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MOW ALL MEN BY THESE PRESENTS that on the 21st day of August, 1987, an Installment Sales Contract was entered into by and between THE RASMUSSEN, a single person, SEUZR, and JANICE M. THAYER, BUYER, for the sale and conveyance of the following- described real property situated in Hall County, Nebraska: A tract of land cceprising a part of the East Half of the Southeast Quarter (Et Vic) of section Twmnty -Eight (28), Township Eleven (11) North, Rand Nine (9), West of the 6th P.M., in the City of Grand Island, Hall County, Nebraska, and more particularly described as follows: Beginning at the northwest corner of Lot One (1), Woodland Second Subdivision, also being a point on the west line of said East One Half of the Southeast Quarter (A SEk); theme running easterly along and upon the north line of Lots One (1) and Two (2) of said Woodland Second Subdivision, a distance of Four Hundred and One Tenth (400.1) feet to the northwest corner of Lot Three (3) of said Woodland Second Subdivision; theme running easterly along and upon the north line of said Lot Three (3), a distance of Two Hundred Ninety -Seven and Three Tenths (297.3) feet to the northeast corner of said Lot Three (3) and also being a point on the northwesterly right of way line of Ramada Road; thence running northeasterly along and upon said northwesterly right of way line a distance of One Hundred Forty -Two and Thirty -Seven Hundredths (142.37) feet to the southwest corner of Lot Four (4) of said Woodland Second Subdi- vision; thence running northerly along and upon the west line of Lots Farr (4) , Five (5) , Six (6) and Seven (7) , a distance of Six Hundred Ninety -Eight and Sixty -Two Hundredths (698.62) feet to the northwest corner of said Lot Seven (7) and also being a point on the south line of Woodland Drive; thence running westerly along and upon the prolongation of the south line of Woodland Drive, a distance of Seven Hundred Ninety -Seven and Sixty -Nine Hundredths (797.69) feet to a point on the west line of said East One Half of the Southeast Quarter (Eh SE%); thence running southerly along and upon the west line of said East one Half of the Southeast Quarter (Eh SEk), a distance of Seven Hundred Ninety -Two and Twenty -Two Hundredths (792.22) feet to the point of beginning and containing 14.500 ages, more or less. The final installment payment of said Contract is due and payable of August 21, 1997. Five Points Bank of Grand Island, Nebraska, is acting as Escrow Agent pursuant to the terms of said Contract. Rasmussen, Seelleerr/ /y J,an.ice M. Thayer, Buyer j--" STATE of NEBRASKA ) ` ss. O0UN1'Y CF HALL )