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45 <br /> EXHIBIT B <br /> PAGE 2 OF 2 <br /> THENCE, DEPARTING SAID RIGHT OF WAY, S 04° 29' 35" W FOR A DISTANCE OF <br /> 867.68 FEET TO A POINT; <br /> THENCE, S 08° 59' 25" W FOR A DISTANCE OF 123.54 FEET TO A POINT; <br /> THENCE, S 54° 27' 36" E FOR A DISTANCE OF 44.41 FEET TO A POINT; <br /> THENCE S 790 25' 48" E A DISTANCE OF 156.71 FEET TO THE POINT OF BEGINNING, <br /> CONTAINING 24,205 SQFT -AND- 0.556 ACRES. <br /> UTILITY EASEMENT <br /> A PORTION OF ALL THAT CERTAIN PARCEL OF LAND LYING IN THE TOWN 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 SOUTHERN MOST <br /> PROPERTY CORNER OF SAID PROPERTY, AND HAVING NORTH CAROLINA STATE <br /> PLANE COORDINATES E:1980550' -AND-N:778289'; <br /> THENCE, N 250 44' 44" W FOR A DISTANCE OF 149.59 FEET TO A POINT ON A 448 <br /> SQFT LEASE AREA; <br /> THENCE, ALONG SAID LEASE AREA, S 89° 33' 19" W FOR A DISTANCE OF 21.16 FEET <br /> TO A POINT; <br /> THENCE, ALONG SAID LEASE AREA, N 00° 26' 41" W FOR A DISTANCE OF 21.16 <br /> FEET TO A POINT; <br /> THENCE, ALONG SAID LEASE AREA, N 89° 33' 19" E FOR A DISTANCE OF 7.00 FEET <br /> TO THE POINT OF BEGINNING; <br /> THENCE, DEPARTING SAID LEASE AREA, N 00° 26' 41" W FOR A DISTANCE OF 16.41 <br /> FEET TO A POINT; <br /> THENCE,N 890 33' 19" E FOR A DISTANCE OF 5.00 FEET TO A POINT; <br /> THENCE, S 000 26' 41" E FOR A DISTANCE OF 16.41 FEET TO A POINT ON A <br /> PREVIOUSLY MENTIONED LEASE AREA; <br /> THENCE, ALONG SAID LEASE AREA, S 89° 33' 19" W FOR A DISTANCE OF 5.00 FEET <br /> TO THE POINT OF BEGINNING, CONTAINING 82 SQFT -AND- 0.002 ACRES. <br /> S Site Name: Chapel Hill 368-207 <br /> Crown BU: 813283 <br /> Cingular Site: 10017380 <br /> PPAB 4180506V3 <br />