20soooi4~
<br />compliance with all Environmental Laws) by all lessees of space in the
<br />Improvements, and, without limiting the generality of the foregoing, during the
<br />term of this Security Instrument, shall not install in the Improvements or permit to
<br />be installed in the Improvements asbestos or any substance containing asbestos or
<br />potentially asbestos containing substance.
<br />(c) Borrower shall promptly notify Lender if Borrower shall become aware of the
<br />possible existence of any Hazardous Substances (except those substances
<br />disclosed in the Environmental Report delivered to Lender and those substances
<br />stored, used ar sold by Borrower, Lessee or other tenants of the Mortgaged
<br />Properly in the ordinary course of their respective business and in compliance
<br />with all Environmental Laws) on the Mortgaged Property or if Borrower shall
<br />become aware that the Mortgaged Property is or may be in direct or indirect
<br />violation of any Environmental Laws. Further, promptly upon receipt of the
<br />same, Borrower shall deliver to Lender copies of any and all orders, notices,
<br />permits, applications, reports, and other communications, documents and
<br />instruments received by Borrower pertaining to the actual, alleged or potential
<br />presence ar existence of any such Hazardous Substances (except those substances
<br />stored, used or sold by Borrower, Lessee or other tenants of the Mortgaged
<br />Property in the ordinary course of their respective businesses and in compliance
<br />with Environmental Laws) at, on, about, under, within, near or in connection with
<br />the Mortgaged Property. Subject, to the terms of the Lease, Borrower shall
<br />promptly and when and as required by any Environmental Laws, at Borrower's
<br />sole cost and expense, take, or cause Lessee to take, all actions as shall be
<br />necessary, or advisable for the clean-up of any and all portions of the Mortgaged
<br />Property, including, without limitation, all investigative, monitoring, removal,
<br />containment and remedial actions in accordance with all applicable
<br />Environmental Laws (and in all events in a manner in compliance with the
<br />requirements of the Lease), and shall further pay ar cause to be paid, at no
<br />expense to Lender, all clean-up, administrative and enforcement costs of
<br />applicable governmental agencies which may be asserted against the Mortgaged
<br />Property. In the event Borrower fails to do so, but. subject to the terms of the
<br />Lease, Lender may, but shall. not be obligated to, cause the Mortgaged Property to
<br />be freed from any Hazardous Substances (except those substances stared, used or
<br />sold by Borrower, Lessee or other tenants of the Mortgaged Property in the
<br />ordinary course of their respective business and in compliance with, all
<br />Environmental Laws) pr otherwise brought into conformance with Environmental
<br />Laws and any. and all costs and expenses incurred by Lender in connection
<br />therewith, together with interest thereon at 'the Overdue Rate from the date
<br />incurred by Lender until .actually paid by Borrower, shall be immediately paid by
<br />Borrower on demand and shall be secured by this Security Instrument and by all
<br />of the other Loan Documents securing all or any part of the indebtedness
<br />evidenced by the Note. Borrower hereby grants to Lender and its agents and
<br />employees, subject to the rights of Lessee under the Lease, access to the
<br />Mortgaged Property and a license to remove any .Hazardous Substances (except
<br />those substances stored, used or sold by Borrower; Lessee or other tenants of the
<br />Mortgaged Property in the ordinary course of their respective business and in
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