Extract to table

3-acre PS-1 easement area from the lien of the deed of trust — or, alternatively, a subordination agreement by which Evergreen Agricultural Credit Association subordinates its lien to CSIA's easement interest — must be obtained as a condition precedent to closing

Additionally, the specific language of the carve-out provision must be reviewed to determine whether the carve-out is self-executing or whether written consent from the Whatcom County Land Trust is required

If the carve-out requires written consent, or if the combined VFH easement acreage approaches or exceeds the 5% threshold, written consent from the Land Trust must be obtained prior to closing

This documentation must be in form satisfactory to Cascade Basin Title Company

8 acres must be counted together with the PS-1 easement area (2

VFH must provide an affidavit confirming no tenants or parties in possession of the proposed PS-2 easement area, or appropriate tenant subordination documentation must be obtained