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C• <br />toar25i0 tMtf 61 <br />a• Consetyotion Purnosa. <br />I. Grantor, for itself, its successors and assigns, declares that this <br />Conservation Easement is established exclusively for conservation <br />purposes, as defined in Z6 U.S.C. Section 170(hx4)(a). <br />2. Grantor declares that the terms of this Conservation Easement shall <br />survive any merger of the fee and easement interests in the Property or any <br />portion thereof and shall not be amended, modified or terminated without <br />the prior written consent and written approval of the Corps. <br />C. This Conservation Easement shall be canstrued to <br />promote the purposes of the North Carolina enabling statute sat Conh in N.C.O.S. § 121-34 et <br />seq., which autharixes the creation of conservation casements Cor purposes including the <br />conservation purposes of this Conservation Easement, including such purposes as are detincd in <br />26 U.S.C. Section 170(h)(4)(A). <br />b. Recordine. Grantor shall record this instrument and any amendment hereto in <br />t(mely fashion in the Registry of Cabartus County, North Carolina and may rc-record it at any <br />time as may be required to preserve its right under this Conservation Easement. <br />E. Na~ardous Waste, The Grantor covenants and represents chat, to the best of <br />Grantor's knowledge, no hazardous substance or hazardous or toxic waste exists nor has been <br />generated, treated, stored, uud, disposed of, or deposited In or on the Property. <br />P. res. Any notices given under this Conservation Easement shall be in writing <br />and shall be delivered by depositing soma in the U.S. Moil, certified, return receipt requested, <br />postage prepaid and addressed to she parties az set forth above, and to the Corps at the <br />Wilmington D[striet or to such other addresses any such party may establish 'sn writing to the <br />others, pursuant to this notice provision. <br />G. end n Grantor, its successors and assigns, is free to amend this <br />Conservation Easement in writing to meat changing conditions, provided that no amendment will <br />be allowed that is Inconsistent with the purposes of this Conurvation Easement and that has not <br />been approved by both Grantee and the Corps. Such amendment(s) shall bo effective upon <br />rceording in the Registry of Cabarrus County, Nonh Cazolina. <br />H. Severability. Should any provision of this Conservation Easement be declared by <br />any tribunal of competent jurisdiction to ba illegal, invalid or unenforceable, the legality, validity <br />and enforceability of Iho remaining parts, terms or provisions shall not be affected thereby, and <br />said illegal, unenforceable, or invalid part, term, or provision tthall bo deemed not to be a port of <br />thief Cortservatlon Easement, <br />!. Goyernina I.aw, This Conservation Easement shall be governed by turd construed <br />>n accordanee with the laws of the State of Nonh Carolina. <br />u»xs.er <br />ta:c» <br />G~ <br />Attachment number 1 <br />F-~ 109 <br />