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84~ 005195 and when Grantee, its successors or assigns, builds the lead railroad track contemplated by this easement Grantee, its successors or assigns, shall make payment to the then record owner of the real estate underlying the easement area for an &~ount equal to the lesser of (i) the cost to'Gr~~tor of running its industrial track from its southerly property line northerly to the point where the railroad track switch will be installed to connect the contemplated lead railroad. track to the Burlington Northern Railroad pluscompourid interest on that cost at twelve' percent (12%) per annum from, the time the cost is incurred until the amount is paid or (ii) the then replacement cost of that portion oftherailroaa' track to be paid for initially by Grantor which will become lead track for the joint use by Grantor andothers~ Dated this .:J.gELday of September, 1984. Before me, a 1il;tnry P\lbLi(Yqualified in said Count v , personally came j~' ;_/~>,,\c:, "~,,"',..-_.-. , a general partner of Millard Wareho'Use', Gra'nd Island, known to me to be the general partner and identical person who signed the foregoing instrument, and acknowledged the execution thereof to be his voluntary act and deed as such partner and the voluntary act and deed of said partnership. Witness my hand and Notarial Seal on 1964. By GRAND ISLAND. INDUSTRIAL FOub$:1i!,I:ION., A Nebraska Corporation '" -'-', '-'-' .& ,,""'.'.:::,.:': By ~~<(!r;:t~~~~-il#);.{' ltenneth' E. H 'lhga$i ..:..'............:,U;"c:'i:< Vice-President ..... . ~:..,.;-..':c.'.~.;;/;: STATE OF NEBRASKA ) (55: COUNTY OF H~~L ) Before me, a Notary Public qualified in saidCounty~ personally came Kenneth E. Hilliga5, Vice-Presid.ent ofG~an4, Island Industrial Foundation, a corporation, knownto;me"to be the Vice-President and identical"person wno signed. the foregoing instrument, and acknowledged the execution thereof to be his voluntary act and deed as such o+zrr.cer d the voluntary act and deed or said corporation. ~ c-"! Witness my hand and Notarial Seal ont. ~~ 1984. ~/ -.:o'r~"'" / '/ /1 c ~ ......&p.... U.1_ , Lv~ <- ?I/l Notary1Public STATE OF NEBRASKA ) (S5: COu~TY OF HALL ) ~:r'f"~ 'i~41f.~l ,_;:,J~-:'~;;::,:.c ~""',..~. ~ >~",",.'. ,~"_:'"{ I .A "If'U-l \'~~ .~'1 L~: ~~~-~,-.~.': '-: '- ( Notary PubllC __J -2-