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• - - © oiy <br /> 149 <br /> NORTH CAROLINA <br /> ORANGE COUNTY <br /> THIS AGREEMENT FOR THE EXCHANGE OF LAND, made and <br /> entered into this the 62(it day of 1111 ,1988, by and <br /> between WADE B. MACDONAID & wife, BARBARA A. MACDONALD, 2624 <br /> Winton Road, Durham, NC 27707, Parties of the First Part, and <br /> the ORANGE COUNTY BOARD OF EDUCATION, 200 E. King Street, <br /> Hillsborough, NC 27278, Party of the Second Part; <br /> WITNESSETH : <br /> That, whereas, the parties of the first part are the <br /> owners of a certain 1.38 acre tract or parcel of land located in <br /> 0 <br /> 0 <br /> Chapel Hill Township, Orange County, North Carolina and more <br /> particularly described hereinafter; and whereas the party of the <br /> 0 <br /> 4 second part is in the process of purchasing a 1.30 acre tract or <br /> a parcel of land also located in Chapel Hill Township, Orange <br /> g• County, North Carolina, and being more particularly described <br /> d hereinafter; and whereas the parties hereto have agreed to <br /> 0-• exchange said tracts and parcels of land upon the terms and <br /> 0 <br /> 1• conditions herein set forth; <br /> Now, therefore, the parties hereto agree each with the <br /> other as follows: <br /> 1. That the parties of the first part will convey to <br /> the party of the second part a certain tract or parcel of land <br /> located in Chapel Hill Township, Orange County, North Carolina, <br /> and being more particularly described as follows: <br /> BEGINNING at an iron stake set in the western line of <br /> the property presently owned by Nannie M. Blackwood and <br /> others, the northwest corner of property presently <br /> owned by Robert Strayhorn; running thence with <br /> 1 <br />