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200802396 A tract of land comprising a part of the Northwest Quarter (NWlj4) of Section Fourteen (14), Township Twelve (12) North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska, and more particularly described as follows: Beginning at the northwest corner of said Northwest Quarter (NWlj4); thence running southerly, along and upon the west line of said Northwest Quarter (NWlj4), a distance of One Thousand Six Hundred Eighty and Six. Hundredths (1,680.06) feet; thence deflecting left 90"00'00. and running easterly, a distance of Six. Hundred Eight and Thirty Eight Hundredths (608.38) feet; thence den<<ting left 90"00'00. and running northerly, parallel with the west line of said Northwest Quarter (NWlj4), a distance of Four Hundred Fifty Two and Seventy Nine Hundredths (452.79) feet; thence deflecting left 90"00'00. and running westerly, a distance of Five Hundred Sixty Five and Thirty Eight Hundredths (565.38) feet to a point which is .'orty Three (43.0) feet east of (measured perpendicular to) the west line of said Northwest Quarter (NWlj4); thence deflecting right 90"00'00. and running northerly, parallel with the Forty Three (43.0) feet east of (measured perpendicular to) the west line of said Northwest Quarter (NWlj4), a distance of Seven Hundred Thirty Seven and Seventy Seven Hundredths (737.77) feet; thence denectlng right 90"39'48" and running easterly, parallel with the north line of said Northwest Quarter (NWlj4), a distance of Two Hundred Thirty Five (235.0) feet; thence denecting left 90"39'48" and running northerly, parallel with the west Iioe of said Northwest Quarter (NWlj4), a distance of Four Hundred Eighty Nine (489.0) feet to a point on the north line of said Northwest Quarter (NWlj4); thence deflecting left 89"20'12" and running westerly, along and upon the north line of said Northwest Quarter (NWlj4) , a distance of Two Hundred Seventy Eight (278.0) feet to the point of beginning. LOAN# 7441030046 PAYOFF DATE MARJ03/08 ST:NE