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THE LAND REFERRED TO HEREIN IS SITUATED IN THE STATE OF CALIFORNIA, <br />COUNTY OF ORANGE, CITY OF SANTA ANA,'AND I9 DESCRIBED AS FOLLOWS: <br />PARCEL 1: <br />THAT PORTION OF LOT i OF THE EASTSIDE ADDITION TO SANTA ANA, AS <br />PER MAP RECORDED IN BOCK 1, PAGE 21, MISCELLANEOUS MAPS, IN THE <br />OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: <br />COMMENCING AT A POINT IN THE CENTER LINE OF DEPOT STREET, 283.14 <br />FEET EAST OF THE NORTHWEST CORNER OF LOT 1 OF "EAST SIDE ADDITION <br />TO SANTA ANA", AS PER MAP RECORDER IN BOOK 1, PAGE 21, MISCELLANEOUS <br />MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF.SAID COUNTY, SAID <br />CORNER BEING THE INTERSECTION OF THE CENTER LINES OF GRAND AVENUE, <br />AND DEPOT STREET, AS SHOWN ON SAID MAP; THENCE EASTERLY 121.57 <br />FEET TO A POINT; THENCE SOUTHERLY 156.90 FEET TO A POINT; THENCE <br />WESTERLY 121.60 FEET TO A POINT; THENCE NORTHERLY 186.90 FEET TO <br />THE POINT OF BEGINNING. <br />PARCEL 2: <br />THE EAST 2 ACRES CALCULATED TO THE CENTERLINE OF THE STREET, OF <br />LOT 1 OF THE EASTSIDE ADDITION TO SANTA ANA, AS PER MAP RECORDED <br />IN BOOK 1, PAGE 21, MISCELLANEOUS MAPS, IN THE OFFICE OF THE COUNTY <br />RECORDER OF SAID COUNTY. <br />EXCEPT THEREFROM THAT PORTION THEREOF LYING EASTERLY OF THE WESTERLY <br />LINE OF THE LAND DESCRIBED IN PARCEL 1 OF DEED TO LOUTS ROGERS, <br />AND OTHERS, RECORDED APRIL 24, 1959 IN BOOK 4684, PAGE 563, OFFICIAL <br />RECORDS, OF SAID ORANGE COUNTY, <br />PARCEL 3: <br />THAT PORTION OF LOT 1 OF THE EASTSIDE ADDITION TO SANTA ANA, AS <br />PER MAP RECORDED IN BOOK 1, PAGE 21, MISCELLANEOUS MAPS, IN THE <br />OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: <br />BEGINNING AT A POINT ON THE CENTER LINE OF DEPOT STREET DISTANT <br />NORTH 89. 52' 01" EAST 406.68 FEET FROM THE INTERSECTION OF SAID <br />CENTER LINE WITH THE CENTER LINE OF GRAND AVENUE, AS SHOWN ON SAID <br />MAP OF THE EASTSIDE ADDITION TO SANTA ANA; THENCE CONTINUING., ALONG <br />SAID CENTER LINE OF DEPOT STREET, NORTH 89. 52' 01" EAST 120.248 <br />FEET; THENCE SOUTH 0' 04' 15" WEST 425.46 FEET TO THE SOUTHERLY <br />LINE OF SAID LOT 1; THENCE ALONG SAID SOUTHERLY LINE SOUTH 89' <br />52' 30" WEST 120.43 FEET; THENCE NORTH 0' 03' 18" EAST 425.44 FEET <br />TO THE POINT OF BEGINNING. <br />PARCEL 4: <br />THAT PORTION OF LOTS 1 AND 2 OF THE EASTSIDE ADDITION TO SANTA <br />ANA; AS PER MAP RECORDED IN BOOK 1, PAGE 21, MTSCELLANEOUS,MAPS, <br />IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, -DESCRIBED <br />AS FOLLOWS: <br />Exhibit "A" <br />to Second Amendment to Development agreement <br />( Page 8 of 12 ) <br />