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PZ - PP Legal Description DESCRIPTION FOR ADLER AB OWNER XI LLC A 43.87 ACRE PARCEL OF LAND SITUATED IN THE S 1/2 OF SECTION l I T.3 N.,R. 1 W.,B.M. CITY OF MERIDIAN,ADA COUNTY,IDAHO A parcel of land situated in the South 1/2 of Section 11,Township 3 North,Range 1 West,Boise Meridian, City Of Meridian,Ada County,Idaho,as shown on that Record Of Survey recorded as Instrument Number 2020-130828,records of Ada County,Idaho,and more particularly described as follows: Commencing at the southwest corner of said Section 11,from which the southeast corner of the Southwest '/4 of said Section 11 bears South 89°09'12"East 2658-18 feet; thence along the southerly boundary of said Section 11 South 89009'12"East 1756.77 feet; thence leaving said southerly boundary North 0000'20"East 30.00 feet to the northerly right-of-way of West Franklin Road and the POINT OF BEGINNING; thence continuing North 0°00'20"East 1496.29 feet to the southerly railroad right-of-way; thence along said southerly railroad right-of-way South 88°28'58"East 1162.36 feet; thence leaving said southerly railroad right-of-way South 0°32'37"West 751.92 feet; thence South 88°19'25"East 145.83 feet; thence North 6'59'51"East 50.72 feet; thence South 88°29'14"East 222.07 feet; thence South 0°32'21"West 775.71 feet to said northerly right-of-way of West Franklin Road; thence along said northerly right-of-way of West Franklin Road North 89°12'50"West 373.62 feet; thence leaving said northerly right-of-way of West Franklin Road North 0°32'39"East 356.14 feet; thence along the arc of a circular curve to the left a distance of 3 1.3 1 feet,said curve having a radius of 20.00 feet,a central angle of 89°41'51",and a chord bearing North 44'18'16"West 28.21 feet; thence North 89°09'12"West 22611 feet; thence South 0'35'23"West 376.29 feet to said northerly right-of-way of West Franklin Road; thence along said northerly right-of-way of West Franklin Road North 89°09'12"West 901.83 feet to the POINT OF BEGINNING,comprising 43.87 acres,more or less. 0NL U4 r �r 533-Ol.doc Page I of 1