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EXHIBIT 1 <br />LEGAL DESCRIPTION <br />Parcel 1: That part of Lot 1 lying West of a line drawn parallel with and 395 f*et East of. <br />measured at right angles to. the East line of the West 1/2 of the Southwest Quarter of Section <br />26. Township 118. Range 23 and the same extended, and lying North of the North line of Lot <br />2 and its Easterly extension; that part of Lot 2 lying North of the Easterly extension of the <br />Northerly line of Tract A. Registered Land Survey No. 1379; all in "Auditor’s Subdivision <br />Number 291. Hennepin County. Minnesota", according to the plat thereof on file or of record <br />in the office of the Registrar of Titles in and for said County. <br />Parcel 2; That pan of Government Lot 1. Section 26, Township 118. Range 23 described as <br />follows; <br />Beginning at the Northwest corner of Lot 2, "Auditor’s Subdivision Number <br />291. Hennepin County. Minnesota ”, thence West along the extension of the <br />North line of said Lot 2 and along the South line of Lot 1. said Auditor’s <br />Subdivision, to the most Westerly line of Lot I, said Auditor’s Subdivision; <br />thence South along the extension of the most Westerly line of Lot 1. said <br />Auditor’s Subdivision, to the South line of said Section 26; thence East along <br />the South line of said Section 26 to its intersection with the West line of Lot 2, <br />said Auditor’s Subdivision; thence Nortli to the point of beginning; except that <br />portion thereof embraced in Registered Land Survey Nos. 934 and 1379; and <br />except the West 50 feet of that part of above described Government Lot 1 <br />lying North of the North line of Registered Land Survey No. 934; and except <br />that part of Government Lot 1 lying Southerly of the Easterly extension of the <br />Northerly line of Tract A. Registered Land Survey No. 1379. <br />Certificate of Title No. 601905 <br />Also: That part of Government Lot 1. Section 26. Township 118. Range 23. described as <br />follows: Beginning at the intersection of the Westerly extension of the North line of Lot 2, <br />"Auditor’s Subdivision No. 291, Hennepin County, Minnesota," with the East line of <br />Johnston’s Rearrangement of Albee’s Long Lake Addition; thence North along said East line <br />and along the East line of "Albee’s Long Lake Addition" and its extension to the Southerly <br />line of Douglas Estates; thence Easterly along said Southerly line to the Northerly extension <br />of the most Westerly line of Ldt 1. "Auditor’s Subdivision Number 291, Hennepin County, <br />Minnesota"; thence South along the last described extension and along the most Westerly line <br />of said Lot I to the Westerly extension of the North line of Lot 2. in said "Auditor’s <br />Subdivision Number 291. Hennepin County, Minnesota": thence Westerly to the point of <br />beginning, according to the Government Survey thereof. <br />Cenifr ite of Tide No. 608676 <br />(