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200408871
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Last modified
10/16/2011 8:35:23 PM
Creation date
10/21/2005 4:03:16 AM
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DEEDS
Inst Number
200408871
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200408871, <br />(5) Any Remediation or Enforcement Action in any way connected with the <br />Property; <br />(6) Any breach of the Borrower's covenants or any breach or misrepresentation of <br />Borrower's representations and warranties in this Instrument or other Loan Documents; <br />(7) Any loss of priority of Lender's title (or lien on) the Property directly or <br />indirectly arising out of or in any way relating to any of the foregoing or any imposition of any <br />lien or other encumbrance on title to the Property or indirectly arising out of or in any way relating <br />to any of the foregoing; <br />(8) Any personal injury, wrongful death, or property damage arising under any <br />statutory or common law tort law theory, including but not limited to damages assessed for the <br />maintenance of a private or public nuisance on or for the conducting an abnormally dangerous <br />activity on the Property. <br />(9) Any other matter relating to any environmental condition of the Property, to <br />Contaminants in connection with the Property or migrating to or from the Property, or to any <br />Environmental Laws. <br />Borrower understands, acknowledges and agrees that its liabilities to Lender pursuant to this <br />indemnity shall be binding upon Borrower regardless of whether conditions described in this paragraph <br />resulted from acts or omissions of Borrower, its predecessors in interest, or any other person or from <br />circumstances (whether or not on the Property) which occurred or existed prior to the date hereof. <br />Borrower's liability hereunder shall not be limited in any respect by the terms of any paragraph of the Note <br />limiting Borrower's personal liability, and shall survive and continue beyond foreclosure of this Instrument, <br />deed in lieu of foreclosure and payoff or discharge of the Note and release of this Instrument and the other <br />Loan Documents for environmental conditions that existed or occurred prior to completion of foreclosure, <br />deed in lieu of foreclosure or release of this Instrument. <br />C. Covenants, Representations and Warranties. Borrower covenants, represents and <br />warrants to Lender that: <br />(1) To the best of Borrower's knowledge and belief, after due inquiry and <br />investigation, the Property is free of any Contaminants and neither Borrower nor any other person <br />(including but not limited to prior owners, occupiers and tenants) has ever caused or permitted any <br />Contaminant to be manufactured, placed, generated, stored, held, transferred, processed, produced, <br />transported or disposed on, at, through or under the Property nor any property adjacent thereto has <br />even been used (whether by Borrower or, to the best knowledge of Borrower, by any other person) <br />as a location for the manufacture, placement, storage, location or disposal of any Contaminants, <br />other than ordinary cleaning solvents and lawn chemicals stored or used in ordinary quantities for <br />routine management of the Property. <br />(2) Neither Borrower nor, to the best of Borrower's knowledge and belief, any other <br />person (including but not limited to prior owners, occupiers and tenants) has ever caused or <br />permitted any Contaminant to be manufactured, placed, stored, located or disposed of on, under or <br />at any other real property owned, occupied (under leases or licenses or otherwise) or operated by <br />Borrower, except in compliance with applicable Environmental Laws. <br />(3) No lien has or is currently attached to any revenues or any real or personal <br />property owned by Borrower (including but not limited to the Property) as a result of any <br />Governmental Authority expending monies as a result of any alleged Release or the existence of <br />any Contaminant on or about the Property or a breach of an Environmental Law. <br />156698 -1 -14- <br />
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