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HomeMy WebLinkAboutSW4220601_Property Deed_20220712Book 3695 Page 4097 1? II I I I �11I��� I��1111 I III�� I� 2022023925 00148 FORSYTH CO, NC FEE $26.00 STATE OF NC REAL ESTATE EXTX $1268.00 PRESENTEI} & RECORDED' 05-18-2022 02:22:27 PM LYNNEJOHNSON REG151 ER OF DF-.EUS BY'. ANGELA BOOE, GPTY BK: RE 3695 PG: 4097-4105 NORTH CAROLINA GENERAL WARRANTY DEED W'I)I)C I11b-MSWORD-PDF-I)'1'111:RF(IRMA'IV'.-RI':A1.PRJ)III?I)SIWARRAN I Y-MIS('.7YPT:i%A-N( BAR-1)uC PUP -2002 FORM(cTJRRFNT 4ORMIIS IANPARD PhH) FROM IND TO I.LC 1KKOLA'I& K'IU 13A X I, IN 14! 111 VI Il - A(l'uRNF;ItFIIMKRIN< RI)& 101I'l 01 RD-3.12.2'_DOC Mail to: Gregory B. Garrett, Manager, Braxton Real Estate and Development Company, LLC, 6420 Hampton Knoll Road, Clemmons, NC, 27012 Drawn By: Harry A. Boles, Attorney -at -Law, 214 E. Mountain Street, Suite 101, Kernersville, NC, 27284 Excise Tax: $1,268.00 Statement from Grantor concerning Primary Residence: The property conveyed herein was not the Primary Residence of the Grantor; by Signing this Deed, Grantor Verifies the Answer to this Statement and the Amount of Excise Stamps; and Delinquent Taxes, if any, to be paid by the Closing Attorto the County Tax Collector upon disbursement of the closing proceeds. Tax Identification Data. Parcel No.: 6898-04-3849.000 Brief Description for index: 74.875 Ac Corner Pump Rdg Rd & Beth Ch Rd. No Title Search Requested and None Performed THIS DEED made this 28" day of GRANTOR TUULA MIKKOLA (alk/a Tuula Luoma Mikkola) (Widow) An Undivided One -Half Interest Mailing Address: P. O. Box 424 Kernersville, NC, 27285 and KARIN MIKKOLA (Widow) An Undivided One -Half Interest 2022, by and between: GRANTEE BRAXTON REAL ESTATE AND DEVELOPMENT COMPANY, LLC, a North Carolina Limited Liability Company Mailing Address: C/o Gregory B. Garrett, Manager 6420 Hampton Knoll Road Clemmons, NC, 27012 Property Address: Corner of Pumpkin Ridge Road and Bethel Church Road, Kernersville, NC 27284 Mailing Address: Book 3695 Page 4098 9020 Pumpkin Ridge Road Kernersville, NC, 27284 Enter in appropriate block for each paLty. name address and if 4ppropriate, character of enti e. . corporation or partnership. The designation Grantor and Grantee as used herein shall include said parties, their heirs, successors, and assigns, and shall include singular, plural, masculine, feminine or neuter as required by context. WITNESSETH, that the Grantors for a valuable consideration paid by the Grantee, the receipt of which is hereby acknowledged by Grantors, has and by these presents do grant, bargain, sell and convey unto the Grantee in fee simple, reserving unto the Grantors and all owners of lots located in Mikkola Downs Subdivision as described below, the appurtenant property rights including all easements and uses of the community water system and community sewage system and all water line and sewer line easements and appurtenances as more specifically set out below, and all that certain lot or parcel of land situated in Kernersville Township, Forsyth County, North Carolina, which is more particularly described as follows: See Property Description at Exhibit A attached hereto which is incorporated herein by reference (herein, the "Property" or the "Premises"). TO HAVE AND TO HOLD the aforesaid lot or parcel of land and all privileges and appurtenances thereto belonging to the Grantee in fee simple. And the Grantors covenant with the Grantee, that the Grantors are seized of their respective interests in the Premises in fee simple, have the right to convey the same in fee simple, that title is marketable and free and clear of all encumbrances, and that the Grantors will warrant and defend the title against the lawful claims of all persons whomsoever, other than the following exceptions, restrictions, and covenants that are agreed to between Grantors and Grantee (by acceptance of this conveyance, Grantee agrees to the following) herein that shall run with the lands shown on the various Plat Maps of Mikkola Downs Subdivision: 1. Easements, restrictions, covenants, and rights -of -way of record, if any, including, but not limited to, the rights of Aqua, Inc., a North Carolina Corporation, or its successors and assigns, the owner and operator of the community water system and community sewer system and the owners of all lots located in Mikkola Downs Subdivision, Section One, Phase One (See Plat Book 32 at Page 172 as amended in Plat Book 33 at Page 45) and Mikkola Downs Subdivision, Section Two, Phase One (See Plat Book 32 at Page 173) (the foregoing Sections of Mikkola Downs Subdivision are referred to collectively herein as " Mikkola Downs Subdivision") which have rights of access and use via individual water and sewer hook-ups to the community water system and community sewer system, which community water system is serviced by the two (2) wells and their appurtenances located at the northwestern and northeastern corners of the above - described Property which include wellheads, pipes, pumps, water tanks, meter houses, waterlines, and appurtenances; the rights of access and use to the community water system and community sewage system and all appurtenances thereto are expressly reserved by the Grantors herein as appurtenant easements, restrictions, and covenants that were a part of the plans of development for Mikkola Downs Subdivision that were represented by its developers (i.e., the Grantors herein) to all purchasers of lots therein as being appurtenant easements, restrictions, and covenants that would run with and be appurtenant to all lots in Mikkola Downs Subdivision; 2. All rights of access and use to the community water system and community sewage system and 2 Book 3695 Page 4099 all appurtenances thereto that were dedicated, by operation of law, to all owners of lots in Mikkola Downs Subdivision as appurtenant easements, restrictions, and covenants when its developers (i.e., the Grantors herein) sold the lots in Mikkola Downs Subdivision pursuant to its plan of development that included the various recorded Plat Maps of Mikkola Downs Subdivision set out herein; 3. All rights of Aqua, Inc., and its predecessors in title, as owner and operator of the package sewer treatment plant located on Lot 23 of Mikkola Downs Subdivision and the existing two (2) wellheads located at the northwestern and northeastern corners of the above -described Property that had heretofore been used to service all Lots in Mikkola Downs Subdivision including, but not limited to, all rights contained in the conveyances recorded in Book 1624 at Page 897, Book 1843 at Page 4004, and Book 2169 at Page 2809 and all rights that accrued to Aqua, Inc., and its predecessors in title by virtue of its or their possession and operation of the package sewer treatment plant, wellheads, pipes, pumps, water tanks, meter houses, waterlines, sewer lines, easements and all appurtenances thereto that were a part of or connected to the said community water system and community sewage system; 4. The Grantors and Grantee agree as part of the consideration running from Grantee to Grantors that Grantee shall immediately enter into a written contractual relationship with Aqua, Inc., as operator of the community water system and community sewage system which has and will continue to serve the Lots in Mikkola Downs Subdivision and which will serve the Lots in Havenbrooke Subdivision to be constructed on the above -described Property by Grantee within 24 months of the date of this conveyance, and that the written contract shall be incorporated into written covenants and restrictions that include the Lots in Mikkola Downs Subdivision and that such written contract and covenants and restrictions shall be recorded which shall describe the rights and responsibilities of Aqua, Inc., and the owners of Lots in Mikkola Downs Subdivisions and the owners of Lots in the new Havenbrooke Subdivision which shall run with and be appurtenant to all Lots in both subdivisions; and 5. 2022 ad valorem real property taxes to be pro -rated between Grantors and the Grantee through the date of closing with Grantors paying Grantee Grantor's share at closing with the Grantee having an obligation to pay the 2022 tax bill on or before December 31, 2022. IN WITNESS WHEREOF, the Grantors have duly executed the foregoing as of the day and year first abov written k ' (SEAL) TUULA MIKKOLA (a/k/a TUULA LUOMA MIKKOLA) Grantor {SEAL) K RIN MIKK LA Grantor 3 Book 3695 Page 4100 NORTH CAROLINA FORSYTH COUNTY I, MICHELLE MILLS, a Notary Public of Forsyth County, North Carolina, certify that TUULA MIKKOLA (a/k/a TUULA LUOMA MIKKOLA) (Widow), Grantor, personally appeared before me this day and acknowledged the due execution of the foregoing instrument for the purposes therein expressed. Witness my hand and Notarial stamp or seal this I p ay of �, 2022. [S LLE MILLS NOTARY PUBLIC CHE LE MILLS Forsyth County, North Carolina Notary Public M Aftf*fiaj 4icVa VdF*s 5-7-25 May , NORTH CAROLINA FORSYTH COUNTY 1, MICHELLE MILLS, a Notary Public of Forsyth County, North Carolina, certify that KARIN MIKKOLA (Widow), Grantor, personally appeared before me this day and acknowledged the due execution of the foregoing instrument for the purposes therein expressed. Witness my hand and Notarial stamp or seaWICHEM of, 2022. [Forsyth AL "UE MILLS NOTARY PUBLIC MILLS County, North Carolina Notary Public May 7, 2025 4 Book 3695 Page 4101 'A 1--,(' 1,I)1III -R 11014MA I'v-I,T ll'-I)1mm1')117-74.971At%kXI;I ISMIN-CIIRNIA01:PUMP ROI7RD& A1.1111:1. U1 I RD-4-12-22.DOCX EXHIBIT A Property Description (19-117/4897; Mikkola to Braxton RE Dev) Being a 74.875 acre, more or less, tract or parcel of real property lying in Kernersville Township, Forsyth County, North Carolina, which is more particularly described as follows: BEGINNING at a 1 1/2" Iron Pipe located at the intersection of the western margin of the right-of-way of Bethel Church Road and the northern margin of the right-of-way of Pumpkin Ridge Road, having coordinates of North 884,668.06, East 1,691,774.93, on the National Adjustment of 2011 [NAD83(201 1)] on the National Geodetic Survey (NGS) system or the National Spatial Reference System (NSRS), the southeast corner of the 52.12 acre tract owned by Karin Mikkola and Tuula Mikkola described in Book 1578 at Page 1460 (herein the " First Mikkola Property"); running thence the following ten (10) courses and distances along the northern margin of the right-of- way of Bethel Church Road: (1) S66°12'39"W 128.07 feet to a 1 '/2" Iron Pipe; (2) running thence S65'15'l8"W 100.09 feet to a 1 '/z" Iron Pipe; (3) running thence S63°33'44"W 99.86 feet to a 1 '/z" Iron Pipe; (4) running thence S61001'38"W 100.08 feet to a 1 '/2" Iron Pipe; (5) running thence S57°17'20"W 99.98 feet to a 1 1/2" Iron Pipe (6) running thence S52°46'42"W 99.88 feet to a 1 ''/2" Iron Pipe; (7) running thence S46°49'28"W 100.12 feet to a 1 %z" Iron Pipe; (8) running thence S41 °26'50"W 99.81 feet to a 1 1/z" Iron Pipe; (9) running thence S37 01'45IV 100.01 feet to a 1 %2" Iron Pipe; and (10) running thence S32°06'16"W 97.78 feet to a 1 %2" Bent Iron Pipe, the northeast corner of the property known as Tax PIN 6898-03-8928 which was conveyed to Terrance L. Fulton and wife Ann J. Fulton at Book 1442 Page 1963, the southern -most corner of the First Mikkola Property; running thence N71051'02"W 702.86 feet to a 1" Iron Pipe; running thence N52°46'19"W 100.76 feet to a 5/8" Rebar, running thence; N62°07'43"W 294.85 feet to a 1 '/4" Leaning Iron Pipe; running thence N42°07'17"W 1104.95 feet to a railroad spike set in a 24" pine tree; running thence N87°44' 16"W 234.02 feet to a 1 1/2" Iron Pipe; running thence N05040'47"W 302.27 feet to a 7/8" Iron Pipe; running thence NO2°02'56"E 87.32 feet to a 3/4" Iron Pipe; running thence NO2°03'19"W 104.86 feet to an un-monumented point; running thence NO2°11'24"W 20.44 feet to an un- monumented point, being the southwest corner of Lot 19 Mikkola Downs as recorded at Plat Book 33 Page 45; running thence S84°52'22"E 377.78 feet to a 3/4" Iron Pipe lying in the western margin of the right-of-way of Horse Creek Run, being the southeast corner of Lot 17 Mikkola Downs as recorded at Plat Book 33 Page 45; running thence, on a curve to the left S08°11'36"E a Chord distance of 307.04 feet (having an Arc of 310.71 feet and a Radius of 582.41 feet); running thence NI 2'00'48"E 95.96 feet to a 518" Rebar; running thence the following six (6) courses and distances along the south and east boundary lines of Mikkola Downs Phase 1 as recorded at Plat Book 33 Page 45; (1) N86°33'26"E 324.72 feet to a 3/4" Iron Pipe; (2) running thence S81 °45'08"E 240.05 feet to an un- monumented point; (3) running thence S89°43'38"E 400.00 feet to a 3/4" Leaning Iron Pipe; (4) running thence N64000'31 "E 63490 feet to a 3/4" Leaning Iron Pipe (5) running thence N26°16132"E 410.13 feet to a 3/4" Iron Pipe; and (6) running thence S49°25'48"E 24.75feet to a 3/4" Iron Pipe; a common corner of Lot 58 of the above - referenced Mikkola Downs and at the western -most corner of a parcel identified as Tax Pin 6898-16-2273 which was conveyed to Ryan A. Liddle and wife, Alexandra L. Liddle, in Book 3367 at Page 3800; running thence with Liddle's line the following two (2) courses and distances; (1) S42°46'27"E 115.45 feet to a 5/8" Iron Rebar; and (2) running thence N47°3654"E 238.23 feet to a 3/4" Bent Solid Iron, Liddles' eastern -most corner; running thence N47036'54" E 28.61 feet to an un-monumented point lying in the center of the right-of-way of Pumpkin Ridge Road; running thence with the center of Pumpkin Ridge Road the following four (4) courses and distances: (1) S42038'39"E 76.39 feet to an un-monumented point; (2) running thence S39°31'25"E 100.00 feet to an un- monumented point; (3) running thence S24°06'01 "E 100.00 feet to an un-monumented point; (4) running thence S 11 °32'24"E 100.00 feet to an un-monumented point; and (5) running thence S08°00'25"E 40.65 feet to an un- monumented point lying in the center of Pumpkin Ridge Road; running thence S87°52'41 "W 30.60 feet to an un- monumented point lying in the western margin of the right-of-way of Pumpkin Ridge Road; running thence with the western margin of the right-of-way of Pumpkin Ridge Road the following two (2) courses and distances; (1) S07002'56"E 398.80 feet to THE POINT AND PLACE OF BEGINNING; containing 74.875 acres, more or less, 9 Book 3695 Page 4102 according to a survey map and unrecorded survey by Encompass Surveying & Engineering P.C., PLS, Firm #C- 4644, dated, February 10, 2022, entitled "Boundary Survey Braxton Development", bearing file "Drawing 22002bound.dwg". The above -described property is known on the Forsyth County Tax Maps as Tax Lots 2.1 and 4B (PIN: 6898-04- 3849.000), Block 5417, and is: 1. Lying contiguous to Pumpkin Ridge Road and being the eastern -most portion of that 52.12-acre tract conveyed to Erkki Mikkola et al. on November 19, 1986, via the conveyance recorded in Book 1518 at Page 1460; and 2. Lying contiguous to Pumpkin Ridge Road and Bethel Church Road and being the eastern, southern, and northwest portion of that 77.62-acre tract conveyed to Erkki Mikkola et al. on November 24, 1986, via the conveyance recorded in Book 1578 at Page 1450 — the northern -most portion of which was developed into Phase l and Phase 11 of Mikkola Downs Subdivision recorded in Plat Book 32 at Page 172 as amended in Plat Book 33 at Page 45 and Plat Book 36 at Page 143 ( Section One), and in Plat Book 32 at Page 173 ( Section Two). An undivided one-half (1/2) interest in the above -described Property was conveyed to Erkki Mikkola and wife, Karin Mikkola, as tenants by the entireties, and an undivided one-half (1/2) interest in the above -described Property was conveyed to Aimo Mikkola and wife, Tuula Mikkola, as tenants by the entireties, via the conveyance recorded in Book 1578 at Page 1460. Erkki Mikkola died on June 28, 2021, and his Estate was administered in Estate File number 21 E 2803 in the Office of the Clerk of Superior Court of Forsyth County, North Carolina. Aimo Mikkola died on July 31, 2013, and his Estate was administered in Estate File number 13 E 1716 in the Office of the Clerk of Superior Court of Forsyth County, North Carolina. Therefore, Karin Mikkola owns an undivided one-half (1/2) interest and Tuula Mikkola owns an undivided one-half (112) interest in the above -described Property via survivorship on the date of this conveyance. Property Addresses: Located at corner of Pumpkin Ridge Road and Bethel Church Road, Kernersville, NC, 27824 SAVE AND EXCEPT from the above -described 74.875 acre tract of land, the following easements: 1. The Well Lot Easement for Well #1 and the Access and Utility Easements set out in Exhibit B which is attached hereto and incorporated herein by reference. 2. The Well Lot Easement for Well #2 set out in Exhibit C which is attached hereto and Incorporated herein by reference. Conveyances of the easements excepted above as described in Exhibits B and C will be or have been conveyed to Aqua North Carolina, Inc., a North Carolina Corporation, the Utility Company that presently owns and operates the community water and community sewer systems in Mikkola Downs Subdivision located contiguous to and north of the 74.875 acre tract of land. no Book 3695 Page 4103 W''.Doc Files-MSWord-PDF-Other Forma[%Z-PROP-D'%2019119-117 - 74.875 Ac -Desp to Well Nl Esmt.docx EXHIBIT B Descriptions of Areas Over Which Easements Are Conveyed (19-117/4897; Mikkola, T & K/ Braxton RE to Aqua) Being two (2) tracts or parcels of real property over which easements are granted lying in Kemersville Township, Forsyth County, North Carolina, which are more particularly described as follows: PART I: Description of Well Lot Easement (Well #1): BEGINNING at an existing iron stake lying at the southern -most corner of the Ryan A. Liddle et ux. property described in Book 3367 at Page 3800 (PIN: 6898-16-2273.000), the western -most corner of the 25 foot wide access and utility easement (herein, the "Access and Utility Easement") described in Part Il below which lies in the northeastern boundary line of this Well Lot (Well #1) and lies at a common corner of the 74.875 acre tract of land referred to in the Deed of Easement to which this Exhibit A is attached (herein, the "Development Tract") ; thence on new lines through the Development Tract the following four (4) courses and distances: (1) South 42 degrees 46 minutes 27 seconds East 25.0 feet to a point, the southeast corner of the Access and Utility Easement; (2) continuing South 42 degrees 46 minutes 27 seconds East 119.40 feet to a point; (3) South 47 degrees 13 minutes 33 seconds West 170.65 feet to a point; and (4) North 63 degrees 43 minutes 28 seconds West 182.31 feet to a point lying about 20 feet southeast of the southeastern boundary line of Lot 60 of Mikkola Downs Subdivision and in the northern boundary line of the Development Tract; thence with the northern boundary line of the Development Tract and with the southern boundary line of a 20-foot wide strip or parcel of real property lying contiguous to and running along the southern boundary lines of Lots 60 and Lot 59 of Phase One, Section One of Mikkola Downs recorded in Plat Book 33 at Page 45, the following two (2) courses and distances: (1) North 26 degrees 16 minutes 32 seconds East 99.39 feet to an iron stake lying about 20 feet southeast of the common corner of Lot 59 and Lot 60; and (2) continuing North 26 degrees 16 minutes 32 seconds East 150.0 feet to an iron stake lying in the southwestern boundary line of Lot 58, the northern -most corner of this Well site; thence with the northeastern boundary line of the Development Tract South 49 degrees 35 minutes 48 seconds East 24.75 feet to an iron stake lying at the southern -most corner of Lot 58 and at the western -most corner of the Liddle property; thence continuing with the northeastern boundary line of the Development Tract South 42 degrees 46 minutes 27 seconds East 115.45 feet to the POINT AND PLACE OF BEGINNING; containing 45,213 square feet, more or less, as shown on a survey map by Encompass Surveying & Engineering P.C., PLS, Firm 4C-4644, dated, February 10, 2022, entitled "Boundary Survey Braxton Development", bearing file "Drawing 22002bound.dwg". The above -described property is the northeast portion of the 74.875 acre tract of land (i.e., the "Development Tract") known on the Forsyth County Tax Maps as Tax Lot 2J (PIN 6898-04-3849.000), Block 5417, as shown on the Forsyth County Tax Maps; and is further the northeast portion of the property described in the conveyance recorded in Deed Book 1578 at Page 1452 in the Forsyth County, North Carolina, Registry. Property Address: Off Pumpkin Ridge Road, Kernersville, North Carolina 27284 PART II: Description of Access and Utility Easements: Being a 25-foot wide access and utility easement running from within Pumpkin Ridge Road and in a southernly direction contiguous to and along the southeastern boundary line of the Ryan A. Liddle et ux. i7 Book 3695 Page 4104 property described in Book 3367 at Page 3800 (PIN: 6898-16-2273.000) to the northeastern margin of the 45,213 square foot Well Lot described in Part I above, which is more particularly described as follows: BEGINNING at an existing iron stake lying at the southern -most corner of the Ryan A. Liddle el ux. property described in Book 3367 at Page 3800 (PIN: 6898-16-2273.000), the western -most corner of the 25 foot wide access and utility easement referred to herein as the "Access and Utility Easement" described in Part I above which existing iron stake also lies in the northeastern boundary line of the Well Lot (Well #1) described herein and which also lies at a common corner of the Development Tract referred to in the Deed of Easement to which this Exhibit A is attached (herein, the "Development Tract"); thence with the southeastern boundary line of Liddle's property North 47 degrees 36 minutes 54 seconds East 238.23 feet to an iron stake; thence continuing with the southeastern boundary line of Liddle's property North 47 degrees 36 minutes 54 seconds East 28.61 feet to a point lying within the right-of-way of Pumpkin Ridge Road, the northern -most corner of the Development Tract and the northern -most corner of the Access and Utility Easement described herein; thence on a line within said Road South 42 degrees 38 minutes 39 seconds East 25.0 feet to a point lying within the right-of-way of Pumpkin Ridge Road, the eastern -most corner of the Access and Utility Easement described herein; thence on a new line through the Development Tract South 47 degrees 36 minutes 54 seconds West 266.78 feet to a point lying within the Development Tract, the southern -most corner of the Access and Utility Easement described herein; thence on another new line through the Development Tract North 42 degrees 46 minutes 27 seconds West 25.0 feet to THE POINT AND PLACE OF BEGINNING; containing 6,670 square feet, more or less, as shown on a survey map by Encompass Surveying & Engineering P.C., PLS, Firm #C-4644, dated, February 10, 2022, entitled "Boundary Survey Braxton Development", bearing file "Drawing 22002bound.dwg". The above -described property is the northeast portion of the 74.875 acre tract of land (i.e., the "Development Tract") known on the Forsyth County Tax Maps as Tax Lot 2J (PIN 6898-04-3849.000), Block 5417, as shown on the Forsyth County Tax Maps; and is further the northeast portion of the property described in the conveyance recorded in Deed Book 1578 at Page 1452 in the Forsyth County, North Carolina, Registry. Property Address: On Pumpkin Ridge Road, Kernersville, North Carolina 27284 Book 3695 Page 4105 W : Doc Files -MS Word-PDF-Other Formal\Z-PROP-M2019119-1 17 - 74.875 Ac -Desp to Well #2 Esmt.docx EXHIBIT C Description of Area Over Which Well Lot Easement (Well #2) is Conveyed (19-117/4897; Mikkola, T & K/ Braxton RE to Aqua) being a tract or parcel of real property over which a well easement is granted lying in Kernersville Township, Forsyth County, North Carolina, which is more particularly described as follows: BEGINNING at an existing iron stake lying at the eastern -most corner of Horse Creek Run road (which is also the southern terminus of said road) as shown on the Plat Map of "Revised Phase One, Section One, Mikkola Downs Subdivision recorded in Plat Book 33 at Page 45), a corner of the 74.875 acre tract of land referred to in the Deed of Easement to which this Exhibit A is attached (herein, the "Development Tract"); thence on new lines through the Development Tract the following four (4) courses and distances: (1) South 16 degrees 41 minutes 24 seconds East 32.18 feet to a point, the southeast corner of this Well Lot; (2) South 73 degrees 18 minutes 36 seconds West 241.77 feet to a point, the southwest corner of this Well Lot; (3) North 16 degrees 41 minutes 24 seconds West 202.0 feet to a point, the northwest corner of this Well Lot; and (4) North 73 degrees 18 minutes 36 seconds East 246.51 feet to a point lying in the western margin of the right-of-way of Horse Creek Run road which also lies in the northern boundary line of the Development Tract; thence with the western margin of Horse Creek Run road and on a curve to the right (having a radius of 582.41 feet and an arc distance of 170.50 feet) South 15 degrees 05 minutes 24 seconds East a chord distance of 169.89 feet to the POINT AND PLACE OF BEGINNING; containing 48,534 square feet, more or less, as shown on a survey map by Encompass Surveying & Engineering P.C., PLS, Firm 4C-4644, dated, February 10, 2022, entitled `Boundary Survey Braxton Development", bearing file "Drawing 22002bound.dwg". The above -described property is the northwest portion of the 74.875 acre tract of land (i.e., the "Development Tract") known on the Forsyth County Tax Maps as Tax Lot 2J (PIN 6898-04-3849.000), Block 5417, as shown on the Forsyth County Tax Maps; and is further the northwest portion of the property described in the conveyance recorded in Deed Book 1578 at Page 1452 in the Forsyth County, North Carolina, Registry. Property Address: On Horse Creek Run Road, Kernersville, North Carolina 27284 0