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200803328 have been encumbered or extinguished by this Easement shall be transferred to any other lands pursuant to a transferable development rights scheme, cluster development arrangement or otherwise. 3. GRANTOR'S RESERVED RIGHTS. The Grantor reserves for Grantor, Grantor's heirs, successors and assigns, all rights as owners of the Protected Property to use the Protected Property for all purposes that are not expressly prohibited herein and are not inconsistent with this Easement. Without limiting the generality of the foregoing, the following rights are expressly reserved: 3.1. Conveyance. Grantor may sell, give, mortgage, lease or otherwise convey the Protected Property, provided that such conveyance is subject to this Easement and written notice is provided to the Conservancy in accordance with paragraph 6.5 below. 3.2. Agricultural Uses. Notwithstanding the foregoing, the Protected Property may be used for grazing cattle; cutting, baling and removing hay; and other agricultural uses, including row crop agriculture, and passage may be allowed across or upon the Protected Property in conjunction with this permitted activity. Grantor may enroll the Property in appropriate governmental farm programs that are not inconsistent with the purposes of this Conservation Easement, including but not limited to the Conservation Reserve Program, the Wetland Reserve Program or any other program of the United States Department of Agriculture, and may enter into additional agreements or grant additional easements as required for enrollment in such programs. 3.3. Signs. Grantor may place interpretive signs and "no hunting," "no trespassing" or similar signs on the Protected Property. 3.4. Native Species. Grantor may undertake to restore and enhance the native plant and animal communities on the Protected Property under an ecological management plan which has received the prior written approval of the Conservancy. 3.5. Fences. Water Pipelines. Windmills. Tanks and Corrals. Grantor may, but shall not be obligated to install, repair, replace, maintain, improve or remove any fencing located on the Protected Property as of the date ofthis Easement. Newly constructed boundary or pasture- division fences must allow for reasonable wildlife passage through the Protected Property, but other fencing may exclude wildlife from haystacks, newly-seeded areas, and temporary vegetative restoration areas. Grantor may install, repair, replace, maintain, improve, or remove existing agricultural water facilities (including wells, water pipelines, and tanks) and develop new water resources and facilities for wildlife habitat enhancement and other uses provided for herein; provided that any maintenance, repair, reconstruction, construction or development activities may not cause impairment of the Conservation Values of the Protected Property. 3.6. Preservation. Grantor may, but shall not be obligated to, undertake any activity reasonably necessary to maintain the Protected Property in the condition in which it exists on the date of this Conservation Easement. - 4 -