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i 7. The holder of any mortgage authorized by the Director of. the Community Aevelopment Agency, including any holder who obtains title to the Premises or any part thereof as a result of. foreclosure proceedings or action in Lieu thereof (but not including: (a? any other party who thereafter obtains-title to the Premises or such-part Erom or through such holder; or (b7 any other purchaser at foreclosure sale other than the holder of the martgage itself,} shall be obligated by the previsions of this deed to construct- or complete the construction of the improvements, or to guarantee such. L,,..„~uarion ar completion. llathing in chew covenants or this deed shall be deemed or construed to permit or authorize any such holder to devote the property or any pars thereof to any uses, or construct any improvements therean other than those uses and intprouements pro- - vided or permitted in the urban Renewal Plan or Community Develop- ment Plan at the City of Grand Island. 8. Grantees shall nat protest the ereaCion of any improvement districts, including but not limited to paving, sanitary sewer, water main, storm water drainage, ar. sidewalks, which may be created: in or adjacent ca the Premises for which the Premises may be subject to the Levy of special assessments. The Earegoing Prohibition shall nat prohibit the Grantees Pram objecting tc the amount of any such special assessment which may be levied against the Premises. This deed shall convey to Grantees an estate i,n fee simple determinable, and in the event of breach, the possibility of reverter shall invest in the Grantor herein, the City of Grand island, *iebraska. Grantor hereby covenants with Grantees and with Grantees' heirs and assigns that Grantor is lawfully seized of said Premises; Chat they are free from enctimbrancc, except easements of record and vis- iblc easements; that Grantar has good right and lawful authority to canuey the scene, subject to the Eoregving conditions; and that - Grantor warrants and will sleEend thetitie to said Premise°~ ~rcinsc ,;,, - Che 1-awful e~laitsis_af ~~+11 persons whomsaevor. . s t 1