBIT A to Memorandum of Lease MAW 94" ..... ..... with said railroad right- of -way, S 37"12106" E 764.47'to the point of beginning containing 5.319 acres- EXHIBIT" B to Memorandum of Lease T the Wilson County Register of Deeds Off ire. From the above described beginning, so located, running thence as follows: I EXHIBIT C to Memorandum of Lease Y9LMMN=141n-Fpt,:..,aau MyPaaa C 4-u �. z z a z a x z z zz z z x r- Fi r i C � ID u A im JGk:. liJcm N56�. PG fl6 &F6861,PC ]0 s sT a�n�� 1 ME f This map may not be a certified survey and has not been reviewed ' by a local government agency for compharnce with any applicable land ® development regulations and has not N been reviewed for compliance with iNg Q recording requirements for plats. N N _ w N A A 1 Jllh x �r W / m inn (1 U) o g o ,sa N 4 O y Add 6 wy . tz o� P N p . a Sw D Rp " n a � tx. 1 c7 a�q o� 0 z 1z - NORFOLK-SOUTHERN RAILROADm (100- WN) s: .L. r■ ■`n■ ■ m ■ m>,z ■ ■ ■gym ■ w ■ �C]Q 2 Type: CRP Recorded: 9/14/2022 4:16:05 PM Fee Amt: $26.00 Page 1 of 11 Wilson, NC Lisa J. Stith Register of Deeds BK 2983 PG 512 - 522 Prepared by and return after recording to: Ward and Smith; P.A. 120 West Fire Tower Road Winterville, NC 28590 Attn: J. Drake Brinkley, Esq. STATE OF NORTH CAROLINA EASEMENT AGREEMENT COUNTY OF WIiLSON This Easement Agreement (the "Agreement") is entered into this 13th day of September 20 22 by and between STOCKPORT LIMITED PARTNERSHIP, a North Carolina limited partnership ("Stockport"), and CITY OF W ILSON, a body politic and corporate organized and existing under the laws of North Carolina ("City"). Stockport and City may be referred to herein singularly as "Party" or collectively as "Parties". RECITALS: WHEREAS, City is the fee simple owner of certain real property in Wilson County, North Carolina, said property being adjacent or near the Stockport Property and more particularly described or depicted on Exhibit A attached hereto and incorporated herein by reference (the "City Property"); WHEREAS, Stockport is the fee simple owner of certain real property located in Wilson County, North Carolina, said property being adjacent or near the City Property and more particularly described or depicted on Exhibit B attached hereto and incorporated herein by reference (the "Stockport Property"), and WHEREAS, in order to facilitate the development of the Generating Facility (as defined below) on the Stockport Property, the Parties have agreed to provide for certain easements over their respective Property to benefit the property of the other Party. NOW, THEREFORE, in consideration of the sum of Ten Dollars ($10.00), the foregoing recitals, the mutual promises contained herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereto agree as follows: submitted electronically by "Investors Title Insurance company" in compliance with North Carolina statutes governing recordable documents and the terms of the submitter agreement with the Wilson county Register of Deeds. ARTICLE I ACCESS EASEMENT 1.1 Access Easement over the City Property-. City hereby grants, declares, and establishes to and for the benefit of Stockport and its affiliates, subsidiaries and tenants, and the successors. assigns and grantees of each of them and any future owner or tenant of the Stockport Property, a (i) non-exclusive easement (the "Non -Exclusive Access Easement over the City Property") appurtenant to the Stockport Property for the sole purpose of vehicular and pedestrian ingress, egress, regress, and access over the City Property, specifically limited to the easement areas shown as (a) "Proposed 60' Access & Utility Easement 'A' 19,421 S.F." as shown on the plat entitled "Survey for Stockport Limited Partnership" prepared by Baldwin Design Consultants, PA, recorded in Plat Book 43, Pages 271, and 272 in the office of the Register of Deeds of Wilson County (the "Plat"), (b) "Proposed 20' Access & Utility Easement 'B' 18,750 S.F." on the Plat, (c) "Proposed 20' Access & Utility Easement 74,909 S.F." on the plat, (d) "Proposed 15' Access Easement 'C' 8,766 S.F." on the Plat, and (e) "Pump Intake Easement" on the Plat; and (ii) an exclusive easement (the "Exclusive Access Easement over the City Property"; collectively the Non -Exclusive Access Easement over the City Property and the Exclusive Access Easement over the City Property are the "Access Easement over the City Property") appurtenant to the Stockport Property for the sole purpose of vehicular and pedestrian ingress, egress, regress, and access over the City Property, specifically limited to the easement area shown as "Pond Maintenance Easement" on the Plat. Stockport may, at its sole cost and expense, construct; install, and maintain roadways (and related improvements), including paved roads, in the Access Easement over the City Property; provided, however, Stockport shall not interfere with the City's wastewater treatment operation on the City Property in the City's reasonable discretion.. Stockport may use or permit the use of the Access Easements over the City Property by vehicles with more than two (2) axles and/or by construction traffic. I.2 Use. No barriers, fences or other obstructions shall be erected so as to impede or interfere in any way with the free flow of vehicular and pedestrian traffic over the Access Easement over the City Property; provided, however, that (i) either Party may utilize customary traffic regulation and "traffic calming" devices (e.g., signage, directional flow marks, speed bumps, pedestrian crosswalks, etc.). Neither Party may dedicate all or any portion of the Access Easement over the City Property to the public without the joinder of the other Party. The Parties hereto acknowledge and agree that. (i) Stockport's operations within the Pond Maintenance Easement area and use of the pond therein for evaporation, at its discretion, is essential to the successful operation of the Generating Facility (as defined below); and (ii) for the term of this Agreement, Stockport shall have full and exclusive operational use and control of the Pond Maintenance Easement area for the purpose of successfully operating the Generating Facility (as defined below), at its discretion, and satisfying the obligations of the Energy Purchase Agreement. 1.3 Maintenance. Stockport, at its sole cost and expense, shall be responsible for maintaining the roadways, and other improvements, it constructs in good condition and repair. City, at its sole cost and expense, shall be responsible for maintaining the roadways, and other improvements, it has constructed or will construct in good condition and repair. No later than thirty (30) days prior to performing construction, maintenance or repairs, the Party making the same shall provide the other Party with written notice of the proposed construction, maintenance and repairs to be performed and a timeline for the perfon-nance of such work; provided, however, the thirty (30) days' notice shall not be required if there are repairs, construction or maintenance that require immediate attention under exigent circumstances. Any extraordinary damage or wear and tear to any roadways caused by traffic above and beyond the traffic contemplated in this Agreement shall be the responsibility of the individual property owner, their contractors, tenants, concessionaires and licensees and their respective officers, employees, agents, customers and/or invitees that caused such damage. Upon receipt of written notice of such damage, wear and tear from the other Party, the responsible property owner shall immediately repair said damage resulting from such extraordinary traffic and pay for the costs of the maintenance or repair. The aforesaid obligations for maintenance and repair shall be exercised in a manner so as to minimize the disruption of the rights of others. ARTICLE Il UTILITY EASEMENTS 2.1 Utility Easement over the City Prosy. City hereby grants, declares, and establishes to and for the benefit of Stockport and its affiliates, subsidiaries and tenants, and the successors, assigns and grantees of each of them and any future owner or tenant of the Stockport Property, a (i) non-exclusive easement (the "Non -Exclusive Utility Easement over the City Property") appurtenant to the Stockport Property for the sole purpose of installing, constructing, maintaining, and replacing utilities, including, but not limited to, gas, power, water, sewer, and stormwater, over, under, through, and across the areas depicted as (a) "Proposed 60' Access & Utility Easement 'A' 19,421 S.F." as shown on the Plat, (b) "Proposed 20' Access & Utility Easement 'S' 18,750 S.F." on the Plat, (c) "Proposed 20' Access & Utility Easement 74,909 S.F." on the plat, and (d) "Pump Intake Easement" on the Plat; and (ii) an exclusive easement (the "Exclusive Utility Easement over the City Property"; collectively, the Non - Exclusive Utility Easement over the City Property and the Exclusive Utility Easement over the City Property are the " Utility Easement over the City Property") appurtenant to the Stockport Property for the sole purpose of installing, constructing, maintaining, and replacing utilities, including; but not limited to, gas, power, water, sewer, and stornwater, over, under, through, and across the area depicted as "Pond Maintenance Easement" on the Plat. Stockport, at its sole cost and expense, shall be responsible for maintaining any utilities installed by Stockport located in the Utility Easement over the City Property. No later than thirty (30) days prior to performing construction, maintenance or making repairs to the any utilities located in the Utility Easement over the City Property, Stockport shall provide the City with written notice of the proposed construction, maintenance and repairs to be performed and a timeline for the performance of such work. Notwithstanding anything to the contrary herein, Stockport may enter the Utility Easement over the City Property at any time with or without notice to perform repairs, construction or maintenance that require immediate attention under exigent circumstances. 2.2 Utility Easement over the Stockport Property. Stockport hereby grants, declares, and establishes to and for the benefit of City and its affiliates, subsidiaries and tenants, and the successors. assigns and grantees of each of them and any future owner or tenant of the City Property, a non-exclusive easement (the "Utility Easement over the Stockport Property") appurtenant to the City Property for the sole purpose of installing, constructing, maintaining, and replacing utilities, including, but not limited to, gas, power, water, sewer, and stormwater, over, under, through, and across the area depicted as "Proposed 35' Utility Easement" on the Plat. City, at its sole cost and expense, shall be responsible for maintaining any utilities installed by City located in the Utility Easement over the Stockport Property. No later than thirty (30) days prior to performing construction, maintenance or making repairs to the any utilities located in the Utility Easement over the Stockport Property, City shall provide Stockport with written notice of the proposed construction, maintenance and repairs to be performed and a timeline for the performance of such work. Notwithstanding anything to the contrary herein, the City may enter the Utility Easement over the Stockport Property at anytime with or without notice to perform repairs, construction or maintenance that require immediate attention under exigent circumstances. ARTICLE III MISCELLANEOUS EASEMENTS 3.1 Equipment Easement over the City Proopegy. City hereby grants, declares, and establishes to and for the benefit of Stockport and its affiliates, subsidiaries and tenants, and the successors, assigns and grantees of each of them and any future owner or tenant of the Stockport Property, a (i) non- exclusive easement (the "Non -Exclusive Equipment Easement over the City Property") appurtenant to the Stockport Property for the sole purpose of installing, constructing, using, maintaining, and replacing equipment, including., but not limited to, evaporators, pumps, heat exchangers, any and all electrical equipment associated with the foregoing, and any and all equipment related to the development of the Stockport Property as a Generating Facility (as defined below) on the area depicted as "Pump Intake Easement" on the Plat; and (ii) an exclusive easement (the "Exclusive Equipment Easement over the City Property' collectively the Non -Exclusive Equipment Easement over the City Property and the Exclusive Equipment Easement over the City Property are the " Equipment Easement over the City Property") appurtenant to the Stockport Property for the sole purpose of installing, constructing, using; maintaining, and replacing equipment, including, but not limited to, evaporators, pumps, heat exchangers, any and all electrical equipment associated with the foregoing, and any and all equipment related to the development of the Stockport Property as a Generating Facility (as defined below) on the area depicted as "Pond Maintenance Easement" on the Plat. Stockport, at its sole cost and expense, shall be responsible for maintaining any equipment installed by Stockport. 3.2 Structures Easement over the City Property. City hereby grants, declares, and establishes to and for the benefit of Stockport and its affiliates, subsidiaries and tenants, and the successors, assigns and grantees of each of them and any future owner or tenant of the Stockport Property, a non-exclusive easement (the "Structures Easement over the City Property'") appurtenant to the Stockport Property for the sole purpose of installing, constructing, maintaining, using, and replacing one or more structures, in the area depicted as "Pump Intake Easement " on the Plat. Stockport, at its sole cost and expense, shall be responsible for maintaining any structures installed by Stockport. Stockport agrees to use no more than 1,000 square feet of the area shown as the Pump Intake Easement in the future for installing, constructing, maintaining, using, and replacing one or more structures. 3.3 Tem orar Construction Easement. City hereby grants, declares, and establishes to and for the benefit of Stockport and its affiliates, subsidiaries and tenants, and the successors, assigns and grantees of each of them and any future owner or tenant of the Stockport Property, a non-exclusive, temporary construction easement appurtenant to the Stockport Property in the form of strips of land 7.5' wide located contiguous with and on both sides of the Specific Access Easements (as defined below) running along and parallel with the Specific Access Easements for the sole purpose of installing and constructing a Generating Facility in accordance with the Energy Purchase Agreement (as defined below). The "Specific Access Easements" include the (i) "Proposed 20' Access & Utility Easement '13' 18,750 S.F." on the Plat,(i) "Proposed 15' Access Easement 'C' 8,766 S.F." on the Plat; (i) "Proposed 20' Access & Utility Easement74,909 S.F." on the Plat, (iv) "Pump Intake Easement" on the Plat; and (v) "Pond Maintenance Easement" on the Plat. Notwithstanding any terms to the contrary in this Section 3.3, the portion of the temporary construction easement described in this Section associated with the Pump Intake Easement area and the Pond Maintenance Easement area shall not include any area inside of the Pump Intake Easement area and inside the Pond Maintenance Easement area. Stockport shall repair all damage caused by such use. This temporary construction easement shall expire on the Commercial Operation Date, as such term is defined in the Energy Purchase Agreement (as defined below). ARTICLE IV ADDITIONAL OBLIGATIONS 4.1 Ownership. City represents the City Property is owned by City in fee and the easements described herein over the City Property are conveyed by City free and clear of all monetary encumbrances and free and clear of any other encumbrances which would prevent their use for the purposes described herein. Stockport represents the Stockport Property is owned by Stockport in fee and the easement described herein over the Stockport Property is conveyed by Stockport free and clear of all monetary encumbrances and free and clear of any other encumbrances which would prevent its use for the purpose described herein. 4.2 Covenants and Warranties. Each Party covenants to the other Party that it owns the property upon which the easements it is conveying are located in fee; that it has the right to convey the easements it is conveying in this Agreement; that the property upon which the easements it is conveying are located is free and clear of all encumbrances, except as set forth in Section 4.1; and that it will warrant and defend the title to the easements it is conveying against the lawful claims of all persons whomever. ARTICLE V INDEMNIFICATION 5.1 Indemnification. To the extent allowable by law, the Parties hereby indemnify and save each other harmless from any and all liability, damage, expense, causes of action, suits, claims, or judgments, including reasonable attorney fees and expenses, arising from personal injury, death, or property damage and occurring on or from its own Property, or arising from any work performed by or on behalf of one Party on the Property of another Party, except if caused by the intentional negligence or misconduct of the other Party hereto. ARTICLE VI TERM 6.1 Expiration. Subject to the terms and provisions herein, the easements conveyed herein shall expire on the later of (i) the date that is one (1) year after the Stockport Property is no longer operating as a Generating Facility (as defined below), or (ii) the date of expiration or earlier termination of that certain Amended & Restated Energy Purchase & Collaboration Agreement, dated May 25, 2021, between Carolina Poultry Power RG2, LLC, a North Carolina limited liability company, and the City of Wilson, as amended, if amended (the "Energy Purchase Agreement"). Notwithstanding the foregoing, the portion of the Access Easement over the City Property and the Utility Easement over the City Property located in the area described as "Proposed 60' Access & Utility Easement 'A' 19,421 S.H." on the Plat is granted and conveyed in perpetuity. "Generating Facility" means any equipment or infrastructure installed by an energy provider or energy generator related to the generation, harnessing or use of energy, including without limitation a steam heat generation facility, which includes the energy generation equipment, controls, meters, switches, connections, conduit, wires, pipes, energy delivery points, evaporators, feedstock storage and conveyance, housing structures and any other items installed as a fixture for the purpose of, or related to, the provision or use of thermal or electrical energy. ARTICLE VIl MISCELLANEOUS 7.1 Easements Running With the Land. The easements and covenants set forth above are of a commercial nature, freely transferable, and are intended to be, and shall be construed as, easements and covenants appurtenant to and running with the land and the burdens and benefits of said easements and covenants shall run with the title to each Party's property, and shall bind and inure to the benefit of the Parties, their successors, successors in title and assigns. 7.2 Severability. If any provision of this Agreement, or the application thereof to any person or circumstances, shall for any reason and to any extent be invalid or unenforceable, and if the material expectations of each Party nevertheless can be achieved, the remainder of this Agreement and the application of such provision to other persons or circumstances shall not be affected thereby but rather shall be enforced to the greatest extent permitted by law. 7.3 Applicable Law. This Agreement shall be construed in accordance with the laws of the State of North Carolina. 7.4 Compliance With Laws. The Parties hereby agree to comply with all applicable laws and regulations in their use of the easements granted herein for the purposes herein stated and all Parties hereto agree that the rights and responsibilities contained in this Agreement shall be performed in accordance with, and only to the extent permitted by, all applicable laws, ordinances, rules and regulations. 7.5 Variation in Pronouns. All pronouns and any variations thereof shall be deemed to refer to the masculine, feminine, neuter, singular, or plural, as the identity of the Party or Parties, or their personal representatives, successors and assigns may require. 7.6 Further Assurances. Each Party hereto agrees to give further assurances to each other Party hereto, by way of executing such other and further instruments and documents as may be reasonably necessary to effectuate and carry out the intents and purposes of this Agreement and the agreements contained herein. 7.7 Caption Headings. The headings and captions used in this Agreement are for convenience only and shall not be deemed to limit, amplify, or modify the terms of this Agreement. 7.8 Authority. Each of the Parties hereto acknowledges for itself that such Party has the authority to enter into this Agreement. [the remainder of this page intentionally blank] fN WITNESS WHEREOF, the Parties have hereunto set their hand as of the day and year first above written. CITY OF WILSON By - Carlton L. Stevens, Mayor ATTEST: C -1 0� WIC T ! '� e'°' �Po� Tonya A. e , Clerk of the City of Wi son -- -- (SEAL) �,' 1849 ' CO'01 STATE OF NORTH CAROLINA COUNTY OF WILSON 1, 4vn , a Notary Public for Wilson County, do hereby certify that Tonya A. West, personally appear d before me this day and acknowledged that she is the City Clerk of the City of Wilson, a North Carolina municipal corporation, and that by authority duly given and as the act of the corporation, the foregoing instrument was signed by its Mayor, sealed with its corporate seal and attested by herself as its Clerk. Witness my hand and notarial seal, this 7-11 day of � � er , 2022. 97gn�atureof Notary ublic (SEAL) J4M JI—r— n A-5 Printed/Typed Name of Notary Public My Commission Expires: 11D raT ,9-�2 Notary seal or stamp must appear within this box STOCKPORT LIMITED PARTNERSHIP By: EfGV GP LLC, its general partner Richard Deming, Manager STATE OF NORTH CAROLINA COUNTY OF I certify that the above person personally appeared before me this day, acknowledging to me that he signed the foregoing document for the purpose(s) stated therein, in the capacity indicated therein:. Richard Deming Date: (Official Seal) 7LLY RENEE GOOD Notary Public North Carolina Pitt County— Sigr�att.rr� , f Notcr� y Public Notary Tinted or typed ame My commission expires: Notary seal or stamp must appear within this box: EXHIBIT "A" CITY PROPERTY Being all of Tract 1, containing 238.80 acres, more or less, Tract 2, containing 19.51 acres, more or less, and Tract 4, containing 0.45 acres, more or less, as shown on map of survey entitled "Recombination Plat Property of City of Wilson" dated August 2016 and recorded in Plat Book. 40 at Page 242, Wilson County Registry. Less and except all of that tract described as "Portion of Tract I " containing 10.840 acres as shown on map entitled Stockport Limited Partnership, dated November 21, 2021, and recorded in Plat Book 43, at Pages 271 and 272, Wilson County Registry, North Carolina. EXHIBIT "B" STOCKPORT PROPERTY Being all of that tract described as "Portion of Tract I" containing 10.840 acres as shown on map entitled Stockport Limited Partnership, dated November 21, 2021, and recorded in Plat Book 43, at Pages 271 and 272, Wilson County Registry, North Carolina. Type: CRP Recorded: 9/14/2022 4:16:02 PM Fee Amt: $26.00 Page 1 of 8 Revenue Tax: $0.00 Wilson, NC Lisa J. Stith Register of Deeds BK 2983 PG 504 - 511 Prepared by: Kelly V. Chase, Cadey I`ridgen, P.A. 2500 Nash street N Ste. C Wilson, NC 27896-1394 Return to; J Drake Brinkley, Ward and Smith P.A., 120 West Fire Tower Road, Winterville; NC 28590 Delinquent taxes, if any, to be paid by the closing attorney to the county tax collector upon disbursement of closing proceeds. STATE OF NORTH CAROLINA SPECIAL WARRANTY DEED COUNTY OF WILSON Portion of PIN: 3720-86-1702.000 Excise Tax: $0.00 THIS DEED, made and entered into this 13th day of September 12022, by and between the CITY OF WILSON, a North Carolina municipal corporation, hereinafter "Grantor", whose mailing address is PO BOX 10, Wilson, NC 27894-0010, to STOCKPORT LIMITED PARTNERSHIP, a North Carolina Limited Partnership, hereinafter "Grantee", whose mailing address is 3697 North Main Street, Farmville, NC 27828; WITNESSETH: FOR AND IN CONSIDERATION of $1.00 and other good and valuable consideration made to Grantor by the Grantee, the receipt of which is hereby acknowledged, the Grantor has bargained and sold, and does hereby bargain, sell and convey unto the Grantee, its successors and assigns, in fee simple, that certain parcel or tract of land lying and being situate in Wilson Township, Wilson County, North Carolina, Portion of PIN 3720-86-1702.000, and more particularly described in EXHIBIT A attached hereto and incorporated herein by reference (the "Property"). This Conveyance is expressly subject to the Permitted Exceptions on EXHIBIT B and those additional Deed Covenants and Restrictions as shown on EXHIBIT C. SW-P submitted electronically by "Investors Title Insurance company" in compliance with North Carolina statutes governing recordable documents and the terms of the submitter agreement with the Wilson county Register of Deeds. None of the Property herein conveyed includes the primary residence of the Grantor. TO HAVE AND TO HOLD the aforesaid parcel or tract of land, together with the privileges and appurtenances thereunto belonging or in anywise appertaining, unto the said Grantee, its successors and assigns, in fee simple. FOR THE CONSIDERATION AFORESAID, the Grantor, for itself, its successors and/or assigns, hereby covenants to and with the Grantee, its successors and assigns, that, the Grantor has done nothing to impair such title as Grantor received and that the Grantor does warrant and will forever defend the title thereto against the lawful claims of any and all persons claiming by, under or through Grantor, subject to the conditions herein contained. IN WITNESS, WHEREOF, the City of Wilson has caused this deed and agreement to be executed in its corporate name by its Mayor, attested by its Clerk, and its corporate seal to be hereunto affixed, this the day and year first written above. "SIGNATURE PAGES AND NOTARY TO FOLLOW** SW -PROJECT WATT CITY OF WILSON By: arlton L. Stevens, Mayor ATTEST: Tonya A. , Clerk of the City o i (SEAL) STATE OF NORTH CAROLINA COUNTY OF WILSON I, �a n►; c. �an M5 , a Notary Public for Wilson County, do hereby certify that Tonya A. West, personally appeared before me this day and acknowledged that she is the City Clerk of the City of Wilson, a North Carolina municipal corporation, and that by authority duly given and as the act of the corporation, the foregoing instrument was signed by its Mayor, sealed with its corporate seal and attested by herself as its Clerk. Witness my hand and notarial seal, this q -t kday of, r , 2022. 00V4 .40% nature ofiNrota Public —Ta---;e- Ldaha;5-6#--74&*-5 Imp Printed/Typed Nae of Notary Public My Commission Expires: Jo v a 9 - Qa SW -PROJECT WATT EXHIBIT A Legal Description Being all of that tract described as "Portion of Tract 1 " containing 10.840 acres as shown on map entitled Stockport Limited Partnership, dated November 21, 2021, and recorded in Plat Book 43, at Pages 271 and 272, Wilson County Registry, North Carolina. EXHIBIT B Permitted Exceptions (i) Such matters as would be disclosed by a current and accurate survey and inspection of the Property, (ii) Ad valorem taxes for the year of closing; (Ili) zoning ordinances affecting the Property; and (iv) All recorded easements, covenants, restrictions, reservations, rights -of - way and other similar matters recorded on or prior to May 25,2021. SW -PROJECT WATT EXHIBIT C Deed Covenants and Restrictions 1, The Property herein conveyed shall be used for the industrial use of the development of a Biomass Energy Generating Facility as further defined in and operated in accordance with an Energy Purchase and Collaboration Agreement dated May 25, 2021, as amended from time to time (collectively, the "Project") and other ancillary uses. This restriction is to run with the land and shall be binding on all parties and all persons claiming under them fora period of twenty-two (22) years from May 25, 2021, unless sooner terminated in writing and recorded in the Register of Deeds. In the event the term of the Energy Purchase and Collaboration Agreement dated May 25, 2021 ("EPCA") expires or is terminated prior to the date that is twenty-two (22) years after May 25, 2021, then. Grantor, or its successor in ownership of the Property conveyed herein, shall prepare and record a document in the office of the Register of Deeds of Wilson County which perpetually releases and terminates the restriction contained in this paragraph 1, and such shall be prepared such that it will be indexed so it is in the chain of title for the real Property conveyed herein. 2. The Grantee, or its successor, assign, or the party in possession of the Property, shall obtain all building permits for the Project on or before October 31, 2022 (the "Permit Deadline"). 3. The Grantee, or its successor, assign or the party in possession of the Property, shall complete all work on the Project in order to obtain a Certificate of Occupancy on or before September 30, 2024 (the "CO Deadline"). 4. In the event that the Grantee, or its successor, assign or the party in possession of the Property, should (i) fail to meet the Permit Deadline; or (ii) fail to meet the CO Deadline, Grantee does hereby grant and convey to Grantor the option to purchase the Property in accordance with the terms hereof (the "Repurchase Option"). zf any of the deadlines, described above are not timely met, Grantor shall then have forty-five (45) days from the applicable deadline, in which to notify Grantee of Grantor's intent to exercise the Repurchase Option (the "Option Exercise Date") at the same sale price paid by Grantee in the conveyance of the Property to Grantee and, in the event of such timely response, the closing of the purchase and sale of the Property shall take place within 90 days of the Option Exercise Date. In the event that timely Notice is not given by Grantor to Grantee, Grantor shall be deemed to have elected not to exercise the applicable Repurchase Option hereunder. The Repurchase Option shall expire and be of no further force or effect once the milestones noted in paragraphs 2 and 3 of these Deed Covenants and Restrictions are met, and at such time, at Grantee or its successor or assign's request, Grantor shall execute an acknowledgment in recordable form. memorializing that the Repurchase Option has expired. SW -PROJECT WATT 5. Approval of Conveyance. In the event that Grantee desires to sell or convey the Property to an unrelated third party prior to twenty-two (22) years from May 25, 2021, Grantee shall obtain Grantor's prior consent, which shall not be unreasonably withheld, conditioned, or delayed. Grantor shall provide notice to Grantee of its consent to the conveyance or disapproval of the conveyance; as the case may be, within forty-five (45) days from the date in which Grantor received notice of Grantee's desire to sell or convey the Property.. In the event that timely notice is not given by Grantor to Grantee, Grantor shall be deemed to have approved the conveyance, and Grantee shall be free to sell and convey the Property to such third party. In addition to the foregoing, in the event that Grantee desires to sell or convey the Property to an unrelated third party prior to the CO Deadline, then Grantor shall then have forty-five (45) days from the date in which Grantor received notice of Grantee's desire to sell or convey the Property in which to notify Grantee of Grantor's intent to repurchase the Property (the "Pre -CO Exercise Date") at the same sale price paid. by Grantee in the conveyance of the Property to Grantee and, in the event of such timely response, the closing of the purchase and sale of the Property shall take place within 90 days of the Pre -CO Exercise Date. In the event that timely Notice is not given by Grantor to Grantee, Grantor shall be deemed to have elected not to exercise the repurchase option described in this Section. In the event the term of the EPCA expires or is terminated prior to the date that is twenty- two (22) years after May 25, 2021, then Grantor, or its successor or assign in ownership of the Property conveyed herein, shall record a document in the office of the Register of Deeds of Wilson County which perpetually waives the requirement that the owner of the Property conveyed herein obtain Grantor's consent prior to selling or conveying the Property to an unrelated third party, and such shall be prepared so it will be indexed in the chain of title for the Property conveyed herein. 6. The Grantee, its successors and assigns, agree that the Property is conveyed "as is" as it relates to the Property's physical condition, and without any recourse as against Grantor for the environmental condition of the Property. The Grantee acknowledges that the Grantor makes no representations or express or implied warranties as to the suitability of the Property for the Grantee's intended uses. 7. Enforcement shall be by proceedings at law or in equity against any person, firm or corporation violating or attempting to violate any covenant, either to restrain such violation or attempted violation or to recover damages. 8,. The invalidation of any one of these covenants by judgment or court order shall in no way affect any of the remaining provisions, and all other provisions herein shall remain in full force and effect. SW -PROJECT WATT 9. All notices; demands and/or consents provided for in this Agreement shall be in writing and shall be delivered to the parties hereto by hand, by certified United States Mail with postage pre -paid and return receipt requested. Such notices shall be deemed to have been served on the date of hand delivery, or on the date mailed as required herein. All such notices and communications shall be addressed to Seller at PO Box 10, Wilson, NC 27894 and to Buyer 3697 North Main Street, Farmville, NC 27828, or at such other address as either may specify to the other in writing. SW-PRoJFC'f WATT Type: CRP Recorded: 9/15/2022 9:01:53 AM Fee Amt: $64.00 Page 1 of 17 Wilson, NC Lisa J. Stith Register of Deeds BK 2983 PG 560 - 576 Prepared by: West Town Bank & Trust 8450 Falls of Neuse Road, Suite 202 Raleigh, North Carolina 27615 After recording return to: Brodnan & Budd, LLC 999 Peachtree Street NE Suite 1105 Atlanta, Georgia 30309 Attention: Matthew P. Brodnan, Esq. STATE OF NORTH CAROLINA ) DEED OF TRUST, SECURITY AGREEMENT, ASSIGNMENT OF RENTS AND LEASES AND COUNTY OF WILSON 1 FIXTURE FILING COLLATERAL IS OR INCLUDES FIXTURES THIS DEED OF TRUST SECURES FUTURE ADVANCES Dated September 13, 2022 Grantor's Organizational Identification Number: 2220375 THIS INSTRUMENT COVERS GOODS THAT ARE OR ARE TO BECOME FIXTURES ON THE REAL PROPERTY DESCRIBED HEREIN. ACCORDINGLY, IN ADDITION TO ITS BEING FILED AS A DEED OF TRUST, IT SHOULD ALSO BE FILED AND INDEXED AS A FINANCING STATEMENT FILED AS A FIXTURE FILING PURSUANT TO SECTION 25-9- 502(c) AND RELATED PROVISIONS OF THE NORTH CAROLINA GENERAL STATUTES. THIS INSTRUMENT IS TO BE FILED AND INDEXED IN THE REAL ESTATE RECORDS AND IS ALSO TO BE INDEXED IN THE INDEX OF FINANCING STATEMENTS UNDER THE NAMES OF GRANTOR, AS "DEBTOR", AND BENEFICIARY, AS "SECURED PARTY." submitted electronically by "Investors Title Insurance company" in compliance with North Carolina statutes governing recordable documents and the terms of the submitter agreement with the Wilson county Register of Deeds. THIS DEED OF TRUST, SECURITY AGREEMENT, ASSIGNMENT OF RENTS AND LEASES AND FIXTURE FILING (this "Deed of Trust") is made and entered into as of September 13, 2022, by STOCKPORT LIMITED PARTNERSHIP, a North Carolina limited partnership, having an address of 3697 North Main Street, Farmville, North Carolina 27828 (together with its permitted successors and assigns, the "Grantor"), in favor of INVESTORS TITLE INSURANCE COMPANY, a North Carolina corporation, having an address of 121 North Columbia Street, Chapel Hill, North Carolina 27514, as trustee (the "Trustee"), for the benefit of WEST TOWN BANK & TRUST, an Illinois chartered bank (together with its successors and assigns, the "Lender" or "Beneficiary"), with an address at 8450 Falls of Neuse Road, Suite 202, Raleigh, North Carolina 27615. WITNESSETH: Pursuant to that certain Loan Agreement dated as of even date herewith (as the same may be amended, supplemented or otherwise modified from time to time, the "Loan Agreement"), by and between the Grantor (in such capacity, the "Borrower") and the Lender, the Lender has agreed to make a loan in the original principal aggregate amount of One Hundred Eighty Thousand and 00/100 Dollars ($180,000.00) (the "Loan") in order to finance the acquisition of the Property by the Grantor. The Loan is evidenced by that certain Promissory Note of the Borrower payable to the order of the Lender in the principal amount of $180,000.00, as the same may be amended, modified, replaced, restated or supplemented from time to time (the "Note"). The Loan shall bear interest as provided in the Loan Agreement on the principal amount of the Note from time to time outstanding, and the interest rates applicable to the Loan varies from time to time in accordance with the Note. Grantor is executing this Deed of Trust pursuant to the Loan Agreement. All capitalized terms used but not otherwise defined herein have the meanings provided in the Loan Agreement, the terms and provisions of which are incorporated herein by reference. In consideration of the indebtedness herein recited, and in further consideration of the premises and for the purposes herein recited, and to secure the payment, performance and observance by the Grantor of its obligations under this Deed of Trust and any other Loan Documents to which Grantor or Borrower is a parry, the Grantor does hereby grant, convey, bargain, sell, transfer, assign and set over to the Trustee and the Trustee's successors and assigns, in trust for the benefit of the Lender, all Grantor's right, title and interest in and to the following described land, real property interests, buildings, improvements, fixtures and other personal property: (a) All that tract or parcel of land and other real property interests in Wilson County, North Carolina more particularly described in Exhibit A attached hereto and made a part hereof (the "Land"), and all buildings and improvements of every kind and description now or hereafter erected or placed on the aforesaid Land (the "Improvements"), and all right, title and interest of the Grantor, now owned or hereafter acquired in and to (i) all streets, roads, alleys, easements, rights -of -way, licenses, rights of ingress and egress, vehicle parking rights and public places, existing or proposed, abutting, adjacent, used in connection with or pertaining to the Land or the Improvements; (ii) any strips or gores between the Land and abutting or adjacent property; (iii) all options to purchase the Land or the Improvements or any portion thereof or interest therein, and any greater estate in the Land or the Improvements; and (iv) all water and water rights, and mineral interests on or pertaining to the Land (the Land, Improvements and other rights, titles and interests referred to in this paragraph (a) being herein sometimes called the "Premises"); (b) All goods, machinery, equipment, fixtures, furnishings, building materials and tangible personal property of every kind now or hereafter located on, attached to or incorporated in and used in connection with the operation of the Premises whether now owned or hereafter acquired by the Grantor including, without being limited to: all structures, fixtures and appliances now or hereafter placed on the Premises, or used therewith; materials intended for construction, reconstruction, alteration and repair of 2 such Improvements now or hereafter erected thereon, all of which materials shall be deemed to be included within the premises hereby conveyed immediately upon the delivery thereof to the aforesaid Land, and all fixtures and articles of personal property now or hereafter owned by the Grantor and attached to or contained in and used in connection with the aforesaid Land and Improvements including, but not limited to, all furniture, furnishings, apparatus, machinery, equipment, motors, elevators, fittings, radiators, ranges, refrigerators, awnings, shades, screens, blinds, carpeting, office equipment and other furnishings and all plumbing, heating, lighting, cooking, laundry, ventilating, refrigerating, incinerating, air conditioning and sprinkler equipment, telephone systems, televisions and television systems, computer systems and fixtures and appurtenances thereto and all renewals or replacements thereof or articles in substitution thereof, whether or not the same are or shall be attached to the Land and Improvements in any manner (the "Accessories"); (c) All (i) plans and specifications for the Improvements; (ii) the Grantor's rights, but not liability for any breach by the Grantor, under all commitments, insurance policies, contracts and agreements for the design, construction, operation or inspection of the Improvements and other contracts (including but not limited to any contracts for the sale of any portion of the Premises) and general intangibles (including but not limited to trademarks, trade names, goodwill and symbols) related to the Premises or the Accessories or the operation thereof, (iii) deposits (including but not limited to the Grantor's rights in tenants' security deposits, deposits with respect to utility services to the Premises, and any deposits or reserves hereunder or under any other Loan Document for taxes, insurance or otherwise), rebates or refunds of impact fees or other taxes, assessments or charges, money, accounts, instruments, documents, notes and chattel paper arising from or by virtue of any transactions related to the Premises or the Accessories, and any account or deposit account from which the Grantor may from time to time authorize the Lender to debit and/or credit payments due with respect to the Secured Obligations (as defined below); (iv) permits, licenses, franchises, certificates, development rights, commitments and rights for utilities, and other rights and privileges obtained in connection with the Premises or Accessories; (v) leases, rents, royalties, bonuses, issues, profits, revenues and other benefits of the Premises or Accessories (without derogation of Article III hereof); and (vi) engineering, accounting, title, legal and other technical or business data concerning the Property (as defined below) which are in the possession of the Grantor or in which the Grantor can otherwise grant a security interest; (d) All compensation, judgments, damages, settlements, rights of action, proceeds of any award or claims, whether at law, in equity or otherwise, payable to the Grantor resulting from or in connection with (i) any damage to, loss of, trespass on, interference with, destruction of or failure to support the Premises; (ii) any taking of the Premises, any part thereof or interest therein, or damage to or loss of the Premises, any part thereof or interest therein from any governmental action not constituting a taking or (iii) any similar claim, demand, proceeding or action of any sort for interference with the rights of such Grantor to and in the Premises; (e) All casualty and condemnation proceeds; and (f) All (i) proceeds (cash or non -cash) of or arising from the properties, rights, titles and interests referred to in paragraphs (a), (b) (c), (d), and (e) above, including but not limited to proceeds of any sale, lease or other disposition thereof, proceeds of each policy of insurance relating thereto (including premium refunds), proceeds of the taking thereof or of any rights appurtenant thereto, including change of grade of streets, curb cuts or other rights of access, by condemnation, eminent domain or transfer in lieu thereof for public or quasi -public use under any law, and proceeds arising out of any damage thereto; and (ii) other interests of every kind and character which the Grantor now has or hereafter acquires in, to or for the benefit of the properties, rights, titles and interests referred to in paragraphs (a), (b) (c), (d), and (e) above and all property used or useful in connection therewith, including but not limited to rights of ingress and egress and remainders, reversions and reversionary rights or interests; and if the estate of the Grantor in any of the property referred to in paragraphs (a), (b) (c), (d), and (e) above is a leasehold estate, this conveyance shall include, and the lien and security interest created hereby shall encumber and extend to, all other or additional title, estates, interests or rights which are now owned or may hereafter be acquired by the Grantor in or to the property demised under the lease creating the leasehold estate; To HAVE AND HOLD the foregoing rights, interests and properties, and all rights, estates, powers and privileges appurtenant thereto (herein collectively called the "Property") unto the Trustee and the Trustee's successors and assigns, in trust, in fee simple forever, to secure the indebtedness herein recited and upon this special trust: that should the indebtedness secured hereby be paid according to the tenor and effect thereof when the same shall be due and payable and should the Grantor timely and fully discharge its obligations hereunder, then the Property shall be reconveyed to the Grantor or the title thereto shall be revested according to the provisions of law. For clarity, the term "Property" as defined in this Deed of Trust shall specifically exclude any property owned by any tenant or other party legally occupying the Land under any Lease (as defined in Section 3.1 below). The Grantor hereby grants to the Lender a security interest in all of the property described in paragraphs (a), (b) (c), (d), (e), and (f) above that constitutes personal property or fixtures (herein sometimes collectively called the "Collateral") to secure the Secured Obligations (as defined below). In addition to its right hereunder or otherwise, the Lender shall have all of the rights of a secured party under the North Carolina Uniform Commercial Code, or under the Uniform Commercial Code in force in any other state to the extent the same is applicable law. In consideration of the premises, and the sum of One Dollar ($1.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Grantor covenants, represents and agrees to and with the Trustee and the Lender as follows: ARTICLE I The Loan 1.1 Indebtedness. The indebtedness secured by this Deed of Trust is the result of Lender's making the Loan available to the Borrower pursuant to, and subject to the terms and conditions set forth in the Loan Agreement and the other Loan Documents. 1.2 Amount Secured. The grants of security contained in this Deed of Trust secure and enforce the payment and performance of the Grantor's obligations under this Deed of Trust, and Grantor's and Borrower's obligations under any other Loan Documents, all Obligations, and all indebtedness, liabilities, duties, covenants, promises and other obligations whether joint or several, direct or indirect, fixed or contingent, liquidated or unliquidated, and the cost of collection of all such amounts, owed by the Grantor to the Lender now or hereafter incurred or arising pursuant to or permitted by the provisions of the aforementioned documents (collectively, the "Secured Obligations", the "secured indebtedness", or the "indebtedness secured hereby"). 1.3 Future Advances; Maximum Amount Secured. This Deed of Trust is given wholly or partly to secure Grantor's and Borrower's obligations with respect to the repayment of certain future advances and/or future obligations that may be made or incurred under this Deed of Trust, the Loan Agreement, and the other Loan Documents. The maximum principal amount that may be secured by the Deed of Trust at any one time is ONE HUNDRED EIGHTY THOUSAND AND 00/100 DOLLARS ($180,000.00). Any additional amounts advanced by Beneficiary pursuant to the provisions of this Deed of Trust shall be deemed necessary expenditures for the protection of the security. The period within which future advances may be made and future obligations may be incurred, is the period between the date hereof 4 and the date twenty-four (24) months from the date of this Deed of Trust. All future advances and future obligations shall be considered to be made or incurred pursuant to the requirements of North Carolina General Statutes Section 45-67, et seq., and any amendments thereto. 1.4 Maturity Date. The maturity date of the Note, unless renewed or extended, is September 13, 2039. ARTICLE II Grantor's Covenants, Representations, Warranties And Agreements 2.1 Title to Property. The Grantor represents and warrants that it is seized of the Property in fee and has title to any appurtenant easements and interests described above and has the right to convey and encumber the same, that title to such property is free and clear of all liens, encumbrances and claims whatsoever, except those currently of record, and that it will warrant and defend the title to such property against the claims of all persons or parties. As to the Collateral, the Grantor represents and warrants that it has title to such property, free and clear of all liens, encumbrances, and claims whatsoever, except those currently of record, that it has the right to convey and encumber such property and that it will warrant and defend such property against the claims of all persons or parties. 2.2 Payment of Obligations. The Grantor will punctually pay all amounts owing under the Secured Obligations and all other secured indebtedness at the time and place and in the manner specified in the Loan Agreement, this Deed of Trust or the other Loan Documents to which Grantor is a party. 2.3 Taxes and Fees. If required by the Lender upon the occurrence and continuance of an Event of Default, subject to the terms and conditions of the Loan Agreement, the Grantor will pay to the Lender on the first day of each month together with and in addition to the regular installment of principal and interest, until the Secured Obligations are fully paid and satisfied, an amount equal to one -twelfth (1/12) of the yearly taxes and assessments as estimated by the Lender to be sufficient to enable the Lender to pay, at least thirty (30) days before they become delinquent, all taxes, assessments, and other similar charges against the Property or any part thereof. Such added payments shall not be, nor be deemed to be, trust funds, but may be commingled with the general funds of the Lender, and no interest shall be payable in respect thereof. Upon demand of the Lender, the Grantor agrees to deliver to the Lender such additional monies as are necessary to make up any deficiencies in the amounts necessary to enable the Lender to pay such taxes, assessments and similar charges. Upon the occurrence of an Event of Default, the Lender may apply to the reduction of the secured indebtedness, in such manner as the Lender shall determine, any amount under this Section 2.3 remaining to the Grantor's credit. 2.4 Other Taxes, Utilities and Liens. (a) The Grantor will pay or cause to be paid promptly, prior to delinquency, and will promptly, upon request by Lender, exhibit to the Lender receipts for the payment of, all real and personal property taxes, assessments, water rates, dues, charges, fines and impositions of every nature whatsoever imposed, levied or assessed or to be imposed, levied or assessed upon or against the Property or any part thereof, or upon the interest of the Lender in the Property (other than any of the same for which provision has been made in Section 2.3 hereof), as well as all income taxes, assessments and other governmental charges lawfully levied and imposed by the United States of America or any state, county, municipality, borough or other taxing authority upon the Grantor or in respect of the Property or any part thereof, or any charge which, if unpaid, would become a lien or charge upon the Property prior to or equal to the lien of this Deed of Trust for any amounts secured hereby or would have priority or equality with this Deed of Trust in distribution of the proceeds of any foreclosure sale of the Property or any part thereof, provided, however, the Grantor shall have the right to contest any such taxes, assessments, rates, dues, charges, fines or impositions in accordance with the terms and conditions of the Loan Agreement. (b) The Grantor will pay, prior to delinquency, all charges payable by Grantor to utility companies, whether public or private, for electricity, gas, water, sewer or other utilities. (c) The Grantor will promptly pay or cause to be paid and will not suffer any mechanics, laborer's, statutory or other lien which might or could be prior to or equal to the lien of this Deed of Trust to be created or to remain outstanding upon any of the Property; provided, however, such a lien may be filed against the Property if the execution or other enforcement of any such lien is and continues to be effectively stayed or bonded in a manner satisfactory to the Lender for the full amount thereof, the validity and amount of the lien secured thereby are being actively contested in good faith and by appropriate lawful proceedings and such liens do not, in the aggregate, materially detract from the value of the Property or materially impair the use thereof and the operation of the Grantor's business. 2.5 Reimbursement. The Grantor agrees that if it shall fail to pay or cause to be paid when due any tax, assessment or charge levied or assessed against the Property or any utility charge, whether public or private, or any insurance premium or if it shall fail to procure the insurance coverage and the delivery of the insurance certificates required hereunder or under the Loan Agreement, or if it shall fail to pay any other charge or fee required hereunder, then the Lender, at its option, may pay or procure the same. The Grantor will reimburse the Lender upon demand for any sums of money paid by the Lender pursuant to this Section, together with interest on each such payment at the highest rate set forth in the Loan Agreement. All such sums so expended by the Lender, and the interest thereon, shall become part of the secured indebtedness. 2.6 Further Assurances. The Grantor agrees to execute and deliver to the Lender, concurrently with the execution of this Deed of Trust and upon the request of the Lender from time to time hereafter, all financing statements and other documents required to perfect and maintain the security interest created hereby. The Grantor hereby irrevocably (as long as the Secured Obligations remain unpaid) makes, constitutes and appoints the Lender as the true and lawful attorney of the Grantor to sign the name of the Grantor (after the Grantor has failed or refused to timely execute such documents upon request of the Lender) on any financing statement, continuation or amendment of financing statement or similar document required to perfect or continue such security interests, it being understood and agreed that this power of attorney shall be a power coupled with an interest and cannot be revoked. 2.7 Secondary Financing; Sale or Encumbrance. There shall not exist at the time of the recording of this Deed of Trust, and while any of the Secured Obligations are outstanding, any secondary or supplemental financing, no other mortgage, lien, charge, pledge, hypothecation, or security interest upon the Property or any of the property (real or personal, tangible or intangible) encumbered by the Loan Documents, or in which the Lender otherwise has a security interest, or any agreement to grant any such interest, other than (i) liens or charges in favor of the Lender as contemplated by the Loan Documents, (ii) liens or charges which will be discharged from the proceeds of the Secured Obligations and (iii) liens or charges otherwise permitted under the Loan Agreement. The Grantor shall not, without the Lender's prior written consent, directly or indirectly, sell, transfer, convey, or lease all or any part of the Property or any interest therein, whether voluntary, involuntary, or by operation of law, and shall not suffer or permit the same, except for the Leases in effect as of the date hereof (if any) and as otherwise may be permitted under the Loan Agreement. Notwithstanding the preceding sentence, a taking of a portion of the Property by eminent domain (or a conveyance in lieu thereof) will not be considered a violation of this Section so long as (i) no portion of any building is taken (or so conveyed); (ii) after such taking (or such conveyance) the Property still complies with all laws, ordinances, permits, and regulations of any federal, state, or other Ce political subdivision, agency, commission, bureau, or court exercising jurisdiction over the Grantor or the Property (including all zoning and parking requirements); (iii) the Lender, in exercise of its reasonable judgment determines that such taking (or such conveyance) will not have a material adverse effect on the operation or leasing of the Property; and (iv) such taking (or such conveyance) will not give any tenant the right to terminate its lease or not pay its rent. The Grantor shall not subdivide the Property or dedicate any portion of the Property to public ownership other than as may be permitted under the Loan Agreement, without the prior written consent of the Lender. 2.8 Fees and Expenses. The Grantor will pay or reimburse the Lender and the Trustee for all reasonable attorneys' fees (based on actual time incurred at the attorneys' customary hourly rates), costs and expenses incurred by the Lender or the Trustee in any action, legal proceeding or dispute of any kind which affects the Secured Obligations, the interest created herein, the Property, the Collateral, the Leases or the Rents, including but not limited to, any foreclosure of this Deed of Trust, enforcement of payment of the Secured Obligations and other secured indebtedness, any condemnation action involving the Property, any bankruptcy proceeding or any action to protect the security hereof. Any such amounts paid by the Lender shall be due and payable upon demand and shall become part of the secured indebtedness. 2.9 Maintenance of Property. The Grantor will abstain from and will not knowingly permit the commission of waste in or about the Property and will maintain the Property in good condition and repair, reasonable wear and tear excepted. 2.10 Compliance with Law. The Grantor will do, or cause to be done, all such things as may be required to keep the Property in compliance with applicable laws, regulations and orders as required by the Loan Agreement. 2.11 Inspection. The Grantor will permit the Lender, or its agents, to enter and pass through or over the Property for the purpose of appraising, inspecting or evaluating the same on the terms and conditions set forth in the Loan Agreement. 2.12 Releases and Waivers. The Grantor agrees that no release by the Lender of any of the Grantor's successors in title from liability on the secured indebtedness, no release by the Lender of any portion of the Property, the Collateral, the Rents or the Leases, no subordination of lien, no forbearance on the part of the Lender to collect on the secured indebtedness or any part thereof, no waiver of any right granted or remedy available to the Lender and no action taken or not taken by the Lender shall in any way diminish the Grantor's obligation to the Lender or have the effect of releasing the Grantor or any of its successors, as the case may be, from full responsibility to the Lender for the complete discharge of each and every of the Grantor's obligations hereunder or under the Loan Agreement, the other Loan Documents, or any other secured indebtedness. 2.13 Insurance and Casualty Events. The Grantor shall obtain and maintain, or shall cause to be obtained and maintained, all insurance as required under the Loan Agreement. Upon a casualty event, any insurance proceeds, proceeds of a condemnation award or other compensation shall be applied in accordance with the Loan Agreement. 2.14 Appraisal. The Lender may obtain from time to time, an appraisal of all or any part of the Property in accordance with the Loan Agreement. 2.15 Indemnification. Grantor shall protect, indemnify and save harmless Lender and Trustee from and against all losses, liabilities, obligations, claims, damages, penalties, causes of action, costs and expenses (including attorneys' fees and expenses) imposed upon or incurred by Lender and/or Trustee for reason of any and all liability arising from (a) any of the Leases or any negligence in the management, 7 operation, upkeep, repair or control of the Property resulting in loss or injury or death to any tenant, occupant, licensee, employee or stranger, or (b) performing any act required or permitted by this Deed of Trust or by law or because of any failure of Grantor to perform any of its obligations; provided, however, in no event shall Grantor be required to indemnify Lender or Trustee against losses, liabilities, obligations, claims, damages, penalties, causes of action, costs or expense which arise solely out of the gross negligence or willful misconduct of the Lender or the Trustee as determined by a court of competent jurisdiction in a final and nonappealable judgment. In the event Lender or Trustee incurs any liability, loss or damage arising out of or in any way relating to the transactions contemplated by the Loan Documents (including any of the matters referred to in this Section 2.15), the amounts of such liability, loss or damage shall be added to the Secured Obligations, shall bear interest at the interest rate specified in the Loan Agreement from the date incurred until paid and shall be payable on demand. This agreement by Grantor to indemnify Trustee and Beneficiary shall survive the release and cancellation of any or all of the Secured Obligations and the full or partial release and/or reconveyance of this Deed of Trust. Without limitation of the foregoing, Beneficiary shall not be directly or indirectly liable to Grantor or any other Person as a consequence of any of the following: (i) Beneficiary's exercise of or failure to exercise any rights, remedies or powers granted to it in this Deed of Trust; (ii) Beneficiary's failure or refusal to perform or discharge any obligation or liability of Grantor under any agreement related to the Property or under this Deed of Trust; (iii) Beneficiary's failure to produce Rents from the Property or to perform any of the obligations of the lessor under any lease covering the Property; (iv) any waste committed by lessees of the Property or any other parties, or any dangerous or defective condition of the Property; or (v) any loss sustained by Grantor or any third party resulting from any act or omission of Beneficiary in operating or managing the Property upon exercise of the rights or remedies afforded Beneficiary under Paragraph 6.3, unless the loss is caused by the willful misconduct or gross negligence of Beneficiary as determined by a court of competent jurisdiction in a final and nonappealable judgment. Grantor hereby expressly waives and releases all liability of the types described above, and agrees that no such liability shall be asserted against or imposed upon Beneficiary. 2.16 Taxes on Note and Deed of Trust. The Grantor will promptly pay all income, franchise and other taxes owing by the Grantor and any stamp, documentary, recordation and transfer taxes or other taxes (unless such payment by the Grantor is prohibited by law) which may be required to be paid with respect to the Secured Obligations, this Deed of Trust or any other instrument evidencing or securing any of the secured indebtedness. In the event of the enactment after this date of any law of any governmental entity applicable to the Lender, the Secured Obligations, the Property, this Deed of Trust or the other Loan Documents deducting from the value of property for the purpose of taxation any lien or security interest thereon, or imposing upon the Lender the payment of the whole or any part of the taxes or assessments or charges or liens herein required to be paid by the Grantor, or changing in any way the laws relating to the taxation of deeds of trust or mortgages or security agreements or debts secured by deeds of trust or mortgages or security agreements or the interest of the mortgagee or secured party in the property covered thereby, or the manner of collection of such taxes, so as to affect this Deed of Trust or the indebtedness secured hereby or the Lender, then, and in any such event, the Grantor, upon demand by the Lender, shall pay or cause to be paid such taxes, assessments, charges or liens, or reimburse the Lender therefor; provided, however, that if in the opinion of counsel for the Lender (i) it might be unlawful to require the Grantor to make such payment or (ii) the making of such payment might result in the imposition of interest beyond the maximum amount permitted by law, then and in such event, the Grantor shall not be required to pay any such taxes. 2.17 Authorization to File Financing Statements; Power of Attorney. The Grantor hereby authorizes the Lender at any time and from time to time to file any initial financing statements, amendments thereto and continuation statements with or without signature of the Grantor as authorized by applicable law, as applicable to all or part of the Collateral. For purposes of such filings, the Grantor agrees to furnish any information requested by the Lender promptly upon request therefor by the Lender. The Grantor also ratifies its authorization for the Lender to have filed any like initial financing statements, amendments thereto or continuation statements, if filed prior to the date of this Deed of Trust. The Grantor hereby irrevocably constitutes and appoints the Lender and any officer or agent of the Lender, with full power of substitution, as its true and lawful attorneys -in -fact, with full irrevocable power and authority in the place and the stead of the Grantor or in the name of the Grantor to execute in the name of the Grantor any such documents and otherwise to carry out the purposes of this Section 2.17, to the extent that the authorization above by the Grantor is not sufficient. To the extent permitted by law, the Grantor hereby ratifies all acts said attorneys -in -fact have lawfully done in the past or shall lawfully do or cause to be done in the future by virtue hereof. This power of attorney is a power coupled with an interest and shall be irrevocable. ARTICLE III Assignment Of Rents And Leases 3.1 Assignment. The Grantor hereby assigns to the Lender all Rents (hereinafter defined) and all of the Grantor's rights in and under all Leases (hereinafter defined). So long as no Event of Default has occurred and is continuing, the Grantor shall have a license (which license shall terminate automatically and without further notice upon the occurrence of an Event of Default) to collect, but not prior to accrual, the Rents under the Leases, such Rents to be held in trust for the Lender. Each month, provided no Event of Default has occurred and is continuing, the Grantor may retain such Rents as were collected that month and held in trust for the Lender. Upon the revocation of such license, all Rents shall be paid directly to the Lender and not through the Grantor, all without the necessity of any further action by the Lender, including, without limitation, any action to obtain possession of the Land, Improvements or any other portion of the Property or any action for the appointment of a receiver. The Grantor hereby authorizes and directs the tenants under the Leases to pay Rents to the Lender upon written demand by the Lender, without further consent of the Grantor, without any obligation of such tenants to determine whether an Event of Default has in fact occurred and regardless of whether the Lender has taken possession of any portion of the Property, and the tenants may rely upon any written statement delivered by the Lender to the tenants. Any such payments to the Lender shall constitute payments to the Grantor under the Leases, and the Grantor hereby irrevocably appoints the Lender as its attorney -in -fact to do all things, during the continuation of an Event of Default, that the Grantor might otherwise do with respect to the Property and the Leases thereon, including, without limitation, (i) collecting Rents with or without suit and applying the same, less expenses of collection, to any of the secured indebtedness or to expenses of operating and maintaining the Property (including reasonable reserves for anticipated expenses), at the option of the Lender, all in such manner as may be determined by the Lender, or at the option of the Lender, holding the same as security for the payment of the secured indebtedness, (ii) after providing written notice thereof to the Grantor at least ten (10) Business Days prior to doing so, leasing, in the name of the Grantor, the whole or any part of the Property which may become vacant, and (iii) employing agents therefor and paying such agents reasonable compensation for their services. The curing of such Event of Default, unless other Events of Default also then exist, shall entitle the Grantor to recover its aforesaid license to do any such things that the Grantor might otherwise do with respect to the Property and the Leases thereon and to again collect and retain such M Rents. The powers and rights granted in this Section 3.1 shall be in addition to the other remedies herein provided for upon the occurrence of an Event of Default and may be exercised independently of or concurrently with any of said remedies. Nothing in the foregoing shall be construed to impose any obligation upon the Lender to exercise any power or right granted in this Section 3.1 or to assume any liability under any Lease of any part of the Property and no liability shall attach to the Lender for failure or inability to collect any Rents under any such Lease. The assignment contained in this Section 3.1 shall become null and void upon the release of this Deed of Trust. As used herein: (i) "Lease" means each existing or future lease, sublease (to the extent of the Grantor's rights thereunder) or other agreement under the terms of which any person has or acquires any right to occupy or use the Property, or any part thereof, or interest therein, and each existing or future guaranty of payment or performance thereunder, and all extensions, renewals, modifications and replacements of each such lease, sublease, agreement or guaranty; and (ii) "Rents" means all of the rents, revenue, income, issues, profits and proceeds payable to the Grantor arising from the use or enjoyment of any portion thereof or from any Lease, including but not limited to the proceeds from any negotiated Lease termination or buy out of such Lease, liquidated damages following default under any such Lease, all proceeds payable under any policy of insurance covering loss of rents resulting from untenantability caused by damage to any part of the Property, and all of the Grantor's rights to recover monetary amounts from any tenant in bankruptcy including, without limitation, rights of recovery for use and occupancy and damage claims arising out of Lease defaults, including rejections, under any applicable bankruptcy, insolvency, liquidation, receivership, reorganization, arrangement, composition, extension or adjustment of debts or similar laws affecting the rights of creditors, and all proceeds and other amounts paid or owing to the Grantor under or pursuant to any and all contracts and bonds relating to the construction, renovation or repair of the Property. 3.2 Covenants, Representations and Warranties Concerning Leases and Rents. The Grantor covenants, represents and warrants that: (a) the Grantor has or will have good title to, and is or will be the owner of the entire landlord's interest in, the Leases and Rents hereby assigned, and has the authority to assign them; (b) all Leases are or will be valid and enforceable, and in full force and effect, and are unmodified except as stated therein; (c) the Grantor is not in default under its Lease (and no event has occurred which with the passage of time or notice or both would result in a default under its Lease) or is the subject of any bankruptcy, insolvency or similar proceeding; (d) the Grantor shall perform all of its obligations under the Leases and enforce the tenants' obligations under the Leases to the extent enforcement is prudent under the circumstances; (e) the Grantor will not without the prior written consent of the Lender enter into any Lease after the date hereof, or waive, release, discount, setoff, compromise, reduce or defer any Rent, receive or collect Rents more than one (1) month in advance, reduce any Lease term or waive, release or otherwise modify any other material obligation under any Lease, renew or extend any Lease except in accordance with a right of the tenant thereto in such Lease, approve or consent to an assignment of a Lease or a subletting of any part of the Property covered by a Lease, or settle or compromise any claim against a tenant under a Lease in bankruptcy or otherwise; (f) the Grantor will not, without the prior written consent of the Lender, terminate or consent to the cancellation or surrender of any Lease having an unexpired term of one (1) year or more; (g) the Grantor shall as often as requested by the Lender, within ten (10) days of each request, deliver to the Lender a complete rent roll of a particular property in such detail as the Lender may reasonably require; and (h) promptly upon request by the Lender, the Grantor shall deliver to the Lender executed originals of all Leases and copies of all records relating thereto. 3.3 No Liability of Lender. The Lender's acceptance of this assignment shall not be deemed to constitute the Lender a "mortgagee in possession," nor obligate the Lender to appear in or defend any proceeding relating to any Lease or to the Property, or to take any action hereunder, expend any money, incur any expenses, or perform any obligation or liability under any Lease, or assume any obligation for any deposit delivered to the Grantor by any tenant and not as such delivered to and accepted by the Lender. The Lender shall not be liable for any injury or damage to person or property in or about the Property, or for the Lender's failure to collect or to exercise diligence in collecting Rents, but shall be accountable only 10 for Rents that it shall actually receive. Neither the assignment of Leases and Rents nor enforcement of the Lender's rights regarding Leases and Rents (including collection of Rents) nor possession of the Property by the Lender nor the Lender's consent to or approval of any Lease (nor all of the same), shall render the Lender liable on any obligation under or with respect to any Lease or constitute affirmation of, or any subordination to, any Lease, occupancy, use or option. If the Lender seeks or obtains any judicial relief regarding Rents or Leases, the same shall in no way prevent the concurrent or subsequent employment of any other appropriate rights or remedies nor shall same constitute an election of judicial relief for any foreclosure or any other purpose. The Lender neither has nor assumes any obligations as lessor or landlord with respect to any Lease. The rights of the Lender under this Article III shall be cumulative of all other rights of the Lender under the Loan Documents or otherwise. ARTICLE IV Events Of Default 4.1 Events of Default. An "Event of Default" shall be (i) the occurrence of an Event of Default under the Loan Agreement, (ii) the Grantor's failure to comply with Section 2.7 hereof, or (iii) the Grantor's failure to perform, observe or comply with any of the other covenants, terms or conditions of this Deed of Trust and such failure remains unremedied for 30 days after the earlier of (A) any officer or manager of the Grantor becomes aware of such failure, or (B) notice thereof shall have been given to the Grantor by the Lender. ARTICLE V Foreclosure 5.1 Acceleration of Secured Obligations; Foreclosure. Upon the occurrence and during the continuance of any Event of Default, the entire balance of the Secured Obligations, including all accrued interest and all other sums secured hereby, shall, at the option of the Lender, become immediately due and payable. Upon failure to pay the Secured Obligations and any other secured indebtedness in full at any stated or accelerated maturity, the Lender may direct the Trustee to (and the Trustee shall, if so directed) foreclose the lien of this Deed of Trust pursuant to the power of sale hereby granted or by judicial proceeding. 5.2 Power of Sale. The Trustee is hereby granted a power of sale and may sell the Property (together with the Collateral), or such part or parts thereof or interests therein as the Lender may select, at public auction to the highest bidder for cash, after first having given such notice of hearing as to commencement of foreclosure proceedings and obtained such findings or leave of court as then may be required by law and then having given such notice and advertised the time and place of such sale in such manner as then may be provided by law, and upon such sale and any resale and upon compliance with the law then relating to foreclosure proceedings, to convey title to the purchaser in fee simple. The Grantor agrees that in the event of a sale hereunder, the Lender shall have the right to bid at such sale and shall have the right to credit the indebtedness secured hereby against the purchase price. The Trustee may require the successful bidder at any sale to deposit immediately with the Trustee cash or certified check in an amount up to five percent (5%) of the bid provided notice of such deposit requirement is published as required by law. The bid may be rejected if the deposit is not immediately made. Pursuant to Section 25-9-604(a), (b) and (c) of the North Carolina General Statutes (or any amendment thereto), the Trustee is expressly authorized and empowered to expose to sale and sell, together with the Premises, any portion of the Property which constitutes personal property, including without limitation the Collateral. If personal property is sold hereunder, it need not be at the place of sale. The Property may be sold as a whole or as separate parcels, and such sales may be conducted simultaneously or otherwise, all as the Trustee, in its reasonable discretion, 11 deems to be in the best interest of the parties. Should the Trustee elect to sell the Property as separate parcels, the exercise of the power of sale with respect to one or more of such parcels shall not extinguish or otherwise affect the right to exercise the power of sale with respect to the remainder of the Property. 5.3 Proceeds of Sale; Trustees Fees. Following a foreclosure sale, the Trustee shall deliver to the purchaser the Trustee's deed (and bill of sale as to any personalty) conveying the property so sold without any covenant or warranty, expressed or implied. The recitals in the Trustee's deed shall be prima facie evidence of the statements made therein. The Trustee shall apply the proceeds of such sale in accordance with the requirements of applicable laws and to the extent consistent therewith, in the following order: (a) to all costs and expenses of the sale (including, but not limited to, all reasonable attorneys' fees and legal expenses, advertising costs, auctioneer's fees, and costs of title rundowns and lien searches, inspection fees) and a reasonable fee to the Trustee; (b) to the payment of the Secured Obligations, including specifically without limitation the principal, accrued interest and attorneys' fees due and unpaid on the Secured Obligations and the amounts due and unpaid and owed to the Lender under this Deed of Trust; and (c) the excess, if any, to the person or persons legally entitled thereto. If a foreclosure proceeding is commenced by the Trustee but terminated prior to its completion, the Grantor shall pay all expenses incurred by the Trustee, including attorneys' fees, and a reasonable fee to the Trustee. ARTICLE VI Additional Rights And Remedies Of Lender 6.1 Rights upon an Event of Default. Upon the occurrence and continuance of any Event of Default, the Lender, immediately and without additional notice and without liability therefor to the Grantor, may do or cause to be done any or all of the following: (a) take physical possession of the Property; (b) exercise its right to collect the Rents and any profits; (c) enter into contracts for the completion, repair and maintenance of the Improvements, as applicable; (d) expend loan funds and other funds constituting Secured Obligations and any rents, income and profits derived from the Property for payment of any taxes, insurance premiums, assessments and charges for completion, repair and maintenance of the Improvements, preservation of the lien of this Deed of Trust and satisfaction and fulfillment of any liabilities or obligations of the Grantor arising out of or in any way connected with the construction, repair or maintenance of the Improvements on the Property whether or not such liabilities and obligations in any way affect, or may affect, the lien of this Deed of Trust; (e) take such steps to protect and enforce the specific performance of any covenant, condition or agreement in the Loan Agreement, this Deed of Trust or the other Loan Documents, or to aid the execution of any power herein granted; and (f) generally, supervise, manage, and contract with reference to the Property as if the Lender were equitable owner of the Property. Notwithstanding the occurrence of an Event of Default or acceleration of the secured indebtedness, the Lender shall continue to have the right to pay money, whether or not funds are available under the Secured Obligations, for the purposes described in Sections 2_3 2_5, 2_8 and 2.13 hereof, and all such payments and interest thereon shall be secured hereby. The Grantor also agrees that any of the foregoing rights and remedies of the Lender may be exercised at any time independently of the exercise of any other such rights and remedies, and the Lender may continue to exercise any or all such rights and remedies until the Event(s) of Default are cured with the consent of the Lender or until foreclosure and the conveyance of the Property to the highest bidder or until the Secured Obligations and all other secured indebtedness are otherwise satisfied or paid in full. 6.2 Appointment of Receiver. Upon the occurrence and continuance of an Event of Default, the Lender shall be entitled, without notice to the Grantor or any other party and without regard to the adequacy of any security for the Secured Obligations or the solvency of any party bound for its payment, to the appointment of a receiver to take possession of and to operate the Property, and to collect the rents, issues, profits, and income thereof, and all amounts collected by the receiver shall, after expenses of the 12 receivership (including reasonable attorneys' fees of the receiver) be applied to the payment of the indebtedness secured hereby. The receiver shall have all rights and powers permitted under the laws of the state where the Property is located and such other powers as the court making such appointment shall confer. The expenses, including receiver's fees, attorney's fees, costs and agent's compensation, incurred pursuant to the powers herein contained shall be secured by this Deed of Trust. The right to enter and take possession of and to manage and operate the Property, and to collect the rents, issues and profits thereof, whether by a receiver or otherwise, shall be cumulative to any other right or remedy hereunder or afforded by law, and may be exercised concurrently therewith or independently thereof. The Lender shall be liable to account only for such rents, issues and profits actually received by the Lender, whether received pursuant to this Section 6.2 or Section 6.1. Notwithstanding the appointment of any receiver or other custodian, the Lender shall be entitled as secured party hereunder to the possession and control of any cash, deposits, or instruments at the time held by, or payable or deliverable under the terms of this Deed of Trust, to the Lender. 6.3 Waiver of Certain Rights. To the full extent the Grantor may do so, the Grantor agrees that the Grantor will not at any time insist upon, plead, claim or take the benefit or advantage of any law now or hereafter in force providing for any appraisement, valuation, stay, extension or redemption, homestead, moratorium, reinstatement, marshaling or forbearance, and the Grantor, for the Grantor, the Grantor's heirs, devisees, representatives, successors and assigns, and for any and all persons ever claiming any interest in the Property, to the extent permitted by applicable law, hereby waives and releases all rights of redemption, valuation, appraisement, stay of execution, notice of intention to mature or declare due the whole of the secured indebtedness, notice of election to mature or declare due the whole of the secured indebtedness and all rights to a marshaling of assets of the Grantor, including the Property, or to a sale in inverse order of alienation in the event of foreclosure of the liens and/or security interests hereby created. The Grantor shall not have or assert any right under any statute or rule of law pertaining to the marshaling of assets, sale in inverse order of alienation, the exemption of homestead, the administration of estates of decedents, or other matters whatsoever to defeat, reduce or affect the right of the Lender under the terms of this Deed of Trust to a sale of the Premises for the collection of the secured indebtedness without any prior or different resort for collection, or the right of the Lender under the terms of this Deed of Trust to the payment of the secured indebtedness out of the proceeds of sale of the Property in preference to every other claimant whatsoever. The Grantor waives any right or remedy which the Grantor may have or be able to assert pursuant to any provision of North Carolina law, including, but not limited to, the rights or remedies set forth in North Carolina Gen. Stat. §26-7, et. seq., pertaining to the rights and remedies of sureties. If any law referred to in this Section and now in force, of which the Grantor or the Grantor's heirs, devisees, representatives, successors or assigns or any other persons claiming any interest in the Premises might take advantage despite this Section, shall hereafter be repealed or cease to be in force, such law shall not thereafter be deemed to preclude the application of this Section. 6.4 Remedies Cumulative. All remedies provided in this Deed of Trust, in the Loan Agreement, and in the other Loan Documents are cumulative and may, at the election of the Lender, be exercised alternatively, successively, or in any manner and are in addition to any other rights provided by law. 6.5 Suits to Protect the Property. The Lender and the Trustee shall have power (a) to institute and maintain such suits and proceedings as they may deem expedient to prevent any impairment of the Property, the Collateral, the Rents or the Leases by any acts which may be unlawful or any violation of this Deed of Trust, (b) to preserve or protect their interest in the Property, the Collateral, the Rents and the Leases, and (c) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with, such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of the Lender. 13 ARTICLE VII General Conditions 7.1 Substitution/Resignation of Trustee. The Lender shall have the irrevocable right to remove the Trustee herein named or any successor trustee without notice or cause and to appoint a successor Trustee by an instrument in writing, duly acknowledged, in such form as to entitle such written instrument to be recorded in the Registers of Deeds of Wilson County, North Carolina, and in the event of the death, incapacity or resignation of the Trustee herein named or any successor trustee, the Lender shall have the right to appoint a successor thereto by such written instrument; and each new Trustee immediately upon recordation of such instrument shall become successor in title to the Property for the uses and purposes of this Deed of Trust, with all the powers, duties and obligations conferred on the original Trustee in the same manner and to the same effect as though he were named herein as the Trustee. Trustee may resign at any time upon giving 30 days' notice to Borrower and to Lender. 7.2 Terms. The singular used herein shall be deemed to include the plural; the masculine deemed to include the feminine and neuter; and the named parties deemed to include their heirs, successors and assigns. The term "Lender" shall include any payee of the indebtedness secured hereby or any transferee thereof whether by operation of law or otherwise. 7.3 Notices. All notices required to be given shall be in writing and delivered personally, by registered or certified United States mail, or by Federal Express or other similar national overnight courier, and shall be deemed served at the earlier of (i) actual receipt by the intended recipient or (ii) three (3) business days following deposit when sent by mail or overnight courier, and addressed to the parties at the following addresses, or such other addresses as may from time to time be designated by written notice given as herein required: To the Grantor: Stockport Limited Partnership 3697 North Main Street Farmville, North Carolina 27828 Attention: Bob Nahiddi and Richard Deming With a copy to: Greenberg Traurig 77 West Wacker Drive, Suite 3100 Chicago, Illinois 60601 Attention: Aleiandra Garcia Earley To the Lender: West Town Bank & Trust Attn: Riddick Skinner, EVP 8450 Falls of Neuse Road, Suite 202 Raleigh, North Carolina 27615 With a copy to: Brodnan & Budd, LLC 999 Peachtree Street NE, Suite 1105 Atlanta, Georgia 30309 Attention: Matthew Brodnan All fees or expenses of mail or overnight courier shall be paid by the sender. Personal delivery to a party or to any officer, member, agent or employee of such party at its address herein shall constitute receipt. Rejection or other refusal to accept or inability to deliver because of changed address of which no notice 14 has been received shall also constitute receipt. Notwithstanding the foregoing, no notice of change of address shall be effective until the date of receipt thereof. 7.4 Greater Estate. In the event that the Grantor is the owner of a leasehold estate with respect to any portion of the Property and, prior to the satisfaction of the Secured Obligations and the cancellation of this Deed of Trust of record, the Grantor obtains a fee estate in such portion of the Property, then such fee estate shall automatically, and without further action of any kind on the part of the Grantor, be and become subject to the security lien of this Deed of Trust. 7.5 Invalidation of Provisions. Invalidation of any one or more of the provisions of this Deed of Trust shall in no way affect any of the other provisions hereof, which shall remain in full force and effect. 7.6 Headings. The captions and headings herein are inserted only as a matter of convenience and for reference and in no way define, limit, or describe the scope of this Deed of Trust or the intent of any provision hereof. 7.7 Governing Law. This Deed of Trust shall be governed by and construed under the laws of the State of North Carolina. 7.8 No Third -Party Beneficiary_. The Grantor and the Lender acknowledge that this Deed of Trust is made solely for the benefit of the Grantor and the Lender, and no other third party should or may assume that any third -parry beneficiary rights are extended or created hereby. 7.9 Successors and Assigns. The terms, provisions, covenants and conditions hereof shall be binding upon the Grantor, and the heirs, devisees, representatives, successors and assigns of the Grantor, and shall inure to the benefit of the Trustee and the Lender and shall constitute covenants running with the Land. All references in this Deed of Trust to the Grantor shall be deemed to include all such heirs, devisees, representatives, successors and assigns of the Grantor. 7.10 No Liability of Trustee. The Trustee shall not be liable for any error of judgment or act done by the Trustee in good faith, or be otherwise responsible or accountable under any circumstances whatsoever (including the Trustee's negligence), except for the Trustee's gross negligence or willful misconduct. The Trustee shall have the right to rely on any instrument, document or signature authorizing or supporting any action taken or proposed to be taken by the Trustee hereunder, believed by the Trustee in good faith to be genuine. All moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated in any manner from any other moneys (except to the extent required by law), and the Trustee shall be under no liability for interest on any moneys received by the Trustee hereunder. The Grantor hereby ratifies and confirms any and all acts which the herein named the Trustee or its successor or successors, substitute or substitutes, in this trust, shall do lawfully by virtue hereof The Grantor will reimburse the Trustee for, and save the Trustee harmless against, any and all liability and expenses which may be incurred by the Trustee in the performance of its duties. The foregoing indemnity shall not terminate upon discharge of the secured indebtedness or foreclosure, or release or other termination, of this Deed of Trust. 7.11 Compensation of Trustee. The Grantor agrees to pay the reasonable fees and expenses incurred by Trustee for legal counsel and other professional advisors in connection with Trustee's performance of its duties hereunder, including Trustee's rendering of services in connection with a reconveyance. Trustee hereby waives any statutory fee or compensation for services rendered thereunder. [SIGNATURE AND NOTARY ON NEXT PAGE] 15 IN WITNESS WHEREOF, Grantor has executed this Deed of Trust as of the date first above written. STOCKPORT LIMITED PARTNERSHIP, a North Carolina limited partnership By, EfW GP L,LC, a North Carolina limited liability company, its general partner By: 'ram < Name: Richard Deming Title: Manager STATE OF NORTH CAROLINA SS, COUNTY OF _ ) On this day of , before me, a Notary Public in and for said State, personally appeared Richard Deming, the Manager of EifW GP LLC, a North Carolina limited liability company, which is the general partner of Stockport Limited Partnership, a North Carolina limited partnership, known to me to be the person who executed this Deed of Trust on behalf of said company, and acknowledged to me that he executed the same for the purposes therein stated.. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal in the County or City and State aforesaid, the day and year first above written. (SEAL)z official si ture of Notary) KELLY RENEE GOODMAN (Notar ' printedortypedn Notary Public My Commission Expires. North Carolina Pitt County Signature and Notary Page to Deed of Trust EXHIBIT A TO DEED OF TRUST, SECURITYAGREEMENT, ASSIGNMENT OFRENTS AND LEASESAND FIXTURE FILING Lying and being situate in Wilson County, North Carolina, and being more particularly described as follows: Being all of that tract described as "Portion of Tract 1" containing 10.840 acres as shown on map entitled Stockport Limited Partnership, dated November 21, 2021, and recorded in Plat Book 43 at Pages 271 and 272, Wilson County Registry, North Carolina. Together with easement rights in an Easement Agreement recorded in Book 2983 at Page 512 Wilson County Registry, North Carolina. Prepared by: West Town Bank & Trust 9450 Falls of Neuse Road, Suite 202 Raleigh, North Carolina 27615 After recording return to: Brodnan & Budd, LLC 999 Peachtree Street NE Suite 1105 Atlanta, GA 30309 Attention: Matthew P. Brodnan, Esq, Type: CRP Recorded: 9/15/2022 9:01:57 AM Fee Amt: $26.00 Page 1 of 9 Wilson, NC Lisa J. Stith Register of Deeds BK 2983 PG 577 - 585 SPACE ABOVE THIS LINE RESERVED FOR RECORDERS USE ABSOLUTE ASSIGNMENT OF LEASES AND RENTS THIS ABSOLUTE ASSIGNMENT OF LEASES AND RENTS is made effective as of September 13, 2022 (together with any amendments or modifications hereto in effect from time to time, the "Assignment"), by STOCKPORT LIMITED PARTNERSHIP, a North Carolina limited partnership, having an office at 3697 North Main Street, Farmville, North Carolina 27828 ("Assignor"), in favor of WEST TOWN BANK & TRUST, an Illinois chartered bank, having an office at 8450 Falls of Neuse Road, Suite 202, Raleigh, North Carolina 27615, Attn: Riddick Skinner ("Assignee"). WITNESSETH: 1. GRANT OF ASSIGNMENT. For good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, Assignor hereby absolutely and presently conveys, transfers and assigns to Assignee, all of the right, title, and interest of Assignor now existing or hereafter arising in and to: 1.1. All leases, subleases, tenancies, licenses, occupancy agreements or agreements to lease all or any portion of the property described on Exhibit A attached hereto (the "Property"), together with any extensions, renewals, amendments, modifications or replacements thereof, and any options, rights of first refusal or guarantees of any tenant's obligations under any lease now or hereafter in effect (individually, a "Lease" and collectively, the "Leases"); submitted electronically by "Investors Title Insurance company" in compliance with North Carolina statutes governing recordable documents and the terms of the submitter agreement with the Wilson county Register of Deeds. 1.2. All rents, income, receipts, revenues, reserves, issues and profits arising under any Lease including, without limitation, minimum rents, additional rents, percentage rents, parking, maintenance and deficiency rents (together with the items described in sections 1.3., 1.4. and 1.5. below, the "Rents"); 1.3. All awards and payments of any kind derived from or relating to any Lease including, without limitation: (i) claims for the recovery of damages to the Property by proceeds of any policy of insurance or otherwise, or for the abatement of any nuisance existing thereon; (ii) claims for damages resulting from acts of insolvency or bankruptcy or otherwise; (iii) lump sum payments for the cancellation or termination of any Lease, the waiver of any term thereof, or the exercise of any right of first refusal or option to purchase; and (iv) the return of any insurance premiums or ad valorem tax payments made in advance and subsequently refunded; 1.4. The proceeds of any rental or loss of rents insurance carried by Assignor on the Property; and 1.5. All security deposits and escrow accounts made by any tenant or subtenant under any Lease. 2. ABSOLUTE ASSIGNMENT; LICENSE TO COLLECT. 2.1. This Assignment is intended to be and shall constitute an unconditional, absolute and present assignment from Assignor to Assignee of all of Assignor's right, title and interest in and to the Leases and Rents (subject to Section 2.2 hereof), and not an assignment in the nature of a pledge of such Leases and Rents or the mere grant of a security interest therein. 2.2. Notwithstanding that this Assignment is effective immediately, so long as no Event of Default exists, Assignor shall have the privilege under a revocable license granted hereby to operate and manage the Property and to collect, use, hold and distribute the Rents as they become due. Assignor shall receive and hold such Rents, as well as the privilege and license to receive such Rents, in trust as a fund to be applied, and Assignor hereby covenants and agrees that such Rents shall be so applied, first to the operation, maintenance and repair of the Property and the payment of interest, principal and other sums becoming due under the Liabilities, before retaining and/or disbursing any part of the Rents for any other purpose. 3. CERTAIN DEFINED TERMS. As used in this Assignment: 3.1. "Liabilities" means, collectively: (i) the repayment of all sums due under the Note (and all extensions, renewals, replacements and amendments thereof) and the other Loan Documents; and (ii) the performance of all terms, conditions and covenants set forth in the Loan Documents. 3.2. "Loan Agreement" means that certain Loan Agreement dated as of September 13, 2022, by and between Assignor, as the borrower, and Assignee, as the lender, as the same may be amended, supplemented, restated, or otherwise modified from time to time. 2 3.3. "Loan Documents" shall have the meaning set forth in the Loan Agreement. The terms of the Loan Documents are hereby made a part of this Assignment to the same extent and with the same effect as if fully set forth herein. 3.4. "Note" means that certain Promissory Note dated as of September 13, 2022, in the amount of $180,000.00, by Assignor, to the order of Assignee, as the same may be amended, supplemented, restated, or otherwise modified from time to time. 3.5. "Security Instrument" means that certain Deed of Trust, Security Agreement, Assignment of Rents and Leases and Fixture Filing dated as of September 13, 2022, executed by Assignor in favor of the Assignee, as the same may be amended, supplemented, restated, or otherwise modified from time to time. 3.6. All capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Loan Agreement. 4. COVENANTS. 4.1. Assignor covenants and agrees that Assignor will perform all of its obligations, as landlord, under the Leases and will enforce the performance by tenants of all of their respective obligations under the Leases, and will not do or permit to be done anything to impair the enforceability thereof, all as and to the extent in accordance with the terms of the Loan Documents and the standards of a commercially reasonable landlord. Assignor covenants and agrees that Assignor will not, without the prior written consent of Assignee in each instance, which shall not be unreasonably withheld, conditioned or delayed: (i) accept or collect the Rent under any Lease in advance of the time when the same become due under the terms of the Leases; (ii) discount or forgive the Rents or any part thereof or any Lease or any interest therein; (iii) encumber or assign, the Rents or any part thereof or any Lease or any interest therein; (iv) modify the terms of any Lease in any material respect; (v) subordinate any Lease to any mortgage or other encumbrance; (vi) consent to any assignment of or subletting under any Lease (except as provided for in the Lease); (vii) cancel or terminate any Lease or accept a surrender thereof, or (viii) release any guarantor or surety of any tenant's obligations under any of the Leases. Any of the foregoing acts, if done without the prior written consent of Assignee in each instance, shall be null and void. 4.2. Assignor covenants and agrees to furnish to Assignee, on request: (i) a complete list, as of the date of such request, of all existing Leases and the Rents payable thereunder, and providing such further detail as Assignee may reasonably request; (ii) executed or certified copies of all existing Leases and any modifications or amendments thereto; and (iii) specific, separate assignments of any future Leases duly executed and acknowledged by Assignee. 5. NO OBLIGATIONS OF ASSIGNEE. 5.1. Notwithstanding any legal presumption to the contrary, Assignee shall not be obligated by reason of its acceptance of this Assignment or of any Rent to perform any obligation of Assignor under any of the Leases, and Assignee shall not, prior to entry upon and actually taking physical possession of the Property, be deemed a mortgagee in possession. 5.2. Neither this Assignment nor collection by Assignee of Rents is intended, nor shall it be construed, to operate to place responsibility upon Assignee for: (i) the control, care, operation, management or repair of the Property; (ii) the performance of any of the terms or conditions of the Leases; (iii) any waste committed on, or any dangerous or defective condition at the Property, except to the extent committed by Assignee; or (iv) any negligence in the control, care, operation, management or repair of the Property, resulting in loss or injury or death to any tenant, licensee, employee or other person or loss of or damage to the property of any of the foregoing, except to the extent committed by Assignee; it being the intent of the parties that the responsibility and liability for the aforesaid matters shall remain solely with Assignor. Assignee assumes no liability for any security deposited with Assignor by any tenant unless and until such deposits are specifically transferred and delivered to Assignee. 6. EVENTS OF DEFAULT. Each of the following shall constitute an event of default (each, an "Event of Default") hereunder: 6.1. Any representation or warranty made by Assignor in this Assignment shall prove to be false, incorrect or misleading in any material respect as of the date when made; 6.2. A breach by Assignor of any term, covenant, condition, obligation or agreement under this Assignment and the continuance of such breach for a period of thirty (30) days after written notice thereof shall have been given to Assignor; 6.3. Any tenant under any Lease, fails to maintain a minimum annual profit of at least $1.00; or 6.4. An Event of Default under the Loan Agreement or any of the other Loan Documents 7. REMEDIES UPON AN EVENT OF DEFAULT. Upon the occurrence and during the continuation of an Event of Default, the license granted to Assignor to collect the Rents shall be automatically and immediately revoked without further notice to or demand upon Assignor, and Assignee shall have the right, without further notice to or demand upon Assignor, and in Assignee's absolute discretion, to exercise any one or more of the following rights and remedies: 7.1. Without regard to the adequacy of any security, and with or without appointment of a receiver, Assignee may enter upon and take possession of the Property; have, hold, manage, lease and operate the same, and collect, in its own name or in the name of Assignor, and receive all Rents accrued but unpaid and in arrears as of the date of such Event of Default, as well as the Rents which thereafter become due and payable; and have full power to make from time to time all alterations, renovations, repairs or replacements to the Property as Assignee may deem proper. Assignee may notify the tenants under the Leases, or any property manager or rental agent under any contract, to pay all Rents directly to Assignee. Assignor shall pay to Assignee on demand any Rents collected by Assignor after the revocation of the license granted to Assignor. Assignor hereby irrevocably authorizes and directs the tenants under the Leases, and any property manager or rental agent under any Contract, upon receipt of written notice from Assignee, to pay all Rents due to Assignee without the necessity of any inquiry to Assignor and without any liability respecting the determination of the actual existence of any Event of Default claimed by Assignee or any claim by Assignor to the contrary. Assignor further agrees that it shall facilitate in all reasonable ways Assignee's collection of the Rents and will, upon Assignee's request, execute and deliver a written notice to each tenant under the Leases, or any property manager or rental agent under any 4 Contract, directing such parties to pay the Rents to Assignee. Assignor shall have no right or claim against any parties to any Lease or Contract who make payment to Assignee after receipt of written notice from Assignee requesting same. 7.2. Assignee may apply such Rents to the payment of: (i) the Liabilities, together with all costs and reasonable attorneys' fees actually incurred; (ii) all taxes, charges, claims, assessments, water rents, sewer rents and any other liens which may be prior in lien or payment to the Liabilities, and premiums for insurance, with interest on all such items; and (iii) the cost of all alterations, repairs, replacements and expenses incident to taking and retaining possession of the Property and the management and operation thereof, all in such order or priority as Assignee in its sole discretion may determine, any statute, law, custom or use to the contrary notwithstanding. 7.3. Assignee may: (i) endorse as Assignor's attorney -in -fact the name of Assignor or any subsequent owner of the Property on any checks, drafts or other instruments received in payment of the Rents, and deposit the same in bank accounts, which power of attorney is coupled with an interest and shall be irrevocable; (ii) give proper receipts, releases and acquittances in relation thereto in the name of Assignor; (iii) institute, prosecute, settle or compromise any summary or legal proceedings in the name of Assignor for the recovery of the Rents, or for damage to the Property, or for the abatement of any nuisance thereon; and (iv) defend any legal proceedings brought against Assignor arising out of the operation of the Property. Any charges, expenses or fees, including reasonable attorneys' fees and costs, actually incurred by Assignee in connection with any of the foregoing shall be included in the Liabilities, and shall be due and payable on demand, together with interest at the Default Rate, such interest to be calculated from the date of such advance to the date of repayment thereof. 7.4. Assignee may, at its election, but shall not be obligated to: (i) perform any of Assignor's obligations under the Leases (provided, however, that Assignor shall remain liable for such obligations notwithstanding such election by Assignee); (ii) exercise any of Assignor's rights, powers or privileges under the Leases; (iii) modify, cancel or renew existing Leases or make concessions to the tenants thereto; (iv) execute new Leases for all or any portion of the Property; and (v) take such other action as Assignor may have taken with respect to the Leases. 7.5. Notwithstanding the foregoing, in the event Assignee acquires title to the Property and any Leases are in existence, Assignee shall be responsible for actions by Assignee arising after such acquisition of title and Assignor shall not be obligated to protect, defend, indemnify and hold Assignee harmless for such actions; provided that Assignor shall continue to be responsible for all liability caused by Assignor prior to such acquisition of title or otherwise caused by Assignor's actions. 8. ESTOPPEL CERTIFICATES. Assignor shall, from time to time, without charge and within ten (10) days after requested by Assignee, execute, acknowledge and deliver to Assignee a written statement, in form and substance reasonably satisfactory to Assignee, certifying to certain matters relating to the Leases, including without limitation: (i) the commencement and expiration dates of the Leases and the dates when any rents, charges and other sums commenced to be payable thereunder; (ii) that the Leases are unmodified and in full force and effect (or, if modified, stating the nature of such modifications and that the Leases as so modified are in full force and effect); (iii) the amount of Rents payable under the Leases and the dates to which the Rents and other charges under the Leases have been paid in advance; and (iv) whether there are any uncured defaults by Assignor or any tenants or any setoffs or defenses against enforcement of any terms or conditions under any Lease. 9. ASSIGNEE AS CREDITOR OF TENANTS. Notwithstanding the privilege and license granted by Assignee herein, Assignee, and not Assignor, shall be deemed to be the creditor of each tenant in respect of any assignment for the benefit of creditors, bankruptcy, reorganization, insolvency, dissolution or receivership proceedings affecting such tenant. Assignee shall have the option to have any money received by Assignee as such creditor applied to reduce the Liabilities or paid over to Assignor. Assignee shall have the right to file claims in any such proceedings and to otherwise pursue creditor's rights therein. If Assignor learns that any tenant has become the subject of such a proceeding, Assignor shall give Assignee prompt notice thereof. 10. TERM. Upon repayment in full of the Liabilities and the cancellation or discharge of the Security Instrument, this Assignment shall automatically terminate and become null and void. At such time as Assignee gives Assignor a release of the Security Instrument in recordable form under the terms and conditions of the Security Instrument, upon the written request of Assignor, Assignee shall also give a release hereof in recordable form. Assignor covenants and agrees that prior to such termination, the affidavit or certificate of any representative of Assignee stating that any of the Liabilities remain unpaid shall be conclusive evidence of the validity, effectiveness and continuing force of this Assignment, and any person is hereby authorized to rely thereon. 11. OTHER RIGHTS OF ASSIGNEE. Assignee may, without prejudice to any of its rights under this Assignment, take or release security, release any party primarily or secondarily liable for any of the Liabilities, and grant extensions, renewals, modifications or indulgences with respect to the Loan Agreement, the Note, the Security Instrument or any other Loan Document. 12. NO WAIVER. The collection of Rents under the Leases, the taking of physical possession of the Property, or any other remedial action taken by Assignee shall not waive any Event of Default or waive, modify or affect any notice of default under the Loan Documents, or invalidate any act done pursuant to such notice, and the enforcement of any right or remedy by Assignee, once exercised, shall continue for so long as Assignee shall elect, notwithstanding that the collection and application of such Rents may have cured or could have resulted in a cure of an Event of Default. If Assignee thereafter elects to discontinue the exercise of any right or remedy, that or any other right or remedy under this Assignment may be reasserted at any time and from time to time following any subsequent Event of Default. 13. MISCELLANEOUS. 13.1. Remedies Cumulative. The rights and remedies of Assignee as provided in this Assignment or in any other Loan Document shall be cumulative and concurrent, may be pursued separately, successively or together, may be exercised as often as occasion therefor shall arise, and shall be in addition to any other rights or remedies conferred upon Assignee at law or in equity. The failure, at any one or more times, of Assignee to assert the right to declare the Liabilities due, grant any extension of time for payment of the Liabilities, take additional security for the payment thereof, release any security, change any of the terms of the Loan Documents, or waive or fail to exercise any right or remedy under any Loan Document shall not in any way affect this Assignment or the rights of Assignee. Cel 13.2. No Implied Waiver. Assignee shall not be deemed to have waived any of its rights or remedies hereunder unless such modification or waiver is in writing and signed by Assignee, and then only to the extent specifically set forth therein. A waiver in one event shall not be construed as continuing or as a waiver of or bar to such right or remedy on a subsequent event. 13.3. Binding Effect. The covenants, conditions, waivers, releases and agreements contained in this Assignment shall bind, and the benefits thereof shall inure to, the parties hereto and their respective heirs, executors, administrators, successors and assigns and are intended and shall be held to be real covenants running with the land; provided, however, that this Assignment cannot be assigned by Assignor without the prior written consent of Assignee in each instance, and any such assignment or attempted assignment by Assignor shall be void and of no effect with respect to Assignee. 13.4. Modifications. This Assignment may not be supplemented, extended, modified or terminated except by an agreement in writing signed by the party against whom enforcement of any waiver, change, modification or discharge is sought. 13.5. Governing Law. This Assignment is made, executed and delivered in the State of North Carolina and shall be governed by the laws of the State of North Carolina. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK; SIGNATURES APPEAR ON THE FOLLOWING PAGE] 7 IN WITNESS WHEREOF, Assignor has on the date first above written, effective as of the date first above written, caused this instrument to be signed in its corporate name by its duly authorized officer AND DELIVERED by authority of its duly authorized officer. ASSIGNOR: Stockport Limited Partnership, a North Carolina limited partnership By: EfW GP LLC, a North Carolina limited liability company, its general partner By: '� (SEAL) Name: Richard Denning Title: Manager STATE OF NORTH CAROLINA ) ��}} ) SS. COUNTY OF\` ) On this \ day of ., 2022, a Notary Public of the aforesaid County and State, do hereby certify that Richard Deming personally appeared before me this day and acknowledged that he is the Manager of EfW GP LLC, a North Carolina limited liability company, which is the general partner of Stockport Limited Partnership, a North Carolina limited partnership, and that he, in such capacity, being authorized to do so, executed and acknowledged the foregoing on behalf of the Assignor. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal in the County or City and State aforesaid, the day and year first above written. (SEAL) KELLY RENEE GOODMAN Notary Public North Carolina Pitt County ,nary Pi±Nic (Notar ' printed or typed name) My Commission Expires: s- ,ram FXHTRTT A DESCRIPTION OF PROPERTY Lying and being situate in Wilson County, North Carolina, and being more particularly described as follows: Being all of that tract described as "Portion of Tract 1" containing 10.840 acres as shown on map entitled Stockport Limited Partnership, dated November 21, 2021, and recorded in Plat Book 43 at Pages 271 and 272, Wilson County Registry, North Carolina. Together with easement rights in an Easement Agreement recorded in Book 2983 at Page 512 Wilson County Registry, North Carolina. 9 Type: CRP Recorded: 9/15/2022 9:04:11 AM Fee Amt: $64.00 Page 1 of 26 Wilson, NC Lisa J. Stith Register of Deeds BK 2983 PG 586 - 611 Prepared by and after recording return to: Brodnan & Budd, LLC 999 Peachtree Street NE Suite 1105 Atlanta, Georgia 30309 Attention: Matthew P. Brodnan, Esq. STATE OF NORTH CAROLINA) LEASEHOLD DEED OF TRUST, SECURITY AGREEMENT AND COUNTY OF WILSON ) FIXTURE FILING COLLATERAL IS AND INCLUDES FIXTURES THIS DEED OF TRUST SECURES FUTURE ADVANCES Dated September 13, 2022 Location: 3100 Stantonsburg Road, Wilson, North Carolina 27893 Grantor's Organizational ID Number: 1500841 submitted electronically by "Investors Title Insurance company" in compliance with North Carolina statutes governing recordable documents and the terms of the submitter agreement with the Wilson county Register of Deeds. LEASEHOLD DEED OF TRUST, SECURITY AGREEMENT AND FIXTURE FILING THIS LEASEHOLD DEED OF TRUST, SECURITY AGREEMENT AND FIXTURE FILING (as amended, supplemented or otherwise modified from time to time, this "Deed of Trust"), is made as of September 13, 2022, by Carolina Poultry Power RG2, LLC, a North Carolina limited liability company, having an address of 3697 North Main Street, Farmville, North Carolina 27828, as trustor (the "Grantor"), to Investor's Title Commercial Agency as issuing agent for Old Republic National Title Insurance Company, having an address of 5925 Carnegie Boulevard, Suite 550, Charlotte, North Carolina 28209, as trustee (the "Trustee"), for the benefit of West Town Bank & Trust, an Illinois chartered bank with an address at 4850 Falls of Neuse Road, Suite 202, Raleigh, North Carolina 27615, as beneficiary (together with its successors and assigns, the "Lender" or the `Beneficiary"). RECITALS: WHEREAS, Grantor is the legal owner and holder of the lessee's interest under that certain Lease Agreement, dated as of June 24, 2021 by and between Stockport Limited Partnership (the "Lessor"), and the Grantor, and as evidenced by that certain Memorandum of Lease, recorded on September 14, 2022, in Book 2983 Page 528 , Wilson County Registry (as may be amended, supplemented, amended and restated or otherwise modified from time to time hereafter, unless not consented to by Lender to the extent required by this Deed of Trust, the "Ground Lease"), which Ground Lease affects the real property described on Exhibit A hereto (the "Real Property"). WHEREAS, pursuant to that certain Loan Agreement dated as of even date herewith (as the same may be amended, supplemented or otherwise modified from time to time, the "Loan Agreement"), between Grantor (in such capacity, the "Borrower") and the Lender, the Lender has agreed to make a loan in the original principal amount of Twenty -Five Million Dollars and 00/100 Cents ($25,000,000.00) (the "Loan") in order to finance a portion of the costs of the development and installation of a biomass facility owned by Borrower and located on the Real Property. The Loan bears interest as provided in the Loan Agreement on the principal amount of the Note (as defined in the Loan Agreement) from time to time outstanding, and the interest rate applicable to the Loan varies from time to time in accordance with formula set forth in the Note. WHEREAS, Grantor is executing this Deed of Trust pursuant to the Loan Agreement. All capitalized terms used but not otherwise defined herein have the meanings provided in the Loan Agreement. GRANTING CLAUSE NOW THEREFORE, Grantor, for the purpose of securing all present and future debts, obligations and liabilities, whether such debts, obligations or liabilities be direct or indirect, primary or secondary, joint or several, fixed or contingent, of Grantor arising pursuant to, and/or on account of, the provisions of this Deed of Trust, the Loan Agreement or any of the other Loan Documents, including, without limitation, the obligations (1) to pay all Obligations (as defined in the Loan Agreement), including without limitation, all principal, interest, late charges, prepayment premiums (if any) and other amounts due at any time under the Loan Agreement or any of the other Loan Documents, (2) to pay all expenses, indemnification payments, fees and other amounts due at any time under this Deed of Trust, the Loan Agreement or any of the other Loan Documents, together with interest thereon as herein or therein provided, (3) to perform, observe and comply with all of the other terms, covenants and conditions, expressed or implied, which Grantor is required to perform, observe or comply with pursuant to this Deed of Trust, the Loan Agreement or any of the other Loan Documents, and (4) to pay and perform all future advances (including without limitation any expenditures for insurance, taxes and assessments or other necessary expenditures for the protection of the value of the Property (as hereinafter defined)) and other obligations that Grantor or any successor in ownership of all or part of the Property may agree to pay and/or perform (whether as principal, surety or guarantor) for the benefit of Lender (collectively, the "Secured Obligations"), and in consideration of the Recitals above stated, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, hereby irrevocably mortgages, pledges, warrants, gives, grants, assigns, bargains, sells, releases, transfers, aliens, enfeoffs and conveys to Trustee, and Trustee's successors and assigns, in trust with power of sale for the benefit of Lender, all of the right, title and interest of Grantor in and to all of the following property (collectively, the "Property"): (A) Leasehold Estate: Grantor's leasehold estate (the "Leasehold Estate") created, and owned by Grantor, by virtue of the Ground Lease, which Ground Lease demises the Real Property more particularly described in the Ground Lease and all of Grantor's right, title and interest in, to and under the Ground Lease, including without limitation, all credits, deposits, options, right to terminate, rights of first refusal or first offer and all privileges of Grantor thereunder; (B) Land: All estates therein now owned or hereafter acquired by Grantor for use or development with the Real Property or any portion thereof, together with all and singular the tenements, rights, easements, hereditaments, rights of way, privileges, liberties, appendages and appurtenances now or hereafter belonging or in any way pertaining to the Real Property and estates therein; all development rights, air rights, water, water rights, water stock, gas, oil, minerals, coal and other substances of any kind or character underlying or relating to the Real Property; all estate, claim, demand, right, title or interest of Grantor in and to any street, road, highway, or alley adjoining the Real Property or any part thereof, all strips and gores belonging, adjacent or pertaining to the Real Property; and, any after -acquired title to any of the foregoing (herein collectively referred to as the "Land"); (C) Improvements and Fixtures: All buildings, structures and other improvements and any additions and alterations thereto or replacements thereof, now or hereafter built, constructed or located upon the Land, and all articles of property which are considered fixtures under applicable law (including the Biomass Facility (as defined below), to the extent constituting fixtures) and a part of the real property encumbered hereby (such buildings, structures and other improvements and fixtures are herein collectively referred to as the "Improvements"). The Land, the Improvements and Grantor's Leasehold Estate in any other property constituting real estate under applicable law are herein collectively referred to as the "Premises"; 2 (D) Biomass Equipment and Other Personal Property: The biomass facility owned by Borrower, including without limitation any and all equipment or property related to the support, operation, maintenance and connected in any way to that biomass project installed or placed, or to be installed or placed on the Real Property (collectively, the "Biomass Facility"), and all other equipment and all other tangible property of any kind or character now or hereafter owned by Grantor, regardless of whether located on the Land or located elsewhere; (E) Intangibles: To the extent assignable, all goodwill, trademarks, trade names, option rights, purchase contracts, real and personal property tax refunds, books and records and general intangibles of Grantor relating to the Premises and the Biomass Facility and all accounts, contract rights, instruments, chattel paper and other rights of Grantor for the payment of money for property sold or lent, for services rendered, for money lent, or for advances or deposits made, and any other intangible property of Grantor relating to the Premises; (F) Plans: To the extent assignable, all plans and specifications, designs, drawings and other information, materials and matters heretofore or hereafter prepared relating to the Improvements, the Biomass Facility or any construction on the Land; (G) Permits: To the extent assignable, all permits, franchises, licenses, approvals and other authorizations respecting the use, occupation and operation of the Premises, the Biomass Facility and every part thereof and respecting any business or other activity conducted on or from the Premises, and any product or proceed thereof or therefrom, including, without limitation, all building permits and other licenses, permits and approvals issued by governmental authorities having jurisdiction; (H) Contracts: To the extent assignable, all agreements, contracts, certificates, instruments, warranties, appraisals, engineering, environmental, soils, insurance and other reports and studies, books, records, correspondence, files and advertising materials, and other documents, now or hereafter obtained or entered into, as the case may be, pertaining to the construction, use, possession, operation, management, leasing, maintenance and/or ownership of the Premises; (I) Rents: All rents, royalties, income, issues, profits, revenues and other benefits to which Grantor may now or hereafter be entitled from the property described in (A) through (H) above (collectively, the "Rents") to be applied against the Secured Obligations; Q) Leases: All leases (other than the Ground Lease), subleases, underlettings, concession agreements, licenses and other occupancy agreements (collectively, the "Leases"), whether written or oral, which now or hereafter may affect the property described in (A) through (H) above, together with all security therefor and all monies payable thereunder, and all books and records which contain payments made under the Leases and all security therefor; (K) Proceeds: Subject to Applicable Laws, all proceeds of the conversion, voluntary or involuntary of any of the foregoing into cash or liquidated claims, including, without limitation, proceeds of insurance and condemnation awards; 3 (L) Collateral: To the extent not otherwise described in (A) through (K) above, all the "Collateral", as such term is defined in the Loan Agreement; and (M) Other Property: All other property and rights of Grantor of every kind and character relating to the Premises, all proceeds and products of any of the foregoing. AND, without limiting any of the other provisions of this Deed of Trust, Grantor expressly grants to Lender, as secured party, a security interest in all of those portions of the Property which are or may be subject to the Uniform Commercial Code provisions applicable to secured transactions in the State of North Carolina (the "State"). TO HAVE AND TO HOLD THE PROPERTY unto Trustee, its successors and assigns, in trust, forever until termination in accordance with Section 4.3 hereof, upon the trusts, terms and conditions and for the uses and purposes hereinafter set out. ARTICLE 1 WARRANTIES, REPRESENTATIONS AND COVENANTS Grantor warrants, represents, covenants and agrees with Lender and Trustee, as follows: 1.1 Payments. Grantor agrees that it will duly and punctually pay and perform, or cause to be paid and performed, each of the Secured Obligations at the time and in accordance with the terms of the Loan Agreement and the other Loan Documents. 1.2 Title to Property; Liens. (a) Grantor has a valid, enforceable Leasehold Estate and Grantor has lawful authority to encumber and convey the Property; (b) the Property is free and clear of all Liens except for Liens expressly permitted on the Property under the Loan Agreement and the encumbrances on the Premises set forth on Exhibit B attached hereto (collectively, "Permitted Exceptions") and Grantor shall at all times keep the Property free and clear of all Liens other than the Permitted Exceptions; (c) Grantor will maintain and preserve the lien of this Deed of Trust until termination in accordance with Section 4.3 hereof, (d) to the best of Grantor's knowledge, there are presently no leases (other than the Ground Lease and the Master Lease), subleases, underlettings, concession agreements, licenses or other occupancy agreements affecting the Property or any other parties in possession, other than Grantor, at the Premises; (e) Grantor fully warrants and will forever defend the title to the Property against the claims of all Persons whosoever claiming or to claim the same or any part thereof, other than those claims relating to Permitted Exceptions, and Grantor agrees that the foregoing covenant shall not be extinguished by any foreclosure of this Deed of Trust but shall run with the Leasehold Estate; and (f) Grantor will not, without the prior written consent of Lender, (i) initiate or support any zoning reclassification of the Land or use or permit the use of the Property in a manner which would result in such use becoming a nonconforming use under applicable zoning ordinances or the Ground Lease, (ii) impose or consent to the imposition of any public or private restrictive covenants upon the Land, (iii) execute, file or consent to any subdivision plat affecting the Land or consent to the annexation of the Land to any municipality, or (iv) knowingly permit or suffer the Land to be used by the M public or any Person in such manner as might make possible a claim of adverse usage or possession or of any implied dedication or easement. 1.3 Status of Property. (a) Grantor has obtained or will obtain, and will maintain in full force and effect, in each case to the extent required by the Ground Lease, all certificates, licenses, permits and other approvals necessary for the operation and use of the Property, including without limitation all zoning, building code, land use and other similar permits or approvals; (b) to the best of Grantor's knowledge, the Premises and the present and contemplated use and occupancy thereof are in full compliance with all applicable zoning ordinances, building codes, land use laws and other similar laws and none of the Improvements or the Biomass Facility lies outside of the boundaries of the Land or the applicable building restriction lines and no improvements on adjoining properties materially encroach upon the Land; (c) to the best of Grantor's knowledge, the Premises are served by all utilities required for the current or contemplated use thereof, and (d) to the best of Grantor's knowledge, all public roads and streets necessary for service of and access to the Premises for the current or contemplated use thereof have been completed, are serviceable and are physically and legally open for use by the public. 1.4 Title Insurance. Concurrently with the execution and delivery of this Deed of Trust, Grantor, at its expense, has obtained and delivered to Lender a loan policy or policies of title insurance in the amount, and in form and substance, reasonably satisfactory to Lender naming Lender as the insured, insuring the title to and the first mortgage lien of this Deed of Trust on the Leasehold Estate, subject only to the Permitted Exceptions, with endorsements reasonably requested by Lender. Grantor has duly paid or caused to be paid in full all premiums and other charges due in connection with the issuance of such policy or policies of title insurance. All proceeds received by and payable to Lender for any loss under the loan policy or policies of title insurance delivered to Lender pursuant hereto, or under any policy or policies of title insurance delivered to Lender in substitution therefor or replacement thereof, shall be the property of Lender and shall be applied by Lender in accordance with the Loan Agreement without affecting the lien of this Deed of Trust for the full amount secured hereby before such payment took place. 1.5 Payment of Taxes. Grantor shall pay or cause to be paid all taxes, assessments and governmental charges which are or may become a lien on the Property or which are assessed against or imposed upon the Property in accordance with the terms and conditions of the Loan Agreement; except to the extent required to be paid by Lessor under the Lease. 1.6 Insurance; Casualty. Grantor shall at its sole expense obtain for, deliver to, and maintain for the benefit of Lender insurance in accordance with and to the extent required by Section 5.05 of the Loan Agreement insuring the Property; except to the extent required to be obtained and maintained by Lessor under the Lease. All proceeds of such insurance shall be applied in accordance with the Loan Agreement without affecting the lien of this Deed of Trust for the full amount secured hereby before such payment took place. Grantor promptly shall comply with, and shall cause the Property to comply with, (a) all of the provisions of each such insurance policy required under this Section 1.61 and (b) all of the requirements of the insurers thereunder applicable to Grantor or to any of the Property or to the use, manner of use, occupancy, possession, operation, maintenance, alteration, repair or restoration of any of the Property. In the event of foreclosure of this Deed of Trust or other transfer of title to the Leasehold Estate in extinguishment E of the indebtedness secured hereby, all right, title and interest of Grantor in and to any insurance policies then in force shall pass to the purchaser or grantee. 1.7 Condemnation. As of the date hereof, Grantor has not received any written notice of any proceeding for the condemnation or other taking of the Property or any part thereof and has no knowledge that any such proceeding is contemplated. Grantor shall, promptly upon learning of the institution of any such proceeding, notify Lender of the pendency of such proceeding, and agrees that Lender may participate in any such proceeding as permitted under the Loan Agreement and Grantor from time to time will deliver to Lender all instruments reasonably requested by Lender to permit such participation. Subject to Applicable Laws, (i) Lender is hereby authorized to collect any and all awards, payments or other proceeds of any such condemnation or taking payable to Grantor ("Condemnation Proceeds"), and (ii) Condemnation Proceeds shall be applied in accordance with the terms of the Loan Agreement without affecting the lien of this Deed of Trust for the full amount secured hereby before such award took place. Grantor agrees to execute such further assignments of any Condemnation Proceeds as Lender may require. 1.8 Care of the Property. Except as otherwise permitted under the Loan Agreement, Grantor (a) shall not abandon the Property, (b) shall preserve and maintain the Property in good condition and repair, ordinary wear and tear excepted, and (c) no part of the Property shall be disposed of, removed, replaced or demolished in any manner, without the prior written consent of Lender. 1.9 Transfer of the Property. Except as otherwise permitted under the Loan Agreement, there shall be no sale, conveyance, transfer, lease, assignment, sublease, pledge or further encumbrance or transfer of any interest in any part of the Property, without the prior written consent of Lender. 1.10 Leasehold Deed of Trust Provisions. Grantor further covenants, warrants and represents, as follows: (a) Grantor represents and warrants that (i) subject to the terms of the Landlord's Release and Waiver Agreement executed by the Lessor, dated as of the date hereof (as may be amended, supplemented, amended and restated or otherwise modified from time to time hereafter), there are no understandings, contracts, agreements or commitments of any kind whatsoever with respect to the Ground Lease, to which Grantor is a party or (to the best of its knowledge) otherwise, except as expressly provided in the Ground Lease, and the Ground Lease constitutes the entire agreement between Lessor and Grantor with respect to the Real Property, (ii) the Ground Lease is in full force and effect, (iii) all rent and additional rent payable under the Ground Lease has been paid to the extent they were due and payable to the date hereof, and (iv) to the best of Grantor's knowledge, no default by Grantor under the Ground Lease exists and no event has occurred which, with the giving of notice, the passage of time, or both, would constitute a default by Grantor under the Ground Lease; (b) Grantor shall promptly give to Lender copies of (i) all notices of default under the Ground Lease, and (ii) any other communications or notices with respect to events which 0 relate to any reasonably foreseeable impairment of the security of this Deed of Trust which it shall give or receive under the Ground Lease; (c) Grantor covenants and agrees that it will do or cause to be done all commercially reasonable things necessary to (i) preserve and keep in force the rights of Grantor as lessee under the Ground Lease, and (ii) prevent any termination, surrender, cancellation, forfeiture or impairment thereof. Grantor shall at all times fully perform and comply with all material agreements, covenants, terms and conditions imposed upon or assumed by it as lessee under the Ground Lease prior to the expiration of any notice and/or cure period provided in the Ground Lease. Furthermore, Grantor shall exercise commercially reasonable efforts to enforce the obligations of Lessor, so that Grantor may enjoy all of the rights granted to it under the Ground Lease; (d) Grantor shall not, without the prior written consent of Lender or otherwise permitted under the Loan Agreement, (i) modify, change, supplement, alter or amend the Ground Lease, either orally or in writing, if such modification, change, supplement, alteration or amendment could adversely affect, in a material manner (A) the value of the Premises, (B) the use of the Premises, or (C) Grantor's obligations or rights under the Ground Lease, or (ii) surrender the Leasehold Estate, nor terminate or cancel the Ground Lease prior to the expiration of its term. Any modification, change, supplement, alteration or amendment of the Ground Lease requiring the consent of Lender, any surrender of the Leasehold Estate, and any termination or cancellation of the Ground Lease, made without the prior written consent thereto by Lender shall be void and of no force and effect; (e) No release or forbearance of any of Grantor's obligations under the Ground Lease, pursuant to the Ground Lease or otherwise, shall release Grantor from any of its obligations under this Deed of Trust, including, without limitation, its obligations with respect to the payment of rent as provided for in the Ground Lease and the performance of all of the terms, provisions, covenants, conditions and agreements contained in the Ground Lease, to be kept, performed and complied with by the lessee therein; (f) Grantor and Lender agree that, unless Lender shall otherwise expressly consent in writing, the fee title to the Land, Grantor's interest in the Premises and the Leasehold Estate shall not merge and shall always remain separate and distinct, notwithstanding the union of said estates either in the lessor or in the lessee, or in a third party by purchase or otherwise. If, notwithstanding the foregoing, a merger of such fee and leasehold estate is deemed to have occurred, then this Deed of Trust shall nonetheless remain in full force and effect in accordance with the terms hereof and shall encumber the entire merged fee and leasehold estate. If Grantor acquires fee simple title or any other estate, title or interest in the Land, Grantor shall promptly notify Lender of such acquisition and, upon written request by Lender, shall cause to be executed and recorded all such other and further assurances or other instruments in writing as may in the opinion of Lender be required or desirable to carry out the intent and meaning of this clause ; (g) Grantor shall not subordinate or consent to the subordination of the Ground Lease to any lien or other encumbrance, without the prior written consent of Lender; 7 (h) Within five (5) Business Days after Grantor's receipt of any notice of any motion, application or effort (A) to reject the Ground Lease by Lessor or any trustee arising from or in connection with any case, proceeding or other action commenced or pending by or against Lessor under Title 11 of the United States Code (as now constituted or hereafter amended, the "Bankruptcy Code") or any comparable provisions contained in any present or future Federal, state, local, foreign or other statute, law, rule or regulation ("Comparable Provisions"); (B) to sell, transfer, or assign the Premises or any portion thereof pursuant to section 363 or other applicable provision of the Bankruptcy Code; or (C) by the Lessor or any other party to an action under the Bankruptcy Code or any other Comparable Provisions to take any other action that in any way adversely affects the interest of Lessor, Grantor, Trustee, or Lender, Grantor shall give notice thereof to Lender. Additionally, Grantor shall give notice to Lender within five (5) Business Days after it discovers or otherwise becomes aware of the filing of any petition under the Bankruptcy Code or any other Comparable Provisions by or against the Lessor or any other party with an interest in the Premises superior to that of Grantor. Grantor hereby (W) assigns to Lender any and all of Grantor's rights as lessee under Section 365(h) of the Bankruptcy Code or any Comparable Provisions, including without limitation, the right to file an objection to (1) the rejection of the Ground Lease, (2) a sale of the Premises or any portion thereof, or (3) as to any other matter that affects the Premises (a "Objection"), and (X) covenants that it shall not elect to treat the Ground Lease as terminated pursuant to Section 365(h) of the Bankruptcy Code without first obtaining the prior written consent of Lender, and (Y) agrees that any such election by Grantor without such consent shall be null and void, and (Z) agrees to join and prosecute any Objection filed by Lender if any party asserts that Lender lacks standing to assert such Objection; (i) Without limiting the generality of the foregoing, Grantor hereby unconditionally assigns, transfers and sets over to Lender all (up to the amount then due and owing from Grantor to Lender) of Grantor's claims and rights to the payment of damages arising from any rejection by Lessor under the Bankruptcy Code or any Comparable Provision. Lender shall have the right to proceed in its own name or in the name of Grantor in respect of any claim, suit, action or proceeding relating to the rejection of the Ground Lease, including, without limitation, the right to file and prosecute, to the exclusion of Grantor, any proofs of claim, complaints, motions, applications, notices and other documents, in any case in respect of the lessor thereunder under the Bankruptcy Code or any Comparable Provision. This assignment constitutes a present, irrevocable and unconditional assignment of the foregoing claims, rights and remedies, and shall continue in effect until all of the obligations of Grantor under the Loan Agreement and the other Loan Documents shall have been indefeasibly paid and performed; 0) If there shall be filed by or against Grantor a petition under the Bankruptcy Code or any Comparable Provision and Grantor, as lessee under the Ground Lease, shall determine to reject the Ground Lease, Grantor shall give Lender not less than ten (10) days prior notice of the date on which Grantor shall apply to the United States Bankruptcy Court or other judicial body with appropriate jurisdiction for authority to reject any Ground Lease; Lender shall have the right, but not the obligation, to serve upon Grantor within such ten (10) day period a notice stating that (A) Lender demands that Grantor assume and assign the Ground Lease to Lender pursuant to Section 365 of the Bankruptcy Code or any Comparable Provision and (B) Lender covenants to cure or provide adequate assurance of prompt cure of all defaults and provide adequate assurance of future performance under the Ground Lease. If Lender serves upon Grantor the notice described in the preceding sentence, Grantor shall not seek to reject the Ground Lease and shall comply with the demand provided for in item A of the preceding sentence within thirty (30) days after the notice shall have been given subject to the performance by Lender of the covenant provided for in item B of the preceding sentence. Effective upon the entry of an order for relief in respect of Grantor under Chapter 7 of the Bankruptcy Code or any Comparable Provision, Grantor hereby assigns and transfers to Lender a non-exclusive right to apply to the United States Bankruptcy Court or other judicial body with appropriate jurisdiction for an order extending the period during which the Ground Lease may be rejected or assumed; (k) Grantor hereby acknowledges that if the Ground Lease shall be terminated prior to the natural expiration of its term due to default by the lessee thereunder, and if Lender or its designee shall acquire from the lessor thereunder a new lease of the Land or any portion thereof, Grantor shall have no right, title or interest in or to such lease or the leasehold estate created thereby, or the options therein contained, if any; and (1) In addition to any other remedies or rights provided elsewhere in this Deed of Trust, Lender shall have and may exercise the following rights with respect to the Ground Lease: (i) if Grantor shall fail, after the expiration of the applicable notice or grace period, if any, to: (A) pay any installment of rent reserved under the Ground Lease, (B) pay any real estate tax, assessment or other governmental levy or charge or any imposition, as provided in the Ground Lease, (C) make any other payment required to be made by it as lessee under the Ground Lease, at the time and in the manner provided in the Ground Lease, or (D) if Grantor shall fail to perform or observe any other term, covenant, condition or obligation required to be performed or observed by it as lessee under the Ground Lease, then without limiting the generality of any other provision of this Deed of Trust, and without waiving or releasing the Grantor from any of its obligations hereunder, Lender shall have the right, but shall be under no obligation, to pay any such installment of rent and/or any such tax, assessment, levy, charge, imposition or other payment, and may perform any other act or take any action it may deem necessary or desirable to cause such other term, covenant, condition or obligation to be promptly performed or observed on behalf of the lessee thereunder in order to keep Grantor's rights in, to and under the Ground Lease unimpaired and free from default; (ii) Lender and its designees shall have, and are hereby granted, the right to enter upon the Premises at any time and from time to time for the purpose of taking any such action described in the preceding clause i . All monies reasonably expended by Lender in connection with any matter set forth in this Section (including, but not limited to, reasonable legal expenses and disbursements), together with interest thereon at an interest rate per annum equal to the Default Rate (as defined in the Loan Agreement) from the date of each such expenditure, shall be paid by Grantor to Lender forthwith upon demand by Lender, and shall be secured by this Deed of Trust. If the Lessor shall deliver to Lender a copy of any notice of default by Grantor in the Ground Lease, such notice shall constitute full protection to the Lender for any action taken or omitted to be taken by Lender, in good faith, in reliance thereon; provided, however, that before taking such action, so long as no Default exists, Lender shall use commercially reasonable efforts to notify Grantor thereof. Grantor acknowledges and agrees that any failure by Lender to so notify 0 Grantor shall not entitle Grantor to challenge or otherwise affect the validity of Lender's action or entitle Grantor to any claim for damages or any other offsets or setoffs against Lender. The curing of any such default in the Ground Lease by Lender shall not be deemed to cure any default in this Deed of Trust created thereby, and Lender shall continue to have all rights granted under the Deed of Trust and the other Loan Documents upon any such default. 1.11 Covenants. All of the covenants in the Loan Agreement are incorporated herein by reference and, together with the covenants in this Article I, shall be covenants running with the Leasehold Estate. 1.12 Further Assurances. At any time and from time to time, upon Lender's reasonable request and at Grantor's sole expense, Grantor shall make, execute and deliver, or cause to be made, executed and delivered, to Lender and Trustee and where appropriate shall cause to be recorded or filed, and from time to time thereafter to be re -recorded and refiled at such time and in such offices and places as shall be reasonably deemed necessary by Lender and Trustee, any and all such further deeds of trust, instruments of further assurance, financing statements, certificates and other documents as Lender and Trustee may consider reasonably necessary in order to effectuate, complete, or perfect, or to continue and preserve the obligations of Grantor under this Deed of Trust, and the lien of this Deed of Trust on the Property subject only to Permitted Exceptions. Upon any failure by Grantor to do so, Lender or Trustee may make, execute, record, file, re-record or refile any and all such deeds of trust, instruments, financing statements, certificates and documents for and in the name of Grantor as Lender and Trustee may consider necessary or desirable in order to effectuate, complete, or perfect, or to continue and preserve the obligations of Grantor under this Deed of Trust, and the lien of this Deed of Trust on the Property subject only to Permitted Exceptions, and Grantor hereby irrevocably appoints Lender and Trustee as the Lender and attorney -in -fact of Grantor to do so. 1.13 Security Agreement and Financing Statements. This Deed of Trust constitutes not only a real property Deed of Trust, but also a "security agreement" and a "fixture filing" within the meaning of the Uniform Commercial Code of the State (the "UCC"). Grantor (as debtor) hereby grants, assigns, conveys, pledges, hypothecates and transfers to Lender (as creditor and secured party), for the benefit of Lender, as security for the prompt and complete payment and performance of the Secured Obligations a security interest and Lien in all of Grantor's right, title and interest in and to all fixtures, machinery, appliances, equipment, furniture and personal property of every nature whatsoever constituting part of the Property (collectively, the "Personal Property"), subject only to Permitted Exceptions. Nothing in this Section 1.13 shall limit in any manner whatsoever any right Lender may have under any other Loan Document. This Deed of Trust shall be effective as a financing statement filed as a fixture filing covering goods which are or are to become fixtures included within the Property and is to be filed for record in the real estate records of the counties where the Property (including said fixtures) is situated. The real property to which the fixtures relate is described on Exhibit A attached hereto. The record owner of the real property described in Exhibit A attached hereto is Lessor. The name of the debtor for purposes of this financing statement is the name of Grantor set forth in the first paragraph on Page 1 hereof, and the name of the secured party for purposes of this financing statement is the name of the Lender set forth in the first paragraph on Page 1 hereof. The mailing address of Grantor/debtor is the address of Grantor set forth in the first paragraph on Page 1 of this Deed of Trust. The 10 address of the Lender/secured party is the address of the Lender as set forth in the first paragraph on Page 1 of this Deed of Trust. Grantor is an organization that is a limited liability company organized under the laws of the State of North Carolina. Grantor's organizational identification number is 1500841. Upon the occurrence of a Default hereunder, Lender shall have the right to sell the Personal Property at a public or private sale pursuant to the provisions of Chapter 25 of the North Carolina General Statutes. 1.14 Assignment of Rents. The assignment contained in Paragraph (I) of the Granting Clause shall be fully operative without any further action on the part of either party and, in addition thereto, Grantor does hereby assign and transfer any Leases and Rents to Lender, and specifically Lender and Trustee shall be entitled, at their option, if a Default exists, to all Rents from the Property whether or not Lender or Trustee takes possession of any of the Property. 1.15 After Acquired Property. To the extent permitted by and subject to applicable law, including, but not limited to, North Carolina General Statute § 47-20.5, the lien of this Deed of Trust will automatically attach, without further act, to all after acquired property located in or on, or attached to, or used or intended to be used in connection with, or with the operation of, the Property or any part thereof. 1.16 Intentionally Omitted. 1.17 Intentionally Omitted. 1.18 Flood Hazard. Grantor hereby represents that, to the best of Grantor's knowledge, the Land does not comprise property identified by the Secretary of Housing and Urban Development as an area having special flood hazards. If the Land at any time is so identified by the Secretary of Housing and Urban Development as having special flood hazards, Grantor will cause the Land to be insured against loss by flood hazards in an amount at least equal to the maximum limit of coverage made available with respect to the particular type of property under the National Flood Insurance Act of 1968, as amended by the Flood Disaster Protection Act of 1973. ARTICLE 2 DEFAULTS 2.1 Default. The term Default, wherever used in this Deed of Trust, shall mean any Event of Default under and as defined in the Loan Agreement. ARTICLE 3 REMEDIES 3.1 Acceleration of Maturity. If a Default exists, Grantor agrees that Lender or Trustee may declare, in accordance with and pursuant to the terms of the Loan Agreement, all Secured 11 Obligations to be due and payable immediately, and upon such declaration all Secured Obligations shall immediately become and be due and payable without demand or notice. 3.2 Lender's and Trustee's Right to Enter and Take Possession, Operate and Apply Income. (a) If a Default exists, Grantor, upon demand of Lender or Trustee, shall forthwith surrender to Lender or Trustee the actual possession and, if and to the extent permitted by law, Lender itself, or by such officers or Lenders as it may appoint, may enter upon and take possession of the Property and may exclude Grantor and its agents and employees wholly therefrom, and may have joint access with Grantor to the books, papers and accounts of Grantor. (b) If a Default exists and Grantor shall for any reason fail to surrender or deliver the Property or any part thereof after Lender's or Trustee's demand, Lender or Trustee may obtain a judgment or decree conferring on Lender the right to immediate possession or requiring Grantor to deliver immediate possession of all or part of the Property to Lender and Trustee, and Grantor hereby specifically consents to the entry of such judgment or decree. Grantor shall pay to Lender and Trustee, upon demand, all costs and expenses of obtaining such judgment or decree and reasonable compensation to Lender, its attorneys and Lenders, and all such costs, expenses and compensation shall, until paid, be secured by the lien of this Deed of Trust. (c) Upon every such entering upon or taking of possession, Lender or Trustee may hold, store, use, operate, manage and control the Property and conduct the business thereof, and, from time to time may: (i) make all necessary and proper maintenance, repairs, renewals, replacements, additions, betterments and improvements thereto and thereon and purchase or otherwise acquire additional fixtures, personalty and other property; (ii) insure or keep the Property insured; (iii) manage and operate the Property and exercise all the rights and powers of Grantor in its name or otherwise with respect to the same; and (iv) enter into agreements with others to exercise the powers herein granted Lender and Trustee, all as Lender or Trustee from time to time may determine; and Lender and Trustee may collect and receive all the rents, income and other benefits thereof, including those past due as well as those accruing thereafter; and shall apply the monies so received by Lender or Trustee to the Secured Obligations in accordance with the Loan Agreement. All costs, expenses and liabilities of every character incurred by Lender and Trustee in managing, operating and maintaining the Property shall constitute a portion of the Secured Obligations. While in possession of the Property, Lender, Trustee or the receiver shall be liable to account only for the rents, issues and profits actually received. The taking of possession and collection of rents by Lender shall not be construed to be an affirmation of any lease or acceptance of attornment with respect to any lease of all or any portion of the Property. Lender or Trustee shall surrender possession of the Property to Grantor only in accordance with Section 4.3. 12 3.3 Lender's and Trustee's Power of Enforcement. If a Default exists, Lender may direct the Trustee (and the Trustee shall, if so directed), either with or without entry or taking possession by Lender as hereinabove provided or otherwise, (a) to sell the Property or any part thereof to the extent permitted and pursuant to the procedures provided by the law of the state where the Property is located, and all estate, right, title and interest, claim and demand therein, at one or more sales, as an entirety or in parcels, and at such time and place upon such terms and after such notice thereof as may be required or permitted by law; or (b) to proceed by suit or suits at law or in equity or by any other appropriate proceeding or remedy: (i) to enforce payment under the Loan Documents or the performance of any term hereof or any other right; (ii) to foreclose this Deed of Trust and to sell, as an entirety or in separate lots or parcels, the Property, under the judgment or decree of a court or courts of competent jurisdiction; and (iii) to pursue any other remedy available to it, including without limitation as provided in Section 1.14 hereof. Lender or Trustee shall take action either by such proceedings or by the exercise of its powers with respect to sale or entry or taking possession, or any of them, as it may determine. The remedies conferred upon Trustee shall include the powers of sale Trustee may have under the provisions of Article 2A of Chapter 45 of the General Statutes of North Carolina. If a Default exists, it shall be lawful and the duty of Trustee, upon request of Lender, to sell the Leasehold Estate in the Real Property, or such parts thereof or interests therein as Lender may select, at public auction for cash, after first having given such notice of hearing as to commencement of foreclosure proceedings and obtained such findings or leave of court as then may be required by law and then having given such notice and advertised the time and place of such sale in such manner as then may be provided by law, and upon such sale and any resales and upon compliance with the law then relating to foreclosure proceedings under power of sale, to convey title to the purchaser in as full and ample manner as Trustee is empowered. 3.4 Foreclosure Sale. (a) At the direction of Lender, Trustee may adjourn from time to time any sale to be made by it under or by virtue of this Deed of Trust by announcement at the time and place appointed for such sale or for such adjourned sale or sales and, except as otherwise provided by any applicable provision of law, Trustee, without further notice or publication, may conduct such sale at the time and place to which the same shall be so adjourned. (b) Upon the completion of any sale or sales made by Trustee under or by virtue of this Article III, Trustee shall execute and deliver to the accepted purchaser or purchasers a good and sufficient instrument or instruments, conveying, assigning and transferring all estate, right, title and interest in and to the property and rights sold. Lender and Trustee are hereby irrevocably appointed the true and lawful attorney -in -fact of Grantor, in its name and stead, to make all necessary conveyances, assignments, transfers and deliveries of any part of the Property and rights so sold. Lender and Trustee may, for such purpose, execute all necessary instruments of conveyance, assignment and transfer, and may substitute one or more persons with like power, Grantor hereby ratifying and confirming all that its said attorney or such substitute or substitutes shall lawfully do by virtue hereof. Nevertheless, Grantor, if so requested by Lender or Trustee, shall ratify and confirm any such sale or sales by executing and delivering to Lender, Trustee or to such purchaser or purchasers all such instruments as may be advisable, in the judgment of 13 Lender or Trustee, for the purpose, and as may be designated in such request. Any such sale or sales made under or by virtue of this Article III, whether made under the power of sale herein granted or under or by virtue of judicial proceedings or of a judgment or decree of foreclosure and sale, shall operate to divest all the estate, right, title, interest, claim and demand whatsoever, whether at law or in equity, of Grantor in and to the properties, interests and rights so sold, and shall be a perpetual bar both at law and in equity against Grantor and against any and all persons claiming or who may claim the same, or any part thereof from, through or under Grantor. (c) At any foreclosure sale of the Leasehold Estate in the Real Property, any receiver or public officer, or Lender, may bid for and purchase the Property and, upon compliance with the terms of sale, may hold, retain and possess and dispose of such property in their own absolute right without further accountability. (d) The proceeds of any sale held by Trustee in foreclosure of the lien evidenced hereby shall be applied in accordance with the requirements of applicable laws and to the extent consistent therewith, FIRST, to the payment of all necessary costs and expenses incident to such foreclosure sale, including but not limited to all reasonable attorneys' fees and legal expenses, advertising costs, auctioneer's fees, costs of title rundowns and lien searches, inspection fees, appraisal costs, fees for professional services, environmental assessment and remediation fees, all court costs and charges of every character, and a reasonable fee to Trustee (not exceeding five percent (5%) of the gross proceeds of such sale; provided however in the event no sale is held then Trustee shall be entitled to such customary compensation as otherwise permitted under N.C.G.S. § 45-21.15(b)(3)) and to the payment of the other Secured Obligations, including specifically without limitation the principal, accrued interest and reasonable attorneys' fees due and unpaid on any Note and the amounts due and unpaid and owed to Lender under this Deed of Trust, the order and manner of application to the items in this clause FIRST to be in Lender's sole discretion; and SECOND, the remainder, if any, shall be paid to Grantor, or to Grantor's heirs, devisees, representatives, successors or assigns, or such other persons (including the holder or beneficiary of any inferior lien) as may be entitled thereto by law; provided, however, that if Lender is uncertain which person or persons are so entitled, Lender may interplead such remainder in any court of competent jurisdiction, and the amount of any reasonable attorneys' fees, court costs and expenses incurred in such action shall be a part of the secured indebtedness and shall be reimbursable (without limitation) from such remainder. 3.5 Leases. Lender, at its option following a Default, is authorized to instruct Trustee to foreclose this Deed of Trust subject to the rights of any tenants of the Property. The failure to make any such tenants parties defendant to any such foreclosure proceedings and to foreclose their rights will not be asserted by Grantor to be, a defense to any proceedings instituted by Lender to collect the sums secured hereby or to collect any deficiency remaining unpaid after the foreclosure sale of the Property. 3.6 Application of Indebtedness Toward Purchase Price. Upon any such sale, Lender may, if permitted by law, and after allowing for costs and expenses of the sale, compensation and other charges, in paying the purchase price, apply all or any portion of the Secured Obligations, in lieu of cash, to the amount which shall, upon distribution of the net proceeds of such sale, be payable thereon, to the extent of the purchase price. 14 3.7 Waiver by Grantor. To the fullest extent permitted under applicable law, Grantor hereby waives all errors and imperfections in any proceedings instituted by Lender or Trustee under this Deed of Trust or any other Loan Document and all benefit of any present or future statute of limitations or any other present or future statute, law, stay, moratorium, appraisal or valuation law, regulation or judicial decision, and Grantor shall not at any time insist upon or plead, or in any manner whatsoever, claim or take any benefit or advantage of any such statute, law, stay, moratorium, regulation or judicial decision which (i) provides for the valuation or appraisal of the Property prior to any sale or sales thereof which may be made pursuant to any provision herein or pursuant to any decree, judgment or order of any court of competent jurisdiction, (ii) exempts any of the Property or any other property, real or personal, or any part of the proceeds arising from any sale thereof, from attachment, levy or sale under execution, (iii) provides for any stay of execution, moratorium, marshalling of assets, exemption from civil process, redemption or extension of time for payment, (iv) requires Lender to institute proceedings in mortgage foreclosure against the Property before exercising any other remedy afforded Lender hereunder with respect to any Default, (v) affects any of the terms, covenants, conditions or provisions of this Deed of Trust, or (vi) conflicts with or may affect, in a manner which may be adverse to Lender or Trustee, any provision, covenant, condition or term of this Deed of Trust or any other Loan Document, nor shall Grantor at any time after any sale or sales of the Property pursuant to any provision herein, including, but without limiting the generality of the foregoing, after any sale pursuant to a judgment of foreclosure, claim or exercise any right under any present or future statute, law, stay, moratorium, regulation or judicial decision to redeem the Property or the portion thereof so sold. (a) Grantor hereby waives the right, if any, to require any sale to be made in parcels, or the right, if any, to select parcels to be sold, and there shall be no requirement for marshalling of assets with respect to either the Property or any other collateral. (b) Grantor hereby consents to service in the manner provided for notices as set forth in Section 8.01 of the Loan Agreement. 3.8 Receiver. If a Default exists, Lender or Trustee, to the extent permitted by law and without notice to Grantor or regard to the value of the Property or the adequacy of the security or occupancy of the Property, shall be entitled as a matter of right if it so elects to the appointment of a receiver to enter upon and take possession of the Property and to collect all rents, revenues, issues, income, product and profits thereof and apply the same as the court may direct. The receiver shall have all rights and powers permitted under the laws of the jurisdiction where the Property is located and such other powers as the court making such appointment shall confer. The expenses, including receiver's fees, attorneys' fees, costs and Lender's compensation, incurred pursuant to the powers herein contained shall be secured by this Deed of Trust. The right to enter and take possession of and to manage and operate the Property, and to collect the rents, issues and profits thereof, whether by a receiver or otherwise, shall be cumulative to any other right or remedy hereunder or afforded by law, and may be exercised concurrently therewith or independently thereof. Lender and Trustee shall be liable to account only for such rents, issues and profits actually received by Lender and Trustee, respectively. Notwithstanding the appointment of any receiver or other custodian, Lender and Trustee shall be entitled as pledgee to the possession and control of any cash, deposits, or instruments at the time held by, or payable or deliverable under the terms of this Deed of Trust to, Lender and Trustee. 15 3.9 Suits to Protect the Property. Lender and Trustee shall have the power and authority to institute and maintain any suits and proceedings as Lender or Trustee may deem advisable to (i) prevent any impairment of the Property by any acts which may be unlawful or any violation of this Deed of Trust, (ii) preserve or protect Lender's and Trustee's interest in the Property, and (iii) restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order might impair the security hereunder or be prejudicial to Lender's and Trustee's interest. Grantor agrees that if any action or proceeding be commenced, excepting an action to foreclose this Deed of Trust or to collect the indebtedness hereby secured, to which action or proceeding Lender or Trustee is a party by reason of the execution of this Deed of Trust or the other Loan Documents, or in which it becomes necessary to defend or uphold the lien of this Deed of Trust, all sums paid by Lender and Trustee for the expense of any litigation to prosecute or defend the transaction and the rights and lien created hereby (including, without limitation, reasonable attorneys' fees) shall be paid by Grantor together with interest thereon from the date of payment by Lender or Trustee at the rate applicable to the respective Loans under the Loan Agreement. All such sums paid and the interest thereon shall be a lien upon the Property, and shall be secured hereby. 3.10 Proofs of Claim. In the case of any receivership, insolvency, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceedings affecting Grantor or any guarantor, co -maker or endorser of any of Grantor's obligations, its creditors or its property, Lender and Trustee, to the extent permitted by law, shall be entitled to file such proofs of claim and other documents as may be necessary or advisable in order to have Lender's and Trustee's claims allowed in such proceedings for the entire amount due and payable by Grantor under this Deed of Trust and any other Loan Document, at the date of the institution of such proceedings, and for any additional amounts which may become due and payable by Grantor after such date. 3.11 Grantor to Pay the Indebtedness on Any Default in Payment; Application of Monies Lender and Trustee. (a) If a Default exists, then, upon demand by Lender or Trustee, Grantor shall pay to Lender or Trustee the whole amount which then shall have become due and payable under the Loan Documents. If Grantor shall fail to pay such amounts forthwith upon such demand, Lender or Trustee shall be entitled to sue for and to recover judgment against Grantor for the whole amount so due and unpaid together with costs and expenses, including without limitation the reasonable compensation, expenses and disbursements of Lender's or Trustee's attorneys and other representatives, either before, after or during the pendency of any proceedings for the enforcement of this Deed of Trust. The right of Lender and Trustee to recover such judgment shall not be affected by any taking possession or foreclosure sale hereunder, or by the exercise of any other right, power or remedy for the enforcement of the terms of this Deed of Trust, or the foreclosure of the lien hereof. 16 (b) In case of a foreclosure sale of all or any part of the Property and of the application of the proceeds of sale to the payment of the sums secured hereby, Lender and Trustee shall be entitled to enforce payment from Grantor of all amounts then remaining due and unpaid and to recover judgment against Grantor for any portion thereof remaining unpaid, with interest. (c) Grantor hereby agrees, to the extent permitted by law, that no recovery of any such judgment by Lender or Trustee and no attachment or levy of any execution upon any of the Property or any other property shall in any way affect the lien of this Deed of Trust upon the Property or any part thereof or any lien, rights, powers or remedies of Lender or Trustee hereunder, but such lien, rights, powers and remedies shall continue unimpaired as before. (d) Any monies collected or received by Lender or Trustee under this Section 3.11 shall be applied to the payment of compensation, expenses and disbursements of the attorneys and other representatives of Lender or Trustee, and the balance remaining shall be applied to the Secured Obligations in accordance with the Loan Agreement. (e) The provisions of this paragraph shall not be deemed to limit or otherwise modify the provisions of any guaranty of the Secured Obligations. 3.12 Discontinuance of Proceedings; Position of Parties Restored. If Lender or Trustee shall have proceeded to enforce any right or remedy under this Deed of Trust by foreclosure, entry or otherwise and such proceedings shall have been discontinued or abandoned for any reason, or such proceedings shall have resulted in a final determination adverse to Lender, then and in every such case, to the extent permitted by law, Grantor and Lender and Trustee shall be restored to their former positions and rights hereunder, and all rights, powers and remedies of Lender and Trustee shall continue as if no such proceedings had occurred or had been taken and no such proceedings or actions shall be deemed to be a cure by Grantor or a waiver by Lender or Trustee of any default hereunder or under any other Loan Document. 3.13 Limitation on Lender's Duty in Respect of Property. Trustee and Lender shall use reasonable care with respect to the Property in its possession or under its control. Neither Trustee nor Lender shall have any other duty as to any Property in its possession or control or in the possession or control of any agent or nominee of Trustee or Lender, or any income thereon or as to the preservation of rights against prior parties or any other rights pertaining thereto. 3.14 Reinstatement. This Deed of Trust shall remain in full force and effect and continue to be effective should any petition be filed by or against Grantor for liquidation or reorganization, should Grantor become insolvent or make an assignment for the benefit of any creditor or creditors or should a receiver or trustee be appointed for all or any significant part of Grantor's assets, and shall continue to be effective or be reinstated, as the case may be, if at any time payment and performance of the Secured Obligations, or any part thereof, is, pursuant to applicable law, rescinded or reduced in amount, or must otherwise be restored or returned by any obligee of the Secured Obligations, whether as a "voidable preference," "fraudulent conveyance," or otherwise, all as though such payment or performance had not been made. In the event that any payment, or any part thereof, is rescinded, reduced, restored or returned, the Secured Obligations shall be 17 reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned. 3.15 No Waiver, Cumulative Remedies. Neither Trustee nor Lender shall by any act, delay, omission or otherwise be deemed to have waived any of its rights or remedies hereunder, and no waiver shall be valid unless in writing, signed by Lender and Trustee and then only to the extent therein set forth. A waiver by Lender and Trustee of any right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy which Lender or Trustee would otherwise have had on any future occasion. No failure to exercise nor any delay in exercising on the part of Trustee or Lender, any right, power or privilege hereunder, shall operate as a waiver thereof, nor shall any single or partial exercise of any right, power or privilege hereunder preclude any other or future exercise thereof or the exercise of any other right, power or privilege. The rights and remedies hereunder provided are cumulative and may be exercised singly or concurrently, and are not exclusive of any rights and remedies provided by law. None of the terms or provisions of this Deed of Trust may be waived, altered, modified or amended except by an instrument in writing, duly executed by Lender, Trustee and Grantor. 3.16 Limitation by Law. All rights, remedies and powers provided in this Deed of Trust may be exercised only to the extent that the exercise thereof does not violate any applicable provision of law, and all the provisions of this Deed of Trust are intended to be subject to all applicable mandatory provisions of law that may be controlling and to be limited to the extent necessary so that they shall not render this Deed of Trust invalid, unenforceable, in whole or in part, or not entitled to be recorded, registered or filed under the provisions of any applicable law. 3.17 Payment of Costs and Expenses. Grantor further agrees to pay or reimburse Lender for all costs, expenses and other advances which may be incurred or made by Lender or Trustee to protect or preserve the Property or to enforce any terms of this Deed of Trust, including the exercise of any rights or remedies afforded to Lender or Trustee or both of them under this Article III, whether any lawsuit is filed or not, or in defending any action or proceeding arising under or relating to this Deed of Trust, including reasonable attorneys' fees and other legal costs, costs of any sale of the Property and any cost of evidence of title; provided, however, that the foregoing indemnity agreement shall not apply to any claims, damages, losses, liabilities and expenses to the extent attributable to Lender or Trustee's fraud, gross negligence or willful misconduct. Notwithstanding anything to the contrary herein, any attorneys' fees payable or awarded under this Deed of Trust shall be based on actual time worked and the regular billing rates of such attorneys. ARTICLE 4 MISCELLANEOUS PROVISIONS 4.1 Addresses for Notices, Etc. Except as otherwise provided herein, whenever it is provided herein that any notice, demand, request, consent, approval, declaration or other communication shall or may be given to or served upon any of the parties by any other party, or whenever any of the parties desires to give and serve upon any other party any communication with respect to this Deed of Trust, each such notice, demand, request, consent, approval, In declaration or other communication shall be in writing and shall be given in the manner, and deemed received, as provided for in the Loan Agreement. 4.2 Severability. Whenever possible, each provision of this Deed of Trust shall be interpreted in a manner as to be effective and valid under applicable law, but if any provision of this Deed of Trust shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity without invalidating the remainder of such provision or the remaining provisions of this Deed of Trust. This Deed of Trust is to be read, construed and applied together with the Loan Agreement and the other Loan Documents which, taken together, set forth the complete understanding and agreement of Trustee, Lender, and Grantor with respect to the matters referred to herein and therein. 4.3 Termination. Subject to Section 3.14 hereof, when all of the Secured Obligations have been paid in full in cash and all commitments to make any loans have terminated, in accordance with the Loan Agreement, this Deed of Trust shall automatically terminate, and Trustee shall promptly reconvey the Property, or so much of it as is then held under this Deed of Trust, without warranty to Grantor or the person or persons legally entitled to it. Neither Lender nor Trustee shall have any duty to determine the rights of persons claiming to be rightful grantees of any such reconveyance. When the Property has been fully released, the last release will operate, as applicable, as a reassignment of all future Rents of the Property to the person legally entitled. 4.4 Successors and Assigns. This Deed of Trust and all obligations of Grantor hereunder shall be binding upon the successors and assigns of Grantor (including any debtor -in - possession on behalf of Grantor) and shall, together with the rights and remedies of Lender and Trustee, for the benefit of Lender, hereunder, inure to the benefit of Lender, Trustee, all future holders of any instrument evidencing any of the Secured Obligations and their respective successors and assigns. No sales of participations, other sales, assignments, transfers or other dispositions of any agreement governing or instrument evidencing the Secured Obligations or any portion thereof or interest therein shall in any manner affect the Lien granted to Lender, and/or Trustee, for the benefit of Lender, hereunder. Grantor may not assign, sell, hypothecate or otherwise transfer any interest in or obligation under this Deed of Trust. 4.5 Counterparts. This Deed of Trust may be executed in any number of separate counterparts, each of which shall collectively and separately constitute one and the same agreement. 4.6 GOVERNING LAW. THIS DEED OF TRUST, AND ITS VALIDITY, ENFORCEMENT AND INTERPRETATION, SHALL BE GOVERNED BY AND CONSTRUED, INTERPRETED AND ENFORCED IN ACCORDANCE WITH AND PURSUANT TO THE LAWS OF THE STATE OF NORTH CAROLINA (WITHOUT REGARD TO ANY CONFLICT OF LAWS PRINCIPLES) AND APPLICABLE UNITED STATES FEDERAL LAW. 4.7 Inconsistent Provisions. To the extent that any of the provisions of this Deed of Trust is inconsistent with the provisions of the Loan Agreement covering the same subject matter, the provisions of the Loan Agreement shall control. 19 4.8 Section Titles. The Section titles contained in this Deed of Trust are and shall be without substantive meaning or content of any kind whatsoever and are not a part of the agreement between the parties hereto. 4.9 No Strict Construction. The parties hereto have participated jointly in the negotiation and drafting of this Deed of Trust. In the event an ambiguity or question of intent or interpretation arises, this Deed of Trust shall be construed as if drafted jointly by the parties hereto and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any provisions hereof. 4.10 Advice of Counsel. Each of the parties represents to each other party hereto that it has discussed this Deed of Trust with its counsel. 4.11 Benefit of Secured Parties. All Liens granted or contemplated hereby shall be for the benefit of Trustee and Lender, and all proceeds or payments realized from the Property in accordance herewith shall be applied to the Secured Obligations in accordance with the terms of the Loan Agreement. ARTICLE 5 DEED OF TRUST PROVISIONS 5.1 Concerning the Trustee. Trustee shall be under no duty to take any action hereunder except as expressly required hereunder or by law or to perform any act which would involve Trustee in any expense or liability or to institute or defend any suit in respect hereof, unless properly indemnified to Trustee's reasonable satisfaction. Trustee, by acceptance of this Deed of Trust, covenants to perform and fulfill the trusts herein created. Trustee shall not be answerable or accountable hereunder except for its own willful misconduct or gross negligence, and Grantor agrees to indemnify, defend and hold Trustee harmless from and against any cost, loss, damage, liability or expense (including, without limitation, reasonable attorneys' fees and disbursements) which Trustee may incur or sustain in the exercise or performance of its powers and duties hereunder. Trustee hereby waives any statutory fee and agrees to accept reasonable compensation, in lieu thereof, for any services rendered by Trustee in accordance with the terms hereof. Trustee may resign at any time upon giving at least thirty (30) days' written notice to Grantor and Lender. In the event of the death, removal, resignation, refusal or inability to act of Trustee, or in its sole discretion for any reason whatsoever or for no reason, Lender may, without notice and without specifying any reason therefor and without applying to any court, select and appoint a successor trustee, by an instrument recorded wherever this Deed of Trust is recorded, and all powers, rights, duties and authority of Trustee, as aforesaid, shall thereupon become vested in such successor. Such substitute trustee shall not be required to give bond for the faithful performance of the duties of Trustee hereunder unless required by Lender. The procedure provided for in this paragraph for substitution of Trustee shall be in addition to and not in exclusion of any other provisions for substitution, by law or otherwise. 5.2 Trustee's Fees. Grantor shall pay all reasonable, documented costs, customary fees and expenses incurred by Trustee (such Trustee fee not to exceed five percent (5%) of the gross 20 proceeds of any foreclosure sale; provided however in the event no such sale is held then Trustee shall be entitled to customary compensation as otherwise permitted under N.C.G.S. § 45- 21.15(b)(3)) and Trustee's counsel in connection with the performance by Trustee of Trustee's duties hereunder, and all such costs, fees and expenses shall be secured by this Deed of Trust. Notwithstanding anything to the contrary herein, any attorneys' fees payable or awarded under this Deed of Trust shall be based on actual time worked and the regular billing rates of such attorneys. 5.3 Certain Rights. Trustee shall not be personally liable in case of entry by Trustee, or anyone entering by virtue of the powers herein granted to Trustee, upon the Property for debts contracted for or liability or damages incurred in the management or operation of the Property. Trustee shall have the right to rely on any instrument, document, or signature authorizing or supporting an action taken or proposed to be taken by Trustee hereunder, which is believed by Trustee in good faith to be genuine. 5.4 Retention of Money. All moneys received by Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated in any manner from any other moneys (except to the extent required by applicable law), and Trustee shall be under no liability for interest on any moneys received by Trustee hereunder. 5.5 Perfection of Appointment. Should any deed, conveyance or other instrument of any nature be required from Grantor by Trustee or any substitute trustee to more fully and certainly vest in and confirm to Trustee or such substitute trustee the estates, rights, powers, and duties conferred hereunder unto Trustee, then, upon request by Trustee or such substitute trustee, any and all such deeds, conveyances and instruments shall be made, executed, acknowledged, and delivered and shall be caused to be recorded and/or filed by Grantor at its sole expense. 5.6 Succession Instruments. Any substitute trustee appointed pursuant to any of the provisions hereof shall, without any further act, deed or conveyance, become vested with all the estates, properties, rights, powers, and trusts of its predecessor in the rights hereunder with like effect as if originally named as Trustee herein; but nevertheless, upon the written request of Lender or of the substitute trustee, the predecessor trustee ceasing to act shall execute and deliver any instrument transferring to such substitute trustee, upon the trusts herein expressed, all of the estates, properties, rights, powers and trusts of such predecessor trustee so ceasing to act, and shall duly assign, transfer and deliver any of the property and moneys held by such trustee to such substitute trustee. ARTICLE 6 FUTURE ADVANCES 6.1 Future Advances. All terms and conditions under which future advances may be made are set forth in the Loan Agreement, which is incorporated herein by reference. Future advances shall be made pursuant to the provisions of Section 45-67 et seq. of the North Carolina General Statutes. This Deed of Trust secures payment of Secured Obligations including present and future advances. No execution of a written instrument or notation shall be necessary to 21 evidence or secure any future advances made hereunder. This Deed of Trust secures all present and future credit extensions made by the Lender under the Loan Documents, and all other sums from time to time owing to the Lender by Grantor and/or the other Loan Parties under the Loan Documents. The maximum principal that may be secured by this instrument at any one time is Twenty -Five Million Dollars and 00/100 Cents ($25,000,000.00). The time period within which such future disbursements are to be made is the period between the date hereof and the date two (2) years from the date hereof. [Signature follows on next page] 22 IN WITNESS WHEREOF, Grantor has executed this Deed of Trust as of the date first above written_ CAROLINA POULTRY POWER RG2, LLC, a North Carolina limited liability company By:� Name: Richard Deming Title. Chief Executive Officer STATE OF Cif j S5. COUNTY OF On this day of '- , 2022, before me, a Notary Public in and for said State, personally appeared Richard Deming; the Chief Executive Officer of Carolina Poultry Power RG2, LLC, known to me to be the person who executed the within Leasehold Deed of Trust, Security Agreement and Fixture Filing on behalf of said company, and acknowledged to me that he executed the same for the purposes therein stated. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal in the County or City and State aforesaid, the day and year first above written. (SEAL) Notary Phis P 3 _ i My Commission Expires: 1 KELLY RENEE GOODMAN Notary Public North Carolina Pitt County Signature Page to Leasehold Deed of Trust VXATRTT A LEGAL DESCRIPTION Lying and being situate in Wilson County, North Carolina, and being more particularly described as follows: The premises and easement rights described in that certain Lease Agreement, dated June 24, 2021, as amended, between Stockport Limited Partnership and Carolina Poultry Power RG2, LLC, a memorandum of which is recorded in Book 2983, Page 528 , in the office of the Register of Deeds of Wilson County, and more particularly described as follows: Premises: Beginning at an iron pipe on the western right-of-way of the Norfolk -Southern Railroad. Said point being the eastern common corner of the Timothy Early Rhodes property as described in the Deed Book 2698, Page 75 of the Wilson County Register of Deeds office and the City of Wilson property as shown in Plat Book 40, Pages 242-243. From the above -described beginning, so located running thence as follow: Leaving the western right-of-way of the Norfolk -Southern Railroad right-of-way and with the northern line of the said Rhodes property, S 83 °09' 15" W 405.61', thence leaving said Rhodes northern line, N 37012'06" W 559.49', thence N 52047'54" E 350.00' to an iron pipe on the western right-of-way of the Norfolk -Southern Railroad right-of-way, thence with said railroad right-of-way, S 37012'06" E 764.47' to the point of beginning containing 5.319 acres. Easement Area: Beginning at a point located S 52047'54" W 350.00' from an iron pipe on the western right-of- way of the Norfolk -Southern Railroad right-of-way. Said point on Railroad right-of-way being located N 37012'06" W 764.47' as measured along the western right-of-way of the Norfolk - Southern Railroad right-of-way from an iron pipe located at the eastern common corner of the Timothy Earl Rhodes property described in Deed Book 2698, Page 75 and the City of Wilson property as shown in Plat Book 40, Pages 242-243 both of the Wilson County Register of Deeds Office. From the above -described beginning, so located, running thence as follows: S 37012'06" E 20.00', thence S 52047'54" W 810.53', thence S 18058'52" E 95.68' to the northern line of the aforesaid Timothy Early Rhodes property, thence with said Rhodes property S 71027'08" W 20.00', thence leaving said Rhodes line, N 18058'52" W 110.00', thence N 52047'54" E 825.00' to the point of beginning containing 0.423 acre. Together with: Together with easements rights in an Easement Agreement recorded in Book 2983 at Page 512 Wilson County Registry, North Carolina. FXHTRTT R PERMITTED EXCEPTIONS Those exceptions set forth as Items #2, 3, 4, 5, 9, 13, 14, 17, 18, 20, 21, 22, 23, 24, 25, 26, 28, 31, and 32 on Schedule B-11 of that certain ALTA Commitment for Title Insurance (the "Title Commitment") for the Premises, which Title Commitment has been issued by Investor's Title Commercial Agency as issuing agent for Old Republic National Title Insurance Company, with an Effective Date of September 7, 2022, and bearing the Commitment Number #202140084CAO. Type: CRP Recorded: 9/15/2022 9:04:15 AM Fee Amt: $64.00 Page 1 of 26 Wilson, NC Lisa J. Stith Register of Deeds BK 2983 PG 612 - 637 Prepared by and after recording return to: Brodnan & Budd, LLC 999 Peachtree Street NE Suite 1105 Atlanta, Georgia 30309 Attention: Matthew P. Brodnan, Esq. STATE OF NORTH CAROLINA) LEASEHOLD DEED OF TRUST, SECURITY AGREEMENT AND COUNTY OF WILSON ) FIXTURE FILING COLLATERAL IS AND INCLUDES FIXTURES THIS DEED OF TRUST SECURES FUTURE ADVANCES Dated September 13, 2022 Location: 3100 Stantonsburg Road, Wilson, North Carolina 27893 Grantor's Organizational ID Number: 1500841 submitted electronically by "Investors Title Insurance company" in compliance with North Carolina statutes governing recordable documents and the terms of the submitter agreement with the Wilson county Register of Deeds. LEASEHOLD DEED OF TRUST, SECURITY AGREEMENT AND FIXTURE FILING THIS LEASEHOLD DEED OF TRUST, SECURITY AGREEMENT AND FIXTURE FILING (as amended, supplemented or otherwise modified from time to time, this "Deed of Trust"), is made as of September 13, 2022, by Carolina Poultry Power RG2, LLC, a North Carolina limited liability company, having an address of 3697 North Main Street, Farmville, North Carolina 27828, as trustor (the "Grantor"), to Investor's Title Commercial Agency as issuing agent for Old Republic National Title Insurance Company, having an address of 5925 Carnegie Boulevard, Suite 550, Charlotte, North Carolina 28209, as trustee (the "Trustee"), for the benefit of West Town Bank & Trust, an Illinois chartered bank with an address at 4850 Falls of Neuse Road, Suite 202, Raleigh, North Carolina 27615, as beneficiary (together with its successors and assigns, the "Lender" or the `Beneficiary"). RECITALS: WHEREAS, Grantor is the legal owner and holder of the lessee's interest under that certain Lease Agreement, dated as of June 24, 2021 by and between Stockport Limited Partnership (the "Lessor"), and the Grantor, and as evidenced by that certain Memorandum of Lease, recorded on September 14, 2022, in Book 2983 Page 528 , Wilson County Registry (as may be amended, supplemented, amended and restated or otherwise modified from time to time hereafter, unless not consented to by Lender to the extent required by this Deed of Trust, the "Ground Lease"), which Ground Lease affects the real property described on Exhibit A hereto (the "Real Property"). WHEREAS, pursuant to that certain Loan Agreement dated as of even date herewith evidencing a loan in the original aggregate principal amount of Nine Million Dollars and 00/100 Cents ($9,000,000.00), and that certain Loan Agreement dated as of even date herewith evidencing a loan in the original aggregate principal amount of One Million Four Hundred Seventeen Thousand Five Hundred Six Dollars and 00/100 Cents ($1,417,506.00) (as each may be amended, supplemented or otherwise modified from time to time, individually or collectively as the context may require, the "Loan Agreement"), each between Grantor (in such capacity, the "Borrower") and the Lender, the Lender has agreed to make loans in the original aggregate principal amount of Ten Million Four Hundred Seventeen Thousand Five Hundred Six Dollars and 00/100 Cents ($10,417,506.00) (individually or collectively as the context may require, the "Loan") in order to finance a portion of the costs of the development and installation of a biomass facility owned by Borrower and located on the Real Property. The Loan bears interest as provided in the Loan Agreement on the principal amount of the Note (as defined in the Loan Agreement) from time to time outstanding, and the interest rate applicable to the Loan varies from time to time in accordance with formula set forth in the Note. WHEREAS, Grantor is executing this Deed of Trust pursuant to the Loan Agreement. All capitalized terms used but not otherwise defined herein have the meanings provided in the Loan Agreement. GRANTING CLAUSE NOW THEREFORE, Grantor, for the purpose of securing all present and future debts, obligations and liabilities, whether such debts, obligations or liabilities be direct or indirect, primary or secondary, joint or several, fixed or contingent, of Grantor arising pursuant to, and/or on account of, the provisions of this Deed of Trust, the Loan Agreement or any of the other Loan Documents, including, without limitation, the obligations (1) to pay all Obligations (as defined in the Loan Agreement), including without limitation, all principal, interest, late charges, prepayment premiums (if any) and other amounts due at any time under the Loan Agreement or any of the other Loan Documents, (2) to pay all expenses, indemnification payments, fees and other amounts due at any time under this Deed of Trust, the Loan Agreement or any of the other Loan Documents, together with interest thereon as herein or therein provided, (3) to perform, observe and comply with all of the other terms, covenants and conditions, expressed or implied, which Grantor is required to perform, observe or comply with pursuant to this Deed of Trust, the Loan Agreement or any of the other Loan Documents, and (4) to pay and perform all future advances (including without limitation any expenditures for insurance, taxes and assessments or other necessary expenditures for the protection of the value of the Property (as hereinafter defined)) and other obligations that Grantor or any successor in ownership of all or part of the Property may agree to pay and/or perform (whether as principal, surety or guarantor) for the benefit of Lender (collectively, the "Secured Obligations"), and in consideration of the Recitals above stated, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, hereby irrevocably mortgages, pledges, warrants, gives, grants, assigns, bargains, sells, releases, transfers, aliens, enfeoffs and conveys to Trustee, and Trustee's successors and assigns, in trust with power of sale for the benefit of Lender, all of the right, title and interest of Grantor in and to all of the following property (collectively, the "Property"): (A) Leasehold Estate: Grantor's leasehold estate (the "Leasehold Estate") created, and owned by Grantor, by virtue of the Ground Lease, which Ground Lease demises the Real Property more particularly described in the Ground Lease and all of Grantor's right, title and interest in, to and under the Ground Lease, including without limitation, all credits, deposits, options, right to terminate, rights of first refusal or first offer and all privileges of Grantor thereunder; (B) Land: All estates therein now owned or hereafter acquired by Grantor for use or development with the Real Property or any portion thereof, together with all and singular the tenements, rights, easements, hereditaments, rights of way, privileges, liberties, appendages and appurtenances now or hereafter belonging or in any way pertaining to the Real Property and estates therein; all development rights, air rights, water, water rights, water stock, gas, oil, minerals, coal and other substances of any kind or character underlying or relating to the Real Property; all estate, claim, demand, right, title or interest of Grantor in and to any street, road, highway, or alley adjoining the Real Property or any part thereof, all strips and gores belonging, adjacent or pertaining to the Real Property; and, any after -acquired title to any of the foregoing (herein collectively referred to as the "Land"); (C) Improvements and Fixtures: All buildings, structures and other improvements and any additions and alterations thereto or replacements thereof, now or hereafter built, constructed or located upon the Land, and all articles of property which are considered fixtures under 2 applicable law (including the Biomass Facility (as defined below), to the extent constituting fixtures) and a part of the real property encumbered hereby (such buildings, structures and other improvements and fixtures are herein collectively referred to as the "Improvements"). The Land, the Improvements and Grantor's Leasehold Estate in any other property constituting real estate under applicable law are herein collectively referred to as the "Premises"; (D) Biomass Equipment and Other Personal Property. The biomass facility owned by Borrower, including without limitation any and all equipment or property related to the support, operation, maintenance and connected in any way to that biomass project installed or placed, or to be installed or placed on the Real Property (collectively, the "Biomass Facility"), and all other equipment and all other tangible property of any kind or character now or hereafter owned by Grantor, regardless of whether located on the Land or located elsewhere; (E) Intangibles: To the extent assignable, all goodwill, trademarks, trade names, option rights, purchase contracts, real and personal property tax refunds, books and records and general intangibles of Grantor relating to the Premises and the Biomass Facility and all accounts, contract rights, instruments, chattel paper and other rights of Grantor for the payment of money for property sold or lent, for services rendered, for money lent, or for advances or deposits made, and any other intangible property of Grantor relating to the Premises; (F) Plans: To the extent assignable, all plans and specifications, designs, drawings and other information, materials and matters heretofore or hereafter prepared relating to the Improvements, the Biomass Facility or any construction on the Land; (G) Permits: To the extent assignable, all permits, franchises, licenses, approvals and other authorizations respecting the use, occupation and operation of the Premises, the Biomass Facility and every part thereof and respecting any business or other activity conducted on or from the Premises, and any product or proceed thereof or therefrom, including, without limitation, all building permits and other licenses, permits and approvals issued by governmental authorities having jurisdiction; (H) Contracts: To the extent assignable, all agreements, contracts, certificates, instruments, warranties, appraisals, engineering, environmental, soils, insurance and other reports and studies, books, records, correspondence, files and advertising materials, and other documents, now or hereafter obtained or entered into, as the case may be, pertaining to the construction, use, possession, operation, management, leasing, maintenance and/or ownership of the Premises; (I) Rents: All rents, royalties, income, issues, profits, revenues and other benefits to which Grantor may now or hereafter be entitled from the property described in (A) through (H) above (collectively, the "Rents") to be applied against the Secured Obligations; Q) Leases: All leases (other than the Ground Lease), subleases, underlettings, concession agreements, licenses and other occupancy agreements (collectively, the "Leases"), whether written or oral, which now or hereafter may affect the property described in (A) through (H) above, together with all security therefor and all monies payable thereunder, and all books and records which contain payments made under the Leases and all security therefor; 3 (K) Proceeds: Subject to Applicable Laws, all proceeds of the conversion, voluntary or involuntary of any of the foregoing into cash or liquidated claims, including, without limitation, proceeds of insurance and condemnation awards; (L) Collateral: To the extent not otherwise described in (A) through (K) above, all the "Collateral", as such term is defined in the Loan Agreement; and (M) Other Property: All other property and rights of Grantor of every kind and character relating to the Premises, all proceeds and products of any of the foregoing. AND, without limiting any of the other provisions of this Deed of Trust, Grantor expressly grants to Lender, as secured party, a security interest in all of those portions of the Property which are or may be subject to the Uniform Commercial Code provisions applicable to secured transactions in the State of North Carolina (the "State"). TO HAVE AND TO HOLD THE PROPERTY unto Trustee, its successors and assigns, in trust, forever until termination in accordance with Section 4.3 hereof, upon the trusts, terms and conditions and for the uses and purposes hereinafter set out. ARTICLE 1 WARRANTIES, REPRESENTATIONS AND COVENANTS Grantor warrants, represents, covenants and agrees with Lender and Trustee, as follows: 1.1 Payments. Grantor agrees that it will duly and punctually pay and perform, or cause to be paid and performed, each of the Secured Obligations at the time and in accordance with the terms of the Loan Agreement and the other Loan Documents. 1.2 Title to Property; Liens. (a) Grantor has a valid, enforceable Leasehold Estate and Grantor has lawful authority to encumber and convey the Property; (b) the Property is free and clear of all Liens except for Liens expressly permitted on the Property under the Loan Agreement and the encumbrances on the Premises set forth on Exhibit B attached hereto (collectively, "Permitted Exceptions") and Grantor shall at all times keep the Property free and clear of all Liens other than the Permitted Exceptions; (c) Grantor will maintain and preserve the lien of this Deed of Trust until termination in accordance with Section 4.3 hereof, (d) to the best of Grantor's knowledge, there are presently no leases (other than the Ground Lease and the Master Lease), subleases, underlettings, concession agreements, licenses or other occupancy agreements affecting the Property or any other parties in possession, other than Grantor, at the Premises; (e) Grantor fully warrants and will forever defend the title to the Property against the claims of all Persons whosoever claiming or to claim the same or any part thereof, other than those claims relating to Permitted Exceptions, and Grantor agrees that the foregoing covenant shall not be extinguished by any foreclosure of this Deed of Trust but shall run with the Leasehold Estate; and (f) Grantor will not, without the prior written consent of Lender, (i) initiate or support any zoning reclassification of the Land or use or permit the use of the Property in a manner which would result in such use becoming a nonconforming use under applicable zoning ordinances or the Ground Lease, (ii) M impose or consent to the imposition of any public or private restrictive covenants upon the Land, (iii) execute, file or consent to any subdivision plat affecting the Land or consent to the annexation of the Land to any municipality, or (iv) knowingly permit or suffer the Land to be used by the public or any Person in such manner as might make possible a claim of adverse usage or possession or of any implied dedication or easement. 1.3 Status of Property. (a) Grantor has obtained or will obtain, and will maintain in full force and effect, in each case to the extent required by the Ground Lease, all certificates, licenses, permits and other approvals necessary for the operation and use of the Property, including without limitation all zoning, building code, land use and other similar permits or approvals; (b) to the best of Grantor's knowledge, the Premises and the present and contemplated use and occupancy thereof are in full compliance with all applicable zoning ordinances, building codes, land use laws and other similar laws and none of the Improvements or the Biomass Facility lies outside of the boundaries of the Land or the applicable building restriction lines and no improvements on adjoining properties materially encroach upon the Land; (c) to the best of Grantor's knowledge, the Premises are served by all utilities required for the current or contemplated use thereof, and (d) to the best of Grantor's knowledge, all public roads and streets necessary for service of and access to the Premises for the current or contemplated use thereof have been completed, are serviceable and are physically and legally open for use by the public. 1.4 Title Insurance. Concurrently with the execution and delivery of this Deed of Trust, Grantor, at its expense, has obtained and delivered to Lender a loan policy or policies of title insurance in the amount, and in form and substance, reasonably satisfactory to Lender naming Lender as the insured, insuring the title to and the first mortgage lien of this Deed of Trust on the Leasehold Estate, subject only to the Permitted Exceptions, with endorsements reasonably requested by Lender. Grantor has duly paid or caused to be paid in full all premiums and other charges due in connection with the issuance of such policy or policies of title insurance. All proceeds received by and payable to Lender for any loss under the loan policy or policies of title insurance delivered to Lender pursuant hereto, or under any policy or policies of title insurance delivered to Lender in substitution therefor or replacement thereof, shall be the property of Lender and shall be applied by Lender in accordance with the Loan Agreement without affecting the lien of this Deed of Trust for the full amount secured hereby before such payment took place. 1.5 Payment of Taxes. Grantor shall pay or cause to be paid all taxes, assessments and governmental charges which are or may become a lien on the Property or which are assessed against or imposed upon the Property in accordance with the terms and conditions of the Loan Agreement; except to the extent required to be paid by Lessor under the Lease. 1.6 Insurance; Casualty. Grantor shall at its sole expense obtain for, deliver to, and maintain for the benefit of Lender insurance in accordance with and to the extent required by Section 5.05 of the Loan Agreement insuring the Property; except to the extent required to be obtained and maintained by Lessor under the Lease. All proceeds of such insurance shall be applied in accordance with the Loan Agreement without affecting the lien of this Deed of Trust for the full amount secured hereby before such payment took place. Grantor promptly shall comply with, and shall cause the Property to comply with, (a) all of the provisions of each such insurance policy required under this Section 1.61 and (b) all of the requirements of the insurers thereunder E applicable to Grantor or to any of the Property or to the use, manner of use, occupancy, possession, operation, maintenance, alteration, repair or restoration of any of the Property. In the event of foreclosure of this Deed of Trust or other transfer of title to the Leasehold Estate in extinguishment of the indebtedness secured hereby, all right, title and interest of Grantor in and to any insurance policies then in force shall pass to the purchaser or grantee. 1.7 Condemnation. As of the date hereof, Grantor has not received any written notice of any proceeding for the condemnation or other taking of the Property or any part thereof and has no knowledge that any such proceeding is contemplated. Grantor shall, promptly upon learning of the institution of any such proceeding, notify Lender of the pendency of such proceeding, and agrees that Lender may participate in any such proceeding as permitted under the Loan Agreement and Grantor from time to time will deliver to Lender all instruments reasonably requested by Lender to permit such participation. Subject to Applicable Laws, (i) Lender is hereby authorized to collect any and all awards, payments or other proceeds of any such condemnation or taking payable to Grantor ("Condemnation Proceeds"), and (ii) Condemnation Proceeds shall be applied in accordance with the terms of the Loan Agreement without affecting the lien of this Deed of Trust for the full amount secured hereby before such award took place. Grantor agrees to execute such further assignments of any Condemnation Proceeds as Lender may require. 1.8 Care of the Property. Except as otherwise permitted under the Loan Agreement, Grantor (a) shall not abandon the Property, (b) shall preserve and maintain the Property in good condition and repair, ordinary wear and tear excepted, and (c) no part of the Property shall be disposed of, removed, replaced or demolished in any manner, without the prior written consent of Lender. 1.9 Transfer of the Property. Except as otherwise permitted under the Loan Agreement, there shall be no sale, conveyance, transfer, lease, assignment, sublease, pledge or further encumbrance or transfer of any interest in any part of the Property, without the prior written consent of Lender. 1.10 Leasehold Deed of Trust Provisions. Grantor further covenants, warrants and represents, as follows: (a) Grantor represents and warrants that (i) subject to the terms of the Landlord's Release and Waiver Agreement executed by the Lessor, dated as of the date hereof (as may be amended, supplemented, amended and restated or otherwise modified from time to time hereafter), there are no understandings, contracts, agreements or commitments of any kind whatsoever with respect to the Ground Lease, to which Grantor is a party or (to the best of its knowledge) otherwise, except as expressly provided in the Ground Lease, and the Ground Lease constitutes the entire agreement between Lessor and Grantor with respect to the Real Property, (ii) the Ground Lease is in full force and effect, (iii) all rent and additional rent payable under the Ground Lease has been paid to the extent they were due and payable to the date hereof, and (iv) to the best of Grantor's knowledge, no default by Grantor under the Ground Lease exists and no event has occurred which, with the giving of notice, the passage of time, or both, would constitute a default by Grantor under the Ground Lease; 0 (b) Grantor shall promptly give to Lender copies of (i) all notices of default under the Ground Lease, and (ii) any other communications or notices with respect to events which relate to any reasonably foreseeable impairment of the security of this Deed of Trust which it shall give or receive under the Ground Lease; (c) Grantor covenants and agrees that it will do or cause to be done all commercially reasonable things necessary to (i) preserve and keep in force the rights of Grantor as lessee under the Ground Lease, and (ii) prevent any termination, surrender, cancellation, forfeiture or impairment thereof. Grantor shall at all times fully perform and comply with all material agreements, covenants, terms and conditions imposed upon or assumed by it as lessee under the Ground Lease prior to the expiration of any notice and/or cure period provided in the Ground Lease. Furthermore, Grantor shall exercise commercially reasonable efforts to enforce the obligations of Lessor, so that Grantor may enjoy all of the rights granted to it under the Ground Lease; (d) Grantor shall not, without the prior written consent of Lender or otherwise permitted under the Loan Agreement, (i) modify, change, supplement, alter or amend the Ground Lease, either orally or in writing, if such modification, change, supplement, alteration or amendment could adversely affect, in a material manner (A) the value of the Premises, (B) the use of the Premises, or (C) Grantor's obligations or rights under the Ground Lease, or (ii) surrender the Leasehold Estate, nor terminate or cancel the Ground Lease prior to the expiration of its term. Any modification, change, supplement, alteration or amendment of the Ground Lease requiring the consent of Lender, any surrender of the Leasehold Estate, and any termination or cancellation of the Ground Lease, made without the prior written consent thereto by Lender shall be void and of no force and effect; (e) No release or forbearance of any of Grantor's obligations under the Ground Lease, pursuant to the Ground Lease or otherwise, shall release Grantor from any of its obligations under this Deed of Trust, including, without limitation, its obligations with respect to the payment of rent as provided for in the Ground Lease and the performance of all of the terms, provisions, covenants, conditions and agreements contained in the Ground Lease, to be kept, performed and complied with by the lessee therein; (f) Grantor and Lender agree that, unless Lender shall otherwise expressly consent in writing, the fee title to the Land, Grantor's interest in the Premises and the Leasehold Estate shall not merge and shall always remain separate and distinct, notwithstanding the union of said estates either in the lessor or in the lessee, or in a third party by purchase or otherwise. If, notwithstanding the foregoing, a merger of such fee and leasehold estate is deemed to have occurred, then this Deed of Trust shall nonetheless remain in full force and effect in accordance with the terms hereof and shall encumber the entire merged fee and leasehold estate. If Grantor acquires fee simple title or any other estate, title or interest in the Land, Grantor shall promptly notify Lender of such acquisition and, upon written request by Lender, shall cause to be executed and recorded all such other and further assurances or other instruments in writing as may in the opinion of Lender be required or desirable to carry out the intent and meaning of this clause ; 7 (g) Grantor shall not subordinate or consent to the subordination of the Ground Lease to any lien or other encumbrance, without the prior written consent of Lender; (h) Within five (5) Business Days after Grantor's receipt of any notice of any motion, application or effort (A) to reject the Ground Lease by Lessor or any trustee arising from or in connection with any case, proceeding or other action commenced or pending by or against Lessor under Title 11 of the United States Code (as now constituted or hereafter amended, the "Bankruptcy Code") or any comparable provisions contained in any present or future Federal, state, local, foreign or other statute, law, rule or regulation ("Comparable Provisions"); (B) to sell, transfer, or assign the Premises or any portion thereof pursuant to section 363 or other applicable provision of the Bankruptcy Code; or (C) by the Lessor or any other party to an action under the Bankruptcy Code or any other Comparable Provisions to take any other action that in any way adversely affects the interest of Lessor, Grantor, Trustee, or Lender, Grantor shall give notice thereof to Lender. Additionally, Grantor shall give notice to Lender within five (5) Business Days after it discovers or otherwise becomes aware of the filing of any petition under the Bankruptcy Code or any other Comparable Provisions by or against the Lessor or any other party with an interest in the Premises superior to that of Grantor. Grantor hereby (W) assigns to Lender any and all of Grantor's rights as lessee under Section 365(h) of the Bankruptcy Code or any Comparable Provisions, including without limitation, the right to file an objection to (1) the rejection of the Ground Lease, (2) a sale of the Premises or any portion thereof, or (3) as to any other matter that affects the Premises (a "Objection"), and (X) covenants that it shall not elect to treat the Ground Lease as terminated pursuant to Section 365(h) of the Bankruptcy Code without first obtaining the prior written consent of Lender, and (Y) agrees that any such election by Grantor without such consent shall be null and void, and (Z) agrees to join and prosecute any Objection filed by Lender if any party asserts that Lender lacks standing to assert such Objection; (i) Without limiting the generality of the foregoing, Grantor hereby unconditionally assigns, transfers and sets over to Lender all (up to the amount then due and owing from Grantor to Lender) of Grantor's claims and rights to the payment of damages arising from any rejection by Lessor under the Bankruptcy Code or any Comparable Provision. Lender shall have the right to proceed in its own name or in the name of Grantor in respect of any claim, suit, action or proceeding relating to the rejection of the Ground Lease, including, without limitation, the right to file and prosecute, to the exclusion of Grantor, any proofs of claim, complaints, motions, applications, notices and other documents, in any case in respect of the lessor thereunder under the Bankruptcy Code or any Comparable Provision. This assignment constitutes a present, irrevocable and unconditional assignment of the foregoing claims, rights and remedies, and shall continue in effect until all of the obligations of Grantor under the Loan Agreement and the other Loan Documents shall have been indefeasibly paid and performed; 0) If there shall be filed by or against Grantor a petition under the Bankruptcy Code or any Comparable Provision and Grantor, as lessee under the Ground Lease, shall determine to reject the Ground Lease, Grantor shall give Lender not less than ten (10) days prior notice of the date on which Grantor shall apply to the United States Bankruptcy Court or other judicial body with appropriate jurisdiction for authority to reject any Ground Lease; Lender shall have the right, but not the obligation, to serve upon Grantor within such ten (10) day period a notice stating that (A) Lender demands that Grantor assume and assign the Ground Lease to Lender pursuant to Section 365 of the Bankruptcy Code or any Comparable Provision and (B) Lender covenants to cure or provide adequate assurance of prompt cure of all defaults and provide adequate assurance of future performance under the Ground Lease. If Lender serves upon Grantor the notice described in the preceding sentence, Grantor shall not seek to reject the Ground Lease and shall comply with the demand provided for in item A of the preceding sentence within thirty (30) days after the notice shall have been given subject to the performance by Lender of the covenant provided for in item B of the preceding sentence. Effective upon the entry of an order for relief in respect of Grantor under Chapter 7 of the Bankruptcy Code or any Comparable Provision, Grantor hereby assigns and transfers to Lender a non-exclusive right to apply to the United States Bankruptcy Court or other judicial body with appropriate jurisdiction for an order extending the period during which the Ground Lease may be rejected or assumed; (k) Grantor hereby acknowledges that if the Ground Lease shall be terminated prior to the natural expiration of its term due to default by the lessee thereunder, and if Lender or its designee shall acquire from the lessor thereunder a new lease of the Land or any portion thereof, Grantor shall have no right, title or interest in or to such lease or the leasehold estate created thereby, or the options therein contained, if any; and (1) In addition to any other remedies or rights provided elsewhere in this Deed of Trust, Lender shall have and may exercise the following rights with respect to the Ground Lease: (i) if Grantor shall fail, after the expiration of the applicable notice or grace period, if any, to: (A) pay any installment of rent reserved under the Ground Lease, (B) pay any real estate tax, assessment or other governmental levy or charge or any imposition, as provided in the Ground Lease, (C) make any other payment required to be made by it as lessee under the Ground Lease, at the time and in the manner provided in the Ground Lease, or (D) if Grantor shall fail to perform or observe any other term, covenant, condition or obligation required to be performed or observed by it as lessee under the Ground Lease, then without limiting the generality of any other provision of this Deed of Trust, and without waiving or releasing the Grantor from any of its obligations hereunder, Lender shall have the right, but shall be under no obligation, to pay any such installment of rent and/or any such tax, assessment, levy, charge, imposition or other payment, and may perform any other act or take any action it may deem necessary or desirable to cause such other term, covenant, condition or obligation to be promptly performed or observed on behalf of the lessee thereunder in order to keep Grantor's rights in, to and under the Ground Lease unimpaired and free from default; (ii) Lender and its designees shall have, and are hereby granted, the right to enter upon the Premises at any time and from time to time for the purpose of taking any such action described in the preceding clause i . All monies reasonably expended by Lender in connection with any matter set forth in this Section (including, but not limited to, reasonable legal expenses and disbursements), together with interest thereon at an interest rate per annum equal to the Default Rate (as defined in the Loan Agreement) from the date of each such expenditure, shall be paid by Grantor to Lender forthwith upon demand by Lender, and shall be secured by this Deed of Trust. If the Lessor shall deliver to Lender a copy of any notice of default by Grantor in the Ground Lease, such notice shall constitute full protection to the Lender for any action taken or omitted to be taken by Lender, in good faith, in reliance thereon; provided, however, that before 0 taking such action, so long as no Default exists, Lender shall use commercially reasonable efforts to notify Grantor thereof. Grantor acknowledges and agrees that any failure by Lender to so notify Grantor shall not entitle Grantor to challenge or otherwise affect the validity of Lender's action or entitle Grantor to any claim for damages or any other offsets or setoffs against Lender. The curing of any such default in the Ground Lease by Lender shall not be deemed to cure any default in this Deed of Trust created thereby, and Lender shall continue to have all rights granted under the Deed of Trust and the other Loan Documents upon any such default. 1.11 Covenants. All of the covenants in the Loan Agreement are incorporated herein by reference and, together with the covenants in this Article I, shall be covenants running with the Leasehold Estate. 1.12 Further Assurances. At any time and from time to time, upon Lender's reasonable request and at Grantor's sole expense, Grantor shall make, execute and deliver, or cause to be made, executed and delivered, to Lender and Trustee and where appropriate shall cause to be recorded or filed, and from time to time thereafter to be re -recorded and refiled at such time and in such offices and places as shall be reasonably deemed necessary by Lender and Trustee, any and all such further deeds of trust, instruments of further assurance, financing statements, certificates and other documents as Lender and Trustee may consider reasonably necessary in order to effectuate, complete, or perfect, or to continue and preserve the obligations of Grantor under this Deed of Trust, and the lien of this Deed of Trust on the Property subject only to Permitted Exceptions. Upon any failure by Grantor to do so, Lender or Trustee may make, execute, record, file, re-record or refile any and all such deeds of trust, instruments, financing statements, certificates and documents for and in the name of Grantor as Lender and Trustee may consider necessary or desirable in order to effectuate, complete, or perfect, or to continue and preserve the obligations of Grantor under this Deed of Trust, and the lien of this Deed of Trust on the Property subject only to Permitted Exceptions, and Grantor hereby irrevocably appoints Lender and Trustee as the Lender and attorney -in -fact of Grantor to do so. 1.13 Security Agreement and Financing Statements. This Deed of Trust constitutes not only a real property Deed of Trust, but also a "security agreement" and a "fixture filing" within the meaning of the Uniform Commercial Code of the State (the "UCC"). Grantor (as debtor) hereby grants, assigns, conveys, pledges, hypothecates and transfers to Lender (as creditor and secured party), for the benefit of Lender, as security for the prompt and complete payment and performance of the Secured Obligations a security interest and Lien in all of Grantor's right, title and interest in and to all fixtures, machinery, appliances, equipment, furniture and personal property of every nature whatsoever constituting part of the Property (collectively, the "Personal Property"), subject only to Permitted Exceptions. Nothing in this Section 1.13 shall limit in any manner whatsoever any right Lender may have under any other Loan Document. This Deed of Trust shall be effective as a financing statement filed as a fixture filing covering goods which are or are to become fixtures included within the Property and is to be filed for record in the real estate records of the counties where the Property (including said fixtures) is situated. The real property to which the fixtures relate is described on Exhibit A attached hereto. The record owner of the real property described in Exhibit A attached hereto is Lessor. The name of the debtor for purposes of this financing statement is the name of Grantor set forth in the first paragraph on Page 1 hereof, and the name of the secured party for purposes of this financing statement is the name of 10 the Lender set forth in the first paragraph on Page 1 hereof. The mailing address of Grantor/debtor is the address of Grantor set forth in the first paragraph on Page 1 of this Deed of Trust. The address of the Lender/secured party is the address of the Lender as set forth in the first paragraph on Page 1 of this Deed of Trust. Grantor is an organization that is a limited liability company organized under the laws of the State of North Carolina. Grantor's organizational identification number is 1500841. Upon the occurrence of a Default hereunder, Lender shall have the right to sell the Personal Property at a public or private sale pursuant to the provisions of Chapter 25 of the North Carolina General Statutes. 1.14 Assignment of Rents. The assignment contained in Paragraph (I) of the Granting Clause shall be fully operative without any further action on the part of either party and, in addition thereto, Grantor does hereby assign and transfer any Leases and Rents to Lender, and specifically Lender and Trustee shall be entitled, at their option, if a Default exists, to all Rents from the Property whether or not Lender or Trustee takes possession of any of the Property. 1.15 After Acquired Property. To the extent permitted by and subject to applicable law, including, but not limited to, North Carolina General Statute § 47-20.5, the lien of this Deed of Trust will automatically attach, without further act, to all after acquired property located in or on, or attached to, or used or intended to be used in connection with, or with the operation of, the Property or any part thereof. 1.16 Intentionally Omitted. 1.17 Intentionally Omitted. 1.18 Flood Hazard. Grantor hereby represents that, to the best of Grantor's knowledge, the Land does not comprise property identified by the Secretary of Housing and Urban Development as an area having special flood hazards. If the Land at any time is so identified by the Secretary of Housing and Urban Development as having special flood hazards, Grantor will cause the Land to be insured against loss by flood hazards in an amount at least equal to the maximum limit of coverage made available with respect to the particular type of property under the National Flood Insurance Act of 1968, as amended by the Flood Disaster Protection Act of 1973. ARTICLE 2 DEFAULTS 2.1 Default. The term Default, wherever used in this Deed of Trust, shall mean any Event of Default under and as defined in the Loan Agreement. 11 ARTICLE 3 REMEDIES 3.1 Acceleration of Maturity. If a Default exists, Grantor agrees that Lender or Trustee may declare, in accordance with and pursuant to the terms of the Loan Agreement, all Secured Obligations to be due and payable immediately, and upon such declaration all Secured Obligations shall immediately become and be due and payable without demand or notice. 3.2 Lender's and Trustee's Right to Enter and Take Possession, Operate and Apply Tn com e (a) If a Default exists, Grantor, upon demand of Lender or Trustee, shall forthwith surrender to Lender or Trustee the actual possession and, if and to the extent permitted by law, Lender itself, or by such officers or Lenders as it may appoint, may enter upon and take possession of the Property and may exclude Grantor and its agents and employees wholly therefrom, and may have joint access with Grantor to the books, papers and accounts of Grantor. (b) If a Default exists and Grantor shall for any reason fail to surrender or deliver the Property or any part thereof after Lender's or Trustee's demand, Lender or Trustee may obtain a judgment or decree conferring on Lender the right to immediate possession or requiring Grantor to deliver immediate possession of all or part of the Property to Lender and Trustee, and Grantor hereby specifically consents to the entry of such judgment or decree. Grantor shall pay to Lender and Trustee, upon demand, all costs and expenses of obtaining such judgment or decree and reasonable compensation to Lender, its attorneys and Lenders, and all such costs, expenses and compensation shall, until paid, be secured by the lien of this Deed of Trust. (c) Upon every such entering upon or taking of possession, Lender or Trustee may hold, store, use, operate, manage and control the Property and conduct the business thereof, and, from time to time may: (i) make all necessary and proper maintenance, repairs, renewals, replacements, additions, betterments and improvements thereto and thereon and purchase or otherwise acquire additional fixtures, personalty and other property; (ii) insure or keep the Property insured; (iii) manage and operate the Property and exercise all the rights and powers of Grantor in its name or otherwise with respect to the same; and (iv) enter into agreements with others to exercise the powers herein granted Lender and Trustee, all as Lender or Trustee from time to time may determine; and Lender and Trustee may collect and receive all the rents, income and other benefits thereof, including those past due as well as those accruing thereafter; and shall apply the monies so received by Lender or Trustee to the Secured Obligations in accordance with the Loan Agreement. All costs, expenses and liabilities of every character incurred by Lender and Trustee in managing, operating 12 and maintaining the Property shall constitute a portion of the Secured Obligations. While in possession of the Property, Lender, Trustee or the receiver shall be liable to account only for the rents, issues and profits actually received. The taking of possession and collection of rents by Lender shall not be construed to be an affirmation of any lease or acceptance of attornment with respect to any lease of all or any portion of the Property. Lender or Trustee shall surrender possession of the Property to Grantor only in accordance with Section 4.3. 3.3 Lender's and Trustee's Power of Enforcement. If a Default exists, Lender may direct the Trustee (and the Trustee shall, if so directed), either with or without entry or taking possession by Lender as hereinabove provided or otherwise, (a) to sell the Property or any part thereof to the extent permitted and pursuant to the procedures provided by the law of the state where the Property is located, and all estate, right, title and interest, claim and demand therein, at one or more sales, as an entirety or in parcels, and at such time and place upon such terms and after such notice thereof as may be required or permitted by law; or (b) to proceed by suit or suits at law or in equity or by any other appropriate proceeding or remedy: (i) to enforce payment under the Loan Documents or the performance of any term hereof or any other right; (ii) to foreclose this Deed of Trust and to sell, as an entirety or in separate lots or parcels, the Property, under the judgment or decree of a court or courts of competent jurisdiction; and (iii) to pursue any other remedy available to it, including without limitation as provided in Section 1.14 hereof. Lender or Trustee shall take action either by such proceedings or by the exercise of its powers with respect to sale or entry or taking possession, or any of them, as it may determine. The remedies conferred upon Trustee shall include the powers of sale Trustee may have under the provisions of Article 2A of Chapter 45 of the General Statutes of North Carolina. If a Default exists, it shall be lawful and the duty of Trustee, upon request of Lender, to sell the Leasehold Estate in the Real Property, or such parts thereof or interests therein as Lender may select, at public auction for cash, after first having given such notice of hearing as to commencement of foreclosure proceedings and obtained such findings or leave of court as then may be required by law and then having given such notice and advertised the time and place of such sale in such manner as then may be provided by law, and upon such sale and any resales and upon compliance with the law then relating to foreclosure proceedings under power of sale, to convey title to the purchaser in as full and ample manner as Trustee is empowered. 3.4 Foreclosure Sale. (a) At the direction of Lender, Trustee may adjourn from time to time any sale to be made by it under or by virtue of this Deed of Trust by announcement at the time and place appointed for such sale or for such adjourned sale or sales and, except as otherwise provided by any applicable provision of law, Trustee, without further notice or publication, may conduct such sale at the time and place to which the same shall be so adjourned. (b) Upon the completion of any sale or sales made by Trustee under or by virtue of this Article III, Trustee shall execute and deliver to the accepted purchaser or purchasers a good and sufficient instrument or instruments, conveying, assigning and transferring all estate, right, title and interest in and to the property and rights sold. Lender and Trustee are hereby irrevocably appointed the true and lawful attorney -in -fact of Grantor, in its name and stead, to make all 13 necessary conveyances, assignments, transfers and deliveries of any part of the Property and rights so sold. Lender and Trustee may, for such purpose, execute all necessary instruments of conveyance, assignment and transfer, and may substitute one or more persons with like power, Grantor hereby ratifying and confirming all that its said attorney or such substitute or substitutes shall lawfully do by virtue hereof. Nevertheless, Grantor, if so requested by Lender or Trustee, shall ratify and confirm any such sale or sales by executing and delivering to Lender, Trustee or to such purchaser or purchasers all such instruments as may be advisable, in the judgment of Lender or Trustee, for the purpose, and as may be designated in such request. Any such sale or sales made under or by virtue of this Article III, whether made under the power of sale herein granted or under or by virtue of judicial proceedings or of a judgment or decree of foreclosure and sale, shall operate to divest all the estate, right, title, interest, claim and demand whatsoever, whether at law or in equity, of Grantor in and to the properties, interests and rights so sold, and shall be a perpetual bar both at law and in equity against Grantor and against any and all persons claiming or who may claim the same, or any part thereof from, through or under Grantor. (c) At any foreclosure sale of the Leasehold Estate in the Real Property, any receiver or public officer, or Lender, may bid for and purchase the Property and, upon compliance with the terms of sale, may hold, retain and possess and dispose of such property in their own absolute right without further accountability. (d) The proceeds of any sale held by Trustee in foreclosure of the lien evidenced hereby shall be applied in accordance with the requirements of applicable laws and to the extent consistent therewith, FIRST, to the payment of all necessary costs and expenses incident to such foreclosure sale, including but not limited to all reasonable attorneys' fees and legal expenses, advertising costs, auctioneer's fees, costs of title rundowns and lien searches, inspection fees, appraisal costs, fees for professional services, environmental assessment and remediation fees, all court costs and charges of every character, and a reasonable fee to Trustee (not exceeding five percent (5%) of the gross proceeds of such sale; provided however in the event no sale is held then Trustee shall be entitled to such customary compensation as otherwise permitted under N.C.G.S. § 45-21.15(b)(3)) and to the payment of the other Secured Obligations, including specifically without limitation the principal, accrued interest and reasonable attorneys' fees due and unpaid on any Note and the amounts due and unpaid and owed to Lender under this Deed of Trust, the order and manner of application to the items in this clause FIRST to be in Lender's sole discretion; and SECOND, the remainder, if any, shall be paid to Grantor, or to Grantor's heirs, devisees, representatives, successors or assigns, or such other persons (including the holder or beneficiary of any inferior lien) as may be entitled thereto by law; provided, however, that if Lender is uncertain which person or persons are so entitled, Lender may interplead such remainder in any court of competent jurisdiction, and the amount of any reasonable attorneys' fees, court costs and expenses incurred in such action shall be a part of the secured indebtedness and shall be reimbursable (without limitation) from such remainder. 3.5 Leases. Lender, at its option following a Default, is authorized to instruct Trustee to foreclose this Deed of Trust subject to the rights of any tenants of the Property. The failure to make any such tenants parties defendant to any such foreclosure proceedings and to foreclose their rights will not be asserted by Grantor to be, a defense to any proceedings instituted by Lender to 14 collect the sums secured hereby or to collect any deficiency remaining unpaid after the foreclosure sale of the Property. 3.6 Application of Indebtedness Toward Purchase Price. Upon any such sale, Lender may, if permitted by law, and after allowing for costs and expenses of the sale, compensation and other charges, in paying the purchase price, apply all or any portion of the Secured Obligations, in lieu of cash, to the amount which shall, upon distribution of the net proceeds of such sale, be payable thereon, to the extent of the purchase price. 3.7 Waiver by Grantor. To the fullest extent permitted under applicable law, Grantor hereby waives all errors and imperfections in any proceedings instituted by Lender or Trustee under this Deed of Trust or any other Loan Document and all benefit of any present or future statute of limitations or any other present or future statute, law, stay, moratorium, appraisal or valuation law, regulation or judicial decision, and Grantor shall not at any time insist upon or plead, or in any manner whatsoever, claim or take any benefit or advantage of any such statute, law, stay, moratorium, regulation or judicial decision which (i) provides for the valuation or appraisal of the Property prior to any sale or sales thereof which may be made pursuant to any provision herein or pursuant to any decree, judgment or order of any court of competent jurisdiction, (ii) exempts any of the Property or any other property, real or personal, or any part of the proceeds arising from any sale thereof, from attachment, levy or sale under execution, (iii) provides for any stay of execution, moratorium, marshalling of assets, exemption from civil process, redemption or extension of time for payment, (iv) requires Lender to institute proceedings in mortgage foreclosure against the Property before exercising any other remedy afforded Lender hereunder with respect to any Default, (v) affects any of the terms, covenants, conditions or provisions of this Deed of Trust, or (vi) conflicts with or may affect, in a manner which may be adverse to Lender or Trustee, any provision, covenant, condition or term of this Deed of Trust or any other Loan Document, nor shall Grantor at any time after any sale or sales of the Property pursuant to any provision herein, including, but without limiting the generality of the foregoing, after any sale pursuant to a judgment of foreclosure, claim or exercise any right under any present or future statute, law, stay, moratorium, regulation or judicial decision to redeem the Property or the portion thereof so sold. (a) Grantor hereby waives the right, if any, to require any sale to be made in parcels, or the right, if any, to select parcels to be sold, and there shall be no requirement for marshalling of assets with respect to either the Property or any other collateral. (b) Grantor hereby consents to service in the manner provided for notices as set forth in Section 8.01 of the Loan Agreement. 3.8 Receiver. If a Default exists, Lender or Trustee, to the extent permitted by law and without notice to Grantor or regard to the value of the Property or the adequacy of the security or occupancy of the Property, shall be entitled as a matter of right if it so elects to the appointment of a receiver to enter upon and take possession of the Property and to collect all rents, revenues, issues, income, product and profits thereof and apply the same as the court may direct. The receiver shall have all rights and powers permitted under the laws of the jurisdiction where the Property is located and such other powers as the court making such appointment shall confer. The expenses, including receiver's fees, attorneys' fees, costs and Lender's compensation, incurred 15 pursuant to the powers herein contained shall be secured by this Deed of Trust. The right to enter and take possession of and to manage and operate the Property, and to collect the rents, issues and profits thereof, whether by a receiver or otherwise, shall be cumulative to any other right or remedy hereunder or afforded by law, and may be exercised concurrently therewith or independently thereof. Lender and Trustee shall be liable to account only for such rents, issues and profits actually received by Lender and Trustee, respectively. Notwithstanding the appointment of any receiver or other custodian, Lender and Trustee shall be entitled as pledgee to the possession and control of any cash, deposits, or instruments at the time held by, or payable or deliverable under the terms of this Deed of Trust to, Lender and Trustee. 3.9 Suits to Protect the Property. Lender and Trustee shall have the power and authority to institute and maintain any suits and proceedings as Lender or Trustee may deem advisable to (i) prevent any impairment of the Property by any acts which may be unlawful or any violation of this Deed of Trust, (ii) preserve or protect Lender's and Trustee's interest in the Property, and (iii) restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order might impair the security hereunder or be prejudicial to Lender's and Trustee's interest. Grantor agrees that if any action or proceeding be commenced, excepting an action to foreclose this Deed of Trust or to collect the indebtedness hereby secured, to which action or proceeding Lender or Trustee is a party by reason of the execution of this Deed of Trust or the other Loan Documents, or in which it becomes necessary to defend or uphold the lien of this Deed of Trust, all sums paid by Lender and Trustee for the expense of any litigation to prosecute or defend the transaction and the rights and lien created hereby (including, without limitation, reasonable attorneys' fees) shall be paid by Grantor together with interest thereon from the date of payment by Lender or Trustee at the rate applicable to the respective Loans under the Loan Agreement. All such sums paid and the interest thereon shall be a lien upon the Property, and shall be secured hereby. 3.10 Proofs of Claim. In the case of any receivership, insolvency, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceedings affecting Grantor or any guarantor, co -maker or endorser of any of Grantor's obligations, its creditors or its property, Lender and Trustee, to the extent permitted by law, shall be entitled to file such proofs of claim and other documents as may be necessary or advisable in order to have Lender's and Trustee's claims allowed in such proceedings for the entire amount due and payable by Grantor under this Deed of Trust and any other Loan Document, at the date of the institution of such proceedings, and for any additional amounts which may become due and payable by Grantor after such date. 3.11 Grantor to Pay the Indebtedness on Any Default in Payment; Application of Monies by Lender and Trustee. (a) If a Default exists, then, upon demand by Lender or Trustee, Grantor shall pay to Lender or Trustee the whole amount which then shall have become due and payable under the Loan Documents. If Grantor shall fail to pay such amounts forthwith upon such demand, 16 Lender or Trustee shall be entitled to sue for and to recover judgment against Grantor for the whole amount so due and unpaid together with costs and expenses, including without limitation the reasonable compensation, expenses and disbursements of Lender's or Trustee's attorneys and other representatives, either before, after or during the pendency of any proceedings for the enforcement of this Deed of Trust. The right of Lender and Trustee to recover such judgment shall not be affected by any taking possession or foreclosure sale hereunder, or by the exercise of any other right, power or remedy for the enforcement of the terms of this Deed of Trust, or the foreclosure of the lien hereof. (b) In case of a foreclosure sale of all or any part of the Property and of the application of the proceeds of sale to the payment of the sums secured hereby, Lender and Trustee shall be entitled to enforce payment from Grantor of all amounts then remaining due and unpaid and to recover judgment against Grantor for any portion thereof remaining unpaid, with interest. (c) Grantor hereby agrees, to the extent permitted by law, that no recovery of any such judgment by Lender or Trustee and no attachment or levy of any execution upon any of the Property or any other property shall in any way affect the lien of this Deed of Trust upon the Property or any part thereof or any lien, rights, powers or remedies of Lender or Trustee hereunder, but such lien, rights, powers and remedies shall continue unimpaired as before. (d) Any monies collected or received by Lender or Trustee under this Section 3.11 shall be applied to the payment of compensation, expenses and disbursements of the attorneys and other representatives of Lender or Trustee, and the balance remaining shall be applied to the Secured Obligations in accordance with the Loan Agreement. (e) The provisions of this paragraph shall not be deemed to limit or otherwise modify the provisions of any guaranty of the Secured Obligations. 3.12 Discontinuance of Proceedings; Position of Parties Restored. If Lender or Trustee shall have proceeded to enforce any right or remedy under this Deed of Trust by foreclosure, entry or otherwise and such proceedings shall have been discontinued or abandoned for any reason, or such proceedings shall have resulted in a final determination adverse to Lender, then and in every such case, to the extent permitted by law, Grantor and Lender and Trustee shall be restored to their former positions and rights hereunder, and all rights, powers and remedies of Lender and Trustee shall continue as if no such proceedings had occurred or had been taken and no such proceedings or actions shall be deemed to be a cure by Grantor or a waiver by Lender or Trustee of any default hereunder or under any other Loan Document. 3.13 Limitation on Lender's Duty in Respect of Property. Trustee and Lender shall use reasonable care with respect to the Property in its possession or under its control. Neither Trustee nor Lender shall have any other duty as to any Property in its possession or control or in the possession or control of any agent or nominee of Trustee or Lender, or any income thereon or as to the preservation of rights against prior parties or any other rights pertaining thereto. 3.14 Reinstatement. This Deed of Trust shall remain in full force and effect and continue to be effective should any petition be filed by or against Grantor for liquidation or reorganization, 17 should Grantor become insolvent or make an assignment for the benefit of any creditor or creditors or should a receiver or trustee be appointed for all or any significant part of Grantor's assets, and shall continue to be effective or be reinstated, as the case may be, if at any time payment and performance of the Secured Obligations, or any part thereof, is, pursuant to applicable law, rescinded or reduced in amount, or must otherwise be restored or returned by any obligee of the Secured Obligations, whether as a "voidable preference," "fraudulent conveyance," or otherwise, all as though such payment or performance had not been made. In the event that any payment, or any part thereof, is rescinded, reduced, restored or returned, the Secured Obligations shall be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned. 3.15 No Waiver, Cumulative Remedies. Neither Trustee nor Lender shall by any act, delay, omission or otherwise be deemed to have waived any of its rights or remedies hereunder, and no waiver shall be valid unless in writing, signed by Lender and Trustee and then only to the extent therein set forth. A waiver by Lender and Trustee of any right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy which Lender or Trustee would otherwise have had on any future occasion. No failure to exercise nor any delay in exercising on the part of Trustee or Lender, any right, power or privilege hereunder, shall operate as a waiver thereof, nor shall any single or partial exercise of any right, power or privilege hereunder preclude any other or future exercise thereof or the exercise of any other right, power or privilege. The rights and remedies hereunder provided are cumulative and may be exercised singly or concurrently, and are not exclusive of any rights and remedies provided by law. None of the terms or provisions of this Deed of Trust may be waived, altered, modified or amended except by an instrument in writing, duly executed by Lender, Trustee and Grantor. 3.16 Limitation by Law. All rights, remedies and powers provided in this Deed of Trust may be exercised only to the extent that the exercise thereof does not violate any applicable provision of law, and all the provisions of this Deed of Trust are intended to be subject to all applicable mandatory provisions of law that may be controlling and to be limited to the extent necessary so that they shall not render this Deed of Trust invalid, unenforceable, in whole or in part, or not entitled to be recorded, registered or filed under the provisions of any applicable law. 3.17 Payment of Costs and Expenses. Grantor further agrees to pay or reimburse Lender for all costs, expenses and other advances which may be incurred or made by Lender or Trustee to protect or preserve the Property or to enforce any terms of this Deed of Trust, including the exercise of any rights or remedies afforded to Lender or Trustee or both of them under this Article III, whether any lawsuit is filed or not, or in defending any action or proceeding arising under or relating to this Deed of Trust, including reasonable attorneys' fees and other legal costs, costs of any sale of the Property and any cost of evidence of title; provided, however, that the foregoing indemnity agreement shall not apply to any claims, damages, losses, liabilities and expenses to the extent attributable to Lender or Trustee's fraud, gross negligence or willful misconduct. Notwithstanding anything to the contrary herein, any attorneys' fees payable or awarded under this Deed of Trust shall be based on actual time worked and the regular billing rates of such attorneys. IN ARTICLE 4 MISCELLANEOUS PROVISIONS 4.1 Addresses for Notices, Etc. Except as otherwise provided herein, whenever it is provided herein that any notice, demand, request, consent, approval, declaration or other communication shall or may be given to or served upon any of the parties by any other party, or whenever any of the parties desires to give and serve upon any other party any communication with respect to this Deed of Trust, each such notice, demand, request, consent, approval, declaration or other communication shall be in writing and shall be given in the manner, and deemed received, as provided for in the Loan Agreement. 4.2 Severability. Whenever possible, each provision of this Deed of Trust shall be interpreted in a manner as to be effective and valid under applicable law, but if any provision of this Deed of Trust shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity without invalidating the remainder of such provision or the remaining provisions of this Deed of Trust. This Deed of Trust is to be read, construed and applied together with the Loan Agreement and the other Loan Documents which, taken together, set forth the complete understanding and agreement of Trustee, Lender, and Grantor with respect to the matters referred to herein and therein. 4.3 Termination. Subject to Section 3.14 hereof, when all of the Secured Obligations have been paid in full in cash and all commitments to make any loans have terminated, in accordance with the Loan Agreement, this Deed of Trust shall automatically terminate, and Trustee shall promptly reconvey the Property, or so much of it as is then held under this Deed of Trust, without warranty to Grantor or the person or persons legally entitled to it. Neither Lender nor Trustee shall have any duty to determine the rights of persons claiming to be rightful grantees of any such reconveyance. When the Property has been fully released, the last release will operate, as applicable, as a reassignment of all future Rents of the Property to the person legally entitled. 4.4 Successors and Assigns. This Deed of Trust and all obligations of Grantor hereunder shall be binding upon the successors and assigns of Grantor (including any debtor -in - possession on behalf of Grantor) and shall, together with the rights and remedies of Lender and Trustee, for the benefit of Lender, hereunder, inure to the benefit of Lender, Trustee, all future holders of any instrument evidencing any of the Secured Obligations and their respective successors and assigns. No sales of participations, other sales, assignments, transfers or other dispositions of any agreement governing or instrument evidencing the Secured Obligations or any portion thereof or interest therein shall in any manner affect the Lien granted to Lender, and/or Trustee, for the benefit of Lender, hereunder. Grantor may not assign, sell, hypothecate or otherwise transfer any interest in or obligation under this Deed of Trust. 4.5 Counterparts. This Deed of Trust may be executed in any number of separate counterparts, each of which shall collectively and separately constitute one and the same agreement. 19 4.6 GOVERNING LAW. THIS DEED OF TRUST, AND ITS VALIDITY, ENFORCEMENT AND INTERPRETATION, SHALL BE GOVERNED BY AND CONSTRUED, INTERPRETED AND ENFORCED IN ACCORDANCE WITH AND PURSUANT TO THE LAWS OF THE STATE OF NORTH CAROLINA (WITHOUT REGARD TO ANY CONFLICT OF LAWS PRINCIPLES) AND APPLICABLE UNITED STATES FEDERAL LAW. 4.7 Inconsistent Provisions. To the extent that any of the provisions of this Deed of Trust is inconsistent with the provisions of the Loan Agreement covering the same subject matter, the provisions of the Loan Agreement shall control. 4.8 Section Titles. The Section titles contained in this Deed of Trust are and shall be without substantive meaning or content of any kind whatsoever and are not a part of the agreement between the parties hereto. 4.9 No Strict Construction. The parties hereto have participated jointly in the negotiation and drafting of this Deed of Trust. In the event an ambiguity or question of intent or interpretation arises, this Deed of Trust shall be construed as if drafted jointly by the parties hereto and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any provisions hereof. 4.10 Advice of Counsel. Each of the parties represents to each other party hereto that it has discussed this Deed of Trust with its counsel. 4.11 Benefit of Secured Parties. All Liens granted or contemplated hereby shall be for the benefit of Trustee and Lender, and all proceeds or payments realized from the Property in accordance herewith shall be applied to the Secured Obligations in accordance with the terms of the Loan Agreement. ARTICLE 5 DEED OF TRUST PROVISIONS 5.1 Concerning the Trustee. Trustee shall be under no duty to take any action hereunder except as expressly required hereunder or by law or to perform any act which would involve Trustee in any expense or liability or to institute or defend any suit in respect hereof, unless properly indemnified to Trustee's reasonable satisfaction. Trustee, by acceptance of this Deed of Trust, covenants to perform and fulfill the trusts herein created. Trustee shall not be answerable or accountable hereunder except for its own willful misconduct or gross negligence, and Grantor agrees to indemnify, defend and hold Trustee harmless from and against any cost, loss, damage, liability or expense (including, without limitation, reasonable attorneys' fees and disbursements) which Trustee may incur or sustain in the exercise or performance of its powers and duties hereunder. Trustee hereby waives any statutory fee and agrees to accept reasonable compensation, in lieu thereof, for any services rendered by Trustee in accordance with the terms hereof. Trustee may resign at any time upon giving at least thirty (30) days' written notice to Grantor and Lender. In the event of the death, removal, resignation, refusal or inability to act of Trustee, or in its sole 20 discretion for any reason whatsoever or for no reason, Lender may, without notice and without specifying any reason therefor and without applying to any court, select and appoint a successor trustee, by an instrument recorded wherever this Deed of Trust is recorded, and all powers, rights, duties and authority of Trustee, as aforesaid, shall thereupon become vested in such successor. Such substitute trustee shall not be required to give bond for the faithful performance of the duties of Trustee hereunder unless required by Lender. The procedure provided for in this paragraph for substitution of Trustee shall be in addition to and not in exclusion of any other provisions for substitution, by law or otherwise. 5.2 Trustee's Fees. Grantor shall pay all reasonable, documented costs, customary fees and expenses incurred by Trustee (such Trustee fee not to exceed five percent (5%) of the gross proceeds of any foreclosure sale; provided however in the event no such sale is held then Trustee shall be entitled to customary compensation as otherwise permitted under N.C.G.S. § 45- 21.15(b)(3)) and Trustee's counsel in connection with the performance by Trustee of Trustee's duties hereunder, and all such costs, fees and expenses shall be secured by this Deed of Trust. Notwithstanding anything to the contrary herein, any attorneys' fees payable or awarded under this Deed of Trust shall be based on actual time worked and the regular billing rates of such attorneys. 5.3 Certain Rights. Trustee shall not be personally liable in case of entry by Trustee, or anyone entering by virtue of the powers herein granted to Trustee, upon the Property for debts contracted for or liability or damages incurred in the management or operation of the Property. Trustee shall have the right to rely on any instrument, document, or signature authorizing or supporting an action taken or proposed to be taken by Trustee hereunder, which is believed by Trustee in good faith to be genuine. 5.4 Retention of Money. All moneys received by Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated in any manner from any other moneys (except to the extent required by applicable law), and Trustee shall be under no liability for interest on any moneys received by Trustee hereunder. 5.5 Perfection of Appointment. Should any deed, conveyance or other instrument of any nature be required from Grantor by Trustee or any substitute trustee to more fully and certainly vest in and confirm to Trustee or such substitute trustee the estates, rights, powers, and duties conferred hereunder unto Trustee, then, upon request by Trustee or such substitute trustee, any and all such deeds, conveyances and instruments shall be made, executed, acknowledged, and delivered and shall be caused to be recorded and/or filed by Grantor at its sole expense. 5.6 Succession Instruments. Any substitute trustee appointed pursuant to any of the provisions hereof shall, without any further act, deed or conveyance, become vested with all the estates, properties, rights, powers, and trusts of its predecessor in the rights hereunder with like effect as if originally named as Trustee herein; but nevertheless, upon the written request of Lender or of the substitute trustee, the predecessor trustee ceasing to act shall execute and deliver any instrument transferring to such substitute trustee, upon the trusts herein expressed, all of the estates, properties, rights, powers and trusts of such predecessor trustee so ceasing to act, and shall duly 21 assign, transfer and deliver any of the property and moneys held by such trustee to such substitute trustee. ARTICLE 6 FUTURE ADVANCES 6.1 Future Advances. All terms and conditions under which future advances may be made are set forth in the Loan Agreement, which is incorporated herein by reference. Future advances shall be made pursuant to the provisions of Section 45-67 et seq. of the North Carolina General Statutes. This Deed of Trust secures payment of Secured Obligations including present and future advances. No execution of a written instrument or notation shall be necessary to evidence or secure any future advances made hereunder. This Deed of Trust secures all present and future credit extensions made by the Lender under the Loan Documents, and all other sums from time to time owing to the Lender by Grantor and/or the other Loan Parties under the Loan Documents. The maximum principal that may be secured by this instrument at any one time is Ten Million Four Hundred Seventeen Thousand Five Hundred Six Dollars and 00/100 Cents ($10,417,506.00). The time period within which such future disbursements are to be made is the period between the date hereof and the date two (2) years from the date hereof. [Signature follows on next page] 22 IN WITNESS WHEREOF, Grantor has executed this Deed of Trust as of the date first above written. CAROLINA POULTRY POWER RG2, LLC, a North Carolina limited liability company By: Name: Richard Deming Title: Chief Executive Officer STATE OF SS. COUNTY OF ) On this day of , 2022, before me, a Notary Public in and for said State, personally appeared Richard l5eming, the Chief Executive Officer of Carolina Poultry Power RG2, LLC, known to me to be the person who executed the within Leasehold Deed of Trust, Security Agreement and Fixture Filing on behalf of said company, and acknowledged to me that he executed the same for the purposes therein stated. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal in the County or City and State aforesaid, the day and year first above written. (SEAL) Notary PuKli �.�� My Commission Expires: KELLY RENEE G7DMAN Notary Public North Carolina Pitt County Signature Page to Leasehold Deed of Trust VXATRTT A LEGAL DESCRIPTION Lying and being situate in Wilson County, North Carolina, and being more particularly described as follows: The premises and easement rights described in that certain Lease Agreement, dated June 24, 2021, as amended, between Stockport Limited Partnership and Carolina Poultry Power RG2, LLC, a memorandum of which is recorded in Book 2983, Page 528 , in the office of the Register of Deeds of Wilson County, and more particularly described as follows: Premises: Beginning at an iron pipe on the western right-of-way of the Norfolk -Southern Railroad. Said point being the eastern common corner of the Timothy Early Rhodes property as described in the Deed Book 2698, Page 75 of the Wilson County Register of Deeds office and the City of Wilson property as shown in Plat Book 40, Pages 242-243. From the above -described beginning, so located running thence as follow: Leaving the western right-of-way of the Norfolk -Southern Railroad right-of-way and with the northern line of the said Rhodes property, S 83 °09' 15" W 405.61', thence leaving said Rhodes northern line, N 37012'06" W 559.49', thence N 52047'54" E 350.00' to an iron pipe on the western right-of-way of the Norfolk -Southern Railroad right-of-way, thence with said railroad right-of-way, S 37012'06" E 764.47' to the point of beginning containing 5.319 acres. Easement Area: Beginning at a point located S 52047'54" W 350.00' from an iron pipe on the western right-of- way of the Norfolk -Southern Railroad right-of-way. Said point on Railroad right-of-way being located N 37012'06" W 764.47' as measured along the western right-of-way of the Norfolk - Southern Railroad right-of-way from an iron pipe located at the eastern common corner of the Timothy Earl Rhodes property described in Deed Book 2698, Page 75 and the City of Wilson property as shown in Plat Book 40, Pages 242-243 both of the Wilson County Register of Deeds Office. From the above -described beginning, so located, running thence as follows: S 37012'06" E 20.00', thence S 52047'54" W 810.53', thence S 18058'52" E 95.68' to the northern line of the aforesaid Timothy Early Rhodes property, thence with said Rhodes property S 71027'08" W 20.00', thence leaving said Rhodes line, N 18058'52" W 110.00', thence N 52047'54" E 825.00' to the point of beginning containing 0.423 acre. Together with: Together with easements rights in an Easement Agreement recorded in Book 2983 at Page 512 Wilson County Registry, North Carolina. FXATRTT R PERMITTED EXCEPTIONS Those exceptions set forth as Items #2, 3, 4, 5, 7, 8, 9, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 22, 23, and 24 on Schedule B-11 of that certain ALTA Commitment for Title Insurance (the "Title Commitment") for the Premises, which Title Commitment has been issued by Investor's Title Commercial Agency as issuing agent for Old Republic National Title Insurance Company, with an Effective Date of September 7, 2022, and bearing the Commitment Number #202140084CAO. I_1[0i11fla-1- 1WZR IZO M Appendix C Engineering Plans Carolina Poultry Power - Wilson March 2023 Qualia Data Solutions, LLC. 1451 SNC11 HWY, Magnolia, NC28453. (910) 284-0673. https://qualiadata.com March 3, 2023 RE: Professional Engineer's Certification: I, Prince N. Dugba, attest that this application for Carolina Poultry Power Plant RG2 Evaporative Cooling Pond System with proposed location at Wilson, NC has been reviewed by me and is accurate, complete and consistent with the information supplied in the engineering plans, calculations, and all other supporting documentation to the best of my knowledge. I further attest that to the best of my knowledge the proposed design has been prepared in accordance with this application package and its instructions as well as all applicable regulations and statutes. Although other professionals may have developed certain portions of this submittal package, inclusion of these materials under my signature and seal signifies that I have reviewed this material and have judged it to be consistent with the proposed design. North Carolina Professional Engineer's Seal, Signature and Date: CARO V'sS/o9�/� = = ra SEAL , 28308 -0 ......• JCS /'cE N. Prince N. Dugba, PhD, PE CAROLINA POULTRY POWER PLANT RG2 EVAPORATIVE COOLING POND SYSTEM IN WATER I ATMENT PLAN u Rd S WILSON NORTH CAROLINA LOCATION MAP 1 :16000 TRUE NORTH POND WITH NEW VICINITY PLAN 1 " = 160'-0" TRUE NORTH n rt-A �RG2 BOILER PLANT & MAIN ACCESS DRIVE ADDITIONAL NOTES. RELEASED FOR CONSTRUCTION Revision Description Revision Schedule SHEETINDEX Sheet Number Sheet Name Current Revision 1961 PROJECT COVER 1 1962 LOCATION AND VICINITY PLANS 1 1963 SITE PLAN, TYPICAL TRENCH DETAIL AND SCHEDULES 1 1964 SITE PLAN AND SECTION 1 1965 EVAPORATION SYSTEM INTERCONNECTION 1 1966 COOLING LOOP PLUMBING PLAN, ELEVATION, ONE -LINE AND SCHEDULE 1 1967 1 CONDENSER LOOP P&ID AND SPECIFICATIONS 1 1968 1 CONSTRUCTION NOTES 1 t l n r r ry! rrq.,• ''��w� 6s s r`�o4'�0 o0C���': �=� ~ SEAL,- f 28308 4G1NEF4'��� -� - ILA ■MLONS — NNNeeR NG BY PSO 02117123 CAROLINA POULTRY POWER RG2 cNec/P A TJKI PDA 02117123 a EVAPORATIVE COOLING POND SYSTEM lMc "' 02117123 N Pco JMc 03122123 LOCATION AND VICINITY PLANS As eoc eY PCO JMC 03/02/23 cusromER �o ON xuRN Rev. By Approved By Date CPP RG2 WILSON, NC 3 BE 1ONrMCT NO. CATEGORY SEOTIREO WINO NO. SHEET I— 14113-B 8480 1962 8 PNi RATE a P1 CHP PLANT COLD/HOT PIPE TRENCH �LTOC 1 — — i ssa PUMP EV P RATION - PIHOUSE I ! __COOL NG POND___ J I _ a 91 LIMITS OF CONSTRUCTION -- z \ 3 I 3ol01 yd ,oa a i — - — w w II LIMITS OF CONSTRUCTION m � m "pw g I oa 8 i ,co i z I W - o II 3 w roi o �. HE HOT SUPPLYPIPE COLD WATER CHP PLANT s I = S nn w�Op o 0. 6" 8"0 (E) WATER HOT WATER PLANT CHP PLANT ACCESS DRIVE \� � � _ — — ,a LIMITS OF CONSTRUCTION 01 O � ��_ � y� �,oe• P3 A A , A2 w � e _ o• E n CHP PLANT CHP FIN GRADE 112' o -- P1 HEAT EXCHANGER k -EL TOC N2.8'j'V " AREA LOCATION, y o =o ' f ' _ ®� FFE PLANT PROJECT NORTH 1: 1700 P1 CHPPLANTCOLD/HOT PIPE TRENCH 2' 0" TRENQH TYP (2) 8" DIA WATER CHP FIN GRADE COLD/HOT SUPPLY&— RETURN L= I =_; ill D till— I I =1 z IIIII I IIIIII I � � IIIII=1 I IIIII=1 � I I-11 1I— I_I-1 8" DIA PIPE SUPPORT DRAINAGE GRAVEL BED SADDLE TYPICAL SECTION PIPE TRENCH 1 /2" = 11-011 SCHEDULE COLD WATER TRENCH PIPE WORK FUNCTION SIZE (DIA) QTY DESCRIPTION LENGTH TOTAL (FT) MATERIAL COLD WATER CHP PLANT 8"0 1 22.5' BEND 0.0' PVC SCHEDULE 40 COLD WATER CHP PLANT 8"e 8 45" BEND 0.0' PVC SCHEDULE 40 COLD WATER CHP PLANT 8"e 4 90" BEND 0.0' PVC SCHEDULE 40 COLD WATER CHP PLANT 8"e 1 CAP 0.0' PVC SCHEDULE 40 COLD WATER CHP PLANT 8"e 14 PIPE 2903.3' PVC SCHEDULE 40 SCHEDULE HOT WATER TRENCH PIPE WORK FUNCTION SIZE (DIA) QTY DESCRIPTION LENGTH TOTAL (FT) MATERIAL HOT WATER CHP PLANT 8"0 7 22.5' BEND 0.0' CARBON STEEL HOT WATER CHP PLANT 8"e 11 45" BEND 0.0' CARBON STEEL HOT WATER CHP PLANT 8"e 7 90" BEND 0.0' CARBON STEEL HOT WATER CHP PLANT 8"e 1 CAP 0.0' CARBON STEEL HOT WATER CHP PLANT 8"e 1 GATE VALVE 0.5' CARBON STEEL HOT WATER CHP PLANT 8"e 28 PIPE 1 2093.3' ICARBON STEEL HOT WATER CHP PLANT 8"e 1 TEE 1 1.4' 1 CARBON STEEL HOT WATER CHP PLANT 8"e 1 WYE COMBINATION 1 0.0' 1 CARBON STEEL "%"%1 a ur1NrT4 SOD(/ ,p SEALS e f 28308 �5 zt r�rrri fl11115fi�+ LA INER EDGE P1 492' 0" OVERALL POND LINER 246' - 0" 248• - 0" I w _ LIMITS OF CONSTR_ CTION 0 88j— _ _ _ _ _ _ — _ _ _ — _ — — — — _ _ — _ _ _ _ — o u' —-�`91'�� w w - 9' v I � -- ---Q w / AO 911- EVAPORATION COOLING LB SYSTEM DESIGN SUMMARY TOTAL NUMBER OF LATERALS = 6 LINER EDGE FLOW RATE PER NOZZLE = 69.4 GPM PRESSURE AT NOZZLE = 60 PSI NOZZLE SPRAY ANGLE =120 DEG NOZZLE CATALOGUE NUMBER = TF64 SPRAY PATTERN = FULL CONE FREEBOARD = 24" w L2 91 91' w l m l UI — 90' m l 89 U 90 60 __ 275 I zi ml 148'-0. 1 40'-0" 0'-0" 4V 0" 40'-0" 4V-0" 148•-0" LATERAL L TERAL LATERAL LATERAL LATERAL I 20'-0" 20'-0' I I I 11 -----+----- TENSION CABLE -------------------------------------- -- - -- I -- - - - - - -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - z U = Z I Iz RECLAIMED POND WATER 100 i j1 PUMP HOUSE a MAKEUP VALVE ' 1s�- Jss & BRIDGE `> I I p_ I� _ o — _ — _ — _ — _ — _ — _ — _ — _ _ _ — _ _ � _ _ _ _ _ _POND— _ _ — _ — _ — _ — _ — _ — — _ _ — _ — _ — _ — _ — _ — _ — _ — _ — _ I � -' a RECLAIMED WATER LINE I o 0 0go !I <o in TENSION CABLE I . o I c,SFG�c/S z o I n 0 no y o - < A 90' I w \ g1• 92' z r FENCE LINE • FENCE LINE HEADER " s4. EVAPORATIONCH_ AND AND P ANT --- _.INTERCONNECTION-_—__ _______ LIMITS OF CONSTRUCTION - LIMITS OF CONSTRUCTION — I �PIPETRENCH 9S I ®1 EVAPORATIVE COOLING POND SITE PLAN 1 — 20l-011 ROJECT NORTH .���tl nllryrrrr. - SEALT- v 28308 FLOAT ASSEMBLY 1965 / / e / e / A FLEX HOSE TENSION CABLE. TYPICAL @ EVAPORATION HEADER ENDS / e / e / / e / 4 FLOAT DETAIL ASSEMBLY IECT NORTH 1 -1 0 w ee WATERLINE w L1 — L1 / e ® 8" DIA HEADER AND 4" / T-6" g DIA LATERALS _ ' STAINLESS STEEL _ ® CONCRETE HEADER PIPE SUPPORT PIERS e 11� A C'V1 l A (E) FENCELINE 1 5 GV SITE EVAPORATION FLOW INTERCONNECTION FROM PUMP HOUSE a o POINT. CHP PLANT PIPING CONNECTION TO 8" i w HEADER EVAPORATIVE SPRAY SYSTEM ww ¢s 3� UU g oa pJ iw U K y W Z TO CHP PLANT FROM a PUMP HOUSE s FROM CHP PLANT TO LIMITS OF CONSTRUCTION EVAPORATIVE 2 lsss COOLING SYSTEM L PIPE TRENCH P1 ®n SITE PLAN EVAPORATIVE PIPE HEADER INTERCONNECTION � 3/8"=11-011 PROJECT NORTH L1 LINER EDGE T-6" FENCELINE (FV) 6'-0" GATE VALVE SS GATE VALVE CARBON STL 12 s, - o. BRAIDED FLEX HOSE I 8 EVAP HEADER AND SADDLE SUPPORT HEADER PIER COLD WATER FROM PUMP HOUSE SECTION EVAPORATIVE PIPE HEADER & LATERAL 1 /2"=11-011 �11 TT /I n FABRICATED HARDWARE- 4X4 TUBE STEEL WITH PIPE CAP. a (1) EMBED PLATE 112" THK. x 6" x 6" A-36 WITH (4) 318" DIA. L-RODS 5" LG. c HOT DIPPED GALVANIZED FINISH. MOUNTING HARDWARE - (1) WINCH RIGHT SIDE HANDLE, 1500# MAX. CAPACITY, 114" DIA CABLE, McMASTER-CARR PART #3196T24. 1, U' (1)1W DIA CABLE 18-8 STAINLESS STEEL, 12001 CAPACITY, EXTRA LUBRICATED, 100' LG., McMASTER-CARR PART #3461T69. (3 EACH) GALVANIZED BOLTS, NUTS, WASHERS; 318"-16UNC HEX BOLTS 4" LG., HEX NUTS, FLAT & LOCK WASHER. (1) OVAL SHAPED STAINLESS STEEL CONNECTING LINKS, 14001 CAPACITY, MCMASTER-CARR PART#8947T26. (2) CABLE CLAMPS 114" 316 STAINLESS STEEL, MCMASTERCARR PART #3017T44 (2) CLAMPS PER PACK. CABLE TENSION DETAIL 111 = 11-011 SCHEDULE EVAPORATION COOLING SYSTEM EQUIPMENT Mark ID Qty Description Material / Grade Manufacturer) Supplier) Model # 1 54 36"x36"xl2"DP HIGH ECAPSULATED PLASTIC'EAGLE' FLOAT' EXTRA STRONG VIRGIN POLYETHYLENE CONTAINING ULTRAVIOLET INHIBITORS HENDREN PLASTICS 2 108 T-0" LG x 3116" FLAT BAR FLOAT BASE STAINLESS STEEL 3 216 318" DIA -16UNC GALV PERMA CLIP FASTENERS WINUT AND (2) WASHERS STAINLESS STEEL McMASTER-CARR 4 58 W4xl3xl5" LG DRILLED TOP HOLES FOR PIPE CLAMP I CABLE SUPPORT UBOLTS STAINLESS STEEL 5 108 OVAL SHAPED STAINLESS STEEL CONNECTING LINKS, 1400# WORKING LOAD LIMIT STAINLESS STEEL ASC Engineered SolutionsT" 6 54 4"xl/2" THK STAINLESS STEEL PIPE CLAMP WI (4) NUTS STAINLESS STEEL ASC Engineered SolutionsT" 7 18 1 112" FULL CONE NOZZLE 120 DEGREES 316 STAINLESS STEEL TF64 BETE 8 6 10' LG, 4" DIA STEEL BRAIDED FLEX HOSE, VIBRATION RESISTANT WIFLANGES BRAIDED STAINLESS STEEL 9 18 WELD-O-LET, FEMALE THREADED STAINLESS STEEL 10 14 8" DIA EVAPORATION HEADER PIPE SADDLE HOT DIPPED GALVINIZED STEEL 11 8 HAND WINCH FOR WIRE ROPE HOT DIPPED GALVINIZED STEEL PART#3196T24 McMASTER-CARR 12 6 4" GATE VALVE STAINLESS STEEL 15 8 CAP ASTM CARBON STEEL 16 57 1200 ft 114" DIA CABLE 18-8 STAINLESS STEEL, 1200# WORKING LOAD LIMIT, EXTRA LUBRICATED. ADDITIONAL HARDWARE: 114" CABLE CLAMPS 316 STAINLESS STEEL GRADE MIL-DTL-83420 McMASTER-CARR. CABLE PART# 8947T26, SOLD 50' LENGTHS. CLAMP PART# 3017T44 (2CLAMPS PER PACK) 'tttt NCAR [u a ry � rrq. eSEALT v f 28308 A� �Fh GI NEF�jCO SCE M. v-.�•'' /'7/rrl{1ltttt• LA LINER EDGE G� ELECTRICAL DUCTBANK FEED TO MCC ROOM @ 480/3/60 SUPPLIED MCCEL #TOC 94.2'2 SLAB ON AND INSTALLED BY CPP -rj GRADE PUMP HOUSE SLAB ON GRADE EL TOC 94.7 DISCHARGE SUCTION PUMPI BRIDGEACCESS GATE M•0113114 c ❑ a C� 4 G F FLOW METER J z ass � z ao DISCHARGE FROM PUMP o HOUSE TO CHIP PLANT - a � U m4 LINER EDGE LA ®❑�❑ PUMP HOUSE AND PIPE BRIDGE 1-011 PRn IF:rT Mf1RT14 OVERALL 20'-0" SUCTION FROM POND — SUCTION FROM POND SCHEDULE PUMP STATION EQUIPMENT Mark ID Oty Description Material I Grade Manufacturer I Supplier A 1 1.25"xl.25" TUBE STEEL SAFETY RAIL ASTM A36 I SAFETY YELLOW I OSHA 1910 B 2 FLANGED END BASKET STRAINER CASTIRON Mueller Steam Specialty C 2 CHECK VALVE CASTIRON D 4 GATE VALVE CASTIRON E 1 8" PROLINE PROMAG W 400 ELECTROMAGNETIC FLOWMETER AISi 10mg COATED ENDRESS + HOUSER (Max. process pressure PN 40, Class 300, 20K) F 3 814 REDUCING ELBOW ASTM CARBON STEEL G 2 6" TEE ASTM CARBON STEEL H 4 90 ELBOW ASTM CARBON STEEL d 2 6" DIA POLY -SWING FOOT VALVE & BASKET SCREEN HIGH DENSITY POLYETHYLENE BODY I STAINLESS STEEL WORKING PARTS TERMPRO K 2 6" Y STRAINER L 1 UTILITY BOX DUCTBANK PRECAST CONCRETE MODEL #233-LA, OLDCASTLE INSFRASTRUCTURE (A CRH COMPANY) M 2 45 ELBOW ASTM CARBON STEEL M-0113 / 14 2 CIRCULATION COOLING WATER PUMPS, 46-11 H S, BRONZE FITTED, 250HP@36001447TS BODY CAST IRON 1 FITTINGS BRONZE. GOULDS BLUE STANDARD PAINT ITT GOULDS PUMPS. MODEL#3410-S nND 88 4 ELEVATION 1❑�❑ 1 /411 = 1 1-011 480V13PH,3W FED FROM 500KVA TRANSFORMER CONNECTED LOAD n ^ M ACCL 635 FLA EFFECTIVE LOAD 483FLA------------- -----------------------------------------------------------------------------------------------------------I (4)500MCM/PH (01A) N y) MAIN CB (LSI) MCC HORIZONTAL BUS 480V, 3P, 3W, 1200A, 65 KAIC END (03A) �(04A) �(02E) �(02F) o CB-0113 $ CB-0114 0 CB-LC4 0 CB-SP1 D D D D SIZE 6 SIZE 6 FEEDER 15KVA,14 480Vab240/120V TRANSFORMER 250 250 L--------------------- HP HP SPARE M-0113 M-0114 UTILITIES CIRCULATING CIRCULATING LOAD CENTER, WATER PUMP #1 WATER PUMP #2 31.25 FLA 3600 RPM1302 FLA 3600 RPM/302 FLA PUMP HOUSE MCC #2 ONE -LINE RELEASED FOR CONSTRUCTION Revision Description Revision Schedule 11114u1erpgl y\ CA)po r 2830B ll!!l114111111y11 ■ 5 kLLONS CAROLINA POULTRY POWER RG2 EVAPORATIVE COOLING POND SYSTEM COOLING LOOP PLUMBING PLAN, ELEVATION, ONE -LINE AND SCHEDULE 14113-B 8480 1 1 1966 z3z� Pao 02117123 CHECKED By TJKI PDA 02/17123 vvaovEo By o- JMC 02117123 sME oc By ocnnory ON,NC 3 BE xuHK SHEET courvr 8 P TE a HaB' MEDIA: CONDENSATE PRESSURE: 1 PSIG FLOW: 81,000#/FIR TEMPERATURE: 1597 MEDIA: STEAM (LOW) PRESSURE:10 PSIG FLOW: 81,000#/ IR TEMPERATURE: 239 °F HEAT EXCHANGER HEAT EXCHANGER CONDENSER LOOP P&ID AND SPECIFICATIONS 6" 6" 6" 8" ' -- MEDLA: CIRCULATING WATER FE PRESSURE: 115 PSIG FLOW: 1250: GPM 6" 6" 66" TEMPERATURE: 80 °F ,l g 1 I I MEDIA: CIRCULATING WATER PRESSURE: 75 PSIG FLOW: 1250: GPM 1 TEMPERATURE: 205 'F I ' NOTE: This is a standard heat exchanger designed to ensure there is no mixture of the two media (pond water and steam from boiler) never mix. Simply put, no wastewater from the power plant goes back to the pond. FOOT VALVES WITH BASKET SCREEN — 6" 6" S 8" 2" GATE VALVE -a CITY OF WILSON WATER TREATMENT PLANT RECLAIMED WATER RECLAIMED POND WATER MAKEUP CARO . 04: FE5 sip. {i �4aS EAL r p+- f 28308 Irrr rl lflt77111\\ CONCRETE NOTES 1. All reinforced concrete materials shall be proportioned, fabricated, delivered, and placed in accordance with ACI Standard AC1318-14 "Building Code Requirements for Reinforced Concrete." including latest supplement. 2. All concrete shall be entrained. Air entrainment shall be 5%+/ -I%. 3. Detailing of concrete reinforcement and accessories shall be in accordance with ACI Publication 315, "Manual of Standard Practice for Detailing Reinforced Concrete Structures." 4. All concrete shall have sand and gravel or crushed stone aggregate Type I, Portland Cement, and a compressive strength of4000 PSI in 28 days. Normal weight aggregate shall conform to ASTM C33, 5. Contractor shall submit proposed concrete proportions, along with supporting documentation. 6. U.N.G, all concrete reinforcing bars shall conform to ASTM A615, Grade 60. Column ties, field bent dowels, and No. 3 bars when used as stirrups shall conform to ASTM A615, Grade 60. 7. All welded wire fabric shall conform to ASTM A185 and shall be supplied in flat sheets. Where splices are required, welded wire fabric shall be lapped two full wire panels and shall be fastened securely together with wire. 8. U.N.O. concrete cover steel reinforcement shall conform to the minimums required by paragraph 7.7 of ACI 318.83. 9. U.N.D. lap slices and embedment lengths shall conform to Table A on this DWG Manual SP-17, Class B splices. 10.Reinforcing shall be supported with plastic chairs and secured in its correct location to prevent displacement during placement of concrete. 11.Reinforcing bars may be spliced only as shown on the drawings except that reinforcement designated as "Continuous Reinforcement" may be lap spliced per Table A. Lap splices of continuous reinforcement in beams shall be made over the support for bottom bars and at mid -span for the top bars. 12.Provide corner bars in outside faces and inside faces of all reinforced intersecting walls, Footings, and grade beams. Number, size, and spacing of corner bars shall be equal to number, size, and spacing of horizontal reinforcing bars with which they lap, and legs shall extend per Table A. 13.Extend horizontal reinforcement at intersecting walls and footings beyond the point of intersection to the opposite face and bend to a standard 9D degree hook, -or provide bent bowels of equal size and spacing, , lapped per Table A. 14.At discontinuous ends of grad beams, extend top beam reinforcement across thejoint formed bythe intersecting pier, grade beam, etc. and provide standard ACI 90 degree hooks on all such reinforcement. 15.]oint5 not shown shall be made and located to least impair strength and appearance of structure. As approved by HRT representatives. No horizontal joints shall be permitted in concrete except where they normally occur or where noted. Vertical joints shall occur near centers of spans at locations approved by HRT representatives. 16.All construction joints shall be prepared by roughening the surface of the concrete in an approved manner so that the aggregate shall be exposed uniformly, leaving no loosened particles or damaged concrete. 17.Expansion joints to be cleaned of all loose material and filled with a silicone grout. 18.Provide chamfers as detailed on architectural drawings. 19.Expansion bats installed in poured -in -place concrete shall be wedge anchors of the size shown (Hifti Kwik-bolt or approved equal). All expansion bolts shall have bolt length designation stamped on threaded end and confirm to 1994 UBC for load rating with special inspection. 20. All anchor bolts shall conform to ASTM A307, unless noted otherwise. 21. Grout shall be prepackaged, no -metallic, non-gaseous- It shall be non -shrink when tested according to CRDC-621 at a fluid consistency (flow cone) of 25+/ -5 seconds. Grout shall attain 5000 PSI compressive strength in 28 days at above flow and shall not bleed. Grout shall be moist cured for 24 hours after placement. 22. All trenches, sumps, and curbs not poured monolithic, are to have an approved water stop at all construction joints. 23. Finish floor to have a broom finish. 24. Owner shall be responsible for any hazardous waste and the removal of same that is found on the site. n CONSTRUCTION NOTES SITE PREPARATION 1. Remove topsoil or any surface material not suitable for sub -fill. 2. Provide adequate precaution to ensure that runoff water & seepage from excavations is drained away from the construction area. 3. Extend excavation 5' outside the perimeter grade beams. EXCAVATION & FILL 1. Utilities: Project engineer must request location of underground utilities by a "Call before You Dig" utility crew at least 48 hours prior to on -site activities. Excavation must not commence until underground utilities have been located. Operators of tractors and other equipment with mast or poles must check for overhead utilities before raising the masts or poles. 2. Remove existing silty sand containing organic fines and wood fragments and waste in manner suitable to project owner. 3. Scarify exposed subgrade at least six inches in depth and recompact to density specified below. 4. Place subsequent lifts on select fin thin layers not exceeding eight inches in loose thickness to the desired rough grade and compact each lift to at least 95 percent of the density defined by ASTM D-698 (standard proctor). Maintain moisture within +/-two percent the theoretical optimum. 5. Maintain adequate drainage of disturbed areas during construction to reduce moisture fluctuations in the subgrade. Such measures may include ditches, sumps and/or wellpoints. 6. Fills of naturally or artificially graded approved materials conforming to 304.02 of ashto fill may be compacted using relatively strict moisture control. 7. Dig grade beams. 8. Place vapor barrier. 9. Place steel. 10. Geotextile fabrics maybe placed over moisture sensitive soils to permit compaction of succeeding fill layers. 11. Alternate compaction techniques may be used by others based on prevailing moisture, time demands, and other economic factors. DESIGN CRITERIA DISTRIBUTION LINES Please confirm compliance with 15A NCAC 02U .0403 DESIGN CRITERIA FOR DISTRIBUTION LINES 15A NCAC 02U .0403 DESIGN CRITERIA FOR DISTRIBUTION LINES attached. We propose it would be adequate to add wording to Sheet 9 "Stamped_RG2 Wilson 1961...", the NOTES: RECLAIM WATER LABELING 1. All reclaimed water valves, storage areas and outlets will be tagged or labeled to warn the public and employees that the water is not intended for drinking. Example tag/label below. ••`��' C A R��'�•,, si(5. ' !�)SLAL� 28308-5 zt e 2. All reclaimed water piping, valves, outlets and other appurtenances will be color coded/taped to identify the source water as being reclaimed water. a. Piping and appurtenances will be colored purple and embossed or integrally stamped "CAUTION: RECLAIMED WATER - DO NOT DRINK" or be installed with purple identification tape or polyethylene vinyl wrap. The warning will be stamped on opposites sides of the pipe and repeated every three feet or less. b. The identification tape will beat least three inches wide and have white or black lettering on purple field stating "CAUTION: RECLAIMED WATER - DO NOT DRINK". Identification tape will be installed on top of reclaimed water pipelines, fastened at least every 10 feet to each pipe length and run continuously the entire length of the pipe. c. Existing underground distribution systems retrofitted for the purpose of conveying reclaimed water will be taped or otherwise identified as noted above. This identification will be incorporated within 10 feet of crossing any potable water supply line or sanitary sewer line. 3. All reclaimed water valves and outlets will be of a type, or secured in a manner, that permits operation by personnel authorized by the entity that operates the reclaimed water system. 4. Hose bibs shall be located in locked, below grade vaults that shall be labeled as being of non -potable quality. As an alternative to the use of locked vaults with standard hose bib services, other locking mechanisms such as hose bibs that can only be operated by a tool may be placed above ground and labeled as non -potable water. ■ F �LLONS oar „ RELEASED FOR CONSTRUCTION Revision Description Revision Schedule CAROLINA POULTRY POWER RG2 TJK/PDA ov, EVAPORATIVE COOLING POND SYSTEM AJIM1 "ED B° 02 1 CONSTRUCTION NOTES -oc ev CPP RG2 WILSON TNC s3E BE Mnak 1CO 4113 BNO FEGO y REa 1968 G DD 8 DU Appendix D Specifications Carolina Poultry Power - Wilson March 2023 Wide Range of Flows and Angles DESIGN FEATURES • The original spiral nozzle invented by BETE and continuously improved! • High energy efficiency • One-piece/no internal parts • Clog -resistant performance • High discharge velocity • Male connection standard; female connection available by special order SPRAY CHARACTERISTICS • Wide range of flow rates and spray angles • Fine atomization Spray patterns: Full Cone. For Hollow Cone, see page 45 Spray angles: 500 to 1800 Flow rates: 0.5 to 3320 gpm (Higher flow rates available) Available with FM approval: N series (page 102), 1/4" TF8 NN, FCN in brass, 1/2" TF24-150 in multiple materials Full Cone 60° (NN) Full Cone 90° (FCN) Full Cone 150°/170° 60*, 90•, 120• Metal 90°. 120° Dimensions are approximate. Check with BETE for critical dimension applications. TF Full Cone Flow Rates and Dimensions Full Cone, 60' (NN), 90* (FCN or FFCN), 120' (FC or FFC), 150*, and 170o Spray Angles, 118" to 4" Pipe Sizes 150°,170° dd PTFE not recommended at pressuApprox. (in.) Wt. (oz.) above red line Male Available GALLONS PER MINUTE @ PSI Mel abovegreeal ONLY at nrlipressures Free Dim. (in.) for 60o 90° Pipe Nozzle Spray Angles K 5 10 20 30 40 50 60 80 100 200 400Orif. Pass. Metal Only* 120° Size Number 60° 90°120°150°170° Factor PSI PSI PSI PSI PSI PSI PSI PSI PSI PSI PSIDia. Dia. A** B C Metal Plas. TF6 60° 90° 120° 150° 170° 0.221 0.495 0.70 0.99 1.21 1.40 1.57 1.71 1.98 2.21 3.13 4.4310.09 0.09 1.69 0.56 1.69 1/8 1.00 0.20 TF8 60° 90° 120° 150° 170° 0.411 0.919 1.30 1.84 2.25 2.60 2.91 3.18 3.68 4.11 5.81 8.22 0.13 0.13 1.69 0.56 2.19 TF6 60° 90° 120° 150° 170° 0.221 0.495 0.70 0.99 1.21 1.40 1.57 1.71 1.98 2.21 3.13 4.43 0.09 0.09 1.88 0.56 1.88 1/4 TF8 60° 90° 120° 150° 170° 0.411 0.919 1.30 1.84 2.25 2.60 2.91 3.18 3.68 4.11 5.81 8.22 0.13 0.13 1.88 0.56 2.38 1.25 0.20 TF10 60° 90° 120° 150° 170° 0.632 1.41 2.00 2.83 3.46 4.00 4.47 4.90 5.66 6.32 8.94 12.6 0.16 0.13 1.88 0.56 2.38 TF6 60° 90° 120° 0.221 0.495 0.70 0.99 1.21 1.40 1.57 1.71 1.98 2.21 3.13 4.43 0.09 0.09 TF6 60, 90° 120. 0.411 0.919 1.30 1.84 2.25 2.60 2.91 3.18 3.68 4.11 5.81 8.22 0.13 0.13 TF10 60° 900 1200 0.632 1.41 2.00 2.83 3.46 4.00 4.47 4.90 5.66 6.32 8.94 12.6 0.16 0.13 3/8 TF12 60° 90° 120° 150° 170° 0.949 2.12 3.00 4.24 5.20 6.00 6.71 7.35 8.49 9.49 13.4 19.0 0.19 0.13 1.88 0.69 2.38 1.63 0.25 TF14 60° 90° 120° 150° 170° 1.28 2.86 4.05 5.73 7.01 8.10 9.06 9.92 11.5 12.8 18.1 25.6 0.22 0.13 TF16 60° 90° 120° 150° 170° 1.68 3.75 5.30 7.50 9.18 10.6 11.9 13.0 15.0 16.8 23.7 33.5 0.25 0.13 TF20 60° 90° 120° 150° 170° 2.61 5.83 8.25 11.7 14.3 16.5 18.4 20.2 23.3 26.1 36.9 52.2 0.31 0.13 TF24 60° 90° 120° 150° 170° 3.81 8.52 12.1 17.0 20.9 24.1 26.9 29.5 34.1 38.1 53.9 76.2 0.38 0.19 1/2 TF28 60° 90° 120° 150° 170° 5.22 11.7 16.5 23.3 28.6 33.0 36.9 40.4 46.7 52.2 73.8 104 0.44 0.19 2.50 0.88 3.06 3.00 0.50 314 TF32 60° 90° 120° 150° 170° 6.64 14.8 21.0 29.7 36.4 42.0 47.0 51.4 59.4 66.4 93.9 133 0.50 0.19 2.75 1.13 3.50 5.50 0.88 TF40 60° 90° 120° 150° 170° 10.6 23.7 33.5 47.4 58.0 67.0 74.9 82.1 94.8 106 150 212 0.63 025 1 TF48 60° 90° 120° 150° 1700 15.0 33.6 47.5 67.2 82.3 95.0 106 116 134 150 212 300 0.75 0.25 3.63 1.38 4.38 8.50 2.50 TF56 60° 90° 120° 150° 170° 20.4 45.6 64.5 91.2 112 129 1 144 158 182 204 288 408 0.88 0.31 5.38 1112 TF64 60° 90° 120° 150° 170° 26.7 59.7 84.5 120 146 169 189 207 239 267 378 534 1.00 0.31 4.38 2.00 5.38 22.0 4.25 TF72 60° 90° 120° 150° 170° 30.4 67.9 96.0 136 166 192 1 215 235 272 304 429 607 1.13 0.31 5.63 TF88 60° 90° 120° 150° 170° 44.3 99.0 140 198 242 280 313 343 396 443 626 885 1.38 0.44 5.63 2.50 5.88 46.0 8.00 2 TF96 ' 60° 900 1200 1500 1700 55.9 125 177 250 306 354 395 433 500 559 791 1120 1.50 0.44 6.88 2.50 7.00 54.0 9.00 TF112 ' 60° 90° 120° 150° 170° 81.0 181 256 362 443 512 572 627 724 810 1150 1620 1.75 0.56 3 TF128 ' 60° 90° 120° 150° 170° 107 239 339 480 588 679 759 831 960 1070 1510 2150 2.00 0.56 8.63 3.50 9.25 114 20.0 4 TF160 ' 60° 90° 120° 166 371 525 442 909 1050 1170 1290 1480 1660 2350 3320 2.50 0.63 10.1 4.50 169 27.0 Flow Rate (GPM) = K PSI *Dimensions are for bar stock, cast sizes may vary. **60° nozzles slightly longer, consult BETE. ' Three turn nozzles Standard Materials: Brass, 316 Stainless Steel, PVC, Polypropylene, and PTFE (Poly. not available for TF6 thru TF10). Spray angle performance varies with pressure. Contact BETE for specific data on critical applications. 20 F More information and current pricing: www.us.endress.com/5W4C Products Solutions Services Proline Promag VAT 400 electromagnetic flowmeter Versatile standard flowmeter for the water and wastewater industry Benefits: ■ Reliable measurement at constant accuracy with 0 x DN inlet run and no pressure loss ■ Flexible engineering — sensor with fixed or lap -joint process connections ■ Application fitness — EN ISO 12944 corrosion protection for underground or underwater installation ■ Improved plant availability — sensor compliant with industry -specific requirements ■ Safe operation — no need to open the device ■ Time -saving local operation without additional software and hardware — integrated web server ■ Integrated verification and build-up detection — Heartbeat Technology Specs at a glance ■ Max. measurement error Volume flow (standard): ±0.5 % o.r. ± 1 mm/s (0.04 in/s) Volume flow (option): ±0.2 % o.r. ± 2 mm/s (0.08 in/s), Flat Spec ■ Measuring range 0.5 m3/h to 263000 m3/h (2.5gal/min to 1665 Mgal/d) ■ Medium temperature range Liner material hard rubber: 0 to +80 °C (+32 to +176 T) Liner material polyurethane: —20 to +50 °C (- 4 to +122 T) Liner material PTFE: —20 to +90 °C (-4 to +194 °F) ■ Max. process pressure PN 40, Class 300, 20K • Wetted materials Liner material hard rubber: 0 to +80 °C (+32 to +176 °F) Liner material polyurethane: —20 to +50 °C (-4 to +122 T) Liner material PTFE: —20 to +90 °C (-4 to +194 T) Electrodes: 1.4435 (316L); Alloy C22, 2.4602 (UNS N06022); Tantalum Endress+Hauser iD Proline Promag W 400 / 5W4C Liquids Field of application: With its international approvals for custody transfer as well as drinking water, Promag W serves the broadest variety of applications. It is available as both compact or remote version. Promag W 400 saves time and costs thanks to the broad functionality of its transmitter optimized for Water & Wastewater. In addition, Heartbeat Technology ensures measurement reliability and compliant verification. Features and specifications Measuring principle Electromagnetic Product headline Versatile standard flowmeter for the water and wastewater industry. Reliable measurement at constant accuracy with 0 x DN inlet run and no pressure loss. Ideal for water measurement, e.g. drinking water, utility water and industrial/municipal wastewater. Sensor features Flexible engineering — sensor with fixed or lap -joint process connections. Application fitness — EN ISO 12944 corrosion protection for underground or underwater installation. Improved plant availability — sensor compliant with industry -specific requirements. International drinking water approvals. Degree of protection IP68 (Type 6P enclosure). Approved for custody transfer to MI-001/O1ML R49. Transmitter features Safe operation — no need to open the device due to display with touch control, background lighting. Time -saving local operation without additional software and hardware — integrated web server. Integrated verification — Heartbeat Technology. Transmitter housing made of durable polycarbonate or aluminium. WLAN access. Integrated data logger: measured values monitoring. Nominal diameter range DN 25 to 3000(1 to 120") 2 Endress+Hauser Proline Promag W 400 / 5W4C Liquids Wetted materials Liner material hard rubber: 0 to +80 °C (+32 to +176 T) Liner material polyurethane: -20 to +50 °C (-4 to +122 °F) Liner material PTFE: -20 to +90 °C (-4 to +194 T) Electrodes: 1.4435 (316L); Alloy C22, 2.4602 (UNS N06022); Tantalum Measured variables Volume flow, conductivity, mass flow Max. measurement error Volume flow (standard): ±0.5 % o.r. ± 1 mm/s (0.04 in/s) Volume flow (option): ±0.2 % o.r. ± 2 mm/s (0.08 in/s), Flat Spec Measuring range 0.5 m3/h to 263000 m3/h (2.5gal/min to 1665 Mgal/d) Max. process pressure PN 40, Class 300, 20K Medium temperature range Liner material hard rubber: 0 to +80 °C (+32 to +176 °F) Liner material polyurethane: -20 to +50 °C (-4 to +122 °F) Liner material PTFE: -20 to +90 °C (-4 to +194 °F) Ambient temperature range Liner material hard rubber: 0 to +80 °C (+32 to +176 T) Liner material polyurethane: -20 to +50 °C (-4 to +122 T) Sensor housing material DN 25 to 300 (1 to 12"): AISi1OMg, coated DN 25 to 2000 (1 to 78"): Carbon steel with protective varnish Sensor connection housing (standard): AISilOMg, coated Sensor connection housing (option): Polycarbonate Transmitter housing material Polycarbonat; AISi1OMg, coated 3 Endress+Hauser Proline Promag W 400 / 5W4C Liquids Degree of protection Compact version: IP66/67, type 4X enclosure Sensor remote version (standard): IP66/67, type 4X enclosure Sensor remote version (option): IP68, type 6P enclosure, with protective varnish according to EN ISO 12944 C5-M/Iml/lm2/lm3 Transmitter remote version: IP66/67, Type 4X enclosure Display/Operation 4-line backlit display with touch control (operation from outside) Configuration via local display, web browser and operating tools possible Outputs 3 ouputs: 0-20 mA/4-20 mA HART (active) Pulse/frequency/switch output (passive) Pulse/frequency output (passive) Switch output (passive) Inputs Status input Digital communication HART, PROFIBUS DP, EtherNet/IP, Modbus RS485 Power supply AC 100...240 V / AC/DC 24 V Hazardous area approvals cCSAus Metrological approvals and certificates Calibration performed on accredited calibration facilities (acc. to ISO/IEC 17025), NAMUR Custody transfer according to MI-001 or OIML R49 (optional class I in combination with ODN inlet run) Pressure approvals and certificates CRN 4 Endress+Hauser Proline Promag W 400 / 5W4C Liquids Material certificates 3.1 material Hygienic approvals and certificates Drinking water approval: ACS, KTW/W270, NSF 61, WRAS BS 6920 More information www.us.endress.com/5W4C Endress+Hauser USA add resses.endress.com E n d ress +Hauser United States info.us@endress.com Applicator Sizing - Condensed (Flow) Project Project Wellman C.Project No. 0 Customer: TAG John Sandmann Timestamp 10.02.2023 10:07 AM Review number 7 Sales order number Contact person --- eMail: --- ------------------------------ Phone --------------------------------------------------- --- Fax ----------------------------------------------- --- General Parameters Fluid Water, potable State Liquid Character Clean Abrasiveness Not abrasive Fluid type Newtonian Atmospheric Pressure ------------------------------- 14.696 psi_a ------------------------------------------------------------- Standard ASME (ANSI) Flowmeter Flowmeter Promag W 400 Generation: 3 / Model: 0 Flow Principle Electromagnetic Extended Order Code 5W4C2H"*******HA1 S*A Meter Size 8" Material (sensor) * Hard -Rubber -Liner (0...+80°C) Process connection* Cl 150 ASME, 3160.4404 ASME B16.5 flange Operating range min. 22.01 22.01 22.01 USGPM Operating range max. 4843.15 4843.15 4843.15 USGPM *The user is responsible for the selection of process -wetted materials in view of their corrosion resistance. Endress+Hauser makes no guarantees and assumes no liability for the corrosion resistance of the materials selected here for the application described above. ***For error calculation, the specified reference conditions for the calibration of the flowmeter according to ISO/IEC 17025 apply. Further information in technical documentation. Print date: 10.02.2023 10:07 AM Applicator& 11.16.02 / 26.08.05 i Operating Conditions minimum nominal maximum Requested Flow 800 1 200 1 350 USGPM 399 865 599 797 674 772 Ib/h Pressure 3.5 3.5 3.5 psi_g Temperature 68 68 68 °F Density 0.9982 0.9982 0.9982 SG Viscosity 1.0016 1.0016 1.0016 cP Vapor Pressure -------------------------- 0.3393 ----------------- 0.3393 ----------------- 0.3393 ----------------- psi_a Design pressure pressure 3.5 3.5 psi_g (min/max) Design temp. (min/ 68 68 °F max) Sizing and Calculated Results minimum nominal maximum Requested Flow 800 1 200 1 350 USGPM Velocity 5.066 7.6 8.55 ft/s Pressure loss n.a. n.a. n.a. psi Measurement error 0.56 0.54 0.54 % volume flow*** Reynolds No. 313 953 470 929 529 795 Warning(s) Notice(s Message(s) -1/2- Under no circumstances is Endress+Hauser liable for errors, neither in the Software and in its documentation, nor for any errors and consequential damage which may arise out of their use. The results in Applicator apply to parameters entered by the user. A Endress + H a u s e r change in these parameters could lead to different results. Mandatory data can be found in the corresponding Operating Instruction People for Process Automation (BA) and Technical Information (TI). Applicator Sizing - Flow Project: Wellman Customer: Contact person: --- Phone: --- eMail: --- TAG: John Sandmann Timestamp: 10.02.2023 10:07 AM Sales order number: Fluid properties sheet Fluid Fluid name Water, potable Chemical formula H2O Fluid description Medium character Clean Conductivity more than 50 pS/cm Fluid group (PED) Not considered for PED Fluid type Newtonian Fluid stability Stable Tc (Critical temperature) 705.5 °F Pc (Critical pressure) 3 208.24 psi Calculated results Density nom. 0.9982 SG Viscosity nom. 1.0016 cP Sound velocity nom. 4 867 ft/s Spec. Enthalpy 0 Vapor pressure nom. 0.3393 psi_a Reference values: Normal conditions (SI): Atmospheric pressure 14.696 psi_a C.Project No Fax: Review number: State Calculation standard Tm (Melting point) Tb (Boiling point) Pressure nom. Temperature nom 7 0 Liquid IAPWS 32.07 °F 212.1 °F 3.5 psi_g 68 °F Standard conditions (US): Atmospheric pressure 14.696 psi_a Print date: 10.02.2023 10:07 AM - 2 / 2 - Applicator®: 11.16.02 / 26.08.05 Under no circumstances is Endress+Hauser liable for errors, neither in the Software and in its documentation, nor for any errors and consequential damage which may arise out of their use. The results in Applicator apply to parameters entered by the user. A Endress + H a u s e r change in these parameters could lead to different results. Mandatory data can be found in the corresponding Operating Instruction People for Process Automation (BA) and Technical Information (TI). POLY -SWING FOOT VALVE COMPACT FLAPPER CLOSED BY SPRING ACTION L° o Pro Main Dimensions ANSI 150 lb Flange Pattern NOMINAL DIAMETER LENGHT WEIGHT V (Pulg.) D (in) L (in) LB 3" 14.56 13.77 21 4" 14.56 15.35 22 6" 18.50 18.50 41 8" 20A7 21.25 56 10" 24.80 25.19 1 88 12" 24.80 27.16 1 95 14" 25.19 32.67 115 7 An outstanding feature of the TERMOPRO PolyCheck Valve is the unique method of applying spring action to the closure of the flapper. In the 6-8-10-12" valves the closing mechanism utilizes a knuckle action with two springs acting at the joint of the knuckle. When the flapper is closed, although the spring action is at a minimum, mechanical advantage of the knuckle joint multiplies the spring pressure many times, holding the flapper against the seat with much greater force than if the springs were acting directly on the flapper itself. In the 3" and 4" valves we have developed a new knuckle joint that has a single spring that improves performance. [PRINCIPALES CARACTERISTICAS DE LA VQLVULA COMPACT. The check valve goes inside the strainer, this way the foot valve is shorter allowing it to work in shallow water. STURDY CONSTRUCTION. Reliable one piece corrosion proof High Density Polyethylene body and all working parts in stainless steel. Valves are conservatively rated at 150 psi. MINIMUM RESISTANCE TO THE FLOW. The inherent characteristics of a knuckle joint result in a minimum force being applied against the flapper when it is in the wide open position. When the flapper is open, even though springs are extended to their maximum, the actual force on the flapper is at minimum, assuring a minimum restriction to the flow. NO NOISY HAMMERING. Hammering is caused by the sudden stoppage of the reversal flow. To operate silently, without noisy hammering, a check valve must close quickly the moment the reversal flow starts, or when flow is zero. The TERMOPRO PolyCheck Valve, because of the spring tension on the flapper, actually closes an instant before the reverse flow commences, thus eliminating any hammering. VERY LOW OPENING PRESSURE. Flapper requires less than 5psi to open. OPERATES IN ANY POSITION. Regardless of the position in which it is installed — horizontal, vertical or angular- the TERMOPRO PolyCheck Valve operates normally and effectively. EASY TO INSPECT AND MAINTAIN. The TERMOPRO PolyCheck Valve can be readily removed for inspection. All internal working parts are easily accessible and replaceable without the use of special tools. Simplicity of design assures long, trouble -free service. The strainer has al least 8 times bigger filter area than th suction area making it ideal for dirty water. rnGOULDS uPUMPS An ITT Brand Wellons Power Group Client: Carolina Poultry Power Proposal No: WELLONS22-12-11 DC-F81 01 Item No: Cooling Water Pumps (Base Offer) Inquiry No: 12-6 EMAIL Attn: Ray Wallace MODEL: 3410 S SIZE: 4x6-11/5V QTY: 2 Operating Conditions SERVICE Cooling Water Pumps LIQUID Reservoir pond collection cooling water, Rated Temp. 70.0 deg F, SP.GR 1.000, Viscosity 1.000 cp, Rated/Max. suction pressure 0.0 / 0.0 psi g CAPACITY Rated 1,350.0 gpm HEAD 400.0 (ft) AMBIENT TEMP Min//Max Temp. 104.0/104.0 deg F Performance at 3570 RPM per HI 14.6 1 B basis power PUBLISHED EFFY 83.0% (CDs) RATED EFFY 82.5% with contract seal RATED POWER 166.1 hp (incl. Mech. seal drag 0.88). (Run out 193.3 hp) NPSHR 17.6 ft (available NPSH is 27.0 ft) DISCH PRESSURE (R) 175.0 psi g (200.0 psi g @ Shut off) based on 0.0 psi g rated suction pressure PERF. CURVE 3851-2 (Rotation CW viewed from coupling end) SHUT OFF HEAD 461.9 ft MIN. FLOW Continuous Stable: 561.8 gpm Hydraulic: 561.8 gpm Thermal: N/A Materials DON COPPOCK Sr. Application Engineer ITT GOULDS PUMPS Phone : 1-205-822-7786 Mobile: 1-205-612-1121 February 16, 2023 PRICES in USD Pump Unit Driver Subtotal 2 Units Boxing Testing Freight Total 2 Units CONSTRUCTION Bronze fitted CASING Cast iron (max.casing pressure @ rated temp. 250.0 psi g) CASING WEAR RING Bronze IMPELLER Bronze - Enclosed (10.0000 in rated, max=10.3750 in, min=8.6250 in) CASING GASKETS Non asbestos SHAFT MATERIAL 420SS SHAFT TYPE Straight bore SHAFT SLEEVE None LUBRICATION Regreasable bearings GLAND 316SS Flush vent and drain with carbon restricting bushing BEARINGS SKF 6207 (Inboard) / SKF 3306 A/C3 (Outboard) COUPLING Rexnord (Falk) - T10 1090T-S.F. 1.00 COUPLING GUARD Carbon steel Zl/ ITT Page 1 Proposal No: WELLONS22-12-1 1 DC-F81 01 Item No: Cooling Water Pumps (Base Offer) MODEL: 3410 S 4x6-11/5V BASEPLATE Cast iron D02698A Sealing Method MECHANICAL SEAL Goulds SealPlus SP1 CS (Carbon vs Silicon Carbide) - (Cartridge - Single) Flanges 250# flat face Frame Features Labyrinth oil seals - Inpro VBX Single extended shaft Assembly and Testing Casing - Standard hydro test Impeller balanced to ISO G6.3 Non witness performance test per Hydraulic Institute - (HI-PERF) Miscellaneous Additional 300 series stainless nameplate (specify stamping) #ENTER VALUE#_: Painting Goulds Blue standard painting Optional Features: Instrumentation Bearing Temperature Detection - B.B. with anti -friction bearings, duplex add 3,731 pair thrust bearings - QTY (3) RTD s-Non Hazardous All above optional adders are per unit in (USD) Noise Level Data Predicted sound pressures level pump only in Decibels (db) Re 0.0002 microbars measured 3ft horizontally and 5ft from the floor based on rated impeller diameter and rated conditions. Noise Level 31.5 63 125 250 500 1k 2k 4k 8k A Pump 1 0.01 42.71 55.01 63.71 69.11 69.31 72.71 68.31 59.01 76.6 Driver: Electric motor Manufacturer: Pump Mfg's Choice FURNISHED BY Pump Mfg MOUNTED BY Pump Mfg RATING 250.0 hp (186.4 KW) ENCLOSURE TEFC - Inverter Duty PHASE/FREQ/VOLTS 3/60 Hz/460 SPEED 3600 RPM INSULATION/SF F/1.15 FRAME 447TS Driver Features NEMA MG1 PART 31 Shaft grounding ring Suitable for Variable frequency drive (VFD) Boxing Export Freight Terms The quoted freight terms are pre -paid and add. The market price for freight will be added to the invoice. Freight carrier invoices are not available and will not be provided if requested. An ITT generated freight invoice can be provided upon request. i T T Page 2 Model: 3410 Size: 4x6-11 Group: S 60Hz RPM: 3570 Stages: 1 Job/Inq.No.: 12-6 EMAIL Purchaser: Wellons Power Group End User: Carolina Poultry Power Issued by: Don Coppock Item/Equip.No.: Cooling Water Pumps (Base Offer) Quotation No.: WELLONS22-12-11 DC-F81 01 Date : 02/16/2023 Service : Cooling Water Pumps Order No.: Certified By: Rev.: 0 Operating Conditions Pump Performance Liquid: q Reservoir pond collection Published Efficiency: cooling water 83.0 % Suction Specific Speed: 10,962 gpm(US) ft Temp.: 70.0 deg F Rated Pump Efficiency: 82.5 % Min. Hydraulic Flow: 561.8 gpm S.G./Visc.: 1.000/1.000 cp Rated Total Power: 166.1 hp Min. Thermal Flow: N/A Flow: 1,350.0 gpm Non -Overloading Power: 193.3 hp TDH: 400.0 ft Imp. Dia. First 1 Stg(s): 10.0000 in NPSHa: 27.0 ft NPSHr: 17.6 ft Solid size: Shut off Head: 461.9 ft % Susp. Solids Vapor Press: Max. Solids Size: 0.6300 in (by wtg): Notes: 1. Power and efficiency losses are not reflected on the curve below. 2. Curve shown is at ambient temperature conditions. ft 560 52C 480 440 40C 36C 32C 28C 24C 20C 16C 12( • • - - •- - • 11 ROM MWFEEFJMM ����.1:��..�/1►��i�.�-S■■■ Vona IRS ENEENEENEENNEENEEN■ MENEENEEMENEEMENEEN 0, 400 600 800 1000 1200 1400 1 Wu I tiuu gpm 49 0 160 150 200 250 300 350 460 m'/h m .180 -160 -140 -120 -100 - 80 -60 -40 ITT GOULDS Model 3410 S PUMPS OUTLINE DRAWING Size 4x6-11 ITT 3 Pvmr» Rnorilinntinn T 24.22 6.50 i Min. headroom required to remove upper half casing 12.38 10.50 13.26 ry rT 6.00 6.00 I I 1.8 J - - f - 10.50 10.50 24.00 SUCT.FLANGE SIZE 6" DRILLING ANSI250 # FACING FF FINISH SMOOTH DISCH.FLANGE SIZE 4" DRILLING ANS1250 # FACING FF FINISH SMOOTH PUMP ROTATION LOOKING AT PUMP FROM MOTOR CW TYPE OF LUBRICATION REGREASABLE BEARINGS COOLED NO TYPE OF STUFFING BOX STANDARD COOLED NO TYPE OF SEALING MECHANICAL SEAL Aifntnr .C»orifrntinvi MOTOR BY PUMP MFG MOUNT BY PUMPMFG MFG, PUMP MFG'SCHOICE OREQUAL FRAME 447TS POWER 250.0 hp RPM 3600 PHASE 3 FREQUENCY 60 HZ VOLTS 460 INSULATION F S.F. 1.15 ENCLOSURE TEFC- INVERTER DUTY d v,rilinvti� �'nanifrntint� COUPLING BY PUMP MFG CPLG TYPE REXNORD FALK TI01090T CPL GUARD BY PUMP MFG CPLG GUARD MATL CARBONSTEEL BASEPLATE CAST IRON D02698A MECH.SEAL GOULDS SEALPLUS SPICS CARBON VS SILICON CARBIDE Typical Anchor Bolt Installation p**3.50 Grout.Clearance 1_1.50max.0.75min.�RefertopumpIOM for typical grouting and anchoring details All dimensions are in inches. Drawing is not to scale Weights (lbs) are approximate =ORM # ED0188 N/A I Program Version 1.76.0.0 Weights and Measurements PUMP 410.0 lb MOTOR 2,260.0 lb BASEPLATE 490.0 lb TOTAL 3,160.0 lb GR.VOLUME w/BOX 101.7 ft 3 GR.WEIGHT w/BOX 3,669.0 lb Notes and Keterences - MTR DIMENSIONS ARE APPROXIMATE INSTALL FOUNDATION BOLTS IN PIPE SLEEVES ALLOW FROM 0.75 to 1.501n. FOR GROUTING. SEE INSTRUCTION BOOK FOR DETAILS '* Foundation bolt grip thickness FOR PUMP TAPPED OPENINGS REFER TO DWG.: TWELLONS22-12-11DC-F8101 /Cooling Water Pumps DRAWING IS FOR REFERENCE ONLY. NOT CERTIFIED FOR CONSTRUCTION UNLESS SIGNED. Customer: Wellons Power Group Serial No: Customer P.O. No: Item No: Cooling Water Pumps (Base Offer) Project No: RG2 Proj #B-14113 End User: Carolina Poultry Power CopVright 2023 Service: Cooling Water Pumps ITIF Corp DRAWING NO WELLONS22-12-11DC-F81 01/Cooling Water Pum Appendix E Engineering Calculations Carolina Poultry Power - Wilson March 2023 DESIGN PARAMETERS: Mass and Energy Balance PROJECT: Evaporation Cooling Pond System RG2 Wilson, North Carolina BY: Qualia Data Solutions ESIGN SUMMARY Variabl Unit Value JJW WLL-1000 Circulating Water: Flow In gpm 1,250 Ref/Comment WILL Circulating Water: Flow Out gpm 1,250 WLL-1002 Circulating Water: Flow In gpd 1,800,000 WLL-1003 Circulating Water: Flow Out gpd 1,800,000 215,827 WLL-1004 Net Inffluent from condenser gpd 0 WLL-1005 Influent from Source #2 gpd 0 0 WLL-1006 Influent from Source #3 gpd 0 WLL-1007 Influent from Stormwater gpd 0 WLL-1008 Net from rain into pond average gpd 1,316 WLL-1009 Precipation - Lake Evaporation in/yr 9.6 WLL-1010 Free Board ft 2 WLL-1011 Slope: linear-length/height ratio 2.5 WLL-1012 Total Net Influent Volume gpd 1,801,316 WLL-1013 Hydraulic retention time day 1.87 WLL-1014 Length of pond ft 400 WLL-1015 Width of pong ft 200 WLL-1016 Depth of pond ft 7 WLL-1017 ENERGY BALANCE WLL-1018 Temperature of flow in ° F 205 WLL-1019 Temperature of flow out ° F 80 WLL-1020 Temperature drop, delta T deltaT 125 WLL-1021 Cooling load Btu/day 1,876,500,000 78,187,500 WLL-1022 Evaporative cooling loss gpd 231,006 1,926,591 WLL-1023 Evaporative cooling loss gpm 160 231,006 WLL-1024 Latent heat of evaporation @ 205 F Btu/Ib 974 28308 N. D�r''•`-� DESIGN PARAMETERS: Mass and Energy Balance PROJECT: Evaporation Cooling Pond System RG2 Wilson, North Carolina BY: Qualia Data Solutions Variable Unit Value Ref/Comment Wellons WATER CHARACTERISTICS WLL-1100 Circulating Water: Flow In gpm 1,250 WLL-1101 Circulating Water: Flow In gpd 1,800,000 WLL-1102 Circulating Water: Flow In MGD 1.800 WLL-1103 Precipitation, net gpm 0.914 WLL-1104 I Precipitation, net gpd 1,316 WLL-1105 Source #3 effluent, >100 T gpm 0 WLL-1106 Source #3 effluent, >100 °F gpd 0 WLL-1107 Source #3 effluent, >100 T MGD 0.000 WLL-1108 Source #4 supply, 203 °F gpm 0 WLL-1109 Source #4 supply, 203 °F gpd 0 WLL-1110 Source #4 supply, 203 °F MGD 0.000 WLL-1111 Total Wellons Effluent gpm 1,251 WLL-1112 Total Wellons Effluent gpd 1,801,316 WLL-1113 Total Wellons Effluent MGD 1.801 WLL-1114 Total dissolved solids, TS mg/L 1,200 considered clean WLL-1115 Total suspended solids, TSS mg/L 20 WLL-1116 Biological Oxygen Demand, BODs mg/L < 5 WLL-1117 jTotal dissolved solids, TS mg/L 1,500 WLL-1118 Total suspended solids, TSS mg/L 300 WLL-1119 Biological Oxygen Demand, BODs mg/L < 5 WLL-1120 Total Kjadahl nitrogen, TKN mg/L < 5 WLL-1121 Total ammonical nitrogen, NH3-N mg/L <5 WLL-1122 Temperature of flow in ° F 205 WLL-1123 Temperature of flow out ° F 80 ,.�a CARS% E��� J� �E N. by DESIGN PARAMETERS: Source #2 Effluent Mass and Energy Balance PROJECT: Evaporation Cooling Pond System RG2 Wilson, North Carolina BY: Qualia Data Solutions Variable Unit Value Ref/Comment NESource #2 FOODS PROCESS FLOWS WLL-1200 Maximum flow rate gpm 0 WLL-1201 Operating Hours hr/wk 168 WLL-1202 Hours per day hr/day 24 WLL-1203 Total Source #2 Effluent, average flow gpm 0 WLL-1204 Total Source #2 Effluent gpd 0 WLL-1205 Total Solids, TS mg/L 2,000 WLL-1206 Total suspended solids mg/L 800 WLL-1207 Biological oxygen demand, BOD5 mg/L 20 WLL-1208 jTotal Kjadahl nitrogen mg/L 65 WLL-1209 Temperature of effluent ° F 75 WLL-1210 WLL-1211 Pumping Option 1: Daily flow in 8 hours 0 8 WLL-1212 Pumping Option 2: Daily flow in 6 hours , 0 6 WLL-1213 .�'� .... '-- Pumping Option 3: Daily flow in 4 hours E 'ssf'-. 0 4 . D : of �ti'•. L - ,c,�-� =4 SEAL `` - � U '1ZN.D`1 Z Rainfall, Snow, lake evaporation, 10-yr 1-hr DESIGN PARAMETERS: rain intensity PROJECT: Evaporation Cooling Pond System RG2 Wilson, North Carolina BY: Qualia Data Solutions Variable Unit Value Ref/Comment Wilson Projected Precipitation WLL-1300 January in 3.43 WLL-1301 February in 3.31 WLL-1302 March in 4.02 WLL-1303 April in 3.03 WLL-1304 May in 3.19 WLL-1305 June in 3.74 WLL-1306 July in 3.66 WLL-1307 August in 4.21 WLL-1308 September in 3.23 WLL-1309 October in 3.39 WLL-1310 November in 3.15 WLL-1311 December in 3.27 WLL-1312 Total precipation in 41.63 WLL-1313 Total average snow in 4.00 WLL-1314 Average annual lake evaporation in 36.00 WLL-1315 Rain + snow - Evaporation in 9.63 WLL-1316 10-year, 1-hr rainfall intensity in 2.60 design pond rain water WLL-1317 ITemperature of rainwater ° F 70 - 28308�'Z Cam'25 %I DESIGN PARAMETERS: Stormwater Mass and Energy Balance PROJECT: Evaporation Cooling Pond System RG2 Wilson, North Carolina BY: Qualia Data Solutions Variable jUnit Value Ref/Comment Storm water metrics WLL-1400 10-year, 1-hr rain intensity in 2.60 WLL-1401 Annual precipitation in 41.63 WLL-1402 Stormwater collection surface area sqft 0 WLL-1403 Pond Surface area sqft 80,000 WLL-1404 Average daily stormwater inflow gpd 0 WLL-1405 Average daily stormwater inflow gpm 0 WLL-1406 Total Solids, TS mg/L 2,500 WLL-1407 Total suspended solids mg/L 1,300 WLL-1408 Biological oxygen demand, BODS mg/L <5 WLL-1409 ITotal Kjadahl nitrogen mg/L <5 WLL-1410 ITemperature of stormwater ° F 70 `,,,Illlll IA `��4SEALCo �`�`~= - 28309 N. ,''�t111111111151\\\\`\ DESIGN PARAMETERS: Volume and Level Computations PROJECT: Evaporation Cooling Pond System RG2 Wilson, North Carolina BY: Qualia Data Solutions Wellons EVAPORATIVE VOLUME VERSUS DEPTH # Depth Elevation Length Width X, Linear Area slope Cum. Vol. Cum. Vol. ft ft ft ft sq.ft cu.ft gal WLL-1500 9.00 79.00 400.0 200.0 22.5 80,000 2.50 604,570 4,522,791 WLL-1501 8.50 78.50 397.5 197.5 21.31 78,506 2.50 564,945 4,226,350 WLL-1502 8.00 78.00 395.0 195.0 20.0 77,025 2.50 526,063 3,935,474 WLL-1503 7.50 77.50 392.5 192.5 18.8 75,556 2.50 487,918 3,650,114 WLL-1504 7.00 77.00 390.0 190.0 17.5 74,100 2.50 450,505 3,370,226 WLL-1505 6.50 76.50 387.5 187.5 16.3 72,656 2.50 413,816 3,095,761 WLL-1506 6.00 76.00 385.0 185.0 15.0 71,225 2.50 377,847 2,826,672 WLL-1507 5.50 75.50 382.5 182.5 13.8 69,806 2.50 342,590 2,562,915 WLL-1508 5.00 75.00 380.0 180.0 12.5 68,400 2.50 308,039 2,304,440 WLL-1509 4.50 74.50 377.5 177.5 11.3 67,006 2.50 274,188 2,051,203 WLL-1510 4.00 74.00 375.0 175.0 10.0 65,625 2.50 241,031 1,803,155 WLL-1511 3.50 73.50 372.5 172.5 8.8 64,256 2.50 208,562 1,560,250 WLL-1512 3.00 73.00 370.0 170.0 7.5 62,900 2.50 176,773 1,322,442 WLL-1513 2.50 72.50 367.5 167.5 6.3 61,556 2.50 145,660 1,089,684 WLL-1514 2.00 72.00 365.0 165.0 5.0 60,225 2.50 115,216 861,928 WLL-1515 1.50 71.50 362.5 162.5 3.8 58,906 2.50 85,434 639,129 WLL-1516 1.00 71.00 360.0 160.0 2.5 57,600 2.50 56,308 421,239 WLL-1517 0.50 70.50 357.5 157.5 1.3 56,306 2.50 27,832 208,211 WLL-1518 0.00 70.00 355.0 155.0 0.0 55,025 2.50 ,,,,,,,,, 0 0 CARO",, 4�SEALV, 28308�- `� Appendix F Drawings Package Carolina Poultry Power - Wilson March 2023 21-014 - Carolina Poulty Power Rg2, LLC - CHP Plont.dwg Thu, Jun 16, 2022-2123pm C42 -0 am CnN�-Uzmi0A��mon0<xcco *MMxmm�nFo`m�<-Um{«o � x"�iNN��xm��rvm-vM f0vQ 0 0Zo���oom�W��o�WWmvm ZO 2 2 Z U0 22 NZ A(nz x O 0 II II II II II II II II II II II II II II II II II II II II II II II m II II II II II II II II II II II II II II II II II II p II II II II p II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II II Illlllllllllllllllllnnz� ���<�� --I-I-I-INIINNNNNmNmN�N7mN�J,z7 vvvvvvN-000ZK7�KKKK C�Z�aS000�'n�7 ��T� �*7�*7mmmr^ �T7 R7oomon�nnr)nnnnc)mmmmmmmmmmmma D N (n N A O NCC-I G)CCmNmm0�0 D�7 DOO yr D 00 O�0000ON� OZ-i-iy-l=Z j000000.�-pl �fG*1 •C�riIoO-ID ZZ>Z=zGA�y�NNmA�Om�j xX_���1m�NXiCX<� 000AKZ mZZZ--I-IMpOOOm ZC(ail0(D")0 On fm*1 Z n A Z �Mmm FZZFgNMmx cmcn=l-i=d=��j O AMaz ON n S SOOxOOOm00 <.'IWK>m3?y>O Z T. =y00r2r�ro�OZ��m*< AmmO m0 ZZO _ZZ 2 N��CDm�CAAAD <A �xZmz]OO�o z a v�-nl�ry v ooa ovCi_�����zv ocm x 22mnn� r-i*r-i* x�i fi 6 1 � a C) QGG)OZ;ioOAO�nmN <om�znonnz zN�zn 0mmm O�mN{m�7,0zoo j00o7omo"0NA�c)m Xvoz O mm< -0 ZO M: c -nnnyc�c�c�c�-<oF�y� oyrrrm��000n�c�r'�o oz r 0 r0r A z m n00�m0�'fNNOOND �Nolm�Fopz mmGm�zmKr � �o��v�m �'D�moc�m�oanmx m oho �o r A�zzcn�oZ�yf�1DD�r0000 �o�oa �ommmz�r�cr0i�"czD noo nc�A IT1 m D Z m mCCn Cna D<z1 M- D A �`�'m�< Fa A n r DO �zGc)� ?fr*1 `L D 6 D x DA �< �ON'n AT. f*G1Z� zzzZ Z A �7Vo N nZ m A .'a ,'amm N mcrl �" zz z0� zmA of ��m A r o =amz�n mom mm m�0 p0m- �CDrC r0 m �A*7 aD Z Am�om�=� yyn Mx 3ODq y< K zp Mul m O (n Fi m 0OC OZAm� mZ O (nzm r A �-aF �A Nr z m (An zoafn �r F �1 6"7 fn AC O O DAf*I�m n�xA F>2 D>�n O rD m m{„ ZC (--�{ �rxr�3m D r�= o yLI)Z -°o n m m� o Z Z R1 r x Z r z A 8x Z C A z rrnm �Czp-`D0 �{av x $ol' rO ` N$ O'z 'X"z '0''`nZ�m o.�l Z 0M mm �2 OzL 1 O T�ml*I "' 0v v_ o >"� O m v O D z m fn m a rn o O C m ,Z7 z N x m n N U D �f7mAN z� OA Onm rr2 �_ m C rC < --{I D n-O D x -0 Z D m N O mA CQ n �C)O AM z mO m n Mn m D fn AT.z 0 �O 9 C0 n m z n zZ mmr\z 1A -r<n7 m r a m < 0 m z �m m zx n O D C) M V '0 < A m y� z z m L7 O p 1 z M O " m fn C m V A mM O m N Z m m W m M m 'a Z c CO m z m mmmmmmmmmmmmmmmmmmmmrnmmm mmmmmmmmmmmmmmmmmmmmmmmm NNNNN------•---�--3-----•(DOo V OUi.A W N1 r�wlv�omoo�Irncn AwNj0000000000 000000000000000-nmm-Il-IlMMM m **WTMMMWWWNNOOcn000000000 DD-1DD��-11-1'4 - --Icccccccc< —I—ImMx00mm0«��mzzzzzzzzm mmg,7;rsC/)Cl) c���cn00000000� x X�zzOOmm�� zz�>>>>>DDDW WW ,OOZZOO*D*G)G) XXXXXXXX_ CCnv �0000��DIz-DlTTzsosogogo ogopo oM Mm�X00K��zz °ttt-Otttto gogo���00zZ>m00�00000000 COCn—DDrr-U-Uz_U Cl)_- ZG) )G)G)G)G)G)G) zzDU)U)i)rnrn��0MC�OO =:= Q--j--Izzm�mO_n MMMMMMMM DDm DD Kcw�K ________ -55555555 < m Ct) Cn z m -U 00 DD n n n n n n n n -U K 0 ccccccccm m D mmCzmmmmmmrn z�DD m Xx mmmm-<-«-<-<-<-<-< 00 m -U-U DD �mzz �U) zxgogo ov 00 o - zz zz ON 00 z0�� C():U;U y00 Z r r � 'U "U X z z .D m Cn Cn c m D z 90 M x 0 rn 0 z 0 0 z —i X 0 r v Z 0 Cn 0= m M� Cn O N m .� m Z X 5I O o 0 z mD f O �Z D ZNOv n Zoo z Mp A O 4M 0No gym, �m r MO o Nc0 z o W� mm X 0 Z> cm mM mm A A 00 c N m_U G) n m N N x -i 0 r 0 0 90 C) Z7 z zZz-I��-O=-Ij=TmmmN-I 0000000XX.X XXL<XXOO DDDOOOOOWWWzD OOOOrrrv-o-ovm���zr M3 000000000 D 00>>07000000000�A (�n��O�OZZZZZ�NNULO)� C➢)(➢')OOOO������r�Tim m'''10 G> 'O �J nnOON-O�MCC_7Off 0m 0mmmN�-mm<r-r- O<.�U)cn mIMT.Z7.xMU(D D ZGZ) --j «rzz(n O 0OIJmD M U) V)'m�Im DA 7: Df*I � A A' < O D D - --I • Oo O: CZ-0; �--1 c. 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O 0 Z 0 m o C (A OD 0 O 1> D z 4 D � n C D a M 0 m x m v a ni > i0 O O Z x �" fm < 0D 1 Q Z C/) C/) x -0 0< Tm N H o A o x D z u [.., p c rlc� C7 m X Z Zmo x v cl m<Z W n G)0 ooz � D C() o 0 x og Z �D� 0Zz X v 0 O rD �Z 0M ��Cn m XZm C) u D 0 0 D D (O Nor > z r-nM o 0 o r C) Cl) m o M r m o Z8 D x y �C, 0D m x o n Z i $ r X m z 0 x O N x �U) u zo 0 m r r If m 0 m O M z 0 C7 LO d LO in LL 06 0 C� d Lo LO m LL J J w E m LO m N N 0 N C6 co 2 LL i8'52" W O'(TOT.) DDED V TRACT 1 / M �J II JN�QI O� a zi co op / W - to Lij 4U� � ice=�C co- COj � / c �_�ir O <u o co C 0a cy o� co CO 0 �' ¢�`` J J a w MATCH LINE "A" Q v Q SEE SHEET 2 OF 2 DSO 21.65' N4 l �819' sM.34' 15, �'a" IW WOODED _ o11 ' y S 67°58 04„ .. \ 80/ �S 43°49'03" W 72.92' ---- CITY OF WILSON PB 40, PGs 242 & 243 TRACT 1 N 52°47'54" E 1,175.00'(TOT.) 1,110.16' PORTION OF TRACT 1 AREA = 10.840 ACRES EPKN C/L f� C/L PK NAIL LOCATED AT THE CENTERLINE J I INTERSECTION OF THE NORFOLK-SOUTHERN RAILROAD TRACKS AND THE CITY OF WILSON 30' RIGHT-OF-WAY EASEMENT clil I 15.00' - 20.00' SIP S 56°31'09" W 78.38' \ S 82°47'38" W 77.39' �86° LEGEND ` N 66°25'52" W `9S��78, R/W = RIGHT-OF-WAY \ 34.69' 0 EIP = EXISTING IRON PIPE N 65°28'54" W r` EPKN =EXISTING PK NAIL ��e49.45' �67 v SIP = SET IRON PIPE �';S �, m C/L =CENTERLINE \ 2"lye . OpOS</ LU N CLF =CHAIN LINK FENCE \� 789 \ tiF (p 50, RitrFRRip � FR R p q o EX=EXISTING )-,TIMOTHY EARL RHODES �9,RR "ccTCpo/l/vau" CONC =CONCRETEDB 2698, PG 75 \\` S86° o/Tc eAs/RB 2g ��eq�k FR M w Rco H RADIUS / \ PARCEL 5 ��38 y pFFF'R 14 �FUSF iyF w Q cA L = LENGTH 7 SO-`SF/� a } SF = SQUARE FEET / 3S�A,, e1cySR,��A a p MW = MONITORING WELL \ \/ Ap SPKN = SET PK NAIL 2oppT�6�/F / \ Al,�-USFR/ � 'wppO�2�2q tic�� FR / sp,FR�FRR/p REVIEW OFFICER STATE OF NORTH CAROLINA COUNTY OF WILSON REVIEW OFFICER OF WILSON COUNTY, CERTIFY THAT THE MAP OR PLAT TO WHICH THIS CERTIFICATION IS AFFIXED MEETS ALL STATUTORY REQUIREMENTS FOR RECORDING. DATE REVIEW OFFICER LINE TABLE COURSE BEARING DISTANCE L1 S 81°28'48" W 74.37' L2 N 23°51'34" W 107.52' L3 N 26'33'34" W 42.48' L4 N 34'48'57" W 40.28' L5 N 41°27'55" W 38.38' L6 N 44°48'20" W 44.94' L7 N 52*48'12" W 15.71' L8 N 64°57'53" W 39.34' L9 N 81'30'08" W 38.16' L10 S 75°52'29" W 39.09' L11 S 66°24'56" W 35.57' L12 S 67°08'53" W 36.20' L13 S 77*45'12" W 28.88' L14 N 78*25'17" W 45.78' CERTIFICATION I, JOHN G. GETSINGER, JR., CERTIFY THAT THIS PLAT WAS DRAWN UNDER MY SUPERVISION FROM AN ACTUAL SURVEY MADE UNDER MY SUPERVISION (MAP RECORDED IN PLAT BOOK 40, PAGE(S) 242 & 243; THAT THE BOUNDARIES NOT SURVEYED ARE CLEARLY INDICATED AS DRAWN FROM INFORMATION FOUND IN BOOK PAGE ; THAT THE RATIO OF PRECISION AS CALCULATED IS 1:10,000+; THAT THIS PLAT WAS PREPARED IN ACCORDANCE WITH G.S. 47-30 AS AMENDED. WITNESS MY ORIGINAL SIGNATURE, LICENSE NUMBER AND SEAL THIS 21st DAY OF NOVEMBER , A.D., 2021 I JOHN G. GETSINGER, JR., PLS L-4508 R/trFR q A(c �2'Op o �q%& eqUp S/ o2e gqN FFR \ � Sup FFR1.4 N � SF \ \ S'(9 O�WOO IFAA ys�OF�'OgR s242Tyc ��� FR y \I 3� SIP TIMOTHY EARL RHODES DB 2698, PG 75 \ PARCEL 1 BEARINGS & DISTANCES ALONG PROPOSED 20' ACCESS & UTILITY EASEMENT "B" \ I N 80°32'49" E- 112.99'(TIE) LINE TABLE COURSE BEARING DISTANCE L15 N 35*49'05" W 12.88' L16 N 34*25'41" W 49.38' L17 N 30'24'01" W 46.91' L18 N 22*2VO1" W 51.39' L19 N 11*51'21" W 49.63' L20 N 01*37'17" W 47.58' L21 N 04°16'09" E 24.70' L22 N 13°15'23" E 12.12' L23 N 22°48'02" E 14.53' L24 N 22°48'02" E 11.41' L25 N 26°01'17" E 7.85' L26 N 75°18'39" E 26.38' L27 S 26°01'17" W 24.49' L28 S 22°48'02" W 23.70' LINE TABLE COURSE BEARING DISTANCE L29 S 13° 15'23" W 8.88' L30 S 04' 16'09" W 22.10' L31 S 01 °37' 17" E 44.76' L32 S 11*51'21" E 46.00' L33 S 22°21'01" E 48.14' L34 S 30°24'01 " E 44.79' L35 S 34°25'41 " E 48.43' L36 S 35°49'05" E 4.84' L37 S 78*25'17" E 33.76' L38 N 77*45'12" E 22.80' L39 N 67°08'53" E 34.21' L40 N 66°24'56" E 37.09' L41 N 75°52'29" E 44.74' L42 S 81°30'08" E 45.06' LINE TABLE COURSE BEARING DISTANCE L43 S 64°57'53" E 44.38' L44 S 52*48'12" E 19.24' L45 S 44°48'20" E 46.92' L46 S 41°27'55" E 40.12' L47 S 34°48'57" E 42.88' L48 S 26°33'34" E 44.40' L49 S 23°51'34" E 92.74' L50 j N 81-28'48" E 1 55.42' NOTES 1. THE SURVEYED PORTION OF THIS PROPERTY IS NOT LOCATED IN A SPECIAL FLOOD HAZARD AREA AS DETERMINED BY THE FEDERAL EMERGENCY MANAGEMENT AGENCY. REFERENCE WILSON COUNTY to A FIRM(S) 3720372000K & 3720373000K, BOTH DATED APRIL 16, 2013. 0%%11s'111,,,, C �i 4'°�i ��' 2. REFERENCE: PLAT BOOK 40, PAGE(S) 242 & 243 OF THE WILSON COUNTY REGISTER OF DEEDS. L3. ALL AREAS CALCULATED BY COORDINATE GEOMETRY. � I_ 4. THIS IS A SURVEY OF ANOTHER CATEGORY, SUCH AS THE I�LJ1` RL4�E�R fiICiN, RECOMBINATION OF EXISTING PARCELS, A COURT -ORDERED SURVEY, CV4NCES,S�iES OR OTHER EXEMPTION OR EXCEPTION TO THE DEFINITION OF SUBDIVISION. zi i/z 5. THERE ARE IMPROVEMENTS LOCATED ON THIS PROPERTY. HOWEVER, THEIR LOCATION AND TYPE ARE NOT SHOWN ON THIS SURVEY IF THEY WERE LOCATED OUTSIDE OF THE 10.840 ACRES BOUNDARY. I I 0 Q O I J I Q 1..1� w o I0 I c/) J O I LL I O z IY W U Y Q in aG 9PN� \� T SITE VICINITY MAP ALLIANCE ONE NORTH AMERICA, LLC DB 2779, PG 539 I WOODSLINE EIP q pRpp 7t 0')WOODSLINE FgSSSdSF�B % .M cfl /2ppOS 80o Z EIP WOODED Lln,_ 34�24, 7 TIMOTHY EARL RHODES DB 2698, PG 75 PARCEL 4 100, 50, 0 GRAPHIC SCALE: 1" = 100' -TRACT 4 PB 40, PGs 242 & 243 WOODED O EIP /y� v -EIP S 07°58'30" E'co 60.02' 7 Q- OkC, AZ 14� <u 2 AIT K CO 100, �5�� 200' 300' SHEET 1 OF 2 A PORTION OF PARCEL #3720861702.000 SURVEY FOR STOCKPORT LIMITED PARTNERSHIP REFERENCE: BEING A PORTION OF TRACT 1 AS DESCRIBED IN PLAT BOOK 40, PAGE(s) 242 & 243 OF THE WILSON COUNTY REGISTER OF DEEDS CITY OF WILSON, WILSON COUNTY, NORTH CAROLINA OWNER: CITY OF WILSON ADDRESS: P.O. BOX 10 WILSON, NC 27894-0010 PHONE: 252-399-2302 Baldwin DesignLG 349H SURVEYED: CBM APPROVED: JGG CLOSURE CHECK BOUNDARY Consultants, PA DRAWN: JGG DATE: 11/21/2021 ENGINEERING - SURVEYING - PLANNING CHECKED: JGG DATE: 11/21/2021 1700-D EAST ARLINGTON BOULEVARD CHECKED: JGG SCALE: 1" = 100' GREENVILLE, NC 27858 252.756.1390 0 c7 L0 in LL 06 0 c� a Ln m LL J J w E v N N O N CO LL lV V,4 ��330' POND MAINTENANCE m� m� EASEMENT CITY OF WILSON o/0 108,437 S.F. PB 40, PGs 242 & 243 = moo. kz TRACT 1 m ° / / N 15°59'50" W / 20.01' N 74°03'38" E 20.68' S 80°29'26" E 17.62'(CH) / U, R=31.26' / O 441 16 CO S 74°13'1!� \ 2 L\ 7.86 980' �N 7 ° co / ,F \� POND qN\ 4.08, N �o Cott ^M. S 74°03'21" W \ °0 :gip h PUMP INTAKE 14.33' EASEMENT 2 N) Q- 31,415 S.F. c ? 9�, 4 � 4 CITY OF WILSON PB 40, PGs 242 & 243 U/ TRACT 1 o� Q U � MMM4� 4U �A NG cp N 73°43'03" E 20.00' o� 4O \, e- <C Q° 9 v 6morn 407 Q v T �N 73°51'21" E� CO CITY OF WILSON 29,1C PB 40, PGs 242 & 243 TRACT 1 CLARIFIER #5 Q � . O o� � ��, oM Uz S 735121W X. qs� QQ�u^ , �° 29.16' pNq<t 83g„� gCcFs3 pRo� 1g, 446 Sp- FgSFiI �SFO �? s 8 NT „ / 3 F s gcgFp IV )43 (SFFo66gs F " -0) FqS� , 0, C) _ �� F T/ y �4909SACO - 4 L24 L25 -p6� s�02 WOODED L23 �S216 ` �pP° O�\0 N� L22 ��,`L� NHS° L21 �o / �? S �193911C ss0 2gs L29 �s° 8' 4 3 'SiT X Fk T , 866� S 15°15'33 E 01�' / v^ L30 , 39"lN \XCCC 167.60'(TO- Q�OPOP GSG° CITY OOPGS 242 &243 SON c, wOOos X / ��N� SEM �66sF TRACT 1 gOOFs Op°S WOODED �INF \ X ��°oos EP S��O�� P�CO � FgSF T/4/ WOODED l M NEUSE �490 FNT F CITY OF WILSON PB 40, PGs 242 & 243 TRACT 1 ARopos Fqs cTF� qIS, Fi1,jFi�FSS 8 >66 c„ S. F N) s°1,9, N2a°10 31� ,29 1(9, F ?6624 SZ ps�0 ss DETAIL OF S 74°44'27" W v 'OP NG "C;, BEARINGS & DISTANCES ALONG 20.66' �Ps�al66s PROPOSED 15' ACCESS EASEMENT "C" SCALE: 1" = 100' O J �Ol PGG� P� EX. ASPHALT DRIVE S 26°01'17" W 7.85' 2°48'02" W 41' CITY OF WILSON PB 40, PGs 242 & 243 TRACT 1 rvl X I SO VER FROM TOP uFB R SF RIPARIAN BNEUSE IUF ERl� J I M ANK 50' FROM TOP OF BANK J �l EX. DITCH I WOODED WOODED (0 L6EX.DITCH CITY OF WILSON J M PB 40, PGs 242 & 243 TRACT 1 8 3 �39 L40 p 13 L12 �<41-EX. GRAVEL DRIVE = 0 a x >�` C� �P NEUSE RIV c' 50'RIRPOqR ToPo B � rn x LO K '0 J o � o WOODED -j I A J m co — J — I I J v JN 1— m LL Wi�f'o� 0 D Lli J�o�Ljj �� Jaww U U QAll ^M'�Mo) NEUSE RIVER RIPARIAN BUFFER 50' FROM TOP OF BANK N o 4 ^� wiz 09���ij �co QU co 1,6 0sl, MATCH LINE "A" N 18°58'52" W t �21.65' SEE SHEET 1 OF 2 110.00'(TOT.) 8.19' N WOODED � sl 20.3434' NgisiiA �R�O/����j� 9011(ORLRIEGZR� fiIGN, C410 NCES, S�aES \ l oFwq tFR,NG e T \ N 73°35'30" E 20.00' 14lm A \ N 16°10'55" W o 20.00, N ,>3 3S3 N / S�3° 0 1>2) CID l 3s30 q CCFS Q 20" Q Q l �4 SFMFN 2z / 909 S•FT Q 0RiF / �Z �. �j �� Q-dcorn� 0 -C) 47 �. CITY OF WILSON PB 40, PGs 242 & 243 `OM TRACT 1 M 4U o� M N �0 N 2 �0 / CO CITY OF WILSON PB 40, PGs 242 & 243 TRACT 1 SHEET 2 OF 2 X /4, U� C X ��(u EIP = EXISTING IRON PIPE EPKN = EXISTING PK NAIL SIP = SET IRON PIPE C/L = CENTERLINE CLF = CHAIN LINK FENCE EX = EXISTING CONC = CONCRETE CH = CHORD R = RADIUS L = LENGTH SF = SQUARE FEET MW = MONITORING WELL SPKN = SET PK NAIL 100, 50, 0 100, 200' 300' GRAPHIC SCALE: 1" = 100' A PORTION OF PARCEL #3720861702.000 1 inu����� mm RUM am OfE 0 ■ Raw EXVERHEAD m R[W O p00� g\Nv co �� IT _ c> 0 D A G)m -0 � = w. IT R� U) �\ m D fTl A s? m O w rq� F�TyF m ID Rl�oggq�yo? z� R wNse �60/^R�� /7c,yOgO ■ D C� C� O O G' G M cn r N O A N m N � r Qo r N U) N C/) A A O WO W Z wmw co 10 ==o m oo02 ;o mz 03= O— z m O O O� = Or U4 �D mm M;o T T O 0 30 n, =o �z �0 z IN- / 3' WIDE / TRENCH 5' \ 2' h O I � m m \ m 3r mm r / m z In I 104 I � \ _ 01 i � N Riw OVERHEAD UTILITIES // p ii r� // /� /� // —9 /� EX. 20' SEWER EASEMENT ......iiiii.....Im.....iiiii......iiiii......iiiii.....iiiiii.....iiiii......iiiii.....iiiiii.....iiiiii.....iiiii......mill... ...iiiii......iiiii.....iiiiii.....iiiiii.....iiiii......iiiii.....iiiiii.....iiiii.....lilliff (DB 1812, PG 4 72) NORFOLK-SOUTHERN RAILROAD R[" i (100' R/W) �o 0° Z m w mm m z = r m vm �I a 0 ■ mm Elm C -0 0 A N go r A w0 z C m 0 Wpoos(iyF z ACCEg�& SED20' _ UTILITY I EASEMENT°g" 18,750 S. 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