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EXHIBIT 1 <br />A parcel of land in the Southeast Quarter of the Northeast <br />Quarter of Section 32, Township 38 North, Range 3 East, <br />beginning at a point 231 feet East of the Southwest corner of <br />said Southeast Quarter of the Northeast Quarter of Section 32 ;- <br />thence North 000 42' 19" East, 1321.3 feet to a point on the <br />North line of s'aid•quarter— quarter; thence North 890 58' 00" <br />East along said north line, 837.53 feet; thence South 000 15' <br />41" West, 1321.70 feet to a point on the south line of said <br />quarter— quarter; thence South 900 00' 00" West along said south <br />line, 847.76 feet to the place of beginning. <br />EXCEPTING THEREFROM THE FOLLOWING <br />A parcel of land in the Southeast Quarter of the Northeast <br />Quarter of Section 32, Township 38 North, Range 3 East, <br />beginning at a point 413.5 feet East and 810 feet north of the <br />Southwest corner of said Southeast Quarter of the Northeast <br />Quarter of Section 32; thence North 000 42' 19" East, parallel <br />with the west line of said quarter — quarter, 245.16 feet; thence <br />South 891 17' 41" East, 205.16 feet; thence South 000 42' 19" <br />West, 245.16 feet; thence North 890 17' 41" West, 205.16 feet <br />to the place of beginning. <br />Subject to the legal rights of a public highway and any <br />easements, covenants, or restrictions of record. <br />