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M LEGAL DESCRIPTION A part of Highland Addition to the City of Batesville, Arkansas in the North 1/3 of the NW 1/4 of .the NE 1/4 of Section 16, Township 13 North, Range 6 West, in Independence County, Arkansas, containing parts or all of Lots 2, 3 and 4, Block 1; Lots 1 and 2, Block 2, Lots 1, 2, 3 and 4, Block 3; Lots 1, 2, 3, 8, 9 and 10, Block 4 and parts of First or Church Street and parts of Center Street, more particularly described as follows: From the Northwest corner of the said North 1/3 of the NW 1/4 of the NE 1/4 (said point also being the Northwest corner of the Town of Highland now known as Highland Addition to the City of Batesville, Arkansas) run South 04 degrees 53 minutes 10 seconds East and along the East right-of-way line of St. Louis Street (U. S. Highway No. 167) and the West side of Highland Addition a distance of 241.50 feet to a concrete monument with brass disc marking the intersection of the highway right-of-way line and the Southerly right-of-way line -of College Avenue (right-of-way not dedicated) and the point of beginning; run thence North 49 degrees 06 minutes 50 seconds East and along the said Southerly right-of-way line 210.00 feet; thence continue along said Southerly right-of-way line North 51 degrees 38 minutes 30 seconds East 70.00 feet; thence continue along said Southerly right-of-way line North 56 degrees 33 minutes 30 seconds East 55.00 feet; then continue along said Southerly right-of-way line North 79 degrees 24 minutes 56 seconds East 30.70 feet to an iron pin marking the Northwest corner of Fractional Lot 3, Block 4; thence continue along said Southerly right-of-way line North 83 degrees 31 minutes 40 seconds East and along the North line of said Fractional Lot 3, Block 4 a distance of 70.08 feet to an iron pin marking the Northeast corner of said Lot 3, Block 4; thence South 03 degrees 59 minutes 50 seconds East and along the East line of fractional Lot 3 and Lot 8, Block 4 a distance of 280.00 feet to the centerline of Center Street (unopened); thence North 88 degrees 07 minutes 47 seconds East and along the centerline of Center Street a distance of 70.04 feet; thence South 03 degrees 59 minutes 50 seconds East and along the South one-half of Center Street and the East line of Lot 4, Block 3 a distance of 124.00 feet; thence South 85 degrees 19 minutes 44 seconds West 440.67 feet to the West line of Highland Addition and the East line of St. Louis Street (U. S. Highway No. 167); thence North 04 degrees 53 minutes 10 seconds West and along the said West line of Highland Addition and the East line of St. Louis Street a distance of 212.50 feet to the point of beginning, containing 134,504 square feet or 3.0877 acres more or less. EXHIBIT "B"