! '
<br /> ��15�4��5
<br /> handl�d by any persvn on, under or abau# the Pr�perty, except in the ard�nary caurse o�
<br /> business and 'rn str�ct compliance with al! appiicab�e En�ir�nmental Law.
<br /> B. Except as pre�iously discfvsed and acknawledged in writing to Lender, Grantor has n�t
<br /> and wi�� not cause, contribute #o, or permit the r�lease of any Hazardous 5ubstance on the
<br /> Property.
<br /> C. �rant�r w�!! immediately notify Lender if ��� a release or threatened release �f Hazardaus
<br /> Substance occurs ❑n, under nr abvut the Property ❑r migrates or threatens ta migrate f rom
<br /> nearby property; or �Z� there is a �ivlation �f any En�ironmental Law concerning the
<br /> Prope�ty, In such an e�ent, �rantor will tak� all necessary remedial action in accordan�e
<br /> with En�ironmental Law,
<br /> D. Ex�ept as pre�iously disclosed and acknowfedged in w��ting ta Lender, Grantor has no
<br /> knawledge of ar reason ta befie�e there is any pending vr threatened �n�estigation, cla�m, nr
<br /> proceeding of any kind relating to t1 y any Hazardous Substance IoGated on, under or abaut
<br /> the Prvp��ty; o� �2y any �iolation by �rantor or any #enant af any En�irvnmental Law,
<br /> Grantvr will immed�ately nvtify Lender in writing as sovn as Grantor has reasan to b�lie�e
<br /> there is any such pend�ng or threatened in�estigatian, cfaim, a� praceed�ng, In such an
<br /> e�ent, Lender has the right, but nat the �bligat�on, to participate �n any such prviceeding
<br /> including ths right tv recei�e copies of any dvcuments relating to su�h �roceedings.
<br /> E. Except as pr��i�usly disclvsed and acknowledged in writing to Lender, Grantar and e�ery
<br /> tenant ha�e been, are and wifl remain in full cornpliance with any applicable En�ironmental
<br /> Law.
<br /> F. Except as pre�'rvusly disclosed and acknowled�ed in writing to Lender, there are n�
<br /> underground storage tanks, pri�ate dumps or open wells focated on or under the Proper#y
<br /> and nv such tank, dump or well will be added unless Lender first �flnsents in writing.
<br /> G. Grantor wi�l regular�y inspe�t th� Prope�ty, monitor the acti�ities and vperations an the
<br /> Praperty, and confirm that all permits, licenses nr appra�a�s required by any applicabie
<br /> En�irvnmental Law are obtained and cvmpl�ed with.
<br /> H, �rantor will perm�t, or cause any tenant t� perm�t, Lender or Lende�'s agent to en�er and
<br /> inspect the Prap�rty and re�i�w all records at any reasonab�e time tv determine t1 y the
<br /> existence, IoGatian and nature of any Hazar�ous Substance on, under or abaut the Property;
<br /> �Zj the existence, Iocation, nature, and magnitude of any Hazardous Substance that has
<br /> been rel�ased vn, under ar abvut the Prvperty; or �3y whethe� �r nat �rantar and any tenant
<br /> are in Gom�lian�e with applicable En�iranmentaf Law.
<br /> f. Upon Lender's r�quest and at any t'rme, Grantvr agrees, at �rantar's expense, tv engag� a
<br /> qualified en���anmenta! engin�er to prepare an en�ironm�ntal audit vf the Property and to
<br /> submit the results vf such audit to Lender, The choice vf the en���-onmental engineer wha
<br /> will per�orm such audit is subj�ct tv Lender`s a�pro�a�,
<br /> J. L�nder has the right, but not the ��ligativn, to perfarm any vf Grantor's vbligatians under
<br /> this section at Grantvr's expense.
<br /> K, As a consequence at any breach af any representa�tion, warranty or prom�se made in this
<br /> sec�i�n, �1} �rantvr w�ll indemnify and hold Lender and Lender's successors or assigns
<br /> harmless fram and a�a�nst a�� lasses, �laims, demands, liabilities, damages, cleanup,
<br /> response and remediation cvsts, penalties and expenses, inc�uding without limita�ivn all
<br /> costs af litigation and attorneys' fees, whi�h Lsn�er and Lendsr's successvrs or assigns may
<br /> sustain; and t2} at Lender's d�scretion, Lsnder may refease this Security Instrument and in
<br /> return Crantor will prfl�ide Lender w�th collateral of at �east equal �alue ta the Property
<br /> without prejudice to any of Lender's rights under this Security Instrument.
<br /> L, Notwithstanding any of the �angua�e contained in this Security Instrument �o th�
<br /> cvntrary, the terms of this section will sur�i�e any foreclvsure or satisfact�on of #his 5ecu�ity
<br /> Instrument regardless of any passage vf title ta Lender or any disp�s�tivn �y Lender of any or
<br /> a�� af the Prvpe�ty. Any claims and defenses to the cantrary are hereby wai�ed,
<br /> 16. C�NDEMNATf�N. ��antvr will g��e Lender �r�mpt notice af any pending �r threatened
<br /> activn by pri�ate vr publi� entities to pur�hase �r take any vr all of the Pr�perty through
<br /> condemnation, emfnent dvma�n, or any vther means. CrantQr autho�izes Lender tv inter�ene in
<br /> Grantor's name in any of the ab��e described actions �r claims. Grantor assigns to Lender the
<br /> prviceeds of any award or cfaim far damages connected with a cvndemnatian or vther takin� of
<br /> al� Qr any part of the Prvperty. Such proceeds wil� be consider�d payments and wifl be ap�{ied
<br /> as pra�ided in th�s Secu�-ity Instrument. This assignment oi proceeds is subject �v the terms vf
<br /> any prinr mortgage, deed vf trust, secur�ty agreement vr other lien dacumen#.
<br /> 17. ES�R�VII F�R TAXES AND INSURAN�E. Grantvr wili not be required to pay to Lender
<br /> funds far taxes and �nsurance in escraw.
<br /> '18. SU�CESS�R TRLJSTEE. L�nder, at Lender's optivn, may from time tv time rem��e Trustee
<br /> and appoint a suc�essor withaut any nther formality than the designatron in writing. The
<br /> successor trustee, withaut can�eyance of the Prvperty, will succeed to a�� the t�tle, power and
<br /> dut�es confe�red upvn Trustee by th�s Secu�-ity Instrument and applicable law.
<br /> RAYMDND J QC�[VNQR
<br /> Ne6raska Deed q#Trus#
<br /> NE14cross@FSfl�4QQpflpDp94fi2Q1 fiN Wolters Kluwer Financial 5er�ices�1995,2�15 Bankers Page 5
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