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<br />200806503'
<br />
<br />Exhibit "B"
<br />Exceptions
<br />
<br />1 . Shortages in area.
<br />
<br />2. Standby fees, taxes, and assessments, a lien not yet due or payable for any taxing
<br />authority for the year 2008.
<br />
<br />3. Subject to the rights of the public and others thereto in and to the use of that portion of
<br />the property within the bounds of any roads or highways.
<br />
<br />4. Subject to the rights of the Railroad to the existing tracks running along the northern line
<br />of the property, as shown on the survey prepared by David J. Sherrill, LS-471, of
<br />International Land Services, Inc., Job # 05-11-026:001, dated January 24,2006.
<br />
<br />5. Subject to reservations, restrictions, conditions, exceptions and reservation of Fissionable
<br />materials and rights as shown in Quit Claim Deed executed by the United States of
<br />America acting by and through War Assets Administrator to The City of Grand Island,
<br />Nebraska dated October 13,1948 and filed December 17,1948 in Book 96, Page 197 in
<br />the office of the Register of Deeds of Hall County, Nebraska.
<br />
<br />6. Deed of Release executed by the United States of America, acting by and through the
<br />Administrator of the Federal Aviation Administration, successor in interest to the
<br />Administrator of the Civil Aeronautics Administration and the Administrator of the
<br />Federal aviation Agency (Section 1402(c) of the Federal Aviation Act of 1958), dated
<br />June 21, 1968, tiled July 3,1968 in Book 17, Page 574 in the office of the Register of
<br />Deeds of Hall County, Nebraska.
<br />
<br />7. Easement for Electric Lines executed by the City of Grand Island, Nebraska to the City of
<br />Grand Island Nebraska, Department of Utilities of Grand Island, Nebraska. Easement for
<br />Electric Lines filed March 30, 1970 in Book W -1, Page 245 in the office of the Register
<br />of Deeds of Hall County, Nebraska., and as noted as not plottable on the survey prepared
<br />by David J. Sherrill, LS-471, of International Land Services, Inc., Job # 05-11-026:001,
<br />dated January 24,2006.
<br />
<br />8. Subject to a perpetual easement as shown in Quitclaim Deed between the City of Grand
<br />Island, a municipal corporation in Hall County, Nebraska and the County of Hall, State of
<br />Nebraska, filed March 31, 1970 in Book 161, Page 291 in the office of the Register of
<br />Deeds of Hall County, Nebraska.
<br />
<br />9. Overhead power lines, power poles, pipe supports, fill nozzles, water valves, manholes,
<br />and building set back lines, all as shown on the survey prepared by David J. Sherrill, LS-
<br />471, ofInternational Land Services, Inc., Job # 05-11-026:001, dated January 24, 2006.
<br />
<br />10. Subject to easements, conditions and restrictions as shown in Quitclaim Deed between
<br />the United States of America, acting by and through the Administrator of General
<br />Services and the City of Grand Island, Nebraska, a municipal corporation filed on March
<br />
<br />815436.4:731256:01918
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