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<br />r <br /> <br />SPECiAL WARRANTY DEED <br /> <br />83- 0040:J5 <br /> <br />The CrTY OF GRAND ISLAND, NEBRASKA, a municipal corporation, <br /> <br />herein called the "Grantor", in consideration of Fti\le Thousand Two <br /> <br />Hundred Fifty Dollars ($5,250.00) received from Grantees, does <br /> <br />hereby grant, bargain, sell, convey and confirm unto <br /> <br />THEODORE O. EDEN and SONIA D. EDEN, <br /> <br />husband and wife, as joint tenants and not as tenants in common, <br /> <br />herein called the Grantees. the following described real property in <br /> <br />Hall County, Nebraska: <br /> <br />Lot Thirteen (13). Havenwood Subdivision in the City of <br />Grand island, Hall County. Nebraska, <br /> <br />hereinafter referred to as the "Premises". <br /> <br />To have and to hold the above described Premises unto the <br /> <br />Grantees and to Grantees' heirs and assigns forever 50 long as the <br /> <br />Premises I s used j n conformi tv \,'1 th the Urban Renewal Plan and the <br /> <br />C(Jnmlunity Dev",iopment Plan f the City "f Grand Island, Nebraska, <br /> <br />and so long as ;;11 the> tollowinf!, conditions are met: <br /> <br />1. GrOn[0eS shall develop the Premises herein conveyed for <br /> <br />residentiaL use in ~~c0rdance with Grantees' proposal to purchase <br /> <br />said Premises, ,,,hieh proposal ! s on I i Ie with the Community Develop- <br /> <br />ment Agency, together with the linal plans for said redevelopment <br /> <br />approved by thH lommunity Devt.lopment Agl:"ncy and chief building <br /> <br />official of the City of Grand Island, Nebraska. <br /> <br />,) <br /> <br />Grantees shall hegin construction of the improvements on <br /> <br />the Premises within six i61 months from the date of this deed of <br /> <br />conveyance, and said construction shal i be completed withi none (1) <br /> <br />year from the date of this deed unless completion time is waived <br /> <br />by the Director of the Community Development Agency as a result of <br /> <br />acts or conditions beyond the control of the Grantees. The resicl- <br /> <br />ential project shall be deemed completed as of the dElte that the <br /> <br />Director of Community Development Agency finally examines the <br /> <br />Premises and finds it to meet the requirements ()f the plans and <br />specifications proposed, submitted, and approved for the residentj,Ji <br />development purSl,Jllnt. to the Urban Renewal Plan and the Community <br />~velopll';(ilnt Plan for the residential project. <br />