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F <br /> <br /> <br />G,ii;G, Iatvestmestts, a tlehraska pz~rtnerahip, herein called t'hc: "'Grantor", in <br />conmm~deratftxs of T'ata 14actsant Dollars (S2,OQO.QO} received. Eram the Grttntee, dace <br />hereby grant, linrgan, sell, convey, and confirm tmto <br />C. C. Industries, Incorporated <br />herein galled the Grantee, the following described real property in Halal County9 <br />lteb raskm <br />Lot T.ltree (3}, Block Eleven (11), Lambert's Addit3:on <br />to the City nf_ Grand Island, Mall Co'nrty, Nebraska, <br />hereinafter referred to as the "Premises". <br />Ttk leave and to hold: ttae shove deseriised premises unto the Grantee and: to <br />GraTMtee's heirs and assigns forever so long as the Premises is used in confostnity <br />xi::k, the '~~rban itenewal Plan and tEte Gottsaunity Development Ylan of the City of <br />Grand Zs land, `;nbrastca, and sa long. as all flee fallowutg conditions are met: <br />1. grantee sha£1 develop the Praxises iserain conve~4d for residential uEe ~*t <br />accordance with Grantee`s praposal to purchase said Premises, whfctt praposal is on <br />file with tflc Ca~nunity Develapment Agency, together with the final plans for said <br />redevelopment approved by the'Cosmmunty Development Agency and chief building offi- <br />eiai of the: City of Grand. Tsland, Nebraskst, <br />Z. Grantee shall begin construction of the improvements: an the Premises within <br />six fti j mcsrctha from the date of this dead of conveyance, and said canstructitstx shall <br />be cosnpieted withila one fl) year from the date of this deed unlaces completion time. <br />is waived by the Director of the Co~aunity Development Esgency as a result of acts or <br />ccmditions 3aeyoad the control of ttte Grantee, Tkte resantial project shall be deeuti- <br />ed contp;.et¢3:as of the date that the Director of Cc~mu~unty Development Ageat:y finally <br />ex+~+*ges the- _'remi:e~es> anti finds it to meet the. requirements of the plans and develop- <br />went puraaant to Che Urban &rztewal Plan anti the Gommamity Development Plan for the <br />resid-ntial project. <br />3. c3rantee shall not dscr~inate upon the basis of race, color, religion, sex,. <br />ar eatlonul origins in the constructzt~xs, sale, lease, rectal, use or occupancy of any <br />of the dva~lling> waits set tiae> prrrject. <br />'+. X11 ad:~artis3.ag, ncludiztg s~gats on the Premises advesrtising flee sale or <br />rental as the Preetfses shall..incluxie the legend, "An Open Occupancy Bctilding" sn <br />type ar lettering a€ e~si:ly legible size and design. <br />5. Graretee shall nest:.,. sxr?tiar to fete cletion of the improvesnenes an the Premises, <br />a;a ~arcei.iia~d 3?y ehe Airettsr of City Development Agency, sell,. assi}ln, contract .to <br />set t, :.yr fn sxay r eotzorey tFte Promises or anp interest rhere,in without the prior <br />e~r4tteet .mmpprn~al of fire D;rotor o~ the its: IIevelapmestt Agcztcl~. elny succensos <br />:~s iraterr~e c7Y GranSeeA Kh:.ti t=es bound by the pravia.itstss of this deed. <br />