A parcel of land located in the south ½ of Section 4, Township 94 North, Ranger 28 West of the 5th P.M., Kossuth County, Iowa and being more particularly described as follows:

Beginning at the SE corner of the South ½ of said Section 4; thence along the South line of said South ½ on a previously recorded bearing of South 90°00’00” West, a distance of 2777.80 feet to the Northeasterly Right of Way line for Union Pacific Railroad; Thence along said Northeasterly Right of Way Line, North 42°58’25 West, a distance of 3574.23 feet to the West line of the South ½ of said Section 4; Thence along said West Line North 0°48’50 East a distance of 72.26 feet; Thence South 42°58’25 East, a distance of 2654.76 feet; Thence North 90°00’00 East, a distance of 3394.75 feet to the East line of the South ½ of said Section 4; Thence along said East line, South 0°40’36 East, a distance of 745.05 feet to the POB.

To that part of the Southwest Quarter (SW ¼) of Section Four (4) Township Ninety-four (94) North, Range Twenty-eight (28) West of the 5th P.M. Kossuth County Iowa, lying South and West of the Chicago & North Western Railway Right-of-Way, EXCEPT the following described tracts:

Beginning at a point 202.7 feet West of the intersection of centerline of the Chicago & North Western Railway with the centerline of the road running East and West between Section 4 and Section Nine (9), which point lies on the centerline of the aforesaid road; Thence Northwesterly parallel to and 150.0 feet Westerly of the centerline of the main track of the Chicago & North Western Railway, approximately 308.6 feet; Thence Northeasterly along a line at right angles to the last described line approximately 100 feet; Thence Northwesterly parallel to and 50 feet Westerly of the aforesaid centerline of the Chicago & North Western Railway, approximately 75.4 feet; Thence West parallel to the centerline of the aforesaid road a distance of approximately 338.4 feet; Thence South on a line at right angles to the centerline of the aforesaid road 350 feet to the centerline of the road; Thence East along the centerline of the aforesaid road approximately 525.3 feet to the place of beginning;

AND EXCEPT beginning on the South line of Section 4, 150 feet Southwesterly at right angles from the centerline of the main track of the Chicago & North Western Railway Co.; Thence East along the South line of said Section 4, 102.47 feet, more or less, to a point 75 feet Southwesterly at right angles from the Railway centerline; Thence Northwesterly parallel with the Railway centerline 275.19 feet; Thence North parallel with the East line of the SW ¼ of Section 4, 35.40 feet, more or less, to a point 50 feet distant Southwesterly at right angles from said Railway centerline; Thence Northwesterly parallel with said Railway centerline 80 feet, more or less; Thence Southwesterly at right angles to the Railway centerline 100 feet; Thence Southeasterly parallel with the Railway centerline 310.39 feet, more or less, to the POB;

That part of the Northeast Quarter of the Northwest Quarter (NE ¼ NW ¼) and the Northwest Quarter of the Northeast Quarter (NW ¼ NE ¼ ) of Section Nine (9) Township Ninety-four (94) North Range Twenty-eight (28), West of the 5th P.M., Kossuth County, Iowa, lying South and West of the Right-of-way of the Chicago & North Western Railway,

EXCEPT the following described tracts:

Commencing at a point in the center line of the Highway on the North line of said Section 9, which is 3040 feet West of the Northeast corner of said Section 9, said point being the West line of the Chicago & North Western Railway Right-of-way; Thence West along the center of the highway between said Sections 4 and 9, 190 feet; Thence South 183 feet; Thence East 360 feet to a point on the West line of the Chicago & North Western Railway Right-of-way; Thence Northwesterly along said Chicago & North Western Railway Right-of-Way 248 feet to the place of beginning.

AND EXCEPT a tract commencing at a point in the center of the highway on the North line of said Section 9, 3230 feet West of the Northeast corner of said Section 9; Thence West 100 feet; Thence South 339.5 feet; Thence East 440 feet; Thence North 156.5 feet; Thence West 340 feet; Thence North 183 feet to place of beginning.

AND EXCEPT a tract described as beginning at the point of intersection of the West line of the NE ¼ of said Section 9, with the Southwesterly line of the Right-of-way of Chicago & North Western Railway Co. which point of beginning lies South 0 degrees 16 minutes East a distance of 311.4 feet from the Northwest corner of the NE ¼ of said Section 9 and running from the point of beginning South 42 degrees 57 minutes East on the Southwesterly line of the Right-of-way of said Railway Company, a distance of 258.4 feet; Thence South 47 degrees 03 minutes West a distance of 100.0 feet; Thence North 42 degrees 57 minutes West a distance of 150.0 feet to the West line of the NE ¼ of said Section 9; Thence North 0 degrees 16 minutes West on the West line of the NE ¼ of said Section 9 a distance of 147.50 feet to the point of beginning.

AND EXCEPT the Southwesterly 91.5 feet of the station grounds of the Chicago & North Western Railway Co. located in the NE ¼ NW ¼ of said Section 9 more particularly described as follows: Beginning at a point 424.9 feet West of the North quarter corner of said Section 9; Thence East 125.0 feet; thence South 42 degrees 57 minutes East 440.6 feet parallel to the centerline of the main tract of said Railway Co.; thence South 0 degrees 03 minutes East 134.4 feet; Thence North 42 degrees 57 minutes West parallel to said centerline of tract 624.2 feet to the POB.