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<br />WARRANTY DEED O 
<br />JEROME W. NIEDFELT and DORALENE F. NIEDFELT, husband and wife, 
<br />GRANTORS, for and in consideration of ONE HUNDRED FOURTEEN THOUSAND TWO 
<br />HUNDRED FOUR AND 551100 DOLLARS ($114,204.55) received from GRANTEE, 
<br />EQUESTRIAN MEADOWS, L.L.C., a Nebraska limited liability company, convey unto 
<br />GRANTEE the following- described real estate (as defined in Neb. Rev. Stat. § 76 -201) situated 
<br />in Hall County, Nebraska: 
<br />A tract of land located in the Northwest Quarter of the Northwest Quarter 
<br />(NW' /4NW' /4) of Section Twenty -Seven (27), in Township Eleven (11) North, 
<br />Range Nine (9) West of the Sixth P.M., Hall County, Nebraska, more particularly 
<br />described as follows: Commencing at the northwest section corner of said 
<br />Section 27, thence easterly on the section line, 133.0 feet to a point; thence 
<br />southerly, parallel to the west section line 33.0 feet to the point of beginning; 
<br />thence southerly, parallel to the west section line, 116.0 feet; thence easterly, 
<br />parallel to north section line, 102.0 feet; thence northerly, parallel to the west 
<br />section line, 116.0 feet; thence westerly, parallel to the north section line, 102.0 
<br />feet to the point of beginning; and 
<br />A tract of land located in the Northwest Quarter of the Northwest Quarter 
<br />(NW' /4NW' /4) of Section Twenty -Seven (27), in Township Eleven (11) North, 
<br />Range Nine (9) West of the Sixth P.M., Hall County, Nebraska, more particularly 
<br />described as follows: Commencing at the northwest section corner of said 
<br />Section 27; thence easterly on the section line, 462.0 feet to a point; thence 
<br />southerly parallel to the west section line, 33.0 feet to the point of beginning, 
<br />thence westerly parallel to the north section line, 227.0 feet to a rein -bar; thence 
<br />southerly, parallel to the west section line, 116.0 feet to a rein -bar; thence 
<br />westerly, parallel to the north section line 102.0 feet to a rein -bar; thence 
<br />northerly, parallel to the west section line 16.0 feet to a rein -bar; thence westerly, 
<br />parallel to the north section line, 100.0 feet to an iron pipe; thence southerly, 
<br />parallel to the west section line, 40.0 feet to an iron pipe; thence easterly, parallel 
<br />to the north section line, 334.8 feet to a rein -bar; thence southerly, parallel to the 
<br />west section line, 91.0 feet to a rein -bar; thence easterly, parallel to the north 
<br />section line, 94.2 feet to an iron pipe; thence northerly, parallel to the west 
<br />section line, 231.0 feet to the point of beginning, EXCEPTING a certain tract to 
<br />The State of Nebraska more particularly described in Deed recorded in Book 146, 
<br />Page 1 and EXCEPTING a certain tract to The City of Grand Island more 
<br />particularly described in Deed recorded as Document No. 200007335. 
<br />GRANTORS covenant (jointly and severally, if more than one) with GRANTEE that 
<br />GRANTORS: 
<br />(1) are lawfully seized of such real estate and that it is free from encumbrances; 
<br />(2) have legal power and lawful authority to convey the same; and 
<br />(3) warrant and will defend title to the real estate against the lawful claims of all 
<br />persons. 
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