Together with and subject to covenants, easements, right-of ways, and restrictions of record.

Said property contains 15 acres, more or less, and being a portion of property described in deed Book 665, at Page 0373 of the Roberson County Registry.

TRACT 3: Being in certain tract of land lying and being in Maxton Township, Roberson County, North Carolina, and being designated as Tract 3, as shown on a survey plat entitled: "Survey for paramount Paper, Ltd," dated June 28, 1995, surveyed by J.F. Wampler Engineering, Inc., Joseph F. Wampler, Registered Land Surveyor, said Tract being more particularly described as follows:

BEGINNING at a PK nail placed in the intersecting center lines of the CSX Railroad right-of-way SR 1153 (Alma Road) and runs thence from said Beginning point, South 29 degrees 15 minutes 00 seconds West, 854.83 feet along the center line of SR 1153 and beyond to an iron stake placed in the northern right of way line of the US 74 Highway Bypass; thence, along said right-of-way, North 12 degrees 58 minutes 04 seconds West for a distance of 66.17 feet to a concrete right-of-way monument; thence, continuing as said right -of-way, North 20 degrees 43 minutes 25 seconds West for a distance of 994.06 feet to a concrete right-of-way monument; thence, continuing as said right-of-way, North 20 degrees 58 minutes 27 seconds West for distance of 45.22 feet to a concrete right-of-way monument; thence, continuing as said right-of-way, North 21 degrees 41 minutes 51 seconds West for a distance of 154.08 feet to an iron stake placed in the center line of the CSX Railroad right -of-way; thence, as the center line of said railroad right-of-way, South 63 degrees 10 minutes 00 seconds East for a distance of 960.90 feet to the BEGINNING.

Together with and subject to covenants, easements, right-of-ways, and restrictions.

Said property contains 9.26 acres, more or less, and being a portion of property described in Deed Book 665, at Page 0373, of the Robeson County Registry.

LESS AND EXCEPTING:

Lying on the north side of the center line of CSX Railroad and on the eat side of State Road Number 1153 (Alma Road), and BEGINNING at an iron stake which marks the intersection of the center line of the CSX Railroad 200-foot right-of-way and the
center line of State Road Number 11531; and running thence, as and with the center line of State Road Number 1153, the following courses and distances: North 57 degrees 48 minutes 49 seconds East 50.13 feet to an iron stake; North 85 degrees 06minutes 32 seconds East 50 feet to an iron stake; North 89 degrees 09 minutes 53 seconds East 50 feet to an iron stake; North 81 degrees 16 minutes 59 seconds East 50.01 feet to an iron stake; North 72 degrees 31 minutes 26 seconds East 49.98 feet to an iron stake; North 63 degrees 33minutes 49 seconds East 50 feet to an iron stake; North 55 degrees 53 minutes 17 seconds East 49.97 feet to an iron stake; North 48 degrees 19 minutes 09 seconds East