GENERAL WARRANTY DEED THIS DEED is made and entered into this day of December, 2014, by and between Dr. Robert C. Hughes and Joyce F. Hughes (husband and wife) 606 Blair Street - Murray, Kentucky 4207] (the ?Grantors?) and University of Louisville Foundation, Inc. 103 Grawmeyer Hall University of Louisville Louisville, Kentucky 40292 (the ?Grantee?) WITNESSETH: That, as a. gift for nominal consideration, the receipt and su??ieicncy of which is hereby acknowledged. Grantors grant and convey unto Grantee in fee simple, subject to an estate for a term of ?ve (5) years hereafter retained, and with covenant of General Warranty, that certain real property located in Galloway County, Kentucky, and more particularly described on Exhibim attached hereto (the ?Property?). Grantors do not convey and unconditionally and absolutely reserve unto and for the bene?t of themselves, their heirs, successors and assigns, an estate for a term of five (5) years, beginning onthe date of this conveyance, in the Property. Subject. to the estate reserved to the Creators, Grantees shall have and hold the Property together with all the rights, privileges, appurtenances, and improvements thereunto belonging unto the Grantors, with covenant of general warranty ot?title. Grantors further covenant: lawful seisin of the estate hereby conveyed, with full power to convey the same, and that said estate is free and clear of all encumbrances except easements, restrictions and stipulations of record; (13) all governmental laws and regulations affecting said Property, and all ad valorem taxes due and payable in 2014 and thereafter. Joyce F. Hughes joins in this Deed as Grantor solely for the purpose of releasing any dower or statutory interest which she may have in the Property herein conveyed. WITNESS, the signature of the Grantors as of the date ?rst herein written. GRANTORS: DA muck L1) Dr. Robert Hughes WW 4 h?t?g?w? Joyce (15. CONSIDERATION CERTIFICATE We, the undersigned, do hereby certify, pursuant to KRS Chapter 382, that the fair market value of the property herein conveyed is $1,358,596.50. GRANTORS: GRANTEE: University of Louisxjoundation, Inc. JC ON We: um?- Dr. RobertC. Hughes mes We; 1 - awn-Em j! Joyce .U Hughes COMMONWEALTH OF KENTUCKY )ss COUNTY OF The foregoing Deed and Consideration Certi?cate were acknowledged, subscribed and sworn to before me this 3.3 "?dey of December, 2014, by Dr. Robert C. Hughes and Joyce P. Hughes, as Grantors, to be their free act and voluntary deed. My Commission Expires: (9 I 2.01:} (SEAL) Nitny Public COMMONWEALTH OF KENTUCKY COUNTY OF The foregoing instrument was acknowledged, subsen?bed and sworn to before me this fifth)! of ,0de 2014, by q! ?ammw on behalf of the University . . . - . . - . . . of Poun anon, Inc., as Grantee; to be Its free act and voluntary deed 111 said capaetty. My Commission Expires: (p "1 (732m 3} 2w, (SEAL) Not?ary?Publio I I I TITLE NOT CERTIFIED No title examination requested and none undertaken. THIS INSTRUMENT PREPARED BY: Jamie Hargrove Jamie Traughber Hargrove Madden Marketplace, Suite 124 12910 Shelbyville Road Louisville, Kentucky 40243 Telephone: (502) 5264868 Send Property Tax Bills to: Dr. Robert C. Hughes 606 Blair Street Murray, Kentucky 42071 53871000000267? 100C EXHT BIT A Tract of land situated in the City of Murray, County of Galloway, State of Kentucky lying west of South 16th Street, roughly between an extension of Story Avenue and Johnson Boulevard, and being further described as follows: Being all of Lot 2 of a Minor Subdivision Plat ofthe Virginia Swann property of record in Plat Book 15, Page 84, Slide 1389, beginning at a 1/2? diameter rebar 30? west of the centerline of South 16th Street, 152.00? south of the Jesus Christ of [latteruDay Saints Church property, (Deed Book 151. Card 667) and being the southwest corner of Lot 1 of said Virginia Swann Estate Minor Plat; Thence; 30? from and parallel to the centerline of South 16th Street south 2? 51? 31? east 268.93? to an iron pipe found on the south side of a drainage ditch, corner to the William Fandrich property (Deed Book 15 1, Card 868); Thence; with Fandrich?s north line north the following calls: north 68? 41? 30? west 163.70? to a 1/2? diameter rebar set; north 86? 12? 11? west 103.42? to a 1/2" diameter rebar set in the east line of Lot 6 of the Wood Creek Subdivision (Plat Book 10, Page 31); Thence; north 3? 10" 15? west 4.91? to a point in the centerline ot?a drainage ditch; Thence; north 86? 30? 58" west 244.48? to an iron pipe found; Thence; south 74? 54? 05" west 250.55? to a l/ diameter rebar set; Thence; north 39? 43? 00? west 44.10? to a 1/2" diameter rebar set; Thence; south 89? 52? 41 west 264.93? to a 1/2" diameter rebar set; Thence; north 65? 36? 56? west 111.11" to a 1/2" diameter rebar set in the east line of the Electric Plant Board of the City of Murray preperty (Deed Book 153, Card 386); Thence; north 3? 32? 40? west 264.52? to a 1/2" diameter rebar set in the south line of the. Electric Plant Board property (Deed Book 153, Card 176); Thence; north 87? 41? 57" east 210.43? to an iron pin found, corner to Lot 3 of the Jen-Tom Subdivision (Plat Book 8, Page 54); Thence; with the south line of the Jen-Tom Subdivision north 87? 46? 28? east 349.72? to a 1/2" diameter rebar found in the east line of Richardson Street, to a 50? wide dedicated roadway for which the road has not been constructed; I Thence; with the east line of said Richardson Street north 3? 06? ll" west 12.00? to a 1/2" diameter rehar found marking the southwest corner of the Church of" Jesus Christ of Latter~Day Saints property: Thence, with the south line of said Church property north 87? 45? 49? east 169.73? to a 1/2? diameter rebar set, the northwest corner of Lot 1 of said Minor Plat of the Virginia Swann Estate property; Thence with the west line of said Lot 1 south 2? 5] Bl? east 152.00? to a 1/2" diameter rebar set; Thence; with the south line of Lot north 87? 45? 49? east l80.00? to the point of beginning. This tract oontaine 7.9921 acres but is subject to an electric transmission line tmement across the southerly portion of this tract. Being the same prepe?y conveyed to Robert C. Hughes, a married person, in fee simple by Deed dated March 10: l994, and recorded in Deed Book 200, Page 299, in the Of?ce of the County Court of Galloway County, Kentucky.