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33 <br /> EXHIBIT B <br /> UTILITY EASEMENT <br /> A PORTION OF ALL THAT CERTAIN PARCEL OF LAND LYING IN THE TOWNSHIP OF <br /> CHAPEL HILL, COUNTY OF ORANGE, STATE OF NORTH CAROLINA, DESCRIBED IN <br /> DEED BOOK 5743 PAGE 496, FURTHER DESCRIBED AS: <br /> COMMENCING FROM AN EXISTING IRON PIPE FOUND ON THE SOUTHERN MOST <br /> CORNER OF SAID PARCEL AND HAVING NORTH CAROLINA STATE PLANE <br /> COORDINATES E:1980550'-N:778289' <br /> THENCE,N 14° 04' 40" W FOR A DISTANCE OF 565.91 FEET TO A POINT ON A 864 <br /> SQUARE FOOT TOWER LEASE; <br /> THENCE ALONG SAID TOWER LEASE, S 77° 46' 13" E FOR A DISTANCE OF 18.92 <br /> FEET TO THE POINT OF BEGINNING <br /> THENCE ALONG SAID TOWER LEASE, S 77° 46' 13" E FOR A DISTANCE OF 10.00 <br /> FEET TO A POINT; <br /> THENCE DEPARTING SAID TOWER LEASE, S 12° 13' 47" W FOR A DISTANCE OF 29.44 <br /> FEET TO A POINT; <br /> THENCE, S 21- 03'24" W FOR A DISTANCE OF 4.83 FEET TO A POINT; <br /> THENCE,N 68° 56' 36" W FOR A DISTANCE OF 10.12 FEET TO A POINT; <br /> THENCE,N 21- 03' 25" E FOR A DISTANCE OF 4.83 FEET TO A POINT; <br /> THENCE,N 12° 13' 47" E FOR A DISTANCE OF 27.89 FEET TO A POINT ON SAID <br /> TOWER LEASE, ALSO BEING THE POINT OF BEGINNING, CONTAINING 336 SQFT - <br /> AND- 0.008 ACRES. <br /> Culbreth,NC <br /> BU 814444 <br /> PPAB 4231906v5 <br />