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Page 2 of 3 <br />distance of 124.66 feet; thence South 07° 02’ 06” West, a distance of 77.67 feet; thence South <br />08° 36’ 00” West, a distance of 101.67 feet; thence South 26° 00’ 53” West, a distance of 18.48 <br />feet; thence South 39° 36’ 33” West, a distance of 14.48 feet; thence South 32° 18’ 31” East, a <br />distance of 77.93 feet; thence North 85° 29’ 07” East, a distance of 48.56 feet; thence North <br />47° 44’ 20” East, a distance of 40.81 feet to the Southwest corner of that parcel of land <br />conveyed to David P. Heath, et al by Grant Deed recorded in the Office of the Recorder of the <br />County of San Joaquin on December 8, 1998 as Instrument No. 98146305, said corner also <br />being an angle point in the Easterly line of Parcel A as shown on that Map filed in the Office of <br />the Recorder of the County of San Joaquin on August 11, 1986 in Book 29 of Surveys at Page <br />38 and marked with a 3/4” diameter iron pin with Tag No. RCE 14269; thence North 09° 26’ 13” <br />East along last said line, a distance of 213.31 feet to an angle point in last said line; thence <br />South 82° 25’ 35” East along last said line, a distance of 275.72 feet to a point on the West <br />right-of-way line of Woodward Avenue; thence along the West and North right-of-way line of <br />Woodward Avenue, the following five (5) courses: <br />1.) North 07° 10’ 13” East, a distance of 114.98 feet to an angle point; thence <br />2.) North 00° 00’ 46” West, a distance of 303.19 feet to an angle point, said point being the <br />West quarter corner of said Section 11 and being marked with a 3/4” diameter iron pin with Tag <br />No. RCE 14269; thence <br />3.) North 89° 23’ 30” East, a distance of 810.67 feet to a point of curvature of a tangent curve, <br />concave Northerly, having a radius of 2266.83 feet; thence <br />4.) Easterly along the arc of said curve, through a central angle of 04° 24’ 00” an arc distance <br />of 174.08 feet; thence <br />5.) North 84° 59’ 30” East, a distance of 8.07 feet to the POINT OF BEGINNING. <br />Said land also being known as “New Lot 8” on that certain “Notice of Lot Line Adjustment” (PA- <br />0600286) recorded September 6, 2006 in Official Records, under Recorder’s Serial Number <br />2006-190653 and also shown on Record of Survey filed October 6, 2006 in Book 36 of Surveys, <br />at Page 63. <br />EXCEPT THEREFROM (a) all oil, gas, hydrocarbons, associated substances, and other minerals <br />of every kind and character lying more than 500 feet below the surface of the Property; and (b) <br />an overriding royalty equal to fifty percent (50%) of the gross price received by Grantee, its <br />successors or assigns, for the sale, transfer, lease, exchange or other conveyance, in whole or <br />in part, to a third party for use outside the Property, of any and all water rights (including all <br />water in Oakwood Lake), whether riparian rights to surface water or the right to percolating <br />ground water, associated with the Property, including without limitation, the sale, transfer, <br />lease, exchange or other conveyance of said water rights for the purpose of providing in stream <br />flows, as reserved by in the Deed by Vernalis Enterprises Inc., a Nevada corporation to Beck <br />Properties, Inc., a California corporation recorded November 19, 2004 as Instrument No. 2004- <br />265431 in Official Records, as their respective interest appears. <br />APN: 241-520-16 <br />PARCEL TWO: