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200906907
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Last modified
8/21/2009 3:59:15 PM
Creation date
8/20/2009 4:53:45 PM
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DEEDS
Inst Number
200906907
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~oo9ocoo~ <br />b. Environmental Baseline Survey (EBS) and Finding of Suitability to Transfer <br />(FOST) <br />1. The Grantee has received the technical environmental reports, including the <br />Environmental Baseline Survey for the Property dated 9-20 November 1998 and the FOST for <br />the Property dated February 2009 prepared by the Grantor, and agrees, to the best of the <br />Grantee's knowledge, that they accurately describe the environmental condition of the Property. <br />"T'he Grantee has inspected the Property and accepts the physical condition and current level of <br />environmental hazards on the Property and deems the Property to be safe for the Grantee's <br />intended use. <br />2. If an actual ar threatened release of a hazardous substance or petroleum product is <br />discovered on the Property after the date of the conveyance, whether or not such substance was <br />set forth in the technical environmental reports, including the EBS, Grantee ar its successors or <br />assigns shall be responsible for such release or newly discovered substance unless Grantee is <br />able to demonstrate that such release or such newly discovered substance was due to Grantor's <br />activities, ownership, use, or occupation of the Property. Grantee, its successors and assigns, as <br />consideration for the conveyance, agree to release Grantor from any liability ar responsibility <br />far any claims arising solely out of the release of any hazardous substance or petroleum product <br />on the Property occurring after the date of this Deed, where such substance or product was <br />placed on the Property by the Grantee, or its successors, assigns, employees, invitees, agents or <br />contractors, after the conveyance. This Subsection IV.b. shall not affect the Grantor's <br />responsibilities to conduct response actions or corrective actions that are required by applicable <br />laws, rules and regulations. <br />c. Land Use Restrictions <br />The Grantor has undertaken careful environmental study of the Property and concluded, <br />to 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, State of Nebraska and Grantee, the <br />following covenants/restrictions/reservations axe included in this deed to assure the use of the <br />Property is consistent with environmental conditions of the Property. The following covenants/ <br />restrictions/reservations benefit both the lands retained by the Grantor and the general public <br />welfare and are consistent with the State of Nebraska and Federal environmental statutes. <br />1. Commercial/Industrial/Agricultural Use Restrictions <br />(a) The Grantee covenants far itself, its successors and assigns, that the Property shall <br />be used solely for commercial/industrial/agricultural purposes and not for residential purposes, <br />the Property having been remediated only for commercial/industrial/ agricultural uses. <br />Commmercial, industrial and agricultural uses include, but are not limited to, administrative/office <br />
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