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HomeMy WebLinkAbout20160393 Ver 4_RECORDED EASEMENT - Bandit Farms and UP2S - DB 6835 PG 1679_20240109ID#* 20160393 Version* 4 Select Reviewer: Katie Merritt Initial Review Completed Date 01/10/2024 Mitigation Project Submittal - 1/9/2024 Is this a Prospectus, Technical Proposal or a New Site?* Yes No Type of Mitigation Project:* Stream Wetlands Buffer Nutrient Offset (Select all that apply) Project Contact Information Contact Name: * Email Address: Daniel Ramsay dramsay@restorecology.com Project Information ID#: * 20160393 Version: * 4 Existing ID# Existing Version Project Type: DMS Mitigation Bank Project Name: Bandit Farms Buffer Mitigation and Nutrient Offset Bank County: Orange Document Information Mitigation Document Type:* Mitigation Conservation Easement File Upload: RECORDED EASEMENT - Bandit Farms and UP2S 774.1 KB - DB 6835 PG 1679.pdf Please upload only one PDF of the complete file that needs to be submitted... Signature Print Name:* Daniel Ramsay Signature: * 0r?-V.-W'�P4W'k?f 9' � 13 �' �� � � �� �� � ��� � �� a �� ��� Doc No 30097353 Recorded: 12/28/2023 02:46:23 PM Fee Amt: $26.00 Page 1 of 15 Excise Tax: $200.00 �� Orange County North Carolina Mark Chilton, Register of Deeds 131( 6835 PG 1679 - 1693 (15) Excise Tax: $ 2 � O . o D Prepared By: Arrowhead Law, PLLC (JS), PO Box 6449, Raleigh, NC 27628 Return After Recording to: Unique Places to Save PO Box 1183 Chapel Hill, NC 27514 Parcel Identification Reference: PIN 9850698697 y,.QQ , Brief Description for the Index: 17.52 acre Conservation Easement (P/O of Parce19850698697) PERMANENT CONSERVATION EASEMENT THIS CONSERVATION EASEMENT ("Conservation Easement") is made this �/ day of �� tcM 6 u , 2023, by and between Bandit Farms II, LLC, a North Carolina limited liability company, with the address of 203 Union Grove Church Road, Chapel Hill, NC 27516 ("Grantor") and Unique Places to Save, a North Carolina non-profit corporation, with the address of PO Box 1183, Chapel Hill, NC 27514 ("Grantee"). The designation Grantor and Grantee as used herein shall include said parties, their heirs, successors and assigns, and shall include singular, plural, masculine, feminine or neuter as required by context. RECITALS WHEREAS, Grantor owns in fee simple certain real property situated, lying and being in Orange County, North Carolina, more particularly described in Exhibit A attached hereto and incorporated herein (the "Pro a "); WHEREAS, Grantee is a charitable, not -for -profit or educational corporation, association, or trust qualified under § 501 (c)(3) and § 170 (h) of the Internal Revenue Code, and N.C. Gen. Stat. § 121-34 et seq., the purposes or powers of which include one or more of the purposes (a) — (d) listed below; Book 6835 BK 6835 PG 1680 DOC# 30097353 (a) retaining or protecting natural, scenic, or open -space aspects of real property; (b) ensuring the availability of real property for recreational, educational, or open - space use; (c) protecting natural resources; (d) maintaining or enhancing air or water quality; WHEREAS, Grantor and Grantee recognize the conservation, scenic, natural, or aesthetic value of the Conservation Easement Area, being a portion of the Property, in its natural state, which includes the following natural communities: wetlands, streams, and riparian buffers. The purpose of this Conservation Easement is to maintain streams, wetlands, and/or riparian resources and other natural values of approximately 17.52 acres, more or less, and being more particularly described in Exhibit B attached hereto and incorporated fully herein by reference (the "Conservation Easement Area"), and prevent the use or development of the Conservation Easement Area for any purpose or in any manner that would conflict with the maintenance of its natural condition; WHEREAS, the restoration, enhancement and preservation of the Conservation Easement Area is also a condition of the approval of the Bandit Farms Riparian Buffer and Nutrient Offset Mitigation Banking Instrument ("MBI") and the Bank Parcel Development Package ("BPDP") for the Bandit Farms Buffer Mitigation and Nutrient Offset Bank Parcel ("Parcel"), North Carolina Department of Environmental Quality, Division of Water Resources ("NCDWR") Project ID# 20160393 which has been approved by NCDWR, and the MBI has been made and entered into by and between RestorEcology Jordan, LLC, acting as the Bank Sponsor ("Bank Sponsor"), and NCDWR. The Site is intended to be used to compensate for riparian buffer or nutrient impacts to waters in the Cape Fear River Basin; and WHEREAS, Grantor and Grantee agree that third -party rights of enforcement shall be held by Bank Sponsor, from the date of this Conservation Easement until the Parcel is closed out in accordance with the MBI and BPDP, and NCDWR, including their successors and assigns, (collectively, the "Third -Parties", and individually as the context may require, a "Third-Partv"), and may be exercised through the appropriate enforcement agency of the State of North Carolina, and that these rights are in addition to, and do not limit, the Grantee's rights of enforcement or any rights of enforcement under the NCDWR Project ID# 20160393, the MBI, or any permit or certification issued by the Third -Parties. NOW, THEREFORE, for and in consideration of the covenants and representations contained herein and for other good and valuable consideration, the receipt and legal sufficiency of which is hereby acknowledged, Grantor hereby unconditionally and irrevocably grants and conveys unto Grantee, its heirs, successors and assigns, forever and in perpetuity a Conservation Easement of the nature and character and to the extent hereinafter set forth, over the Conservation Easement Area described on Exhibit B, together with the right to preserve and protect the conservation values thereof, as follows: ARTICLE I. 2 Book 6835 BK 6835 PG 1681 DOC# 30097353 DURATION OF EASEMENT This Conservation Easement shall be perpetual. This Conservation Easement is an easement in gross, runs with the land and is enforceable by Grantee against Grantor, Grantor's personal representatives, heirs, successors and assigns, lessees, agents and licensees. ARTICLE II. PROHIBITED AND RESTRICTED ACTIVITIES Any activity on, or use of, the Conservation Easement Area inconsistent with the purpose of this Conservation Easement is prohibited. The Conservation Easement Area shall be preserved in its natural condition and restricted from any development that would impair or interfere with the conservation values of the Conservation Easement Area. Without limiting the generality of the foregoing, the following activities and uses are expressly prohibited, restricted or reserved as indicated hereunder: A. Disturbance of Natural Features. Any change disturbance, alteration or impairment of the natural features of the Conservation Easement Area or any introduction ofnon-native plants and/or animal species is prohibited. B. Construction. There shall be no constructing or placing of any building, mobile home, asphalt or concrete pavement, billboard or other advertising display, antenna, utility pole, tower, conduit, line, pier, landing, dock or any other temporary or permanent structure or facility on or above the Conservation Easement Area. C. Industrial, Commercial and Residential Use. Industrial, residential and/or commercial activities, including any rights of passage for such purposes are prohibited. D. Agricultural, Grazing and Horticultural Use. Agricultural, grazing, animal husbandry, and horticultural use of the Conservation Easement Area are prohibited. E. Ve eg tation. There shall be no removal, burning, destruction, harming, cutting or mowing of trees, shrubs, or other vegetation in the Conservation Easement Area except as provided in the BPDP. Mowing of invasive and herbaceous vegetation for purposes of enhancing planted or volunteer trees and shrubs approved in the BPDP is allowable once a year for no more than five consecutive years from the date on page 1 of this Conservation Easement, except where mowing will negatively impact vegetation or disturb soils. Mowing activities shall only be performed by the Bank Sponsor and shall not violate any part of Item M of Article II. F. Roads and Trails. There shall be no construction of roads, trails or walkways on the Conservation Easement Area; nor enlargement or modification to existing roads, trails or walkways. G. SiQnag_e. No signs shall be permitted on or over the Conservation Easement Area, except the posting of no trespassing signs, signs identifying the conservation values of the 3 Book 6835 BK 6835 PG 1682 DOC# 30097353 Conservation Easement Area, signs giving directions or proscribing rules and regulations for the use of the Conservation Easement Area and/or signs identifying the Grantor as owner of the Conservation Easement Area. H. Dumping or Storage. Dumping or storage of soil, trash, ashes, garbage, waste, abandoned vehicles, appliances, machinery or hazardous substances, or toxic or hazardous waste, or any placement of underground or aboveground storage tanks or other materials on the Conservation Easement Area is prohibited. I. Excavation, Dredging or Mineral Use. There shall be no grading, filling, excavation, dredging, mining or drilling; no removal of topsoil, sand, gravel, rock, peat, minerals or other materials, and no change in the topography of the land in any manner on the Conservation Easement Area, except to restore natural topography or drainage patterns. J. Water ualit.X and Drainage Pattern. There shall be no diking, draining, dredging, channeling, filling, leveling, pumping, impounding or related activities, or altering or tampering with water control structures or devices, or disruption or alteration of the restored, enhanced, or created drainage patterns. In addition, diverting or causing or permitting the diversion of surface or underground water into, within or out of the easement area by any means, removal of wetlands, polluting or discharging into waters, springs, seeps, or wetlands, or use of pesticide or biocides is prohibited. K. Development Rights. No development rights that have been encumbered or extinguished by this Conservation Easement shall be transferred pursuant to a transferable development rights scheme or cluster development arrangement or otherwise. L. Subdivision. Grantor and Grantee agree that the Conservation Easement Area currently consists of five (5) distinct areas and portions of the Property. The Grantor may not further subdivide the Conservation Easement Area, or any portion thereof, except with the prior written consent of the Grantee. If Grantor elects to further subdivide any portion of the Conservation Easement Area, upon approval of Grantee, Grantor must provide Grantee the name, address, and telephone number of new owners) of all property within the Conservation Easement Area, if different from Grantor. No subdivision of the Conservation Easement Area shall limit the right of ingress and egress over and across the Property or the Conservation Easement Area for the purposes set forth herein. Further, in the event of any subdivision of the Property (whether inside or outside of the Conservation Easement Area) provision shall be made to preserve not only Grantee's perpetual rights of access to the Conservation Easement Area, as defined herein, but also Grantee's right of perpetual access to any conservation easements on properties adjacent to the Property which form a part of or are included in the MBI and/or the BPDP. Creation of a condominium or any de facto division of the Conservation Easement Area is prohibited. Lot line adjustments or lot consolidation without the prior written consent of Grantee is prohibited. Grantor may convey undivided interests in the real property underlying the Conservation Easement Area. Grantor shall notify Grantee immediately of the name, address, and telephone number of any grantee of an undivided interest in any property within the Conservation Easement Area. L! Book 6835 BK 6835 PG 1683 DOC# 30097353 M. Vehicles. The operation of mechanized vehicles, including, but not limited to, motorcycles, dirt bikes, all -terrain vehicles, cars and trucks is prohibited other than for temporary or occasional access by Bank Sponsor or Grantee, and their employees and agents, successors, assigns, and NCDWR for purposes of constructing, maintaining and monitoring the restoration, enhancement and preservation of streams, wetlands and riparian areas within the Conservation Easement Area. N. Other Prohibitions. Any other use of, or activity on, the Conservation Easement Area which is or may become inconsistent with the purposes of this grant, the preservation of the Conservation Easement Area substantially in its natural condition, or the protection of its environmental systems, is prohibited. ARTICLE III. GRANTOR'S RESERVED RIGHTS The Grantor expressly reserves for himself, his personal representatives, heirs, successors or assigns, the right to continue the use of the Conservation Easement Area for all purposes not inconsistent with this Conservation Easement, including, but not limited to, the right to quiet enjoyment of the Conservation Easement Area, the rights of ingress and egress, the right to hunt, fish, and hike on the Conservation Easement Area, the right to sell, transfer, gift or otherwise convey the Conservation Easement Area, in whole or in part, provided such sale, transfer or gift conveyance is subject to the terms of, and shall specifically reference, this Conservation Easement. Notwithstanding the foregoing Restrictions, Grantor reserves for Grantor, its successors and assigns, including the Bank Sponsor, the right to construct and perform activities related to the restoration, enhancement, and preservation of riparian areas within the Conservation Easement Area in accordance with the approved BPDP and the MBI described in the Recitals of this Conservation Easement. ARTICLE N. GRANTEE' S RIGHTS The Grantee or its authorized representatives, successors and assigns and the Third -Parties shall have the right to enter the Property and Conservation Easement Area at all reasonable times for the purpose of inspecting the Conservation Easement Area to determine if the Grantor, or his personal representatives, heirs, successors, or assigns, is complying with the terms, conditions, restrictions, and purposes of this Conservation Easement. The Grantee and the Third -Parties, and their authorized representatives, successors and assigns shall also have the right to enter and go upon the Conservation Easement Area for purposes of making scientific or educational observations and studies, and taking samples. The easement rights granted herein do not include public access rights. ARTICLE V. ENFORCEMENT AND REMEDIES G� Book 6835 BK 6835 PG 1684 DOC# 30097353 A. To accomplish the purposes of this Easement, Grantee and the Third -Parties are allowed to prevent any activity on or use of the Conservation Easement Area that is inconsistent with the purposes of this Conservation Easement and to require the restoration of such areas or features of the Conservation Easement Area that may be damaged by such activity or use. Upon any breach of the terms of this Conservation Easement by Grantor that comes to the attention of the Grantee or aThird-Party, such party shall notify the Grantor in writing of such breach. The Grantor shall have 30 days a8er receipt of such notice to correct the conditions constituting such breach. If the breach remains uncured after 30 days, the Grantee or any Third -Party may enforce this Conservation Easement by appropriate legal proceedings including damages, injunctive and other relief. Notwithstanding the foregoing, the Grantee and the Third -Parties reserve the immediate right, without notice, to obtain a temporary restraining order, injunctive or other appropriate relief if the breach of the terms of this Conservation Easement is or would irreversibly or otherwise materially impair the benefits to be derived from this Conservation Easement. The Grantor and Grantee acknowledge that under such circumstances damage to the Grantee or the Third -Parties would be irreparable and remedies at law will be inadequate. The rights and remedies of the Grantee and the Third -Parties provided hereunder shall be in addition to, and not in lieu of, all other rights and remedies available to them in connection with this Conservation Easement. The costs of a breach, correction or restoration, including the Grantee's or the Third -Parties' expenses, court costs, and attorneys' fees, shall be paid by Grantor, provided Grantor is determined to be responsible for the breach. The Third -Parties shall have the same rights and privileges as the said Grantee to enforce the terms and conditions of this Conservation Easement. B. No failure on the part of the Grantee or the Third -Parties to enforce any covenant or provision hereof shall discharge or invalidate such covenant or any other covenant, condition, or provision hereof or affect the right of Grantee and the Third -Parties to enforce the same in the event of a subsequent breach or default. C. Nothing contained in this Conservation Easement shall be construed to entitle Grantee or the Third -Parties to bring any action against Grantor for any injury or change in the Conservation Easement Area resulting from causes beyond the Grantor's control, including, without limitation, fire, flood, storm, war, acts of God or third parties, except Grantor's lessees or invitees; or from any prudent action taken in good faith by Grantor under emergency conditions to prevent, abate, or mitigate significant injury to life, damage to property or harm to the Conservation Easement Area resulting from such causes. However, Grantor agrees to assist Grantee in the resolution of any actions or activities by any third -party that constitute a violation, or a potential violation, of the terms of this Conservation Easement including, but not limited to, trespassing, trash -dumping, vandalism, encroachments, or other activities that threaten or diminish the conservation values of the Conservation Easement Area. ARTICLE VI. MISCELLANEOUS A. Warran .Grantor warrants, covenants and represents that it owns the Property in fee simple, and that Grantor either owns all interests in the Property which may be impaired by the granting of this Conservation Easement or that there are no outstanding mortgages, tax liens, encumbrances, or other interests in the Property which have not been expressly subordinated to [� Book 6835 BK 6835 PG 1685 DOC# 30097353 this Conservation Easement. Grantor further warrants that Grantee shall have the use of and enjoy all the benefits derived from and arising out of this Conservation Easement, and that Grantor will warrant and defend title to the Property against the claims of all persons. B. Subsequent Transfers. The Grantor agrees to incorporate the terms of this Conservation Easement in any deed or other legal instrument that transfers any interest in all or a portion of the Conservation Easement Area. The Grantor agrees to provide written notice of such transfer at least sixty (60) days prior to the date of the transfer. The Grantor and Grantee agree that the terms of this Conservation Easement shall survive any merger of the fee and easement interests in the Conservation Easement Area or any portion thereof and shall not be amended, modified or terminated without the prior written consent and approval of NCDWR. C. Assignment. The parties recognize and agree that the benefits of this Conservation Easement are in gross and assignable provided, however that the Grantee hereby covenants and agrees, that in the event it transfers or assigns this Conservation Easement, the organization receiving the interest will be a qualified holder pursuant to N.C. Gen. Stat. § 121-34 et seq. and § 501 (c)(3) and § 170 (h) of the Internal Revenue Code or N.C. Gen. Stat. § 121-35 et seq., and the Grantee further covenants and agrees that the terms of the transfer or assignment will be such that the transferee or assignee will be required to continue in perpetuity the conservation purposes described in this document. D. Entire Agreement and Severabilitv_. The MBI with corresponding BPDP, and this Conservation Easement sets forth the entire agreement of the parties with respect to the Conservation Easement and supersedes all prior discussions, negotiations, understandings or agreements relating to the Conservation Easement. If any provision is found to be void or unenforceable by a court of competent jurisdiction, the remainder shall continue in full force and effect. E. Obligations of Ownership. Grantor is responsible for any real estate taxes, assessments, fees, or charges levied upon the Property. Grantor shall keep the Property free of any liens or other encumbrances for obligations incurred by Grantor. Grantee shall not be responsible for any costs or liability of any kind related to the ownership, operation, insurance, upkeep, or maintenance of the Property, except as expressly provided herein. Nothing herein shall relieve the Grantor of the obligation to comply with federal, state or local laws, regulations and permits that may apply to the exercise of the Reserved Rights. F. Long -Term Mana eg merit. If livestock or other animal operations will be maintained or are hereafter introduced on the Property, Grantor is responsible for all long-term management activities, including costs, associated with fencing to ensure livestock or other animals do not have access to the Conservation Easement Area. These activities include the installation, maintenance and/or replacement of fence structures, as reasonably deemed necessary by the Grantee, to ensure the aquatic resource functions within the boundaries of the Conservation Easement Area are sustained. 7 Book 6835 BK 6835 PG 1686 DOC# 30097353 G. Extinguishment. In the event that changed conditions render impossible the continued use of the Conservation Easement Area for the conservation purposes, this Conservation Easement may only be extinguished, in whole or in part, by judicial proceeding. H. Eminent Domain. Whenever all or part of the Conservation Easement Area is taken in the exercise of eminent domain so as to substantially abrogate the Restrictions imposed by this Conservation Easement, Grantor and Grantee shall join in appropriate actions at the time of such taking to recover the full value of the taking, and all incidental and direct damages due to the taking. I. Proceeds. This Conservation Easement constitutes areal property interest immediately vested in Grantee. In the event that all or a portion of the Conservation Easement Area is sold, exchanged, or involuntarily converted following an extinguishment or the exercise of eminent domain, Grantee shall be entitled to the fair market value of this Conservation Easement as determined at the time of the extinguishment or condemnation. J. Notification. Any notice, request for approval, or other communication required under this Conservation Easement shall be sent by registered or certified mail, postage prepaid, to the following addresses (or such address as may be hereafter specified by notice pursuant to this paragraph): To Grantor: Bandit Farms II, LLC Attn: Greg Bohlen 203 Union Grove Church Road Chapel Hill, NC 27516 To Grantee: Unique Places to Save P.O. Box 1183 Chapel Hill, NC 27514 To Bank Sponsor: RestorEcology Jordan, LLC Attn: Daniel Ramsay PO Box 5842 Cary, NC 27512 0 Book 6835 BK 6835 PG 1687 DOC# 30097353 To NCDWR: NCDEQ —Division of Water Resources 401 &Buffer Permitting Branch 1617 Mail Service Center Raleigh, NC 27699-1601 K. Failure of Grantee. If at any time Grantee is unable or fails to enforce this Conservation Easement, or if Grantee ceases to be a qualified grantee, and if within a reasonable period of time after the occurrence of one of these events Grantee fails to make an assignment pursuant to this Conservation Easement, then the Grantee's interest shall become vested in another qualified grantee in accordance with an appropriate proceeding in a court of competent jurisdiction. L. Amendment. This Conservation Easement may be amended, but only in a writing signed by all parties hereto, and provided such amendment does not affect the qualification of this Conservation Easement or the status of the Grantee under any applicable laws, and is consistent with the conservation purposes of this grant. M. Present Condition of the Conservation Easement Area. The wetlands, scenic, resource, environmental, and other natural characteristics of the Conservation Easement Area, and its current use and state of improvement, are described in Section 2 of the BPDP, prepared by Bank Sponsor and acknowledged by the Grantor and Grantee to be complete and accurate as of the date hereof. Both Grantor and Grantee acknowledge they have received a copy of the BPDP. It will be used by the parties to assure that any future changes in the use of the Conservation Easement Area will be consistent with the terms of this Conservation Easement. However, this report is not intended to preclude the use of other evidence to establish the present condition of the Conservation Easement Area if there is a controversy over its use. N. Baseline Documentation Report. The characteristics of the Conservation Easement Area and the status of improvements and development shall be described in a Baseline Documentation Report (the "Baseline") prepared by the Grantee with the cooperation of the Grantor. The Baseline shall be acknowledged by the Grantee and the Grantor to be complete and accurate upon completion of the mitigation activities conducted in the Conservation Easement Area (close out date of the mitigation project) in accordance with the MBI and BPDP. Both Grantee and Grantor will have copies of this report, and a copy will be retained in the Grantee's files. The Baseline will be used by Grantee to assure that any future changes in the use of the Conservation Easement Area will be consistent with the terms of this Conservation Easement. However, the Baseline is not intended to preclude the use of other evidence to establish the present condition of the Conservation Easement Area if there is a controversy over its condition or use. TO HAVE AND TO HOLD the said rights and easements perpetually unto Grantee for the aforesaid purposes. [SIGNATURES APPEAR ON FOLLOWING PAGES] E Book 6835 BK 6835 PG 1688 DOC# 30097353 IN TESTIMONY WHEREOF, the Grantor has hereunto set his hand and seal, the day and year first above written. GRANTOR: Bandit Farms II, LLC, a North Carolina limited liability company By: Name: �/,�" Title: STATE OF NORTH CAROLINA COUNTY OF D !�./1"n/�t V �y� I, a Notary Public of the State and County aforesaid, do hereby certify that the following persons) personally appeared before me this day and acknowledged that he/she is the Ali( �►�, ��-er of Bandit Farms II, LLC, and that by authority duly given he/she signed the foregoing instrument in its name, on its behalf and as its act and deed for the purposes stated herein: �* /'v � T3 . k ! e � Witness my hand and official stamp or seal, this the /� day of I�-G cP.M � �- , 20 Z 3 [SEAL] Signature of Notary Public Printed Name of Notary Public My commission expires: I t � � �,.� 2� Book 6835 BK 6835 PG 1689 DOC# 30097353 IN TESTIMONY WHEREOF, the Grantee has hereunto set his hand and seal, the day and year first above written. GRANTEE: UNIQUE PLACES TO SAVE, a North �a�olipa non-pr��yt corporation By: Name: Title: STATE OF NORTH CAROLINA COUNTY OF _ j�co�, �,P aii'•S I, a Notary Public of the State and County aforesaid, do hereby certify that the following persons) personally appeared before me this day and acknowledged that he/she is the Eue cv!'��`�;rec.�lar of Unique Places to Save, and that by authority duly given he/she signed the foregoing instrument in its name, on its behalf and as its act and deed for the purposes stated herein: G�l}�ris Witness my hand and official stamp or seal, this the � day of ��,,,,�� , 2023 . �sEAL] N�L�. 'Q, '�lunlca�rzl Printed Name of Notary Public My commission expires: 11 Book 6835 BK 6835 PG 1690 DOC# 30097353 EXHIBIT A (Legal Description of the Property) BEING that certain 142.12 acres, more or less, tract of parcel of real property lying and being in Bingham Township, Orange County, North Carolina, identified by Orange County PIN 9850-69- 8697, at or near the address of 3000 Dairyland Road, Hillsborough, NC, and being a portion of the property described in that deed recorded in Book 6766, Page 291 in the office of the Orange County, NC Register of Deeds. 12 Book 6835 BK 6835 PG 1691 DOC# 30097353 I .�.I I: Y (Legal Description of the Conservation Easement Area) BEING that azea of land lying and being on portions of the Property described in Exhibit A hereof, containing a combined total of 17.52 acres, more or less, consisting of those five (5) areas or tracts of real property according to and as shown and depicted as "EASEMENT `A"' (1.39 acres), "EASEMENT �B"' (3.85 acres), "EASEMENT `C"' (2.18 acres), "EASEMENT `D"' (2.57 acres), and "EASEMENT `E"' (7.53 acres) on a plat of survey entitled "FINAL PLAT CONSERVATION EASEMENTS FOR RestorEcology Jordan, LLC, PROPERTY OF BANDIT FARMS II, LLC", dated November 10, 2023, prepared by Douglas R. Yarbrough, NC PLS License No. L-3395 of Landmark Surveying, Inc., File #230304, recorded in the Office of the Register of Deeds of Orange County, North Carolina at Plat Book or Cabinet � 2 7 ,Page �, which plat is hereby incorporated by reference, and being more particularly described as follows: EASEMENT A Beginning in at a new iron pin, said beginning point being N 58 degrees 00' 38" E 42.55' from an existing iron pipe the southeast corner of Nutter Farms, LLC. Running thence within the property of Bandit Farms II, LLC the following: N 62 degrees 43' 23" E 101.95' to a new iron pipe S 71 degrees 41' 06" E 327.92' to a new iron pipe S 45 degrees 56' 12" E 94.86' to a new iron pipe S 45 degrees 56' 12" E 127.01' to a point in the centerline of Morgan Creek, Thence following the centerline of Morgan Creek as follows; S 56 degrees 24' 19" W 11.61' to a point, S 88 degrees 09'28" W 32.68' to a point N 74 degrees 05'S6" W 48.36' to a point, N 66 degrees 21'20" W 28.54' to a point N 57 degrees 32'47" W 28.95' to a point, N 73 degrees 50' 15" W 59.51' to a point S 80 degrees 10' 16" W 11.18' to a point, N 73 degrees 33' 35" W 25.94' to a point S 78 degrees 06' 53" W 15.62' to a point, N 77 degrees 46' 09" W 17.64' to a point N 43 degrees 32' 42" W 23.91' to a point, N 83 degrees 53' 03" W 38.94' to a point N 64 degrees 43' 32" W 46.16' to a point, N 75 degrees 57' 29" W 45.56' to a point N 28 degrees 30' 11" W 11.33' to a point, N 52 degrees 04' 02" W 28.70' to a point S 83 degrees 55' 49" W 19.97' to a point, N 26 degrees 10' 44" W 4.33' to a point N 70 degrees 44' 51" W 14.55' to a point, S 41 degrees 56' 32" W 8.16' to a point S 13 degrees 05' 38" E 29.59' to a point, S 42 degrees 11' 15" W 16.09' to a point N 74 degrees 12' S5" W 35.83' to a point, S 28 degrees 39' 36" W 24.13' to a point S 59 degrees 54' 36" W 13.97' to a point, Leaving the centerline of Morgan Creek and running thence: N 10 degrees 08' 12" W 85.34' to a new iron pipe, N 10 Degrees 08' 12" W 50.95' to the point of beginning containing 1. cre more or less. EASEMENT B Beginning at a point in the centerline of Morgan Creek at the confluence of Morgan Creek with a tributary of Morgan Creek, said beginning point being N 48 degrees 44' 05" E 213.28' from an existing iron pipe in the north west corner of the Conservation Easement as recorded in Plat Book 125 Page 74. Running thence along the centerline of Morgan Creek the following: S 18 degrees 45' 06" W 14.11' to a point, N 71 degrees 44' 02" W 29.27' to a point S 27 degrees 37' 44" W 8.12' to a point, S 7 degrees 19' 01" E 20.47' to a point 13 Book 6835 BK 6835 PG 1692 DOC# 30097353 S 27 degrees 38' 36" W 11.51' to a point, N 82 degrees 23' 00" W 29.64' to a point S 71 degrees 04' 20" W 21.17' to a point, S 73 degrees 45' 24" W 28.46' to a point S 86 degrees 12' 36" W 25.57' to a point, S 68 degrees 33' 33" W 30.06' to a point N 86 degrees 18' 11" W 29.31' to a point, S 74 degrees 39' 32" W 26.47' to a point N 42 degrees 45' 22" W 10.22' to a point, N 61 degrees 53' 07" W 17.44' to a point S 87 degrees 03' 02" W 9.84' to a point, S 19 degrees 44' 32" W 20.20' to a point Thence leaving the center of Morgan Creek and running: N 45 degrees 56' 12" W 52.39' to a new iron pipe, N 45 degrees 56' 12" W 69.48' to a new iron pipe N 12 degrees 02' 10" E 159.31' to a new iron pipe N 37 degrees 26' 17" W 235.60' to a new iron pipe N 26 degrees 13' 43" W 323.58' to a new iron pipe N 10 degrees 59' 04" E 123.97' to a new iron pipe N 68 degrees 26' 47" E 115.53' to a new iron pipe N 68 degrees 26' 47" E 43.53' to a point in the centerline of a tributary to Morgan Creek thence following the centerline of a tributary to Morgan Creek: S 17 degrees 18' 13" W 20.58' to a point, S 11 degrees 59' 49" W 43.32' to a point S 29 degrees 03' 16" W 21.81' to a point, S 36 degrees 52' 13" W 17.22' to a point S 24 degrees 55' 43" W 20.74' to a point, S 28 degrees 15' 00" E 20.14' to a point S 15 degrees 33' 41" W 21.72' to a point, S 11 degrees 02' 27" W 22.13' to a point N 87 degrees 32' 45" E 18.56' to a point, S 25 degrees 09' 32" E 19.31' to a point S 48 degrees 36' 06" E 26.83' to a point, S 47 degrees 54' 36" E 11.06' to a point S 13 degrees 27' S5" E 58.01' to a point, S 23 degrees 11' S5" E 22.19' to a point S 2 degrees 31` 01" E 48.25' to a point, S 47 degrees 19` 18" E 27.74' to a point S 26 degrees 33' S4" E 50.93' to a point, S 54 degrees 27' 45" E 27.34' to a point N 85 degrees 43' S7" E 17.79' to a point, S 67 degrees 31' 16" E 8.31' to a point S 33 degrees 22' 02" E 13.00' to a point, S 4 degrees 55' 36" E 15.42' to a point S ii degrees 55' 46" E 19.22' to a point, S 30 degrees 00' 16" E 21.71' to a point S 54 degrees 02' 23" E 16.69' to a point, S 79 degrees 52' 34" E 15.07' to a point S 55 degrees 40' 29" E 59.65' to a point, N 80 degrees 32' 16" E 24.17' to a point S 56 degrees 18' 38" E 9.55' to a point, S 38 degrees 59' 28" E 28.62' to a point S 37 degrees 29' 33" E 24.37' to a point, S 20 degrees 46' 21" E 24.64' to a point S 41 degrees 42' 37" E 16.32' to a point, S 33 degrees 01' 28" E 18.95' to a point S 57 degrees 50' S0" E 10.95' to a point, S 51 degrees 12' 13" E 17.33' to a point S 24 degrees 08' 45" E 25.25' to a point, S 20 degrees 42' 15" E 35.96' to a point S 17 degrees 06' 08" E 25.22' to a point, S 51 degrees 39' 14" E 22.63' to a point S 41 degrees 34' 01" E 18.76' to a point, S 29 degrees 36' S4" E 28.94' to a point S 14 degrees 23' 37" W 20.60' to a point, S 35 degrees 45' 13" E 32.10' to the point of beginning containing cres more or less. EASEMENT C Beginning at a new iron pipe, being S 40 degrees 58' S8" E 40.23' from a new iron pipe in the north west comer of Easement D. Running thence: N 40 degrees 59' 01" W 93.06' to a new iron pipe N 5 degrees 52' 45" W 207.95' to a new iron pipe N 5 degrees 52' 45" W 245.54' to a new iron pipe N 58 degrees 03' 32" E 119.90' to a new iron pipe 14 Book 6835 BK 6835 PG 1693 DOC# 30097353 S 12 degrees 43' 30" E 194.10' to a new iron pipe N 65 degrees 16' 48" E 88.01' to a new iron pipe S 12 degrees 40' li" E 79.34' to a new iron pipe S 3 degrees 12' 19" E 177.27' to a new iron pipe S 42 degrees 42' 36" E 35.27' to a new iron pipe S 47 degrees 54' 18" W 226.66' to the point of beginning containing 2.18 acres more or less. EASEMENT D Beginning at a new iron pipe, being N 88 degrees 03' 42" E 25.55' from an existing iron pipe a northern corner of the Conservation Easement recorded in Plat Book 125 Page 74. Running thence: N 3 degrees 50' 41" E 277.62' to a new iron pipe N 72 degrees 56' 08" W 114.09' to a new iron pipe N 40 degrees 59' 00" W 172.59' to a new iron pipe N 47 degrees 53' 51" E 227.88' to a new iron pipe S 42 degrees 42' 34" E 175.04' to a new iron pipe S 24 degrees 55' S5" E 288.86' to a new iron pipe S 19 degrees 43' 20" W 238.13' to a new iron pipe N 62 degn�es 18' 10" W 51.41' to a new iron pipe S 88 degrees 03' 42" W 80.08' to the point of beginning containing 7 cr s more or less. EASEMENT E Beginning at an existing iron pipe, being N 89 degrees 32' 25" E 201.31' from an existing iron pipe in the north east corner of the Conservation Easement recorded in Plat Book 125 page 74 and being on the western bank of a tributary to Morgan Creek. Running thence: N 4 degrees 29' 08" E 285.68' to a new iron pipe N 10 degrees 31' 40" W 162.74' to a new iron pipe N 29 degrees 34' 00" W 169.30' to a new iron pipe N 25 degrees 16' 02" W 195.71' to a new iron pipe N 6 degrees 10' 13" W 158.08' to a new iron pipe N 11 degrees 04' 18" E 402.21' to a new iron pipe N 77 degrees 17' 38" E 223.59` to a new iron pipe S 0 degrees 39' 40" W 257.02' to a new iron pipe S 19 degrees 18' S9" W 227.40' to a new iron pipe S 28 degrees 26' 35" E 301.93' to a new iron pipe S 18 degrees 12' 14" E 347.01' to a new iron pipe S 1$ degrees 32` 37" W 368.69' to a new iron pipe N 73 degrees 58' 09" W 167.16' to the point of beginning containing 7. cr more or less. TOGETHER WITH A PERPETUAL, NON-EXCLUSIVE RIGHT OF ACCESS OVER, ACROSS AND THROUGH THE PROPERTY FOR THE PURPOSES OF INGRESS, EGRESS, AND REGRESS TO AND FROM THE CONSERVATION EASEMENT AREA AND FOR GRANTEE EXERCISING ITS RIGHTS AND FULFILLING ITS OBLIGATIONS UNDER THIS CONSERVATION EASEMENT. 15 Book 6835