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79--~,~~~1~35 <br />~s <br />shall be obligated by the provisions of this deed to construct or complete <br />the construction of the improvements, or to guarantee such. construction <br />or completion. Nothing in these covenants or this deed shall be deemed <br />or construed to permit or authorize any such holder to devote the property <br />or any part thereof to any uses, or construct any improvements thereon <br />other than those uses and improvements provided or permitted in the Urban <br />Renewal Plan or Community Development Plan of the City of Grand Island. <br />o. Grantees shall not protest the creation. of any improvement <br />districts, including but not limited to, paving, sanitary sewer, water <br />main, storm water drainage, or sidewalks which may be created in or adj- <br />acent to the Premises for which the Premises may be subject to the levy <br />of special assessments. The foregoing prohibition shall not prohibit the <br />Grantees from objecting to the amount of any such special assessments <br />which ma}* be levied against the, Premises. <br />This deed shall convey to Grantees an estate in fee simple deterctin- <br />able, and in the event of breach, the possibility of reverter shall vest <br />in the Grantor herein, the City of Grand Island, Nebraska. <br />Grantor hereby covenants with Grantees and t,ith Grantees' heirs and <br />assigns that Grantor is lawfully seized of said premises; that they are <br />free from encumbrance, except easements of record and visible easements; <br />that Grantor has good right and lawful authority to convey the same, <br />Subject to the foregoing conditions; and that Grantor warrants and ~?ill <br />defend the title to said premises against the lawful claims of all persons <br />whomsoever. <br />Upon final compliance with the Urban Renewal Plan and the Community <br />Development Plan of the City of Grand Island, Nebraska, as certified to <br />by the Director of the Community Development Agency, the Grantor will, <br />upon request of Grantees, release the possibility of reverter reserved <br />herein. <br />Dated December Zb 1978. <br />5~4 <br />r ` - •~_ <br />~" Y~est <br />~~ <br />~.~ c»> <br />CITY CAF GRAND ISLAND, A'EBPASKA <br />A Municipal Corporation <br />L. I Mayor <br />r i~ <br />R. L. T LI 1ty C er <br />- 3 - <br />