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lien that has been created or attached to the Premises by invo- lestftary act of the Grantees, or otherwise. 7. The holder of any mortgage authorized by the Director of the Community Development Agency, including anq holder who obtains title to the Premises or any part thereof as a result of foreclosure proceedings or action in lieu thereof {but not including: {a) any other party who thereafter obtains tine to the Premises or such part from or through such holder; or {b) any other purchasez at foreclosure sale other than the holder of the martga,ge itself,) shall be obligated by the provisions of *_his deed to construct or complete the construction of the improvements, or to guarantee such construction ar completion. Nothing in these covenants or this deed shall be deemed or construed to permit or authorize any such holder to devote the property or any part thereof to any uses, or constr+.-cc any improvements thereon other than those uses and i~zrovements provided or permitted i.n the Urban Renewal Tian ur Community Development Flan of the City of Grand Island. $. Grantees .shall net protest the creation of any improvea:ent districts. including but n,~, limited, _ paving, 4ariitary sewer, - wafer main, storm watex drainage or sic:ewalks which may be created in or adjacent to the Premises for which the Premises may be subject to the levy of special assessments. 1'he foregoi..g prohibition shall not prohibit the Grantees from objectittg to the amount of any such apec~.al assessment which may be levied against the Premises. This deed shall convey to grantees an estate in fee simple determinable, and in the event of breach, the pcssibitity of reverter shall vest in the Grantor herein, the City of Grand Island, Nebraska. Grantor hereby covenants with Grantees and with Grantees' heirs and assigns the[ Grantor is lawfully seized cf said Premises; thet they are flee from encumbrance, except easements of record and viafble eaaem~ents: that Grantor has good right and lawful authority to ccsnvey t-he same, subject to the foregoing condi..ions; and that Grantaz warrants and will defend the title to~ai.d Premises zgatnst t3tt lawful claiars of all persons whomxaever. i Cd ~ i ti~ ~ tai ,ti Gpo:c ,.,oral Uompl once with the ~rs:an ~ent~wad an an e S -