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<br /> � ' before 150 da�ys afte= the dat• o! this 1►qrces�nt, providea �
<br /> tha►t the �entin9encies stated in �5 hav� b��n fatisL'i�d by
<br /> - the Buyes. The exact tir�e ana place of Ciosinq ehall b� �
<br /> _ , neqotia�ed between the parti�s.
<br /> 8. The partiea agxae that the Seller aha11 psovide, The Policy
<br /> of Title Inaurance dat�� November 27, 1990 at 2:02 P.M.
<br /> iasued at the ti�e the Ci�y purch�sed the property, and
<br /> ahoving the pre�ises to be gr�e an� clear of ali liens ana
<br /> - •ncumbrances except easementa and ze�trictions of r�casd.
<br /> -=.� 9. 3eller agrees to pay the seal estate taxes for 1990.
<br /> �=;� (Closing to be aftet January 1, 19911 . �11 of the 1991 and
<br /> .� suDsequent year's taxes shall be paid by the Buyer.
<br /> -� 10. Buyer acknowledges that 8uyer has inspected the premises and
<br /> -�9 accepts the aaQe in its present conditio�. euyer
<br /> --� acknowledgea that Seller agents or eaployees have made no
<br /> '� repreaentation to the Buyer as to the condi�lon of the
<br /> _--- premises.
<br /> �""�.�„ �� 11. Risk of losa to the premises shall be upon Seller until the
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<br /> -_ �:� time of Closinq. 71fte= Closing, risk of loss sh$il e upon
<br /> - �.`, Buyer, and Buyer shall insuxe the pramises aqainst casualty
<br /> =-=ti;, � loss for the responsible value of the premises.
<br /> 12. Upon Closing, Seller agreQS to convey the premises to Huyer
<br /> .�'�"�`� b�► SDecial Watranty Deed, free and clear o� all liens, taxes,
<br /> -��r��� and encumbrances except eas�ments anG restrictians of zecordi
<br />°�'-;�.�'F provided that, said Deed st�all convey to Huyer as estate in
<br />--�_�;���_i fee simple determinable, and in the event of breach of any of
<br />�.�;�„��_; covenants contained in this J►greement, the possibility of
<br /> �-=�"`r�;�,��. ' reverter shall vest in the Seller herein, the City of arand
<br />�'��"��� �t Island, Nebraska.
<br />.��s:�����.;
<br /> .�a�i.n'x ����
<br /> ="=�s Y 13. Time is of the essence of this �igreement. l�ll covenants and
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<br /> conditions contained herein shall be binding upon and insure
<br />—_....n�,;8,„ personal representatives, successors and assigns.
<br /> _. ;�4;: �
<br /> -��� � Datea: auaust i2, 1991
<br />_--=�',�:
<br />���r�F��' 3ELLER:
<br /> =:�,�,.
<br /> -a'�', `"J'°�'� � � THE CITY OF aRAND ISGAND, NESR718KI1
<br />.���
<br />_�=-�_":` a Mu cipal Corporation.
<br /> '' '`�` � "�N BUXER3:
<br />:�? '
<br /> ��.
<br /> � ���.
<br /> ,�:,'f.:T'',�,. :�
<br />-���- . .. :. . Ernest L. D besh (Mayor)
<br /> ��•� . M =k A.�3later
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<br /> '.ai..• .T�
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<br /> a.`:/s.��al�P
<br /> ' "�� .; "'"�rc c�, _
<br /> . � . Tzaci J. Slater
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