Ownership Interest in Real Property

Sale of undivided 1/12th interest in a remainder interest (property is subject to a life estate in Seller's 86 and 89 year old parents), in approximately 107 acres of land, described as.
The North One Hundred six and two thirds acres (N. 106 2/3 A.) of the Southeast Quarter (SE1/4) of Section Ten (10), Township One Hundred Twenty-nine North (129) N., Range Sixty-one West (61) W. of the 5th Principal Meridian Dickey County, North Dakota. LESS a tract described as follows: A tract starting at the Southeast corner of the Southeast Quarter (SE1/4) of Section Ten (10) Township One Hundred Twenty-nine North (129) N, Range Sixty-one West (61) W going North along the east border of the Southeast Quarter, (SE1/4) 1716 feet to the Point of Beginning and then going West on a line parallel to the south border of the Southeast Quarter (SE1/4) a distance of 1256 feet; thence North 400 feet on a line parallel to the west border of the Southeast Quarter (SE1/4); thence East a distance of 670 feet on a line parallel to the north Border of the Southeast Quarter (SE1/4); thence South along a line parallel to the west border of the Southeast Quarter (SE1/4) 330 feet; thence East a distance of 586 feet along a line parallel to the south border of theSoutheast Quarter (SE1/4); thence South a distance of 70 feet along the east border of the Southeast Quarter (SE1/4) to the Point of Beginning. Said tract containing 11 acres more or less all in the Southeast Quarter (SE1/4) of Section Ten (10), Township One Hundred Twenty-nine North (129) N, Range Sixty-one West (61) W in the County of Dickey, State of North Dakota.