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<br />83- \}u259t',~ <br /> <br />7. <br /> <br />The <br /> <br />hn.l-f'toy' nF ~nu mn.,,...t-a_~o-,Q <br />.-~............._... ......,...... ......~J ............. ....t).......-e..... <br /> <br />-authorized <br /> <br />by the Director <br /> <br /> <br />the Community Development Agency, including any holder <br />title to the Premises or any part thereof as a <br /> <br />proceedings or action in lieu thereof (but not including: <br /> <br />(al artv other party who thereafter obtains title to the <br />Premises or such part from or through such holder; <br />or <br /> <br />Ibl any other Durchaser at foreclosure sale other than <br />the holder of the mortgage itself,) <br /> <br />sI1aU be obligated by the provistons of this deed to construct or <br /> <br />complete the construction of the improvements, or to guarantee <br /> <br />construction or compl.~tion. '~othinl1; in these covenants or this deed <br /> <br />shall be deemed or constru<!d to permi t or authorize any such holder <br /> <br />to_devote t.he property or any flart. thereof to any uses, or construct <br /> <br />any improvements thereon other than those uses and improvements pro- <br /> <br />vid'i.d or permitted in the urb;::m Renewal Plan or Community Develop- <br /> <br />ment Plan of the itv ~)i Grand fsl,and. <br /> <br />8. Grantf.les shall not orotest the cn'arian of any improvement <br /> <br />dis-tricts; incluJlrtg but not lin-d.ted to fhlving, $~Hlitar'l sewer. <br /> <br />w~.tex mat.n~ stor-m Yi.Hter jr;'iin';lge~ (H~ si.;je~ll:ttksJ which may be created. <br /> <br />in or adja-cent to t.he E,L!.~(:mises. for which the PrerHises mtly be subJect <br /> <br />to the Levv of speci.al clssessments. Th.. fon,'going prohlbition shall <br /> <br />not prohibit. the Grantees irom objectlng to the amount of any such <br /> <br />special assessrwnt whLch may be levied ,~q~ainst the Pr(~mise-s. <br /> <br />This deed shall convey to Grantees an estate in fee simple <br /> <br />determinable, and in the event ot breach, the passIhi I Icy of <br /> <br />reverter shall lnvest in the Grantor herein, the City of Grand <br /> <br />Island, Nebraska. <br /> <br />Grantor hereby covenants with Grantees .and with Grantees' heirs <br /> <br />and a.1'lstgns that Gn1Otor is lawfully seized of s<lld PremIses; that <br /> <br />they are free from encumbrance, except easements of record and vis- <br /> <br />ible easements; that Grantor has good right <HId lawful authodt,{ <br /> <br />to convey the same, subject to the f<negoing condi (iOllS; ;ll1J thilt <br /> <br /> <br />Granto.r warrants and 101'111 defend the Utle to said Premises against <br /> <br />t;hf!hwful clallll.s of aU !)l.\rsOt1t> whOmsoever. <br /> <br />- :3 - <br /> <br />