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20100454 Legal Description: The Southeast 1!4 of the Nortk~east 114, the Northeast 114 of the Sou#heest 1/4, the Went 112 of the Southeast 1/4 and the East 13113 acres of the Southeast 114 of the Southeast 114 of Section 32, TQwnshp 11 North, Range 8 West of the 0th P.M., Hal! Cc-unty, Nebraska, EXGEPT: That partlon In Report of Appraisers filed December 13, ZD00 as Inst. No. 200010803 described as: A tract of land Iwrated in Section 33, township 11 North, Range 91Nest of the 0th P.M., Ball County, Nebraska, and more particularly described as foilaws: Commencing at the Northeast Corner of the Southeast 114 of said Section 33, said point also being the point of beginning; thence on an assumed bearing of S DD°D1"18" W along the East line of said 5outheaat 1!4 a distance of 586,09 feet' Chance S 89°18'37" W a distance of 40.OD feet; thence N 00°01'18" E pn a line parallel tv the east line of said Southeast 7!4 a distance of 210.02 feet; thence 3 a!9°18'37" W a distance of $.OD feet; thence N OD°p1'18" E on a nna parallel to the East line of said Southeast l4 a distance of 135.01 feet; thence N 11 °D8'S~i° W a distance of 107.52 feet; thence S 89'18'37" W a distance of 344.67 fee; thence 5 B2°01''13" W a distance of 787.04 feat; thence S 89°56'37" W a distance of 7534.74 feet to a point t-n the Easterly railroad ~Ight of we~y line; thence N D1"03'06" W along said Easterly right of way line a distance of 395,02 feet; thence S 89°51'10" E a distance of x31.53 feet; thence N 89'18'37" E a distance of 896.74 feet to the point of beginning, of which 0.44 acres is existing county road right of way, and FJ(CEPT: That portion sold in Warranty Deed flied June 2, 2004 as Inst. No. 200400, and EXCEPT: That portlan sold in Quit Claim Deed filed January 76, 2004, as Inst. No. 20040049D. EXHIBIT "B"