20201937 Ver 2_Recorded CE Asgmt - Dead Tree All_20240423

Type: CONSOLIDATED REAL PROPERTY
Recorded: 5/31/2023 9:12:57 AM
Fee Amt: $54.00 Page 1 of 22
EDGECOMBE COUNTY, NORTH CAROLINA
Vila R. Anderson Register of Deeds
BK 1780 PG 720 - 741
Excise Tax: NTC
Prepared By: W. Judson Smith, Arrowhead Law, PLLC
Return After Recording to:
Attn: Barrett Jenkins
1101 Haynes St., Suite 211
Raleigh, NC 27604
Brief Description for the Index: Assignment of Conservation Easement recorded in
Book 1754, Page 992
NORTH CAROLINA
EDGECOMBE COUNTY
ASSIGNMENT OF CONSERVATION EASEMENT
THIS ASSIGNMENT OF CONSERVATION EASEMENT (this "Assi n n ") is
made this 26 day of May 2023, by and between RESTORATION SYSTEMS, LLC, a
North Carolina limited liability company (the "Assigno '), and NORTH CAROLINA
WILDLIFE HABITAT FOUNDATION, INC., a North Carolina nonprofit corporation (the
"Assignee").
The designation Assignor and Assignee 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, Assignor is a limited liability company whose purposes include the
conservation of property and is qualified to be the holder of a conservation easement
pursuant to N.C. Gen. Stat. § 121-3 5 et seq.;
WHEREAS, the Assignee is a nonprofit corporation, operated primarily for
conservation purposes, including protection of environmentally valuable and sensitive land
for charitable, scientific, educational, and aesthetic purposes and which is qualified to be
submitted electronically by "Arrowhead Law, PLLC"
in compliance with North Carolina statutes governing recordable documents
and the terms of the submitter agreement with the Edgecombe County Register of Deeds.

the grantee of a conservation easement pursuant to N.C. Gen. Stat. §121-34 et seq. and
Internal Revenue Code § 170(h);
WHEREAS, the Assignor is the Grantee of that Permanent Conservation Easement
(as amended, modified, or supplemented, the "Conservation Easement") dated March 30,
2022, granted by Nancy Harris Craven and husband, Thomas F. Craven, Macie Harris
Kimball and husband, Richard Kimball, and Melvin Read Harris and wife, Sandy Harris,
collectively, the Grantor thereof, being recorded in Book 1754, Page 992, Edgecombe
County Registry, affecting certain real property as particularly described therein, and a true
copy of which is attached hereto and incorporated herein as Exhibit A;
WHEREAS, the Conservation Easement provides in Article VI, Section C that it
may be assigned to a qualified holder under N.C. Gen. Stat. §121-34 et seq. and Internal
Revenue Code § 170(h), provided that the assignee be required to continue in perpetuity the
conservation purposes set forth in the Conservation Easement;
WHEREAS, the Assignor wishes to assign and transfer to the Assignee all of its
rights, duties, obligations, and interests in the Conservation Easement, and the Assignee
wishes to accept such assignment and assume all of the rights, duties, obligations, and
interests set forth in the Conservation Easement; and
WHEREAS, the assignment set forth in this Assignment has as its primary purpose
the preservation of the real property as described in the Conservation Easement and the
furtherance of mitigation banking and restoration activities, and these activities are
intended to provide nutrient offsets for impacts permitted by the North Carolina Division
of Water Resources.
ASSIGNMENT AND ASSUMPTION
NOW, THEREFORE, for and in consideration of the sum of One Hundred Dollars
and 00/100 ($100.00) and for other good and valuable consideration, the receipt and legal
sufficiency of which is hereby acknowledged, Assignor hereby unconditionally and
irrevocably assigns, transfers, and conveys unto Assignee, its heirs, successors and assigns,
forever and in perpetuity the Conservation Easement of the nature and character and to the
extent set forth therein, together with the right to preserve and protect the conservation values
thereof, and the Assignee hereby accepts this Assignment unto itself, its heirs, successors and
assigns, forever and in perpetuity, represents and warrants that it is a qualified holder of the
Conservation Easement pursuant to N.C. Gen. Stat. §121-34 et seq. and Internal Revenue
Code § 170(h), that it assumes all of the rights, duties, obligations, and interests and
covenants and agrees to continue in perpetuity the conservation purposes set forth in the
Conservation Easement and otherwise is bound by the terms thereof.
IN TESTIMONY WHEREOF, Assignor and Assignee have hereunto set their hands
and seals, on the day and year first above written.

ASSIGNOR:
RESTORATION SYSTEMS, LLC,
a North Carolina limited liability company
y/ 1
STATE OF
COUNTY OF
I certify that the following person personally appeared before me this day and acknowledged
that he/she is the �; rPr f, e---- of Restoration Systems, 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:
dl• n rays r
Witness my hand and official stamp or seal, this Z day of Meej-' , 2023.
NOR
JGAN..+""� ri Signature of Not c
Printed Naive of Notary Public
O My commission expires:

ASSIGNEE:
NORTH CAROLINA WILDLIFE
HABITAT FOUNDATION, INC.,
a North Carolina nonprofit corporation
Name:
Title: r�4uO4 , /-e-k a,
STATE OF —6� C
COUNTY OF "
,5WW, •J
I certify that the following person personally appeared before me this day and acknowledged
that he/she is the Gam; r„� a ^ of North Carolina Wildlife Habitat
Foundation, Inc., 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:
GO tfd4 ®`
Witness my hand a official stamp or seal, this edgy of MO , 2023.
PN Hq ignature of Notary Pub is
YMeI- b o
[SEAIz�z ; OV Printed Name of Notary Public
z=
;,O', Pvg� ;� My commission expires: - 2

EXHIBIT A
Conservation Easement
[Attached hereto]

Page 1 of 17
Type: CONSOLIDATED REAL PROPERTY
Recorded: 4/5/2022 2:47:20 PM
Fee Amt: $716.00 Page 1 of 17
Revenue Tax: $682.00
EDGECOMBE COUNTY, NORTH CAROLINA
Vila R. Anderson Register of Deeds
This certifies that there are no delinquent apfreT7p9I;Atat�s,� 92TLe 1 OO8
Edgecombe County Tax Collector is chargeYwit colll""ecji'ng, that are aiiien on:
Pin No. 480586715300
Excise Tax $ 682.00
PREPARED BY: Manning, Fulton & Skinner, PA (Joseph B. Bass III) — WITHOUT TITLE
EXAMINATION
RECORDING REQUESTED BY
AND WHEN RECORDED MAIL TO:
Restoration Systems, LLC
Attn: Mr. Barrett Jenkins
1101 Haynes St. Suite 211
Raleigh, NC 27604
PERMANENT CONSERVATION EASEMENT
THIS PERMANENT CONSERVATION EASEMENT ("Conservation Easement") is
made this 30th day of March , 2022, by and between Nancy Harris Craven and husband
Thomas F. Craven, natural persons who are residents of the State of North Carolina, Macie
Harris Kimball and husband Richard Kimball, natural persons who are residents of the State of
South Carolina, and Melvin Read Harris and wife Sandy Harris, natural persons who are
residents of the Commonwealth of Virginia (hereinafter collectively referred to as "Grantor") and
Restoration Systems, LLC, a North Carolina limited liability company (hereinafter referred to as
"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 approximately forty-eight and seventy-one
hundredths (48.71) acres of real property situated, lying, and being in Edgecombe County, North
Carolina, more particularly described on Exhibit A attached hereto and incorporated herein (the
"Property"), which such Property is located over and upon that certain larger tract of land owned
in fee simple by Grantor and described on Exhibit B ("Grantor's Land");
submitted electronically by "manning Fulton & skinner, P.A."
in compliance with North Carolina statutes governing recordable documents
and the terms of the submitter agreement with the Edgecombe county Register of Deeds.

Page 2 of 17
WHEREAS, Grantee is a North Carolina limited liability company whose purpose is the
conservation of property and who is qualified to be the grantee of a conservation easement under
N.C, Gen. Stat.§ 121-35;
WHEREAS, Grantor and Grantee recognize the conservation, scenic, natural, or aesthetic
value of the Property in its natural state, which includes the following natural communities:
unnamed tributaries, open field ditches, and the adjacent riparian resources and similar resources.
The purpose of this Conservation Easement is to restore and maintain riparian resources, aquatic
and ecological resources, and other natural values of the Property and to prevent the use or
development of the Property for any purpose or in any manner that would conflict with the
maintenance of the Property in its natural condition; and
WHEREAS, the preservation of the Property is required by Grantee's Dead Tree Umbrella
Nutrient Offset Banking Instrument in the Tar -Pamlico River Basin (the "NOBI") (NCDWR #
2020-1937v3 that was approved by the North Carolina Division of Water Resources ("NCDWR")
on November 10, 2021. The NOBI is between Grantee, acting as the "Bank Sponsor", and
NCDWR. The use of the Property in accordance with this Conservation Easement is to restore the
Property to a natural vegetated condition as provided in and specified in the Dead Tree A and B
Bank Parcel Development Packages (the "BPDP") which was approved by NCDWR on November
16 and November 10, 2021. The approval of the NOBI and the BPDP allow Grantee to establish
the Dead Tree A and B Bank Parcels on the Property (the "Mitigation Bank"). The Mitigation
Bank is intended to provide nutrient offsets for impacts permitted by NCDWR due to development
(both existing and proposed) within restricted areas of the Tar -Pamlico River Basin. Grantor and
Grantee agree that third -party rights of enforcement shall be held by NCDWR, to include any
successor agencies, and that such rights are in addition to, and do not limit, the rights of Grantee
to comply with its NOBI and its BPDP with the NCDWR.
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 are hereby acknowledged, Grantor hereby unconditionally and irrevocably grants and
conveys unto Grantee, its heirs, successors, and assigns, in perpetuity, a Conservation Easement
of the nature and character and to the extent hereinafter set forth, over the Property described on
Exhibit A, together with the right to preserve and protect the conservation values thereof and with
a right of access, as follows:
ARTICLE 1.
DURATION OF EASEMENT; AREA OF EASEMENT
This Conservation Easement, including all appurtenant rights set forth herein, shall be
perpetual. This Conservation Easement, including all appurtenant rights set forth herein, is an
362811M.M.26275J29798

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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 Property inconsistent with the purpose of this Conservation
Easement is prohibited. The Property shall be preserved in its natural condition and restricted from
any development that would impair or interfere with the conservation values of the Property.
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 Property or any introduction of non-native plants 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 Property.
C. Industrial, Commercial. and Residential Use. Industrial, residential, and commercial
activities, including any right of passage for such purposes, are prohibited.
D. Agricultural, Grazing, and Horticultural Use, Agricultural, grazing, animal husbandry,
and horticultural use within the Property are prohibited.
E. Vegetation. There shall be no removal, burning, destruction, harming, cutting, or mowing
of trees, shrubs, or other vegetation in the Property, 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 (5) consecutive years
from the date on page I of this Property, except where mowing will negatively affect vegetation
or disturb soils. Mowing activities shall only be performed by Grantee and shall not violate any
part of Item L of Article II or extend beyond five (5) years from the date on page 1 of this
Conservation Easement.
F. Roads and Trails. There shall be no construction of roads, trails, or walkways on the
Property nor enlargement or modification to existing roads, trails, or walkways.
G. Si na e. No signs shall be permitted on or over the Property, except the posting of no
trespassing signs, signs identifying the conservation values of the Property, signs giving directions
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Page 4 of 17
or proscribing rules and regulations for the use of the Property, or signs identifying Grantor as
owner of the Property.
H. Dumping or Storage. Dumping or storage of soil, trash, ashes, garbage, waste, abandoned
vehicles, appliances, machinery, hazardous substances, or toxic or hazardous waste, or any
placement of underground or aboveground storage tanks or other materials on the Property is
prohibited.
1. 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 Property, except to
restore natural topography or drainage patterns.
J. War r_Quality 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 Property 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 under a transferable development rights scheme
or cluster development arrangement or otherwise.
L. Vehicles. The operation of mechanized vehicles, including, but not limited to,
motorcycles, dirt bikes, all -terrain vehicles, cars, and trucks is prohibited within the Property, other
than for temporary or occasional access by Grantee, its employees, contractors, agents, successors,
assigns, and NCDWR for purposes of constructing, maintaining, or monitoring the restoration of
riparian areas within the Property.
M. Other Prohibitions. Any other use of, or activity on, the Property which is or may become
inconsistent with the purposes of this grant, the preservation of the Property substantially in its
natural condition, or the protection of its environmental systems is prohibited.
ARTICLE 1II.
GRANTOR'S RESERVED RIGHTS
Grantor expressly reserves for itself, its personal representatives, heirs, successors, and assigns,
the right to continue the use of the Property for all purposes not inconsistent with this Conservation
Easement, including, but not limited to, the right to quiet enjoyment of the Property, the rights of
3628119V2.JBB.26275.T29798 4

Page 5 of 17
ingress and egress, the right to hunt, fish, and hike on the Property, the right to sell, transfer, gift,
or otherwise convey the Property, in whole or in part, provided such sale, transfer, or gift
conveyance is subject to the terms of, and specifically references, this Conservation Easement.
Notwithstanding the foregoing restrictions set forth in Article II above and otherwise in this
instrument, Grantee reserves for itself acting as the Bank Sponsor, its successors and assigns, the
right to construct a Mitigation Bank and to perform activities related to the restoration of riparian
areas within the Property in accordance with the approved NOBI and corresponding BPDP.
ARTICLE IV.
GRANTEE'S RIGHTS; ACCESS EASEMENT
Grantee and its authorized representatives, employees, agents, successors, assigns, and NCDWR,
shall have the right to enter the Property (including access over Grantor's Land) at all reasonable
times for the purpose of inspecting said Property to determine if Grantor or its personal
representatives, heirs, successors, or assigns are complying with the terms, conditions, restrictions,
and purposes of this Conservation Easement. Grantee shall also have the right to enter and go upon
the Property for purposes of making scientific or educational observations and studies and taking
samples. The easement rights granted herein do not include public access rights.
Accordingly Grantor hereby grants and conveys unto Grantee, its authorized representatives,
employees, agents, successors, assigns, and NCDWR a perpetual, non-exclusive easement for
ingress and egress over and upon Grantor's Land at all reasonable times and at the location more
particularly described on Exhibit A ("Access Easement") attached hereto and incorporated herein
by this reference, to access the Property for the purposes set forth herein. This grant of easement
shall not vest any rights in the public and shall not be construed as a public dedication of the Access
Easement. Grantor covenants, represents, and warrants that it is the sole owner of and is seized of
Grantor's Land in fee simple and has the right to grant and convey this Access Easement.
ARTICLE V.
ENFORCEMENT AND REMEDIES
A, To accomplish the purposes of this Conservation Easement, Grantee and the NCDWR
are allowed to prevent any activity, on or use of, the Property that is inconsistent with the purposes
of this Conservation Easement and to require the restoration of such areas or features of the
Property 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 Grantee, Grantee shall notify
Grantor in writing of such breach. Grantor shall have thirty (30) days after receipt of such notice
to correct the conditions constituting such breach. If the breach remains uncured after thirty (30)
days, Grantee may enforce this Conservation Easement by appropriate legal proceedings including
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Page 6 of 17
claims for damages and injunctive and other legal and equitable relief. Notwithstanding the
foregoing, Grantee reserves the immediate right, without notice, to obtain a temporary restraining
order or injunctive or other appropriate relief if the breach of this Conservation Easement is or
would irreversibly or otherwise materially impair the benefits to be derived from this Conservation
Easement. Grantor and Grantee acknowledge that under such circumstances damage to Grantee
would be irreparable and remedies at law will be inadequate. The rights and remedies of Grantee
provided hereunder shall be in addition to, and not in lieu of, all other rights and remedies available
to Grantee in connection with this Conservation Easement. The costs of a breach, correction, or
restoration, including Grantee's expenses, court costs, and reasonable attorneys' fees, shall be paid
by Grantor, provided Grantor is determined to be responsible for the breach. NCDWR shall have
the same right to enforce the terms and conditions of this Conservation Easement as Grantee.
H. No failure on the part of Grantee 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 to Grantee 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 to
bring any action against Grantor for any injury or change in the Property resulting from causes
beyond Grantor's control, including, without limitation, fire, flood, storm, war, acts of God or third
parties, except Grantor's lessees, agents, contractors, 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 Property resulting from such causes.
ARTICLE VI.
MISCELLANEOUS
A. Warranly. Grantor warrants, covenants, and represents that it owns the Property in fee
simple, that Grantor owns all interests in the Property which may be impaired by the granting of
this Conservation Easement, and that there are no outstanding mortgages, tax liens, encumbrances,
or other interests in the Property which have not been expressly subordinated to this Conservation
Easement. Grantor also warrants that Grantee shall have the use and enjoyment of 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 whatsoever.
& Subsequent Transfers. 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
Property. Grantor agrees to provide written notice of such transfer to Grantee at least thirty (30)
days before the date of the transfer. Grantor and Grantee agree that the terms of this Conservation
Easement shall survive any merger of the fee and easement interests in the Property or any portion
thereof and shall not be amended, modified, or terminated without the prior written consent and
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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 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 under N.C. Gen. Stat. § 121-34, etseq. and § 170(h)
of the Internal Revenue Code, and Grantee also covenants and agrees that the terns 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 Severability. The combined NOBI with corresponding BPDP and
this instrument set forth the entire agreement of the parties with respect to the Conservation
Easement and supersedes 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 except those incurred after the date hereof and
which are expressly subject and subordinate to the Conservation Easement. 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 Grantor of the obligation to comply with federal, state, or local laws, regulations, and
permits that may apply to the exercise of Grantor's reserved rights set forth in Article III.
P. Extinguishment. In the event that changed conditions render impossible the continued
use of the Property for the conservation purposes, this Conservation Easement may only be
extinguished, in whole or in part, by judicial proceeding.
G. Eminent Domain. Whenever all or part of the Property 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.
H. Eminent Domain Proceeds. This Conservation Easement constitutes a real property
interest immediately vested in Grantee. In the event that all or a portion of this Property 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. The
parties stipulate that the fair market value of this Conservation Easement shall be determined by
multiplying the fair market value of the Property unencumbered by this Conservation Easement
(minus any increase in value after the date of this grant attributable to improvements) by the ratio
362811W2.JBB.26275.T29798 7

Page 8 of 17
of the value of this Conservation Easement at the time of this grant to the value of the Property
(without deduction for the value of this Conservation Easement) at the time of this grant. The
values at the time of this grant shall be the values used, or which would have been used, to calculate
a deduction for federal income tax purposes, under Section 170(h) of the Internal Revenue Code
(whether eligible or ineligible for such a deduction). Grantee shall use its share of the proceeds in
a manner consistent with the purposes of this Conservation Easement.
1. 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 in accordance with
this Paragraph):
To Granter:
C/O Mrs. Nancy Harris Craven
124 Berry Hill Drive
Raleigh, NC 27615
To Grantee:
Restoration Systems, LLC
1101 Haynes Street
Suite 211
Raleigh, NC 27604
Attn: Mr. Barrett Jenkins
To NCDEO -DWR:
NCDEQ — Division of water Resources
401 & Buffer Permitting Branch
1617 Mail Service Center
Raleigh, NC 27699-1617
J. 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 in accordance with
this Conservation Easement, then Grantee's interest shall become vested in another qualified
grantee in accordance with an appropriate proceeding in a court of competent jurisdiction.
K. 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 Grantee under any applicable laws and provided such
amendment is consistent with the conservation purposes of this grant.
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L. Present Condition of the Property. The wetlands, scenic, resource, environmental, and
other natural characteristics of the Property, and its current use and state of improvement, are
described in the BPDP, prepared by Grantee acting as the Bank Sponsor for the BPDP. The BPDP
is acknowledged by Grantor to be complete and accurate as of the date hereof. Grantor has copies
of the BPDP. The BPDP will be used by the parties to assure that any future changes in the use of
the Property will be consistent with the terms of this Conservation Easement. However, the BPDP
is not intended to preclude the use of other evidence to establish the present condition of the
Property if there is a controversy over its use.
TO HAVE AND TO HOLD the said rights and easements perpetually unto Grantee for the
aforesaid purposes.
[Remainder of page left intentionally blank; signatures follow.]
362 8119v2. BB.26275.T29798

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IN TESTIMONY WHEREOF, Grantor has hereunto set its hand and seal, the day and
year first above written.
GRANTOR:
Nancy Harris aven
[SEAL]
Thomas F, Craven
STATE OF Nof-4-� l_ CD, - r10.
COUNTY OF (,
2 a a Notary Public of the aforesaid County and State,
certify that Nan�y—Harris Craven and Husband Thomas F. Craven personally came before me this
day and acknowledged that he or she signed the foregoing instrument.
WITNESS my hand and official seal,
N Z�
A., sp
Conan. EsP•
03-0 -2023 `1
• .�FdBQ a,.`�- eta C1 r+�`� � ;4ti
3628119v2. M.26275. T29798
this the of, 20�
IV4--
NOTA PUBLIC
My Commission Expires:IYIZ%5

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IN TESTIMONY WHEREOF, Grantor has hereunto set its hand and seal, the day and year first
above written.
GRANTOR:
Y [SEAL]
cie Harris Kimball/
21�/
.i� [SEAL]
Richard Ki ball
STATE OF FhC,voIinA
COUNTY OF (�� ks*wn
1,45 r ee M. 1... tkc o , a Notary Public of the aforesaid County and State,
certify that Macie Harris Kimball and Husband Richard Kimball personally came before me this
day and acknowledged that he or she signed the foregoing instrument.
WITNESS my hand and official seal, this the day o
r C
OTARY PUBLI G 4�
My Commission Expires: jp-o2�1,aC1a�.. •�'�; �_:
rllltl„t`
362811M.M.26275129798

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IN TESTIMONY WHEREOF, Grantor has hereunto set its hand and seal, the day and year first
above written.
GRANTOR:
dC!2°t [SEAL]
Melvin Read Harris
cJ G, s , �� CAS I r [SEAL]
Sandy Harris
STATE/COMMONWEALTH OF
COUNTY OF i7ran 4i ;n
a Notary Public of the aforesaid County and State,
certify that Melvin Read' arrI� Wife Sandy Harris personally came before me this day and
acknowledged that he or she signed the foregoing instrument.
WITNESS my hand and official seal, this the 10 day of ,r"t'lxrch 2022
JASON LEE COOPER
NOTARY PUBLIC
Commonwealth of Virginia
Reg #7917640
My Commission Expires rp�3i/2G1
3628I19v2.JBB.26275.T29798
NOTAK-V PU80C
My Commission Expires: Ir11 ; /z0,S- _

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THIS CONSERVATION EASEMENT AGREED AND ACCEPTED BY GRANTEE:
Restoration Systems, LLC, a North Carolina limited liability company
By: �€ L-t i.-,yam' ?.<<--- [SEAL]
Names'/
TRIP.:
STATE OF NORTH CAROLINA
COUNTY OF —
I certify that the following person personally appeared before me this day, acknowledging
to me that signed the -foregoing document as the duly authorized signatory for Restoration
Systems, LLC: >1dhi�CPy- - ' I ' idPnt
WITNESS my hand and official seal, this 12eday of MA 202
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NOTARY PUBLIC ''^^
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36281 19v2.JBB.2S275.T29798 13

Page 14 of 17
EXHIBIT A
PROPERTY DESCRIPTION
(CONSERVATION EASEMENT AREAS AND ACCESS EASEMENT DESCRIPTION)
Conservation Easement Area 2
BEING ALL OF Conservation Easement Area 2 of the Dead Tree Site over a portion of the land
of Craven, Kimball, and Harris (PIN No 4805867153) lying and being situated in No 6
Township, Edgecombe County, North Carolina and particularly described as follows (all
distances are ground distances unless otherwise noted):
Beginning at an iron stake (Point of Beginning) labeled as Point No. 51 and being located South
62°00'13" West 2527.10 feet from an iron pipe (Point No. 500) with N.C. Grid Coordinates
N=857,401.9790, E=2,410,093.231 (NAD'83, 2011).
Thence from the Point of Beginning (Point No. 51),
South 42'35'23" East 64.17' to an iron stake;
thence South 23°21'20" East 66.57' to an iron stake;
thence South 07018`36" East 66.55' to an iron stake;
thence South 10°50'45" West 94.57' to an iron stake;
thence South 38°25'32" West 182.27' to an iron stake;
thence South 46148'04" East 48.82' to an iron stake;
thence North 62° 12'32" East 462.65' to an iron stake;
thence North 63008'49" East 385.47' to an iron stake;
thence South 22'50'11" East 47.55' to an iron stake;
thence South 29°44`42" East 223.95' to an iron stake;
thence South 16137'06" East 58.88' to an iron stake;
thence South 08'12141" West 69.29' to an iron stake;
thence South 16° 10'49" West 52.87' to an iron stake;
thence South 62°53'22" West 336.88' to an iron stake;
thence South 06°36'48" West 30.15` to an iron stake;
thence South 72°04'19" East 232.65' to an iron stake;
thence South 74°20'46" East 82.04' to an iron stake;
thence South 70'34'33" East 349,77' to an iron stake;
thence South 84°45'21" East 190.88' to an iron stake;
thence South 24°01' 12" West 280.28' to an iron stake;
thence South 27° 18'35" West 164.84` to an iron stake;
thence North 83°18'52" West 91.44' to an iron stake;
thence North 71 °53'35" West 425.73' to an iron stake;
thence North 75°00'38" West 149.74' to an iron stake;
thence North 70°17'38" West 191.79' to an iron stake;
thence North 66108'14" West 177.02' to an iron stake;
thence North 72°24'04" West 246.90' to an iron stake;
thence North 88°27'44" West 291.24' to an iron stake;
thence North 75°30'47" West 93.69' to an iron stake;
thence South 38°21'42" West 703.22'to an iron stake;
thence North 78°05'35" West 239,01' to an iron stake;
3628119v2.JBB.26275.T29798

Page 15 of 17
thence North 38135'50" East 1739.30' to an iron stake;
which is the point of beginning,
having an area of 29.95 acres, more or Iess.
Conservation Easement Area 3
BEING ALL OF Conservation Easement Area 3 of the Dead Tree Site over a portion of the land
of Craven, Kimball, and Harris (PIN No 4805867153) lying and being situated in No 6
Township, Edgecombe County, North Carolina and particularly described as follows (all
distances are ground distances unless otherwise noted):
Beginning at an iron stake (Point of Beginning) labeled as Point No. 116 and being located South
17°42'22" West 1058.75 feet from an iron pipe (Point No. 500) with N.C. Grid Coordinates
N=857,401.9790, E=2,410,093.231 (NAD'83, 2011).
Thence from the Point of Beginning (Point No. 116),
South 16°02'37" West 146.31' to an iron stake;
thence South 18°21'06" West 122.69' to an iron stake;
thence South 3298`22" West 73.14' to an iron stake;
thence South 42°49' 15" West 95.89' to an iron stake;
thence North 54°54'29" West 190.73' to an iron stake;
thence South 62°43'26" West 484.91' to an iron stake;
thence South 62°53'22" West 315.53' to an iron stake;
thence North 16°10'49" East 52.87' to an iron stake;
thence North 08°12'41" East 69.29' to an iron stake;
thence North 16°37'06" West 58.88' to an iron stake;
thence North 29°44'42" West 223.95' to an iron stake;
thence North 22'50' 11" West 47.55' to an iron stake;
thence North 62°58'25" East 627.38' to an iron stake;
thence North 32°25'24" West 239.6l' to an iron stake;
thence North 54°09'42" West 88.30' to an iron stake;
thence North 35°11'01" West 80.66to an iron stake;
thence North 08°02'57" West 86.79' to an iron stake;
thence North 12°44'31" East 88.55' to an iron stake;
thence North 28°50'03" East 186.29' to an iron stake;
thence North 34°53'30" East 89.66' to an iron stake;
thence North 42°51'47" East 54.27' to an iron stake;
thence North 64°04' 18" East 69.88' to an iron stake;
thence North 80°44'00" East 66.84' to an iron stake;
thence South 79°17'13" East 65.38' to an iron stake;
thence South 63°35'06" East 59.32' to an iron stake;
thence South 45°25' 17" East 66.78' to an iron stake;
thence South 28°54'33" East 53.15' to an iron stake;
thence South 13'57' 16" East 59.03' to an iron stake;
thence South 03°44'46" West 58.46' to an iron stake;
thence South 14°02'14" West 41.20' to an iron stake;
thence South 299 V34" West 90.18' to an iron stake;
3628119v2.J8B.26275.T29798

Page 16 of 17
thence South 33°17'00" East 122.11' to an iron stake;
thence South 31°41'13" East 332.00' to an iron stake;
thence South 54°30'48" East 194.99' to an iron stake;
which is the point of beginning,
having an area of 18.76 acres, more or less.
BOTH OF THE FOREGOING CONSERVATION EASEMENT AREAS as shown on plat of
survey titled "Conservation Easement for Restoration Systems, LLC, over a Portion of the Lands
of Barnes per D.B. 1677, Pg. 546 (PIN: 4805-77-7202), and Also, Craven, Kimball & Harris per
D.B. 1199 Pg. 287 (PIN: 4805-86-7153), and Also, Eureka Etheridge Farms, LLC per D.B. 1592,
Pg. 804, Tracts 1, 2 & 3 (PIN(S): 4815-07-9630 & 4815-37-7393), No. 6 Township, Edgecombe
County, North Carolina" dated February 5, 2022, by K2 Design Group, and recorded in Plat
Cabinet 13, Pages 219 through 223, Edgecombe County Register of Deeds.
AND SUCH CONSERVATION EASEMENT AREAS TOGETHER WITH those certain new
non-exclusive access easements labeled as "Access Easement 2", "Access Easement 3", and
"Access Easement 4", all for ingress, egress, and regress and all as shown and more particularly
described on the foregoing described plat of survey recorded in Plat Cabinet 13, Pages 219 through
223, Edgecombe County Register of Deeds.
3628119v2.1BB.26275.T29798

Page 17 of 17
EXHIBIT B
GRANTOR'S LAND DESCRIPTION OVER WHICH THE PROPERTY
(CONSERVATION EASEMENT) IS LOCATED
Lying and being situate in Edgecombe County, NC, and being more particularly described as follows:
That certain tract or parcel of land in No. 6 Township, Edgecombe County, North Carolina,
situate on the North and South side of N.C. State Road 1423, near its intersection with N.C, Highway
44, bounded on the North by Tract No. 2 of the Etheridge Division, on the East by Tracts Nos. 4 and 6
of said Division, on the South by the land of Berry Pittman, Jr., and on the West by the land of Berry
Pittman, Jr. and Tract No. 2 of said Division and being more particularly described as follows:
BEGINNING at a point in the centerline of N.C. State Road 1423, which point is South 84 deg.
35 min. East 1110.1 feet, as measured along the center line of N.C. State Road 1423, if extended from
its point of intersection with the center tine of N.G. Highway 44, said beginning point also being a
southeastern corner of Tract No. 2, thence along and with the line of Tract No. 2, also a wire fence and
hedgerow North 42 deg. 55 min. East 3112.9 feet to a fence post, thence North 36 deg. 04 min. East
862.4 feet to an iron pipe In the center of a farm road, thence continuing with said fence and hedgerow
North 37 deg. 01 min. East 631.7 feet to a fence post, thence North 35 deg. 28 min. East 234.5 feet to a
15 inch poplar, thence South fib deg. 03 min. East 822.3 feet to an iron pipe in the center of a farm
road also in the line of Tract No. 4, thence along with the center of said farm road and the line of Tract
No. 4, South 4 deg. 22 min. West 100.0 feet, South 21 deg. 30 min. West 445.0 feet, South 19 deg. 26
min. West 539.8 feet to a point in the center of another farm road, thence continuing with said farm
road South 21 deg. 18 min. West 703.9 feet, South 20 deg. 10 min. West 597.6 feet, South 32 deg. 02
min. West 100.0 feet, South 49 deg. 34 min. West 224.3 feet, South 28 deg. 21 min. West 1040.9 feet,
South 34 deg. 26 min. West 250.0 feet, and South 23 deg. 48 min, West 613.2 feet to a point in the
center of N.C. State Road 1423, said point also being a southwestern corner of Tract No. 4 and in the
line of Tract No. 6, thence with the center of N.C. State Road 1423 and the line of Tract No. 6, North
58 deg. 36 min. West 231.5 feet, North 68 deg. 38 min. West 306.9 feet to a point in the center of said
road, a corner of Tract No. 6, thence continuing with the line of Tract No. 6, along with a wire fence
South 10 deg. 46 min. West 2212.5 feet to a fence post in the line of Berry Pittman, Jr., also another
wire fence, thence along and with the line of Berry Pittman, Jr. and said other wire fence, North 84
deg. 45 min. West 1525.9 feet to a fence corner, the property line being along the wire fence, thence
continuing with the line of Berry Pittman, Jr., and with a wire fence and hedgerow along a farm road
North 9 deg. 16 min. East 1051.6 feet, North 9 deg. 36 min. East 700A feet, and North 10 deg, 33 min.
East 874.3 feet to a point in the center of N.C. State Road 1423, said wire fence and hedgerow being
the property line, thence North 84 deg. 35 min. West 18.0 feet to the point in the center of N.C. State
Road 1423 at the beginning and being Tract No. 3 of the Etheridge Division, containing 241.84 acres
Including land within the right of way of N.C. State Road 1423 and being shown on map entitled "Plat
Division of the 'Eureka Farm' belonging to Heirs of Claude Etheridge, No. 6 Township, Edgecombe
County, N.C., Scale V = 660', December 8, 1979", made by Cyril C. Waters, Registered Surveyor,
Roanoke Rapids, N.C., to which map reference is hereby made.
TOGETHER WITH the right of ingress and egress over the farm roads or paths abutting said
Tract No. 3 as shown on said map of the "Eureka Farm" belonging to heirs of Claude Etheridge.
362811 W.M.26275.T29798

Type: CONSOLIDATED REAL PROPERTY
Recorded: 5/31/2023 9:11:40 AM
Fee Amt: $90.00 Page 1 of 31
EDGECOMBE COUNTY, NORTH CAROLINA
Vila R. Anderson Register of Deeds
BK 1780 PG 669 - 699
Excise Tax: NTC
Prepared By: W. Judson Smith, Arrowhead Law, PLLC
Return After Recording to:
Restoration Systems, LLC
Attn: Barrett Jenkins
1101 Haynes St., Suite 211
Raleigh, NC 27604
Brief Description for the Index: Assignment of Conservation Easement recorded in
Book 1754, Page 1024
NORTH CAROLINA
EDGECOMBE COUNTY
ASSIGNMENT OF CONSERVATION EASEMENT
THIS ASSIGNMENT OF CONSERVATION EASEMENT (this "Assi n n ") is
made this 26 day of May 2023, by and between RESTORATION SYSTEMS, LLC, a
North Carolina limited liability company (the "Assigno '), and NORTH CAROLINA
WILDLIFE HABITAT FOUNDATION, INC., a North Carolina nonprofit corporation (the
"Assignee").
The designation Assignor and Assignee 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, Assignor is a limited liability company whose purposes include the
conservation of property and is qualified to be the holder of a conservation easement
pursuant to N.C. Gen. Stat. § 121-3 5 et seq.;
WHEREAS, the Assignee is a nonprofit corporation, operated primarily for
conservation purposes, including protection of environmentally valuable and sensitive land
submitted electronically by "Arrowhead Law, PLLC"
in compliance with North Carolina statutes governing recordable documents
and the terms of the submitter agreement with the Edgecombe County Register of Deeds.

for charitable, scientific, educational, and aesthetic purposes and which is qualified to be
the grantee of a conservation easement pursuant to N.C. Gen. Stat. §121-34 et seq. and
Internal Revenue Code § 170(h);
WHEREAS, the Assignor is the Grantee of that Permanent Conservation Easement
(as amended, modified, or supplemented, the "Conservation Easement") granted by
Eureka -Etheridge Farms, LLC, the Grantor thereof, being recorded in Book 1754, Page
1024, Edgecombe County Registry, affecting certain real property as particularly described
therein, and a true copy of which is attached hereto and incorporated herein as Exhibit A;
WHEREAS, the Conservation Easement provides in Article VI, Section C that it
may be assigned to a qualified holder under N.C. Gen. Stat. §121-34 et seq. and Internal
Revenue Code § 170(h), provided that the assignee be required to continue in perpetuity the
conservation purposes set forth in the Conservation Easement;
WHEREAS, the Assignor wishes to assign and transfer to the Assignee all of its
rights, duties, obligations, and interests in the Conservation Easement, and the Assignee
wishes to accept such assignment and assume all of the rights, duties, obligations, and
interests set forth in the Conservation Easement; and
WHEREAS, the assignment set forth in this Assignment has as its primary purpose
the preservation of the real property as described in the Conservation Easement and the
furtherance of mitigation banking and restoration activities, and these activities are
intended to provide nutrient offsets for impacts permitted by the North Carolina Division
of Water Resources.
ASSIGNMENT AND ASSUMPTION
NOW, THEREFORE, for and in consideration of the sum of One Hundred Dollars
and 00/100 ($100.00) and for other good and valuable consideration, the receipt and legal
sufficiency of which is hereby acknowledged, Assignor hereby unconditionally and
irrevocably assigns, transfers, and conveys unto Assignee, its heirs, successors and assigns,
forever and in perpetuity the Conservation Easement of the nature and character and to the
extent set forth therein, together with the right to preserve and protect the conservation values
thereof, and the Assignee hereby accepts this Assignment unto itself, its heirs, successors and
assigns, forever and in perpetuity, represents and warrants that it is a qualified holder of the
Conservation Easement pursuant to N.C. Gen. Stat. §121-34 et seq. and Internal Revenue
Code § 170(h), that it assumes all of the rights, duties, obligations, and interests and
covenants and agrees to continue in perpetuity the conservation purposes set forth in the
Conservation Easement and otherwise is bound by the terms thereof.
IN TESTIMONY WHEREOF, Assignor and Assignee have hereunto set their hands
and seals, on the day and year first above written.
[SIGNATURES APPEAR ON FOLL OWING PA GES]

ASSIGNOR:
RESTORATION SYSTEMS, LLC,
a North Carolina limited liability company
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STATE OF iV
COUNTY OF LJJk2e-
I certify that the following person personally appeared before me this day and acknowledged
that he/she is the �; re0i,'- of Restoration Systems, 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:
Witness my hand and official stamp or seal, thisL614day of 52023.
Signature of Notary Pu
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ASSIGNEE:
NORTH CAROLINA WILDLIFE
HABITAT FOUNDATION, INC.,
a North Carolina nonprofit corporation
By:
Name: C�rC�p/�/ L�Wi✓
Title: `��g rt/��✓/
STATE OF c
COUNTY OF
I certify that the following person personally appeared before me this day and acknowledged
that he/she is the `® of North Carolina Wildlife Habitat
Foundation, Inc., 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:
PE OP i 1
Witness my hand ar /dnfficial stamp or seal, this �`day of P&V 2023.
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EXHIBIT A
Conservation Easement
[Attached hereto]

Pagel of 26
Type: CONSOLIDATED REAL PROPERTY
Recorded: 4/5/2022 2:53:44 PM
Fee Amt: $1,921.00 Page 1 of 26
Revenue Tax: $1,851.00
EDGECOMBE COUNTY, NORTH CAROLINA
Vila R. Anderson Register of Deeds
This certifies that there are no delinquent ad valorem real estdMel, 75i4fhPG 1024 — 1049
Edgecombe County Tax Collector is charged with collecting; that are a lien on:
Pin No.48150796300
Excise Tax S i/ F 5 /, 00
PREPARED BY: Manning, Fulton & Skinner, PA (Joseph B. Bass III) — WITHOUT TITLE
EXAMINATION BY MANNING FULTON
RECORDING REQUESTED BY
AND WHEN RECORDED MAIL TO:
Restoration Systems, LLC
Attn: Mr. Barrett Jenkins
1101 Haynes St. Suite 211
Raleigh, NC 27604
PERMANENT CONSERVATION EASEMENT
THIS PERMANENT CONSERVATION EASEMENT ("Conservation Easement') is
made this Z yM day of March, 2022, by and between Eureka -Etheridge Farms, LLC, a North
Carolina limited liability company (hereinafter referred to as "Grantor"), and Restoration
Systems, LLC, a North Carolina limited liability company (hereinafter referred to as "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 approximately one hundred thirty-two and
eighteen -hundredths (132.18) acres of real property situated, lying, and being in Edgecombe
County, North Carolina, more particularly described on Exhibit A attached hereto and incorporated
herein (the "Property"), which such Property is located over and upon that certain larger tract of
land owned in fee simple by Grantor and described on Exhibit B ("Grantor's Land");
WHEREAS, Grantee is a North Carolina limited liability company whose put -pose is the
conservation of property and who is qualified to be the grantee of a conservation easement under
N.C. Gen. Stat.§ 121-35;
submitted electronically by "Manning Fulton & Skinner, P.A."
in compliance with North Carolina statutes governing recordable documents
and the terms of the submitter agreement with the Edgecombe county Register of Deeds.

Page 2 of 26
WHEREAS, Grantor and Grantee recognize the conservation, scenic, natural, or aesthetic
value of the Property in its natural state, which includes the following natural communities:
unnamed tributaries, open field ditches, and the adjacent riparian resources and similar resources.
The purpose of this Conservation Easement is to restore and maintain riparian resources, aquatic
and ecological resources, and other natural values of the Property and to prevent the use or
development of the Property for any purpose or in any manner that would conflict with the
maintenance of the Property in its natural condition; and
WHEREAS, the preservation of the Property is required by Grantee's Dead Tree Umbrella
Nutrient Offset Banking Instrument in the Tar -Pamlico River Basin (the "NOBI") (NCDWR #
2020-19370 that was approved by the North Carolina Division of Water Resources ("NCDWR")
on November 10, 2021. The NOBI is between Grantee, acting as the "Bank Sponsor", and
NCDWR. The use of the Property in accordance with this Conservation Easement is to restore the
Property to a natural vegetated condition as provided in and specified in the Dead Tree A and B
Bank Parcel Development Packages (the "BPDP") which was approved by NCDWR on November
16 and November 10, 2021. The approval of the NOBI and the BPDP allow Grantee to establish
the Dead Tree A and B Bank Parcels on the Property (the "Mitigation Bank"). The Mitigation
Bank is intended to provide nutrient offsets for impacts permitted by NCDWR due to development
(both existing and proposed) within restricted areas of the Tar -Pamlico River Basin. Grantor and
Grantee agree that third -party rights of enforcement shall be held by NCDWR, to include any
successor agencies, and that such rights are in addition to, and do not limit, the rights of Grantee
to comply with its NOBI. and its BPDP with the NCDWR.
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 are hereby acknowledged, Grantor hereby unconditionally and irrevocably grants and
conveys unto Grantee, its heirs, successors, and assigns, in perpetuity, a Conservation Easement
of the nature and character and to the extent hereinafter set forth, over the Property described on
Exhibit A, together with the right to preserve and protect the conservation values thereof and with
a right of access, as follows:
ARTICLE I.
DURATION OF EASEMENT; AREA OF EASEMENT
This Conservation Easement, including all appurtenant rights set forth herein, shall be
perpetual. This Conservation Easement, including all appurtenant rights set forth herein, 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.
36281440 JBB.26275.T29798

Page 3 of 26
ARTICLE 11.
PROHIBITED AND RESTRICTED ACTIVITIES
Any activity on, or use of, the Property inconsistent with the purpose of this Conservation
Easement is prohibited. The Property shall be preserved in its natural condition and restricted from
any development that would impair or interfere with the conservation values of the Property.
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 Property or any introduction of non-native plants 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 Property.
C. Industrial, Commercial, and Residential Use. Industrial, residential, and commercial
activities, including any right of passage for such purposes, are prohibited.
D. Agricultural, Grazing, and Horticultural Use. Agricultural, grazing, animal husbandry,
and horticultural use on, over, upon, or within the Property are prohibited.
E. Vegetation. There shall be no removal, burning, destruction, harming, cutting, or mowing
of trees, shrubs, or other vegetation from, on, or in the Property, 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 (5)
consecutive years from the date on page 1 of this Property, except where mowing will negatively
affect vegetation or disturb soils. Mowing activities shall only be performed by Grantee and shall
not violate any part of Item L of Article 11 or extend beyond five (5) years from the date on page
1 of this Conservation Easement.
F. Roads and Trails. There shall be no construction of roads, trails, or walkways on, over,
or upon the Property nor enlargement or modification to existing roads, trails, or walkways.
G. Signage. No signs shall be permitted on or over the Property, except the posting of no
trespassing signs, signs identifying the conservation values of the Property, signs giving directions
or proscribing rules and regulations for the use of the Property, or signs identifying Grantor as
owner of the Property.
3628144A.JBB.26275.T29798

Page 4 of 26
H. Dumping or Storage. Dumping or storage of soil, trash, ashes, garbage, waste, abandoned
vehicles, appliances, machinery, hazardous substances, or toxic or hazardous waste, or any
placement of underground or aboveground storage tanks or other materials on the Property is
prohibited.
I. Excavation. Dredgine, 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 Property, except to
restore natural topography or drainage patterns.
J. 'Water Quality and Drainage Patten. 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 Property 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 under a transferable development rights scheme
or cluster development arrangement or otherwise.
L. Vehicles. The operation of mechanized vehicles, including, but not limited to,
motorcycles, dirt bikes, all -terrain vehicles, cars, and trucks is prohibited on, over, upon, or within
the Property, other than for temporary or occasional access by Grantee, its employees, contractors,
agents, successors, assigns, and NCDWR for purposes of constructing, maintaining, or monitoring
the restoration of riparian areas within the Property.
M. Other Prohibitions. Any other use of, or activity on, over, and upon, the Property which
is or may become inconsistent with the purposes of this grant, the preservation of the Property
substantially in its natural condition, or the protection of its environmental systems is prohibited.
ARTICLE III.
GRANTOR'S RESERVED RIGHTS
Grantor expressly reserves for itself, its personal representatives, heirs, successors, and assigns,
the right to continue the use of the Property for all purposes not inconsistent with this Conservation
Easement, including, but not limited to, the right to quiet enjoyment of the Property, the rights of
ingress and egress, the right to hunt, fish, and hike on the Property, the right to sell, transfer, gift,
or otherwise convey the Property, in whole or in part, provided such sale, transfer, or gift
3628144v3.J13B.26275.T29798

Page 5 of 26
conveyance is subject to the terms of, and specifically references, this Conservation Easement.
Notwithstanding the foregoing restrictions set forth in Article 11 above and otherwise in this
instrument, Grantee reserves for itself acting as the Bank Sponsor, its successors and assigns, the
right to construct a Mitigation Bank and to perform activities related to the restoration of riparian
areas within the Property in accordance with the approved NOBI and corresponding BPDP.
ARTICLE IV.
GRANTEE'S RIGHTS; ACCESS EASEMENT
Grantee and its authorized representatives, employees, agents, successors, assigns, and NCDWR,
shall have the right to enter the Property (including access over Grantor's Land) at all reasonable
times for the purpose of inspecting said Property to determine if Grantor or its personal
representatives, heirs, successors, or assigns are complying with the terms, conditions, restrictions,
and purposes of this Conservation Easement. Grantee shall also have the right to enter and go upon
the Property for purposes of making scientific or educational observations and studies and taking
samples. The easement rights granted herein do not include public access.
Accordingly Grantor hereby grants and conveys unto Grantee, its authorized representatives,
employees, agents, successors, assigns, and NCDWR a perpetual, non-exclusive easement for
ingress and egress over and upon Grantor's Land at all reasonable times and at the Iocation more
particularly described on Exhibit A ("Access Easement") attached hereto and incorporated herein
by this reference, to access the Property for the purposes set forth herein. This grant of easement
shall not vest any rights in the public and shall not be construed as a public dedication of the Access
Easement. Grantor covenants, represents, and warrants that it is the sole owner of and is seized of
Grantor's Land in fee simple and has the right to grant and convey this Access Easement.
ARTICLE V.
ENFORCEMENT AND REMEDIES
A. To accomplish the purposes of this Conservation Easement, Grantee and the NCDWR
are allowed to prevent any activity, on or use of the Property that is inconsistent with the purposes
of this Conservation Easement and to require the restoration of such areas or features of the
Property 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 Grantee, Grantee shall notify
Grantor in writing of such breach. Grantor shall have thirty (30) days after receipt of such notice
to correct the conditions constituting such breach. If the breach remains uncured after thirty (30)
days, Grantee may enforce this Conservation Easement by appropriate legal proceedings including
claims for damages and injunctive and other legal and equitable relief. Notwithstanding the
3628 3440.Irr6.26275=91798

Page 6 of 26
foregoing, Grantee reserves the immediate right, without notice, to obtain a temporary restraining
order or injunctive or other appropriate relief if the breach of this Conservation Easement is or
would irreversibly or otherwise materially impair the benefits to be derived from this Conservation
Easement. Grantor and Grantee acknowledge that under such circumstances damage to Grantee
would be irreparable and remedies at law will be inadequate. The rights and remedies of Grantee
provided hereunder shall be in addition to, and not in lieu of, all other rights and remedies available
to Grantee in connection with this Conservation Easement. The costs of a breach, correction, or
restoration, including Grantee's expenses, court costs, and reasonable attorneys' fees, shall be paid
by Grantor, provided Grantor is determined to be responsible for the breach. NCDWR shall have
the same right to enforce the terms and conditions of this Conservation Easement as Grantee.
B. No failure on the part of Grantee 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 to Grantee 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 to
bring any action against Grantor for any injury or change in the Property resulting from causes
beyond Grantor's control, including, without limitation, fire, flood, storm, war, acts of God or third
parties, except Grantor's lessees, agents, contractors, 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 Property resulting from such causes.
ARTICLE VI,
MISCELLANEOUS
A. Warranty. Grantor warrants, covenants, and represents that it owns the Property in fee
simple, that Grantor owns all interests in the Property which may be impaired by the granting of
this Conservation Easement, and that there are no outstanding mortgages, tax liens, encumbrances,
or other interests in the Property which have not been expressly subordinated to this Conservation
Easement. Grantor also warrants that Grantee shall have the use and enjoyment of 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 whatsoever.
B. Subsequent Transfers. 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
Property. Grantor agrees to provide written notice of such transfer to Grantee at least thirty (30)
days before the date of the transfer. Grantor and Grantee agree that the terns of this Conservation
Easement shall survive any merger of the fee and easement interests in the Property or any portion
thereof and shall not be amended, modified, or terminated without the prior written consent and
approval of NCD WR.
3628144 O.M. 2 6273 -T29798

Page 7 of 26
C. Assignment. The parties recognize and agree that the benefits of this Conservation
Easement are in gross and assignable; provided, however, that 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 under N.C. Gen. Stat. § 121-34, et seq. and § 170(h)
of the Internal Revenue Code, and Grantee also 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 Severability. The combined NOBI with corresponding BPDP and
this instrument set forth the entire agreement of the parties with respect to the Conservation
Easement and supersedes 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 except those incurred after the date hereof and
which are expressly subject and subordinate to the Conservation Easement. 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 Grantor of the obligation to comply with federal, state, or local laws, regulations, and
permits that may apply to the exercise of Grantor's reserved rights set forth in Article 111.
F. Extinguishment. in the event that changed conditions render impossible the continued
use of the Property for the conservation purposes, this Conservation Easement may only be
extinguished, in whole or in part, by judicial proceeding.
G. Eminent Domain. Whenever all or part of the Property 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.
H. Eminent Domain Proceeds. This Conservation Easement constitutes a real property
interest immediately vested in Grantee. In the event that all or a portion of this Property 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_ The
parties stipulate that the fair market value of this Conservation Easement shall be determined by
multiplying the fair market value of the Property unencumbered by this Conservation Easement
(minus any increase in value after the date of this grant attributable to improvements) by the ratio
of the value of this Conservation Easement at the time of this grant to the value of the Property
36281"v3.7BH.26275.T29798

Page 8 of 26
(without deduction for the value of this Conservation Easement) at the time of this grant. The
values at the time of this grant shall be the values used, or which would have been used, to calculate
a deduction for federal income tax purposes, tinder Section 170(h) of the Internal Revenue Code
(whether eligible or ineligible for such a deduction). Grantee shall use its share of the proceeds in
a manner consistent with the purposes of this Conservation Easement.
I. 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 in accordance with
this Paragraph):
To Grantor:
Eureka -Etheridge Farms, LLC
CIO Marvin E, Ward
218 Old Farm Road
Roanoke Rapids, NC 27870-3219
To Grantee:
Restoration Systems, LLC
1101 Haynes Street
Suite 211
Raleigh, NC 27604
Attn: Mr. Barrett Jenkins
To NCDEO -DWR:
NCDEQ — Division of Water Resources
401 & Buffer Permitting Branch
1617 Mail Service Center
Raleigh, NC 27699-1617
J. 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 in accordance with
this Conservation Easement, then Grantee's interest shall become vested in another qualified
grantee in accordance with an appropriate proceeding in a court of competent jurisdiction.
K. 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 Grantee under any applicable laws and provided such
amendment is consistent with the conservation purposes of this grant.
3628144v 3. JBB.26275.T 29798

Page 9026
L. Present Condition of the Property. The wetlands, scenic, resource, environmental, and
other natural characteristics of the Property, and its current use and state of improvement, are
described in the BPDP, prepared by Grantee acting as the Bank Sponsor for the BPDP. The BPDP
is acknowledged by Grantor to be complete and accurate as of the date hereof. Grantor has copies
of the BPDP. The BPDP will be used by the parties to assure that any future changes hi the use of
the Property will be consistent with the terms of this Conservation Easement. However, the BPDP
is not intended to preclude the use of other evidence to establish the present condition of the
Property if there is a controversy over its use.
TO HAVE AND TO HOLD the said rights and easements perpetually unto Grantee for the
aforesaid purposes.
[Remainder of page left intentionally blank; signatures follow.]
3628144 v3.JB B.2B275.T 29798

Page 10 of 26
IN TESTIMONY WHEREOF, Grantor has hereunto set its hand and seal, the day and
year first above written.
GRANTOR:
Eureka -Etheridge Farms, LLC,
a North Carolina limited liability company
By: t _ 6 , USJiL� [SEAL]
Name: arvin E. Ward
Title: Manager
STATE OF NORTH CAROLINA
COUNTY OF 61 Y_
I. GJIGc,�Flr� '�). {ltf/r,; a Notary Public of the aforesaid County and State,
certify that Marvin E. Ward personally came before me this day and acknowledged that he or she
is Manager of Eureka -Etheridge Farms, LLC, a North Carolina limited liability company, and
that by authority duly given and as the act of Eureka -Etheridge Farms, LLC, a North Carolina
limited liability company, signed the foregoing instrmnent on behalf of Eureka -Etheridge Farms,
LLC, a North Carolina limited liability company
WITNESS my hand and official seal, this the day of / 20
NOTARY PUBLIC
My Commission Expires: /4L4 Guy r Z-1 i
3628144v3.3B5.26275.T29798

Page 11 of 26
THIS CONSERVATION EASEMENT AGREED AND ACCEPTED BY GRANTEE:
Restoration Systems, LLC,
a North Carolina limited liability company
(SEAL]
Name;) r` / f, r17A
Title-'1—
STATE OF NO TH CAR L1NA
COUNTY OF Wwtff
I certify that the following person personally appeared before me this day, acknowledging
to me that s'g ed th oregoing -d-curnent, as the duly authorized signatory for Restoration
Sys eWl h C:
my hand and official seal, this ay of 2OZZ.
\yglonto� '
�30�AR7- �mN• CJ NOTARYPUBLIC
' y .• pV� a „= M Commission Expires:
�i� 9� . 2 15��,� r • �1Z'
•��a�VrT i
36281440-MB.26275329798

Page 12 of 26
EXHIBIT A.
PROPERTY DESCRIPTION
(CONSERVATION EASEMENT AND ACCESS EASEMENT DESCRIPTION)
Conservation Easement Area 4
BEING ALL OF Conservation Easement Area 4 of the Dead Tree Site over a portion of the land
of Eureka Etheridge Farms LLC (PIN No 4815079630) lying and being situated in No 6
Township, Edgecombe County, North Carolina and particularly described as follows (all
distances are ground distances unless otherwise noted):
Beginning at an iron stake (Point of Beginning) labeled as Point No. 138 and being the northern
most corner of the Conservation Easement Area 4 and being located South 52°54'20" East
577.03 feet from an iron pipe (Point No. 500) with N.C. Grid Coordinates N=857,401.9790,
E=2,410,093.231 (NAD '83, 2011).
Thence from the Point of Beginning (Point No. 138),
South 55°56'14" East 172.77' to an iron stake;
thence North 40°25'32" East 30.19' to an iron stake;
thence North 40°25'32" East 30.19' to an iron stake;
thence North 55'56'14" West 154.45' to an iron stake;
thence North 51 °00'45" East 168.97' to an iron stake;
thence North 64°35'50" East 147.60' to an iron stake;
thence North 38°08'25" East 49.34' to an iron stake;
thence North 10°48'30" East 87.49' to an iron stake;
thence North 19'1 F51" East 98.99' to an iron stake;
thence North 29°40'40" East 165.15' to an iron stake;
thence North 18°45'01 " East 433.19' to an iron stake;
thence North 29°05' 16" East 58.2 P to an iron stake;
thence North 39°50'12" East 40.92' to an iron stake;
thence North 50°07'41" East 57.68' to an iron stake;
thence North 60°58'51" East 108.80' to an iron stake;
thence North 66°45'39" East 32.12' to an iron stake;
thence North 771016" East 35.97to an iron stake;
thence North 87'1112" East 36.19' to an iron stake;
thence South 82°25'49" East 30.62' to an iron stake;
thence South 74°21'28" East 36.06' to an iron stake;
3628 144v3 JBB.26275.T 29798

Page 13 of 26
thence South 63°51'49" East 31.14' to an iron stake;
thence South 54'29'30" East 39.46' to an iron stake;
thence South 43'11'41" East 42.87' to an iron stake;
thence South 30°04'07" East 38.12' to an iron stake;
thence South 21 °28'23" East 49.21' to an iron stake;
thence South 06°40'30" East 62.73' to an iron stake;
thence South 12°47'27" West 49.40' to an iron stake;
thence South 23' 11'55" West 47.60' to an iron stake;
thence South 38°17'25" West 50.43' to an iron stake;
thence South 50'15'01" West 34.21' to an iron stake;
thence South 60'05'11" West 43.86' to an iron stake;
thence South 17'20'39" West 363.40' to an iron stake;
thence South 28°33'02" West 198.34' to an iron stake;
thence South 13°17'29" West 184.63' to an iron stake;
thence South 30°41'07" West 82.67' to an iron stake;
thence South 38°26'01" West 103.06' to an iron stake;
thence South 44°32'23" West 91.71' to an iron stake;
thence South 60'18'22" West 72.55' to an iron stake;
thence South 66°21' 10" West 89.42' to an iron stake;
thence North 55°56'14" West 171.35' to an iron stake;
thence South 37"03'39" West 29.83' to an iron stake;
thence South 37°03'39" West 30.25' to an iron stake;
thence South 55°56' 14" East 154.82' to an iron stake;
thence South 39°29'59" West 41,93' to an iron stake;
thence South 05°55'05" East 143.12' to an iron stake;
thence South 20°05'39" East 88.3 P to an iron stake;
thence South 08°31'19" East 114.51' to an iron stake;
thence South 01°07'45" West 355.31' to an iron stake;
thence South 30°53'40" West 252.51' to an iron stake;
thence South 32°23'33" West 118.27' to an iron stake, -
thence South 26°04'46" West 207.69' to an iron stake;
thence North 51 °5712" West 69.32' to an iron stake;
3628 t44v3.IBB.26275.T29798

Page 14 of 26
thence North 2716'52" West 57.55' to an iron stake;
thence North 85°42'32" West 168.22' to an iron stake;
thence South 85°30'15" West 107.97' to an iron stake;
thence South 88°04'23" West 187.17' to an iron stake;
thence North 88°58'00" West 108.3 P to an non stake;
thence North 78' 14'36" West 43.67' to an iron stake;
thence North 62°43'07" West 45.29' to an iron stake;
thence North 52°29'33" West 46.10' to an iron stake;
thence North 46°43'49" West 363.76' to an iron stake;
thence North 42'49'15" East 91.53' to an iron stake;
thence North 32°38'22" East 86.00' to an iron stake;
thence North 18°2 P06" East 131.42' to an iron stake;
thence North 16°02'37" East 126.67' to an iron stake;
thence South 54°07'30" East 72.I2' to an iron stake;
thence South 47'26'13" East 343.44' to an iron stake;
thence North 83°18'39" East 84.95' to an iron stake,
thence North 85°47'27" East 229.44' to an iron stake;
thence South 86°55'21" East 80.85' to an iron stake;
thence North 00°26144" West 111.64' to an iron stake;
thence North 03°18'07" East 117.56' to an iron stake;
thence North 00`25'11" East 94.79' to an iron stake;
thence North 14°02'28" West 183.87' to an iron stake;
thence North 02°06'50" West 117.89' to an iron stake;
thence North 15°48'00" West 116.63' to an iron stake;
thence North 02°03136" East 60.37' to an iron stake;
thence North 1691'33" East 41.20' to an iron stake;
thence North 30°28'41" East 105.42' to an iron stake;
thence North 50°11'30" East 41.40' to an iron stake;
which is the point of beginning,
having an area of 34.77 acres, more or less.
36281443. J➢➢.26275.T29798
Conservation Easement Area 5

Page 15 of 26
BEING ALL OF Conservation Easement Area 5 of the Dead Tree Site over a portion of the land
of Eureka Etheridge Farms LLC (PIN No 4815377393) lying and being situated in No 6
Township, Edgecombe County, North Carolina and particularly described as follows (all
distances are ground distances unless otherwise noted):
Beginning at an iron stake (Point of Beginning) labeled as Point No. 199 and being located South
73°22'02" East 1581.43 feet from an iron pipe (Point No. 500) with N.C. Grid Coordinates
N=857,401.9790, E=2,410,093.231 (NAD'83, 2011).
Thence from the Point of Beginning (Point No. 199), North 52°1.6'59" East 76.01' to an iron
stake;
thence North 69°02'57" East 175.59' to an iron stake;
thence North 78°57'42" East 233.49' to an iron stake;
thence North 79°4V0V East 191.46' to an iron stake;
thence North 77° 13'46" East 66.01' to an iron stake;
thence North 84*13'44" East 87.98' to an iron stake;
thence South 89°40'41" East 154.52' to an iron stake;
thence South 86°42'45" East 166.5l' to an iron stake;
thence South 00°03'41" East 252.36' to an iron stake;
thence South 63°59'14" West 147.03' to an iron stake;
thence South 00°18'46" West 174,04' to an iron stake;
thence North 80°42'59" West 45.74' to an iron stake;
thence North 63°19'16" West 97.63' to an iron stake;
thence North 87°18'49" West 148.17' to an iron stake;
thence South 80°09'59" West 330.37' to an iron stake;
thence South 71°39'31" West 168.27' to an iron stake;
thence South 84°26'12" West 67.16' to an iron stake;
thence North 78°23'55" West 66.91' to an iron stake;
thence North 59'37'15" West 72.95' to an iron stake;
thence North 38° 14'27" West 83.44' to an iron stake;
thence North 14°30'01 " West 78.01' to an iron stake;
thence North 06°00'32" East 82.92' to an iron stake;
thence North 29°44'02" East 84.57' to an iron stake;
which is the point of beginning,
having an area of 10.80 acres, more or less.
Conservation Easement Area 6
BEING ALL OF Conservation Easement Area 6 of the Dead Tree Site over a portion of the land
of Eureka -Etheridge Farms LLC (PIN No 4815377393) lying and being situated in No 6
Township, Edgecombe County, North Carolina and particularly described as follows (all
distances are ground distances unless otherwise noted):
Beginning at an iron stake (Point of Beginning) labeled as Point No. 222 and being the western
most corner of the Conservation Easement Area 6 and being located South 56°40'27" East
2265.17 feet from an iron pipe (Point No. 500) with N.C. Grid Coordinates N=857,401.9790,
36281440.M.26275 729799

Page 16 of 26
E=2,410,093.231 (NAD '83, 2011).
Thence from the Point of Beginning (Point No. 222), North 25016'28" East 102.90' to an iron
stake;
thence North 37°56'23" East 72.75' to an iron stake;
thence North 51°08'36" East 171.30' to an iron stake;
thence North 44°26'09" East 130.93' to an iron stake;
thence North 63°28'34" East 162.1 P to an iron stake;
thence North 70° 15' 11 " East 75.54' to an iron stake;
thence North 84°15'44" East 164.10' to an iron stake;
thence North 88°25'01" East 347.15' to an iron stake;
thence South 00°08'14" East 180.34' to an iron stake;
thence South 89°44'15" East 56.86' to an iron stake;
thence South 56°00'13" East 90.04' to an iron stake;
thence North 72°24'27" East 112.01' to an iron stake;
thence North 47°22'30" East 133.3 P to an iron stake;
thence North 16° 17'02" East 298.25' to an iron stake;
thence North 31°55'22" East 237.48' to an iron stake;
thence South 87°42'31" East 83.06' to an iron stake;
thence North 56'00'11" East 459.57' to an iron stake;
thence South 39°38'32" East 264.93' to an iron stake;
thence South 51°44'59" West 51.58' to an iron stake;
thence South 67°20'26" West 58.13' to an iron stake;
thence South 52°14'48" West 118.24' to an iron stake;
thence South 55°03'38" West 208.7 P to an iron stake;
thence South 62'58'17" West 115.1.8' to an iron stake;
thence South 24°10'49" West 215.52' to an iron stake;
thence South 20°00'22" West 111.13' to an iron stake;
thence South 30°21'04" West 79.37' to an iron stake;
thence South 37'54'19" West 86.47' to an iron stake;
thence South 5I°11'45" West 130.13' to an iron stake;
thence South 63°21'14" West 92.24' to an iron stake;
thence South 72°42'34" West 70.09' to an iron stake;
thence South 78°02'25" West 54.04' to an iron stake;
thence North 8715'29" West 92.73' to an iron stake;
thence North 72°58'27" West 125.37' to an iron stake;
thence South 77°59'32" West 83.87' to an iron stake;
thence North 82°57'07" West 72.16' to an iron stake;
thence South 71°43'22" West 119.57' to an iron stake;
thence South 83°48'48" West 96.66' to an iron stake;
thence South 89°33'57" West 1.03.13' to an iron stake;
thence South 46°47'46" West 105.75' to an iron stake;
thence South 52°30'01" West 107.07' to an iron stake;
thence South 25*31'33" West 102.74' to an iron stake;
thence North 56°26'53" West 419.35' to an iron stake;
which is the point of beginning,
having an area of 19.11 acres, more or less.
3628144 MB➢.26275.T29798

Page 17 of 26
Conservation Easement Area 7
BEING ALL OF Conservation Easement Area 7 of the Dead Tree Site over a portion of the land
of Eureka -Etheridge Fauns LLC (PIN No 4815377393) lying and being situated in No 6
Township, Edgecombe County, North Carolina and particularly described as follows (all
distances are ground distances unless otherwise noted):
Beginning at an iron stake (Point of Beginning) labeled as Point No. 321 and being the
southwestern most corner of the Conservation Easement Area 7 and being located North
82°21' 16" East 1913.41 feet from an iron pipe (Point No. 500) with N.C. Grid Coordinates
N=857,401.9790, E=2,410,093.231 (NAD'83, 2011).
Thence from the Point of Beginning (Point No. 321), North 28°39' 15" East 183.15' to a non-
monumented corner;
thence North 31 °34'54" East 219.57' to a non-monumented corner;
thence North 47'0t'17" East 31.32' to a non-monumented corner;
thence North 56°32'48" East 34.96' to a non-monumented corner;
thence North 67°35'33" East 118.87' to a non-monumented corner;
thence North 73 °06'05" East 43.00' to a non-momunented comer;
thence North 66°15'17" East 265.16' to a non-monumented comer;
thence North 45°17'49" West 142.16' to a non-monumented corner:
thence North 43°21'44" West 22.37' to a non-monumented corner;
thence North 39°16'27" West 53.77' to an iron stake;
thence North 61°27'09" East 15.57' to an iron stake;
thence North 61 °27'09" East 201.82' to an iron stake;
thence North 30"15'53" East 75.93' to an iron stake;
thence North 49°39'01 " East 41.30' to an iron stake, -
thence North 54'16'12" East 81.16' to an iron stake;
thence North 64°1 1'10" East 62.20' to an iron stake;
thence North 65°52'13" East 117.85' to an iron stake;
thence North 42°02'57" East 89.43' to an iron stake;
thence North 52°23'38" East 48.65' to an iron stake;
thence North 64°51'03" East 61.28' to an iron stake;
thence North 74°25'39" East 49.47' to an iron stake;
thence South 88°36'59" East 53.92' to an iron stake;
thence South 75°06'00" East 46.08' to an iron stake;
thence South 64°32'57" East 203.6i' to an iron stake;
thence South 72°05'50" East 248.22' to an iron stake;
thence South 67'10'44" East 1 14.14' to an iron stake;
thence South 53'50'09" East 152.25' to an iron stake;
thence South 42'55'26" East 208.40' to an iron stake;
thence South 38°31'01" East 48.93' to an iron stake;
thence South 27°54'23" East 84.57' to an iron stake;
thence South 50°22'58" East 60.85' to an iron stake;
thence South 29° 16'35" East 145.74' to an iron stake;
thence South 25°44'33" East 113.81' to an iron stake;
36281440.M 26275129798

Page 18 of 26
thence South 05°48'33" East 56.41' to an iron stake;
thence South 56°55'36" East 96.18' to an iron stake;
thence South 63'00' 16" East 79.67' to an iron stake;
thence South 58°50'25" East 132.10' to an iron stake;
thence South 43°52'41" East 62.06' to an iron stake;
thence South 55°20'42" West 2%90' to an iron stake;
thence North 59°05'02" West 333.04' to an iron stake;
thence North 22'1 F05" West 268.24' to an iron stake;
thence South 75°46'33" West 196.98' to an iron stake;
thence North 44°37'05" West 73.66' to an iron stake;
thence North 27°00'09" West 101.7l' to an iron stake;
thence North 47°28'45" West 59.60' to an iron stake;
thence North 43°22'49" West 47.77' to an iron stake;
thence North 37°06'01" West 51.81' to an iron stake;
thence North 49°46'58" West 46.25' to an iron stake;
thence North 72'14' 19" West 142.85' to art iron stake;
thence North 80'43'18" West 71.07' to an iron stake;
thence North 65°43'24" West 16722' to an iron stake;
thence Soutar 53°23'53" West 44.55' to an iron stake;
thence South 65°46'32" West 169.54' to an iron stake;
thence South 36'28'18" West 120.75' to an iron stake;
thence South 44°00'03" West 42.24' to an iron stake;
thence South 55°59'32" West 42.62' to an iron stake;
thence South 68°20'04" West 101.9l' to an iron stake;
thence South 56°43'41" West 85.76' to an iron stake;
thence South 65'49'24" West 150.91' to an iron stake;
thence South 66°44'04" West 214.49' to an iron stake;
thence South 71 °23'48" West 56.05' to an iron stake;
thence South 32°26'23" West 169.92' to an iron stake;
thence South 40' 11'42" West 42.50' to an iron stake;
thence South 46°27'14" West 48.38' to an iron stake;
thence South 59°59'51" West 47.91' to an iron stake;
thence South 73'03' 17" West 46.46' to an iron stake;
thence South 86°07'40" West 48.90' to an iron stake;
thence North 60'28'12" West 87.14' to an iron stake;
which is the point of beginning,
having an area of 24.38 acres, more or less.
Conservation Easement Area 8
BEING ALL OF Conservation Easement Area 8 of the Dead Tree Site over a portion of the land
of Eureka -Etheridge Farms LLC (PIN No 4815377393) lying and being situated in No 6
Township, Edgecombe County, North Carolina and particularly described as follows (all
distances are ground distances unless otherwise noted);
Beginning at an iron stake (Point of Beginning) labeled as Point No. 324 and being the southern-
most corner of the Conservation Easement Area 8 and being located North 66°50'31" East
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Page 19 of 26
2515.74 feet from an iron pipe (Point No. 500) with N.C. Grid Coordinates N=857,401.9790,
E=2,410,093.231 (NAD '83, 2011).
Thence from the Point of Beginning (Point No. 324), North 53°28'51" West 209.11' to an iron
stake;
thence North 29°43'48" West 79.20' to an iron stake;
thence North 16°19'58" West 246.94' to an iron stake;
thence North 42°01'55" East 294.37' to an iron stake;
thence North 31 °42'05" West 86.72' to an iron stake;
thence North 44°10'14" East 54.76' to an iron stake;
thence North 50014'07" West 126.07' to an iron stake;
thence North 509725" East 61.08' to an iron stake;
thence North 29°27'30" East 43.07' to an iron stake;
thence North 42°52'57" East 56.13' to an iron stake;
thence North 58°56'45" East 56.54' to an iron stake;
thence North 00°53'59" East 99.49' to an iron stake;
thence North 17°33'54" East 151.87' to an iron stake;
thence North 31 °40'32" East 57.53' to an iron stake;
thence North 13°33'21" East 130.23' to an iron stake;
thence South 72°16'38" East 267.04' to an iron stake;
thence South 16°36'38" West 365.60' to an iron stake;
thence South 69°56'19" East 199.6P to an iron stake;
thence South 02'27'33" West 113.30' to an iron stake;
thence South 20°28'03" West 52.63' to an iron stake;
thence South 31 °57'41 " West 47.88' to an iron stake;
thence South 49°03'28" West 107.56' to an iron stake;
thence South 5996'42" West 65.21' to an iron stake;
thence South 54°27'44" West 134.41' to an iron stake;
thence South 38°5T15" West 200.48' to an iron stake;
thence South 16°43'22" East 80.85' to an iron stake;
thence South 56°45'45" East 97.56' to an iron stake;
thence South 44'29' 19" East 167.51' to an iron stake;
thence South 61°27'09" West 195.42' to an iron stake;
thence South 61 °27'09" West 51.61' to an iron stake;
which is the point of beginning,
having an area of 10.60 acres, more or less.
Conservation Easement Area 9
BEING ALL 4F Conservation Easement Area 9 of the Dead Tree Site over a portion of the land
of Eureka -Etheridge Fanns LLC (PIN No 4815079630) lying and being situated in No 6
Township, Edgecombe County, North Carolina and particularly described as follows (all
distances are ground distances unless otherwise noted):
Beginning at an iron stake (Point of Beginning) labeled as Point No. 371 and being located South
09°23'53" East 2332.14 feet from an iron pipe (Point No. 500) with N.C. Grid Coordinates
N=857,401.9790, E=2,410,093.231 (NAD '83, 2011).
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Page 20 of 26
Thence from the Point of Beginning (Point No. 371), South 31 °38'22" West 588.64' to an iron
stake;
thence North 29°30'37" West 23.38' to an iron stake;
thence South 67°33'30" West 360.65' to an iron stake;
thence South 70°48'28" West 62.32' to an iron stake;
thence South 83°10'41" West 57.00' to an iron stake;
thence South 89°44'55" West 39.58' to an iron stake;
thence North 85'35' 11" West 284.88' to an iron stake;
thence North 86'26'16" West 192.03' to an iron stake;
thence North 82°55'57" West 107.24' to an iron stake;
thence North 70°33'36" West 154.97' to an iron stake;
thence North 19°57' 16" East 181.00' to an iron stake;
thence North 29°00'21" East 205.69' to an iron stake;
thence South 89°19'19" East 660.32' to an iron stake;
thence North 83 °50' 17" East 128.99' to an iron stake;
thence North 61°56'01" East 97.78' to an iron stake;
thence North 50'11'40" East 6I.02' to an iron stake;
thence North 29°03'17" East 42.78' to an iron stake;
thence North 68°58'27" East 24.93' to an iron stake;
thence North 73°52'15" East 50.15' to an iron stake;
thence North 81 °52' 12" East 31.30' to an iron stake;
thence North 87'38'25" East 47.44' to an iron stake;
thence South 86°11'09" East 25.45' to an iron stake;
thence South 79°19'38" East 34.45' to an iron stake;
thence North 59°37'45" East 79.84' to an iron stake;
thence North 63°41'35" East 25.85' to an iron stake;
thence North 70°38'28" East 25.53' to an iron stake;
thence North 77°50'57" East 55.67' to an iron stake;
thence North 47°3646" East 26.80' to an iron stake;
thence South 38°16'31" East 54.13' to an iron stake;
which is the point of beginning,
having an area of 12.98 acres, more or less.
Conservation Easement Area 10
BEING ALL OF Conservation Easement Area 10 of the Dead Tree Site over a portion of the
land of Eureka -Etheridge Farms LLC (PIN No 4815377393) lying and being situated in No 6
Township, Edgecombe County, North. Carolina and particularly described as follows (all
distances are ground distances unless otherwise noted):
Beginning at an iron stake (Point of Beginning) labeled as Point No. 371 and being the northern
most corner of the Conservation Easement Area 10 and being located South 09°23'53" East
2332.14 feet from an iron pipe (Point No. 500) with N.C. Grid Coordinates N=857,401.9790,
E=2,410,093.231 (NAD '83, 2011).
Thence from the Point of Beginning (Point No. 371), South 38° 16'31" East 38 L20' to an iron
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Page 21 of 26
stake;
thence South 59°14'46" West 268.45' to an iron stake;
thence South 02°07129" East 267.79' to an iron stake;
thence North 89°30'59" West 122.99' to an iron stake;
thence North 76'11'44" West 44.69' to an iron stake, -
thence North 59°02'10" West 47.58' to an iron stake;
thence North 47°03'01" West 51.47' to an iron stake;
thence North 34°39'14" West 45.80' to an iron stake;
thence North 29°30'37" West 108.08' to an iron stake;
thence North 31 °38'22" East 588.64' to an iron stake;
which is the point of beginning,
having an area of 4.15 acres, more or less.
Conservation Easement Area 11
BEING ALL OF Conservation Easement Area I 1 of the Bead Tree Site over a portion of the
land of Eureka -Etheridge Farms LLC (PIN No 4815377393) lying and being situated in No 6
Township, Edgecombe County, North Carolina and particularly described as follows (all
distances are ground distances unless otherwise noted):
Beginning at an iron stake (Point of Beginning) labeled as Point No. 396 and being the northern
most coiner of the Conservation Easement Area 11 and being located South 01°51'45" East
3450.10 feet from an iron pipe (Point No. 500) with N.C. Grid Coordinates N=857,401.9790,
E=2,410,093.231 (NAD '83, 2011).
Thence from the Point of Beginning (Point No. 396), South 33'05'31" East 178.99' to an iron
stake;
thence North 62'46'43" East 279.60' to an iron stake;
thence South 02'44'31" West 270.8F to an iron stake;
thence South 64°31'16" West 71.41' to an iron stake;
thence South 59°47' 19" West 79.35' to an iron stake;
thence South 61°49'14" West 236.17' to an iron stake;
thence North 62°46'41 " West 229.99' to an iron stake;
thence North 62°44'30" West 243.93' to an iron stake;
thence North 37°56'29" East 56.78' to an iron stake;
thence North 56°22'09" East 55.98' to an iron stake;
thence North 62°21'49" East 392.43' to an iron stake;
which is the point of beginning,
having an area of 4.80 acres, more or less.
Conservation Easement Area 12
BEING ALL OF Conservation Easement Area 12 of the Dead Tree Site over a portion of the
land of Eureka -Etheridge Farms LLC (PIN No 4815377393) lying and being situated in No 6
Township, Edgecombe County, North Carolina and particularly described as follows (all
distances are ground distances unless otherwise noted):
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Page 22 of 26
Beginning at an iron stake (Point of Beginning) labeled as Point No. 420 and being located South
04°56'46" East 3984.00 feet from an iron pipe (Point No, 500) with N.C. Grid Coordinates
N-857,401.9790, E=2,410,093.231 (NAD'83, 2011).
Thence from the Point of Beginning (Point No. 420), North 77°40'01" East 74.37' to an iron
stake;
thence South 779533" East 29.72'to an iron stake;
thence South 7795133" East 36.94, to an iron stake;
thence South 65°00'41 " East 63.50' to an iron stake;
thence South 46°35'26" East 75.99' to an iron stake;
thence South 20°35'36" East 125.87' to an iron stake;
thence South 170640" East 131.88' to an iron stake;
thence South 06°56'49" East 176.56' to an iron stake;
thence South 039053" East 194,14' to an iron stake;
thence South 059927" West 474.15' to an iron stake;
thence North 82°42137" West 414.47' to an iron stake;
thence North 06°10'43" East 430.06' to an iron stake;
thence North 05°02' 14" West 273.97' to an iron stake;
thence North 19°36'54" West 197.39' to an iron stake;
thence North 00°47'34" East 59.75' to an iron stake;
thence North 15' 1 G30" East 60.40' to an iron stake;
thence North 37°00'37" East 88.35' to an iron stake;
thence North 61 °51'l9" East 73.47' to an iron stake;
which is the point of beginning,
having an area of 10.59 acres, more or less.
ALL OF THE FOREGOING CONSERVATION EASEMENT AREAS as shown on plat of
survey titled "Conservation Easement for Restoration Systems, LLC, over a Portion of the Lands
of Barnes per D.B. 1677, Pg. 546 (PIN: 4805-77-7202), and Also, Craven, Kimball & Harris per
D.B. 1199 Pg. 287 (PIN; 4805-86-7153), and Also, Eureka Etheridge Farms, LLC per D.B.
1592, Pg. 804, Tracts 1, 2 & 3 (PIN(S): 4815-07-9630 & 4815-37-7393), No. 6 Township,
Edgecombe County, North Carolina" dated February 5, 2022, by K2 Design Group, and recorded
in Plat Cabinet 13, Pages 219 through 223, Edgecombe County Register of Deeds.
AND ALL SUCH CONSERVATION EASEMENT AREAS TOGETHER WITH those certain
new non-exclusive access easements labeled as "Access Easement 3", "Access Easement 4",
"Access Easement 6", "Access Easement 7", "Access Easement 8", "Access Easement 9",
"Access Easement 10", "Access Easement I I", and "Access Easement 12", all for ingress,
egress, and regress and all as shown and tnorc particularly described on the foregoing described
plat of survey recorded in Plat Cabinet 13, Pages 219 through 223, Edgecombe County Register
of Deeds.
1 Access Easement 5 was intentionally omitted.
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Page 23 of 26
EXHIBIT B
GRANTOR'S LAND DESCRIPTION OVER WHICH THE PROPERTY
(CONSERVATION EASEMENT) IS LOCATED
Lying and being situate in Edgecombe County, NC, and being more particularly described as follows_
TRACT 1.
That certain tract or parcel of land In No. 6 Township, Edgecombe County, North Carolina, situate on the northern
side of N.C. State Road 1423 near Its intersection with N.C. Highway 44, bounded on the North by Tracts Nos. 2
and 5 of Etheridge Division, on the East by Tract No. S. on the South by W.C. State Road 1423 and Tract No. 6 and
on the West by Tracts Nos. 2 and 3 of said Division, and being more particularly described as follows:
BEGINNING at a point In the center line of the N.C. State Road 1423, sold point being a corner of Tract No. 3 and
in the line of Tract No. 6 of the Etheridge Division, said point also being the following courses and distances, as
measured along the center line of N.C. State Road 1423, in an eastern direction, from the point of intersection of
the canter line of N.C. State Road 1423, if extended, with the center line of N.C. Highway 44; South 64 deg. 35 min.
East 1110.1 feet, South 84 deg. 35 min. East 113.0 feet, South 68 deg. 38 min. East 1494.9 feet, South 68 deg. 38
min. East 306.9 %st, South 58 deg. 36 min. East 231.5 feet to the beginning point; thence from the point of
beginning, with the line of Tract No. 3 of this Division, and also the center of a farm road North 23 deg. 48 min.
East 613.2 feet, North 34 deg. 20 min. East 260.0 feet, North 28 deg. 21 min. East 1040.9 feet, North 49 deg. 34 min.
East 22C3 feet, North 32 deg. 02 min. East 100.00 feet, North 20 dog.10 min. East 597.6 feet North 21 deg.18 min.
East 703.9 feet, North 19 deg. 26 min. East 539.8 feet, North 21 dsg. 30 min. East 445.0 feet, North 4 deg. 22 min.
East 100.0 feet to an Iron pipe at the northeast comer of Tract No. 3, thence continuing with center of said fart
road North 5 deg. 40 min. West 200.0 feet to an iron pipe, thence North 10 dog. 44 min. East 100.0 feet to an Iron
pipe, thence North 19 deg.10 min. East 240.0 feet, North 51 deg.13 min. East 100.0 feet, North 74 dag.17 min.
East 100.0 feet, North 75 deg. 36 min. East 100.0 feet, North 46 deg. 42 min. East 100.0 feet, North 18 deg. 06 min.
East 250.0 feet, North 28 deg.16 min. East 165.0 feel, North 44 deg. 52 min. East 50.0 feet, North 61 deg. 32 min.
East 50.0 feet to an iron pipe and North 85 deg. 46 min. East 88.0 feet to an iron pipe, a corner of Tract No. 5,
thence continuing along the center of said farm road and with the line of Tract No. 5, South 67 deg. 39 min. East
300.0 feel to an iron pipe, South 74 deg, 47 min. East 100.0 feat, South 78 deg. 56 min. East i00.0 feet, South 82
deg.14 ndn. East 100.0 feet, South 84 deg. 42 min. East 100.0 feet, North 88 deg. 39 min_ East 136.2 feet to an Iron
pipe and South 46 dog.15 min. East 320.0 foot to an iron pipe in said farm road, thence leaving said road and
continuing with the line of Tract No. 5, South 34 deg. 47 min. West 537.4 feet, South 29 deg.19 min. East 280.0
feet, South 23 dog. 03 min. East 260.0 feet, and South 53 deg. 05 min. East 265.0 feet to an iron pipe in the center
of another farm road, thence with the center of said other farm road, and continuing with the line of Tract No. 5,
South 41 deg. 20 min, West 259.E feet to an iron pipe, thence South 32 deg. 56 min. West 390.0 feet, thence South
34 deg. 58 min. West $00.0 feet, South 35 deg. 05 min. West 600.0 feet, South 36 deg. 65 min. West 200.0 feet,
South 34 deg. 06 min. West 400.9 feet, South 33 deg. 41 min. West 300.0 feet, South 35 deg. 39 min. West 250.0
feet, South 31 deg. 00 min. West 200.0 feet, South 33 deg. 39 min. West 400.0 feet and South 34 deg. 17 min. West
117.0 feet to an iron pipe in the intersection of two farm roads, thence South 35 deg. 45 min. West 16"1 feet to a
point in the center of N.C. State Road 1423. also a corner of tract No. 5 in the line of Tract No. 6, thence along and
with the center of N.C. State Road 1423 and the line of Tract No. 6, North 58 deg. 36 min. West 966.0 feet to the
point of beginning, and being Tract No. 4 of the Etheridge Division, containing 189.67 acres, Including .67 acre In
the right of way of N.C. State Road 1423, and being on map entitled "Peat Division of the 'Eureka Farm' belonging
to Heirs of Claude Etheridge, No. 6 Township, Edgecombe County, N.C., Scale 1" m SSW, December 8,1979", made
by Cyril C. Waters, Registered Surveyor, Roanoke Rapids, N.C., to which map reference Is hereby made.
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Page 24 of 26
TRACT 2:
That certain tract or parcel of land in No. 6 Township, Edgecombe County, North Carolina, situate on the
northern side of N.C. State Road 1423, near Its intersection with N. C. Highway 44, bounded on the North by
Fishing Creek, on the East by Fishing Creek, the Staten Land and Tract No. 6 of the Etheridge Division, on the
South by Tract Ne. S. the Melvin H. Smiley and Mary E. Smiley Home Lot and N.C. State Road 1423, and on the
west by Tracts Nos. 4 and 2 of said Division, beginning at a point in the center of State Road 1423, at the
southeastern corner of Tract No. 4 in the line of Tract No, 6, said point also being the following courses and
distances, as measured along the center line of N.G. State Road 1423, in an eastern direction, from the paint of
Intersection of the center line of N.C. State Road 1423, if extended, with the center line of N.C. Highway 44; South
84 deg. 35 min. East 1110.1 feet, South 84 deg. 35 min, East 113 fast, South 68 deg. 38 min. East 1494.9 feet, South
68 deg. 38 min. East 306.0 feet, South 58 deg. 30 min. East 231.5 feet and South 58 deg. 36 min. East 968.0 feet to
the beginning point, thence from the point of beginning with the line of Tract No. 4, North 35 deg. 45 min. East
1664A feet to an iron pipe at the Intersection of two farm roads, thence along and with the center of a farm road,
and the line of Tract No. 4, North 34 deg. 17 min. East 117.0 feet, north 33 deg. 39 min. East 400.0 feet, North 31
deg. 00 min. East 200.0 feet, North 35 deg. 39 min. East 250.0 feet, North 33 deg. 41 min. East 300.0 feet, North 34
deg. 06 min. East 400.0 feet to an iron at fhe intersection of two farm roads, thence continuing along and with the
center of a farm road, North 36 deg. 55 min. East 200.0 feet North 35 deg. 05 min. East 600.0 feet, North 34 deg. 58
min. East 500A feet, North 32 deg. 56 min. East 390.0 feet to an Iron pipe, thence North 41 deg. 20 min. East 259.6
feat to an iron pipe, thence leaving said faun road and continuing with the line of Tract No. 4, North 53 deg, 05
min. West 285.0 feet, North 23 deg. 03 min. West 260.0 feet, North 29 dog.18 min. West 290.0 feet, and North 34
deg. 47 min. East 537.4 feet to an Iron pipe in the center of a farm road, thence with the center of said farm road
North 46 dog.15 min. West 320.0 feet to an Iron pipe, South 88 deg. 39 min. West 136.2 feet, North 84 deg. 42 min.
West 100.0 feet, North 82 deg.14 min. West 100.0 feet, North 78 deg. 56 min. West 100 feet, North 74 deg. 47 min.
West 100A feat to an Iron pipe and North 67 deg. 39 min. West 300.0 feet to an iron pipe at the intersection of two
farm roads, in the line of Tract No. 2, thence along and with the canter of a farm road and the line of Tract No. 2,
North 37 deg.45 min. East 271.5 feet to an Iron pipe, North 27 deg. 01 min. East 162.0 feet, North 21 deg. 40 min.
East 137A fast, North 64 deg. 48 min. East 100.0 feat, South 83 deg. Si min. East 174.0 feet, North 55 deg. 34 min.
East $0.0 feet, North 26 deg. 41 min. East 100.0 feet, North 01 deg. 32 min. West 141,7 feet, North 30 deg. 25 min.
East 185.8 feet, North 15 deg. 00 min. East 100.0 feet, North %deg. 02 min. West 149.6 feet and North 2 deg, 06
min. West 714 feet, leaving said road and through a stake on the southern bank, to a point in the center of fishing
Creek, thence along, with, and down the approximate center of Fishing Creek as it flows on the southeastern
direction toward Tar River the following courses and distances. North 31 deg. 05 min. East 485 feet, South 73 deg.
30 min. East 175 feet, South 12 deg. 40 min. East 155 feet, South 9 deg. 30 min. West 240 feet, South 45 deg. 35
min. East 280 feet, South 13 dsg.10 min. West 185 feet, South 34 deg. 50 min. West 226 feet, South 36 deg. 05
min. East 126 feet, South 86 deg. 30 min. East 305 feet, South 56 deg. 10 min. East 160 feet, South 18 deg.15 min.
East 220 feet, South 48 deg. 20 min. East 136 feet, North 78 deg. 55 min. East 185 feet, North 89 deg. 30 min, (East
290 feet, South 58 deg. 30 min. East 195 feet, South 7 deg. 10 min. East 545 feet, South 4 deg. 05 min. West 135
feet, South 5 deg. 40 min. East 125 feet, South 74 deg. 05 min. East 490 feet, South 28 deg. 55 min, East 120 feet,
South 45 deg. 55 min. East 540 feet, South 88 deg. 05 min. East 290 feat. South 3 deg.16 min. West 150 feet,
South 38 deg. 40 min. West 225 feet, South 49 dog. 35 min. West 195 feet, South 23 deg. 05 min, West 85 feet,
South 45 deg. 40 min. East 140 Not, North 89 deg. 35 min, East 446 few, North 58 deg. 30 min. East 470 feet, North
19 deg. 55 min, East 245 feet, North 10 deg, 20 min. Fast 345 feet, North 12 deg. 10 min. West 270 feet, North 14
deg. 25 min. East 340 feet, North 89 deg. 05 min, East 170 feet, South 21 deg. 05 min. East 405 feet, South 62 deg.
40 min. East 29$ feet, South 21 deg. 0S min. East 90 fast, South 34 deg, 50 min West 140 feet, South 55 deg, 10
min. West 225 feet, South 36 deg. 50 min. East 155 feet and North 84 deg. 00 min. East 660 feet to a point on the
southern bank of Fishing Creek, also a corner of the Staten Land, thence with the Staten Line, also a ditched out
branch, South 22 deg. 55 min. West 355 feet, South 17 deg. 55 min. East 80 feet, South 6 deg.18 min. East 290.5
feet to a point In the center of said branch, also a comer of Tract No. 6, thence with the line of Tract No. S. South
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Page 25 of 26
86 deg.15 min. West 1771.3 feet to an iron pipe, thence South 16 deg. 56 min. West 355.7 feet to an iron pipe,
North 71 deg. 48 min. Wert 232.8 feet, North 53 deg. 28 min. West 100.0 feet, and North 36 deg.12 min. West 600.0
feet to an iron pipe, thence South 46 deg. 00 min. West 67.5 feet, to an iron pipe, South 17 deg. 21 min. East 156.6
feet, South 37 deg.12 min. West 470,4 feet, North 87 deg. 21 min. West 261 feet, South 77 deg. 55 min. West 220
feet, South 4 deg. 35 min. East 440 feet, South 45 deg. 40 min. West 195 feet, South 69 deg. 55 min. West 295 feet,
North 78 deg.10 min. West 215 feet, South 58 deg. IS min. West 230 feet, South 78 deg. 40 min. West 226 feet,
South 57 deg. 05 min. West 95 feet, South 43 dog. 21 min. East 245 feet, South 77 deg, 64 min. East 334 feet,
South 79 deg.19 min. East 169A feet. South 9 deg. 01 min. West 193.5 feat, South 87 deg. 35 min. West 386.5 feet,
South 73 dag. 55 min. West 146.5 feet. South 47 deg. 47 min. East 166.5 feet, South 53 deg. 53 min. West 200 feet
along a ditch, thence South 29 dog, 59 min. West 164.3 feet to an iron pipe in the oonter of a farm road, thence
with the center of the farm road South 52 deg. 02 min. East 401.0 feet to a point in said road, thence with a
pasture fence, South 64 dog. 20 min. Wert 608.1 feet to a fence post, thence South 25 deg. 48 min. West 326.0
feet, South 60 dog. 05 min. West 168.0 feet to an Iron pipe, thence South 77 deg. 24 min„ West 980.3 feet to an Iron
pipe, thence South 54 deg. 28 min. West 130.1 feet to an iron pipe, thence South 4 deg. 04 min. West 37.6 feet to a
point In the Una of the home lot of Melvin H. Smiley and wife, Mary E. Smiley, thence with said lot line North 64
tog_ 03 min. West 253.8 feet to an iron pipe, South 1 dag. 59 min. West 484.4 feet to an iron pipe, South 80 deg.19
min. East 126.3 feet to a point in the carder of 20 feet wide farm road running from the Smiley home lot to N.C.
State Road 1423, thence with the center of said road South 6 dog. 31 min. West 947.7 feet to a point in the center
of N.C. State Road 1423, theme with center of said road North 58 deg. 36 min. West 1079.0 feet to the point of
beginning and being Tract No. 5 of the Etheridge Division, containing 313.9$ acres including land with the creak
bed and the right of way of N.C. State Road 1423 and being shown on map entitled, "Plat Division of the 'Eureka
Farm' belonging to Hairs of Claude Etheridge, No. 6
Township, Edgecombe County, N.C., Scale 1" = 660, December 8,1979", made by Cyril C. Waters, Registered
Surveyor, Roanoke Rapids, N.C., to which map reference is hereby made.
TOGETHER WITH the right of ingress and egress over the farm roads or paths abutting said Tract No. 5 as shown
on said map of the "Eureka Farm" belonging to heirs of Claude Etheridge.
TRACT 3:
That certain tract or parcel of land in No. 6 Township, Edgecombe County, North Carolina, situate north and
south of N.C. State Road 1423 near its intersection with N.C. Highway 44, bounded on the North and West by
Tracts Nos 3, 4 and 5 of the Etheridge Division and the home lot of Melvin H. Smiley and wife, Mary E. Smiley, on
the East by Staten land and on the South by King Land and the land of Berry Pittman, Jr. and being more
particularly described as follows:
BEGINNING at a point In the canter of State Road 1423, at the southeastern comer of Tract No. 5, also the point
of intersection of the centerline of N.C. State Road 1423 and the centerline of the farm road, if extended, to the
home of Melvin H. Smiley and wife, Mary E. Smiley, said point also being the following courses and distances as
measured along the centerline of N.C. State Road 1423, in an eastern direction, from the point intersection of the
centerline of N.C. State Road 1423. if extended, with the centerline of N.C. Highway 44; South 84 deg. 35 min. East
1410.1 feet, South 84 deg. 35 min. East 113 feet, South 68 deg. 38 min. East 1494.9 feet, South 68 deg. 38 min. East
306.9 feet, South 58 deg. 36 min. East 231.5 feet, South 56 deg. 36 min. East 968.0 feet and South 58 dog. 36 min.
East 1079.0 feet to the beginning point, thence from the point of beginning along with the Una of Tract No. 5 and
the center of the farm road to the home of Melvin H. Smiley and wife, Mary E. Smiley, North 0 deg. 31 min. East
947.7 feet, thence with the line of the Smiley home lot, South 80dag.19 min. East 94.6 feet to an iron bar, thence
North 9 dog. 39 min. East 428.8 feet to an iron pipe, thence North 84 deg. 03 min. West 32.0 feet to a point, thence
continuing with the line of Tract No. 5, North 4 deg. 04 min. East 37.5 feet to an Iron pipe, thence North 64 deg. 28
3 628144 v3.JHB.26275. T29798

Page 26 of 26
min. East 130.1 feet to an Iron pipe, thence North 77 deg, 24 min. East 980.3 feat to an iron pipe, thence with a
pasture fence North 60 deg. 05 min. East 158.0 feet, North 25 deg. 48 min. East 326.0 feet to a fence post, thence
North 64 deg. 20 min. East 608.1 feet to a point in the center of a farm road, thence with the center of the farm
read North 52 deg. 02 min. West 481.0 feet to an Iron pipe, thence with a ditch, North 29 deg. 59 min. East 164.3
feat, North 53 deg. 53 min. East 200.0 feat, North 47 deg. 47 min, East 166.5 feet, North 73 deg. 65 min. East 146.5
fast, North 67 deg. 35 min. East 385.5 test, North 9 deg. 01 min. East 193,5 feet, North 79 deg.19 min. West 169A
lest, North 77 deg. 54 min. West 334 feat, North 43 deg. 21 min. West 245 foot, North 57 deg. 05 min. East 95 feet,
North 76 deg. 40 min, East 225 feet, North 58 deg.15 min. East 230 feet, South 78 deg.10 min. East 215 fast, North
69 deg. 55 min. East 295 feet, North 45 deg. 40 min. East 195 feet, North 4 deg. 35 min. West 440 feet, North 77
deg. 55 min. East 220 feet, South 87 deg. 21 min. East 261 feet, North 37 deg. f2 min. East 170.4 feet, North 17
deg. 21 min. West 155.E feet to an iron pipe, thence North 46 deg. 00 min. East 67.5 feet to an iron pipe, thence
South 36 deg.12 min. East 600.0 feet, South 53 deg. 28 min. East 100.0 feet, South 71 deg. 46 min. East 232.8 feet
to an iron pipe, thence North 16 deg. 56 min. East 355.7 feet to an iron
pipe thence North 85 deg,16 min. East 1771.3 feet to the centerline of a ditched out branch, also the Staton Land
Property line, thence along with said ditched out branch and the Staton line, South 0 deg, 35 min. Weal 174.9 feet,
South 40 deg. 40 min. West 212 feet, South 11 deg. 26 min. West 206 feet, South 34 deg. 55 min. West 164 feet,
South 3 deg. 25 min. West 217 feet, South 12 deg_ 25 min. East 67 feet, South 4 deg. 55 min. West 84 feet, South
27 deg. 25 min. West 151 feet, South 37 deg. 35 min. East 63 feet, South 53 deg. 30 min. East 26 feet, thence along
a dam ditch South 7 deg. 40 min. West 540 feet, South 36 deg.15 min. West 293 feet, South 68 deg. 55 min. West
686 feet, North 66 deg. 20 min. West 638 feet, South 49 deg. 35 min. West 50 feet to a branch, thence with said
branch South 83 deg.10 min. West 177 feet, North 65 deg. 05 min, West 119 feet, North 67 deg, 50 min. West 126
feet, North 61 deg. 30 min. West 86 feet to a point In sold branch, thence along a wire fence and hedgerow and the
Staton line, South 54 deg. 34 min. West 4804 feet to a point In the center of N.C. State Road 1423, thence
continuing along and with the Staton line and partly along a ditch, South 31 deg. 59 min. West 1119.5 feet to a
stake at the and of a ditch and In the King property line, thence along and with a hedgerow which Is the property
line with the King Land, North 63 deg. 24 min. West 54A feet, North 79 deg. 35 min. West 548 feet, and South 82
deg. 55 min. West 566 feet to a wire fence an or near a 404nch oak, a comer of the Barry Pittman, Jr. land, thence
with the line of Berry Pittman, Jr. and said fence North 84 deg. 37 min. West 1030.8 feet to a fence post In the
Pittman line, also a corner of Tract No, 3, thence with another wire fence and the line of Tract No. 3 North 10 deg.
46 min. East 2212.5 feet to a point in the center of N.C. State Road 1423, thence along and with the center of N.C.
State Road 1423, South 68 deg. 38 min. East 306.9 feet, South 58 deg. 36 min. East 231.5 feet, South 58 deg, 38
min. East 960.0 feet and South 58 deg. 36 min. 1079.0 feet to the point of beginning and being Tract No. 6 of the
Etheridge Division, containing 322.30 acres, including land within the right of way of N.C. State Road 1423, and
being shown on map entitled, "Plat Division of the 'Eureka Farm' belonging to Heirs of Claude Etheridge, No. 6
Township, Edgecombe County, N.C., Scale 1" = 660% December 8,1979", made by Cyril C. Water, Registered
Surveyor, Roanoke Rapids, N.C., to which map reference Is hereby made.
TOGETHER WITH the right of ingress and egress over the farm roads or paths abutting said Tract No. 6 as shown
on said map of the "Eureka Farm" belonging to heirs of Claude Etheridge.
Less and except: That portion of Tract 6 recorded In Dead Book 939, Page 636, on August 23,1983, and being
further described as.
That certain tract of land in No. 6 Township, Edgecombe County, North Carolina, located an the northeastern side
of State Road 1423, approximately one mile southeast of Its Intersection with N.C. highway 44, bounded on the
north and east by property of Melvin H. Smiley and wife, Mary E. Smiley, an the South by property of Mary Eleanor
Bass Howard and Spencer P. Bass, Jr. and on the West by State Road 1421 Beginning at an Iron pipe set in the
northeastern right-cfweay line of State Road 1423, which road Is 60 feet In width, said iron being in the line of the
Howard and Bass property and also being located North 57 deg. 28 min. East 32.51 feet from a nait set in the
centerline of said road, thence from the Iron at the beginning, along and with the northeastern right-of-way line
of State Road 1423, North 55 deg.12 min. West 100 feel to an iron pipe set In the right-claway line of said road,
cornering, thence North 57 deg. 28 min. East 367.44 feet to an iron pipe, cornering, thence North 32 deg. 32 min.
West 37.72 feet to an iron pipe, cornering, thence North 04 deg. 49 min. West 260 feet to an Iron pipe, cornering,
thence North 84 deg. 47 min, East 437.91 feet to an Iron pipe, comering, thence South 32 deg. 32 min. East 159.24
feet to an iron pipe set In a fence line, cornering, thence along and with said fence, also the Howard and Bass
property line, South 57 deg. 28 min, West 858.90 feet to the iron pipe In the northeastem right•of way line of State
Road 1423, the point of beginning, containing 3,85 acres, according to survey and plat entitled, "Surveyfor
Stanley W. Gamer and wife, Susan M. Gamer, No 6 Township, Edgecombe County, N.C., Survey & Map by
Kenneth D. Talbot, Registered Land Surveyor, Tarboro, North Carolina, Date: 2 August,1983, Scale: 1" a 100', to
wtdch reference Is hereby made. Also conveyed therewith is all right, title, interest and estate of the grantor in
and to the land shown on the above plat, containing .07 acre, which lies within right-of-way of State Road 1423.
3628144YIJBB.26275729798

Type: CONSOLIDATED REAL PROPERTY
Recorded: 5/31/2023 9:10:40 AM
Fee Amt: $46.00 Page 1 of 20
EDGECOMBE COUNTY, NORTH CAROLINA
Vila R. Anderson Register of Deeds
BK 1780 PG 649 - 668
Excise Tax: NTC
Prepared By: W. Judson Smith, Arrowhead Law, PLLC
Return After Recording to:
Attn: Barrett Jenkins
1101 Haynes St., Suite 211
Raleigh, NC 27604
Brief Description for the Index: Assignment of Conservation Easement recorded in
Book 1754, Page 1009
NORTH CAROLINA
EDGECOMBE COUNTY
ASSIGNMENT OF CONSERVATION EASEMENT
THIS ASSIGNMENT OF CONSERVATION EASEMENT (this "Assi n n ") is
made this 26 day of May 2023, by and between RESTORATION SYSTEMS, LLC, a
North Carolina limited liability company (the "Assi'o"), and NORTH CAROLINA
WILDLIFE HABITAT FOUNDATION, INC., a North Carolina nonprofit corporation (the
"Assignee").
The designation Assignor and Assignee 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, Assignor is a limited liability company whose purposes include the
conservation of property and is qualified to be the holder of a conservation easement
pursuant to N.C. Gen. Stat. § 121-3 5 et seq.;
WHEREAS, the Assignee is a nonprofit corporation, operated primarily for
conservation purposes, including protection of environmentally valuable and sensitive land
for charitable, scientific, educational, and aesthetic purposes and which is qualified to be
submitted electronically by "Arrowhead Law, PLLC"
in compliance with North Carolina statutes governing recordable documents
and the terms of the submitter agreement with the Edgecombe County Register of Deeds.

the grantee of a conservation easement pursuant to N.C. Gen. Stat. §121-34 et seq. and
Internal Revenue Code § 170(h);
WHEREAS, the Assignor is the Grantee of that Permanent Conservation Easement
(as amended, modified, or supplemented, the "Conservation Easement") dated March 30,
2022, granted by Carey Newsome Barnes, the Grantor thereof, being recorded in Book
1754, Page 1009, Edgecombe County Registry, affecting certain real property as
particularly described therein, and a true copy of which is attached hereto and incorporated
herein as Exhibit A;
WHEREAS, the Conservation Easement provides in Article VI, Section C that it
may be assigned to a qualified holder under N.C. Gen. Stat. §121-34 et seq. and Internal
Revenue Code § 170(h), provided that the assignee be required to continue in perpetuity the
conservation purposes set forth in the Conservation Easement;
WHEREAS, the Assignor wishes to assign and transfer to the Assignee all of its
rights, duties, obligations, and interests in the Conservation Easement, and the Assignee
wishes to accept such assignment and assume all of the rights, duties, obligations, and
interests set forth in the Conservation Easement; and
WHEREAS, the assignment set forth in this Assignment has as its primary purpose
the preservation of the real property as described in the Conservation Easement and the
furtherance of mitigation banking and restoration activities, and these activities are
intended to provide nutrient offsets for impacts permitted by the North Carolina Division
of Water Resources.
ASSIGNMENT AND ASSUMPTION
NOW, THEREFORE, for and in consideration of the sum of One Hundred Dollars
and 00/100 ($100.00) and for other good and valuable consideration, the receipt and legal
sufficiency of which is hereby acknowledged, Assignor hereby unconditionally and
irrevocably assigns, transfers, and conveys unto Assignee, its heirs, successors and assigns,
forever and in perpetuity the Conservation Easement of the nature and character and to the
extent set forth therein, together with the right to preserve and protect the conservation values
thereof, and the Assignee hereby accepts this Assignment unto itself, its heirs, successors and
assigns, forever and in perpetuity, represents and warrants that it is a qualified holder of the
Conservation Easement pursuant to N.C. Gen. Stat. §121-34 et seq. and Internal Revenue
Code § 170(h), that it assumes all of the rights, duties, obligations, and interests and
covenants and agrees to continue in perpetuity the conservation purposes set forth in the
Conservation Easement and otherwise is bound by the terms thereof.
IN TESTIMONY WHEREOF, Assignor and Assignee have hereunto set their hands
and seals, on the day and year first above written.
[SIGNATURESAPPEAR ONFOLL0WING PAGES]

ASSIGNOR:
RESTORATION SYSTEMS, LLC,
a North Carolina limited liability company
By:
N c:
Title:
b4,6e-
STATE OF k) Ci
COUNTY OF w,,ke, _
I certify that the following person personally appeared before me this day and acknowledged
that he/she is the I ' e of Restoration Systems, 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:
Witness my hand and official stamp or seal, this Zk ay of /" «y% , 2023.
N C A N h�,9''•,
[SEAL-2,
pUB���' '2v:
�F C 0 UN�
,Signature of Notary I7ubl-
1494, 1)Kn w
Printed Name of Notary Public
My commission expires: ! (-Y!!� 4- .

ASSIGNEE:
NORTH CAROLINA WILDLIFE
HABITAT FOUNDATION, INC.,
a North Carolina nonprofit corporation
Name: CRZ5?;g4 `1- Ci2wi�/
Title: �' ta,`�` ti-, 4/C G✓H,01�--
STATE OF
COUNTY OF
I certify that the following person personally appeared before me this day and acknowledged
that he/she is the CjnG t r ft1iX 1!N of North Carolina Wildlife Habitat
Foundation, Inc., 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:
s
Witness my hand and official stamp or seal, this 36f"day of
vNCA/V
[SEAL] 'OTA)Z
AVSL,G '�C.}
W
Printed Name of Notary Public
2023.
My commission expires: 6l ^[ S ' 7-6

EXHIBIT A
Conservation Easement
[Attached hereto]

Page 1 of 15
Type: CONSOLIDATED REAL PROPERTY
Recorded: 4/5/2022 2:50:59 PM
Fee Amt: $519.00 Page 1 of 15
Revenue Tax: $493.00
EDGECOMBE COUNTY, NORTH CAROLINA
Vila R. Anderson Register of Deeds
BK 1754 PG 1009 - 1023
This certifies that there are no delinquent ad valorem real estate taxes, which The
Edgecombe County Tax Collector is charged with collecting, that are a lien on:
Pin No. 480577720200
Excise Tax $ 493.00
PREPARED BY: Manning, Fulton & Skinner, PA (Joseph B. Bass III) — WITHOUT TITLE
EXAMINATION BY MANNING FULTON
RECORDING REQUESTED BY
AND WHEN RECORDED MAIL TO:
Restoration Systems, LLC
Attu: Mr. Barrett Jenkins
1101 Haynes St. Suite 211
Raleigh, NC 27604
PERMANENT CONSERVATION EASEMENT
THIS PERMANENT CONSERVATION EASEMENT ("Conservation Easement") is
made this 3 3ay of March, 2022, by and between Carey Newsome Barnes, widower, a natural
person residing in Halifax County, North Carolina (hereinafter referred to as "Grantor") and
Restoration Systems, LLC, a North Carolina limited liability company (hereinafter referred to as
"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 approximately thirty-five and hventy-hundredths
(35,20) acres of real property situated, lying, and being in Edgecombe County, North Carolina,
more particularly described on Exhibit A attached hereto and incorporated herein (the "Property"),
which such Property is located over and upon that certain larger tract of land owned in fee simple
by Grantor and described on Exhibit B ("Grantor's Land");
WHEREAS, Grantee is a North Carolina limited liability company whose purpose is the
conservation of property and who is qualified to be the grantee of a conservation easement under
N,C. Gen. Stat.§ 121-35;
submitted electronically by "Manning Fulton & skinner, P.A."
in compliance with North Carolina statutes governing recordable documents
and the terms of the submitter agreement with the Edgecombe county Register of Deeds.

Page 2 of 15
WHEREAS, Grantor and Grantee recognize the conservation, scenic, natural, or aesthetic
value of the Property in its natural state, which includes the following natural communities:
unnamed tributaries, open field ditches, and the adjacent riparian resources and similar resources.
The purpose of this Conservation Easement is to restore and maintain riparian resources, aquatic
and ecological resources, and other natural values of the Property and to prevent the use or
development of the Property for any purpose or in any manner that would conflict with the
maintenance of the Property in its natural condition; and
WHEREAS, the preservation of the Property is required by Grantee's Dead Tree Umbrella
Nutrient Offset Banking Instrument in the Tar -Pamlico River Basin (the "NOBI") (NCDWR
#2020-1937v3 that was approved bythe North Carolina Division of Water Resources ("NCDWR")
on November 10, 2021. The NOBI is between Grantee, acting as the "Bank Sponsor", and
NCDWR. The use of the Property in accordance with this Conservation Easement is to restore the
Property to a natural vegetated condition as provided in and specified in the Dead Tree A and B
Bank Parcel Development Packages (the "BPDP") which was approved by NCDWR on November
16 and November 10, 2021. The approval of the NOBI and the BPDP allow Grantee to establish
the Dead Tree A and B Bank Parcels on the Property (the "Mitigation Bank"). The Mitigation
Bank is intended to provide nutrient offsets for impacts permitted by NCDWR due to development
(both existing and proposed) within restricted areas of the Tar -Pamlico River Basin. Grantor and
Grantee agree that third -party rights of enforcement shall be held by NCDWR, to include any
successor agencies, and that such rights are in addition to, and do not limit, the rights of Grantee
to comply with its NOBI and its BPDP with the NCDWR.
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 are hereby acknowledged, Grantor hereby unconditionally and irrevocably grants and
conveys unto Grantee, its heirs, successors, and assigns, in perpetuity, a Conservation Easement
of the nature and character and to the extent hereinafter set forth, over the Property described on
Exhibit A, together with the right to preserve and protect the conservation values thereof and with
a right of access, as follows:
ARTICLE I.
DURATION OF EASEMENT; AREA OF EASEMENT
This Conservation Easement, including all appurtenant rights set forth herein, shall be
perpetual. This Conservation Easement, including all appurtenant rights set forth herein, 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.
3626612v3..rBB.26275.T 29798
ARTICLE 11.

Page 3 of 15
PROHIBITED AND RESTRICTED ACTIVITIES
Any activity on, or use of, the Property inconsistent with the purpose of this Conservation
Easement is prohibited. The Property shall be preserved in its natural condition and restricted from
any development that would impair or interfere with the conservation values of the Property.
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 Property or any introduction of non-native plants 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 Property.
C. Industrial, Commercial., and Residential Use. Industrial, residential, and commercial
activities, including any right of passage for such purposes, are prohibited.
D, Agricultural, Grazing, and Horticultural Use. Agricultural, grazing, animal husbandry,
and horticultural use on, over, upon, or within the Property are prohibited.
E. Vegetation. There shall be no removal, burning, destruction, harming, cutting, or mowing
of trees, shrubs, or other vegetation from, on, or in the Property, 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 (5)
consecutive years from the date on page 1 of this Property, except where mowing will negatively
affect vegetation or disturb soils. Mowing activities shall only be performed by Grantee and shall
not violate any part of Item L of Article II or extend beyond five (5) years from the date on page
1 of this Conservation Easement.
F. Roads and Trails. There shall be no construction of roads, trails, or walkways on, over,
or upon the Property nor enlargement or modification to existing roads, trails, or walkways.
G. Signage. No signs shall be permitted on or over the Property, except the posting of no
trespassing signs, signs identifying the conservation values of the Property, signs giving directions
or proscribing rules and regulations for the use of the Property, or signs identifying Grantor as
owner of the Property.
H. Dumping or Storage. Dumping or storage of soil, trash, ashes, garbage, waste, abandoned
36266 € 20.3B©26275729798

Page 4 of 15
vehicles, appliances, machinery, hazardous substances, or toxic or hazardous waste, or any
placement of underground or aboveground storage tanks or other- materials on the Property 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 Property, except to
restore natural topography or drainage patterns.
J. Water Quality 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 Property 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 under a transferable development rights scheme
or cluster development arrangement or otherwise.
L. Vehicles. The operation of mechanized vehicles, including, but not limited to,
motorcycles, dirt bikes, all -terrain vehicles, cars, and trucks is prohibited on, over, upon, or within
the Property, other than for temporary or occasional access by Grantee, its employees, contractors,
agents, successors, assigns, and NCDWR for purposes of constructing, maintaining, or monitoring
the restoration of riparian areas within the Property.
M. Other Prohibitions. Any other use of, or activity on, over, and upon, the Property which
is or may become inconsistent with the purposes of this grant, the preservation of the Property
substantially in its natural condition, or the protection of its environmental systems is prohibited_
ARTICLE III.
GRANTOR'S RESERVED RIGHTS
Grantor expressly reserves for itself, its personal representatives, heirs, successors, and assigns,
the right to continue the use of the Property for all purposes not inconsistent with this Conservation
Easement, including, but not limited to, the right to quiet enjoyment of the Property, the rights of
ingress and egress, the right to hunt, fish, and hike on the Property, the right to sell, transfer, gift,
or otherwise convey the Property, in whole or in part, provided such sale, transfer, or gift
conveyance is subject to the terns of, and specifically references, this Conservation Easement.
3626612v3.JB13.26275.1729798

Page 5 of 15
Notwithstanding the foregoing restrictions set forth in Article 11 above and otherwise in this
instrument, Grantee reserves for itself acting as the Bank Sponsor, its successors and assigns, the
right to construct a Mitigation Bank and to perform activities related to the restoration of riparian
areas within the Property in accordance with the approved NOBI and corresponding BPDP.
ARTICLE IV.
GRANTEE'S RIGHTS; ACCESS EASEMENT
Grantee and its authorized representatives, employees, agents, successors, assigns, and NCDWR,
shall have the right to enter the Property (including access over Grantor's Land) at all reasonable
times for the purpose of inspecting said Property to determine if Grantor or its personal
representatives, heirs, successors, or assigns are complying with the terms, conditions, restrictions,
and purposes of this Conservation Easement. Grantee shall also have the right to enter and go upon
the Property for purposes of making scientific or educational observations and studies and taking
samples. The easement rights granted herein do not include public access rights.
Accordingly Grantor hereby grants and conveys unto Grantee, its authorized
representatives, employees, agents, successors, assigns, and NCDWR a perpetual, non-exclusive
easement for ingress and egress over and upon Grantor's Land at all reasonable times and at the
location more particularly described on Exhibit A ("Access Easement") attached hereto and
incorporated herein by this reference, to access the Property for the purposes set forth herein. This
grant of easement shall not vest any rights in the public and shall not be construed as a public
dedication of the Access Easement. Grantor covenants, represents, and warrants that it is the sole
owner of and is seized of Grantor's Land in fee simple and has the right to grant and convey this
Access Easement.
ARTICLE V.
ENFORCEMENT AND REMEDIES
A. To accomplish the purposes of this Conservation Easement, Grantee and the NCDWR
are allowed to prevent any activity, on or use of, the Property that is inconsistent with the purposes
of this Conservation Easement and to require the restoration of such areas or features of the
Property 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 Grantee, Grantee shall notify
Grantor in writing of such breach. Grantor shall have thirty (30) days after receipt of such notice
to correct the conditions constituting such breach. If the breach remains uncured after thirty (30)
days, Grantee may enforce this Conservation Easement by appropriate legal proceedings including
claims for damages and injunctive and other legal and equitable relief. Notwithstanding the
3 6266120 J6B.26275. T29798

Page 6 of 15
foregoing, Grantee reserves the immediate right, without notice, to obtain a temporary restraining
order or injunctive or other appropriate relief if the breach of this Conservation Easement is or
would irreversibly or otherwise materially impair the benefits to be derived from this Conservation
Easement. Grantor and Grantee acknowledge that under such circumstances damage to Grantee
would be irreparable and remedies at law will be inadequate. The rights and remedies of Grantee
provided hereunder shall be in addition to, and not in lieu of, all other rights and remedies available
to Grantee in connection with this Conservation Easement. The costs of a breach, correction, or
restoration, including Grantee's expenses, court costs, and reasonable attorneys' fees, shall be paid
by Grantor, provided Grantor is determined to be responsible for the breach. NCDWR shall have
the same tight to enforce the terms and conditions of this Conservation Easement as Grantee.
B. No failure on the part of Grantee 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 to Grantee 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 to
bring any action against Grantor for any injury or change in the Property resulting from causes
beyond Grantor's control, including, without limitation, fire, flood, storm, war, acts of God or third
parties, except Grantor's lessees, agents, contractors, 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 Property resulting from such causes.
ARTICLE VI.
MISCELLANEOUS
A. Warranty. Grantor warrants, covenants, and represents that it owns the Property in fee
simple, that Grantor owns all interests in the Property which may be impaired by the granting of
this Conservation Easement, and that there are no outstanding mortgages, tax liens, encumbrances,
or other interests in the Property which have not been expressly subordinated to this Conservation
Easement. Grantor also warrants that Grantee shall have the use and enjoyment of 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 whatsoever.
B. Subsequent Transfers. 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
Property. Grantor agrees to provide written notice of such transfer to Grantee at least thirty (30)
days before the date of the transfer. Grantor and Grantee agree that the terns of this Conservation
Easement shall survive any merger of the fee and easement interests in the Property or any portion
thereof and shall not be amended, modified, or terminated without the prior written consent and
approval ofNCDWR.
3626612v3,.TBB.26275.T29793

Page 7 of 15
C. Assignment. The parties recognize and agree that the benefits of this Conservation
Easement are in gross and assignable; provided, however, that 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 under N.C. Gen. Stat. § 121-34, et seq. and § 170(h)
of the Internal Revenue Code, and Grantee also covenants and agrees that the terns 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 Severabihty. The combined NOBI with corresponding BPDP and
this instrument set forth the entire agreement of the parties with respect to the Conservation
Easement and supersedes 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 except those incurred after the date hereof and
which are expressly subject and subordinate to the Conservation Easement. 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 Grantor of the obligation to comply with federal, state, or local laws, regulations, and
permits that may apply to the exercise of Grantor's reserved rights set forth in Article III.
F. Extinguishment. In the event that changed conditions render impossible the continued
use of the Property for the conservation purposes, this Conservation Easement may only be
extinguished, in whole or in part, by judicial proceeding.
G. Eminent Domain. Whenever all or part of the Property 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.
H. Eminent Domain Proceeds. This Conservation Easement constitutes a real property
interest immediately vested in Grantee. In the event that all or a portion of this Property 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. The
parties stipulate that the fair market value of this Conservation Easement shall be determined by
multiplying the fair market value of the Property unencumbered by this Conservation Easement
(minus any increase in value after the date of this grant attributable to improvements) by the ratio
of the value of this Conservation Easement at the time of this grant to the value of the Property
3626612v3.JB B.26275.T29798

Page 8 of 15
(without deduction for the value of this Conservation Easement) at the time of this grant. The
values at the time of this grant shall be the values used, or which would have been used, to calculate
a deduction for federal income tax purposes, under Section 170(h) of the Internal Revenue Code
(whether eligible or ineligible for such a deduction). Grantee shall use its share of the proceeds in
a manner consistent with the purposes of this Conservation Easement.
1. 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 in accordance with
this Paragraph):
To Grantor:
Carey Newsome Barnes
41 Longstreet Road
Weldon, NC 27890
To Grantee:
Restoration Systems, LLC
1101 Haynes Street
Suite 211
Raleigh, NC 27604
Attn: Mr, Barrett Jenkins
To NCDEO -DWR:
NCDEQ — Division of Water Resources
401 & Buffer Permitting Branch
1617 Mail Service Center
Raleigh, NC 27699-1617
J. 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 in accordance with
this Conservation Easement, then Grantee's interest shall become vested in another qualified
grantee in accordance with an appropriate proceeding in a court of competent jurisdiction.
K. 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 Grantee under any applicable laws and provided such
amendment is consistent with the conservation purposes of this grant.
3626612v3JBB26273.T29793

Page 9 of 15
i.. Present Condition of the Property. The wetlands, scenic, resource, environmental, and
other natural characteristics of the Property, and its current use and state of improvement, are
described in the BPDP, prepared by Grantee acting as the Bank Sponsor for the BPDP. The BPDP
is acknowledged by Grantor to be complete and accurate as of the date hereof Grantor has copies
of the BPDP. The BPDP will be used by the parties to assure that any future changes in the use of
the Property will be consistent with the terms of this Conservation Easement. However, the BPDP
is not intended to preclude the use of other evidence to establish the present condition of the
Property if there is a controversy over its use.
TO HAVE AND TO HOLD the said rights and easements perpetually unto Grantee for the
aforesaid purposes.
[Remainder of page left intentionally blank; signatures follow.]
3626612v.M26275.1"29798

Page 10 of 15
IN TESTIMONY WHEREOF, Grantor has hereunto set its hand and seal, the day and
year first above written.
GRANTOR:
[SEAL]
Carey"Newsome Barnes
STATE OF NORTH CAROLINA
COUNTY OF Nct1,
I, Inc,, �IJd r {)t; �e { 8 v-,- , a Notary Public of the aforesaid County and State,
certify that Carey Newsome Barnes personally came before me this day and acknowledged that he
or she signed the foregoing instrument.
WITNESS my hand and official seal, this the .1b 4>-- day of mq✓r:j-- 20
NOTAVY PUBLIC
My Cornnrission Expires:
AGREED AND ACCEPTED BY GRANTEE:
Restoration Systems, LLC, a North Carolina limited liability company
By: _
Name:
Title:
STATE OF NORTH CAROLINA
COUNTY OF
[SEAL]
I certify that the following person personally appeared before me this day, acknowledging
to me that _ signed the foregoing document as the duly authorized signatory for Restoration
Systems, LLC:
WITNESS my hand and official seal, this day of , 20_
36266120.MR, 26275.T29798
NOTARY PUBLIC
My Commission Expires:
10

Page 11 of 15
IN TESTIMONY WHEREOF, Grantor has hereunto set its hand and seal, the day and
year first above written.
GRANTOR:
[SEAL]
Carey Newsome Barnes
STATE OF NORTH CAROLINA
COUNTY OF
I, , a Notary Public of the aforesaid County and State,
certify that Carey Newsome Barnes personally came before me this day and acknowledged that he
or she signed the foregoing instrument.
WITNESS my hand and official seal, this the day of , 20
NOTARY PUBLIC
My Commission Expires:
AGREED AND ACCEPTED BY GRANTEE:
Restoration Systems, LLC, a North Carolina limited liability company
By:
Name: 1 --- /,�,� =:Y
Title/
STATE OF NORTH CAROLINA
COUNTY OF
I certify that the following person personally appeared before me this day, acknowledging
to me that signed the foregoing document aq the duly authorized signatory for Restoration
Systems, LLC: } J U"GI I 1
WITNESS my hand and official seal, this 0(�'"day of ar , 202s--
`,l�t111111I���
� r �
�CaEN•
OTARYnnPUB ILIIC n
OVARY mN ; My Commission Expires:
IrNt' :Z=
y '• 362bE3,,&2Q IZ098 10
75GO

Page 12 of 15
EXHIBIT A
PROPERTY DESCRIPTION
(CONSERVATION EASEMENT AREA AND ACCESS EASEMENT DESCRIPTION)
Conservation Easement Area 1
BEING ALL OF Conservation Easement Area I of the Dead Tree Site over a portion of the land
of Carey Newsome Barnes (PIN No 4805777202) lying and being situated in No 6 Township,
Edgecombe County, North Carolina and particularly described as follows (all distances are
ground distances unless otherwise noted):
Beginning at an iron stake (Point of Beginning) labeled as Point No. 51 and being located South
62°00'13" West 2527.10 feet from an iron pipe (Point No. 500) with N.C. Grid Coordinates
N=857;401.9790, E=2,410,093.231 (NAD '83, 2011).
Thence fi-onr the Point of Beginning (Point No. 51), South 38°35'50" West 1739.30' to an iron
stake;
thence North 78°01'01" West 177.83' to an iron stake;
thence North 05°07'55" East 68.74' to an iron stake;
thence North 28°38'29" East 64.29' to an iron stake;
thence North 37'34'29" East 486.84' to an iron stake;
thence North 88° 10'54" West 246.22' to an iron stake;
thence North 83° 19'32" West 82.15' to an iron stake;
thence North 73°56'15" West 145.89' to an iron stake;
thence North 60°21'20" West 122.85' to an iron stake;
thence South 88°13'53" West 182.8l' to an iron stake;
thence North 80*47' 11 " West 262,94' to an iron stake;
thence South 83*11'47" West 201.1 T to an iron stake;
thence North 04°42'12" East 107.50' to an iron stake;
thence North 04'42' 12" East 137.17' to an iron stake;
thence North 32° 1 T l 8" East 25.08' to a non-monumented corner,
thence Noah 26°38'26" East 52.74' to a non-monumented corner;
thence North 29°05'25" East 51.49' to a non-monumented corner;
thence North 29°21'20" East 131.9l' to a non-monumented corner;
thence North 29°05'36" East 9.89' to a non-monumented confer;
thence North 29°05'36" East 99.1 P to a non-monumented corner-,
thence North 28°05'57" East 87.76' to a non-monumented corner;
thence North 3391'44" East 86.29' to a non-monumented corner;
thence North 53°43'57" East 25.96' to a non-monumented corner;
thence North 42°58'37" East 100.1 T to a non-monumented corner;
thence North 27°49'47" East 101.48' to a non-monumented corner;
thence North 42°23'45" East 59.93' to a non-monumented corner;
thence North 46°20'30" East 66.20' to a non-monumented corner;
thence North 45' 12' 17" East 47.56' to a non-monumented corner;
362661 W.M.26275.T29798

Page 13 of 15
thence North 59°00'35" East 109.74' to a non-monumented comer;
thence North 75°23122" East 97.94' to a non-monumented comer;
thence North 64°41'29" East 199.26' to a non-monumented corner;
thence North 48°52'48" East 74.96' to a non-monumented corner;
thence North 17°56'36" East 236.89' to a non-monumented corner;
thence North 17°27'55" East 385.63' to a non-monumented comer;
thence North 17°37'31 " East 220.94' to a non-monumented corner;
thence North 17°23'20" East 71.21' to a non-monumented corner;
thence North 17°23'20" East 202.06' to a non-monumented corner;
thence North 18°35'13" East 132.47' to a non-monumented comer;
thence North 17°54146" East 49.46' to a non-monumented coiner;
thence South 63°27'58" East 65.50' to an iron stake;
thence South 45°00'00" East 65.19' to an iron stake;
thence South 27°10'32" East 65.57' to an iron stake;
thence South 08°44'36" East 69.38' to an iron stake;
thence South 11'42'23" West 49.20' to an iron stake;
thence South 17°32'46" West 243.31' to an iron stake;
thence South 17°38'32" West 887.90' to an iron stake;
thence South 32°28'47" West 55.57' to an iron stake;
thence South 50°40'26" West 142.80' to an iron stake;
thence South 64°39'47" West 235.31' to an iron stake;
thence South 74'46'13" West 93.34' to an iron stake;
thence South 59°09'44" West 50.80' to an iron stake;
thence South 44°03'30" West 112.04' to an iron stake;
thence South 29°1 T40" West 85.60' to an iron stake;
thence South 39°38'07" West 93.56' to an iron stake;
thence South 43°53'08" West 78.89' to an iron stake;
thence South 29053'02" West 169.82' to an iron stake_;
thence South 79°27'46" East 138.84' to an iron stake;
thence North 86°04141 " East 92.01' to an iron stake;
thence South 87°4751" East 112.93' to an iron stake;
thence South 82°08'02" East 33.30' to an iron stake;
thence South 71°33'54" East 30.88' to an iron stake;
thence South 65°43'36" East 199.02' to an iron stake;
thence South 76°20'25" East 56.06' to an iron stake;
thence North 87°04'36" East 102.13' to an iron stake;
thence North 02'21'41" East 63.20' to an iron stake,
thence North 08'39'09" East 40.39' to an iron stake;
thence North 21 °01'07" East 47.19' to an iron stake;
thence North 34° 10'56" East 49.06' to an iron stake;
thence North 49°05'58" East 45.08' to an iron stake;
thence North 59°56'39" East 44.63' to an iron stake;
thence North 72°28'28" East 43.24' to an iron stake;
thence North 85°25'28" East 41.75' to an iron stake, -
thence South 86°00'28" East 41.60' to an iron stake;
thence South 72°41'58" East 41.60' to an iron stake;
thence South 62°20'21" East 35.53' to an iron stake;
3626612v3.JBB26275.T29 798

Page 14 of 15
thence South 51°45'33" East 41.72' to an iron stake;
thence South 39°22'31 " East 40.71' to an iron stake;
thence South 28°24'29" East 39.23' to an iron stake;
thence South 2091'03" East 37.77' to an iron stake;
thence South 08° 10'05" East 46.20' to an iron stake;
thence South 07°03'21" West 59.36' to an iron stake;
thence South 82°01'34" East 45.05' to an iron stake;
thence North 38°29'34" East 474.46' to an iron stake;
thence North 47°48'43" East 44.26' to an iron stake;
thence North 59°23'34" East 60.84' to an iron stake;
thence North 78°48'25" East 73.66' to an iron stake;
thence South 81 °32'43" East 70.59' to an iron stake;
thence South 61°12'59" East 77.19' to an iron stake;
which is the point of beginning,
having an area of 35.20 acres, more or less.
THE FOREGOING CONSERVATION EASEMENT AREA as shown on plat of survey titled
"Conservation Easement for Restoration Systems, LLC, over a Portion of the Lands of Bames
per D.B. 1677, Pg. 546 (PIN: 4805-77-7202), and Also, Craven, Kimball & Harris per D.B.
1199 Pg. 287 (PIN: 4805-86-7153), and Also, Eureka Etheridge Farms, LLC per D.B. 1592, Pg.
804, Tracts 1, 2 & 3 (PIN(S): 4815-07-9630 & 4815-37-7393), No_ 6 Township, Edgecombe
County, North Carolina" dated. February 5, 2022, by K2 Design Group, and recorded in Plat
Cabinet 13, Pages 219 through 223, Edgecombe County Register of Deeds.
AND SUCH CONSERVATION EASEMENT AREA TOGETHER WITH that certain new non-
exclusive access easement labeled as "Access Easement I", for ingress, egress, and regress and
as shown and more particularly described on the foregoing described plat of survey recorded in
Plat Cabinet 13, Pages 219 through 223, Edgecombe County Register of Deeds.
3626612 v3.7B B26275.T29798

Page 15 of 15
EXHIBIT B
GRANTOR'S LAND DESCRIPTION OVER WHICH THE PROPERTY (CONSERVATION
EASEMENT) IS LOCATED
Lying and being situate in Edgecombe County, NC, and being more particularly described as follows:
All that certain tractor parcel of land lying and being situate in Number Six Township, Edgecombe
County, North Carolina, fronting at the northeastern intersection of the center lines of N.C. State
Highway No. 44 and N.C. State Road 1423 if extended and more particularly shown and designated as
Tract No. TWO (2), containing 284.13 acres, including land within the creek bed and right of way on
N.C. State Road 1423, on that certain map entitled, "Plat Showing Division of the 'Eureka Farm'
belonging to Heirs of Claude Etheridge, No. 6 Township, Edgecombe County, N.C.", prepared by
Cyril C. Waters, Registered Surveyor, under date of December 8, 1979, and recorded in Plat Cabinet
1, slide 30-B, Edgecombe County Public Registry; and being identical real property conveyed unto
Rebecca Ann Etheridge Barnes, Trustee, or successor Trustee, under the Rebecca Ann Etheridge
Barnes Revocable Trust dated the 23rd day of September, 2005, by deed of Rebecca Ann Etheridge
Barnes and spouse, Carey N. Barnes, dated November 4, 2005, and recorded in Book 1449, page 554,
Edgecombe County Public Registry; reference to said map and deed being hereby made for greater
certainty of description.
3626612v3.JBB16275.T29798

ID#* 20201937 Version* 2
Select Reviewer:
Katie Merritt
Initial Review Completed Date 04/24/2024
Mitigation Project Submittal - 4/23/2024
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:
Barrett Jenkins [e-mail]
Project Information
ID#: * 20201937 Version:* 2
Existing ID# Existing Version
Project Type: DMS Mitigation Bank
Project Name: Dead Tree Phase A Nutrient Offset Bank
County: Edgecombe
Document Information
Mitigation Document Type:*
Mitigation Conservation Easement
File Upload: Recorded CE Asgmt - Dead Tree All.pdf 2.87MB
Please upload only one PDF of the complete file that needs to be submitted...
Signature
Print Name:* Barrett Jenkins
Signature:
fir! t to