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201201107
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Last modified
3/19/2012 3:39:59 PM
Creation date
2/14/2012 8:56:51 AM
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DEEDS
Inst Number
201201107
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m <br />201201 �.07 <br />event, Lender has the right, but not the obligation, to participate in any such proceeding <br />including the right to receive copies of any documents relating to such proceedings. <br />E. Except as previously disclosed and acknowledged in writing to Lender, Grantor and every <br />tenant have been, are and will remain in full compliance with any applicable Environmental <br />Law. <br />F. Except as previously disclosed and acknowledged in writing to Lender, there are no <br />underground storage tanks, private dumps or open wells located on or under the Property <br />and no such tank, dump or well will be added unless Lender first consents in writing. <br />G. Grantor will regularly inspect the Property, monitor the activities and operations on the <br />Property, and confirm that all permits, licenses or approvals required by any applicable <br />Environmental Law are obtained and complied with. <br />H. Grantor will permit, or cause any tenant to permit, Lender or Lender's agent to enter and <br />inspect the Property and review all records at any reasonable time to determine (1) the <br />existence, location and nature of any Hazardous Substance on, under or about the Property; <br />(2) the existence, location, nature, and magnitude of any Hazardous Substance that has <br />been released on, under or about the Property; or (3) whether or not Grantor and any tenant <br />are in compliance with applicable Environmental Law. <br />I. Upon Lender's request and at any time, Grantor agrees, at Grantor's expense, to engage a <br />qualified environmental engineer to prepare an ertvironmental audit of the Property and to <br />submit the results of such audit to Lender. The choice of the environmental engineer who <br />will perform such audit is subject to Lender's approval. <br />J. Lender has the right, but not the obligation, to perform any of Grantor's obligations under <br />this section at Grantor's expense. <br />K. As a conseq�nce of an�breach of�y� representation, or�romise made in this <br />section, (1) ���� Wi�nd�ei�in f y�.'nd ho(� �n e�� arid; Lerlqler's su�cessors or assigns <br />harmless fro�n1' and V�g i st �all 1 s s, claims, � r1c�s, ,9i�tijNi �es�,' damages, cleanup, <br />response anc�� t'��medi�iti r� �t�Sts, , e���tie�J �n�l ex e►�e , �vY�thout limitation all <br />costs of litigatid�►�ar�d at �me�s�°'f��s, v�Ri��h'Le� e� nd nd�r s s�rccess�i�or assigns may <br />sustain; and (2) at Lender's discretion, Lender may release this Security Instrument and in <br />return Grantor will provide Lender with collateral of at least equal value to the Property <br />without prejudice to any of Lender's rights under this Security Instrument. <br />L. Notwithstanding any of the language contained in this Security Instrument to the <br />contrary, the terms of this section will survive any foreclosure or satisfaction of this Security <br />Irtstrument regardless of any passage of title to Lender or any disposition by Lender of any or <br />all of the Property. Any claims and defenses to the contrary are hereby waived. <br />18. CONQE NATION. Grantor will give Lender I prompt notice of any pending or threatened <br />action by rivate or public entities to purchase , or take any or all of the Property through <br />condemnati n, eminent domain, or any other means, Grantor authorizes Lender to intervene in <br />Grantor's n me in any of the above described actions or claims. Grantor assigns to Lender the <br />proceeds of' any award or claim for damages connected with a condemnation or other taking of <br />all or any part of the Property. Such proceeds will be considered payments and will be applied <br />as provided in this Security Instrument. This assignment of proceeds is subject to the terms of <br />any prior mortgage, deed of trust, security agreement or other lien document. <br />19. INSURANCE. Grantor agrees to keep the Property insured against the risks reasonably <br />associated with the Property. Grantor will maintain this insurance in the amounts ender <br />requires. This insurance will last until the Property is released from this Security Instr nt. <br />ROBERT C. HANSEN <br />Nebreska Deed Of Truat Initials — � <br />NE/4XXDIANNK00000000000626042020212N Wolters Kluwer Financial Services �1996, 2012 Bankers Page 8 <br />SysterrisT°° <br />
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