They were in the office in Raydon Labs when they realize that Downey Rd is an address and Pucks asks 'to where?' Either Micheal or Robbins answers, 'to here.'
I saw that Downey Rd goes through the city of Vernon, which is where the Lab is located. So, I think that the Downey Rd paper is a set of directions to the lab for the Randy to follow (Because he can still read?)
At the safe house, when reviewing what they found with Carl, they determined that the piece of paper on the desk is a 'shopping list'. It lists items that were MISSING from the storage cabinets in Dr. Roberts' office.
It's the second set of written addresses found in W.A., for what it's worth. The first being found on the dead recently turned Z that Victor & Saul found in the rubble after the Tower fell.
What I find very fascinating is the leap in deduction that Micheal & co. make in assuming that they found something important involving the zombies. Zombies, in which the smartest, up to this point, have only been clever enough to duck when shot at, utter one-word sentences, and set Wile E. Coyote like traps by laying trackers on top of paper-covered holes in the ground. By stumbling onto a zombie carrying a bag of chemicals, they entertain the idea that the stammering, grunting, brutish, man eating, pants pooping Zs are doing something with the chemicals, even though, the normal people can't even pronounce the words on the labels.
Perhaps this is why Kelly sounded dubious when she said, 'Yeah, good luck with that." when the soldiers went to investigate Raydon Labs. She still holds the characters' in-story perspective of what's going on. Micheal, on the other hand, has jumped into the audience's perspective that something more sinister is afoot.


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