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A tract of land comprising a part of the Northwest Quarter (NWlj4) of Section Fourteen (14), Townsbip 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 !loe of said Northwest Quarter (NWlj4), a d1stanee of One Thousand Six Hundred Eighty and Six Hundredths (1,680.06) feet; thence deneding left 90"00'00' and running easterly, a distance of Six Hundred Eight nod Thirty Eight Hundredths (60838) feet; thence deOecting left 90"00'00' and running northerly, paraUel with the west line of said Northwest Quarter (NWlj4), a distance of Four Hundred Fifty Two and Seventy Nine Hundredths (452.79) feet; thence denectlng left 90"00'00' and running westerly, a distance of Five Hundred Sixty J;'ive and Thirty Eight Hnndredths (56538) feet to a point which is Forty Three (43.0) feet east of (measured perpendicular to) the west line of said Northwest Quarter (NWl/4); thence deOecting right 90"00'00' and mnnlng northerly, parallel with tbe Forty Three (43.0) feet east of (measured perpendicular to) the west line of said Northwest Quarter (NWI/4), a distance of Seven Hundred Thirty Seven and Seventy Seven Hundredths (737.77) feet; thence deOectlng right 90"39'48" and runnlog easterly, parallel with the north line of said Northwest Quarter (NWlj4), a distance of Two Hundred Thirty Five (235.0) feet; theoce deOecting left 90"39'48" and running northerly, parallel with the west line of said Northwest Quarter (NW1/4), a distance of Four Hundred Eigbty Nine (489.0) feet to a point on the north line of said Northwest Quarter (NWlj4); thence deOectlng left 89"20'12" and running westerly, along and upon the north !lne of said Northwest Quarter (NWtj4), a distance of Two Hundred Seventy Eight (278.0) feet - to the point of beginning. _ 200802397 LOAN# 7441030046 PA YOFF DATE MAR/03/0S ST:NE