SPECIAL WARRANTY DEED
<br />("
<br />85-00227
<br />e The CITY OF GRAND ISLAND, NEBRASKA, a municipal corporation,
<br />(
<br />herein called the "Grantor ", in consideration of Five
<br />Thousand Dollars ($5000.00) received from Grantees, does hereby
<br />grant, bargain, sell, convey and conf.i.rm unto
<br />TIMOTHY O'NEILL, THOMAS O'NEILL, and JOSEPH O'NEILL,
<br />as tenants in common, herein called the Grantees, the following
<br />described real property in Hall County, Nebraska:
<br />A tract of land comprising part of Lots One (1), Two
<br />(2), Eight. (8), all of Lot Seven (7), and the vacated
<br />alley lying between such lots, all in Block Fifty -one,
<br />Original Town, now City of Grand Island, Nebraska, more
<br />particularly described as foi_?ows:
<br />Beginning at the southwesterly corner of said Lot Sever
<br />(7); thence easterly along the southerly line of said
<br />Lots Seven (7) and Eight (8) a distance of one hundred
<br />thirty -two (13 2.0) feet_ to the Southeast corner of said
<br />Lot Eight (8); thence northerly along the easterly line
<br />of said Lot Fight (8) a distance of nineteen and
<br />nineteen hundredths (19.19) feet to a point of
<br />curvature; thence running northwesterly along the arc
<br />of a curve whose radius is 260' (the long chard of
<br />which deflects left 30 degrees 12 minutes 54 seconds
<br />from the poncedi.ng course) , a long chord distance of
<br />two hundred sixty -two and forty -seven hundredths
<br />(262.47) feet to a point on the westerly line of said
<br />Lot. Two (2); thence southerly along the westerly line
<br />of said Lora, Two (2) and Seven (7) a distance of two
<br />hundred forty-five and eighty -sin hundredths (245.8b)
<br />feet to the point of beginning, and containing 0.815
<br />acre`;, more or less;
<br />hereinafter referred to as the "Pr"mi.ses ".
<br />To have and to hold the ahovo described Premises unto the
<br />Grantees and to Grantees' heirs and assigns forever so long as
<br />!no PrO;t2MUS i5 used in conformity with the Urban Renewal Plan
<br />y F Plan of the City "f Grand Island,
<br />L'ani'1 the Community Development smc:nt E l.a.t
<br />Nebraska, and 3o 'long as all the Following condition- are met:
<br />1. Grantees sha3l develop the Promises herein -onveyod to,
<br />nammer w ial use in .accurdanu- with Grant-es' proposal to purwhaso
<br />said Premises, whinh proposal is on t ile with 10v t'ommn"t•,
<br />Development ,agency, laget_her with the final alans for s<. wt
<br />i
<br />redevelopment - tZ7Or!.,vexl by the C.rrttnttn t t y 'hwe l,,pm~ ,a1,amn"y ,tre_l
<br />I
<br />the chief bui ld inq «f f i ci,a; •f '.'n• , ; t y !t Gi rand Q land,
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