PERMFILE67250

• Permit No: C1981024
• IBM Index Class Name: Permit File
• Doc Date: 12/11/2001
• Section_Exhibit Name: EXHIBIT 1 PERMIT BOUNDARY DESCRIPTION
• Media Type: D
• Archive: No

• 2. Fee simple interest in the surface estate only of
the following described property acquired by Warranty Deed
dated March 20, 180 and recorded in Hook 357 at Page 73 from
Golden Cycle Land Corporation as Grantor:
T. 27 S., R. 67 W. of the 6th P.M.
Section 25: Cammeneinq at the NE corner of
the SE;NW3j of said Section 25; thence South
00°06'03" East a distance of 92.98 feet to
the true point of beginning; thence eon-
tinuinq South 00°06'03" fiast along the cen-
ter of section line a distance of 411.23
feet to a point being the NE corner of a
parcel described and recorded in Book 282
at Paqe 9; thence South 87°14'51" West
. along the north line of said parcel a dis-
tance of 1782.48 feet; thence North
O1°06'05" West parallel to the west line of
the NW'+1 of said Section 25 a distance of
1136.61 feet to a point on curve being on
the southerly right-of-way line of a 60.00
foot county road; thence along the arc of
• said curve to the right having a delta of
02°37'29", a radius of 7590.00 feet, a dis-
tance of 347.70 feet to a point of tangent;
thence North 78°56'24" East along said
southerly right-of-way line a distance of
770.29 feet to a point on the westerly
right-of-way line of State Highway No. 69;
thence South 39°16'54" East along said
westerly right-of-way line a distance of
1113.48 feet t~ the true point of
beginning;
Subject to Deed of Trust dated April 20, 1980 and recorded in
Book 357 at Page 693, securing a Promissory Note dated
April 20, 1980 from perms Resources Corporation, as payer, to
Golden Cycle Land Corporation, as payee, in the o=;ginal prin-
cipal amount of 515,797.62.