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The "Premises" subject to this Agreement shall be that portion of the land legally described <br />below which lies south of the William Richardson Drive (extended) right -of -way. <br />20 acres of land off the Fast end of the South half of the Northwest Quarter of Section 21, <br />Township 38 North, Range 2 East excepting therefrom the following: A part of the South <br />Half of the Northwest Quarter of Section 21, Township 38 North, Range 2 East, St. Joseph <br />County, Indiana, described as follows: Beginning on the South line of said quarter Section, <br />South 88' 57' 48" West 160.62 feet from the Southwest corner of said Quarter Section; thence <br />South 88' 57' 48" West 501.97 feet along said South line to the Southwest corner of the <br />owner's land; thence North 0° 52' 00" West 221.16 feet along the West line of the owner's <br />land; thence Southeasterly 548.23 feet along an arc to the right having a radius of 4,718.66 <br />feet and subtended by a long chord having a bearing of South 67° 13' 54" East and a length of <br />547.92 feet to the point of beginning. <br />