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I <br />/0-3- <br />i ~ .; <br />The Preserve <br />Orange County North Carolina <br />Description of Property <br />NAT-00000 <br />Those certain tracts of land, situated, lying and being at Hillsboro Township, <br />Orange County, State of North Carolina. Being the following tracts of land <br />shown as Tax Map 3 Lot 14, 14A and 14B, Tax Map 4 Block B lot 27, Tax Map 2 <br />lot 2, and Tax Map 2 lot 3 C, of Hillsbora Township; more particularly described <br />as follows: <br />BEGINNING at a point in the centerline of North Carolina Highway 57 at the <br />corner with Annie D. Freeland thence North 88°22'32" West 1210.92 feet to the <br />corner with Randolph and Eva P. Brown, thence North 86°36'00" West 805.51 <br />feet to the corner with Nina Ruth Ferguson thence North 00°06'00" West 137.00 <br />feet to a point, then along a branch the following courses and distance. North <br />12°35'00" West 217.55 feet, North 15°04'00" East 75.34 feet, North 41°11'00" <br />East 123.60 feet, North 13°49'00" West 189.52 feet, North 04°33'00" East 111.58 <br />feet and Narth 56°40'00" West 115.40 feet to a point, thence North 25°08'00" <br />West 266.36 feet to a point, thence North 25°08'00" West 247.75 feet to a point, <br />thence North 00°47'00" East 1702.86 feet to the Garner with John T. Horne thence <br />South 89°31'19" West 448.02 feet to the corner with Ray and Bruce Lucas, thence <br />North 00°33'25" East 1459.08 feet to the corner with George Tate Subdivision as <br />recorded in Plat Book 18 page 126, thence North 0°05'03" East 1453.50 feet to <br />the corner with William E. Whitted thence South 89°00'47" East 1726.50 feet to <br />the corner with J. Michael Edwards thence South 89°08'41" East 181.37 feet <br />thence North 00°42'48" East 1102.47 feet to the corner with Edmond L. Way, <br />thence South 89°36'29" East 1169.55 feet to a point, thence North O1°09'32" East <br />933.49 feet to a corner with Kenneth G. Bailey and May Hines Kenyon Estates, <br />thence South 88°46'24" East 1385.83 feet to a corner with Patricia K. Wells, <br />thence North 06°02'48" East 475.69 feet to a point thence North 03°52'43" East <br />524.84 feet to a point in the centerline, thence along and with said centerline <br />South $6°07'17" East 138.96 feet thence 194.96 feet along the arc of a simple <br />curve to the right having a radius of 1850.00 feet, a length of 194.96 feet and a <br />chord of South 83°06'23" East 194.87 feet to the corner with Stephen F. Kelly, <br />thence South 02°13'39" West 972.76 feet to a point, thence South 01°12'13" West <br />682.77 feet to the corner with Leroy J. Miller, thence South 00°03'23" East <br />