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<br /> � �` 7. Buy�r shall be •ntitled tia possessian of the pr��ises upon
<br /> '��•._�':° �w.�,���'� Closfnq of this txansaction. The Closinq shali b� on or
<br /> �e� T � befcra iS0 days after the date o� this Agree�ont, pzovi�ed
<br /> ��' .�I�i.N�r,,.,...,,3:::. :
<br /> T•----- �het the contingencie� stated in A5 hava been s�tisf ied by ---�--_ -�
<br /> ` `' � � the B�yer. The exact ti�ae and pl�c� of Cicslnq ahall b�
<br /> ' � ...
<br /> ���` �'��� n�qoti�tad bstveen tbe paztiea.
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<br /> -"�-��-� ��T � � 8. Th� partiea aqzee that the 9eller r�hall provide, The Pal icy
<br />--��ti�•=�-•��;ss � of Title Insurance dated March 29, 1990 (10:25 J1.M. ), issued —
<br /> ��' � ' .. at the time the City purchased the property, and showing the ���. . _.
<br /> �_"_ . ; �._
<br /> �_��L . , , � ' pseniaea to be fsee and c2ear af all 2f�ens and encumbrances ��'����' .�
<br />_ 6"i ...�' �xcept eas�m�nts and reatrfctions of recard,
<br /> =���,s-'. . ��.
<br /> � a - 9. Seller agrees to pay the real estate taxes fot 2990. --- --
<br /> �'--'"�'��y (Cloeing to be �gter January 1, 1991) . All of the 1991 and
<br /> -LL��� � •� , ,..
<br />_ _ subsequeat year's taxea st►�il be paid by the Buyer. �.;�:��';,
<br /> , o�. � ,,. -
<br /> �1t�� ��,a� f `.•-
<br /> :�� `*f"� �� 10. Bu er acknowled ea that 9u er has i�s ected the � �°�'� -
<br /> ;� ,., y g y p pxe�nises and
<br /> �,� •. �� .� accepts the sat�e in itg present condi�ion. Huyer _
<br /> �r: "'•` acknowleclges that Sellez agents or emplayeos have wade �o _—
<br /> " �'�8'"? '" zepresentation to the Buyer as to the condition of the �`�--
<br /> -;.;,� ���• .�r;� prealses.
<br /> ;:.,Y . „`±,'.i . ;.`. �':�. a:�Jd'.�;_.
<br /> �`'j. '�^""'`'" 11. Risk nf loss to the remiaes aball be u on �eller until the �'���..
<br /> �. .- '
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<br />..�,;:,:,. ; `;�k� ' �•' , . time of Closing. After Closing, risk of loss shall. be upon —
<br /> �'���,��� ,:'�:� Buyer, and Huyer shall ir�ure th�e premises against casualtcy "°""""'�'°"�'
<br /> �,,f:.
<br /> �'' �""''�`�'°'�Y,- ��' loss for the res onsible value of the remises.
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<br /> - — - t-.`� q<Rejr�71"7x'f^.-
<br /> '� ./S {i��4�Slirttii�l'`�1;.��.i�:f':F� .._ .__.
<br /> , :,,�:,,,�-, _., ,3�.����.;, 12. Upon Closing, Se�.Zer agrees to Gonvey the pzemiaes to Buyer ��y.
<br /> '�ir;:n, ,.. ..t'}'S}:Si' .• ��+n.t..:::k��_-,.
<br /> ,,,,,.,� ti�,.���4 by 3pecial Warrara�,� Deed, free and clear of all l�iea�s, taxes, �""' `��,
<br /> , . , and er�cumbtances e�e�ept easP�nent� and restrictions of record; .. .,
<br /> �5 :; ' provided that, said Deed sh►�ll convey to Buyer as estate in
<br /> : fee simple determinable, anc3 in the event of breach of any of
<br /> �`"'• � covenants contained in thfs A re�t��nt the =--�---
<br /> ,;,,.,, : ; ,, . ' , q . Possibi.lity of ----
<br /> '���',"'` ' , „ reverter shall vest in the 3eller herein, the City of Grand ""�` °��'
<br />'°``��� s � ;i���,t,,..�:-- Island, Nebraska. �`;;;�-_
<br />•��_`�- : ;�;!?±1r a�..f_•. ., �;:r.a'.'1.��--�
<br /> � �'�''���''��.! � 13. Tlme is of the essence of this Agreement I►11 covenants and � �
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<br /> .t..r ` ' r,. {',.. ' r�i:r��-=-=_
<br /> � . � � •`��''�'<<'•i�?�����t�•! conditions contained hete:n shall b� binding upon and insure
<br /> , _ .;r,,,' ^� w�;�v '''�� personal representa�i�res, successors and assigns. �1--° s-.�.
<br /> Y �. t ,�� ' �._ �Cf�- . .,
<br /> � :�1"� r i � h�-a `= �
<br /> � �:j'#�!i��' '����"'��� Dated: April 12, 1391 � ,�r�a�.
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<br /> � 'jt:''" SEI,LER: E��:
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<br /> `�� "�t�+., ' THE CZTY OF' G�Ari1A ISLAND, NEBRASKJ► 'r�`�'"'����;:�:
<br /> . „ a' '�t a Mu ��ipal Co¢Foration. t��r;�''�;�f�.;;-
<br /> � � i�s���,�:' HUYERS: f�;�f i�l�.S��4J;:i"
<br /> I'l: . "`t���,' � � �� r , .y•.:.�'.
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<br /> -� l t ti� Ernest L. D besh (Mayoz)
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<br /> %� Don A. Dubbs � � .'�•�.
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<br /> _ :}vy,`;�_. ���t,•:�,,��,'; MaTy M. aubl�w %;:'r•')�',,;i'}�,.
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