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EXHIBIT B <br /> Permitted Encumbrances <br /> (1)Access Easement <br /> PROPOSED ACCESS EASEMENT DESCRIPTION: <br /> A 20.00 foot wide permanent easement for access purposes over and <br /> across that part of the Southwest Quarter of the Northwest Quarter and <br /> the Northwest Quarter of the Southwest_Quarter of Section 35, Township 33, <br /> Range 26, Sherburne Court), Minn soda, the centerline of said easement is <br /> described as follows: . <br /> Commencing at thesou hwest corner of said Southwest Quarter of <br /> the Northwest Quarter, th. tce an on,'assumed bearing of South 89 degrees, <br /> 59 minutes 37 seconds East, along the south line of said Southwest Quarter <br /> of the Northwest Quarter,'a distance of 530.00 feet; thence South 00 <br /> degrees 00 minutes 23 seconds West, a distance of 25.00 feet; thence <br /> South 89 degrees 59 minutes 37 seconds East, a distance of 10,00 feet to <br /> the point of beginning of the centerline of said 20.00 foot easement; <br /> thence South 00 degrees 00 minutes 23 seconds West, a distance of <br /> 22.00 feet; thence South 66 degrees 00 minutes 00 seconds West, <br /> o distance of 69.00 feet; thence South 90 degrees 00 minutes <br /> 00 seconds West, a distance of 240.00 feet; thence North 45 degrees <br /> 00 minutes 00 seconds West, a distance of 145.69 feet more or <br /> less to the centerline of County State Aid Highway No. 13 and said <br /> centerline of said 20.00 foot easement there terminating. <br /> The end limits of said easement shall terminate at o line which bears <br /> North 00 degrees 00 minutes 00 seconds West and South 00 degrees 00 <br /> minutes 23 seconds East from the point of beginning and at said centerline <br /> of CSAH No. 13. <br /> (2) Lease <br /> PROPOSED LEASE TRACT DESCRIPTION: <br /> That port of the Southwest Quarter of the Northwest Quarter and the Northwest Quarter <br /> of the Southwest Quarter of Section 35, Township 33. Range 26, Sherburne County, <br /> Minnesota, described as follows: <br /> Commencing at the southwest corner of said Southwest Quarter of the Northwest <br /> Quarter; thence on an assumed bearing of South 89 degrees. 59 minutes 37 seconds <br /> East along the south line of sold Southwest Quarter of the Northwest Quarter, a distance <br /> of 530.00 feet to the point of beginning; thence North 00 degrees 00 minutes 23 seconds <br /> East, a distance of 25.00 feet; thence South 89 degrees 59 minutes 37 seconds East, a <br /> distance of 50.00 feet; thence South 00 degrees 00 minutes 23 seconds West. a distance <br /> of 50.00 feet; thence North 89 degrees 59 minutes 37 seconds West, a distance of 50.00 <br /> feet; thence North 00 degrees 00 minutes 23 seconds East, a distance of 25.00 feet to <br /> the point of beginning. <br /> B-2 <br /> 477384v3 EL185-40 <br />