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202400937 NE1/4NE1/4; thence west along the North Line of said SW1/4NE1/4 a distance of 156.75 feet; thence deflecting left 133° 42' and running Southeast a distance of 340.6 feet; thence deflecting left 20°46' and running southeast a distance of 238.67 feet; thence deflecting left 25°44' and running easterly 120.33 feet; thence deflecting left 28°49' and running northeasterly 678.25 feet; thence deflecting right 28°29' and running easterly a distance of 318.15 feet to a point on the east line of said SE 1 /4 NE 1 /4 ; thence running North on the east line of said SE1/4NE1/4 a distance of 15.0 feet to a point of beginning and containing 30.23 acres, more or less subject to county road right of way, EXCEPTING THEREFROM the following tracts: (1) a tract conveyed to Hall County by Warranty Deed dated July 8, 1987 and recorded December 22, 1987 as Instrument No. 87-107277, and (2) a tract conveyed to County of Hall, Nebraska by Warranty Deed dated June 29, 1999 and filed July 28, 1999 as Instrument No. 0099107606 and (3) a tract conveyed to Consolidated Blenders, Inc., a Nebraska corporation by Quitclaim Deed dated January 21, 2010 and recorded February 1, 2010 recorded as Instrument No. 0201000701. WHEREAS, Lorraine is currently the owner of the subject real estate; WHEREAS, Lanny and the LLC, with Lorraine's consent, constructed a 50 x 60 x 16' addition to the garage/game room already constructed on the subject real estate, which addition will be used for storage of Lanny and the LLC's farm machinery, implements and equipment. WHEREAS, the parties desire to confirm the ownership of the addition to the garage/game room and to provide for the proper disposition of the additional improvements to the subject real estate, as the case may be, in the event that Lorraine desires to dispose of the subject real estate. NOW, THEREFORE, in consideration of the mutual covenants and conditions contained herein, and for other good and valuable consideration, the parties hereto agree as follows: 1. Recitals. The foregoing recitals are specifically incorporated in this Severance Agreement and made a part of this Agreement by this reference. 2. Personal Property. The addition to the garage/game room shall at all times be and remain personal property notwithstanding that such additional improvements or any part thereof may now be or hereafter become in any manner affixed, attached to, or embedded in, or permanently resting upon the subject real estate. The addition shall at all times remain severed from the subject real estate and will be considered with respect to the interests of the parties hereto as personal property. 3. Ownership of Improvement. The addition shall at all times be and shall remain the sole and exclusive property Lanny and the LLC. Except as otherwise provided herein, Lorraine shall acquire no interest in the improvements by virtue of the same being affixed, attached to, embedded in, or permanently resting upon the subject real estate. 2