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transferred at or prior to the time said transfer is made. Grantor further agrees to make <br />any subsequent lease, deed, or other legal instrument by which any interest in the <br />Property is conveyed subject to the Stormwater Easement herein created. <br />C. Transfer of Easement. The Grantee shall have the right to transfer this <br />Stormwater Easement to a "qualified conservation organization" under Section 170(h) of <br />the US Internal Revenue Code, only (1) if the agency or organization expressly agrees to <br />assume the responsibility imposed on the Grantee by this Deed and (2) said transfer is <br />approved by the State of North Carolina (acting through the Clean Water Management <br />Trust Fund). If the Grantee ever ceases to exist or no longer qualifies under Section 170 <br />(h) or applicable state law, a court with jurisdiction shall transfer this easement to the <br />State of North Carolina (acting through Clean Water Management Trust Fund) or another <br />qualified organization having similar purposes that agrees to assume the responsibility. <br />D. Notices. Any notices shall be sent by registered or certified mail, return <br />receipt requested to the parties at their addresses shown above or to other address(es) as <br />either party establishes in writing upon notification to the other. <br />E. Existing Responsibilities of Grantor and Grantee Not Affected. Other <br />than as specified herein, this Stormwater Easement is not intended to impose any legal or <br />other responsibility on the Grantee, or in any way to affect any existing obligation of the <br />Grantor as owner of the Property which includes the Easement Area. <br />F. Public Access. Unless otherwise specifically set forth in this Stormwater <br />Easement, nothing herein shall convey to or establish for the public a right of access over <br />the Easement Area. <br />G. Recording. Grantee shall record this instrument and any amendment <br />hereto in timely fashion in the official records of Cabarrus County, North Carolina, and <br />may re- record it at any time as may be required to preserve Grantee's and Grantor's <br />rights. <br />H. Amendments. Grantor and Grantee, or their successors in interest in the <br />Easement Area, are free to jointly amend this Stormwater Easement to meet changing <br />conditions, provided that no amendment will be allowed that is inconsistent with the <br />purposes of this Stormwater Easement or affects the perpetual duration of this <br />Stormwater Easement. Such amendment(s) require the written consent of both Grantor <br />and Grantee and shall be effective upon recording in the public records of Cabarrus <br />County, North Carolina. The Parties acknowledge that they shall have no right to agree to <br />any activity that would result in the termination of this Stormwater Easement. <br />L Entire Agreement. The Recitals set forth above and the exhibits attached <br />hereto are incorporated herein by reference. This instrument, including the stormwater <br />work set forth in the Grant Agreement that is incorporated herein by reference, sets forth <br />the entire agreement of the Parties with respect to this Stormwater Easement and the <br />Stormwater Project, and supersedes all prior discussions, negotiations, understandings or <br />agreements relating to the Stormwater Project. <br />CWMTF Stormwater Easement Template, rev 0 7 3/9/2010 <br />Attachment number 1 <br />F -8 Page 78 <br />