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January 18, 2011 (Regular Meeting) Page 277 7599 m7599 rin 275 0275 [Former Bethel Elementary School Property] LYING AND BEING in No. 10 Township, Cabarrus County, North Carolina, and being more particularly described as follows: PARCEL 1: Being all ofthe property described in the deed recorded in Book 11 I at Page 392, Cabarrus County Registry (which as explained below, includes all of the property described in the deed recorded in Book 201 at Page 53, Cabarrus County Registry) and being described in said deed as follows: Beginning at an iron stake N.1 '/, E. 25 feet from the Second Southern Bell Telephone Post on the South side of the Road or Charlotte - Albemarle Highway, said post being number 2 fromthe Bethel Concord Highway; said iron stake being in center of the Charlotte Albemarle Highway and runs thence through said Telephone Post S.1 'h W. 200 feet to an iron stake In field; thence S. 40 E. 600 feet in a field; thence S. 72'J: E. 327 feet to an iron stake in the Bethel Private Road; thence with said road N. 44'/, E. 250 feet to an iron stake in the Bethel Private Road; thence N. 41 % W. 250 feet to a Post Oak in edge of a field; thence N.1 '/, E. 376 feet to an iron stake in Center of the Charlotte Albemarle Highway, thence with said Highway N. 88 % W. 709 feet to the beginning, containing Nine and six- tenths acres more or less. A portion of the property described in the deed recorded in Book 111 at Page 392, Cabanas County Registry, was conveyed out to Wriston C. Reeder by deed recorded in Book 144 at Page 37, Cabarrus County Registry, and the same portion of said property was re- conveyed by Wriston C. Reeder and wife to The Board of Education of Cabarrus County by deed recorded in Book 201 at Page 53, Cabarrus County Registry. Being all the property described in the deed recorded in Book 196 at Page 219, Cabarrus County Registry, and being described In said deed as follows: BEGINNING at an Iron stake In the center of Highway No. 27 and runs S. 1 W. 200 feet to an iron stake; thence S. 5 W. 341 feet to an iron stake, comer of Bethel School lot; thence with Bethel School Lot N. 41 % W. 250 feet to an iron stake, corner of Bethel School Lot; thence with said lot N. '/, E. 376 feet to an iron stake in the center of Highway No. 27, corner of Bethel School lot; thence with Highway No. 27 S. 89 E. 177 feet to the BEGINNING, and is a part of the property conveyed to James A Morrison and wife, Minnie Morrison, by Reece B. McEachem and wife, Emma V. McEachern, by deed dated October 3, 1938, and recorded in Record of Deeds No. 148, Page 310. 7599 0276 sm7599 racy 276 Being all the property described in the deed recorded Book 259 at Page 56, Cabarrus County . Registry, and being described in said deed as follows: BEGINNING at an Iron stake In the center of a county road leading from N. C. HighwayNo. 27 to Cabanas County Station, corner of Bethel School and running thence along a ditch and with two lines of Bethel School as follows: V N. 71 -49 W. (passing an iron stake at 28 feet) 327.0 feet to an iron stake and 2n N. 39 -53 W. 213.8 feet to an iron stake in the be of Bethel School, a new corner; thence two new lines as follows: I" S. 4 -08 W. 200.6 feet to an iron stake and 2 14 S. 63-49 E. (passing an iron stake near bank ofthe road at 398.0 feet) 428.0 feet to an iron stake in the center ofthe county road; thence with said road N. 32 -04 E. 145.3 feet to the beginning. LESS AND EXCEPTING from the parcels described above the property conveyed to the Department of Transportation by deed recorded in Book 1224 at Page 54, Cabamis County Registry.