PART OF THE SOUTHEAST QUARTER OF SECTION 32, TOWNSHIP 8 NORTH, RANGE 31 WEST, SEBASTIAN COUNTY, ARKANSAS BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT AN EXISTING IRON PIN MARKING THE SOUTHWEST CORNER OF LOT 7, BLOCK 2, EL-MAC EAST, SAID POINT BEING ON THE EAST LINE OF THE NORTHWEST QUARTER OF THE SOUTHEAST QUARTER. THENCE ALONG THE EAST LINE OF SAID FORTY, SOUTH 02 DEGREES 59 MINUTES 50 SECONDS WEST, 552.18 FEET TO A FENCE AND THE POINT OF BEGINNING. THENCE LEAVING SAID EAST LINE AND ALONG SAID FENCE THE FOLLOWING BEARINGS AND DISTANCES: SOUTH 87 DEGREES 32 MINUTES 28 SECONDS EAST, 6.71 FEET TO A SET REBAR WITH CAP. SOUTH 02 DEGREES 11 MINUTES 40 SECONDS WEST, 155.30 FEET TO A SET REBAR WITH CAP. SOUTH 71 DEGREES 48 MINUTES 15 SECONDS WEST, 155.14 FEET TO A SET REBAR WITH CAP. NORTH 87 DEGREES 13 MINUTES 47 SECONDS WEST, 190.36 FEET TO A SET REBAR WITH CAP. THENCE LEAVING SAID FENCE, NORTH 00 DEGREES 29 MINUTES 02 SECONDS WEST, 209.26 FEET TO A SET REBAR WITH CAP AT A FENCE. THENCE ALONG SAID FENCE, SOUTH 87 DEGREES 32 MINUTES 28 SECONDS EAST, 338.84 FEET TO THE POINT OF BEGINNING, CONTAINING 1.55 ACRES AND SUBJECT TO ANY EASEMENTS OF RECORD. ALSO HAVING RIGHTS TO A 30.00 FOOT ROAD AND PUBLIC UTILITY EASEMENT NUMBER 1 IN PART OF THE WEST HALF OF THE SOUTHEAST QUARTER OF SECTION 32, TOWNSHIP 8 NORTH, RANGE 31 WEST, SEBASTIAN COUNTY, ARKANSAS BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:  COMMENCING AT AN EXISTING IRON PIN MARKING THE SOUTHWEST CORNER OF LOT 7, BLOCK 2, EL-MAC EAST, SAID POINT BEING ON THE EAST LINE OF THE NORTHWEST QUARTER OF THE SOUTHEAST QUARTER. THENCE ALONG THE EAST LINE OF SAID FORTY, SOUTH 02 DEGREES S9 MINUTES 5O SECONDS WEST, 552.18 FEET TO A FENCE. THENCE LEAVING SAID EAST LINE AND ALONG SAID FENCE, NORTH 87 DEGREES 32 MINUTES 28 SECONDS WEST, 338.84 FEET. THENCE LEAVING SAID FENCE, SOUTH 00 DEGREES 29 MINUTES 02 SECONDS EAST, 78.47 FEET TO THE CENTERLINE OF AN EXISTING GRAVEL DRIVE AND THE POINT OF BEGINNING. THENCE ALONG SAID CENTERLINE THE FOLLOWING BEARINGS AND DISTANCES: SOUTH 59 DEGREES 02 MINUTES 30 SECONDS WEST, 6.56 FEET. AROUND A CURVE TO THE RIGHT HAVING A RADIUS OF 141.54 FEET, AND SUBTENDED BY A CHORD BEARING AND DISTANCE OF SOUTH 77 DEGREES 48 MINUTES 52 SECONDS WEST, 91.10 FEET. AROUND A CURVE TO THE LEFT HAVING A RADIUS OF 657.50 FEET, AND SUBTENDED BY A CHORD BEARING AND DISTANCE OF NORTH 85 DEGREES 59 MINUTES 31 SECONDS WEST, 59.17 FEET. NORTH 88 DEGREES 34 MINUTES 16 SECONDS WEST, 155.85 FEET. AROUND A CURVE TO THE RIGHT HAVING A RADIUS OF 53.97 FEET, AND SUBTENDED BY A CHORD BEARING AND DISTANCE OF NORTH 45 DEGREES 24 MINUTES 34 SECONDS WEST, 73.83 FEET. NORTH 02 DEGREES 14 MINUTES S3 SECONDS WEST, 25.09 FEET. AROUND A CURVE TO THE LEFT HAVING A RADIUS OF 50.96 FEET, AND SUBTENDED BY A CHORD BEARING AND DISTANCE OF NORTH 44 DEGREES 39 MINUTES 00 SECONDS WEST, 68.72 FEET. NORTH 87 DEGREES 03 MINUTES 07 SECONDS WEST, 204.24 FEET TO THE EAST LINE OF A 50.00 FOOT PLATTED RIGHT OF WAY FOR EBBING 82, PHASE I, LOTS 1-21 AND THE POINT OF TERMINATION. ALSO HAVING RIGHTS TO 30.00 FOOT ROAD AND PUBLIC UTILITY EASEMENT NUMBER 2 IN PART OF THE SOUTHWEST QUARTER OF THE SOUTHEAST QUARTER OF SECTION 32, TOWNSHIP 8 NORTH, RANGE 31 WEST, SEBASTIAN COUNTY, ARKANSAS BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT AN EXISTING IRON PIN MARKING THE SOUTHWEST CORNER OF LOT 7, BLOCK 2, EL-MAC EAST, SAID POINT BEING ON THE EAST LINE OF THE NORTHWEST QUARTER OF THE SOUTHEAST QUARTER. THENCE ALONG THE EAST LINE OF SAID FORTY, SOUTH 02 DEGREES 59 MINUTES 50 SECONDS WEST, 552.18 FEET TO A FENCE. THENCE LEAVING SAID EAST LINE AND ALONG SAID FENCE, NORTH 87 DEGREES 32 MINUTES 28 SECONDS WEST, 338.84 FEET. THENCE LEAVING SAID FENCE, SOUTH 00 DEGREES 29 MINUTES 02 SECONDS EAST, 134.94 FEET TO THE CENTERLINE OF AN EXISTING GRAVEL DRIVE AND THE POINT OF BEGINNING. THENCE ALONG SAID CENTERLINE, NORTH 54 DEGREES 20 MINUTES 27 SECONDS WEST, 6159 FEET TO THE POINT OF TERMINATION.