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202401907 <br />EXCEPTING AND RESERVING unto Grantor(s) a life estate interest in the above described <br />real estate on the terms listed below. <br />TERMS OF LIFE ESTATE <br />Grantor shall retain the right to use, occupy and possess the real estate described herein for the <br />remainder of the Grantor's life. Grantor shall have full power to use and dispose of the entire <br />distributable income from said real property and shall be responsible for payment of real estate <br />taxes thereon. The life tenant shall have the right to execute leases, geophysical exploration <br />agreements, and perpetual easements and grants of right of way shall be binding upon the <br />remainder estate. The life tenant shall receive all royalties, rents, leases, geophysical exploration, <br />easement, and right of way payments paid on account of the land during his lifetime. Grantor may <br />commit waste on the premises if he desires to do so. <br />Tax Parcel Number: 0400234890, 0400234882 <br />Mail Tax Statements To: <br />Hoffmann Properties, LLC <br />11420 S Hilltop Rd <br />Doniphan, Nebraska 68832 <br />[SIGNATURE PAGE FOLLOWS <br />Page 2 of 4 <br />