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__ <br />SPECIAL WARRANTY BEER <br />The CITY ~F GRAND ISLAND, NEBRASKA; a municipal corporation, <br />herein called the "Gra~~tor" in consideration of Fourteen tno~_~sand <br />`dine Hundred Dollars ($1G,9t3Q.fl0)' received from Grantee, dc;e~ herchv <br />grant, bargain,'seli,, convey and confirm unto: <br />FRANK E_ KQLAR <br />a single person, herein called the Grantee, the following descYibed <br />real property in :~faPl Fount},'tiebraskac <br />Lot 'Ten (10:1, ~Iocle Twa {2), Southern Acres <br />Addition tea the Citg~ of Grand Island, <br />Hail Gaunty, hiebzaska, <br />hereinafter referred to as the "Premises"_ <br />To have anc' to hold the above describad'premises unto the <br />Grantee and to Grantee's heirs-and assigns forever sa Long as the <br />Premises is used in .conformity Stith the E,trban Renewal Plan and the <br />Community Development_Plari of the G'ity of Grand Island, yebraska, <br />and s.a long as all the folLowi.ng conditions are met: <br />1. Grange shall develop the Premi,sas herein conveyed far <br />residential use'in accordance with f:rantee's praposal r_o purchase <br />. said Premises,.:which prap4sal. is an fi7.e with the Gomrnunty Develop- <br />.lent Agency, tagether with the final plans far ;>aid redevelopment <br />_ approvad by Che Community Bevelapanent Hgency,and chief building <br />otfi~iai cif t}xe: City of Grand Island, Nebraska. <br />2. Grantee shall begin construction of tttie improvements an: <br />the Premises within six i5i months frcim the 'date o£ this deed os" <br />canvevance, and Said canstrt~~ran shall be completed within one Ali <br />vear from the date of this-deed unless carnpletian time i:s waived <br />L._ ~„ ,~ <br />i~~.. <br />