A portion of Lot 267, Antelope Valley Ranches Phase II, according to the Result of Survey recorded in Book 1 of Land Surveys, pages 6 through 16, and a portion of Section17, Township 24 North, Range 9 West of the Gila and Salt River Base and Meridian, Yavapai County, Arizona, and being more particularly described as follows: BEGINNING at the Northeast corner of Lot 267, a ½ inch rebar with Aluminum cap stamped Lot 267, from which the Southeast corner bears South 00° 44' 10" West, 1320.15 feet (of record South 00° 05' 19" East, 1318.73 feet); Thence, South 00° 44' 10" West, 333.00 feet to a ½ inch rebar with cap LS 53890;

Thence, North 89° 13' 11" West, 1314.58 feet to a ½ inch rebar with cap LS 53890;

Thence, North 00° 44' 21" East, 329.81 feet to a ½ inch rebar with Aluminum cap Lot 267;

Thence South 89° 21' 32" East a distance of 1314.56 feet to the POINT OF BEGINNING;

Said described parcel contains 435654 square feet (10.001 acres), more or less, subject to any and all easements, reservations, restrictions and conveyances of record.