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200307151 any claims arising solely out of the release of any hazardous substance or petroleum product.on the Property occurring after the dale of this Deed, where such substance or product was placed on the Property by the Grantee, or its successors, assigns, employees, invitees, agents or contractors, after the conveyance. This Subsection 1V.b. shall not affect the Grantor's responsibilities to conduct response actions or corrective actions that are required by applicable laws, rules and regulations. c. Polychlorinated Biphenyls (PCBs) Containing Equipment Notification The Grantee is hereby informed and does acknowledge that equipment containing polychlorinated biphenyls (PCBs) exists on the property being conveyed. Southern Public Power District (SPPD) owns said equipment. V. GENERAL EXCEPTIONS TO CONVEYANCE This conveyance is expressly made subject to the following matters to the extent and only to the extent the same are valid and affect the Property: a. All existing permits, easements and rights -of -way for public streets, roads and highways, public utilities, electric power lines, electric transmission facilities, recreational trails, railroads, pipelines, ditches and canals on, over and across said land, whether or not of record, including but not limited to the following: - 1. Easement DACA45 -2 -99 -6157 granted to Hall County for road rights -of -way. 2. Easement DACA45 -2 -00 -6023 granted to Hall County for road rights -of -way. 3. Easement DACA45 -2 -97 -6024 granted to Southern Nebraska Rural Public Power District for overhead electric power lines. 4. Easement DACA45 -2 -01 -6078 granted to City of Grand Island for recreation trail rights -of -way. Grantee is not permitted to disturb the area lying within the recreation trail easement. b. Any zoning laws, ordinances, or regulations governing the subject property or regulations of other regulatory authorities having j wisdiction. c. Matters which would be disclosed by a careful physical inspection of the property or the property records and by a properly conducted survey of the property. d. Any survey discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments, or protrusions, or any overlapping of improvements that may affect the property. e. All existing interest(s) reserved to or outstanding in third parties in and to coal, oil, gas, and /or minerals.