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r <br />i <br />f <br />f <br />e <br />11 <br />I <br />gg.-ft" 100182 <br />10. Buyer acknowledges that Buyer has inspected the premises and accepts <br />the same in its present condition. Buyer acknowledges that Seller <br />agents or employees have made no representation to the Buyer as to the <br />condition of the premises. <br />11. Risk of loss to the premises shall be upon Seller until the time of <br />Closing. After Closing, risk of loss shall be upon Buyer, and Buyer <br />shall insure the premises against casualty loss for the responsible <br />value of the premises. <br />12. Upon Closing, Seller agrees to convey the premises to Buyer by Special <br />Warranty Deed, free and clear of all liens, taxes, and encumbrances <br />except eas-enients and restrictions of record; provided that* said Deed <br />shall convey to-Buyer as estate in fee simple determinable, and in the <br />event of b each of any of covenants contained in this.Agreement, the <br />possibility of reverter shall vest in the Seller herein, the City of <br />Grand Island, Nebraska. <br />13. Time is of the essence of this Agreement. All covenants and <br />conditions,: contained herein shall be binding upon and insure personal <br />representativ es, successors and assigns. <br />Dated: IV-3 D <br />BUYER: <br />j- Kenneth A.. Jackson <br />SELLER; <br />THE CITY OF GRAND ISLAND, , .NEBRA9kA <br />A Municipal Corporation.. <br />vtava. Wv.v.v j ••� - <br />