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~~ ~3 ~} ~ ~ ~ ~ SPECIAL WARRAtITY DEED The CITY OF GRAND ISLAND, NEBRASKA, a municipal corporation, herein called the Grantor, in consideration of Three Thousand-Seventy Dollars ($3,07Q.Q6) received from Grantee, does hereby grant, bargain, sell, convey, and confirm unto MOLLE HOME IMPROVEMENT, INC., of Grand Island, Nebraska, a'Nebraska corporation, the following described real property in Hall County, Nebraska: Part of Lot Ten (IQ} of the County Subdivision of the West Half of the Southwest Quarter {W~SW~) of Section Ten {l0}, Township Eleven (11} North, Range Nine (9} West of the 6th P.M., more particularly described as follows: Commencing at a point 16Ei.52 feet West of the ~Nartheast comer of said Lot 1C1; thence running West along and upon the North boundary line of said Lot for a distance of 96.8 feet; thence running in a southeasterly direction for a distance of 139.9 feet to the northerly boundary line of Fifth Street in the City of Grand Island, Hail County, Nebraska; thence running in a northeasterly direction along the northerly boundary line of said cizth Street for ~ .'.i~terce of a5 feet; thence r-.mrcing in a nort:csfesterly direction for a distanc€ of 9?.u feet to the place of beginning; Te have and to bald the above described premises unto the t~rante~s and rc, i3rgnr~~is• i,airc -~n~ a.Lsis;t2S forever .so long ~., the Premises 'i.'s used ire csrnfor~ity with the urban Renevaai Plan and the Community Development Plan of the City of Grand Island, and so long as all of the fallowing conditions are met: 1. Grantees shall develop the Premises herein conveyed far cost~rcial use in accordance with Grantees' proposal to purchase said Premises, which proposal is on file with the Community Deveiap- ment Agency, together with the final plans for said redevelopment approved by the Cotmmunity Development Agency and chief building official of the City of Grand Leland, Nebraska. Z_ Grantees shall begin construction of r_he iatpravem=€nts on the Pre~aises within six (b) months from r_he date of this deed of eonveyence, and said construction shall be completed within one (lj y from the date of this deed unless completion time is waived by thoe Director of the Community Development Agency as a result of arcs ar conditiaxts beyond the control of the i,'rantees. The con~ercial prv,~wct shall be deemed completed as of the dace ti~at the Dir+uctor o£ C.vu~ity Developtent Agency finally examines the remises and €iricis. it to yes: the requize€uents of the glsi[ts artrl sYrciiicaLicns pr~r3p<ised, t~ubttrl.LS:eci ansl appxe;ved frr e'tre ~:-ar~trryer~t.x; ;te~~~ei+.~~?mc~nt