Estate of Eugene E. Stone, III, Deceased, C. Rivers Stone, E.E. Stone, IV, Mary Stone Fraser & Rosalie Stone Morris, Co-Personal Representatives - Page 60

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                         essary portion of the proceeds from the life                 
                         insurance policy maintained on E.E. Stone,                   
                         III, by Stone Manufacturing Co. shall be                     
                         reserved and used by Stone Manufacturing Co.                 
                         to consumate [sic] the purchase of the                       
                         Cherrydale house.                                            
               [I.] CEDAR MOUNTAIN DIVISION                                           
                              The division of Cedar Mountain for                      
                         purposes of the Chart and the Mary Fra-                      
                         ser Limited Partnership shall be as                          
                              (1) The parties agree to the two-page                   
                                   Cedar Mountain division map * * *                  
                                   which has been signed by * * * [the                
                                   children]. * * *                                   
                              (2) The deeds to 1,054.415 acres from                   
                                   E.E. Stone, III, to the Mary Fraser                
                                   Limited Partnership will reserve                   
                                   for the 1,054.415-acre tract a                     
                                   * * * qualified road right-of-way                  
                                   and utility permanent easements                    
                                   through the adjacent 582.672-acre                  
                                   Life Estate Tract following the                    
                                   route of the existing roads * * *.                 
                              (3) A provision shall be included in                    
                                   the Family Settlement Agreement                    
                                   acknowledging the Children’s agree-                
                                   ment that the Mary Fraser Limited                  
                                   Partnership shall receive the Mary                 
                                   Fraser Parcel, and that the remain-                
                                   der interest in the Life Estate                    
                                   Parcel shall be given to Ann [sic]                 
                                   Logan Ministries, Inc., a 501(c)(3)                
                                   charitable organization, with E.E.                 
                                   Stone, III, retaining a life estate                
                                   in the Life Estate Parcel.                         
                  *       *       *       *       *       *       *                   
                    L.   MAINTENANCE OF PARENTS                                       
                              The four Children, shall jointly bear                   
                         the responsibility for the financial mainte-                 
                         nance of E.E. Stone, III and Allene W. Stone                 
                         during their lives, utilizing the assets                     

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Last modified: May 25, 2011