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<br />200608878 <br /> <br />Parcel 1: <br /> <br />The North Half of the South Half of the Northeast Quarter (NY:zSY:zNE!4) and the <br />North Half of the Northeast Quarter (N%NE!4) of Section Twenty-five (25), <br />Township Ten (10) North, Range Twelve (12) West of the 6th P.M., Hall County, <br />Nebraska. <br /> <br />EXCEPTING: the North Half of the South Half of the Northeast Quarter <br />(N%S%NEX) of Section Twenty-five (25), Township Ten (10) North, Range <br />Twelve (12) West of the 6th P.M., Hall County, Nebraska excepting a certain tract <br />more particularly described in Book 79, Page 573. <br /> <br />Parcel 2: <br /> <br />North Half of the Northwest Quarter (NY:zNWX), Section Twenty-five(25), <br />Township Ten (10) North, Range Twelve (12), West of the 6th P.M., Hall County, <br />Nebraska, except that part thereof conveyed to The State of Nebraska by deed <br />recorded in Book 74 at Page 77, and subject to right of way of Union Pacific <br />Railroad Co. <br /> <br />ALSO EXCEPTING: that part lying North of the Union Pacific Railroad Co. right of <br />way in the North Half of the Northwest Quarter (NY2NW%), Section Twenty-five <br />(25), Township Ten (10) North, Range Twelve (12), West of the 6th P.M., Hall <br />County, Nebraska. <br /> <br />EXECUTED this i4tb day of ._,S1.ptr.J1:r!><-t:- ,2006. <br /> <br />CARGILL, INCORPORATED <br /> <br />By: ~t"'- <br />Name: <br />Title: <br /> <br />(' r-J <br />-II~ <br /> <br />Dennis O. IAmen <br />VIce President. Cargill, Inc. <br /> <br />PIONEER TRAIL ENERGY, LLC, a Delaware <br />limited liability company <br /> <br />By: <br />Name: <br />Title: <br /> <br />FOUR-M, LTD., a Nebraska limited partnership <br /> <br />By: <br />Name: <br />Title: <br /> <br />2 <br />