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200212070 First to ascertain the point of beginning, start at the northwest comer of said Northeast Quarter (NE1/4); thence running easterly, along and upon the north line of said Northeast Quarter (NEl /4), said north line of the Northeast Quarter (NE1/4) also being a north line of a parcel surveyed and platted by Lee D. Wagner, L. S. No. 557, dated July 27, 2001 (revised September 6, 2001), and known as "TRACT NO. 50A ", a distance of Seven Hundred Ninety Two and Fifteen Hundredths (792.15) feet to a northeast comer of said "TRACT NO. 50A "; thence deflecting right 90 011'02" and running southerly, along and upon an east line of said "TRACT NO. 50A ", a distance of Three Hundred Thirty Nine and Seventy Three Hundredths (339.73) feet to the ACTUAL point of beginning; said point being a point on a curve; thence running southwesterly, along and upon the are of a curve to the right whose radius is 571.54 feet, a distance of Seven Hundred Sixty One and Four Hundredths (761.04) feet (long chord = 706.05', long chord deflecting right 50 012'42" from the previously described course) to a point of tangency; thence deflecting right 38 °08'47" from the chord of the previously described curve and running westerly, a distance of Thirty Eight and Sixty One Hundredths (38.61) feet; thence deflecting right 02 002'56" and running westerly, a distance of Forty and Twenty Four Hundredths (40.24) feet to a west line of said "TRACT NO. 50A ". (NOTE: Railroad Easement extends North - Northeasterly from the ACTUAL point of beginning to intersect with the east line of said "TRACT NO. 50A ".) Il. 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 or 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. b. Grantor reserves a right of access to all portions of the Property for environmental investigation, remediation or other corrective action. This reservation includes the right of access to and use of available utilities at reasonable cost to Grantor. These rights shall be