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DÕÔModel€Conservation€EasementÔ#† DÕ! „„KüÞ#Ôó óÐ d´ ÐÔ€XWX! DÕÔÌòòNote:€The€boxed€numbers€inserted€in€the€text€of€the€easement€correspond€with€the€subheadingÐ ° Ðnumbers€in€the€commentary€that€follows.óóÐ œ ì ÐÌÌà@@8 8 ìàò òDEED€OF€CONSERVATION€EASEMENTó ó€€€Ô€^ý= _XXWÔ1Ô€XWX _^ý=ÔÐ ` ° ÐÌà @ àà @` àTHIS€GRANT€DEED€OF€CONSERVATION€EASEMENT€is€made€thisÌà @ à____day€of€__________,€19___,€by€___________________________________Ìà @ àand€_____________________________________,€husband€and€wife,€having€anÌà @ àaddress€at€_______________________________________________________Ìà @ à(ð ðGrantorsðð),€in€favor€of€____________________________________________Ìà @ àa€non€profit€òò€€€€[state€of€incorporation]€€€€óó€Ô€&ë%XXWÔÔ‡XWX%&ëÔcorporation€[qualified€to€do€business€inÐ Ø( Ðà @ àòò€€€€€€€(state€where€property€is€located)]€€€€€€€óó,€having€an€address€at€____________Ð Ä Ðà @ à__________________________________________(ð ðGranteeðð)Ô#†&ë%XXW­#Ô.€€€Ô€^ý= _%&ëÔ2Ô€XWX _^ý=ÔÐ ° ÐÌà@@ZZ%ìàÔ_ÔWITNESSETHÔ_Ô:ÌÌà @ àà @` àWHEREAS,€€Ô€^ý= _XXWÔ3Ô€XWX _^ý=Ô€€grantors€are€the€sole€owners€in€fee€simple€of€certain€realÐ `° Ðà @ àproperty€in€___________________€County,€òò€€€€€€€€€€€€€€€€€€€€€[state]€€€€€€€€€€€€€€€€€€€€€óó,Ð Lœ Ðà @ àmore€particularly€described€in€Exhibit€A€attached€hereto€and€incorporated€byÌà @ àthis€reference€(the€ð ðPropertyðð);€€Ô€^ý= _XXWÔ4Ô€XWX _^ý=Ô€€andÐ $t Ðà @ àà @` àWHEREAS,€the€property€possesses€òò€€€[e.g.,€natural,€scenic,€open€space,óóÐ ` Ðà @ àòò€€historical,€educational,€and/or€recreational]€€óóvalues€(collectively,€ð ðconservationòòÐ üL Ðà @ àóóvaluesðð)€of€great€importance€to€Grantors,€the€people€of€òò€€€€€€€€€[county,€locale,€€€óóÐ è8 Ðà @ àòò€€or€region]€€€€€óó€And€the€people€of€the€State€of€____________________;€€€Ô€^ý= _XXWÔ5Ô€XWX _^ý=Ô€€andÐ Ô$ Ðà @ àà @` àWHEREAS,€in€particular,€òò€€€€€€€€€€€€€€€€€€€€€[describe€specific€conservation€€óóÐ À Ðà @ àòò€€values]€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€óó€;€€€Ô€^ý= _XXWÔ6Ô€XWX _^ý=Ô€€andÐ ¬ ü Ðà @ àà @` àWHEREAS,€€the€€specific€€conservation€€values€€of€€the€€Property€€are€Ìà @ àdocumented€in€an€inventory€of€relevant€features€of€the€Property,€dated€_______Ìà @ à____________€,€19_____€,€òò€€€€€€€€€€€€[on€file€at€the€offices€of€Granteeð!ðorð!ð€€€€€€€€€€€€óó€Ð p#À! Ðà @ àòò€€€€attached€hereto€as€Exhibit€B]€€€€óó€and€incorporated€by€this€reference€(ð ðBaselineÐ \$¬" Ðà @ àÔ‡&ë%XXWÔDÔ#†XWX%&ë¿#Ôocumentationðð),€which€consists€of€reports,€maps,€photographs,€and€other€Ô_ÔdocuÔ_Ô„Ð H%˜ # Ðà @ àmentation€that€the€parties€agree€provide,€collectively,€an€accurate€representationÌà @ àof€the€Property€at€the€time€of€this€grant€and€which€is€intended€to€serve€as€anÌà @ àobjective€information€baseline€for€monitoring€compliance€with€the€terms€of€thisÌà @ àgrant;€and€€€Ô€^ý= _XXWÔ7Ô€XWX _^ý=ÔÐ ø(H$' Ðà @ àà @` àWHEREAS,€Grantors€intend€that€the€conservation€values€of€the€Property€Ìà @ àbe€preserved€and€maintained€by€the€continuation€of€land€use€patterns,€including,Ìà @ àwithout€limitation,€those€relating€to€òò€€€€€€€€€€€€€€€€€€€€[e.g.,€farming,€ranching,€or€€€€€€€óóÐ ¼+ '* Ðà @ àòò€€€€timber€production]€€€€€€€€€€€€€€€€€€€€€óó€Existing€at€the€time€of€this€grant,€that€do€not€Ð ¨,ø'+ Ðà @ àsignificantly€impair€or€interfere€with€those€values;€and€€€Ô€^ý= _XXWÔ8Ô€XWX _^ý=ÔÐ ”-ä(, Їà @ àà @` àà @¸ àà @ àà @h àà @À àà @ àà @p àÔ‡ô(£õXXWÔ€€€€€€€€€€€MODEL€EASEMENTÔ#†XWXõô(£ #ÔÐ ° ÐÌÓ-°,XƒXŒ –Xÿÿ°œX-Óà  àà ` àWHEREAS,€€Grantors€€further€€intend,€€as€€owners€€of€the€Property,€to€Ìà  àconvey€to€Grantee€the€right€to€preserve€and€protect€the€conservation€values€ofÌà  àthe€Property€in€Perpetuity;€and€€€Ô€^]_XXwCÔ9Ô€XwCX_^]ÔÐ <Œ Ðà  àà ` àWHEREAS,€Grantee€is€a€publicly€supported,€tax„exempt€nonprofitÌà  àorganization,€qualified€under€Section€501(c)(3)€and€170(h)€of€the€Internal€Ìà  àRevenue€Code,€whose€primary€purpose€is€òò€€[e.g.,€the€preservation,€protection,€óóÐ  P Ðà  àòò€€€€€€€€€or€enhancement€of€land€in€its€natural,€scenic,€historical,€agricultural,€€€€€€€óóÐ ì < Ðà  àòò€€forested,€and/or€open€space€condition]€€óó€;€and€€€Ô€^]_XXwCÔ10Ô€XwCX_^]ÔÐ Ø (  Ðà  àà ` àWHEREAS,€grantee€agrees€by€accepting€this€grant€to€honor€theÌà  àintentions€of€Grantors€stated€herein€and€to€preserve€and€protect€in€perpetuity€Ìà  àthe€conservation€values€of€the€Property€for€the€benefit€of€this€generation€and€Ìà  àthe€generations€to€come;€€€Ô€^]_XXwCÔ11Ô€XwCX_^]ÔÐ ˆØ  Ðà  àà ` àNOW,€THEREFORE,€in€consideration€of€the€above€and€the€mutualÌà  àcovenants,€terms,€conditions,€and€restrictions€contained€herein,€and€pursuant€toÌà  àthe€lows€of€òò€€€€[state€where€property€is€located]€€€€óó€and€in€particular€òò€€€€[specificóóÐ Lœ Ðà  àòò€€state€statutory€authority]€€€óó€,€Grantors€hereby€voluntarily€grant€and€convey€toòòÐ 8ˆ Ðà  àóóGrantee€a€conservation€easement€in€perpetuity€over€the€Property€of€the€natureÐ $t Ðà  àand€character€and€to€the€extent€hereinafter€set€forth€(ð ðEasementðð).€€€Ô€^]_XXwCÔ12Ô€XwCX_^]ÔÐ ` ÐÓL€ Ah # LÓà  àà ` à1.€òòPurposeóó.€It€is€the€purpose€of€this€Easement€to€assure€that€the€Property€Ð üL Ðà  àwill€be€retained€forever€[predominantly]€in€its€òò€€€€€[e.g.,€natural,€scenic,€historic,€€óóÐ è8 Ðà  àòò€€agricultural,€forested,€and/or€open€space]€€óó€condition€and€to€prevent€any€use€ofÐ Ô$ Ðà  àthe€Property€that€will€significantly€impair€or€interfere€with€the€conservationÌà  àvalues€of€the€Property.€€Grantors€intend€that€this€Easement€will€confine€the€useÌà  àof€the€Property€to€such€activities,€including,€without€limitation,€those€involvingÌà  àòò€[e.g.,€farming,€ranching,€timber€production,€public€recreation,€or€education]€€óó€,Ð „Ô Ðà  àas€are€consistent€with€the€purpose€of€this€Easement.€€Ô€^]_XXwCÔ13Ô€XwCX_^]ÔÐ pÀ Ðà  àà ` à2.€€òòRights€of€Granteeóó.€€To€accomplish€the€purpose€of€this€Easement€theÐ \¬ Ðà  àfollowing€rights€are€conveyed€to€Grantee€by€this€Easement:Ìà  àà ` àà Œ àa.€To€preserve€and€protect€the€conservation€values€of€the€Property;Ìà  àà ` àà Œ àb.€To€enter€upon€the€Property€at€reasonable€times€in€order€to€monitorÌà  àGrantorsðð€compliance€with€and€otherwise€enforce€the€terms€of€this€Easement;Ìà  àprovided€that€such€entry€shall€be€upon€prior€reasonable€notice€to€Grantors,€andÌà  àGrantee€shall€not€unreasonable€interfere€with€Grantorsðð€use€and€quiet€enjoymentÌà  àof€the€Property;€andòòÐ Ð$ # Ðóóà0  àà0` (#(#à€à0Œ ` (#` (#àc.€To€prevent€any€activity€on€or€use€of€the€Property€that€is€inconsistent€Ð¼% !$Œ (#Œ (# Ðà  àwith€the€purpose€of€this€Easement€and€to€require€the€restoration€of€such€areas€or€Ìà  àfeatures€of€the€Property€that€may€be€damaged€by€any€inconsistent€activity€or€use,€Ìà  àpursuant€to€paragraph€6.€€€Ô€^]_XXwCÔ14Ô€XwCX_^]ÔÐ €(Ð#' Ðà  àà ` à3.€€òòProhibited€Usesóó.€€Any€activity€on€or€use€of€the€Property€inconsistentÐ l)¼$( Ðà  àwith€the€purpose€of€this€Easement€is€prohibited.€€Without€limiting€the€generalityÌà  àof€the€foregoing,€the€following€activities€and€uses€are€expressly€prohibited:€€€Ô€^]_XXwCÔ15Ô€XwCX_^]ÔÐ D+”&* ÐÌà@øøìà[Insert€Express€Restrictions]€€€Ô€^]_XXwCÔ16Ô€XwCX_^]ԈР-l(, Їñ®ñà  àñ®ññ¯ñÔ‡ôx¶õXX×Ôñ¯ññ®ñMODEL€CONSERVATION€EASEMENTñ®ññ¯ñÔ#†X×Xõôx¶&#Ôñ¯ñÌÌà  àà ` à4.€òòReserved€Rightsóó.€Grantors€reserve€to€themselves,€and€to€their€per„Ð ˆØ Ðà  àÔ_ÔsonalÔ_Ô€representatives,€heirs,€successors,€and€assigns,€all€rights€accruing€from€Ìà  àtheir€ownership€of€the€Property,€including€the€right€to€engage€in€or€permit€orÌà  àinvite€others€to€engage€in€all€uses€of€the€Property€that€are€not€expressly€pro„Ìà  àÔ_ÔhibitedÔ_Ô€herein€and€are€not€inconsistent€with€the€purpose€of€this€Easement.Ìà  à[Without€limiting€the€generality€of€the€foregoing,€the€following€rights€areÌà  àexpressly€reserved:]€€€Ô€^]_XXwCÔ17Ô€XwCX_^]ÔÐ  ` ÐÌà@2 2 ìà[Insert€Express€Reservations,€if€desired]€€€Ô€^]_XXwCÔ18Ô€XwCX_^]ԈРè 8  ÐÌà  àà ` à5.€òòNotice€of€Intention€to€Undertake€Certain€Permitted€Actionsóó.€€TheÐ À  Ðà  àpurpose€of€requiring€Grantors€to€notify€Grantee€prior€to€undertaking€certainÌà  àpermitted€activities,€as€provided€in€paragraphs€______€,€is€to€afford€Grantee€anÌà  àopportunity€to€ensure€that€the€activities€in€question€are€designed€and€carried€Ìà  àout€in€a€manner€consistent€with€the€purpose€of€this€Easement.€€Whenever€noticeÌà  àis€required€Grantors€shall€notify€Grantee€in€writing€not€less€than€òò€€€€[e.g.,€sixty€€€Ð \¬ Ðà  à€€€(60)]€€€€€óó€days€prior€to€the€date€Grantors€intend€to€undertake€the€activity€inÐ H˜ Ðà  àquestion.€The€notice€shall€describe€the€nature,€scope,€design,€location,€timetable,Ìà  àand€any€other€material€aspect€of€the€proposed€activity€in€sufficient€detail€to€Ìà  àpermit€Grantee€to€make€an€informed€judgement€as€to€its€consistency€with€theÌà  àpurpose€of€this€Easement.Ìà  àà ` à5.1€€òòGranteeððs€Approvalóó.€€Where€Granteeððs€approval€is€required,€asÐ ä4 Ðà  àset€forth€in€paragraphs€______€,€Grantee€shall€grant€or€withhold€its€approval€in€Ìà  àwriting€within€òò€€€[e.g.,€sixty€(60)]€€€óó€Days€of€receipt€of€Grantorsðð€written€requestÐ ¼  Ðà  àtherefor.€€Granteeððs€approval€may€be€withheld€only€upon€a€reasonableÌà  àdetermination€by€Grantee€that€the€action€as€proposed€would€be€inconsistentÌà  àwith€the€purpose€of€this€Easement.€€€Ô€^]_XXwCÔ19Ô€XwCX_^]ÔÐ €Ð Ðà  àà ` à6.€€òòGranteeððs€Remediesóó.€€If€Grantee€determines€that€Grantors€are€in€Ð l¼ Ðà  àviolation€of€the€terms€of€this€Easement€or€that€a€violation€is€threatened,€GranteeÌà  àshall€give€written€notice€to€Grantors€of€such€violation€and€demand€correctiveÌà  àaction€sufficient€to€cure€the€violation€and,€where€the€violation€involves€injury€toÌà  àthe€Property€resulting€from€any€use€or€activity€inconsistent€with€the€purpose€of€Ìà  àthis€Easement,€to€restore€the€portion€of€the€Property€so€injured.€€If€Grantors€failÌà  àto€cure€the€violation€within€òò€€€€€[e.g.,€thirty€(30)]€€€€€óó€Days€after€receipt€of€noticeÐ ô$D # Ðà  àthereof€from€Grantee,€or€under€circumstances€where€the€violation€cannot€Ìà  àreasonably€be€cured€within€a€òò€€€€€[thirty€(30)]€€€€€óó€Day€period,€fail€to€begin€curingÐ Ì&"% Ðà  àsuch€violation€within€the€òò€€[thirty€(30)]€€óó€Day€period,€or€fail€to€continue€diligentlyÐ ¸'#& Ðà  àto€cure€such€violation€until€finally€cured,€Grantee€may€bring€an€action€at€law€or€inÌà  àequity€in€a€court€of€competent€jurisdiction€to€enforce€the€terms€of€this€Easement,Ìà  àto€enjoin€the€violation,€òòex€parteóó€as€necessary,€by€temporary€or€permanentÐ |*Ì%) Ðà  àinjunction,€to€recover€any€damages€to€which€it€may€be€entitled€for€violation€of€Ìà  àthe€terms€of€this€Easement€of€injury€to€any€conservation€values€protected€by€thisÌà  àEasement,€including€damages€for€the€loss€of€scenic,€aesthetic,€or€environmentalÐ @-(, Ðà  àñ¦ñvalues,€and€to€require€the€restoration€of€the€Property€to€the€condition€that€existed€ñ¦ññ§ñÌÌñ§ñà ` àà Œ àà  àà h àà À àà  àà p àà È àÔ€ôx¶õXX×Ô€ñ­ñ€€€€€€€€€€€ñ­ñMODEL€EASEMENTÐ ° ÐÔ‡X×Xõôx¶ÔÌà  àñ©ñvalues,€and€to€require€the€restoration€of€the€Property€to€the€condition€that€existed€ñ©ññ©ñÔ#†ôx¶õXXײ7#ÔÔ‡X×Xõôx¶Ôñ©ññ¨ñÐ d´ Ðà  àñ¨ñprior€to€any€such€injury.€€Without€limiting€Grantorsðð€liability€therefor,€Grantee,Ìà  àin€its€sole€discretion,€may€apply€any€damages€recovered€to€the€cost€of€under„Ìà  àtaking€any€corrective€action€on€the€Property.€€If€Grantee,€in€its€sole€discretion,Ìà  àdetermines€that€circumstances€require€immediate€action€to€prevent€or€mitigateÌà  àsignificant€damage€to€the€conservation€values€of€the€Property,€Grantee€mayÌà  àpursue€its€remedies€under€this€paragraph€without€prior€notice€to€Grantors€or€Ìà  àwithout€waiting€for€the€period€provided€for€cure€to€expire.€€Granteeððs€rightsÌà  àunder€this€paragraph€apply€equally€in€the€event€of€either€actual€or€threatenedÌà  àviolations€of€the€terms€of€this€Easement,€and€Grantors€agree€that€GranteeððsÌà  àremedies€at€law€for€any€violation€of€the€terms€of€this€Easement€are€inadequate€Ìà  àand€that€Grantee€shall€be€entitled€to€the€injunctive€relief€described€in€thisÌà  àparagraph,€both€prohibitive€and€mandatory,€in€addition€to€such€other€terms€ofÌà  àthis€Easement,€without€the€necessity€of€proving€either€actual€damages€or€theÌà  àinadequacy€of€otherwise€available€legal€remedies.€€Granteeððs€remedies€described€Ìà  àin€this€paragraph€shall€be€cumulative€and€shall€be€in€addition€to€all€remedies€now€Ìà  àor€hereafter€existing€at€law€or€in€equity.€€€Ô#†ôx¶õXX×e8#ÔÔ€^Íw_õôx¶Ô20Ô€X×X_^ÍwÔÐ $t Ðà  àà ` à6.1€òòCosts€of€Enforcementóó.€€Any€costs€incurred€by€Grantee€in€enforcingÐ ` Ðà  àthe€terms€of€this€Easement€against€Grantors,€including,€without€limitation,€costs€Ìà  àof€suit€and€attorneysðð€fees,€and€any€costs€of€restoration€necessitated€by€GrantorsððÌà  àviolation€of€the€terms€of€this€Easement€shall€be€borne€by€Grantors.€€If€GrantorsÌà  àprevail€in€any€action€to€enforce€the€terms€of€this€Easement,€Grantorsðð€costs€ofÌà  àsuit,€including,€without€limitation,€attorneysðð€fees,€shall€be€borne€by€Grantee.€€€Ô€^Íw_XX×Ô21Ô€X×X_^ÍwÔÐ ¬ü Ðà  àà ` à6.2€òòGranteeððs€Discretionóó.€€Enforcement€of€the€terms€of€this€EasementÐ ˜è Ðà  àshall€be€at€the€discretion€of€Grantee,€and€any€forbearance€by€Grantee€to€exerciseÌà  àits€rights€under€this€Easement€in€the€event€of€any€breach€of€any€term€of€thisÌà  àEasement€by€Grantors€shall€not€be€deemed€or€construed€to€be€a€waiver€by€Ìà  àGrantee€of€such€term€or€of€any€subsequent€breach€of€the€same€or€any€other€termÌà  àof€this€Easement€or€of€any€of€Granteeððs€rights€under€this€Easement.€€No€delay€orÌà  àomission€by€Grantee€in€the€exercise€of€any€right€or€remedy€upon€any€breach€byÌà  àGrantors€shall€impair€such€right€or€remedy€or€be€construed€as€a€waiver.Ìà  àà ` à6.3€òòWaiver€of€Certain€Defensesóó.€€Grantors€hereby€waive€any€defense€ofÐ ø"H! Ðà  àlaches,€estoppel,€or€prescription.€€€Ô€^Íw_XX×Ô22Ô€X×X_^ÍwÔÐ ä#4" Ðà  àà ` à6.4€òòActs€Beyond€Grantorsðð€Controlóó.€€Nothing€contained€in€this€EasementÐ Ð$ # Ðà  àshall€be€construed€to€entitle€Grantee€to€bring€any€action€against€Grantors€forÌà  àany€injury€to€or€change€in€the€Property€resulting€from€causes€beyond€GrantorsððÌà  àcontrol,€including,€without€limitation,€fire,€flood,€storm,€and€earth€movement,€orÌà  àfrom€any€prudent€action€taken€by€Grantors€under€emergency€conditions€toÌà  àprevent,€abate,€or€mitigate€significant€injury€to€the€Property€resulting€from€suchÌà  àcauses.€€€Ô€^Íw_XX×Ô23Ô€X×X_^ÍwÔÐ X*¨%) Ðà  àà ` à7.€€òòAccessóó.€€No€right€of€access€by€the€general€public€to€any€portion€of€theÐ D+”&* Ðà  àProperty€is€conveyed€by€this€Easement.€€€Ô€^Íw_XX×Ô24Ô€X×X_^ÍwÔÐ 0,€'+ ÐÐ -l(, ЇñªñÌñªñÔ€ôx¶õXX×Ôà  àMODEL€CONSERVATION€EASEMENTÔ€X×Xõôx¶ÔÐ ° ÐÌà  àà ` à8.€òòCosts€and€Liabilitiesóó.€Grantors€retain€all€responsibilities€and€shall€bearÐ d´ Ðà  àall€costs€and€liabilities€of€any€kind€related€to€the€ownership,€operation,€upkeep,€Ìà  àand€maintenance€of€the€Property,€including€the€maintenance€of€adequate€Ìà  àcomprehensive€general€liability€insurance€coverage.€€Grantors€shall€keep€the€Ìà  àProperty€free€of€any€liens€arising€out€of€any€work€performed€for,€materials€Ìà  àfurnished€to,€or€obligations€incurred€by€Grantors.€€€Ô€^Íw_XX×Ô25Ô€X×X_^ÍwÔÐ  P Ðà  àà ` à8.1€òòTaxesóó.€Grantors€shall€pay€before€delinquency€all€taxes,€assessments,Ð ì < Ðà  àfees,€and€charges€of€whatever€description€levied€on€or€assessed€against€the€Ìà  àProperty€by€competent€authority€(collectively€ð ðtaxesðð),€including€any€taxesÌà  àimposed€upon,€or€incurred€as€a€result€of,€this€Easement,€and€shall€furnishÌà  àGrantee€with€satisfactory€evidence€of€payment€upon€request.€[Grantee€isÌà  àauthorized€but€in€no€event€obligated€to€make€or€advance€any€payment€of€taxes,€Ìà  àupon€òò€€€[e.g.,€three€(3)]€€€óó€Days€prior€written€notice€to€Grantors,€in€accordanceÐ tÄ  Ðà  àwith€any€bill,€statement,€or€estimate€procured€from€the€appropriate€authority,Ìà  àwithout€inquiry€into€the€validity€of€the€taxes€or€the€accuracy€of€the€bill,€state„Ìà  àÔ_ÔmentÔ_Ô,€or€estimate,€and€the€obligation€created€by€such€payment€shall€bearÌà  àinterest€until€paid€by€Grantors€at€the€lesser€of€____€percentage€points€over€theÌà  àprime€rate€of€interest€from€time€to€time€charged€by€òò€€[designated€bank]€€€óóor€theÐ ` Ðà  àmaximum€rate€allowed€by€law.]€€Ìà  àà ` à8.2€òòHold€Harmlessóó.€Grantors€shall€hold€harmless,€indemnify,€and€defend€Ð è8 Ðà  àGrantee€and€its€members,€directors,€officers,€employees,€agents,€and€contractors€Ìà  àand€the€heirs,€personal€representatives,€successors,€and€assigns€of€each€of€themÌà  à(collectively€ð ðIndemnified€Partiesðð)€from€and€against€all€liabilities,€penalties,€Ìà  àcosts,€losses,€damages,€expenses,€causes€of€action,€claims,€demands,€or€Ô_ÔjudgÔ_Ô„Ìà  àÔ_ÔmentsÔ_Ô,€including,€without€limitation,€reasonable€attorneysðð€fees,€arising€from€or€Ìà  àin€any€way€connected€with:€(1)€injury€to€or€the€death€of€any€person,€or€physical€Ìà  àdamage€to€any€property,€resulting€from€any€act,€omission,€condition,€or€otherÌà  àmatter€related€to€or€occurring€on€or€about€the€Property,€regardless€of€cause,€Ìà  àunless€due€solely€to€the€negligence€of€any€of€the€Indemnified€Parties;€(2)€the€Ìà  àobligations€specified€in€paragraphs€8€and€8.1;€and€(3)€the€existence€or€Ô_ÔadminisÔ_Ô„Ìà  àÔ_ÔtrationÔ_Ô€of€this€Easement.€€€Ô€^Íw_XX×Ô27Ô€X×X_^ÍwÔÐ  "\  Ðà  àà ` à9.€òòExtinguishmentóó.€€If€circumstances€arise€in€the€future€such€as€render€the€Ð ø"H! Ðà  àpurpose€of€this€Easement€impossible€to€accomplish,€this€Easement€can€only€be€Ìà  àterminated€tr€extinguished,€whether€in€whole€or€in€part,€by€judicial€proceedings€in€Ìà  àa€court€of€competent€jurisdiction,€and€the€amount€of€the€proceeds€to€which€Ìà  àGrantee€shall€be€entitled,€after€the€satisfaction€of€prior€claims,€from€any€sale,€Ìà  àexchange,€or€involuntary€conversion€of€all€or€any€portion€of€the€Property€Ìà  àsubsequent€to€such€termination€or€extinguishment,€shall€be€determined,€unless€Ìà  àotherwise€provided€by€òò€€[state]€€óó€law€at€the€time,€in€accordance€with€paragraph€9.1.€Ð l)¼$( Ðà  àGrantee€shall€use€all€such€proceeds€in€a€manner€consistent€with€the€conservation€Ìà  àpurposes€of€this€grant.€€€Ô€^Íw_XX×Ô28Ô€X×X_^ÍwÔÐ D+”&* ÐÌÐ -l(, ЇÔ€ôx¶õXX×Ôà  àà ` àà Œ àà  àà h àà À àà  àà p àñ«ñ€€€€€€€€€€€€€ñ«ñMODEL€EASEMENTÔ‡X×Xõôx¶ÔÐ ° ÐÌÓB"° ,XƒXŒ ‚XÍ“Xÿÿ°,XƒXŒ –XBÓà  àà ` à9.1€òòProceedsóó.€€This€Easement€constitutes€a€real€property€interest€Ô_ÔimmediÔ_Ô„€Ð d´ Ðà  àÔ_ÔatelyÔ_Ô€vested€in€Grantee,€which,€for€the€purposes€of€paragraph€9,€the€parties€Ìà  àstipulate€to€have€a€fair€market€value€determined€by€multiplying€the€fair€market€Ìà  àvalue€of€the€Property€unencumbered€by€the€Easement€(minus€any€increase€in€Ìà  àvalue€after€the€date€of€this€grant€attributable€to€improvements)€by€the€ratio€of€the€Ìà  àvalue€of€the€Easement€at€the€time€of€this€grant€to€the€value€of€the€Property,€Ìà  àwithout€deduction€for€the€value€of€the€Easement,€at€the€time€of€this€grant.€€The€Ìà  àvalues€at€the€time€of€this€grant€shall€be€those€values€used€to€calculate€the€Ìà  àdeduction€for€federal€income€tax€purposes€allowable€by€reason€of€this€grant,€Ìà  àpursuant€to€Section€170(h)€of€the€Internal€Revenue€Code€of€1954,€as€amended.€€Ìà  àFor€the€purposes€of€this€paragraph,€the€ratio€of€the€value€of€the€Easement€to€the€Ìà  àvalue€of€the€Property€unencumbered€by€the€Easement€shall€remain€constant.Ô#†ôx¶õXX×ÓZ#Ô€€€Ô€^Íw_õôx¶Ô29Ô€X×X_^ÍwÔÐ ˆØ  Ðà  àà ` à9.2€òòCondemnationóó.€€If€the€Easement€is€taken,€in€whole€or€in€part,€by€Ð tÄ  Ðà  àexercise€of€the€power€of€eminent€domain,€Grantee€shall€be€entitled€to€Ìà  àcompensation€in€accordance€with€applicable€law.€€€Ô€^Íw_XX×Ô30Ô€X×X_^ÍwÔÐ Lœ Ðà  àà ` à10.€€òòAssignmentóó.€€Ô‡X×XXX×ÔThis€Easement€is€transferable,€but€Grantee€may€assignÐ 8ˆ Ðà  àits€rights€and€obligations€under€this€Easement€only€to€an€organization€that€is€a€Ìà  àqualified€organization€at€the€time€of€transfer€under€Section€170(h)€of€the€In‚ternal€Ìà  àRevenue€Code€of€1954,€as€amended€(or€any€successor€provision€then€applicable),€Ìà  àand€the€applicable€regulations€promulgated€thereunder,€and€authorized€to€acquire€Ìà  àand€hold€conservation€easements€under€òò€[state€statute]€óó€(or€any€successor€provisionÐ Ô$ Ðà  àthen€applicable).€€As€a€condition€of€such€transfer,€Grantee€shall€require€that€theÌà  àconservation€purposes€that€this€grant€is€intended€to€advance€continue€to€be€carriedÌà  àout.Ô#†X×XXX×üa#Ô€€€Ô€^Íw_XX×Ô31Ô€X×X_^ÍwÔÐ ˜è Ðà0  àà0` (#(#à11.€òòSubsequent€Transfersóó.Ô‡X×XXX×Ô€Grantors€agree€to€incorporate€the€terms€of€thisЄÔ` (#` (# Ðà  àEasement€in€any€deed€or€other€legal€instrument€by€which€they€divest€them‚selves€Ìà  àof€any€interest€in€all€or€a€portion€of€the€Property,€including,€without€limitation,€a€Ìà  àleasehold€interest.€€Grantors€further€agree€to€give€written€notice€to€Grantee€of€the€Ìà  àtransfer€of€any€interest€at€least€òò[e.g.,€twenty€(20)]óó€days€prior€to€the€date€of€such€Ð 4 „ Ðà  àtransfer.€€The€failure€of€Grantors€to€perform€any€act€required€by€this€paragraph€shallÌà  ànot€impair€the€validity€of€this€Easement€or€limit€its€Ô_ÔenforceabilityÔ_Ô€in€any€way.€€€Ô€^Íw_XX×Ô32Ô€X×X_^ÍwÔÐ  "\  Ðà  àà ` à12.€òòEstoppel€Certificatesóó.€Upon€request€by€Grantors,€Grantee€shall€withinÐ ø"H! Ðà  àòò€[e.g.,€twenty€(20)]€óó€days€execute€and€deliver€to€grantors€any€document,€includ‚ing€Ð ä#4" Ðà  àan€estoppel€certificate,€which€certifies€Grantors'€compliance€with€any€obligation€Ìà  àof€Grantors€contained€in€this€Easement€and€otherwise€evidences€the€status€of€this€Ìà  àEasement€as€may€be€requested€by€Grantors.€€€Ô€^Íw_XX×Ô33Ô€X×X_^ÍwÔÐ ¨&ø!% Ðà  àà ` à13.€€òòNoticesóó.€€Any€notice,€demand,€request,€consent,€approval,€or€Ð ”'ä"& Ðà  àcommunication€that€either€party€desires€or€is€required€to€give€to€the€other€shall€beÌà  àin€writing€and€either€served€personally€or€sent€by€first€class€mail,€postage€prepaid,Ìà  àaddressed€as€follows:Ô#†X×XXX×âe#ÔÔ‡X×XXX×Ô€Ô#†X×XXX×ãl#ÔÐ X*¨%) Ðà  àà ` àà Œ àà  àà h àTo€Grantors:à0 Í à____________________ÐD+”&*Í(#Í(# Ðà  àà ` àà Œ àà  àà h àà À à€€€€€€€€€à0 Í à____________________Ð0,€'+Í(#Í(# Ðà  àà ` àà Œ àà  àà h àà À à€€€€€€€€à0 Í à____________________€Ð-l(,Í(#Í(# ЇÔ€ôx¶õXX×ÔMODEL€CONSERVATION€EASEMENTÔ€X×Xõôx¶ÔÐ ° ÐÌà  àà ` àà Œ àà  àà h àTo€Grantee:€à0 Í à____________________Ðd´Í(#Í(# Ðà  àà ` àà Œ àà  àà h àà À àà Í à____________________Ìà  àà ` àà Œ àà  àà h àà À àà Í à____________________ÌÌÓN%° ,XƒXŒ m ‚XÍ“Xÿÿ° ,XƒXŒ ‚XÍ“XNÓà  àor€to€such€other€address€as€either€party€from€tie€to€time€shall€designate€byÌà  àwritten€notice€to€the€other.€€€Ô€^Íw_XX×Ô34Ô€X×X_^ÍwÔÐ  P Ðà  àà ` à14.€€òòÔ_ÔRecordationÔ_Ôóó.€€Grantee€shall€record€this€instrument€in€timely€fashionÐ ì < Ðà  àin€the€official€records€of€__________€County,€òò€€€€[state]€€€€óó€And€may€re„record€it€Ð Ø (  Ðà  àat€any€time€as€may€be€required€to€preserve€its€rights€in€this€Easement.€€€Ô€^Íw_XX×Ô35Ô€X×X_^ÍwÔÐ Ä   Ðà  àà ` à15.€€òòGeneral€Provisionsóó.Ð °  ÐÝ ‚H ÝÝ  ÝÝ‚HÉrÝà0  àà0` (#(#àà0Œ ` (#` (#àÔ2AhÔÚ  ÚaÚ  Ú.Ô3  Ôà0m Œ (#Œ (#àÝ  ÝòòControlling€Lawóó.€€The€interpretation€and€performance€of€this€ÝƒHÉrôr݌Мì m (#m (# ÐŒÝ  Ýà  àEasement€shall€be€governed€by€the€laws€of€the€State€of€òò€€€€[state]€€€€óó€.Ð ˆØ  ÐÝ ‚H ÝÝ  ÝÝ‚H~tÝà0  àà0` (#(#àà0Œ ` (#` (#àÔ2AhÔÚ  ÚbÚ  Ú.Ô3  Ôà0m Œ (#Œ (#àÝ  ÝòòLiberal€Constructionóó.€€Ô‡X×XXX×ÔAny€general€rule€of€construction€to€the€ÝƒH~t©tÝŒÐtÄ m (#m (# ÐŒÝ  Ýà  àcontrary€notwithstanding,€this€Easement€shall€be€liberally€construed€in€favor€of€Ìà  àthe€grant€to€effect€the€purpose€of€this€Easement€and€the€policy€and€purpose€of,Ìà  àòò€€[state€statute]€óó€.€If€any€provision€in€this€instrument€is€found€to€be€ambiguous,€anÐ 8ˆ Ðà  àinterpretation€consistent€with€the€purpose€of€this€Easement€that€would€render€theÌà  àprovision€valid€shall€be€favored€over€any€interpretation€that€would€render€it€invalid.Ô#†X×XXX×[u#ÔÐ ` ÐÝ ‚H ÝÝ  ÝÝ‚HxÝà0  àà0` (#(#àà0Œ ` (#` (#àÔ2AhÔÚ  ÚcÚ  Ú.Ô3  Ôà0m Œ (#Œ (#àÝ  ÝòòSeverabilityóó.€€Ô‡X×XXX×ÔIf€any€provision€of€this€Easement,€or€the€application€ÝƒHx>xÝŒÐüLm (#m (# ÐŒÝ  Ýà  àthereof€to€any€person€or€circumstance,€is€found€to€be€invalid,€the€remainder€of€theÌà  àprovisions€of€this€Easement,€or€the€application€of€such€provision€to€persons€orÌà  àcircumstances€other€than€those€as€to€which€it€is€found€to€be€invalid,€as€the€case€Ìà  àmay€be,€shall€not€be€affected€thereby.Ô#†X×XXX×èx#ÔÐ ¬ü ÐÝ ‚H ÝÝ  ÝÝ‚H{Ýà0  àà0` (#(#àà0Œ ` (#` (#àÔ2AhÔÚ  ÚdÚ  Ú.Ô3  Ôà0m Œ (#Œ (#àÝ  ÝòòEntire€Agreementóó.€€Ô‡X×XXX×ÔThis€instrument€sets€forth€the€entire€agree‚ment€ÝƒH{0{݌Иèm (#m (# ÐŒÝ  Ýà  àof€the€parties€with€respect€to€the€Easement€and€supersedes€all€prior€discussions,Ìà  ànegotiations,€understandings,€or€agreements€relating€to€the€Ease‚ment,€all€of€which€Ìà  àare€merged€herein.€[No€alteration€or€variation€of€this€in‚strument€shall€be€valid€or€Ìà  àbinding€unless€contained€in€an€amendment€that€complies€with€paragraph€____€(seeÌà  àsupplementary€provisions€re:€Amendment.)]Ô#†X×XXX×Þ{#ÔÐ 4 „ ÐØØÓL€ Uh( LÓÝ ‚ó¿ ÝÝ  Ýà  àà ` àà Œ àÝ‚ó¿Æ~ÝÔ2UhÔÚ  ÚeÚ  Ú.Ô3  Ôà0 m àÝ  ÝòòNo€Forfeitureóó.€€Nothing€contained€herein€will€result€in€a€forfeiture€Ýƒó¿Æ~݌Р!pm (#m (# ÐŒÝ  Ýà  àor€reversion€of€Grantorððs€title€in€any€respect.ÌÓL€ eh((LÓÝ ‚ó¿ ÝÝ  Ýà  àà ` àà Œ àÝ‚󿇀ÝÔ2ehÔÚ  ÚfÚ  Ú.Ô3  Ôà0 m àÝ  ÝòòJoint€Obligationóó.€€The€obligations€imposed€by€this€Easement€upon݃󿇀րÝŒÐø"H!m (#m (# ÐŒÝ  Ýà  àGrantors€shall€be€joint€and€several.ÌÓL€ uh((LÓÝ ‚ó¿ ÝÝ  Ýà  àà ` àà Œ àÝ‚ó¿5‚ÝÔ2uhÔÚ  ÚgÚ  Ú.Ô3  Ôà0 m àÝ  ÝòòSuccessorsóó.€€Ô‡X×XXX×ÔThe€covenants,€terms,€conditions,€and€restrictions€of€Ýƒó¿5‚„‚ÝŒÐÐ$ #m (#m (# ÐŒÝ  Ýà  àthis€Easement€shall€be€binding€upon,€and€inure€to€the€benefit€of,€the€parties€hereto€Ìà  àand€their€respective€personal€representatives,€heirs,€successors,€and€assigns€and€Ìà  àshall€continue€as€a€servitude€running€in€perpetuity€with€the€Prop‚erty.Ô#†X×XXX×ð‚#ÔÐ ”'ä"& Ðà  àà ` àà Œ àh.€€òòTermination€of€Rights€and€Obligationsóó.€€Ô‡X×XXX×ÔA€party's€rights€andÐ €(Ð#' Ðà  àÓZ.°°` ¸ hÀpÈ xÐ (#° ,XƒXŒ m ‚XÍ“XZÓobligations€under€this€Easement€terminate€upon€transfer€of€the€party's€interest€ÌÓ-°°‚XŒ m ‰Xÿÿ°°X-Óà  àin€the€Easement€or€Property,€except€that€liability€for€acts€or€omissions€occurring€Ìà  àprior€to€transfer€shall€survive€transfer.Ô#†X×XXX×*…#ÔÐ D+”&* ÐÌÐ -l(, Їà  àà ` àà Œ àà m àà  àà h àà À àà  àà p àÔ‡ôx¶õXX×Ô€€€€€€€€€€€€€MODEL€EASEMENTÔ#†X×Xõôx¶¦‡#ÔÐ ° ÐÌØØÓL€ 0((LÓÝ ‚ó¿ ÝÝ  Ýà  àà ` àà Œ àÝ‚󿄈ÝÔ20ÔÚ  ÚiÚ  Ú.Ô3  Ôà0 m àÝ  ÝòòCaptionsóó.€€Ô‡X×XXX×ÔThe€captions€in€this€instrument€have€been€inserted€Ýƒ󿄈ӈÝŒÐd´m (#m (# ÐŒÝ  Ýà  àsolely€for€convenience€of€reference€and€are€not€a€part€of€this€instrument€and€shallÌà  àhave€no€effect€upon€construction€or€interpretation.Ô#†X×XXX×=‰#ÔÐ <Œ ÐØ ØÓL€ •h((LÓÝ ‚ó¿ ÝÝ  Ýà  àà ` àà Œ àÝ‚ó¿‹ÝÔ2•hÔÚ  ÚjÚ  Ú.Ô3  Ôà0 m àÝ  ÝòòCounterpartsóó.€€The€parties€may€execute€this€instrument€in€two€or€Ýƒó¿‹c‹ÝŒÐ( xm (#m (# ÐŒÝ  Ýà  àmore€counterparts,€which€shall,€in€the€aggregate,€be€signed€by€both€parties;€eachÌà  àcounterpart€shall€be€deemed€an€original€instrument€as€against€any€party€who€has€Ìà  àsigned€it.€€In€the€event€of€any€disparity€between€the€counterparts€produced,€the€Ìà  àrecorded€counterpart€shall€be€controlling.€€€Ô€^Íw_XX×Ô36Ô€X×X_^ÍwÔÐ Ø (  Ðà  àà ` àTO€HAVE€AND€TO€HOLD€unto€Grantee,€its€successors,€and€assigns€Ìà  àforever.€€€Ô€^Íw_XX×Ô37Ô€X×X_^ÍwÔÐ °  Ðà  àà ` àIN€WITNESS€WHEREOF€Grantors€and€Grantee€have€set€their€hands€Ìà  àon€the€day€and€year€first€above€written.ÌÌà  àà ` àà Œ àà m àà  àà h àà À àà  à______________________ÌÌà  àà ` àà Œ àà m àà  àà h àà À àà  à______________________Ìà  àà ` àà Œ àà m àà  àà h àà À àà  àà p àà È àGrantorsÌÌà  àà ` àà Œ àà m àà  àà h àà À àà  à______________________Ìà  àà ` àà Œ àà m àà  àà h àà À àà  àà p àà È àGranteeÌÌà  àà ` àà Œ àà m àà  àà h àà À àà  àBy€___________________ÌÌà  àà ` àà Œ àà m àà  àà h àà À àà  àits€òò€€€€€[Official€Capacity]€€€€óó€€€Ô€^Íw_XX×Ô38Ô€X×X_^ÍwÔÐ ˜è Ð[Acknowledgments]ÌÌÌÌÌÌÌÌÌà@(( ìàò òSCHEDULE€OF€EXHIBITSó óˆÐ Ð$ # ÐÌØ ØÓL€ ú½((LÓÝ ‚ó¿ ÝÝ  ÝÓ<°°é` Œ m ‰Xÿÿ°°‚XŒ m ‰X<ÓÝ‚ó¿Ã“ÝÔ2ú½ÔÚ  ÚAÚ  Ú.Ô3  Ôà0 é àÝ  ÝLegal€Description€of€Property€Subject€to€Easement݃ó¿Ã“*”݌Ш&ø!%é(#é(# ÐŒÝ  Ý[B.à0 é àBaseline€Documentation]Д'ä"&é(#é(# ÐB.€or€C.à0 é àSite€Descriptions/MapЀ(Ð#'é(#é(# Ð[C.€or€D.à0 é àIdentification€of€Prior€MortgageÐl)¼$(é(#é(# ÐÌÌÌÐ -l(, ÐÔ€ôx¶õXX×ÔMODEL€CONSERVATION€EASEMENTÔ€X×Xõôx¶ÔÐ ° ÐÌò òÔ€¼l, »XX×ÔSupplementary€Provisionsó ó€€€€Ô€^Íw_ »¼l,Ô39Ô€X×X_^ÍwÔÐ d´ Ð(Paragraph€numbers€indicate€relative€position€in€model.)ÌÓ<°°‚Âm ‰Xÿÿ°°é` Œ m ‰X<Óà  àà Ê à[5.2]à0 Œ àòòArbitrationóó.€€Ô‡X×XXX×ÔIf€a€dispute€arises€between€the€parties€concerning€the€Ðh¸Œ (#Œ (# Ðà  àconsistency€of€any€proposed€use€or€activity€with€the€purpose€of€this€Easement,€Ìà  àand€Grantors€agree€not€to€proceed€with€the€use€or€activity€pending€resolution€of€Ìà  àthe€dispute,€either€party€may€refer€the€dispute€to€arbitration€by€request€made€in€Ìà  àwriting€upon€the€other.€€Within€òò€€[e.g.,€thirty€(30)]€€óó€days€of€the€receipt€of€such€a€Ð  h Ðà  àrequest,€the€parties€shall€select€a€single€arbitrator€to€hear€the€matter.€If€the€parties€Ìà  àare€unable€to€agree€on€the€selection€of€a€single€arbitrator,€then€each€party€shall€Ìà  àname€one€arbitrator€and€the€two€arbitrators€thus€selected€shall€select€a€third€Ìà  àarbitrator;€provided,€however,€if€either€party€fails€to€select€an€arbitrator,€or€if€theÔ#†X×XXX×§—#Ô€Ô‡X×XXX×ÔÐ È  Ðà  àtwo€arbitrators€selected€by€the€parties€fail€to€select€the€third€arbitrator€withinÌà  àòò€€[e.g.,€fourteen€(14)]€€óó€days€after€the€appointment€of€the€second€arbitrator,€thenÐ  ð  Ðà  àin€each€such€instance€a€proper€court,€on€petition€of€aÔ#†X×XXX×[›#Ô€Ô‡X×XXX×Ôparty,€shall€appoint€the€Ð ŒÜ  Ðà  àsecond€or€third€arbitrator€or€both,€as€the€case€may€be,€in€accordance€with€òò€[stateóóÐ xÈ Ðà  àòò€arbitration€statute]€óó€,€or€any€successor€statute€then€in€effect.€€The€matter€shall€be€Ð d´ Ðà  àsettled€in€accordance€with€the€òò€€[state€arbitrationóó€òòstatute€or€other€appropriate€bodyóóÐ P  Ðà  àòòof€rules]€óó€then€in€effect,€and€a€judgment€on€the€arbitration€award€may€be€entered€in€Ð <Œ Ðà  àany€court€having€jurisdiction€thereof.€€The€prevailing€party€shall€be€entitled,€in€Ìà  àaddition€to€such€other€relief€as€may€be€granted,€to€a€reasonable€sum€as€and€for€all€Ìà  àits€costs€and€expenses€related€to€such€arbitration,€including,€without€limitation,€theÌà  àfees€and€expenses€of€the€arbitrators€and€attorneys'€fees,€which€shall€be€determinedÌà  àby€the€arbitrator(s)€and€any€court€of€competent€jurisdiction€that€may€be€called€Ìà  àupon€to€enforce€or€review€the€award.Ô#†X×XXX×Μ#Ô€€€Ô€^Íw_XX×Ô40Ô€X×X_^ÍwÔÐ Ä Ðà  àà Ê à[Ô‡X×XXX×ÔBetween€9€and€10]€òòAmendmentóó.€€If€circumstances€arise€under€which€an€Ð ° Ðà  àamendment€to€or€modification€of€this€Easement€would€be€appropriate,€Grantors€Ìà  àand€Grantee€are€free€to€jointly€amend€this€Easement;€provided€that€no€amend‚ment€Ìà  àshall€be€allowed€that€will€affect€the€qualification€of€this€Easement€or€the€status€of€Ìà  àGrantee€under€any€applicable€laws,€including€òò€€[state€statute]€€óó€or€Sec‚tion€170(h)€Ð ` ° Ðà  àof€the€Internal€Revenue€Code€of€1954,€as€amended,€and€any€amendment€shall€beÌà  àconsistent€with€the€purpose€of€this€Easement,€and€shall€not€affect€its€perpetual€Ìà  àduration.€€Any€such€amendment€shall€be€recorded€in€the€official€records€of€Ìà  à__________€County,€òò€€€€[state]€€€€óó€.€€€€Ô€^Íw_XX×Ô41Ô€X×X_^ÍwÔÐ $`" Ѐ€€Ô#†X×XXX×µ¡#Ôà0  àà0Ê(#(#à[10.1]à0m Ê(#Ê(#àòòExecutory€Limitationóó.€€Ô‡X×XXX×ÔIf€Grantee€shall€cease€to€exist€or€to€be€a€Ðü$L #m (#m (# Ðà  àqualified€organization€under€Section€170(h)€of€the€Internal€Revenue€Code€of€Ìà  à1954,€as€amended,€or€to€be€authorized€to€acquire€and€hold€conservationÌà  àease‚ments€under€òò€[state€statute]€óó€,€and€a€prior€assignment€is€not€made€pursuant€Ð À'#& Ðà  àto€paragraph€10,€then€Grantee's€rights€and€obligations€under€this€Easement€shall€Ìà  àbecome€immediately€vested€in€òò€€[designated€back„up€grantee]€€óó.€€If€òò€€[designatedóóÐ ˜)è$( Ðà  àòòback„up€grantee]€óó€is€no€longer€in€existence€at€the€time€the€rights€and€obliga‚tions€Ð „*Ô%) Ðà  àunder€this€Easement€would€otherwise€vest€in€it,€or€if€òò€€[designated€back„upóóÐ p+À&* Ðà  àòò€grantee]€€óó€is€not€qualified€or€authorized€to€hold€conservation€easements€as€Ð \,¬'+ Ðà  àpro‚vided€for€an€assignment€pursuant€to€paragraph€10,€or€if€it€shall€refuse€such€Ð H-˜(, Їà  àà Ê àà Œ àà m àà  àà h àà À àà  àà p à€€€€€€€€€€Ô‡ôx¶õXX×ÔMODEL€EASEMENTÔ#†X×Xõôx¶–ª#ÔÐ ° ÐÌà  àrights€and€obligations,€then€the€rights€and€obligations€under€this€Easement€shall€Ìà  àvest€in€such€organization€as€a€court€of€competent€jurisdiction€shall€direct€Ìà  àpursu‚ant€to€the€applicable€òò€€[state]€€óó€law€and€with€due€regard€to€the€require‚mentsÐ `° Ðà  àfor€an€assignment€pursuant€to€paragraph€10.Ô#†X×XXX×ä¥#Ô€€€Ô€^Íw_XX×Ô42Ô€X×X_^ÍwÔÐ L œ Ðà  àà Ê à[Between€10€and€11]€€òòSubordinationóó.€€At€the€time€of€conveyance€of€this€Ð 8 ˆ Ðà  àEasement,€the€Property€is€subject€to€the€mortgage€identified€in€Exhibit€òò€[C€or€D]€óó€Ð $ t Ðà  àattached€hereto€and€incorporated€by€this€reference,€the€holder€of€which€has€Ìà  àagreed€by€separate€instrument,€which€will€be€recorded€immediately€after€this€Ìà  àEasement,€to€subordinate€its€rights€in€the€Property€to€this€Easement€to€the€extentÌà  ànecessary€to€permit€the€Grantee€to€enforce€the€purpose€of€the€Easement€inÌà  àperpetuity€and€to€prevent€any€modification€or€extinguishment€of€this€Ease‚ment€Ìà  àby€the€exercise€of€any€rights€of€the€mortgage€holder.€€The€priority€of€the€existing€Ìà  àmortgage€with€respect€to€any€valid€claim€on€the€part€of€the€existing€mortgage€Ìà  àholder€to€the€proceeds€of€any€sale,€condemnation€proceedings,€or€insurance€or€toÌà  àthe€leases,€rents,€and€profits€of€the€Property€shall€not€be€affected€thereby,€and€any€Ìà  àlien€that€may€be€created€by€Grantee's€exercise€of€any€of€its€rights€under€this€ñ›ñÌà  àñ›ñEasement€shall€be€junior€to€the€existing€mortgage.€€Upon€request,€Grantee€agrees€ñœñÌà  àñœñto€subordinate€its€rights€under€this€Easement€to€the€rights€of€any€future€mortgage€ññÌà  àññholders€or€beneficiaries€of€deeds€of€trust€to€the€proceeds,€leases,€rents,€and€profitsñžñÌà  àñžññŸñ€ñŸñdescribed€above€and€likewise€to€subordinate€its€rights€under€any€lien€and€to€ñ ñÌà  àñ ñexecute€any€documents€required€with€respect€to€such€subordination,€except€that€ñ¡ñÌà  àñ¡ñthe€priority€of€any€lien€created€by€Grantee's€exercise€of€any€of€its€rights€under€thisñ¢ñÌà  àñ¢ññ£ñ€ñ£ñEasement€prior€to€the€creation€of€a€mortgage€or€deed€of€trust€shall€not€be€affected€ñ¤ñÌà  àñ¤ñthereby,€nor€shall€this€Easement€be€subordinated€in€any€other€respect.€€€Ô€^Íw_XX×Ô43Ô€X×X_^ÍwÔÐ ¼  ÐÌÌ€ÌÌà  àÌÌÌÌÌÌÌà  àÌ€€€Ìà  àÌòòÌóóÌ