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(Entire Property) <br /> PROPERTY DESCRIPTION FOR THE JVRE .RANCH, A PARCEL OF LAND <br /> SITUATED IN SECTIONS 6, 7 & 18, TOWNSHIP 46 NORTH, RANGE 9 WEST, <br /> NEW MEXICO PRINCIPAL MERIDIAN AND IN SECTIONS 11, 12, 13, 14, 15, <br /> 16, 22, 23, 24, 25, 26, 27, 28, 33 & 34, TOWNSHIP 46 NORTH, RANGE 10 <br /> WEST, NEW MEXICO PRINCIPAL MERIDIAN, COUNTIES OF MONTROSE <br /> AND OURAY, STATE OF COLORADO, MORE PARTICULARLY DESCRIBED <br /> AS FOLLOWS: <br /> BEGINNING at the section corner of Sections 1/2/11/12, a B.L.M. monument in <br /> place; thence N89012'18"E along an existing fence line and the north section line <br /> of said Section 12 a distance of 2746.29' to the North 1/4 Corner of said Section <br /> 12, a rebar and cap (PLS 33645); thence continuing along said fence line and <br /> said north section line N89°11'31"E a distance of 2250.20' to a rebar and cap <br /> (PLS 33645) at a fence corner; thence leaving said section line and continuing <br /> along said fence line N66°24'02"E a distance of 493.30' to a rebar and cap (PLS , <br /> 33645) at a fence corner; thence continuing along a north fence line N05"58'66"E <br /> a distance of 1070.01' to a rebar and cap (PLS 33645) at a fence corner; thence <br /> continuing along said fence line N88048'42"E a distance of 1737.35' to a rebar <br /> and cap (PLS 33645) at a fence corner; thence N01011'54"W a distance of <br /> 1294.89' to a rebar and cap (PLS 33645) at a fence corner, thence S87°04'47"E <br /> a distance of 903.00' to a rebar ano,pap (PLS 33645) at,a fence corner; thence <br /> S60cO8'08"E a distance of 130.18' to a rebar and cap (PLS 33645) at a fence <br /> corner; thence along a fence line SO4"19'39"W a distance of 1282.06'to a rebar <br /> and cap (PLS 33645) at a point on an east/west fence line; thence S86"58'40"E a <br /> distance of 413.92' along said fence-line to a rebar and cap (LS 12180); thence <br /> S87002'03"E a distance of 871.67' ta..the SE 1/16 corner of said Section 6 <br /> monumented by a 20' witness corner to the north being a rebar and cap (LS <br /> 12180); thence S04043'56"VV a distance of 1344.40' to the E 1/16 a rebar and <br /> cap (LS 12180) of said Sections 6 & 7; thence S00°46'04"W a distance of 528.13' <br /> to a rebar and cap (PLS 33645); thence N86°13'07"W a distance of 634.67' to a <br /> rebar and cap (PLS 33645); thence S11°53'52"W a distance of 256.30' to a rebar <br /> and cap (PLS 33645); thence S15°29'04"W a distance of 351.31' to a rebar and <br /> cap (PLS 33645), thence S54°21'59"W a distance of 144.69' tc a rebar and cap <br /> (PLS 33645); thence S46°57'56'"VV a distance of 281.52' to a rebar and cap (PLS <br /> 33645); thence N87°17'31"W a distance of 594.59' to a rebar and cap (PLS <br /> 33645); thence N84"37'51"W a distance of 2144.88' to a rebar and cap (PLS <br /> 33645); thence S03037'27"E a distance of 584.93' to a rebar and cap (PLS <br /> 33645), thence S09°11'20"W a distance of 726.69' to 1/4 Corner of said Sections <br /> 12 & 7 a B.L.M. brass cap; thence N89°24'32"W a distance of 110.06' to a rebar <br /> and cap (PLS 33645); thence S27°21'30"W a distance of 980.20' to a rebar and <br /> cap (PLS 33645); thence S06°56'25"E a distance of 864.70' to a rebar and cap <br /> (PLS 33645); thence N66°27'55"t a distance of 482.62' u reba' and cap (PLS <br /> 33645); thence S00°52'50"W a distance of 1137.01' along the west section line of <br /> said Section 7 to the corner of said Sections 12/7/13/18 a rebar and cap (LS <br /> 24299); thence S86"44'20"E a distance of 1257.57' to a rebar and cap (PLS <br /> 33645); thence S00'35'14"E a distance of 1190.93' to a rebar and cap (PLS <br /> 723595 <br /> Page: 14 07i �3W 200403342P <br /> C KRUSE, Cl—K&REC MONTROSE, CO EASE R 116 00 D 0.00 <br />