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PROPERTY DESCRIPTION <br />D R HORTON ALLOCATION AGREEMENT <br />January 14, 2004 <br />PARCEL 2 <br />All that part of OUTLOT U, RAMSEY TOWN CENTER ADDITION, according to the <br />recorded plat thereof, Anoka County, Minnesota, described as follows. <br />Beginning at the northeast comer of said OUTLOT U; thence on an assumed bearing of <br />North 89 degrees 42 minutes 54 seconds West along the northerly line of said OULTO U <br />for 1149.17 feet, thence on a bearing of SOUTII for 82.14 feet; thence southeasterly for <br />201.88 feet along a non -tangential curve concave to the southwest, radius 297.01 feet and <br />central angle 38 degrees 56 minutes 37 seconds, the chord of said curve bears South 28 <br />degrees 13 minutes 33 seconds East, thence on a bearing of EAST for 440.94 feet, <br />thence on a bearing of SOUTH for 372 81 feet to the southerly line of said OUTLOT U; <br />thence easterly for 75 84 feet along said southerly line along a non -tangential curve <br />concave to the south, radius 1023.00 feet and central angle 04 degrees 14 minutes 50 <br />seconds, the chord of said curve bears South 79 degrees 35 minutes 59 seconds East, to a <br />point of tangency rn said southerly line; thence South 77 degrees 28 minutes 34 seconds <br />East along said southerly line for 378 28 feet to a point of curvature in said southerly line, <br />thence easterly for 142.66 feet along said southerly line along a tangential curve concave <br />to the north, radius 677.00 feet and central angle 12 degrees 04 minutes 25 seconds to the <br />southeast corner of said OUTLOT U; thence on a bearing of NORTH along the easterly <br />line of said OUTLOT U for 267.08 feet to a point of curvature in said easterly line; <br />thence northerly for 133 43 feet along said easterly line along a tangential curve concave <br />to the west, radius 1040.00 feet and central angle of 07 degrees 21 minutes 03 seconds to <br />a point of tangency in said easterly line, thence North 07 degrees 21 minutes 03 seconds <br />East along said easterly line for 100.00 feet to a point of curvature in said easterly line; <br />thence northerly for 123.16 feet along said easterly line along a tangential curve concave <br />to the west, radius 960.00 feet and central angle 07 degrees 21 minutes 03 to a point of <br />tangency in said easterly line, thence en a bearing of NORTH along said easterly line for <br />113.35 feet to the point of begiiuung <br />DR H0R T0NAAP ARCEL2rev012 <br />