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202/03872 <br />and recorded with the Register of Deeds of the County in which the Premises is located to <br />be valid and enforceable. <br />b. Assignment. This Conservation Easement is not assignable or otherwise transferrable by <br />Grantor except when the fee simple interest of the Premises is conveyed by Grantor. <br />Holder may assign its rights and obligations under this Conservation Easement pursuant <br />to the Conservation and Preservation Easements Act. Upon such assignment, the then <br />existing Holder shall be relieved of any and all obligations under this Conservation <br />Easement. <br />c. Subsequent Transfers. Grantor agrees to incorporate the terms of this Conservation <br />Easement in any deed or other legal instrument by which it divests itself of any interest in <br />all or a portion of the Premises, including, without limitation, a leasehold interest. <br />IN WITNESS WHEREOF, the parties have hereunto set their hands and seals the day <br />and year first above written. <br />[Signatures appear on the following pages] <br />2619447v5 - 7 <br />