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UP -22 -07 5760 Churchland Boulevard (Tax Parcel 0808 -0010) THAT certain parcel of land, with improvements thereon, situate in Portsmouth, Virginia, containing 16.731 acres as shown on ALTA /AGSM Land Title Survey of Churchland Shopping Center Associates Property prepared by Hoggard /Eure Associates dated May 6, 1996, last revised May 26, 1998, and certified on July 6, 1998, said plat being incorporated herein by reference, said property being more particularly described as follows: BEGINNING at an iron pin at the intersection of the northeast right - of -way of Churchland Boulevard with the northwest right -of -way of Stamford Road; thence with the northeast right -of -way of Churchland Boulevard N41 degrees 57' 15" W- 177.34 feet to a "P -K" nail with cap; thence a curve to the left having radius= 319.42 feet, arc length =35.02 feet, and chord =N27 degrees 34'39" W -35.00 feet to a point; thence a cure to the left having radius = 601.45 feet, arc length =59.55 feet, and chord =N22 degrees 1 1' 41" W =59.62 feet to a point; thence N41 degrees 57' 15" W- 463.65 feet to a point; N41 degrees 57' 15" W -60.39 feet to a point, the southernmost corner of the property now or formerly owned by Walter H. Parker, Jr. (D.B. 1060, Pg 240); thence with the southeast line of Parker NJ 3 degrees 56' 17" E- 392.55 feet to an iron pin in the south right -of -way of (now or formerly) Norfolk, Franklin and Danville Railroad; thence with the south line of the Railroad N68 degrees 37' 59" E -61.27 feet to an iron pin; thence N68 degrees 37' 59" E- 544.64 feet to an iron pin, the northernmost corner of Lot 40, Subdivision of Pride Homes (M.B. 39, P . 68); thence with the west line of lots 40, 41, 42, 43, 44, 45, 46, and 47 Pride Homes S21 degrees 23' 30" E- 387.26 feet to a point in the metal grate of a storm drain inlet, thence S41 degrees 57' 00" E- 435.81 feet to an iron pin in the northwest right -of -way of Stamford Road; thence with the northwest right -of -way of Stamford Road S48 degrees 03' 00" W- 725.00 feet to an "X" cut in the concrete; thence S48 degrees 03" 00' W -60.00 feet to the Point of Beginning. LESS AND EXCEPT: That parcel of land situate in Portsmouth, Virginia, being shown and designated as Parcel C2 containing 0.762 acre on a plat entitled Minor Subdivision of property Owned by Churchland GDS, LLC, Instrument No. 002513 prepared by Hoggard /Eure Associates, P.C. dated July 27, 2001, recorded in the Office of the Circuit Court of the City of