Commence at the SE corner of the NE 1/4 of Section 34, Township 13 North, Range 10 East, and run North 1,713.64 feet; thence West 1,226.75 feet to the point of beginning; thence North 85 degrees 48 minutes East 147.5 feet; thence North 4 degrees 12 minutes West 147.5 feet; thence South 85 degrees 48 minutes West 147.5 feet; thence South 4 degrees 12 minutes East 147.5 feet to the point of beginning. Containing 1/2 acre in the SW part of the NE 1/4 of the NE 1/4 of Section 34, Township 13 North, Range 10 East.

S 1/2 of Lot 1 and all of Lots 3, 4, 5 and 6, East

of Choctaw Boundary Line, when described with reference to the Original Governmental Survey of Section 19, Township 11 North, Range 5 East, (being Lots 1, 7, 8, 9, 10, 11, and 12 of Section 19, Township 11 North, Range 5 East, when described with reference to new subdivisional plat of said Section prepared and filed in the United States Land Office at Washington, D.C.);

LESS AND EXCEPT THEREFROM:

(1) Ten (10) acres described as beginning at the southeast corner of Lot 6, East of Choctaw Boundary Line when described with reference to the Original Governmental Survey of said Section 19 (said southeast corner of said Lot 6 being the southeast corner of Lot 12 when described with reference to new subdivisional plat of said Section 19 prepared and filed in the United States Land Office at Washington, D.C.), and from said point of beginning run West 528 feet, thence north 825 feet, thence east 528 feet, thence south 825 feet to point of beginning; and

(2) One hundred (100.0) acres, more or less, conveyed by Max E. Ketcham to Lee Thomas in Section 19, Township 11 North, Range 5 East, particularly described as: Beginning at the point of intersection of the south line of said Section 19 with the old fence row marking the Choctaw Boundary Line which runs in a northwesterly direction through said Section 19, and from said point of beginning run thence east for 13.03 chains, thence run north for 59.94 chains to the north line of Lot 3 east of the Choctaw Boundary Line, thence run west 30.31 chains to the Choctaw Boundary Line, thence run in a southeasterly direction along said Choctaw Boundary Line 60.45 chains to the point of beginning, and containing in all 100.00 acres, more or less.

Tract I:

Section 29, Township 11 North, Range 5 East, Madison County, Mississippi, fifteen (15) acres more or less, bounded by the Camden and Canton Road on the South and West, on the South by the land of Grady Sowell and on East by the E.B. Cauthen estate, less and except one-half (1/2) of all oil, gas and other minerals, and being the same real property acquired by James Ray Wallace by Warranty Deed, dated March 6, 1964, from Mrs. Frankie Cauthen, et al, and recorded in Book 92, Page 401 of the Land Records of Madison County, Mississippi.

Tract III:

All that part of Section 29, Township 11 North, Range 5 East, which lies North of the Creek and South and West of the Camden and Carthage Road, and all that part of Lots 1, 2, 3, and 4 East of the Choctaw Boundary Line and lying North of a creek, in Section 30, Township 11 north, Range 5 East. By the above description of the lands in Section 30 there is described all of the land in Section 30 which is located on the Eastern Boundary line of the Northeast Quarter of said Section and South of the old abandoned Kirkwood and Camden and North of the Camden and Carthage Road, containing 302 acres, more or less. This is the same real property acquired by James Ray Wallace by Warranty Deed dated November 26, 1962, from Louise Castens Garraway and E. Glenn Garraway, her husband, recorded in Book 86, at Page 376, and being also the property acquired by James Ray Wallace by Warranty Deed from Mrs. Dixie C. Elrod, dated January 31, 1964 and recorded in Book 91 at Page 298 all of the records of Madison County, Mississippi.

And being the same land conveyed from Robert G. Nichols, Trustee for the USA and benefit of the Administrator of the Small Business Administration to United States of America, Farmers Home Administration by deed dated November 30, 1984 and recorded in Book 205, Page 726 of the land records of Madison County in the State of Mississippi.