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HomeMy WebLinkAbout2001 S ERCD - Deed of Agricultural conservation easement Carl & Lucille Walters SrSTATE OF NORTH CAROLINA COUNTY OF ORANGE 6-6--,Z001 map2- 41`arcel 2827.8 f - $7ol DEED OF AGRICULTURAL CONSERVATION EASEMENT This Deed of Agricultural Conservation Easement ( "Easement ") is granted on this day of 2001, by VICTOR CARL WALTERS, SR. and LUCILLE B. WALTERS, husband and wife, having an address of 7501 High Rock Road, Efland, NC 27243 ( "Grantors "), to ORANGE COUNTY, NORTH CAROLINA ( "Grantee "). WHEREAS: Grantors are the sole owners in fee simple, of certain farm Property, more particularly described in Exhibit A, attached hereto and incorporated herein (the "Property"), which consists of approximately 70 acres of land, located in Cedar Grove Township, Orange County, North Carolina and identified as Tract 1 - (14) on the plat of property titled "Survey for Victor C. and Lucille Walters, Sr.," prepared by James B. Crouch, R.L.S., which plat is recorded at Plat Book , Page , Orange County Registry. The Property includes buildings and other improvements, which are shown on Exhibit B, attached hereto and incorporated herein. The Property consists primarily of productive agricultural land. The majority of the soils on the Property have been classified as "prime soils" by the Natural Resources Conservation Service, U.S. Department of Agriculture. It is the primary purpose of this Easement to protect the agricultural soils and agricultural viability and productivity of the Property. The Property also includes natural woodland habitats for a variety of wildlife species of importance to the Grantors, the people of Orange County and the people of North Carolina, in addition to outstanding scenic qualities that can be enjoyed by the general public, namely as the foreground of a scenic vista from High Rock Road (State Road 1340) northwest of the town of Efland (unincorporated). It is a secondary purpose of this Easement to protect these natural habitat and scenic resources. The agricultural, natural habitat and scenic resources of the Property are collectively referred to as the "conservation values" of the Property. The specific conservation values of the Property and its current use and state of improvement are described in a Present Condition Report ( "Report") prepared by the Grantee with the cooperation of the Grantors, and acknowledged by both parties to be accurate as of the date of this Easement. This Report may be used by the Grantee to document any future changes in the use or character of the Property in order to ensure the terms and conditions of this Easement are fulfilled. This Report, however, 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. The Grantors and Grantee have copies of this Report. 1of13 The Grantors and Grantee agree that the current agricultural use of, and improvements to, the Property are consistent with the conservation purposes of this Easement. The Grantors intend that the conservation values of the Property be preserved and maintained, and further, Grantors intend to convey to the Grantee the right to preserve and protect the agricultural and other conservation values of the Property in perpetuity. The conservation purposes of this Easement are recognized by, and the grant of this Easement will serve, the following clearly delineated governmental conservation policies: The Farmland Protection Policy Act, P. L. 97 -98, 7 U.S.C. Section 4201, et seq., whose purpose is "to minimize the extent to which Federal programs and policies contribute to the unnecessary and irreversible conversion of farmland to nonagricultural uses, and to assure that Federal programs are administered in a manner that, to the extent practicable, will be compatible with State, unit of local government and private programs and policies to protect farmland; " North Carolina General Statute 139 -2 et seq. which provides that "it is hereby declared ...that the farm, forest and grazing lands of the State of North Carolina are among the basic assets of the State and the preservation of these lands is necessary to protect and promote the health, safety and general welfare of its people... it is hereby declared to be the policy of the legislature to provide for the conservation of the soil and resources of this State;" North Carolina General Statute 106 -583 et seq. which states that "It is declared to be the policy of the State of North Carolina to promote the efficient production and utilization of the products of the soil as essential to the health and welfare of our people and to promote a sound and prosperous agriculture and rural life as indispensable to the maintenance of maximum prosperity;" The State of North Carolina has authorized the creation of Conservation Easements pursuant to the terms of the North Carolina Conservation and Historic Preservation Agreements Act, N.C.G.S. 121 -34 et. seq., which provide for the enforceability of restrictions, easements, covenants or conditions "appropriate to retaining land or water areas predominantly in their natural, scenic or open condition or in agricultural, horticultural, farming, or forest uses," and which provides for tax assessment of lands subject to such agreements "on the basis of the true value of the land and improvements less any reduction in value caused by the agreement"; and the Grantors and Grantee wish to avail themselves of the provisions of that law. The Grantee is a body politic existing under Chapter 153A of the North Carolina General Statutes, and is qualified to hold Easements under the applicable laws of the State of North Carolina; 2 of 13 NOW, THEREFORE, for the reasons given, and in consideration of their mutual covenants, terms, conditions and restrictions contained herein, the parties agree as follows. Grant of Agricultural Easement Grantors hereby voluntarily grant and convey to the Grantee, and the Grantee hereby voluntarily accepts, a perpetual Agricultural Conservation Easement, an immediately vested interest in real property the nature and character described herein. Grantors promise that they will not perform, nor knowingly allow others to perform, any act on or affecting the Property that is inconsistent with the covenants herein. Grantors authorize the Grantee to enforce these covenants in the manner described below. 2. Statement of Purpose It is the primary purpose of this Agricultural Conservation Easement to enable the Property to remain in agricultural use by preserving and protecting its agricultural soils and agricultural viability and productivity. No activity which shall significantly impair the actual or potential agricultural use of the Property shall be permitted. To the extent that the preservation and protection of the natural, historic, recreational, habitat or scenic values referenced in this Easement are consistent with the primary purpose stated above, it is within the purpose of this Easement to also protect those values, and no activity which shall significantly impair those values shall be permitted. 3. Rights and Responsibilities Retained by Grantors Notwithstanding any provisions of this Easement to the contrary, the Grantors reserve to and for themselves and their successors all customary rights and privileges of ownership, including the rights to sell, lease, and devise the Property, together with any rights not specifically prohibited by or limited by this Easement, not inconsistent with the Statement of Purpose herein. Unless otherwise specified below, nothing in this Easement shall require the Grantors to take any action to restore the condition of the Property after any Act of God or other event over which they had no control. Grantors understand that nothing in this Deed relieves them of any obligation or restriction on the use of the Property imposed by law. 4. Right to Farm Grantors retain the right to farm, or to permit others to farm the Property, consistent with the conservation values of the Property and in accordance with applicable local, state and federal laws and regulations. S. Right to Privacy Grantors retain the night to privacy and the right to exclude any member of the public from trespassing on the Property. 3 of 13 6. Right to Use the Property for Customary Rural Enterprises Grantors retain the right to use the Property for otherwise lawful and customary rural enterprises, such as, but not limited to, farm machinery repair, sawmills, firewood distribution, bed and breakfast, or educational programs so long as such uses are confined to locations within the "Farmstead Area" as identified on Exhibit B. Conducting customary rural enterprises on any other part of the Property is not permitted without the advance written per- mission of the Grantee in each instance. The Grantee shall not give such permission unless the Grantee determines that the proposed use will not substantially diminish or impair the conservation values of the Property. 7. Procedure to Construct Buildings and Other Improvements The Grantors' rights to construct or reconstruct buildings and other improvements are described in subparagraphs (a) through (g) below. Any construction or reconstruction not permitted below, or not previously approved by Grantee, is prohibited. Before undertaking any construction or reconstruction that requires advance permission, the Grantors shall notify the Grantee and obtain written permission. All construction or reconstruction is subject to applicable building codes. (a) Fences -- Existing fences may be repaired and replaced, and new fences may be built on the Property for purposes of reasonable and customary management of livestock and wildlife without any further permission of the Grantee. (b) Agricultural Structures & Improvements -- Existing, agricultural structures and improvements may be repaired, reasonably enlarged and replaced at their current locations, as shown on Exhibit B, without further permission from the Grantee. New buildings and other structures and improvements to be used primarily for agricultural purposes, including the processing or sale of farm products predominantly grown or raised on the Property, but not including any dwelling or farm labor housing, may be built on the Property without any further permission of the Grantee provided they are located in the "Farmstead Area" as indicated on Exhibit B. Any new buildings, structures or improvements proposed for locations outside the "Farmstead Area" may be built only with the advance written permission of the Grantee. The Grantee shall give such permission within a reasonable time, unless it determines that the proposed building, structure or improvement would significantly diminish or impair the conservation values of the Property. (c) Farm Support Housing -- All existing dwellings or structures used to house farm tenants and employees as shown on Exhibit B, may be repaired, reasonably enlarged and replaced at their current location without further permission of the Grantee. New single - or multi - family - dwellings or structures to be used primarily to house farm tenants, employees or others engaged in agricultural production on the Property may be built on the Property without any further permission of the Grantee, provided they are located within that area identified and marked as "Farm Support Housing" on Exhibit B. At the time that construction of such structures is to commence, Grantee shall be notified so that its records can be updated. Any 4of13 new structures to be used primarily to house farm tenants, employees or others engaged in agricultural production on the Property, proposed for locations outside the area identified as "Farm Support Housing" on Exhibit B, may be built only with the advance written permission of the Grantee. The Grantee shall give such permission within a reasonable time, unless it determines that the proposed building, structure or improvement would significantly diminish or impair the conservation values of the Property (d) Single- Family Residential Dwellings -- All existing single- family residential dwellings may be repaired, reasonably enlarged and replaced at their current locations, as shown on Exhibit B, without further permission of the Grantee. No more than two (2) new single - family residential dwellings, together with reasonable appurtenances such as garages and sheds may be built on subdivided lots from the Property in the locations indicated on Exhibit B, subject to all applicable zoning, subdivision and building code regulation. All appurtenant structures shall be contained within a radius of 250 feet from the residence itself. At the time construction of such dwellings is to commence, Grantee shall be notified so that its records can be updated. It is understood that Grantor may relinquish its rights to construct the new residential dwellings referred to herein at any time. (e) Recreational Improvements - All existing recreational improvements, built for the exclusive use of the Grantor, his family, friends or employees, may be repaired, reasonably enlarged or replaced at their current locations without further permission of the Grantee. New recreational improvements may be built within the area identified and marked as "Farmstead Area" on Exhibit B without the advance written permission of the Grantee. Any new recreational improvements proposed for locations outside the area identified and marked as "Farmstead Area" on Exhibit B may be built only with the advance written permission of the Grantee. The Grantee shall give such permission within a reasonable time, unless it determines that the proposed building, structure or improvement would significantly diminish or impair the conservation values of the Property. However, under no circumstances shall golf courses or ranges, airstrips or helicopter pads be constructed, placed or permitted to remain on the Property. (0 Utility Services and Septic Systems -- Installation, maintenance, repair, replacement, removal and relocation of electric, gas, and water facilities, sewer lines and /or other public or private utilities, including telephone or other communication services over or under the Property for the purpose of providing electrical, gas, water, sewer, or other utilities to serve improvements permitted herein, and the right to grant Easements over and under the Property for such purposes, is permitted. Maintenance, repair or improvement of a septic system(s) or other underground sanitary system which exists on the Property at the time of this Easement, or the construction of a septic or other underground sanitary system, for the benefit of any of the improvements permitted herein, is permitted. 8. Subdivision The legal subdivision of the Property, recording of a subdivision plan, partition, or 5of13 any other division of the Property into two or more parcels, is prohibited without the advance written permission of the Grantee, except as provided for in Paragraph 7(d) which pertains to single family residential dwellings. This prohibition applies regardless of how many separately described parcels are contained in the legal description attached as Exhibit A. The Grantee shall not give such permission, unless the Grantee determines that the proposed subdivision will not substantially diminish or impair the agricultural viability or conservation values of the Property. It is understood that notice of this Easement will be recorded on any approved subdivided, partitioned or otherwise divided parcels. 9. Conservation Practices All farming operations shall be conducted in a manner consistent with a farm conservation plan prepared by the U. S. Department of Agriculture, Natural Resources Conservation Service, or its successor, or by another qualified conservation professional approved by the Grantee. This plan shall be updated periodically, and in any event at the time the basic type of agricultural operation on the Property changes or at the time ownership of the Property changes. All farming operations shall be in accordance with all applicable federal, state and local laws. Under no circumstances shall there be any increase in size or scope to industrial or factory type livestock operations characterized by the continuous confinement of livestock in confined environments for the purpose of raising, feeding and fattening for market, nor shall any slaughtering facilities or hog operation be allowed. The land application storage and placement on the Property of domestic septic effluent and municipal, commercial or industrial sewage sludge or liquid generated from such sources for agricultural purposes may be undertaken only if in accordance with all applicable federal, state and local laws and regulations. 10. Forest Management Trees may be removed, cut and otherwise managed to control insects and disease, to prevent personal injury and property damage, for firewood and other uses, including construction of permitted improvements and fences on the Property. Any other cutting, removal or harvesting of trees may be undertaken only if a) the purpose is for clearing land for cultivation or use by livestock, and b) it occurs outside of a 100-foot buffer from both sides of the unnamed stream that runs through the property and is identified on Exhibit B, and c) it is in accordance with either the conservation plan referenced in Paragraph 9 herein or a forest management plan prepared by a professional forester. 11. Mining The mining or extraction of soil, sand, gravel, rock, oil, natural gas, fuel or any other mineral substance, using any method that disturbs the surface of the land, is prohibited without the advance written permission of the Grantee. The Grantee shall not give such permission, unless the Grantee determines that the proposed mining or extraction will not substantially 6 of 13 diminish or impair the conservation values of the Property. Notwithstanding, any other provision of this Easement, not more than two (2) surface acres of the Property may be disturbed by mining or other extractive activities as may be reasonably necessary and incidental to carrying out the improvements and agricultural uses permitted on the property by this Easement. Such activities are permitted only to the extent they are consistent with Internal Revenue Code Sections 170(h)(5) and (6) and Treasury Regulation Section 1.I 70A- 14(g)(4) and State law and Orange County zoning, erosion control and other applicable regulations. 12. Paving and Road Construction Construction and maintenance of unpaved farm roads that may be reasonably necessary and incidental to carrying out the improvements and uses permitted on the Property by this Easement are permitted. Other than the approved roads and barnyard areas indicated on Exhibit B, no portion of the Property shall be paved or otherwise covered with concrete, asphalt, or any other impervious paving material, without the advance written permission of the Grantee. The Grantee shall not give such permission unless the Grantee determines that the proposed paving, or covering of the soil, or the location of any such road, will not substantially diminish or impair the conservation values of the Property. 13. Dumping and Trash No trash, refuse, vehicle bodies or parts, rubbish, debris, junk, waste, radioactive or hazardous waste, shall be placed, stored, dumped, buried or permitted to remain on the Property, except as reasonably required for the use of the Property for agricultural activities, and except as in accordance with applicable local, state and federal laws and regulations. Materials located in dump sites existing as of the date of this Easement, as indicated on Exhibit B, may remain. The storage of agricultural products, byproducts and agricultural equipment on the Property, so long as such storage is done in accordance with all applicable government laws and regulations, is permitted. 14. Water Rights Grantors shall retain and reserve the right to use any appurtenant water rights sufficient to maintain the agricultural productivity of the Property. Grantors shall not transfer, encumber, lease, sell or otherwise separate such water rights from title to the Property itself. IS. Ongoing Responsibilities of Grantors and Grantee Other than as specified herein, this Easement is not intended to impose any legal or other responsibility on the Grantee, or in any way to affect any existing obligation of the Grantors as owners of the Property. Among other things, this shall apply to: (a) Taxes -- The Grantors shall continue to be solely responsible for payment of all taxes and assessments levied against the Property. If the Grantee is ever required to pay any 7 of 13 taxes or assessments on its interest in the Property, the Grantor will reimburse the Grantee for the same. (b) Upkeep and Maintenance -- The Grantors shall continue to be solely responsible for the upkeep and maintenance of the Property, to the extent it may be required by law. The Grantees shall have no obligation for the upkeep or maintenance of the Property. (c) Liability and Indemnification -- Grantors agree to indemnify and hold Grantee harmless from any and all costs, claims or liability, including but not limited to reasonable attorneys' fees arising from any personal injury, accidents, negligence or damage relating to the Property, or any claim thereof, unless due to the negligence of Grantee or its agents, in which case liability shall be apportioned accordingly. In addition, Grantors agree to maintain liability insurance covering the Property with the limits as follows: ' 3 o o t .00 f3oo� o o o. oo and W c, too . @* , and warrant that Grantee is and will remain a named insured on Grantors' Property insurance policies covering the Property. Grantors shall provide Grantee/' rante with a certificate of insurance coverage on the effective date of this Easement and within 10 days of each insurance renewal date. 16. Extinguishment of Development Rights Except as otherwise reserved to the Grantors in this Easement, the parties agree that all development rights appurtenant to the Property are hereby released, terminated and extinguished, and may not be used on or transferred to any portion of the Property as it now or hereafter may be bounded or described, or to any other property adjacent or otherwise, nor used for the purpose of calculating permissible lot yield of the Property or any other property. 17 Enforcement With reasonable advance notice to the Grantors, the Grantee shall have the right to enter the Property for the purpose of inspecting for compliance with the terms of this Easement. The Grantee shall have the right to prevent violations and remedy violations of the terms of this Easement through judicial action, which shall include, without limitation, the right to bring proceedings in law or in equity against any party or parties attempting to violate the terms of this Easement. Except when an ongoing, or imminent violation could irreversibly diminish or impair the conservation values of the Property, the Grantee shall give the Grantors written notice of the violation and thirty (30) days to cure the violation, before commencing any legal proceedings. If a court with jurisdiction determines that a violation may exist or has occurred. the Grantee may obtain an injunction to stop the violation, temporarily or permanently. The parties agree that a court may issue an injunction or order requiring the Grantors to restore the Property to its condition prior to the violation as restoration of the property may be the only appropriate remedy. In any case where a court finds that a violation has occurred, the Grantors shall reimburse the Grantee for all its expenses incurred in stopping and correcting the violation, including but not limited to reasonable attorneys' fees. The failure of the Grantee to discover a violation or to take immediate legal action shall not bar it 8 of 13 from doing so at a later time. In any case where a court finds no such violation has occurred, each party shall bear its own costs. 18. Transfer of Easement The Grantee shall have the right to transfer the Easement created by this Deed to any public agency or private nonprofit organization that, at the time of transfer, is a qualified organization under Section 170(h) of the U.S. Internal Revenue Code, as amended and under NCGS 121 -34 et seq., provided the agency or organization expressly agrees to assume the responsibility imposed on the Grantee by this Deed. If the Grantee ever ceases to exist or no longer qualifies under Section 170(h) of the U.S. Internal Revenue Code, or applicable state law, a court with jurisdiction shall transfer this Easement to another qualified organization having similar purposes that agrees to assume the responsibility imposed by this Easement. 19. Transfer of Property The Grantors agree to incorporate by reference the terms of this Easement in any deed or other legal instrument by which they transfer or divest themselves of any interests, including leasehold interests, in all or a portion of the Property. The Grantors shall notify the Grantee in writing at least thirty (30) days before conveying the Property, or any part thereof or interest therein. Failure of Grantors to do so shall not impair the validity of this Easement or limit its enforceability in any way. 20. Amendment of Easement This Easement may be amended only with the written consent of the Grantee and the Grantors. Any such amendment shall be consistent with the Statement of Purposes of this Easement and with the Grantee's Easement amendment policies, and shall comply with Section 170(h) of the Internal Revenue Code or any regulations promulgated in accordance with that section. Any such amendment shall be duly recorded. 21. Procedure in the Event of Termination of Easement If it determines that conditions on or surrounding the Property change so much that it becomes impossible to fulfill the conservation purposes of this Easement, a court with jurisdiction may, at the joint request of both the Grantors and the Grantee, terminate or modify the Easement created by this Deed in accordance with applicable state law. If the Easement is terminated and the Property is sold then as required by Section 1.1 70A- 14(g)(6) of the IRS regulations, the Grantee shall be entitled to a percentage of the gross sale proceeds equal to the ratio of the appraised value of this Easement to the unrestricted fair market value of the Property, as these values are determined on the date of this Easement, subject to any applicable law which expressly provides for a different disposition of the proceeds. The Grantee shall use its proceeds consistently with the general conservation purposes of this Easement. 9 of 13 All termination related expenses incurred by the Grantors and the Grantee shall be paid out of any recovered proceeds prior to distribution of the net proceeds as described herein. 22. Procedure in the Event of Condemnation or Eminent Domain If condemnation or a taking by eminent domain of a part of the Property or the entire Property by a public authority renders it impossible to fulfill any of the conservation purposes of this Easement, the Easement may be terminated or modified through condemnation proceedings. If the Easement is terminated and the Property is sold or taken for public use, then, as required by Section 1.170A- 14(g)(6) of the IRS regulations, the Grantee shall be entitled to a percentage of the gross sale proceeds or condemnation award equal to the ratio of the appraised value of this Easement to the unrestricted fair market value of the Property, as these values are determined on the date of this Easement, subject to any applicable law which expressly requires for a different disposition of the proceeds. The Grantee shall use its proceeds consistently with the general conservation purposes of this Easement. All termination- related or condemnation- related expenses incurred by the Grantors and the Grantee shall be paid out of any recovered proceeds prior to distribution of the net proceeds as described herein. 23. Interpretation This Easement shall be interpreted under the laws of the State of North Carolina, resolving any ambiguities and questions of the validity of specific provisions so as to give maximum effect to its conservation purposes. 24. Perpetual Duration; Severability The Easement created by this Deed shall be a servitude running with the land in perpetuity. Every provision of this Deed that applies to the Grantors or the Grantee shall also apply to their respective agents, heirs, Executors, administrators, assigns, and all other successors as their interests may appear. Invalidity of any of the covenants, terms or conditions of this Easement, or any part thereof by court order or judgment shall in no way, affect the validity of any of the other provisions hereof which shall remain in full force and effect. 25. Notices Any notices required by this Deed shall be in writing and shall be personally delivered or sent by first class mail to the Grantors and the Grantee respectively at the following addresses, unless a party has been notified in writing by the other of a change of address: 10 of 13 To the Grantors: Victor and Lucille Walters 7501 High Rock Road Efland, NC27243 -9226 To the Grantee: Orange County, North Carolina PO Box 8181 Hillsborough, NC 27278 IN WITNESS WHEREOF, the Grantors and Grantee, intending to legally bind themselves, have set their hands on the date first written above. Accepted: GRANTORS: VICTOR CARL WALTERS, SR. /19 - &Ja LUCILLE B. WALTERS P-4� 1j, A I F GRANTEE: ORANGE UNTY, N TH CAROLINA By: ,. J PftSf M. LINK, HC, Orange County Manager ATTEST: By: BEVERL A. BLYT E, Clerk to the Board of Commissioners 11 of 13 Acknowledgments NORTH CAROLINA COUNTY OF ORANGE I, h' S - �� a Notar Public of Orange County, North Carolina do hereby certify th & 6 and wife personally appeared before me and ackno he due execution of the foregoing instrument. Notary Public (SEAL) ,�v S. F� My commission expires: PUBIA �oTnRr NORTH CAROLINA rn — ^%�ei�� COUNTY OF ORANGE I, 49zq,4��gl z a Notary Public of Orange County, North Carolina do hereby certify that BevgAy Blythe personally appeared before me this day and acknowledged that she is Clerk to the Board of Commissioners for Orange County, North Carolina and that by authority duly given and as the act of Orange County, North Carolina the foregoing instrument was signed in its name by John M. Link, Jr., the County Manager, and attested by her as Clerk to said Board of Commissioners. Witness my hand and official stamp or seal this the 6 day of 2001. My commission expires: (SEAL) i i 20 12 of 13 STATE OF NORTH CAROLINA COUNTY OF ORANGE The Foregoing (or annexed) Certificate(s) of Notary(ies) Public (is)(are) Certified to be correct. This instrument was filed for Registration on the Day and Hour in the Book and Page shown in the First page hereof. This instrument prepared by and return to: Geoffrey E. Gledhill Coleman, Gledhill and Hargrave P.O. Drawer 1529 Hillsborough, NC 27278 Joyce H. Pearson, Register of Deeds 13 of 13 NORTH CAROLINA ORANGE COUNTY I, Penny S. Flake, a Notary Public for said County and State, do hereby certify that Rose Marie Walters Dunn, attorney in fact for Lucille B. Walters, personally appeared before me this day, and being by me duly sworn, says that he /she executed the foregoing and annexed instrument for and in behalf of the said Lucille B. Walters, and that his /her authority to execute and acknowledge said instrument is contained in an instrument duly executed, acknowledged, and recorded in Book 2222, at Page 558 the office of The Register of Deeds in the County of Orange, State of North Carolina, on the 26th day of March, 2001, and that this instrument was executed under and by virtue of the authority given by said instrument granting him /her power of attorney. I do further certify that the said Rose Marie Walters Dunn acknowledged the due execution of the foregoing and annexed instrument for the purposes therein expressed for and in behalf of the said Lucile B. Walters. Witness my hand and official sealhit�9t�y of u y My commission expires: Cf /�9 /Cpa}-�— PENryy �Cr -oG v < 0,,. EXHIBIT A BEING all of Lot 1 - (14) containing 70.83 acres, more or less, as shown in plat of survey entitled SURVEY FOR VICTOR C. & LUCILLE WALTERS by Alamance Land Development dated July 6, 2001 which plat is recorded in Plat Book at Page of the Orange County Registry and to which plat reference is hereby made for a more particular description of the same. Present Condition Map EXHIBIT B This map is not a certified survey j �A3 1 v4 VJ 9 y�GN Zp �� QR2d C 4C CV C� GU .�4•.1S1�S -4a 4W Sr2EAM C,vCAErZ P z,,, °crL-r7 t / 2 N< �0 e, �Qµn MG,%0a nj s 0 WE Walters Conservation Easement r1" = approx. 500' Orange County ERCD N June 2001 Y z 7 71 r V and has not been reviewed by a local Government Agency for 3, compliance with any Applicable *, T. Land Development Regulations. r "PP r j �A3 1 v4 VJ 9 y�GN Zp �� QR2d C 4C CV C� GU .�4•.1S1�S -4a 4W Sr2EAM C,vCAErZ P z,,, °crL-r7 t / 2 N< �0 e, �Qµn MG,%0a nj s 0 WE Walters Conservation Easement r1" = approx. 500' Orange County ERCD N June 2001 Y z 7 71 r V http://www,wral.com/nekvs/86273()/'?Ltse=prini M, - com, Orange County Easement Helping Preserve Farmland These days, farmland near Research Triangle Park is more valuable as pasture for houses than horses. Rising taxes and dropping farm commodity prices are squeezing farmers out of business. rrT Victor Walters, Jr. walks among the cattle on his family's 400 -acre farm. Seventy acres will be preserved thanks to an easement program. Now, Orange County is trying a new approach: Paying a farmer to keep his land a farm. On Monday, Victor Walters, Sr. signs over his right to sell his farm to developers. In exchange, Orange County and the state will pay him $215,000. In the 1970s, before anyone could have imagined growth in the area, Walters' daughter -in -law joined an agricultural preservation committee. "Prime farmland is an irreplaceable physical and economic asset to Orange County," says Elizabeth Walters. She pushed for a buy out program that pays farmers to give up their right to sell their farm to a developer. This year, the first easement in Orange County went to her father -in -law. Walters, 92, and his son, Victor, Junior, 65, have worked the farm for decades. They think the program is an excellent way to keep it in the family. The Walters could have sold their land to a developer for as much as $20,000 an acre "It helps my father's peace of mind, it helps the county to preserve some open space, and me, there's a good chance I'll never have a reason to sell it. It guarantees that I've got to continue to look after it," says Walters, Jr. The Walters own over 400 acres of farmland. They could have sold it for as much as $20,000 an acre to a developer. After the deal goes through, 70 acres of their farm will be permanently off limits to developers. Half of the money for the easement will come from Orange County taxpayers, and half from the state's small farmland preservation fund. The farm will probably make the land around it even more valuable, as farms become more and more rare in the future. Reporter: Chip Muller Photographer: Claris Ray OnLine Producer: Michelle Singer t�tt 7/9/nnn1 1) -M PM