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<br />Twin City Federal Savings and <br />and Loan Association (U.S. Corp.) <br /> <br />Mortgagee <br /> <br />PARCEL NO.2: Fee title to a strip of land over, under, and across the <br /> <br />following described property: <br /> <br />That part of the north half of Section 8, Township 29 North, Range 23 <br />West of the fourth principal meridian, County of Ramsey, State of <br />Minnesota, described as follows: <br /> <br />Parcell. Commencing at a point on the north line of said <br />Section 8, 934 feet east of the northwest corner of the <br />Northeast Quarter of said section; thence south parallel <br />with the north and south center line of said section to the <br />northerly line of the right of way of the Northern Pacific <br />Railway; thence northeasterly along the right of way of <br />said railroad 267.3 feet; thence south along a straight line <br />1286.91 feet to the actual point of beginning of the parcel <br />to be described, said straight line if extended would <br />intersect the south line of the Northeast Quarter of said <br />section at a point therein distant 798.5 feet west of the <br />southwest corner of the east quarter of the Northeast <br />Quarter of said section; thence southwesterly deflecting <br />to the right an angle of 78 degrees, 39 minutes, a distance <br />of 1681.80 feet to a point on the easterly right of way line <br />of the St. Croix Falls, Minnesota Improvement Company, <br />Distant 599.38 feet northerly, measured along last said <br />right of way line, from the south line of the Northwest <br />Quarter of said section; thence southerly along last said <br />right of way line a distance of 599.38 feet to the south <br />line of the Northwest Quarter of said section; thence east <br />along the south line of the Northwest Quarter and the <br />south line of the Northeast Quarter of said section to a <br />point distant 798.5 feet west of the Southwest corner of <br />the East Quarter of the Northeast Quarter of said section; <br />thence north 886.25 feet to the actual point of beginning. <br />Except that part of the North Half of Section 8, Township <br />29 North, Range 23 West of the Fourth Principal Meridian, <br />more particularly described as follows: Commencing at a <br />point on the north line of said Section 8 a distance of 934 <br />feet east of the northwest corner of the Northeast <br />Quarter of said section; thence south parallel with the <br />North and South center line of said section to the <br />northerly right of way line of the Northern Pacific <br />Railway, thence northeasterly along the right of way of <br />said railway 267.3 feet; thence south along a straight line <br />1286.91 feet, said straight line if extended would intersect <br />the south line of the Northeast Quarter of said section at <br />a point which is 798.5 feet west of the southwest corner <br />of the East Quarter of the Northeast Quarter of said <br /> <br />-3- <br />