Part of the NE1/4 of the SE1/4 of Section 15, Township 19 North, Range 13 West, Baxter County, Arkansas, described as follows: Starting at the NW corner of said NE1/4 SE1/4; thence South 00 degrees 53 minutes 28 seconds West for a distance of 14.11 feet to a point of South R/W line of County Road No. 53, and the point of beginning; thence South 89 degrees 38 minutes 44 seconds East for a distance of 211.50 feet along said South R/W line to a 3/8 inch rebar; thence leaving R/W run thence South 00 degrees 53 minutes 24 seconds West for a distance of 407.64 feet to a 3/8 inch rebar; thence North 89 degrees 28 minutes 33 seconds West for a distance of 211.50 feet to a 3/8 inch rebar; thence North 00 degrees 53 minutes 28 seconds East for a distance of 407.02 feet to the point of beginning. Being designated as Description 1 on a survey by Slater Surveying & Mapping, dated July 19,2006 and filed July 21, 2006 as instrument number RS-307-06.