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<br />',' <br /> <br />, , <br /> <br />200600527 <br /> <br />judgments, costs and attorney's fees arising out of, or in a manner predicated upon personal <br />injury, death or property damage resulting from, related to, caused by or arising out of lead-based <br />paint hazards on the Property if used for residential purposes. <br /> <br />8. The covenants, restrictions, requirements and obligations of this Subsection IV.c. <br />shall be binding upon the Grantee, its successors and assigns and all future owners and shall be <br />deemed to run with the land. The Grantee on behalf of itself, its successors and assigns <br />covenants that it will include and make legally binding, this Subsection IV.c. in all subsequent <br />transfers, leases, or conveyance documents. <br /> <br />d. Notice of the Presence of Asbestos and Covenant <br /> <br />1. The Grantee is hereby informed and does acknowledge that friable and non-friable <br />asbestos or asbestos-containing materials ("ACM") has been found on the Property, as described <br />in the EBSs/FOST. The ACM on the Property does not currently pose a threat to human health <br />or the environment. All friable asbestos that posed a risk to human health has been removed. <br /> <br />2. The Grantee covenants and agrees that its use and occupancy of the Property will be <br />in compliance with all applicable laws relating to asbestos; and that the Grantor assumes no <br />liability for future remediation of asbestos or damages for personal injury, illness, disability, or <br />death, to the Grantee, its successors or assigns, or to any other person, including members of the <br />general public, arising from or incident to the purchase, transportation, removal, handling, use, <br />disposition, or other activity causing or leading to contact of any kind whatsoever with asbestos <br />on the Property, whether the Grantee, its successors or assigns have properly warned or failed to <br />properly warn the individual(s) injured. The Grantee agrees to be responsible for any future <br />remediation of asbestos found to be necessary on the Property. <br /> <br />3. Unprotected or unregulated exposures to asbestos in product manufacturing, <br />shipyard, and building construction workplaces have been associated with asbestos-related <br />diseases. Both the Occupational Safety and Health Administration (OSHA) and the EP A <br />regulate asbestos because of the potential hazards associated with exposure to airborne asbestos <br />fibers. Both OSHA and EP A have determined that such exposure increases the risk of <br />asbestos-related diseases, which include certain cancers and which can result in disability or <br />death. <br /> <br />4. The Grantee acknowledges that it has inspected the Property as to its asbestos <br />content and condition and any hazardous or environmental conditions relating thereto. The <br />Grantee shall be deemed to have relied solely on its own judgment in assessing the overall <br />condition of all or any portion of the Property, including, without limitation, any asbestos <br />hazards or concerns. <br /> <br />5. The Grantor assumes no liability for any damages to person or property, and gives <br />no warranties, either express or implied, with regard to the presence or absence of asbestos or <br />ACM in buildings and structures, or whether the Property is or is not suitable for a particular <br />purpose. The Grantee further agrees to indemnify and hold harmless the Grantor, its officers, <br /> <br />7 <br />