S Warranty Deed - Approval of the Proposed Acquisition of Real Property (Penny Tract) from the Triangle Land Conservancy

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20060630000125320 DEED Bk:RB4066 P9:440 06!30!2006 08:12:06AM 3/3 Attachment A Being Tract #2 as shown on the plat of survey by Douglas R. Yarbrough, L-3395, Landmark Surveying, Inc., which plat is titled "FINAL PLAT, RECOMBINATION SURVEY, PROPERTY OF WADE H. PENNY, JR. AND WIFE CAROLYN K. PENNY," which plat is dated January 31, 2006 and which plat is recorded at Plat Book 99, Page 136, Orange County Registry and Plat Book 172, Page 13, Durham County Registry. Tract #2 has the following metes and bounds description per the aforesaid recorded plat: BEGINNING at a mathematical point, said mathematical point lying at the intersection of the centerline of Pickett Road - S.R. #1734 and the Durham-Orange County line; thence S 08° 10' 20" W 36.53' to a new iron pipe; thence S 30° 50' 39" W 166.67' to a new iron pipe; thence S 31° 49' 26" W 168.98' to a new iron pipe; thence S 43° 42' 07" W 291.68' to a new iron pipe; thence S 34° 32' 11" W 126.85' to a new iron pipe; thence S 39° 39' 21" W 128.24' to a new iron pipe; thence S 16° 38' 30" W 113.60' to a new iron pipe; thence S 17° 00' 07" W 59.76' to a new iron pipe; thence S 23° 07' 06" W 97.59' to a new iron pipe; thence S OS° 19' S6" W 94.60' to a new iron pipe; thence S 78° 55' 45" W 169.45 to a mathematical point, said mathematical point lying within New Hope Creek; thence N 36° 31' 23" W 76.94' to a mathematical point; thence N 46° 45' 44" W 131.56' to a mathematical point; thence N 33° 02' 28" W 200.26' to a mathematical point; thence N 18° 37' S0" W 188.56' to a mathematical point; thence N 47° 32' 13" W 65.39' to a mathematical point; thence N 25° 29' 23" W 163.81' to a mathematical point; thence N 07° 55' S0" E 84.08' to a mathematical point; thence N 51 ° 51' 40" E 53.06' to a mathematical point; thence N 12° OS' 47" W 60.48' to a mathematical point; thence N 29° 31' OS" W 75.58' to a mathematical point; thence N 54° 48' 48" E 330.32' to an existing iron pipe; thence N OS° 59' 31" E 208.52' to an existing iron pipe (control corner); thence S 88° 48' 06" E 730.56' to a mathematical point, said mathematical point lying on the centerline of Pickett Road; thence along and with the centerline of Pickett Road S 45° 14' Ol"E 130.28' to a mathematical point; thence S 46° 59' 24" E 150.68' to the point and place of beginning.