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LEGAL DESCRIPTION The land referred to is situated in the State of MN, County of Hennepin, and is described as follows: Parcel 1: That part of Lot 2 and vacated portion of Center Avenue described as follows: Beginning at the intersection of the Westerly extension of the Northerly line of said Lot 2 with the Northerly extension of the westerly line of Lot 3 thence Southerly along said Northerly extension of said Westerly line to the Southwest comer of said Lot 2; thence Easterly deflecting to the left 90 degrees 46 minutes to the shore of Lake Minnetonka; thence Northerly along said shore line to the Northerly line of said Lot 2; thence Westerly along said Northerly line of said Lot and the same extended to the point of beginning in Rearrangement of Orono Point, according to the plat thereof on file or of record in the office of the Register of Deeds in and for said County. (Certificate No. 656982) Parcel 2: The South 100 feet of Lot 1; That part of Lot 10 and that part of Center Avenue as platted but now abandoned, described as beginning at the Southwest comer of Lot 2; thence Northerly along the extension of the Westerly line of Lot 3 to its intersection with the extension of the North line of the South 100 feet of Lot 1; thence East to the Northwest comer of the South 100 feet of Lot 1; thence Southerly along the Westerly line of Lots 1 and 2 to the place of beginning; lying North of the Westerly extension of the South line of said Lot 1; all in Rearrangement of Orono Point, according to the recorded plat thereof on file and ofrecord in the office of the Register of Deeds, Hennepin County, Minnesota. (Certificate No. 656981) Parcel 3: those parts of Lots 2 and 3, Rearrangement of Orono Point, according to the recorded plat thereof, described as follows: Beginning at the Northwest comer of said Lot 3; thence southeasterly, along a line drawn at an angle of 64 degrees 33 minutes 30 seconds from the westerly line of said Lot 3, as measured from south to east, to the shore of Lake Minnetonka; thence northerly along said shore, to an intersection with a line drawn from the point of beginning, at an angle of90 degrees 46 minutes from the westerly line of said Lot 3, as measured from the southeast to northeast; thence southwesterly, along said line so drawn to the point of beginning. SITE ADDRESS = 1220 BRACKETTS POINT ROAD ORONO, MN 55391 PARCEL AREA (TO O.H.W.) = 49, 721 ~Q. FT.±/ 1.14 ACRES± P.I.N.=11-117-23-32-0018 BENCHMARK. STANDARD DISC SOUTHEAST CORNER BRIDGE NO. 7258. CSAH #51 CRYSTAL BAY @NOR.Tf.I ARM BRIDGE ELEV.= 947.21 ~\- ~:i i~'-( ~ ('(\ u:) .. _,.)~ ~c