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200005125 LEGAL DESCRIPTION A Legal description of a tract of land located in the West Half of the Northeast Quarter of Section 13, Township 11 North, Range 10 West of the 6`h P.M., Hall County, Nebraska and more particularly described by metes and bounds as follows: 0. Referring to the Aluminum Cap for the North One - Quarter Corner of Section 13, Township 11 North, Range 10 West of the 6`h P.M., Hall County, Nebraska; Thence S 00 033111" E, (an assumed bearing), and on the West Line of the Northeast Quarter of said Section 13, a distance of 40.00 feet to a point 0.56 feet southerly and 0.03 feet westerly of a found ' /Z" Pipe, said point being on the Southerly Right -of- Way Line of 13`h Street and also the POINT OF BEGINNING; Thence S 89 °52'23" E, parallel with and 40 feet Southerly of the North Line of the Northeast Quarter of said Section 13 and on the Southerly Right -of -way Line of said 13`h Street, a distance of 395.10 feet to a point 0.15 feet southerly of a found '/2" Pipe, said point being the Northwesterly Corner of Park Island Square Subdivision to the City of Grand Island, located in the Northwest Quarter of the Northeast Quarter of Section 13, Township 11 North, Range 10 West of the 6`h P.M., Hall County, Nebraska; Thence S 00 °33117" E, and on the Westerly Line of said Park Island Square Subdivision and the remaining portion of Lot 1, Park Island Square Second Subdivision to the City of Grand Island, located in the Northwest Quarter of the Northeast Quarter of Section 13, Township 11 North, Range 10 West of the 6ch P.M., Hall County, Nebraska, a distance of 974.25 feet to a point 0.09 feet westerly of a found ' /:" Pipe, said point being the Southwesterly Corner of the remaining portion of Lot 1 of said Park Island Square Second Subdivision or the Northwesterly Corner of Lot 1, Park Island Square Third Subdivision to the City of Grand Island, located in the Northwest Quarter of the Northeast Quarter of Section 13, Township 11 North, Range 10 West of the 6`h P.M., Hall County; Thence N 89 °34'25" E, and on the Southerly Line of the remaining portion -of Lot 1 of said Park Island Square Second Subdivision or the Northerly Line of Lot 1 of said Park Island Square Third Subdivision, a distance of 427.25 feet to a 5/8" Rebar for the Northeasterly Corner of Lot 1 of said Park Island Square Third Subdivision; Thence S 00 °22104" E, and on the Westerly Line of the remaining portion of Lot 1 said Park Island Square Second Subdivision or the Easterly Line of Lot 1 of said Park Island Square Third Subdivision, a distance of 64.77 feet to a '/2" Pipe for the Southwesterly Corner of the remaining portion of Lot 1 of said Park Island Square Second Subdivision or the North, Southeasterly Corner of Lot 1 of said Park Island Square Third Subdivision; Thence N 89 °33'09" E, and on the Southerly Line of the remaining portion of Lot 1 of said Park Island Square Second Subdivision or the Northerly Line of Lot 1 of said Park Island Square Third Subdivision, a distance of 324.24 feet to a Chiseled "x" set in concrete for the Southeasterly Corner of the remaining portion of Lot 1 of said Park Island Square Second Subdivision or the Northeasterly Corner of Park Island Square Third Subdivision and also said point is on the Westerly Right -of -way Line of Diers Avenue; Thence S 00 °26'41" E, and on the Easterly Line of Lots 1 and 2 of said Park Island Square Third Subdivision or the Westerly Right -of -way Line of said Diers Avenue, a distance of 246.93 feet to a found '` /:" Pipe for the