Private loan, move to conventional

[Eric Rich]

I have a unique private loan from someone who has put stipulations on my land use. He has built into the loan terms that I cannot sell the property, subdivide, build or really do anything to the property until there has successfully been a conservation easement placed on the property. I am doubtful that any entity will ever want to place a conservation easement on a city property such as mine, albeit large. I would like to subdivide my property and move away from these really strict terms put on my loan. The really nice thing with staying in the loan is that it's a 20y fixed @ 3.65% on an investment property. My question is: Is there any reason why I couldn't just change my lender? I'm thinking that some of the terms might not hold up legally, so I'd also like to send them to a real estate attorney for them to go over. I'm also interested to know if it's legal as a lender to make your borrower take on a conservation easement. Any help is appreciated. Thank you. 

[Chris Seveney]

@Eric Rich

These are all questions for your attorney to review with the exact Language in the agreements.