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Exhibit
<br /> 12045 Starcrest Blvd.
<br /> San Antonio,TX 78247
<br /> vtl,,- Office:210.469.4564
<br /> DOUCET Fax:210.469.3370
<br /> &ASSOCIATES Dwweten&eeri,com
<br /> TBPI,S Firm#l 0 105800
<br /> Waterstone Tract MUD#5 D&A Job No. 1743-005
<br /> Kyle,Texas February 6,2019
<br /> MUD TRACT#5 DESCRIPTION
<br /> BEING A 272.071-ACRE [11,851,413 SQUARE FEET] MUD TRACT OUT OF THE WILLIAM
<br /> HEMPHILL SURVEY, ABSTRACT NO. 221, HAYS COUNTY, TEXAS, BEING A PORTION OF A
<br /> CALLED 811.38-ACRE TRACT CONVEYED TO LASALLE HOLDINGS LTD AS RECORDED IN
<br /> VOLUME 2909, PAGE 684, OF THE OFFICIAL PUBLIC RECORDS OF HAYS COUNTY, TEXAS
<br /> [O.P.R.], SAID 272.071-ACRE TRACT BEING MORE PARTICULARLY DESCRIBED BY METES
<br /> AND BOUNDS AS FOLLOWS:
<br /> BEGINNING at a 1/2-inch iron rod with cap found at the most southerly comer of said 811.38-acre tract, said
<br /> point being the northerly common comer of the 305-acre tract conveyed to Cedar Stump LP,by Deed of Record
<br /> in Volume 1489, Page 800, of said Official Public Records, and of the 199.17-acre tract conveyed to Kyle Three
<br /> Partners LP,by Deed of Record in Volume 2940,Page 195,of said Official Public Records,for the most southerly
<br /> comer and point of beginning hereof;
<br /> Thence, along the common line of said 199.17-acre tract, and said 811.38-acre tract, generally with barbed wire
<br /> fence, the following thirteen(13) courses and distances:
<br /> 1) N54'50'5 I"W, a distance of 771.35 feet to a found 1/2-inch iron rod,
<br /> 2) S82'34'23"W, a distance of 840.87 feet to a found 1/2-inch iron rod,
<br /> 3) N52'52'15"W, a distance of 690.88 feet to a found 1/2-inch iron rod,
<br /> 4) N62'34'40"W, a distance of 68.98 feet to a found 1/2-inch iron rod,
<br /> 5) N68'34'23"W, a distance of 56.45 feet to a found 1/2-inch iron rod,
<br /> 6) N72'57'43"W, a distance of 88.21 feet to a found 1/2-inch iron rod,
<br /> 7) N73'27'40"W, a distance of 53.90 feet to a found 1/2-inch iron rod,
<br /> 8) N78'51'26"W, a distance of 427.41 feet to a 1/2-inch iron rod with"BYRN"cap,
<br /> 9) N88'42'40"W, a distance of 82.89 feet to a 1/2-inch iron rod with"BYRN"cap,
<br /> 10)N89'20'36"W, a distance of 252.54 feet to a found wood fence post,
<br /> 11)N78-22'26"W, a distance of 289.01 feet to a found wood fence post,
<br /> 12)N70-19'37"W, a distance of 133.26 feet to a found 1/2-inch iron rod,
<br /> 13)N65-54'03"W, a distance of 1,059.47 feet to a 1/2-inch iron rod found on the southeasterly Right-Of-
<br /> Way line of County Road 158 [undedicated right-of-way) (No record information could be located];
<br /> THENCE along the common line of said 811.38-acre tract and of the southeasterly Right-Of-Way line of County
<br /> Road 158,the following two [2] courses and distances:
<br /> 1) N42'48'24"E, a distance of 3,243.10 feet to a found 1/2-inch iron rod,
<br /> 2) N42052'47"E, a distance of 570.78 feet to a calculated point;
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