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g.r)..► 004591 SPECIAL WARRANTY DEED The CITY OF GRAND ISLAND, NEBRASKA, a municipal corporation, herein called the "Grantor ", in consideration of Two Thousand Five Hundred Dollars ($2,500.00) received from Grantees, does hereby grant, bargain, sell, convey and confirm unto ARNOLD C. WENN and LINDA C. WENN, as joint tenants and not as tenants in common, herein called the Grantees, the following described real property in Hall County, Nebraska: The easterly 47 feet of Lot 3, Block 31, Original Town, now City of Grand Island, Nebraska, and The easterly 19 feet of Lot 4, and the westerly 19 feet of Lot 3, Block 31, Original Town, now City of Grand Island, Hall County, Nebraska, hereinafter referred to as the "Premises ". To have and to hold the above described Premises unto the Grantees and to Grantees' heirs and assigns forever so long as the Premises is used in conformity with the Urban Renewal Plan and the Community i)evel.opment Plan of the City of Grand Island, Nebraska, and so long as all the following conditions are met: 1. Grantees shall. develop the Premises herein conveyed for commercial use in accordance with Gr,anteces' proposal to purchase said Premises, wh;.cl; nrolx;s:11 is u1 rii.ce with the Community Development Agency, together with t15e tinal. plans for said redevelopment approved by the Community )eveloament. Agency and the chief building official of the City of Grand Island, Nebraska. 2. Grantees shall begin construction of the improvements on the Premises within six (G) months from the date of this deed of conveyance, and said construction shall be completed within eighteen (18) months from the date of this deed unless completion time is waived by the Director of the Coaununi.ty Development. Agency as a result: of acts .>r (7ondit.ic;ns beyond the control oaf the Grantees. The commercial project shall t)o loomed -'0:11010t-Okl as of the date. that t.hm Dit' `c'tor of Community oevolopment. Agt'n'y fir•rally r?Xaftines the Prrmiies and f irn:1s :t he :r"au11 met;ts c >f t:hae pl�ir.s any! �;pe�c�ti sc,tt,;t,n ; .ar�.�uc,sl ri k.�r.tt t r,i, ,r;:1: