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<br />AFFIDAVIT
<br />5TATE OF NEBRA5KA)
<br />COUNTY OF HALL )SS:
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<br />HAL A. SCHAGER, being first duly sworn on oath, deposes and says:
<br />I am an Abstracter and Title Insurance Agent for Grand Island Abstract, Escrow & Title
<br />Co. Licensed in the State Nebraska and have searched the records in the Register of
<br />Deeds Office in Hall County, Nebraska and sYate as follows:
<br />l.On December 29, 2010, Grand Island Area Economic Development Corporation, a
<br />Nebraska non-profit corporation conveyed Title to Panowicz Land Company, LLC
<br />by Corporation Warranty Deed filed December 30, 2010 in the Register of Deeds
<br />Office as Document No. 201009848. T'he Properiy was described as follows:
<br />A tract of land comprising a part of the Northwest Quarter (NWI/4), and a part of the 5outhwest
<br />Quarter (SWl/4) of Section Thirteen (13), Township Eleven (11) North, Range Eleven (11) West
<br />of the 6th P.M., and all of the Northeast Quarter (NE1/4), all of the Southeast Quarter (SE1/4), a
<br />part of the Northwest Quarter (NWl/4), and a part of the Southwest Quarter (SW1/4) of Section
<br />Fourteen (14), Township Eleven (11) North, Range Eleven (11) West of the 6th P.M., all being in
<br />Hall County, Nebraska, and more particularly described as follows: Beginning at the Southeast
<br />corner of the Southeast Quarter (SEl/4) of said Section Fourteen (14); thence running northerly,
<br />along and upon the east line of the Southeast Quarter (SE1/4) of said Section Fourteen (14), a
<br />distance of Five Hundred Forty and Thirty One Hundredths (540.31) feet to a point, said point
<br />being Forty (40.0) feet north of (measured perpendicular to) the westerly prolongation of the
<br />centerline of the tangent portion of the east-west railroad spur track; thence deflecting right 89°
<br />47' 03" and running easterly, Forty (40.0) feet north of (measnred perpendicular to) the westerly
<br />prolongation of the centerline of the tangent portion of said east-west railroad spur track, and
<br />Forty (40.0) feet north of (measured perpendicular to) the centerline of the tangent portion of
<br />said east-west railroad spnz track, a distance of One Thousand One Hundred Ninety Seven and
<br />Sisty Three Hundredths (1,197.63) feet to a point on the centerline of a 86' wide drainage
<br />easement; thence deflecting left 89° 49' 20' and running northerly, along and npon the centerline
<br />of said drainage easement, a distance of Four Thousand Seven Hundred Forty Four and Eight
<br />Hundredths (4,744.08) feet to a point on the north line of the Northwest Quarter of said Section
<br />Thirteen (13), said point being One Thousand Four Hundred Fifty Sig and Thirty Six
<br />Hundredths (1,456.36) feef west of the northeast corner of the Northwest Quarter (NWl/4) of
<br />said Section Thirteen (13); thence deflecting left 89° 43' 19" and running westerly, along and
<br />upon the north line of the Northwest Quarter (NWl/4) of said Section Thirteen (13), a distance of
<br />One Thousand One Hundred Ninety Five (1,195.0) feet to the northeast corner of the Northeast
<br />Quarter (NE1/4) of said Section Fourteen (14); thence deflecting left 00° 38' 22" aud running
<br />westerly, along and upon the north line of the Northeast Quarter (NEl/4) of said Section
<br />Fourteen (14), a distance of Two Thousand Six Hundred Fifty One and Forty Eight Hundredths
<br />(2,651.48) feet to the northeast corner of the Northwest Quarter (NWl/4) of said Section
<br />Fourteen (14); thence deflecting right 00° 00' 47" and running westerIy, along and upon the
<br />north line of the Northwest Quarter (NWl/4) of said 5ection Fourteen (14), a distance of Three
<br />Hundred Sixty Two and Seventy Five Hundredths (362.75) feet to the centerline of a county
<br />road; thence deflecting left 89° 35' 23" and running southerly, along and upon the centerline of
<br />said county road, a distance of Five Thousand Two Hundred Eighty Three and Sigty One
<br />Hundredths (5,283.61) feet to a point on the south line of the Southwest Quarter (SWl/4) of said
<br />Section Fourteen (14); thence deflecting left 90° 21' 26" and running easterly, along and upon the
<br />south line of said Southwesf Quarter (SWl/4), a distance of Three Hundred Sizty Four and
<br />Sixteen (364.I� feet to the southwest corner of the Southeast Quarter
<br />(SEl/4) of said Section Fourteen (14); thence deflecYing left 00° OS' S8" and running easterly,
<br />along and upon the south line of the Southeast Quarter (SEl/4) of said Section Fourteen (14), a
<br />distance of Two Thousand Siz Hundred Fifty Two and Seventy Four Hundredths (2,652.74) feet
<br />to the point of beginning
<br />2. On December 29, 2010, Panowicz Land Company, LLC executed a Deed of Trust
<br />to Exchange Bank by Deed of Trust filed December 30, 2010 in the Register of Deeds Office
<br />as Document No. 201009850. The properiy was described as follows: A tract of land
<br />comprising a part of the Northwest Quarter (NWl/4), and a part of the Sonthwest Quarter
<br />(SWl/4) of Section Thirteen (13), Township Eleven (11) North, Range Eleven (11) West of the
<br />6th P.M., and all of the Northeast Quarter (NE1/4), all of the 5ontheast Quarter (SEl/4), a part
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