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Parcel 1. The South 32 Acres of the Southwest 1/4 Northwest 1/4 of Section 4, Township 29, Range 23 Except the West 920 feet thereof and except, That part of the Southwest 1/4 of the Northwest 1/4 of Section 4, Township 29, Range 23 in Ramsey County, Minnesota described as follows: Beginning at the Southeast corner of said Southwest 1/4 of the Northwest 1/4; thence West (assumed bearing) on the South line of said Southwest 1/4 of the Northwest 1/4 a distance of 339.44 feet; thence North 36 degrees 30 minutes East a distance of 302 feet; thence North 14 degrees 00 minutes East a distance of 187 feet; thence North 7 degrees 00 minutes East a distance of 200.43 feet; thence North 43 degrees 00 minutes East and to the East line of said Southwest 1/4 of the Northwest 1/4 thence Southerly on said East line to the point of beginning. �v The TITLE INSURANCE COMP that it has searched the the of f ice of the County in and for the County of appears from such search addresses of the propert, property are as follows: ANY OF MINNESOTA, does hereby certify records in the Real Estate Division in Recorder and/or Registrar of Titles, Ramsey and State of Minnesota, and it that the last apparent owner or owners and within a radius of 350 feet of the above The W. 920 ft. of the S. 32 acres of the SW 1/4 of the NW 1/4 of Sec. 4, T. 29, R. 23, except the following 5 parcels: 1. The W. 450 ft. of the S. 700 ft. thereof. 2. The N. 100 ft. of the S. 800 ft. of the W. 88 ft. thereof. 3. The N. 20 ft. of the E. 150.5 ft. of the W. 200 ft. thereof. 4. The N. 34.29 ft. of the W. 209.29 ft. of the E. 470 ft., excepting therefrom a triangle at the SE corner measuring 34.29 ft. on the E. line and 34.29 ft. on the S. line thereof. 5. That part lying within the N. 8 acres of the SW 1/4 of the NW 1/4 of said Sec. 4. Apparent Record Owners: Peerco Partners I Limited Partnership Address: 11200 West 78th Street c/o Welsh Ccmpanies, Inc. Eden Prairie, MN. 55344 Parcel 2. The N. 34.29 ft. of the W. 209.29 ft., except a triangle at the SE corner measuring 34.29 ft. on the E. line and 34.29 ft. on the S. line, AND The N. 20 ft. of the E. 150.5 ft. of the W. 200 ft., AND The N. 34.29 ft. of the E. 250 ft., AND That part of the following described property, lying S. of a line parallel to, and 372.36 ft. N., of the S. line of the N. 1/2, of the NW 1/4 of Sec. 4, T. 29, R. 23: The E. 250 ft. of the N. 400 ft. of that part of the NE 1/4 of the NW 1/4 of Sec. 4, T. 29, R. 23, lying W. of land platted as Lake Johanna Homes; Also, except the N. 400 ft., that part of the N. 1/2 of the NW 1/4 of Sec. 4 lying W. of said Lake Johanna Homes and E. of a line extending from a point on the S. line 1101.57 ft. from the SW corner to a point on the N. line 1102.68 ft. from the NW corner of said N. 1/2 of the NW 1/4 of Sec. 4, T. 29, R. 23, AND (OVER)