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2 3 ~~ <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°06'56" West <br />951.82 feet to an existing iron pipe marking the northwest comer of a Quaker Cemetery; <br />runs -thence South 03°11'48" West 522.96 feet to an existing iron pipe marking the <br />northwest corner 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°39'30" 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°57'18" 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 Harris, Registered Land Surveyor. <br />