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88- 104730 sewer, water main, storm water drainage, or sidewalks, which may be created in or adjacent to the Premises for which the Premises may be subject to the levy of special assessments. The foregoing prohibition shall not prohibit the Grantee from objecting to the amount of any such special assessment which may be levied against the Premises. This deed shall convey to Grantee an estate in fee simple determinable, and in the event of breach, the possibility of reverter shall invest in the Grantor herein, the city of Grand Island, Nebraska. Grantor hereby covenants with Grantee and with Grantee's heirs and assigns that Grantor is lawfully seized of said Premises; that they are free from encumbrance, except easements of record and visible easements; that Grantor has good right and lawful authority to convey the same, subject to the foregoing conditions; and that Grantor warrants and will defend the title to said Premises against the lawful claims of all persons whomsoever. Upon final compliance with the Urban Renewal plan and the Community Development Plan of the City of Grand Island, Nebraska, as certified to by the Director of the community Development Agency, the Grantor will, upon request of Grantee, release the possibility of reverter reserved herein. Dated AU6, 2 9 1988 By CITY OF GRAND ISLAND, NEBRASKA A Municipal corporation Grantor ~~~d Cnuck Baasch, Mayor ~a./1-r..; ILAV :Jv ir.J Marti Ann Wit, City Clerk Attest STATE OF NEBRASKA ss COUNTY OF HALL Before me, a Notary Public, personallY appeared Chuck Baasch, Mayor of the City of Grand Island, Nebraska, known to me to be such officer and the identical person who signed the foregoing special warranty deed and acknowledged the execution 3