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i <br />EXHIBIT A <br />TRACT I: <br />92 am 193 <br />That certain tract or parcel of land located in or near the City of Concord, Number <br />2 Township, Caharrus County, fronting on the western side of Pitts School Road and <br />being more particularly described as fellows: <br />BEOHNNING at all iron pin in the pastern margin of (lie paved portion cif Pitts <br />School Road, said paint of BEGINNING being in the Southern line of the properly of <br />Peyton Pharr and Mary Lou Allred (now or formerly) (See Tax Piaa 115509-41-5028, and <br />also see Deed Book 1432 at Page 19, Tract 2, and Deed Book 1432 at Page 21, Tract ?); <br />and also being the Northwestern front comer of the lands of C, Manley Caudlc, Jr. and <br />wife, Annette Caudle (now or formerly) (See Tax Pin 05509-50-6324; and trlso see Deed <br />Hook 1179 at Page 283); said point of BEGINNING also being South 70-33-44 West <br />23,00 fvct frorra 111C Soyutlicasicro boot currier of Peyio n Pharr awl Mraty kill A111-c(1 <br />which is in the Eastern right-of-way of Pitts School Road; and ruffs thence with a line in <br />the paved portion of Pitts School Road, South 07-57-37 West, 1232.18 feet to all iron pill <br />in the lino* of CMS Development Company (now or fonnerly) (See Tax Pin #5508-46- <br />1614; and also %cc Dead Book 618 at I'agc 204); thence with the Northern iirle of ('MS <br />Development Company, North 83-07-27 West, 928.04 feet to an iron pipe; thence <br />continuing with the line of CMS Development Company the following three (3) calls and <br />distances; (1) South 80-22-59 West, 262.44 feet to an axle; (2) North 67-43-46 West, <br />181.03 feet to an iron pipe; (3) North 18-34-56 West, 512.41 feet to a flat iron in tlae <br />Southern line of Peyton Pha ff and Mary Lou Allred as previously nictitioned; thene;e with <br />the Southern line of Peyton Pharr and Mary Lou Allred the following two (2) calls and <br />distances: (1) North 69-23-57 East, 247.53 feet to an axle; (2) North 70-33-44 bast, <br />1537.50 feet to an iron pin at the point and place of BEGINNING, and containing 29,735 <br />acres as shown on boundary survey titled "Boundary Survey of C'. M. Roscman, Peyton <br />Pharr and Mary Lou Allred Property" prepared ty Concord Engineering nrad Surveying, <br />Inc., and dated July 31, 1998, to which boundary survey reference is hereby made for a <br />more particular description of the property. <br />RACT I: <br />Lying and being in Cabarrus County, City of Concord, No. 2 Township, and <br />beginning at a set iron pin within the right-of-way of Pitts School Read, said iron pin <br />being the northeast corner cif file property of C.M. Roseman and wife, Wilda F. Roseman <br />(now or forrfierly — Sec Deed [look 390, Page 494), and running thence with the properly <br />line of %aid Roseman the two (2) following c ourscs and distances: (1) South 70-33-44 <br />West, 1537.50 feet to an existing iron pin (passing it set iron pill at 36.52 Feet awl an <br />existing iron pica al 979.20 fret); land (2) South 69-23-57 Wctit, 247.53 felt t{i ilia Uxiwting <br />iron pin, a comer with the property of (..'MS Develoliaraeaaf CO. (now or l61nierly . See <br />Deed E3ook 618, Page 204); running thence (in a property line with said CMS <br />Development Co., South 71-41-35 West, 299.93 feet to all existing iron pica, a coirner with <br />the property of Morris family Limited Partnership (crow or fornicrly See Deed [took <br />1351, Pagc 125); running (hence oil six (6) courses and distances with file property lilies <br />of the Morris Family limited Partnership as follows: (1) North 24-29-47 bast, 503.00 <br />feet to a set iron pin; (2) North 04-35-10 Last, 427.00 fret to all existing iron pin; (3) <br />North 39-06-39 East, 125,10 feet to an existing iron pin; (4) North 39-06-39 East, 600.45 <br />feet to an existing iron pin; (5) North 39-06-39 Feast, 332,91 feet to an existing iron pin; <br />and (6) North 62-06-55 East, 798.63 feet to a set iron pin (passing a set iron pin at 763.14 <br />feet) in the centerline of Pitts School Road (said iron pin being located South 62-08-55 <br />West, 20.29 feet from an existing iron pin located at NAD 83 Grid Coordinates: <br />Nm592119.3947 and Ew 1 SOS 129.4871); and ruining thcnee with the centerlinc of Pitts <br />School Road and continuing beyond such centerline the following course and distance; <br />0 <br />Page108 <br />