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r 84 - 003836 r by the Buyer. The exact time and place of Closing shall be negotiated between the parties. 8. The parties agree that the Seller will provide, at its expense, a Policy of Title Insurance showing the Buyer as insured and showing the premises to be free and clear of all liens and encumbrances except easements and restrictions of record. The cost of a title insurance policy for any mortgage lender shall be paid by the Buyer. 10, Buyer acknowledges that Buyer has inspected the premlseS!l,nd accepts the same In its present condition~ Buyer acknowledges that Seller agents or employees have made representation to the Buyer as to the condition of the premises" 9. Seller agrees to pay the real estate taxes for 1983. Alfaf the 1984 real estate taxes and subsequent year's taxes~ if closing is on or before December 31, 1984, shall be paid bY, the Buyer. 11. Risk of loss to the premises shall be upon Seller untiJtbe' time of Closing" ,A"fter Closing, '-'~sk of --loss shall be:'-'t1,p:on Buyer, and Buyer s'1a11 i "sure the premises against casual,tY loss for the pesponsibl~ value of the premises. 12, Upon Closing, Seller agrees to convey the premises to Buyer ny 5pec,ial warranty Deed, free and clear of all l,tan_s.-, t-a;~_e-s',t_ and encumbrances except easements and restrictions of record; provided that, saId Deed shall convey to Buyer as estate~~ fee stmple determinable, and in the event of breach ofanygf c()venant'3 e'ontained in this Agreement, the possibility of reverter shall vest In the Seller herein, the City of Grand lslanc~ Nebraska. 13. Time .:.s ;:!f the t~5Sence of t.ols Agreement. All covenants ttnd. conditions contained herein shall be binding upon personal re..yresentati.ves, successors and aS$igns~ Dated: /:-.....~c;., . 1984. By May ,,- ! I ELLER ,n...,./; ,1 _'~) ^-- - / ~/> ~..(...,..' /~ ,-' /,' "'r' ;t-,'--J ./ ~ /'(: .// \ '13 Ell ' ,/ {/ r~' :('lIA1t"'->;;l '- "if- v BUYER 8y "Y L