Common use of Land Description Clause in Contracts

Land Description. Lying and being in the City of Charlotte, County of Mecklenburg, State of North Carolina, and being more particularly described as follows: BEGINNING at a set #4 rebar disc along the Eastern right-of-way margin of Ballantyne Corporate Place (a variable width public right-of-way, Map Book 27, Page 249) having North Carolina Grid Coordinates (N.A.D. ’83) of N = 480,597.112 and E = 1,448,369.333 and being located the following five (5) courses from N.C.G.S. Monument “▇▇▇▇▇▇” with North Carolina Grid Coordinates N = 474,223.218 and E = 1,443,392.746: 1) N 39-22-05 E 7836.69 feet (ground distance – combined grid factor of 0.999852732) to a found right-of-way disc; 2) N 35-00-27 W, a distance of 50.36 feet to a found right-of-way disc; 3) N 09-00-43 E, a distance of 215.03 feet to a set #4 rebar; 4) N 82-17-12 W, a distance of 5.36 feet to a set #4 rebar; 5) with the arc of a circular curve to the left having a radius of 1435.00 feet, an arc length of 62.44 feet and a chord bearing and distance of N 06-28-00 E, 62.44 feet to the POINT OF BEGINNING; THENCE continuing with the Eastern right-of-way margin of Ballantyne Corporate Place with the arc of a circular curve to the left having a radius of 1435.00 feet, an arc length of 454.64 feet and a chord bearing and distance of N 03-51-22 W, 452.74 feet to a set #4 rebar; THENCE departing said right-of-way of Ballantyne Corporate Place, and with five (5) new lines: 1) N 88-29-43 E, a distance of 380.80 feet to a set #4 rebar; 2) S 20-47-58 E, a distance of 192.55 feet to a set #4 rebar; 3) S 23-33-38 E, a distance of 270.28 feet to a set #4 rebar; 4) S 17-49-38 E, a distance of 191.69 feet to a set #4 rebar, a new corner in common with new parcel CBP-7F; THENCE two (2) new lines in common with new parcel CBP-7F: 1) N 76-43-16 W, a distance of 308.84 feet to a set #4 rebar; 2) N 74-45-33 W, a distance of 295.12 feet the POINT OF BEGINNING, containing 5.64 acres and being a portion of the property conveyed to B.E. Carnegie, LLC in Deed Book 18188, Page 216 and recorded in the Mecklenburg County Register of Deeds.

Appears in 2 contracts

Sources: Lease (Premier, Inc.), Lease (Premier, Inc.)