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~oioo3si5 NORTH LINE, A DISTANCE OF 197:89 FEET TO THE POINT OF BEGINNING, CONTAINING 27D.51 ACRES, MORE OR LESS. PARCEL "B" A PARCEL OF LAND LOCATED IN GOVERNMENT LOT 2 IN SECTION 6 AND A PART OF SECTION 5, BOTH IN TOWNSHIP 11 NORTH, RANGE 9 WEST OF THE SIXTH P.M., HALL COUNTY, NEBRASKA, BEING DESCRIBED AS FOLLOWS: REFERRING TQ THE SOUTHEAST CORNER OF THE SOUTHEAST QUARTER OF SECTION 5; TWENCE N$9°03'58"W (ASSUMED BEARING) ON THE SOUTH LINE OF SAID SOUTHEAST QUARTER, A DISTANCE OF 1239.$0 FEET TO THE SOUTHWEST CORNER OF A PARCEL OF LAND DESCRIBED AND RECORDED IN DEED BOOK 159, PAGE 133; THENCE N00°16'34"E ON THE WEST LINE OF SAID PARCEL, A DISTANCE OF 33.00 FEET TO THE NORTH RIGHT OF WAY LINE OF CAPITAL AVENUE AND THE POINT OF BEGINNING; THENCE N89°03'58"W ON SAID NORTH RIGHT OF WAY LINE, A DISTANCE OF 1405.40 FEET TO TWE EAST LINE OF TWE SOUTHWEST QUARTER OF SAID SECTION 5; THENCE N89°42'04"W, CONTINUING ON SAID NORTH RIGHT OF WAY LINE, A DISTANCE OF 2626.04 FEET TO THE WEST LINE OF SAID SOUTHWEST QUARTER; TWENCE N$9°35'46"W, CONTINUING ON SAID NORTH RIGHT OF WAY LINE, A DISTANCE OF 1$6.55 FEET TO THE EAST RIGHT OF WAY LINE OF WEBS ROAD; THENCE N00°27'35"W ON SAID EAST RIGHT OF WAY LINE, A DISTANCE OF 2259.63 FEET TO THE SOUTHERLY RIGHT OF WAY LINE OF OLD NEBRASKA HIGHWAY 2; THENCE 573°54'20"E ON SAID SOUTHERLY RIGHT OF WAY LINE, A DISTANCE OF 4414.07 FEET TO THE NORTHWEST CORNER OF SAID PARCEL DESCRIBED IN DEED BOOK 159, PAGE 133; THENCE S00°16'34"W ON THE WEST LINE OF SAID PARCEL, A DISTANCE OF 1073.80 FEET TO THE POINT OF BEGINNING, CONTAINING 161.24 ACRES, MORE OR LESS. The above-described Property contains approximately 324.91 acres, more or less, of tillable ground, both irrigated and dryland. See Exhibit A -Survey of GIVH fprm land, used to determine the number of tillable acres. 2. Terms. 2.1 Term. This Lease shall commence on April 1, 20].0, hereinafter "Commencement Date," and shall terminate on December 1, 2012, hereinafter "Expiration Date," hereinafter, collectively hereinafter, the "Term." This Lease shall not continue in effect from year to year thereafter and will expire on the date stated above without further notice. 2.2 Amendments. Amendments and alterations to this Lease shall be in writing and shall be signed by both the Lessor and Lessee. 2.3 No Partnership Intended. It is particularly understood and agreed that this Lease shall not be deemed to be nor intended to give rise to a partnership relation. 2.4 Transfer of Property. If the Lessor should sell or otherwise transfer title during the term of this Lease, it will do so subject to the provisions of this Lease. 2.5 Right of Entry. The Lessor reserves the right for Lessor's employees or contractors to enter the Property at any reasonable time to consult with the Lessee, make repairs, improvements, and DB 23 Farm Lease Page 2 of 9 GIVH 324.91 ac tract Originals (2) printed on watermarked bond