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200503328 With reference to the Northwest corner of said E1 /2NE1 /4, Section Twelve (12): thence running on an assumed bearing of S 00 00100 11E on the West line of said E1 /2NE1/4 for a distance of 1344.69 feet to a point on the Southerly right -of -way line of the Union Pacific Railroad, said point being the actual POINT OF BEGINNING; thence continuing S 00 00'00" E on the West line of said E1 /2NE1 /4 for 209.30 feet; thence S 88 12100" E for 1327.25 feet to a point on the East line of said E1 /2NW1 /4; thence continuing S 88 12'00" E into said W1/2NW1 /4 Section 7 for 169.84 feet; thence N 0812'41" W for 515.09 feet; thence N 37 53'57" W for 122.45 feet; thence N 0014'10" W for 100.42 feet; thence S 89 45'50" W for 23.45 feet to a point on the West line of said Wl /2NW1/4 Section 7; thence continuing S 89 45'50" W into said E1/2NE1/4 Section 12 for 214.15 feet; thence N 8134'1511 W for 177.16 feet; thence N 4136'33" W for 75.40 feet to a point on said Union Pacific Railroad right -af way; thence S 58 58119" W on said right -of- way for 1031.89 feet to the POINT OF BEGINNING, said tract containing 18.813 acres more or less; EXCEPTING therefrom a tract of land owned by the County of Hall, Nebraska, recorded in the Report of Appraisers in Miscellaneous Record Book "R ", page 518, and in Deed Book 89, Page 615, said exception being more particularly described as follows: With reference to the Northeast corner of said E1 /2NE1/4 Section 12; thence running S 00 14110 11E on the East line of said E1 /2NE1 /4 for 900.00 feet to the actual POINT OF BEGINNING, thence S 47 27'38" W for 136.98 feet; thence on a 208.90 foot radius curve to the left for 11.80 feet, the chord to said curve bearing N 8616'03" W for 11.80 feet; thence N 87 53'10" W for 150.00 feet; thence S 02 06'50" W for 55.00 feet; thence S 87 53'10" E for 150.00 feet; thence on a 153.90 foot radius curve to the right for 209.51 feet, the chord to said curve bearing S 48 53'10" E for 193.71 feet; thence S 09 53110" for 264.60 feet; thence S 02 44133" W for 84.87 feet; thence S 23 12'50" W for 57.10 feet; thence N 89 45150" E for 72.50 feet; thence N 02 46'50" E for 151.70 feet; thence N 09 53'10" W for 259.40 feet; thence on a 208.90 foot radius curve to the left for 144.01 feet, the chord to said curve bearing N 29 38'06 "W for 141.173 feet; thence N 00 14'10" W for 142.09 feet; thence S 89 45150" W for 15.00 feet to the POINT OF BEGINNING, said tract containing 1.205 acres more or less, the resultant acreage being 17.608 acres more or less, the Westerly 40.00 feet thereof being dedicated to 80`h Road right -of -way, also known as O'Neill Acres Subdivision, Hall County, Nebraska