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<br /> � ..�w�. nnvo�xt UIIL�t��wl�i DE�D
<br /> �MI�ED LI11B
<br /> !-..
<br /> NORTHWEST CROSSINGS LIMITED LIABILITY COMPANY, A Limited �^�
<br /> Liabil.3.ty Company organized and existing under and by virtue of the
<br /> laws of the State of Nebraska, for and recei�t�of which is hereby
<br /> HUNDRED THOUSAND DOLLARS ($500,000.00), P
<br /> acknowledged, doea hereby convey to GRENOBLE INVESTMENTS, L.L.C. ,
<br /> A Limited Liability Company organized under the lawe of the State
<br /> of South Dakota and authorized to conduct business�n�erests in ethe
<br /> Nebraska, �rantee, an undivided one-half (1/2)
<br /> f.ollowi.ng described real estate in Hall County, Nebraska:
<br /> A tract of land comprising a part of the Northwest Quartez of
<br /> the 3outhwest Qua.rter (Nwl/4 SW1/4) of Section Twenty-Seven
<br /> (27) , Township Eleven (li) North, Range Nine (9), West of the
<br /> 6th P.M. , in Hal.l �:ounzy, ile�ras�», r.tora narticularly
<br /> described as follows:
<br /> B�eginning at the Southwest corner o� thence�Easterly alonq the
<br /> the Southwest Quarter (NF11/4 SWl/4) ;
<br /> South line of said "Narthwest Quarter of the 3outhwest Quarter
<br /> • (NW1/4 Swl/4) a distance of Six Hundred Sixty Feet (660.0' );
<br /> thence Northerly p�rallel to the West line of said Section
<br /> Twenty-Seven (27), a rifstance qf Three Hundred Twenty-Four
<br /> Feet (324.0 •); thence Westerly pnrallel to the South4'SWl 4f
<br /> said Northwest 4udrtsr of �hs Southwest Quarter (NW1/ / )
<br /> a distance of Six Hundred Sixty Fee thence Southerly alonglthe
<br /> nf said Section Twenty-Seven (27)f a distance of
<br /> West line of said Section Twenxy-Seven (27) ,
<br /> Three Hundred Twenty-Four Feet (324.0') to the place of
<br /> beginning,
<br /> together with all tenements, hereditament�, and appurtenances to
<br /> the same belonqing, and all the estate, title, interest, claim or
<br /> demand what�oever of said Grantor, of, in or to the same, or any
<br /> part thereof; subjPCt to easements and restricta.ons of record.
<br /> Grantor covenants with the Grantee that Grantor:
<br /> - �1) is lawfully seized of such real estate and that it is
<br /> r, free from encumbrances except as stated herein;
<br /> �" a. Deed of Trust in favor of tio. dated and recorded
<br /> '; F3an�c, Trustee and Beneficiary,
<br /> '- February 12, 1998, as Document No. 98-101178 of the
<br /> ,� records of Hall County', Nebraska, securing an
<br /> + original stated indebtedness of $1,050,000.00; and
<br />_,�
<br /> � b. Deed of Trust in favor of Home Fede�al Savings
<br /> _�:..;s.n, �atpd oc�ober 13.
<br /> Hank, TrusLee ai�u DC1aGi.+.�++�+�.. ----
<br /> 1998, and recorded Octob�r 14, 1998, as Document
<br /> Na. 98-110044 of the records of Iiall County,
<br /> Nebraska, securing an original stated indebtedness
<br /> c7f $365, 000.UO.
<br /> (2) has good right and lawful authority to sell the �ame;
<br /> �.
<br /> �
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