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14 <br />now or formerly (see deed recorded in Book 400, page 235, Orange County Registry); <br />runs thence along the Freeland Heirs property the following courses and distances: <br />North 89 °23'41" West 953.00 feet to an existing iron pipe; and South 01 006'56" West <br />951.82 feet to an existing iron pipe marking the northwest comer of a Quaker Cemetery; <br />runs thence South 03 011'48" West 522.96 feet to an existing iron pipe marking the <br />northwest comer of property described by deed recorded in Book 1390, page 592, <br />Orange County Registry; runs thence South 02 °34'15" West 500.62 feet to an existing <br />iron pipe marking the southwest comer of property described by deed recorded in Book <br />1451, page 360, Orange County Registry; runs thence South 80 039'30" East 156.7 feet <br />to a point located in the centerline of N.C. 57, said point being located South 12 °14' <br />West 981.99 feet from N.C.G.S. Monument "Billy", said monument having North <br />Carolina Grid Coordinates N= 860,096.987 and E= 1,971,225.337; runs thence South <br />14 057'18" West 30.76 feet to the point and place of Beginning, containing 312.96 acres, <br />all according to that survey entitled "Property of Champion Realty Corp." Dated June 10, <br />1997 and prepared by R. Lowell Hams, Registered Land Surveyor. <br />