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<br />I <br /> <br />84- 002740 <br /> <br />CORPORATION WARRANTY DEED <br /> <br />NORTHWEST DEVELOPMENT COMPA~~, a Corporation organized and <br /> <br />existing under the laws of Nebraska, GRANTOR, in consideration of <br /> <br />the exchange of and cancellation of Grantee's stock in the Grantor <br /> <br />Corporation, conveys to AAGE E. NELDEBERG, GRANTEE, the following <br /> <br />described real estate (as defined in Neb. Rev. Stat. 76-20l}: <br /> <br />~~ undivided one-fourth (1/4) interest in and to: <br /> <br />Northwest Quarter (NW~) in Section Twelve (12) in <br />Township Eleven (11) North, Range Ten (10), West <br />of the 6th P.M, in Hall County, Nebraska, except <br />two tracts of real estate hereafter described as <br />follows, and further excluding Northwest Subdivi- <br />sion: <br /> <br />TRACT ONE <br /> <br />Beginning at the Southwest corner of the North- <br />west Quarter (~~\) of Section Twelve (12) in <br />Township Eleven (11) North, Range Ten (10) West <br />of the 6th P.M., in Hall County, Nebraska, thence <br />running northerly along the west line of said <br />:<ortbwest Quarter (NV,\) a distance :Jf 825.0 feet. <br />thence runnl.ng easterly and parallel to the south <br />line of said Northwest Quarter (NW~) a distance <br />of 300.0 feet; thence running southerly and paral- <br />lel to the west line of said Northwest Quarter <br />(NW~) a distance of 825.0 feet to a point on the <br />south line of said Northwest Quarter; thence <br />running westerly along and upon the south line <br />of said Northwest Quarter (NW~) a distance of <br />300.0 feet to the point of beginning, and <br /> <br />TRACT TWO <br /> <br />Beginning at a pOInt on the west line of the <br />Northwest Quarter (N!";") of Section Twelve (12) <br />in Township Eleven (ll) North, Range Ten (10), <br />West of the 6th P.M., in Hall County, NebraSka, <br />said point being 875.0 feet north of the South- <br />west corner of said Northwest Quarter (NW~);. <br />thence running northerly along the west line of <br />said Northwest Quarter (NW\) a distance of 145.0 <br />feet; thence running easterly and parallel to <br />the south line of said Northwest Quarter (NW~) <br />a distance of 300.0 feet; thence running <br />southerly and parallel to the west line of said <br />Northwest Quarter (NW~) a distance of 145.0 feet; <br />thence running ,,,esterly and parallel to the south <br />line of said Northwest Quarter (mv~) a distance <br />of 300.0 feet to the point of beginning. <br /> <br />GPA'l'fOR covenants wi th GRANTEE tha t GRANTOR is 18Wfully <br /> <br />seized of such real estate and that it is free from encumbrances, <br /> <br />except 1983 real estate taxes; has legal power and lawful authority <br /> <br />to convey th,e same; and warrants and wi 11 defend title to the real <br /> <br />estate against the lawful claims of all persons. <br />