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r ~-,worded title to the Premises or any part thereof as a result of foreclosure proceedings err action in lieu thereof (but not including: (a} any other party who thereafter obtains title to the Premises or such part from or through such balder; or (b} any other purchases at foreclosure sale other. than the holder of the mortgage itself,} shall be obligated by the provisions of this deed to construct or cautiplete the construction of the improvements, err to guarantee such construction err completion. ^Iathing in these covenants or this deed stash be deemed or construed to permit err authorize any such balder to devote the property err any part thereof to any users, or construct any improvements thereon other than these uses and improvements provided err permitted in the LTrbaat Renewal Plan err Community Development ?ion of the City of Grand Island. 8. C>rantees shs~il not protest the creation of any improvement districts, including Lut not iiscited to, paving, sanitary sewer, water main. storm water drainage err s~dewaiks wtti:.i~ !nay be created i.n car adjacent tv the Premises -err which :.:~~ 'reuises may be sub_jeet to the levy of special =assessments. The foregoing prohibition shall not prohibit the Grantees from va_jecting to ~he account of env such spacial assessment xhich nay tae 1eviEd against the Premises, This deed shai l c.4nvey to Grantees an estate in fee =;icnpie determinable, and in the Gvent €~f brNactt, Lhe passibility of reverter sha11 vest in the ,ranter herein, tine t:iey of Grand Island, Nebraska. Grantor hereby covenants with trantees and with Grantees' heirs and assigns that Grantor i.s fawfuili seized of said Premises; that they are tree trava eneuBabrance, except easements of record and visible easements; that Grantor has good right and lawful authority to convey the same, subject to the foregoing conditions, and that Grantor warrants and will defend the title to said Premises against the lawful claims of al._1 persons whomsoever. Upas~ final cra~,liance with the t3rban Renewal Flan and the Comtity D~svelopment Plan of the City of Grand Fsland, Nebraska, ,.