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51 <br />EXHIBIT A <br />BEING all that certain tract or parcel of land in Chapel Hill <br />Township, Orange County, North Carolina, containing 17.80 acres, <br />more or less, and more particularly described as follows: <br />BEGINNING at an iron in the Southern margin of Culbreth Road, <br />corner with the Chapel Hill Board of Education Culbreth Junior <br />High School property, N.C. Grid Coordinates 779,466.19 and <br />1,980,460.55 and running thence along and with the Southern <br />right of way of Culbreth Road, South 77 deg. 45' 2811 East 133.09 <br />feet to a stake; thence continuing with the Southern right of <br />way of Culbreth Road along a curve to the left having a radius <br />of 735.00' through a central angle of 38 degrees 08' 3010, with a <br />chord distance of 480.30' bearing N 83 degrees 10' 17" East, for <br />an arc distance of 489.291 to a new iron pipe; thence with the <br />line of First Financial Service Corp. of Raleigh South 00 deg. <br />041 32 West 462.57 feet to a stake; thence South 85 deg. 23. 1 <br />03" East 571.56 feet to a stake; thence along Wilson Creek <br />and /or the J.B: Bennett Heirs' property the following courses <br />and distances: South 35 deg. 12' 25" West 50.58 feet to a <br />stake; thence South 08 deg. 41' 32" West 121.50 feet to a stake; <br />thence South 47 deg. 58' 28" East 73.05 feet to a stake; thence <br />South 21 deg. 501 20" East 74.55 feet to a stake; thence South <br />52 deg. 41' 0211 West 674.89 feet to a stake; running thence <br />along Fan Creek' and the Ruby H. Merritt property North 70 deg. <br />211 3911 West 138.19 feet to a stake; thence South 54 deg. 50' <br />32" West 150 feet to a stake in the margin of the Ruby H. <br />Merritt property; running thence with Virginia H. Grantham's <br />line North 52 deg. 581 48" West. 325.96 feet to a stake; running <br />thence with the Chapel Board of Education Culbreth Junior High- - <br />School property North 22 deg. 54' 45" East 364.82 feet to an <br />iron; running thence North 24 deg. 18' 23" West 735.61 feet to <br />an iron in the southern margin of Culbreth Drive, the point and <br />place of BEGINNING, according to plat and survey prepared by <br />Freehold Land Surveys, Inc. recorded in May Book 55, pages 59 <br />through 62, Orange County Registry. c <br />[AHP2:ExhibitA:ajs] <br />—= rP <br />