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200204822 COMMENCING AT THE NORTHEAST CORNER OF THE NORTHEAST QUARTER (NE CORNER, NEI /4) OF SAID SECTION 3, SAID POINT ALSO BEING THE POINT OF BEGINNING; THENCE ON AN ASSUMED BEARING OF S 00046'00" E ALONG THE EAST LINE OF SAID NE 1 /4 A DISTANCE OF 1318.98 FEET TO A POINT BEING THE SOUTHEAST CORNER OF THE NORTHEAST QUARTER OF THE NORTHEAST QUARTER (NEI /4, NE1 /4) OF SECTION 3; THENCE S 89 °09'34" W ALONG THE SOUTH LINE OF SAID NEI /4, NEI /4 A DISTANCE OF 324.55 FEET; THENCE N 41042'00" E A DISTANCE OF 244.27 FEET; THENCE N 90 000'00" E A DISTANCE OF 89.67 FEET; THENCE N 01 °06'56" W A DISTANCE OF 1052.56 FEET; THENCE S 89 055'49" W A DISTANCE OF 494.48 FEET; THENCE N 55 000'00" W A DISTANCE OF 53.21 FEET; THENCE S 89 009'47" W AND PARALLEL TO THE NORTH LINE OF SAID NEI /4, NEI /4 A DISTANCE OF 711.23 FEET TO A PONT ON THE WEST LINE OF SAID NEI /4, NEI /4; THENCE N 00 °5446" W ALONG SAID WEST LINE A DISTANCE OF 50.00 FEET TO THE NORTHWEST CORNER OF SAID NE 1 /4, NE 1 /4; THENCE N 89009'47" E ALONG THE NORTH LINE OF SAID NEI /41 NEI /4 A DISTANCE OF 1325.35 FEET TO THE POINT OF BEGINNING. SAID EASEMENT CONTAINS 4.76 ACRES MORE OR LESS OF WHICH 1.98 ACRES IS EXISTING COUNTY ROAD RIGHT OF WAY. 2. The Subordinating Party hereby consents to the granting by the Obligor to the Easement Holder of each of the easements described in paragraph 1 of this Subordination Agree- ment. 3. So long as one or more of the easements described in Paragraph 1 shall continue to exist, the Easement Holder's interest in the Subordinated Collateral as to each easement then continuing in effect shall have priority over the lien of the Subordinating Party in that Subordinated Collateral, and the Subordinating Party's interest in that Subordinated Collateral is, in all respects, subject and subordinate, to the continuing easements in favor of the Easement Holder or its successors in interest. 4. So long as all or any portion of the easements described herein remain effective between the Obligor and the Easement Holder, such easement or easements are controlling as to the Subordinated Collateral in which Easement Holder is to have a first interest and in all cases in which there is a conflict between such easement or easements and the provisions of any lien instrument granted to the Subordinating Party by the Obligor the rights of the Easement Holder, its successors and assigns, shall prevail. 5. This Agreement is a continuing, absolute and unconditional agreement of subordination without regard to the validity or enforceability of the easements between the Obligor and the Easement Holder or the order of filing applicable to the easements, Deeds of Trust or other instruments of security with respect to the Subordinated Collateral. 6. This Agreement shall remain in full force and effect and is binding upon the Subordinating Party and upon its successors and assigns, so long as any easement from the Obligor to the Easement Holder remains in effect as to the Subordinated Collateral. 7. The Subordinating Party agrees that the easements evidencing the rights in respect to use between the Obligor and the Easement Holder, may from time to time be extended, modified, compromised or released, without notice to or consent by the Subordinating Party.