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Return to: Arend R. Baack PO Box 790 Grand Island NE 68802 -0790 m C n TERMINATION AND RELEASE OF CROSS - EASEMENT AGREEMENTS Tract 1 WITNESSETH: 0 WHEREAS, Mortgages of record in favor of ASSET MANAGEMENT 03 CORPORATION, a New Jersey corporation, filed of record as Document No. 80- 005186 and Document No. 80- 005187 have been fully satisfied and released; WHEREAS, a Mortgage of record in favor of CM ASSOCIATE, a Nebraska general partnership, filed of record as Document No. 80- 005189 has been fully satisfied and released, NOW, THERFORE, in consideration of value received, the undersigned, RAYMOND J. O'CONNOR and JENNIFER S. O'CONNOR, Husband and Wife, as successors in interest to GRAND ISLAND MALL, LTD., a Nebraska limited partnership, hereby release, terminate and forever discharge those Cross- Easement Agreements referencing the following- described tracts of real estate: All of the Grand Island Mall Subdivision, an addition to the City of Grand Island, Hall County, Nebraska, except the East 40 feet thereof dedicated as right -of -way for Webb Road and except the tract of land conveyed to the City of Grand Island by the Warranty Deed filed for record on March 14, 1973 in Book 170 at Page 441; and all being more particu- larly described as follows: All that part of the East Half of the Northeast Quarter of Section 12, Township 11 North, Range 10 West, Grand Island, Hall County, Nebraska, bound and described as follows: Commencing at the Northeast corner of said Northeast Quarter; then South 00 degrees 00 minutes 00 seconds East (assumed bearing) along the East line of said Northeast Quarter a distance of 846.00 feet; thence North 89 degrees 20 minutes 54 seconds West, parallel to the North line of said Northeast Quarter a distance of 40.00 feet to the true point of beginning; said point being on the West right -of -way line of Webb Road as now established; thence South 0 degrees 00 minutes 00 seconds East, along said West right -of -way line, a distance of 1,425.37 feet to the Northeast corner of the tract of land conveyed to the City of Grand Island as described herein above; thence North 89 degrees 31 minutes 13 seconds West, along the North line of said tract of land a distance of 670.00 feet to the Northwest corner thereof; thence South 0 degrees 00 minutes 00 seconds cast, along the West line of said tract of land a distance of 370 feet to the Southwest corner thereof, being a point on the South line of said