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<br />Sk'ECIAL WARKAi~TX DEED
<br />Thc: CITX CF GRA2~B ISLa~1VD, NE~RAS~A, a municipal earpcaratian„
<br />herean raked the '°Grantar'', in cansideration of Twa Thousand Twn
<br />Hundred ;]c[iars t~2,2Gf1.Ot}~ received. from Grantee, daes ksereby
<br />grant, bargain, sell,. Canvey and conL'irm unto
<br />C.W.C. INVESTMENTS,
<br />a genera i. nax~a~ershp, herein called the Grantee,. the folawing des-
<br />cribed real property in T-1a31 County, Nebraska:
<br />Lest Three {`3?, Black E3even (Ill, Larnbert's Add'tian
<br />t'o the. City of Grand Island, Hall County, Nebraska,
<br />hereinafter referred. to as the "Aremises".
<br />Ta ha~re and to hold the abave deserbed premises unto the
<br />Grantee and to Grants®"s heirs and assigns farever so lase as the
<br />Prerstaes is used in carsfar~sity with the Urban Renewal Plan and the
<br />Conu!xuz~it~? Deveita~sment Plan of the City of Grand: Island, Nebxaska,
<br />anti so tang as atl the r~3lawi.ng canditians are met.:
<br />1. Grantee shall deveiap the Premises herein converged far
<br />r:=si~ienri~r.',. use in accordaa~ce w£th Grantee"s pr~spasal to purchase
<br />5i~i,d P-~dmises, which prapasai is an Elie wittx the Community Deveiap-
<br />mint Agency, tagether with. the finest plans fc+r said. redevelap~:ent
<br />approved tzy the: Community ~evetaps~ent Agency and chief building
<br />c,fiicial n~ r;;o Cfty c;s" Grand Island, Nebraska.
<br />2. t,ranCee s?~~1 L ~-:egi,n canstructiaa~ t~f the improvements on
<br />th+> Pr~nises ~~ith=;, si:c ?~.i months from the date of this deed a€
<br />ccnveyance, and Baia ;~anstruction sha1.2 tse ,_oT,p]etAd within orze t2l
<br />year ~ ro_m she date ci th ~ s ~#e~~i _cnl~ss ~ompl et ic"n rime is craived
<br />ray tiY ,7irect~r oi: :~a? L?*~~-,._.._~.y s,~ ~,_op-~~ynt ~1,~,t.1c: a:s a resins a€
<br />acC~ ar ,~onditi:~r,s beyond` the crEtroi. of LLIe Gr.,ntt~e. The resi.d-
<br />;sr~tiat project. s:-,al~ be Seemed cc~mv'~t~ci a; .~> thee. date Chat. the
<br />?7i,r::c:t~sr ~~, ~'t.-trmunit~y °Jeveic~pr*.ert i~~c~r2r`v i inr~ t- ~l exaaaatt~s the.
<br />l'?'~rr=iz~s as~d rfn~ifi i t to i~~e~ the , ~q~zr~~enCs of the plans arscl
<br />n#?'a"~i:.-'.'~.C~itlt%Stti jJTC~I"a.=5ed, :~~U~1rC.:>C~., 31~;C`I '3;)rYPVr~;? ~C~~" C:kl+.:? ?-C'S3_(:}.£T'tC:i.<i.~.
<br />~G'.~e. v~srs,+,.ant Viii :"4:t,;,~T'1 ~. ;.'. t? !~C2t~ 't)Yh37d i{.i, ^.4 iii ~a ~F. F.1 a:Z .3 i1 [.~, t~e' C CF',?l:s<<i33. tG
<br />a~u~e;~rsLn~ 'r.r€? ,.., r-hf. t-r~~:i~'3asrt~eii pr~a3~ct..
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