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r <br />200'708365 <br />dwelling was built prior to 1978 is notified that there is a risk of exposure to lead from lead - <br />based paint that may place young children at risk of developing lead poisoning. <br />2. The Grantee covenants and agrees that it shall not permit the occupancy or use of <br />any buildings or structures on the Property as Residential. Property, as defined under 24 Code of <br />Federal Regulations Part 35, without complying with this section and all applicable federal, state, <br />and local laws and regulations pertaining to lead -based paint and/or lead -based paint hazards. <br />Prior to permitting the occupancy of the Property where its use subsequent to sale is intended for <br />residential habitation, the Grantee specifically agrees to perform, at its sole expense, the Army's <br />abatement requirements under Title X of the Housing and Community Development Act of 1992 <br />(Residential Lead -Based Paint Hazard Reduction Act of 1992). <br />3. The Grantee acknowledges that it has inspected or has had the opportunity to <br />inspect the Property as to its lead -based paint content and condition and any hazardous or <br />environmental conditions relating thereto. The Grantee shall be deemed to have relied solely on <br />its own judgment in assessing the overall condition of all or any portion of the Property, <br />including, without limitation, any lead -based paint hazards or concerns. <br />e. Polychlorinated Biphenyls (PCBs) <br />The Grantee is hereby informed and does acknowledge that equipment containing <br />polychlorinated Biphenyls (PCBs) exists on the Property to be conveyed and that said equipment <br />is owned by Southern Public Power District. <br />L Endangered Species Act <br />The Grantee and its successors and assigns will use the Property in compliance with the <br />Endangered Species Act. The U.S. Fish and Wildlife Service, U.S. Department of the Interior, <br />shall enforce compliance with the Endangered. Species Act against the Grantee, its successors <br />and assigns. <br />g. Land Use Restrictions <br />The Grantor has undertaken careful environmental study of the Property and concluded, to <br />which the Grantee agrees, that the highest and best use of the Property is limited by its <br />environmental condition to commercial /industrial /agricultural uses. In order to protect human <br />health and the environment, promote community objectives, and further the common <br />environmental objectives and land use plans of the Grantor, the State of Nebraska and the <br />Grantee, the following covenants /restrictions /reservations are included in this Deed to assure the <br />use of the Property is consistent with environmental conditions of the Property. The following <br />covenants /restrictions /reservations benefit both the lands retained by the Grantor and the general <br />public welfare and are consistent with the State of Nebraska and Federal environmental statutes. <br />1. Commercial /Industrial /Agricultural Use Restrictions <br />2 <br />