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<br /> <br />(®) any other party who thereafter abtaina title to <br />the Premises or such part from or through such <br />holder; ar <br />(b) any other purchaser at foreclosure sale other <br />than the holder of the mortgage itself,} <br />shall be obligated by the provisions of this deed to construct ar <br />Mete the construction of the improvements, or to guaranies such <br />construction or completion. Nothing in these covenants or this <br />deed shall be deemed or construed to permit or authorize say such <br />holder to devote the property or any part thereof to any uses, or <br />construct any improvements thereon other than those uses and <br />iaeprcavements provided or permitted in the IFrban Renewal Plan or Community <br />pevelapment Plan of the City of Grand Island. <br />8. Grantees shad not protest the creation of any improvement <br />districts, including but not limited to, paving, sanitary sewer, <br />wares main, storm water drainage or sidewalks which may be created <br />i.n ar adjacent to the Premises fer ~.rhi.ch the Premises may be subject <br />to the levy of special assessments. ~he foregoing prohibition shall <br />set prohibit the Grantees from objecting to the amount of any such <br />s~>eeial xnsass~ent which may be Levied against the Pre:tiae3. <br />This deed shall convey to Grantees an estate in fee simple <br />determinable, and in the event of breach, the passibility of reverter <br />shall vest in the Grantor herein, the City of Grand Island, Nebraska. <br />Grantor hereby covenants with Grantees and with Grantees' heirs <br />and assigns that Grantor is lawfully seized of said Premises; that <br />they are free from encumbrance, except easements of zecord and <br />visible easements; chat Crantar hxs good right and lawful authority <br />to cony the sane, subject to the foregoing conditions; and that <br />Grantor warrants and will defend the title to said Premises against <br />thr~ 1~3t~:l cl.i~ of air per3.::`~S :v~aiF3SCSeYE[. <br />t7pon final compliance with the Lrban Renewal Plan and the <br />~ti.Cy 12evelapment Plan o£ the City of Grand Island, Nebraska, <br />~ _ <br />