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<br /> b�lore 150 days atter the date of this �qree��nt, psovidsd
<br /> -� that th� continqencies atated in N5 hav� b�en s�tisfied by
<br /> � th� Buyer. Th� �xact ti�e and plac� oE Clo��ny ahr�li be -
<br /> -- n�qotiat�d betre�n the parties.
<br /> �; 8. The partiea agree that the Selles sAall provide, The Poliay
<br /> � `f�'�'' of Title insurance dated January 2�, 1991 at 1Ot57 �.M.
<br /> --���`-��t��91
<br /> � __,��-�. issued at the tiue the City purchased the property, and
<br /> ��r • ahoving the pren�isea to be froe and clea= of all liena an8
<br /> �ncu�brances exc�pt easeasnta and restrictions of recosd.
<br /> 9. Seller agreas to pay the real estate taxes foz 1991.
<br /> - -- (Ciosing to be after January l, 1992). All of the 1992 and
<br /> subaequent year'a taxea sha11 b� paid by the Buyes.
<br /> '= ��"" 10. Buyer acknovledges that Buyer has inspected the� pr�aises and -
<br /> ___ .,.'����"'�' accegts the aa�e in its present condition. �uyer
<br /> _�. �...�'>, acknovledges that 3eller agents or employeea �have �ade no
<br /> � �y'�:��� xepsesentation to the Suyer as to the aondi*lon of the
<br /> _y.�<u�; :;..•..._ . :- preaisea.
<br />._.y�•�.r�, �r yw;`4..!R*�
<br /> _� ,.... D �, li. Riak of loas to the premises shall be upon Seller until the
<br /> - ._=—• .. tiae of Closi.ng. 1lfter Closing, risk of losa shail be upon
<br /> _���� ���`��; Buyez, and 19uyer shall insure the premisea againat casualty
<br />--- �� •�` ��°� loss for the sQ�ponsibie value of the preaises.
<br /> .._����.���
<br /> —•��,�,•.,?y�'�
<br /> ,�,��;` ��:. . :, .,;,',�,� 12. Upon Closing, 8eller agrees to convey the premi�es to Buyesi�
<br /> =�::�� -.:'•��• "�'�'"�! by Special Nasranty Deed, fsee and clear of all liens, taxes,
<br /> � "'�'�`°� , '�. •_.:a, and encumbrances except easements and restr ictions of reco=d;
<br />-_°-�����`•�" �:,��;-�"'� provided that, said Deed shall convey to Buyer as estate in =
<br />�'�T'` y � -� fee simple determinable, and in the event of breach of any of
<br /> ,,_;.
<br /> ��;'"''�� ,' � � covenants contained in this Agreement, the possibility of -
<br /> -�`" revezter shall vest in the Selle= herein, the City of Grand
<br /> �'`��F�,.j����`' ' Island, Nebraska.
<br /> •_:•:Nw .�7RA'• . r
<br />-�;�.�_ �•�'��+ � 13. Time is of the essence of this 1�greement. J►11 covenants and
<br /> _�-:° " -•'1'�� conditions contained herein shall be binding upon and in�ure -
<br />=�-��J � ?�� - ��'�'�i.:<' personal zepresentatives, successors and assigns.
<br /> --.,. ,� p�.. _. _
<br /> �+ �01�` '�. � Dated• November 25. 1991 _-
<br /> �'''.�•,'2 y`r6 r. _
<br /> ._. , .,�, ��C.,. ...
<br />. �c-.-_.- i: .
<br />= ' "'.�i. SELLER:
<br /> .,.....
<br /> '.'•!' . :� .{j;�Y�.� . . '
<br /> ���ti��� � ' �� �� THE CITY OF GRAND I3LAND, N$8RD3K71
<br />'T'��i..: �
<br /> �,.
<br /> : , ,,,,, a Municfpal Corporation. -
<br />-•.fr�.y - - . -i.i�ti� BUYERS i -
<br />. . �''.�_�;�'�
<br /> .. � • .. �t• __JL;�L�=�='�i����
<br /> ��•_ ,��"L • Ernest L. Dobesh (Mayor)
<br /> Ricky A. Kershner
<br /> � •JY7� i�.� D n tL�.,�,aLit�
<br /> �,,':. � -
<br /> + �•, ' , �patricis A. Kershner
<br /> . ',`1,
<br /> '•.ti�'_. :
<br /> _ - '-�='
<br /> _
<br /> �< . .. J. M
<br /> t
<br /> . / . .
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