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HomeMy WebLinkAboutPZ - Warranty Deed ADA COUNTY RECORDER Trent Tripple 2024-048468 BOISE IDAHO Pgs=4 VICTORIA BAILEY 08/30/2024 12:00 PM VENTURE TITLE & ESCROW COMPANY $15.00 ELECTRONICALLY RECORDED DO NOT REMOVE THE FIRST PAGE AS IT IS NOW INCORPORATED AS PART OF VENTURE THE ORIGINAL DOCUMENT TITLE & ESCROW File Number:V2412363 Warranty Deed For value received, Mills Properties I, LLLP, an Idaho limited liability limited partnership and T. Kent Mills and Donna G. Mills, Trustees of The Mills Family Revocable Trust u/t/a dated June 6, 2016 the grantor, does hereby grant, bargain, sell, and convey unto Endurance Holdings LLC, an Idaho limited liability company whose current address is 1977 E. Overland Road, Meridian, ID 83642 the grantee, the following described premises, in Ada County, Idaho, to wit: See Attached Exhibit A To have and to hold the said premises, with their appurtenances unto the said Grantee, its heirs and assigns forever. And the said Grantor does hereby covenant to and with the said Grantee, that Grantor is the owner in fee simple of said premises; that they are free from all encumbrances except those to which this conveyance is expressly made subject and those made, suffered or done by the Grantee; and subject to all existing patent reservations, easements, right(s) of way, protective covenants, zoning ordinances, and applicable building codes, laws and regulations, general taxes and assessments, including irrigation and utility assessments (if any) for the current year, which are not due and payable, and that Grantor will warrant and defend the same from all lawful claims whatsoever. Whenever the context so requires, the singular number includes the plural. Remainder of page intentionally left blank. ELECTRONICALLY RECORDED DO NOT REMOVE THE FIRST PAGE AS IT IS NOW INCORPORATED AS PART OF THE ORIGINAL DOCUMENT VENTURE TITLE & ESCROW File Number:V2412363 Warranty Deed For value received, Mills Properties I, LLLP, an Idaho limited liability limited partnership and T. Kent Mills and Donna G. Mills, Trustees of The Mills Family Revocable Trust u/t/a dated June 6, 2016 the grantor, does hereby grant, bargain, sell, and convey unto Endurance Holdings LLC, an Idaho limited liability company whose current address is 1977 E. Overland Road, Meridian, ID 83642 the grantee, the following described premises, in Ada County, Idaho, to wit: See Attached Exhibit A To have and to hold the said premises, with their appurtenances unto the said Grantee, its heirs and assigns forever. And the said Grantor does hereby covenant to and with the said Grantee, that Grantor is the owner in fee simple of said premises; that they are free from all encumbrances except those to which this conveyance is expressly made subject and those made, suffered or done by the Grantee; and subject to all existing patent reservations, easements, right(s) of way, protective covenants, zoning ordinances, and applicable building codes, laws and regulations, general taxes and assessments, including irrigation and utility assessments (if any) for the current year, which are not due and payable, and that Grantor will warrant and defend the same from all lawful claims whatsoever. Whenever the context so requires, the singular number includes the plural. Remainder of page intentionally left blank. Dated: August _Z(r 2024 Mills Properties I, LLLP, an Idaho limited liability limited partnership By: Mills Investments, LLC, an Idaho limited liability company Its: General Partner By: Kent Mills, Nfanager By: LbG .ems lP� Donna Mills, Manager The Mills Family Revocable Trust u/t/a dated June 6, 2016 By: � ��� T. Kent Mills, Trustee BY• kn Lae - Donna G. Mills, Trustee State of Idaho, County of Ada, ss : This record was signed or acknowledged before me on this Z&�day of August 2024, by Kent Mills and Donna Mills, as Manager of Mills Investments, LLC, an Idaho limited liability company that is the General Partner of Mills Properties I, LLLP, an Idaho limited liability limited partnership. / Mary Public JUSTIN ROBERTSON Residing In: /� 4e/12 COMMISSION #45639 // NOTARY PUBLIC My Commission Expires: /Dla Zq STATE OF IDAHO (seal) MY COMMISSION EXPIRES 10/28/2029 State of Idaho, County of Ada, ss: This record was signed or acknowledged before me on this ZfO t*f day of August, 2024, by T, Lent Mills and Donna G. Mills, as Trustee of The Mills Family Revocable Trust u/t/a dated June 6, 2016. Nofary Public -- JUSTIN ROBERTSON COMMISSION #45639 Residing In: !7??. o . IcW NOTARY PUBLIC My Commission Expires: /b a/Z, STATE OF IDAHO (Seal) MY COMMISSION EXPIRES 10/28/2029 File Number:V2412363 Warranty Deed - Page 2 of 4 Exhibit A Legal Description of the Premises PARCELI : A parcel of land located in the North 1 /2 of Section 36, Township 3 North, Range 1 West, Boise Meridian, City of Meridian, Ada County, Idaho, more particularly described as follows: Commencing at the Northwest corner of said Section 36 from which the North 1 /4 corner of said Section 36 bears South 89032'29" East, 2,650.91 feet; thence South 89°32'29" East, 1 ,325,54 feet to the West 1 /16 comer of said Section 36; thence on the west boundary line of the Northeast 1 /4 of the Northwest 1/4 of said Section 36, South 00°36'54" West, 25 .00 feet to the south right-of- way line of W. Amity Road and the POINT OF BEGINNING: thence leaving said west boundary line on said south right-of--way line, South 89°32'29 " East, 1 ,293 ,08 feet; thence leaving said south right-of-way line, South 00°34'07 " West, 893 .49 feet; thence South 59°24'47" East, 454.68 feet; thence South 63 °50'27 " East, 43 .25 feet; thence North 00°34'07 " East, 430.80 feet; thence South 89°04'30" East, 610.60 feet; thence South 33 °50' 10" West, 296.34 feet; thence South 16'40' 11 " East, 361 . 67 feet to the south boundary line of the Northwest 1 /4 of the Northeast 1 /4 of said Section 36; thence on said south boundary line, North 89112'59" West, 955 . 10 feet to the Center-North 1 /16 corner of said Section 36; thence North 89°27'22 " West, 1 ,326.95 feet to the Northwest 1/16 corner of said Section 36; thence on the west boundary line of the Northeast 1 /4 of the Northwest 1 /4 of said Section 36, North 00°36'54" East, 1 ,300,34 feet to the POINT OF BEGINNING. PARCEL2: A parcel of land located in the North 1 /2 of Section 36, Township 3 North, Range 1 West, Boise- Meridian, City of Meridian, Ada County, Idaho, more particularly described as follows: Commencing at the North 1/4 corner of said Section 36 from which the Northwest corner of said Section 36 bears North 89032129" West, 2,650.91 feet; thence on the north boundary line of said Section 36, North 89032'29 " West, 32.31 feet; thence leaving said north boundary line, South 00°34'07" West, 731 . 15 feet to the POINT OF BEGINNING; thence South 89°04'30" East, 25.71 feet; thence South 00°55'30" West, 35.36 feet; thence South 02' 11 '34" East, 128 .90 feet; thence South 44°20'58 " East, 57.41 feet; thence South 59° 17' 13 " East, 179.30 feet; File Number:V2412363 Warranty Deed - Page 3 of 4 thence South 80° 13 '06" East, 81 .95 feet; thence North 04'42' 19" East, 218.94 feet; thence North 41 °24'47" West, 118 .63 feet; thence South 89°04'30" East, 188.08 feet; thence South 00°34'07" West, 430. 80 feet; thence North 63150'27" West, 43 .25 feet; thence North 59°24'47" West, 454.68 feet; thence North 00°34'07 " East, 187.34 feet to the POINT OF BEGINNING. File Number:V2412363 Warranty Deed - Page 4 of 4 BASIS OF BEARING .. .................S89'04'30"E 2636.80'••••• .., 1/4 S.25 1023.87' W. AMITY RD. • 1612.93'I I , . .S.25 S.30S.36 \S89'04'30"E —1_7_17267.70' S89'04'30"E 201.05 5.36 S. 1 REAL POINT REAL POINT OFOF BEGINNING BEGINNINGPARCEL A' 3 REMNANT PARCEL io ml x I W II I II mI p�N0 ) NI — x EP mL PARCEL 'A' 1.72 ACRES N89 O 26.0' L zwI —x x x RADIO � a � t�TOWER 40 TO SF I N-AftkT LI) II II I I �I I i I PARCEL z t3.28 ACRES I \ N89'04'30"W � 316.44' o � � x \ w RADIO i• iO Jv TOWERx =rlln I o z I S��NAL LANs a N 117790 ®lewlD O F `9 p� I M, McCP�`� ��PM1 I N30.31'27"W— -\ 50 200 73.72' � _ _ _ �81,83' 0 25 100 N89'04'30"W SCALE: 1" = 100' CURVE TABLE LINE TABLE CURVE LENGTH RADIUS DELTA CHORD BRG. CHORD DIST. LINE BEARING LENGTH Cl 122.21 225.00 31'07'14" S14'57'50"E 120.71 L1 SO'55'30"W 25.00 \455 Amlty Rrn:t 1-.S^,:\rf.:n\iF1'.nM1 Pnrri i',.I.n 1/fin/21M II,06 ]Afl IDAHO EXHIBIT DRAWING FOR JOB N0. 1450 E.WATERTOWER ST. 13-059 SUITE 130 SURVEY MERIDIAN,IDAHO 83642 455 W. AMITY RD — PARCEL 2 SHEET NO. r (206)646-6570 GROUP, LLC LOCATED IN THE N 1/2 OF THE NE 1/4 OF SECTION 36, DWG. DATE T.3N., R.11N., B.M., ADA COUNTY, IDAHO 3/20/2020 ADA COUNTY RECORDER Phil McGrane 2021-102547 BOISE IDAHO Pgs=6 BONNIE OBERBILLIG 07/07/2021 12:04 PM TITLEONE BOISE S15.00 SPECIAL WARRANTY DEED THIS SPECIAL WARRANTY DEED (the "Deed"), is made effective as of July 2, 2021 (the "Effective Date"), by TOWNSQUARE MEDIA BOISE, LLC, a Delaware limited liability company("Grantor"). WITNESS, that the Grantor, for and in consideration of the sum of Ten Dollars and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, has granted, bargained, sold and conveyed, and by these presents does grant, bargain, sell, convey and confirm unto SUNSET PROPERTIES MANAGEMENT, LLC, an Idaho limited liability company, whose address is 455 W Amity Road, Meridian, Idaho 83642 ("Grantee"), its successors and assigns forever, all the real property, together with all buildings, structures and other improvements, if any, situate, lying and being in Ada County, Idaho (the "Property"), described as follows: See Exhibit A attached hereto and incorporated herein by this reference; TOGETHER with all and singular the hereditaments and appurtenances thereunto belonging, or in anywise appertaining, the reversion and reversions, remainder and remainders, rents, issues and profits thereof, and all the estate, right, title, interest, claim and demand whatsoever of the Grantor, either in law or equity, of, in and to the above bargained premises, with the hereditaments and appurtenances; TO HAVE AND TO HOLD the said premises above bargained and described, with the appurtenances, unto the Grantee, its successors and assigns forever. The Grantor, for itself, its successors and assigns, does covenant and agree that it shall and will WARRANT AND FOREVER DEFEND the above bargained premises in the quiet and peaceable possession of the Grantee, its successors and assigns,against all and every person or persons claiming the whole or any part thereof,by, through or under the Grantor, but not otherwise, subject, however, to taxes and assessments not yet due and payable; building use and zoning restrictions; any matters that would appear on an accurate and complete ALTA survey of the Property; any easements, conditions, restrictions and other matters of record as of the date hereof; and the terms, conditions and restrictions of this instrument. 39812926.1 Special Warranty Deed-Page 1 of5 The Property is conveyed to Grantee SUBJECT TO the restriction that, THE PORTION OF THE PROPERTY DESCRIBED ON EXHIBIT B ATTACHED HERETO AND MADE A PART HEREOF (THE "REPURCHASE PARCEL"), OR ANY INTEREST THEREIN OR PORTION THEREOF, SHALL NOT BE CONVEYED (WHETHER VOLUNTARILY OR BY OPERATION OF LAW), BY GRANTEE OR ITS SUCCESSORS AND ASSIGNS IN TITLE, WITHOUT THE EXPRESS WRITTEN CONSENT OF GRANTOR, WHICH SHALL BE WITHHELD CONDITIONED OR DELAYED lN� SOLE DISCRETION. -i Crtn br"5 Additionally, this conveyance is made subject to the following terms, conditions and restrictions with respect to the Repurchase Parcel which shall run with the land and be binding upon the parties and their respective successors and assigns: 1. Grantee shall maintain the Repurchase Parcel in the same or better condition than as existing on the Effective Date; 2. Grantee shall not enter into, modify, extend, renew or terminate rental agreements or leases affecting the Repurchase Parcel without the written consent of Grantor, which shall be withheld, conditioned or delayed in Grantor's sole discretion; 3. Grantee shall comply with all applicable laws affecting the Repurchase Parcel; 4. Grantee shall not create or force to be created any encumbrances or monetary liens on the Repurchase Parcel; 5. Grantee shall not make alterations or improvement to the Repurchase Parcel of any kind or take any other action with respect to the Repurchase Parcel, except for maintenance required pursuant to that certain Purchase and Sale Agreement dated May 20, 2019 between Grantor and Grantee (as successor-in-interest to ES-0-EN Corp., an Oregon corporation), as amended and assigned,without the written consent of Grantor, which shall be withheld, conditioned or delayed in Grantor's sole discretion;and 6. Grantee shall not use, produce, manufacture, generate, treat, handle, store, release or dispose of any hazardous materials in,on or under the Repurchase Parcel. In the event that the Grantee fails to comply with any of the terms, conditions and restrictions set forth in this Deed with respect to the Repurchase Parcel, the ownership of the Repurchase Parcel shall automatically revert to Grantor (the "Automatic Reversion"). Notwithstanding such Automatic Reversion, in the event that Grantee fails to comply with the terms, conditions and restrictions set forth in this Deed with respect to the Repurchase Parcel, Grantee shall immediately execute and record a deed conveying the Repurchase Parcel to Grantor and any other documents necessary to effectuate such conveyance. Grantee hereby agrees to indemnify,defend, and hold Grantor harmless for and against any and all claim, action, suit, proceeding, loss, cost, damage, liability, deficiency, fine, punitive damage or expense (including without limitation, reasonable attorneys' fees), arising from Grantee's failure to comply with any of the terms, conditions or requirements set forth in this Deed with respect to the Repurchase Parcel, including the Automatic Reversion, or Grantor's enforcement of such terms,conditions or requirements,including the Automatic Reversion. 39812926.1 Special Warranty Deed-Page 2 of 5 Townsquare Media Boise,LLC,a Delaware limited liability company,who acquired title as Peak Broadcasting of Boise, LLC,a Delaware limited liability c pany By: � � ---- Scott Schatz,Executive Vice President,Finance,Accounting&Systems State of �C O ,County of l l� ss. N'QUL)Rk� P l On this day ofi t '�2 21, efore me,the undersigned,a Notary Public in n said State, personally appeared known or identified tome to be a of the limited liability company that executed the within instrument and acknowledged to me that executed the same for and on behalf of said limited liability company and that such limited liability company executed it. IN WITNESS WHEREOF,I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. Notary ublic for e ,c ot Residing In: a My Commission Expires: 202� "'Nfti nil.t " 39812926.1 Special Warranty Deed-Page 3 of 5 �Xht�i+ A Description for Parcel 2 July 13,2020 A parcel of land located in the North 1/2 of the Northeast 114 of Section 36, Township 3 North, Range 1 West of the Boise Meridian,Ada County, Idaho, more particularly described as follows: Commencing at the 1/4 comer common to Sections 25 and 36 from which the Section comer common to said Sections 25 and 36 and Sections 30 and 31 in T.3N, R.1 E. bears South 89004'30"East,2636.80 feet;thence on the North line of said Section 36, South 89°04'30"East, 516.91 feet;thence South 00'55'30"West, 25.00 feet to the South right-of-way line of W.Amity Road;thence on said South right-of-way line, South 89°04'30"East, 506.96 feet to the REAL POINT OF BEGINNING; thence continuing on said South right-of-way line, South 89°04'30"East,468.75 feet thence leaving said South right-of-way line, South 00°35'47"West, 675.69 feet; thence North 89004'30"West, 81.83 feet; thence North 30°31'27"West, 73.72 feet; thence 122.21 feet along the arc of curve to the right having a radius of 225.00 feet, a central angle of 31°07'14"and a long chord which bears North 14°57'50"West, 120.71 feet; thence North 00035'47"East, 119.57 feet; thence North 89°04'30"West, 316.44 feet; thence North 00°35'47"East, 377.13 feet to the REAL POINT OF BEGINNING. Containing 217,801 square feet or 5.00 acres, more or less. End of Description. � t 11779 ?lf OF PagePage 1 of 1 EXHIBIT B LEGAL DESCRIPTION OF THE REPURCHASE PARCEL Special Warranty Deed-Page 5 of 5 39812926.1 Description for 1 Rep'Lr­C- m-'e pwof 1 March 20, 2020 A parcel of land located in the North 1/2 of the Northeast 1/4 of Section 36, Township 3 North, Range 1 West of the Boise Meridian, Ada County, Idaho, more particularly described as follows: Commencing at the 1/4 corner common to Sections 25 and 36 from which the Section corner common to Sections 25, 30, 31, and 36 bears South 89°04'30" East, 2636.80 feet; thence on the North line of said Section 36, South 89°04'30"East, 1,023.87 feet;thence South 00°55'30"West, 25.00 feet to the South right-of-way line of W.Amity Road; thence on said South right-of-way line, South 89°04'30" East, 267.70 feet to the REAL POINT OF BEGINNING; thence continuing on said South right-of-way line, South 89°04'30"East, 201.05 feet; thence leaving said South right-of-way line, South 00 3547 West, 675.69 feet; thence North 89°04'30"West, 81.83 feet; thence North 30°31'27"West, 73.72 feet; thence 122.21 feet along the arc of curve to the right having a radius of 225.00 feet, a central angle of 31°07'14" and a long chord which bears North 14°57'50"West, 120.71 feet; thence North 00°35'47" East, 119.57 feet; thence North 89°04'30"West, 316.44 feet; thence North 00°35'47" East, 97.16 feet; thence South 89004'30" East, 267.70 feet; thence North 00°35'47" East, 279.96 feet to the REAL POINT OF BEGINNING. Containing 142,856 square feet or 3.28 acres, more or less. End of Description. NAL Laa1j Zo7� - - 0 G Cn r k 7 l cn \V '34 i r1 i 4 {x W{ It > t I N ,1 , _ ft,� �+ �} i�f..,!s �?. o is ` rn t ! } I g m m �l �`{, t ,•• -A cD a,'a !' I o Xm Q 11 f7 s.ITiJ `t ;� r. I 1 I i' e � � �n .. ❑ft.,. � I L's=� X, >3 r •.t }� -�� '�� Os ❑ ❑L] ❑ mLa ❑ ❑ ❑ � ❑ ❑ ❑ N � � � o � llllllll (I !III N •-' L ° 0 c"� c m c O m CD ¢ j N N m o p m = CD m a 0 a N N 3 m m — •� m w m 0 N w 0 N m H °—' D o 3 ff o N O. m S ° v d Iw Ia Ia a ` N O RI rA m N y V 0 3 a 0 3 5S 3 N y o N N ADA COUNTY RECORDER Phil McGrane 2021-102544 BOISE IDAHO Pgs=3 BONNIE OBERBILLIG 07/07/2021 12:04 PM TITLEONE BOISE S15.00 TitleOne a tide&cscrow co. File#19335054 Quitclaim Deed For value received,Townsquare Media Boise,LLC,a Delaware limited liability company,who acquired title as Peak Broadcasting of Boise,LLC,a Delaware limited liability company, Does hereby convey,release,remise,and forever quit claim unto Townsquare Media Boise,LLC,a Delaware limited liability company, whose current address is 240 Greenwich Ave,Greenwich,CT 06830 the following described premises: See attached Exhibit A To have and to hold the said premises,unto the said grantees,heirs and assigns forever. V Remainder of this page intentionally left blank. Quitclaim Deed-Page 1 of 2 Date:I�Ae '�Ot gOA' Townsquare Media ise,LLC,a ware limited liability company By: Scott Schatz,Executive Vice President,Finance,Accounting&Systems State ofl 013 ec- -CU�County of':FrAk 1f, ss. On this .�� day of 500 e in the year of 202 ,before me,the undersigned,a Notary Public in and for said State,personally appeared Scott Schatz,known or identified to me to be the Executive Vice President of the limited liability company that executed the instrument or the person who executed the instrument on behalf of said limited liability company,and acknowledged to me that such limited liability company executed the same. 4—A, - I owa Nota lic I -Re Residing at l(C JPw G f Z My Commission Expires: (seal) 'e1 i it II j a yy� I 11 { i d Quitclaim Deed-Page 2 of 2 y Ji 1 EXHIBIT A Description for Parcel 1 July 13, 2020 A parcel of land located in the North 1/2 of the Northeast 1/4 of Section 36,Township 3 North, Range 1 West of the Boise Meridian, Ada County, Idaho, more particularly described as follows: Commencing at the 1/4 corner common to Sections 25 and 36 from which the Section corner common to said Sections 25 and 36 and Sections 30 and 31 in T.3N, R.1 E. bears South 89004'30" East, 2636.80 feet; thence on the North line of said Section 36, South 89°04'30" East, 516.91 feet; thence South 00055'30"West,25.00 feet to the South right-of-way line of W.Amity Road and the REAL POINT OF BEGINNING; thence on said South right-of-way line, South 89°04'30" East, 506.96 feet; thence leaving said South right-of-way line, South 00°35'47"West, 377.13 feet; thence South 89004'30" East,316.44 feet; thence South 00°35'47"West, 119.57 feet; thence 122.21 feet along the arc of curve to the left having a radius of 225.00 feet, a central angle of 31°07'14" and a long chord which bears South 14057'50" East, 120.71 feet; thence South 30031'27" East, 73.72 feet; thence North 89004'30" West, 251.48 feet; thence North 03046'23"West, 137.60 feet; thence North 89°04'30"West, 196.60 feet; thence North 26033'19"West, 271.39 feet; thence North 45031'08"West, 432.13 feet to the REAL POINT OF BEGINNING; Containing 217,812 square feet or 5.00 acres, more or less. End of Description. Page 1 of 1 ADA COUNTY RECORDER Phil McGrane 2021-102546 BOISE IDAHO Pgs=3 BONNIE OBERBILLIG 07/07/2021 12:04 PM TITLEONE BOISE S15.00 TitleOne a title S escrow co. File#19335054 Quitclaim Deed For value received,Townsquare Media Boise,LLC,a Delaware limited liability company,who acquired title as Peak Broadcasting of Boise,LLC,a Delaware limited liability company, Does hereby convey,release,remise,and forever quit claim unto Townsquare Media Boise,LLC,a Delaware limited liability company, whose current address is 240 Greenwich Ave,Greenwich,CT 06830 the following described premises: See attached Exhibit A To have and to hold the said premises,unto the said grantees,heirs and assigns forever. Remainder of this page intentionally left blank. Quitclaim Deed-Page 1 of 2 Date: "qaa Tow re Media Boise,L ,a Delaware li ' liability company By: Scott Schatz,Executive Vice President,Finance,Accounting&Systems �1 n` State of �C C() ,County of T-6CA'A() ss. UeU3 Fa tH;-t- i On this � 0 day of sU n °L in the year of 202 j,before me,the undersigned,a Notary Public in and for said State,personally appeared Scott Schatz,known or identified to me to be the Executive Vice President of the limited liability company that executed the instrument or the person who executed the instrument on behalf of said limited liability company,and acknowledged to me that such limited liability company executed the same. AAi-,oft'UA . Notary P i �7 Residing at: G 12 '1c� N2w �C T7 t�lC CT—��-. �2. My Commission Expires: (seal) l < . �`•, a Quitclaim Deed Page 2 of 2 EXHIBIT A Description for Parcel 3 July 13,2020 A parcel of land located in the North 1/2 of the Northeast 1/4 of Section 36, Township 3 North, Range 1 West of the Boise Meridian, Ada County, Idaho, more particularly described as follows: Commencing at the 1/4 corner common to Sections 25 and 36 from which the Section corner common to said Sections 25 and 36 and Sections 30 and 31 in T.3N, R.1 E. bears South 89004'30" East,2636.80 feet; thence on the North line of said Section 36, South 89004'30" East, 516.91 feet; thence South 00055'30"West,25.00 feet to the South right-of-way line of W.Amity Road; thence on said South right-of-way line, South 89°04'30" East, 975.71 feet to the REAL POINT OF BEGINNING; thence continuing on said South right-of-way line, South 89004'30" East, 250.00 feet; thence leaving said South right-of-way line, South 00035'47"West, 1,297.79 feet to the South boundary line of the Northeast 1/4 of the Northeast 1/4 of said Section 36; thence on said South boundary line, North 89'12'13"West, 424.18 feet to the Northeast 1/16 corner of said Section 36; thence on the South boundary line of the Northwest 1/4 of the Northeast 1/4 of said Section 36, North 89013'56" West, 362.09 feet to the East bank of the Belle Subdivision Lateral; thence on said East bank the following two (2) courses and distances: North 16040'11"West, 361.44 feet; North 33050'10" East, 323.97 feet; thence leaving said East bank, North 26°33'19"West, 163.07 feet; thence South 89004'30" East, 196.60 feet; thence South 03046'23" East, 137.60 feet; thence South 89°04'30" East, 333.31 feet; thence North 00°35'47" East, 675.69 feet to the REAL POINT OF BEGINNING. Containing 704,627 square feet or 16.17 acres, more or less. End of Description. Page 1 of.i