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EXHIBIT 1 200103770 <br />The South One -half (S1/2) of the Southwest Quarter (SW 1 /4) of Section Thirty-Four <br />(34), Township Ten (10) North, Range Eleven (11), West of the 6th P.M., Hall <br />County, Nebraska except for the following: <br />A tract of land comprising all of the West Half of the Southwest Quarter of the <br />Southwest Quarter (WI/2 SW1/4 SW1 /4) of Section Thirty-Four (34), Township Ten <br />(10) North, Range Eleven (11) West of the 6th P.M., Hall County, Nebraska, and <br />more particularly described as follows: <br />Beginning at the southwest corner of the said West Half of the Southwest Quarter of <br />the Southwest Quarter (WI/2 S W 1 /4 S W 1 /4); thence northerly along and upon the <br />west line of said West Half of the Southwest Quarter of the Southwest Quarter (WI/2 <br />S W 1 /4 S W 1 /4), a distance of One Thousand Three Hundred Nine and Forty Eight <br />Hundredths (1,309.48) feet to the northwest corner of said West Half of the <br />Southwest Quarter of the Southwest Quarter (WI/2 S W 1 /4 S W 1 /4); thence easterly, <br />along and upon the north line of said West Half of the Southwest Quarter of the <br />Southwest Quarter (W1 /2 SWIA SW1/4), a distance of Six Hundred Fifty Nine and <br />Three Hundredths (659.03) feet to the northeast corner of said West Half of the <br />Southwest Quarter of the Southwest Quarter (W 1 /2 SW 1 /4 SW 1 /4); thence southerly, <br />along and upon the ast line of said West Half of the Southwest Quarter of the <br />Southwest Quarter (W 1 /2 S W 1 A S W 1 /4), a distance of One Thousand Three <br />Hundred Seven and Twenty Five Hundredths (1,307.25) feet to the southeast comer <br />of said West Half of the Southwest Quarter of the Southwest Quarter (WI/2 SW1/4 <br />S W 1 /4); thence westerly, along and upon the south line of said West Half of the <br />Southwest Quarter of the Southwest Quarter (WI/2 SW1/4 SW1 /4), a distance of Six <br />Hundred Sixty Two and Twenty Four Hundredths (662.24) feet to the point of <br />beginning and containing 19.842 acres, more or less, of which 1.469 acres, more or <br />less, is presently occupied by public road right of way. <br />