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-.III. LEONARD DERIN agrees to purchase the following described <br />;property from the designated Sellers as hereinafter provided: <br />A PORTION OF RESIDENTIAL AND COMMERCIAL PROPERTY CONTAINED <br />WITHIN PERMANENT PARCEL NO. 232-33-22, OWNED BY LORAIN 260 <br />PARTNERSHIP, CONTAINING 0.745 ACRES OF COMMERCIALLY ZONED <br />LAND AND 0.579 ACRES OF RESIDENTIALLY ZONED LAND, AND <br />FURTHER 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 <br />Dover Township Lot No. 7 and bounded and described as <br />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 697.34 feet to the Southeast <br />corner of land conveyed to the Chrysler Realty Corporation <br />in Volume 12155, Page 805 of Cuyahoga County Record of <br />Deeds and the principle place of beginning; <br />Thence continuing North 68° 27' 40" East along the center- <br />line of Lorain Road, a distance of 77.16 feet to a point; <br />Thence North O1° 05' 20" East, a distance of 499.92 feet <br />to a point; <br />Thence North 88° 54' 40" West, a distance of 347.88 feet <br />to a point; <br />Thence South Ol° 06' 40" West and parallel with the center- <br />line of Canterbury Road, a distance of 145.03 feet to the <br />Northwest corner of land so conveyed to the Chrysler Realty <br />Corporation; <br />Thence North 68° 27' 40" East along the Northerly line of <br />the Chrysler Realty Corporation and parallel with the <br />centerline of Lorain Road, a distance of 300.00 feet to the <br />Northeast corner of land so conveyed to the Chrysler Realty <br />Corporation; <br />Thence South O1° 06' 40" West along the Easterly line of <br />land so conveyed to the Chrysler Realty Corporation and <br />parallel with the centerline of Canterbury Road, a distance <br />of 500.00 feet to a point and the principle place of begin- <br />ning; <br />Containing within said bounds 1.395 Acres of land, of which <br />0.071 Acres lay in Lorain Road right-of-way, 0.745 Acres <br />lay in Commercial Zoned land and 0.579 Acres lay in <br />Residential zoned land, to be the same more or less but <br />subject to all legal highways as surveyed by J. R. Foor <br />& Associates in July of 1974. <br />-4- <br />,~ <br />i <br />~~ <br />. E ~ ~~; <br />