; (II) 160 acres in the NE¼ of sec. 33; and (III) 320 acres in the W½ of sec. 34. (ii) Parcel 2 The land described in this clause is 320 acres in the N½ of T. 30 N., R. 23 E., sec. 28. (iii) Parcel 3 The land described in this clause is 2,559.3 acres, comprised of— (I) T. 28 N., R. 24 E., including— (aa) of sec. 16— (AA) 5 acres in the E 1/2 , W 1/2 , E 1/2 , W 1/2 , W 1/2 , NE 1/4 ; (BB) 10 acres in the E 1/2 , E 1/2 , W 1/2 , W 1/2 , NE 1/4 ; (CC) 40 acres in the E 1/2 , W 1/2 , NE 1/4 ; (DD) 40 acres in the W 1/2 , E 1/2 , NE 1/4 ; (EE) 20 acres in the W 1/2 , E 1/2 , E 1/2 , NE 1/4 ; (FF) 5 acres in the W 1/2 , W 1/2 , E 1/2 , E 1/2 , E 1/2 , NE 1/4 ; and (GG) 160 acres in the SE 1/4 ; (bb) 640 acres in sec. 21; (cc) 320 acres in the S 1/2 of sec. 22; and (dd) 320 acres in the W 1/2 of sec. 27; (II) T. 29 N., R. 25 E., PMM, including— (aa) 320 acres in the S 1/2 of sec. 1; and (bb) 320 acres in the N 1/2 of sec. 12; (III) 39.9 acres in T. 29 N., R. 26 E., PMM, sec. 6, lot 2; (IV) T. 30 N., R. 26 E., PMM, including— (aa) 39.4 acres in sec. 3, lot 2; (bb) 40 acres in the SW 1/4 of the SW 1/4 of sec. 4; (cc) 80 acres in the E 1/2 of the SE 1/4 of sec. 5; (dd) 80 acres in the S 1/2 of the SE 1/4 of sec. 7; and (ee) 40 acres in the N 1/2 , N 1/2 , NE 1/4 of sec. 18; and (V) 40 acres in T. 31 N., R. 26 E., PMM, the NW 1/4 of the SE 1/4 of sec. 31. (3) Terms and conditions (A) Existing authorizations (i) In general Federal land transferred under this subsection shall be conveyed and taken into trust subject to valid existing rights, contracts, leases, permits, and rights-of-way, unless the holder of the right, contract, lease, permit, and rights-of-way requests an earlier termination in accordance with existing law. (ii) Assumption by Bureau of Indian Affairs The Bureau of Indian Affairs shall— (I) assume all benefits and obligations of the previous land management agency under the existing rights, contracts, leases, permits, and rights-of-way described in clause (i)