Part of the Northwest Quarter of the Southeast Quarter of Section 32, Township 7 North, Range 31 West, Sebastian County, Arkansas being more particularly described as follows: Commencing at an existing iron pin marking the Northwest Corner of the Northwest Quarter of the Southeast Quarter; thence North 89 degrees 58 minutes 54 seconds East, 435.68 feet to an existing iron pin at the point of beginning; thence North 89 degrees 58 minutes 54 seconds East, 318.46 feet; thence South 24 degrees 49 minutes 33 seconds East, 209.55 feet to an existing re bar at the Northeast corner of Tract 2 of a previous survey by Satterfield Land Surveyors Job Number 32,583 dated August 29, 2005; thence South 66 degrees 04 minutes 18 seconds West, along the North line of said Tract 2, 287.80 feet to an existing rebar at the Northwest corner of said Tract 2; thence North 25 degrees 02 minutes 49 seconds West, 338.66 feet to the point of beginning, containing 1.81 acres, more or less, being subject to public road right of way and any easement of record, according the a survey by Anderson Surveying, Inc. Job Number 07-05-08, RLS #1272. Also subject to an existing 40.00 foot roadway easement as reflected in record description Document No. 7015435. Less and except public roads and rights of way.