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Oll- ~~~}~.$~,~ SPECIItL WARRANTY DEED The CFTY OF GRAND ISLAND, NEBRASKA, a municipal corporation, herein called the Grantor, in consideration of Two Thousand Three Hundred Five Dollars ($2,305.00} received from Grantee, does hereby Brant, bargain, se21, convey, and confirm unto MOLLE HOME IMPROVEMENT, INC., of Grand Island, Nebraska, a Nebraska corporation, the following described real property in Hail County, Nebraska: Part of Lot Ten (10} of the County Subdivision of the West Half of rile Southwest Quarter (W~SWi) of Section Ten (10), Township Eleven (11) North, 'Range Nine (9} West of the 6th P.M., more particularly described as comauxecing at a point 23.85 feet West of the Northeast corner of said Lot 1.0; thence running westerly along the C3orth Iine of said Lot 10 a distance of 141.14 feet; thence deflecting left and running southeasterly a distance of 92.6 feet to the northerly boundary line of Fifth Street in the City of Grand Island, Hall County, Nebraska; thence running northeasterly along Fifth Street for a distance of 126.6 feet: thence running northwesterly a distance of 22.85 feet to the point oL 'treginning; hereinafter referred to as the Premises. Ta have and to 'hold the above described premises unto the Grantees and to Grantees' heirs and assigns forever so long as tree Premises is used in conformity with the ?lrban Renewal Plan and the Camaunity Development Plan cf the City of Grand Island, and so long as all of the following conditions are met: I. Grantees shall develop the Premises herein conveyed for eos-xreial use in accordance with Grantees' proposal to purchase said Premises, whic:: proposal is on file with the Community Deveiop- ment Agency, together with the final plans fpr said redevelopment approved by the Community Development regency and chief building official of the City of Grand Island, Nebraska. 2. Grantees shall begin construction of the improvements on the Premises within six (6) months from the date of this deed of conveyance, and said construction shall. be completed within one (1j YcKr i~a~ the oats ox this deed unless coapletion time l.s waived by the Director of the Conesunity Development Agency as a result of acts or conditions beyond the control of the Grantees. T'he commercial pt'o~+eet shah be deemed completed as of rile date chat the Director