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<br />-:��'�� � transferability or use of th� Proper�y under any Hazardaus
<br />_-�v;;��. Maxerials Laws.
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<br /> _� (c) Beneficiary, ita contractor.s and ac�ents, are hereby
<br />=-r�'�?�'� granted an easement to enter upon the Premises for the purposes of
<br /> ..�
<br /> .,;_;�;�„�„�w,_,� canduc�ing environmental inve�tigations and audits (inclu�ing , _
<br /> '��'" taking physical samples) and sucYiother action deemed necessary by
<br /> ...��r��' Heneficiary to insure aompliance by Gran�or with all lacal, state
<br /> �"'�'�� or federal laws, rules or regulations. Grantor acknowledqes that
<br /> ;�;`.'��." no adequate remedy at law exists for a violation of the easement
<br /> _:��'"'�" granted herein and agrees that Benef fciary is entit�.ed to spec:ific
<br /> '�'�' '"'� performance of its rights under this easement. The easement
<br />.�.4,24-k�:
<br />= '``=°"` = granted herein shall continue until this Deed is cancelled nr
<br /> ���'�� rele�sed of record.
<br />;�'w;;.,?�°'."�;,
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<br />::����::� (d) Upon the request of Heneficiary, Grantor w 1
<br /> '�k j��:� provide Beneficiaxy from time to time (at Grantor's expense) a
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<br /> ,,a,��:,�� current environmental assessment of the Property within thirty (30
<br /> ° �n,�,�.. days after such reques�. Such assessment shall be in a far.m
<br />�-`''••'�� s�tisfactory t� Beneficiary and shall be prepared by an
<br /> -����?�'� enviroramental. engineer or consultant acceptabl.e �o Beneficiary.
<br />`,'s�'�� ' (e) Grantor hereby agrees t� indemnify Beneficiary and
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<br /> � hold Beneficiary harmless £rom and ag�inst any and aJl claims,
<br />�•�:x^-�.���� loeses, damages, liabilities, fines, penalties, charges,
<br /> ��`'�`` admini�trative and judicial proceedings and order�, judqments,
<br />�~���-�;�.:._ remediaJ. action requirements, en£orcement actions af any kind, and
<br />'�a'�`rt>• all costs and expenses fncurred in conn�ction therewith (including
<br /> -,a:n.�:,
<br /> ;;w��:s�i�., but not limited t� attorneys' fees and expenses) , arising dir�ctly
<br /> - - _ �� i;,�i;.��tly, in �.:�h�le or in nart, out of (i) the presence on or
<br />,ssJl�i`.::.:,��.�
<br />__,:��;��, under the Property of any Hazardous Materials, or any releases or
<br /> discharges of any Hazardous Materials on, under or from the
<br /> - � Property, or (ii) any actfvity carried on or undertakex� on or off
<br /> ��-���_�--T��� the Property, whether prior to or whether by Grantor or any
<br />-._�°�-'��-�jt!�-� predecessor in title or any employees, agents, contraators or
<br /> --��a�r� subr.ontractors of Grantor or any predecessor in title, or any tha.rd
<br /> ~��'_ persons at any time occupying or present on the Property, in
<br /> - -���-�� connection with the handling, treatment, removal, storage,
<br /> "."��" decontamination, clean-up, transport or disposal. of any Iiazardoue
<br /> -�+����
<br /> _��.-,_„�� Mat�erials at any time loaated or present on or under the Property.
<br /> - The foregoing indemnity shall further apply to any residual
<br /> � contamination on or under the Property, or affecting any natuial
<br /> =-��==..�.L-� resources, and to any contaminati�n of any �.r��,e��;� ur natural
<br /> .�.�
<br /> `-� resources arising in connection with the generation, use, handling,
<br /> :�;��N� storage, transport or disposal of any such Hazardous Materials, and
<br />�W-�-��� irrespECtive of whether any of such activities were or will be
<br /> _ ._�.
<br /> undertaken in accordance witYi applicable la��rs, regulations, co es
<br /> ---��. and ordinances.
<br /> ,�.._�,�;�
<br /> _•_�:;�M� 1 .11 Actions Affectlna Premises. To appear in and contest any
<br /> -_� action or proaeeding purporting to affect the security her�of or
<br /> . -.yyl?`�Y�,.
<br /> ,,,,,�,,�^�_ the rights or powers of Benef iciary (other than any action or
<br /> _ ��`:~�� ��`� proceeding solely against Beneficiary which does not arise out of
<br /> �° � -- the relationship between Grantor and Deneficiary) , and to pay all
<br /> - � costs and expenses, includa.ng cost of evidence of title and
<br /> � attorneys' fees actually and reasonably incurred, in �ny such
<br /> action or proceeding in which Beneficiary may appear.
<br /> i� 1.12 Actions bv BenePiciarv to Preserve Premises. That should -
<br /> " � � a ment Qr to do any act as and in the -
<br /> ,.x Grantnr fail to make any p y
<br /> : mannez- provided in any of the Loan Instruments, Beneficiary in its
<br /> � ; own discretion, without obligation so to do and without nokice to
<br /> � or demand upon Grantor and without releasing Grantor from any
<br /> _ _ ` _ „h� ;,,at;nn_ �fter aivinq five (5) days notice (oral or written) to -
<br /> --� -
<br /> -- --�---- • -
<br /> � � Grantor, may make or do the same in such manner and Lo sucn rX�CI�� -
<br /> as Benef iciary may deem necessary �o protect thp cPCUri ty hereof
<br /> (provided, however, such five (5) day noti.ce shall not be required
<br /> if in Beneficiary's go�d faith judgment, such delay might
<br />; ; jeopardize �h� Premises) . In connection therewi�h (without
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