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27 <br /> South 84' 10' East 498.21 feet and North 89' 37' East 12.12 feet to the point of BEGINNING <br /> containing 13.36 acres, more or less. <br /> LESS AND EXCEPT: BEGINNING at an iron stake in the center of the Old Rocky Ridge <br /> Road in the southern line of the J.H. McFarland land, and running thence North 68' 15' East 280 <br /> feet to an iron stake; thence South 4° 15' West 660 feet to an iron stake; thence North 86' 30' <br /> West 193 feet along the northern line of the John McFarland property to an iron stake; thence <br /> North 15' 30' East 60 feet to an iron take in the center of said Old Road; and thence North 4° 10' <br /> West 486 feet along the center of said Old Road to the place of BEGINNING, containing 3 <br /> acres, more or less, the same being Tract No. 1 according to the map of the property of Lillian G. <br /> Lloyd and others by Robert A. Jones, Registered Surveyor, dated November 12, 1957, recorded <br /> in the Office of the Register of Deeds of Durham County in Plat Book 34, Page 73, to which <br /> reference is hereby made for a more particular description of same. <br /> 1495 Ephesus Church Road, Chapel Hill,NC 27517 <br /> Orange County PIN: 9799-54-1734 <br /> Tract 2: <br /> BEGINNING at an iron stake in the center of the Old Rocky Ridge Road in the southern line of <br /> the J.H. McFarland land, and running thence North 68' 15' East 280 feet to an iron stake; thence <br /> South 4° 15' West 660 feet to an iron stake; thence North 86' 30' West 193 feet along the <br /> northern line of the John McFarland property to an iron stake; thence North 15' 30' East 60 feet <br /> to an iron take in the center of said Old Road; and thence North 4° 10' West 486 feet along the <br /> center of said Old Road to the place of BEGINNING, containing 3 acres, more or less, the same <br /> being Tract No. 1 according to the map of the property of Lillian G. Lloyd and others by Robert <br /> A. Jones, Registered Surveyor, dated November 12, 1957, recorded in the Office of the Register <br /> of Deeds of Durham County in Plat Book 34, Page 73, to which reference is hereby made for a <br /> more particular description of same. <br /> Orange County PIN: 9799-44-8776 <br /> EXHIBIT B -- Existing Encumbrances <br /> As to all Tracts: the Deed of Trust and Security Agreement granted by the County <br /> for the benefit of BNY-M dated as of June 1, 2021, and recorded at RB 6730, Page <br /> 209, Orange County Registry, as previously supplemented (referred to as the <br /> "Existing Deed of Trust" in this instrument, and further defined above). <br /> All references to books and pages in the lists below are to the Orange County <br /> Registry. <br /> is <br />