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<br />PARTIAL RELEASE OF ASSIGNMENT OF LEASES AND RENTS
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<br />Welis Fargo Bank, National Association, in consideration vf Qne and 00/100ths Dollars ($1.00), and for
<br />other goad and valuable consideration, receipt of which is hereby acknowledged, does hereby release the
<br />real property herein described below from that certain Assignment of Leases and Rents dated October 21,
<br />200$, executed by Grand Island Area Economic Development Corporation, as Assignor, to Wells Fargo
<br />�3ank, National Association, as Assignee, and filed in the Office of the Register of Deeds for Hall County,
<br />State of Nebraska on October 24, 2008 as Instrument No. 020080898$. Said property to be released
<br />described as follows:
<br />A tract of land coinprising a part of the Northwest Quarter (NW'/a), and a part of the Southwest Quarter
<br />(SW'/o) of Section Thirteen (13), Tow��ship Elevea� (11) North, Range Eleven (11) West ofthe 6th P.M.,
<br />and all of the Northeast Quarter (NE'/4), all of the Southeast Quarter (SE'/a), a part of the Northwest
<br />Quarter (NW'/a), and a part of the Southwest Quarter (SW'/4) of Section Fourteen (14), Township Eleven
<br />(11) North, Range Eleven (1 I) West oF the 6th P.M., all being in Hall County, Nebraska, and rnore
<br />particularly described as follows:
<br />Beginnin� at the southeast corner of the Southeast Quarter (SE'/4) of said Section Fourteen (14); thence
<br />running t�artherly along and upan the east line of the Soutl�east Quarter (SE'/4) of said Section Fourteen
<br />(14), a distance of Five l�lundred Forty and Thirty One Hundredths (540.31) feet to a point, said point being
<br />Forty (40.0) feet north of (ineasured perpendicular to) the westerly prolongation of the centerline of the
<br />tangent portion of the east—west railroad spur track; thence deflecting right 89°47'03" and running
<br />easterly, Forty (40.0) feet north af (measured perpendicular to) the westerly prolongation of the centerline
<br />of the tangent portion of said east—west railroad spur track, and Forty (40.0) feet north of
<br />(measured perpendicular to) the centerline of the tangent porcion of said east-----west railroad spur
<br />track, a distance of One Thousand One Hundred Nii�ety Seven and Sixty Three Hundredths (1,197.63) feet
<br />to a point on the centerline of a 86' wide drainage easement; thence deflecting left 89°49'20" and
<br />runnii�g northerly, along and upon the centerline of said drainage easement, a distance af F�ur Thousand
<br />Seven Hundred Forty Four and Fight Hundredths (4,744.08) feet to a point on the north line of the
<br />Northwest Quarter of said Section Thirteei� (13), said point being One Thousand Four Hundred Fifty Six
<br />and Thirty Six Hundredths (1,456.36) feet west of the northeast corner of the Northwest Quarter (NWYa)
<br />of said Section Thirteen (13); thence deflecting left 89°43'19" and running westerly, along and upon the
<br />north line of the Northwest QuaRer (NW'/a) of said Sectian Thirteen (13), a distance of One Thousand
<br />One Hundred Ninety Five (1,195.0) feet to the northeast corner of the Northeast Quarter (NE'/4) of said
<br />Section Fourteen (14); thence deflecting left 00°38'22" and running westerly, along and upon the narth
<br />line of the Northeast Quarter (NE'/a) of said Section Fourteen (1�), a distance of Two Thousand Six Hundred
<br />Fifly One and Forty Eight Hundredths (2,651.48) feet to the northeast corner of the Northwest Quarter
<br />(N W'/4) of said Section �ourteen (14); thence deflecting right 00°00'47" and running westerly,
<br />alon� and upon the north line of the Northwest Quarter (N W'/a) of said Section Fourteen (14), a distance
<br />of 'I'hree F-Iundred Sixty Two and Seventy Five Hundredths (362.75) feet to the centerline of a
<br />county road; thence deflecting left 89°35'23" and running southerly, along and upon the centerline of
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