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Tract III: A parcel of land described as commencing at the intersection of the South right-of-way <br />line of Colfax Avenue with the West right-of-way line of Niles Avenue; thence North 89054'00" <br />West, along said South right-of-way line, a distance of 232.26 feet to the Easterly right-of-way <br />line of Gintz Avenue; thence South 5°53'22" East, along said Easterly right-of-way line, a distance <br />of 274.46 feet; thence South 5°27'44" East along said Easterly right-of-way line, a distance of <br />137.81 feet; thence South 3°34'50" East, a distance of 84.04 feet to the place of beginning for this <br />description; thence South 3°34'50" East, a distance of 144.46 feet; thence South 3°12'46" West, <br />a distance of 8.90 feet; thence South 52°57'51" West, a distance of 32.89 feet to the Easterly <br />meander line of the St. Joseph River; thence North 46°31'03" West along said Easterly meander <br />line, a distance of 132.0 feet; thence North 83°47'35" East, a distance of 104.54 feet; thence North <br />3°34'50" West, a distance of 70.00 feet; thence North 86°25'10" East, a distance of 13.99 feet to <br />the place of beginning. <br />Tax Parcel No. 018-5001-000501 <br />