Land required to be dedicated herein shall be conveyed at or prior to the time of recording of the final plat, or within a reasonable time thereafter as permitted by the village, by warranty or trustee's deed free and clear of all liens and encumbrances, except current real estate taxes and customary general ALTA form B title company exceptions (excluding any exceptions which might preclude the use of the property for the purpose conveyed). Cash contributions in lieu of such land dedications calculated as provided herein shall be paid as a condition of final plat approval; however, the plan commission may recommend and/or the village board may provide that payment be made as the subdivided lots are sold so long as the subdivider places liens for the cash contribution due on each lot at the time of recording the final plat and establishes other guarantees sufficient to insure payment no later than the time of the initial sale of each lot. Real estate taxes not yet due at the time of such conveyance and any real estate taxes thereafter due by reason of the change of use of the property from farming or agricultural purposes under 35 Illinois Compiled Statutes 205/20 shall be paid by the developer when the same shall become due. Sufficient guarantees of the payment of such taxes shall be provided to the village as a condition of final plat approval. (Ord. 91-21, 8-6-1991)