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<br /> or in part, for the costs or cleaning up, remQdsating or �
<br /> � responding to a release of hazardous substances (includinq,
<br /> without limitati.on, petroleum, its by-products or derivatsves¢ oz
<br /> . other hydrocarbons); (iv) any of the Grantor•s progerty or assets
<br /> are subject to a lien in favor of any qovernmental b�dy for anl
<br /> liability, costs or damages. uader federal, state or local
<br /> environmental law, rule or regulation ariaing fror.� or costs
<br /> incurre8 ay such gevernmental entity in resgonse to a release of
<br /> a hazardous substance (including, without li�itati�n, petroleu�p
<br /> its by-products or derivatives, or other hydrocarbons). Fn the ,
<br /> event that Grantor receives any notice of the type descral�8c� in
<br /> this Section 30, Grantor shall pramptly provide a copy to
<br /> Beneficiary, anci in no event, later than fifteen (15} days �rom
<br /> Grantor's receipt or submission thereof.
<br /> 31. Use af Prop�rty and Facilities. Csantor
<br /> r�P�esents and warrants that tcr the best o€ its knowledge, after
<br /> r��e inquisp, except to the extent tbat no applicabl� Governmenta�
<br /> Regulatic�n.s were, are or will be vio�.ated in connection there- � �
<br /> � �iths i� has never in the p�st enqaged in, and agrees that in
<br /> Y1ie future it shall not canduct, any business, operations or
<br /> ���tivity on the t�:.�rtgaged Premises, or�employ or use the personal
<br /> �ptoperty or facilities, to manufacture, use, generate, treat,
<br /> store� transport or di�pose of any hazardous substance
<br /> �including, withaut limitatiorc, petroleum, its deriv��ives ar by-
<br /> �roducts, or other hydrocarbons� , or any other substance which is
<br /> �S�Qhibited, controlled or regulated under applicab�e law, or
<br /> sa�ich poses a threat or nuisanre to saC2ty, health er the
<br /> environment► including, without limita�y�sn, any business,
<br /> aLaeration or activity which would bring �r�ntc��, its property or
<br /> facilities, within the ambit of the the Reso�,��e Conservation and �
<br /> Rec�very Act of 1976, as amended by the 5eli�C and Hazardous Waste �
<br /> Amendments of 1984, 92 U.S.C. 56901 et se�a ., the Cor�prehensive " �
<br /> Environmental Response, Compensation and Liabzlity Act of 1980, �
<br /> as amended by the Superfund Amendments and Reauthorization Act of '
<br /> 1986, 42 U.S.C. $9601 et seg. , the Clean Air Act of 1966, as �
<br /> amended. 42 L3.S.C. 57401 et s�. , or any similar state, county, ��' ..-�
<br /> regional or local statute,—law, regula�ion, rule or ordinance, -
<br /> including, without limitation, any state statute pravi3ing for
<br /> fimanaial respor�sibility for cleanup for the release or
<br /> threatened rele�c�e of substances pravided for thereunder.
<br /> � Mortgagor agrees to diligently pursue remediation of the -
<br /> findings, observatians 4na p��en�ia3. roncerns described in the � �
<br /> Environmental Audit and to can�inue its program of testing,
<br /> reQOVai and remediation of undergxound storage tanks and �r
<br /> associated contaminatian, if any, in accord with the schedule '
<br /> heretofore submitted to Mortgagee and to in any event complete
<br /> the remediation of each of s�ach pri�r to tbe time that the same
<br />' has a material a�3werse impact o� the financial candition of the
<br /> Mortgagos or materially inte�feres with the use and operation of
<br /> the Mortgaged Psemises for its intended purposes. The provisions
<br /> of this Section 31 shall apply ta a11 real and personal pro��zty,
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