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EXHIB I T <br /> EXHIB I T B <br /> PROPERTY DESCRIPTION: A <br /> A PORTION OF THE NW1/4 NW1/4 SECTION 28 AND THE NE1/4 NE1/4 SECTION 29, TOWNSHIP 14 SOUTH, RANGE 70 <br /> WEST OF THE 6th P.M., TELLER COUNTY, COLORADO, LYING SOUTHERLY AND WESTERLY OF TELLER COUNTY ROAD <br /> NO. 1, MORE PARTICULARLY DESCRIBED AS FOLLOWS: oP � <br /> aP� <br /> BEGINNING AT THE COMMON NORTH 1/16 CORNER BETWEEN SAID SECTIONS 28 AND 29; THENCE S87'27'26"W A <br /> DISTANCE OF 1324.55' ALONG THE SOUTH LINE OF SAID NE1/4 NE1/4 SECTION 29 TO THE NE1/16 CORNER <br /> THEREOF; THENCE N01'20'01"E A DISTANCE OF 1215.30' ALONG THE WEST LINE OF SAID NE1/4 NE1/4 SECTION 29 <br /> TO INTERSECT THE SOUTHWESTERLY RIGHT OF WAY OF SAID TELLER COUNTY ROAD NO. 1; THENCE AROUND A r <br /> CURVE TO THE LEFT THROUGH A CENTRAL ANGLE OF 16'45'53" AN ARC DISTANCE OF 139.68' A CHORD BEARING OF <br /> R CH ��1 <br /> S86'47'47"E A DISTANCE OF 139.18' ALONG SAID RIGHT OF WAY; THENCE N84'49'16"E A DISTANCE OF 880.18' R Ts DR. � <br /> ALONG SAID RIGHT OF WAY; THENCE AROUND A CURVE TO THE RIGHT THROUGH A CENTRAL ANGLE OF 54'48'40" <br /> AN ARC DISTANCE OF 303.82' A CHORD BEARING OF S67'46'24"E A DISTANCE OF 292.36' ALONG SAID RIGHT OF • �� �1 <br /> WAY; THENCE BEARING S40'22'04"E A DISTANCE OF 263.02' ALONG SAID RIGHT OF WAY; THENCE AROUND A CURVE • <br /> TO THE LEFT THROUGH A CENTRAL ANGLE OF 37'50'00" AN ARC DISTANCE OF 306.97' A CHORD BEARING OF <br /> S59'17'04"E A DISTANCE OF 301.42' ALONG SAID RIGHT OF WAY; THENCE S78'12'04"E A DISTANCE OF 145.05' �.� 00 40", <br /> ALONG SAID RIGHT OF WAY; THENCE AROUND A CURVE TO THE RIGHT THROUGH A CENTRAL ANGLE OF 37'44'50" <br /> AN ARC DISTANCE OF 322.42' A CHORD BEARING OF S59'19'39"E A DISTANCE OF 316.62' ALONG SAID RIGHT OF F URM\F <br /> WAY; THENCE S40'27'14"E A DISTANCE OF 667.03' ALONG SAID RIGHT OF WAY TO INTERSECT THE SOUTH LINE OF SITE <br /> SAID NW1/4 NW1/4 SECTION 28; THENCE S87'06'05"W A DISTANCE OF 1269.45' ALONG SAID SOUTH LINE TO THE <br /> POINT OF BEGINNING. CONTAINING 54.00 ACRES MORE OR LESS. • <br /> i <br /> i wRIGHTS <br /> RESERVOIR <br /> m <br /> a <br /> C <br /> a` <br /> m <br /> O <br /> 2 <br /> a <br /> O <br /> ¢ <br /> U <br /> 0 <br /> n <br /> N <br /> 1(9 <br /> O <br /> N <br /> O <br /> m <br /> N <br /> Ql <br /> m <br /> N <br /> d <br /> O <br /> N <br /> Q <br /> Z <br /> S U F3 EYS <br /> P.O. Box 5101 <br /> " Woodland Park, CO. 80866 <br /> PAGE 1 OF 3 (719) 687-0920 <br />