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200204920 2. LEGAL DESCRIPTION FOR THE CENTERLINE OF A 30' WIDE RAILROAD TRACK EASEMENT - CAAP TRACT NO. 25 (SOUTH RAILROAD TRACK) A tract of land consisting of a Thirty (30.0) foot wide easement which lies Fifteen (15.0) feet either side of the centerline of an existing railroad track which is located in a part of the Southeast Quarter (SE1 /4) of Section Seven (7), Township Eleven (11) North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska, the centerline of said Thirty (30.0) foot wide easement being more particularly described as follows: First to ascertain the point of beginning, start at the southeast corner of said Southeast Quarter (SE1 /4); thence running northerly, along and upon the east line of said Southeast Quarter (SE1 /4), a distance of Seven Hundred Nine and Sixty One Hundredths (709.61) feet to the ACTUAL point of beginning; thence deflecting left 89 053'37 ", more or less, and running westerly, a distance One Thousand Six Hundred Thirty Nine and One Hundredth (1,639.01) feet, more or less, to a point on the west line of a parcel, surveyed and platted by Lee D. Wagner, L. S. No. 557, dated August 15, 2001 (revised October 5, 2001 and November 28, 2001), and known as "TRACT NO. 25 ", said point being Seven Hundred Six and Thirty Seven Hundredths (706.37) feet north of the south line of said Southeast Quarter (SEl /4) (as measured along and upon the west line of said "TRACT NO. 25 "). II. GENERAL GOVERNMENT RESERVATIONS TO CONVEYANCE This conveyance is expressly made-. subject to the following reservations in favor of Grantor, and its assigns: SAVE AND EXCEPT and there is hereby reserved unto Grantor, and its assigns, all rights and interests that have been previously reserved to Grantor in any Patent(s) covering the Property. III. CERCLA COVENANT AND RESERVED ACCESS a. Pursuant to Section 120(h)(4) of the Comprehensive Environmental Response, Compensation, and Liability Act, as amended, 42 U.S.C. Section 9601 et seq. (CERCLA), the Grantor has identified the Property as real property on which no hazardous substances and no petroleum products or their derivatives were known to have been released or disposed of The Grantor covenants and warrants to the Grantee that in the event that any response action or corrective action is found to be necessary after the date of this conveyance as a result of hazardous substances or petroleum products or their derivatives existing on the Property prior to the date of this conveyance, such response action or corrective action shall be conducted by the Grantor. 4