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1856522 RECORDED IN THE RECORDS OF JEFFREY K BARTON, CLERK CIRCUIT COURT INDIAN RIVER CO FL, BK: 2182 PG: 109, 07/06/2007 12:59 PM DOC STAMPS D $22680.00 Conservation Easement (Conservation Easement I — East) THIS CONSERVATION EASEMENT ("Conservation Easement") is given this day of Lo L- y 2007, by Ranch Management Consultants, Inc., a Florida corporation whose mailing address is 695 SW U.S. Highway 1, Vero Beach, Florida 32960-2187; P. O. Box 2187, Vero Beach, Florida 32960 ("Grantor") to Indian River County, a political subdivision of the State of Florida, c/o Community Development Department, 1840 25th Street, Vero Beach, Florida 32960 ("Grantee"). The parties agree as follows: WITNESSETH WHEREAS, the Grantor is the owner of certain lands situated in Indian River County, Florida, hereinafter referred to as the "Property," more specifically described in Exhibit "A" attached hereto and incorporated herein by this reference; and WHEREAS, the Property possesses natural, scenic, open space, and agricultural values (collectively, "Conservation Values") of great importance to Grantor, Grantee, and the people of Indian River County; and WHEREAS, the specific Conservation Values of the Property are documented as part of the "Baseline Documentation," a summary of which is attached hereto and incorporated herein as Exhibit "B." The complete Baseline documentation report shall be prepared prior to closing and agreed to by both Grantor and Grantee as an accurate representation of the Property at the time of this grant and is intended to serve as an objective information baseline for monitoring compliance with the terms of this Conservation Easement; and WHEREAS, Grantor intends, as more specifically set forth in this Conservation Easement that: the Conservation Values of the Property be preserved and maintained in perpetuity; including those relating to farming, ranching, and low density residential existing at the time of this grant, or otherwise provided herein; that do not significantly impair or interfere with those values; and the wetlands and woodlands identified on the Map attached hereto as Exhibit "C" and incorporated herein by this reference be protected and conserved in perpetuity; and WHEREAS, Exhibit "B" and Exhibit "C" include the land area applicable to this Conservation Easement and also to Conservation Easement II West, a separate conservation easement to be granted to Grantee simultaneously with this Conservation Easement from a separate grantor. For the purposes of this Conservation Easement, the references in Exhibits "B" and "C shall apply only to the land described in Exhibit "A" lying east of 82nd Avenue; and