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Thence South Ol° 05' 20" West, a distance of 1639.76 <br />feet to the principle place of beginning; <br />Containing within said bounds 12.878 Acres of land, be <br />the same more or less but subject to all legal highways, <br />as surveyed by J. R. Foor & Associates in July of 1974. <br />B. THE RESIDENTIALLY ZONED AND COMMERCIAL ZONED PORTIONS OF <br />PERMANENT PARCEL NO. 232-33-22 OWNED BY THE LORAIN 260 <br />REALTY CO., A PARTNERSHIP CONSISTING OF TWELVE INDIVIDUALS, <br />HEREINAFTER CALLED LORAIN 260 PARTNERSHIP, CONTAINING <br />15.526 ACRES RESIDENTIALLY ZONED AND 0.687 ACRES ZONED <br />COMMERCIAL, AND DESCRIBED AS FOLLOWS: <br />Situated in the City of North Olmsted, County of Cuyahoga <br />and State of Ohio and being known as part of Original Dover <br />Township Lot No. 7 and bounded and described as follows: <br />Beginning at an iron pin in a monument box found at the <br />intersection of the centerline of Canterbury Road, 60 feet <br />wide and the centerline of Lorain Road, 80 feet wide; <br />Thence North 68° 27' 40" East along the centerline of <br />Lorain Road, a distance of 774.50 feet to a point and the <br />principle place of beginning; <br />Thence continuing North 68° 27' 40" East along the center- <br />line of Lorain Road, a distance of 65.00 feet to the South- <br />west corner of land now or formerly conveyed to Jo-Rou <br />Incorporated in Volume 12930 Page 495 of Cuyahoga County <br />Record of Deeds; <br />Thence North Ol° 05' 20" East along the Westerly line of <br />land so conveyed to Jo-Rou Incorporated, and the Northerly <br />extension thereof, a distance of 2139.76 feet to a point <br />on the Northerly line of Original Dover Township Lot No. 7; <br />Thence North 89° 58' 02" West along the Northerly line of <br />Original Dover Township Lot No. 7, a distance of 407.30 <br />feet to a point; <br />Thence South O1° 06' 40" West parallel with the centerline <br />of Canterbury Road, a distance of 1657.34 feet to a point; <br />Thence South 88° 54' 40" East, a distance of 347.88 feet <br />to a point; <br />Thence South O1° 05' 20" West, a distance of 499.92 feet <br />to a point in the centerline of Lorain Road and the prin- <br />ciple place of beginning; <br />Containing within said bounds 16.213 Acres of land, of <br />which 0.059 Acres lay in Lorain Road right-of-way, 0.628 <br />Acres lay in Commercial land and 15.526 Acres lay in <br />Residential land, be the same more or less but subject <br />~ to all legal highways, as surveyed by J. R. Foor & <br />`!.Associates in July of 1974. <br />-2- <br />