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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 />THENCE, North 03.00'47" West, 440.97 feet along the east line of said 5.000 acre tract. being <br />common with a west line of the 155.438 acre tract to a set 3/4-inch Iron rod (with cap stamped <br />"Cotton Surveying") marking the northeast corner of said 5.000 acre tract; <br /> <br />THENCE, South 86001'15" West, 551.67 feet along the north /lne of said 5.000 acre tract, to a <br />point for comer in the centerline of Powell Road (called 60' wide); <br /> <br />THENCE, North 10008'30" West, 53_38 feet along the centerline of said Powell Road. to a set <br />PK Nail in asphalt; <br /> <br />THENCE, South 79051'39" West, 29.79 feet to a set 3/4-inch iron rod (with cap stamped "Cotton <br />Surveying") in the east right-of-way of a Southem Pacific Rail Road (100 feet wide) as recorded <br />in Volume 964 Page 86 of the Harris County Deed Records; <br /> <br />THENCE, along the east right of way of said Southern Pacific Rail Road, the following three (3) <br />courses and distances: <br /> <br />1. North 10008'21" West, 2116.04 feet to a set 3/4-inch iron rod (with cap stamped "Cotton <br />Surveying") marking the beginning of a curve to the right; <br /> <br />2. Along the arc of said curve to the right having a radius of 8544.38 feet, an arc length of <br />1056.32 feet, a central angle of 07005'00", and a long chord bearing North 06035'50" <br />West, 1055.65 feet, to a set 3/4-inch iron rod (with cap stamped "Cotton Surveying"); <br /> <br />3. North 03003'21" West, 1006.37 feet to a found S/8-inch iron rod marking the southwest <br />corner of Restricted Reserve "A" of Boncosky Trucking Terminal, plat of which is <br />recorded in Film Code No. 409104 of the Harris County Map Records, from which a <br />found 3/4-inch iron rod bears. North 11052'20" East, 0.09 feet; <br /> <br />THENCE, North 86052'38" East, 417.69 feet along the south line of said Restricted Reserve "A" <br />to a set 314-inch iron rod (with cap stamped .Cotton Surveying") marking the northwest corner of <br />Proposed Port Crossing Section 1; <br /> <br />THENCE, South 03000'40" East, 1075.00 feet along the west line of said Port CrossIng Section <br />1 to a set 3/4-lnch iron rod (with cap stamped .Colton Surveying") marking the southwest corner <br />of said Port Crossing Section 1; <br /> <br />3 <br /> <br />