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20050415000131490 R/C
<br /> Bk:RB3721 Pg�527
<br /> 04/15/2005 12:39: 4PM 13/23
<br /> way of variable width; runs thence along and with said eastern right of way line of Old Chapel
<br /> Hill—Hillsborough Road the following five courses and distances: (1) North 13° 50' 00" West
<br /> 122.39 feet to an existing concrete monument, said monument being identified as Station 50+00;
<br /> (2) North 12° 47' 26" West 121.90 feet to an existing iron pipe; (3) North 12° 49' 31" West
<br /> 843.06 feet to an existing iron pipe; (4) North 12° 50' 24" West 608.30 feet to an existing
<br /> concrete monument; and (5) North 180 13' 43" West 274.95 feet to an existing concrete
<br /> monument, said monument being the southwest corner of the property owned now or formerly
<br /> by Michael T. Brown et al. and Rufus B. Blackley as described in deed recorded in Book 948,
<br /> page 223, Orange County Registry; runs thence along and with the southern line of said Brown
<br /> property South 87° 28' 50" East 399.14 feet to an existing iron pipe, said pipe being located in
<br /> the western line of property owned now or formerly by Hugh Moren as shown on Plat Book 94,
<br /> page 149, Orange County Registry; runs thence along and with said western line of the Moren
<br /> property South 02° 21' 39" East 589.22 feet to an existing iron pipe; runs thence along and with
<br /> the southern line of said Moren property South 890 14' 35" East 947.71 feet to an existing iron
<br /> pipe; runs thence along and with the eastern line of said Moren property the following three
<br /> courses and distances: (1) North 05° 05' 29" West 1,310.03 feet to an existing iron pipe; (2)
<br /> North 16° 20' 39" West 722.05 feet to an existing iron pipe; and (3) North 33° 33' 55" West
<br /> 310.25 feet to an existing iron pipe; runs thence along and with the northern line of said Moren
<br /> property the following two courses and distances: (1)North 82°01' 55"West 1,199.64 feet to an
<br /> existing iron pipe; and(2) South 74° 02' 53" West 400.40 feet to a calculated point located in the
<br /> eastern right of way line of Old Chapel Hill — Hillsborough Road (SR 1009), a public right of
<br /> way of variable width; runs thence along and with said eastern right of way line North 16° 05'
<br /> 59" West 149.19 feet to a calculated point, runs thence North 73° 55' 11" West 431.89 feet to an
<br /> existing iron pipe; runs thence South 82° 01' 52" East 1,116.91 feet to a point, said point being
<br /> the southwest corner of Lot 22R as shown on Plat Book 76, page 39, Orange County Registry;
<br /> runs thence along and with the southern line of Old Mill Subdivision, Phase One-A, as shown on
<br /> Plat Book 76,page 39, Plat Book 78,page 40,Plat Book 78,page 64,Plat Book 87,page 62,Plat
<br /> Book 80, page 158, and Plat Book 94, page 78, all of the Orange County Registry, the following
<br /> eight courses and distances: (1) North 52° 28' 09" East 200.83 feet to a calculated point; (2)
<br /> North 53° 01' 15" East 246.01 feet to a calculated point; (3) North 52° 28' 41" East 379.86 feet
<br /> to an existing iron pipe; (4) North 52° 28' 41" East 172.23 feet to a calculated point; (5) North
<br /> 38° 39' 26" East 377.71 feet to a calculated point; (6) North 02° 20' 55"West 281.24 feet to a
<br /> calculated point; (7)North 25°22' 22"East 547.49 feet to a point; and(8)North 80°53' 52"East
<br /> 500.87 feet to the POINT AND PLACE OF BEGINNING, containing approximately 335.03
<br /> acres, all according to plat of survey entitled "WATERSTONE — OVERALL BOUNDARY
<br /> EXHIBIT W/ EASEMENTS, TOWN OF HILLSBOROUGH, ORANGE COUNTY, NC"
<br /> prepared by The John R. McAdams Company, Inc.,dated April 9,2005.
<br /> SAVE AND EXCEPT from the above-described TRACT 1 that certain tract or parcel of land
<br /> being shown as Tract A, containing 20.00 acres, as shown on plat of survey entitled "DTCC
<br /> TRACT & WATERSTONE DRIVE DEDICATION — 20.00 ACRES — TOWN OF
<br /> HILLSBOROUGH, ORANGE COUNTY, NC" prepared by The John R. McAdams Company,
<br /> Inc., dated July 12, 2004, last revised April 5, 2005, and recorded in Plat Book , page
<br /> � , Orange County Registry.
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