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Legal Desc Combined TractWaverly Investments, LLC Parcels R03600-003-075-000 & R03600-003-074-000 (Combined Legal Description) All that tract or parcel of land, lying and being situate in New Hanover County, North Carolina, being more particularly described as follows; Commencing at a nail & washer set on the northwesterly right of way of Market Street (U.S. Highway 17, 100’ R/W) and the northeasterly right of way of Sweetwater Drive (44’ R/W), said nail & washer being the POINT OF BEGINNING for this tract of land; thence, continuing along said right of way of Sweetwater Drive N46(01’50”W for a distance of 256.67 feet to a 1/2" rebar set; thence, leaving said right of way of Sweetwater Drive N42(31’10”E for a distance of 148.69 feet to a 5/8” rebar found; thence, N42(40’15”E for a distance of 146.50 feet to a 1” closed top pipe; thence, S46(53’48”E for a distance of 169.60 feet to a 1” open top pipe found along the abandoned northwesterly right of way of the Seaboard Coast Line Railroad; thence, S47(07’25”E for a distance of 86.97 feet to a 1/2" rebar set along the aforementioned right of way of Market Street; thence continuing along said right of way of Market Street S42(35’17”W for a distance of 149.08 feet to a point; thence S42(35’17”W for a distance of 150.34 feet to a nail & washer set and the POINT OF BEGINNING. Said tract of land contains 76,281 square feet, or 1.751 acres, more or less.