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Once recorded, return to: Parker, Grossart, Bahensky, Beucke & Bowman, L.L.P. P.O. Box 1600, Kearney, NE 68848 -1600 WARRANTY DEED 1 CA) — v 3 1 An undivided one -half (%Z) interest in and to a tract of land comprising a part of the Northwest Quarter (NW' /a) of Section Twenty -six (26), Township Eleven (11) North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska, and more particularly described as follows: Beginning at the southwest corner of said Northwest Quarter (NW1/4); thence running easterly along the South line of said Northwest Quarter (NW%) a distance of Thirty -three (33) feet; thence running northerly and parallel to the West line of said Northwest Quarter (NW %) a distance of Two Hundred Eight and seven - tenths (208.7) feet; thence running easterly and parallel to the South line of said Northwest Quarter (NW %) a distance of Nine Hundred Ninety -three and six- tenths (993.6) feet; thence running northerly and parallel to the West line of said Northwest Quarter (NWl) a distance of Sixteen and three- tenths (16.3) feet; thence running northeasterly and parallel with the northerly right -of -way line of the Union Pacific Railroad R.O.W. a distance of One Thousand Eight Hundred Eighty -five and six - tenths (1,885.6) feet to a point on the East line of said Northwest Quarter (NW1/4); thence running Northerly along and upon the East line of said Northwest Quarter (NW %) a distance of One Thousand Four Hundred Ninety -seven and four - tenths (1,497.4) feet to the Northeast corner of said Northwest Quarter (NW1/4); thence running westerly along and upon the North line of said Northwest Quarter (NW%) a distance of One Thousand Two Hundred Eighty and forty -five hundredths (1,280.45) feet; thence deflecting left 90 °35'40" and running southerly a distance of Nine Hundred Fifty -Two and three - tenths (952.3) feet; thence deflecting right 88 °47'40" and running westerly a distance of One Thousand Three Hundred Seventy -Seven and three - tenths (1,377.3) feet to a point on the West line of said Northwest Quarter (NW'/); thence running southerly along and upon the West line of said Northwest Quarter (NW'/4) a distance of One Thousand Six Hundred Seventy -Nine and thirteen hundredths (1,679.13) feet to the point of beginning (containing 101.128 acres, more or less). (1) are lawfully seised of such real estate and that it is free from encumbrances except easements and restrictions of record; (2) have legal power and lawful authority to convey the same; and n W CD —1 s Z rn Q "1 r rl ar r > rn Debra J. Shafer and Michael A. Shafer, wife and husband, GRANTORS, in consideration of a tax free transfer for the establishment of a limited liability company, convey to GRANTEE, Shafer & Hartmann Farms, L.L.C., a Nebraska Limited Liability Company, the following described real estate (as defined in Neb. Rev. Stat. 76 -201): GRANTORS covenant (jointly and severally, if more than one) with GRANTEE that GRANTORS: