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<br />National Property Holdings, L.P. <br />Tract I <br />277.6 Acres <br /> <br />J. Hunter Survey <br />Abstract No. 35 <br />W.P. Harris Survey <br />Abstract No. 30 <br />G. McKinstry Survey <br />Abstract No. 47 <br /> <br />STATE OF TEXAS <br />COUNTY OF HARRIS <br /> <br />~ <br />~ <br /> <br />A METES & BOUNDS description of a certain 277.6 acre tract located in the J. Hunter Survey, <br />Abstract No. 35. the W.P. Harris Survey Abstract No. 30, and the G. McKinstry Survey, Abstract <br />No. 47 in Harris County, Texas, being all of a called 155.438 acre tract (Tract I), and a 13.9769 <br />acre tract (Tract /I) as described in Special Warranty Deed recorded in Clerk's File No. Z103337 <br />of the Harris County Official Public Record of Real Property, all of a called 30.247 acre tract <br />(Tract II) as described In Special Warranty Deed recorded in Clerk's File No. Z040696 of the <br />Harris County Official Public Records of Real Property, all of a called 20.0007 acre tract as <br />described in Special Warranty Deed recorded in Clerk's File No. Z103333 of the Harris County <br />Official Public Records of Real Property, all of a called 13.3831 acre tract (Tract I), and 1.1249 <br />acre tract (Tract /I) as described In General Warranty Deed recorded in Clerk's File No. <br />Z027789, all of a called 22.6541 acre tract as described in Special Warranty Deed recorded In <br />Clerk's File No. Z040695 of the Harris County Official Public Records of Real Property, all of a . <br />called 18.7192 acre tract (Tract 1/), and a called 1.091 acre tract (Tract 1/1) as described In <br />Special Warranty Deed recorded In Clerk's File No. Z040699 of the Harris County Official Public <br />Records of Real Property, and all of a called 8.000 acre tract described in Warranty Deed with <br />Vendor's Lien Retained recorded in Clerk's File No. Y117619 of the Harris County Official Public <br />Records of Real Property, said 277.6 acre tract being more particularly described as follows <br />with all bearing being based on the Texas State Plane Coordinate System, South Central Zone, <br />NAD83; <br /> <br />BEGINNING at a found 5/B-inch iron rod with cap stamped "Wlndrose 4757" marking the <br />northwest comer of the said 30.247 acre trac~ being In the east right-of-way of Powell Road (60 <br />feet wide), being in the south line of a called 13.000 acre tract described in Warranty Deed <br />recorded in Clerk's File No. G716283 of the Harris County Official Public Records of Real <br />Property, from which a found 2-inch iron pipe (bent) bears North 33047'40" West, 1.08 feet; <br /> <br />THENCE, North 86054'30" East, 765.75 feet along the south line of the said 13.000 acre tract, <br />being common with the north line of the said 30.247 acre tract to a set 3/4-inch iron rod (with <br />cap stamped .Cotton Surveying") marking the southwest corner of the said 13.9769 acre tract, <br />being the southeast comer of the said 13.000 acre tract; <br /> <br />THENCE, North 03001 '39" West, 739.75 feet along the east line of the said 13.000 acre tract, <br />being common with the west line of the said 13.9769 acre tract to a set 3/4-inch iron rod (with <br />cap stamped .Cotton Surveyin9") marking the northwest comer of the said 13.9769 acre tract, <br />being the northeast corner of the said 13.000 acre tract, beIng In the south right-of-way of West <br />M Street (60 feet wide); <br /> <br />