|
�. f •��M�UY��iI�( IfWl.`Yl , .
<br /> . •.-Fxr�wrlaM=.G�%(..r,�.. .
<br /> � ..:1:�f�V:'�F'�1'¢;'�I�`',�,�?•. . .. , .. . _ .,
<br /> .��. n..•... . , -
<br /> ......,�.J�J.4.nVGt�i�S.^�ti.-+�M^ir.fw-.��.. . _�...�"".�.e-� ... _— -..-- ... __ _.—� ___. __-__._.-. .
<br /> � fi.1i�.�fs F'���, �+�sr�� PHo No. fi:i8 .
<br /> +
<br /> (i) that the tocatlan,ccanstructiun,occupan.ry,o��rra4lan and us�of the Mortga�ed
<br /> property do nr�t vlolate any ap�plicable faw, statute, crrdinance, rule, regulatlon, order or
<br /> d�term(natinn c�f any�overnment�l authoriry or any bo�rd of i(re untlerwritRrs(nr oth�r�iody
<br /> exercising simllar functlans), ar any restrictive �ovenant or deed restrictian irecqrd or
<br /> otherwise) affPCting the AAortgaged Property, inciuding, withaut limication, all applicable
<br /> zoning ordinances and building codes,fl�oci disaster laws and health and environmental laws
<br /> a►id regul�ttions(hereinafter sometimes collectiv�ly callsd/1pp1(cable Regulations"3;
<br /> (ii) that the Mutt�ager9 Pn�perty and Truator arr�not in vialalion of or sauject to a�iy
<br /> existing,penc�ing or threatsned investigatian or inquiry bp antir gavornmental authority or to
<br /> a�y r�medial obligations undfsr any Applicabls R.egulati�ns pert�ining to health or th�
<br /> environm�nt (herein�fter somntimes collectively called "Applicable Enviranmental Laws"),
<br /> includin�,witho��t timitation,tho Camprehensive Em�ironmental Rc�ponse,Compensation,and
<br /> Liability Act of 1980,as amended("GERCU!"),and the Rese�urce Conservati�n and Recovery
<br /> Ae:oi i97b ("RCRA"f,a��d t��is�e�:,�e�eitatia�and waranty wautd ca�►tinue to!�tru2 ar�
<br /> correct fallowirig disclosure to the applicable govemmental authoritles of all relevant facts,
<br /> condiifons and circumrstances, if any, pertainfng to the Mort�aged Prop�rty. If any such
<br /> investigatir�n or inquiry(s subsequently initiated,Trustor will promptly r+otify BenQficiary;
<br /> (iii) thatTru�tor has not oi�taineci and is not re.quired to o�tain any permits,{icenses or
<br /> �i�nila� autharizations to construct, occupy, operate or use any buildings, improvements,
<br /> fixtures and equipment formin�a pa�t of the Mortgaged P�operty by reason of any ApplicabEe
<br /> Environmental Laws;
<br /> {j:'; I�l�I ��:lS*..^,i �5 �.��.".,[2 3!I �2�D5 tL' r�°tMlY4�tlP 3lIL� 41ac rlpl?fiIl!!!wl t� !�c
<br /> ;r�asonable satisfaction tha*.no hazarclous substances or safid wastes have been dis�►osed af or ,
<br /> irtE'�erwise released on or,about the Morigaged P�a�rty; ,
<br /> (v) that the Mortgaged F'rop�rty doss not contain asb�stos,ureaformafdehyde foam
<br /> �,:,: .� En��ilation or any other chemip{,material or substan�s exposure to which may or could pase
<br /> a.health hatard, whether or nnt the substance is prohibited, limited or regulated by any
<br /> govemmental authority;
<br /> . (vi? :'� that the use which 7rustor makes and inte�ds ta make vf the Mortgaged
<br /> ����, Property wilM not result(�►Yhe manufacturing,tr�atment,refrning,transportation,generation,
<br /> stora�e,dis�wsal or other.�elease or presence o6�tiy�hazardous substance ac solid waste on or
<br /> ta the Mortgaged Propr!fty: For purposes of thi3 5�ction 1.25,the terms"hazarrlous substance" ; :
<br /> ..:., and"release�."'skia�l have the mcanic�gs spec:ified in CERCLA,and the terms"solid wastc",and ::r,:;f�.�;
<br /> � �(..,.; "disposal"(d�;.�'clikpose�l"�shail have the meanings specified in RCRA;provided,in th�:.�event , �•.:•::;;�>��
<br /> � ,either CERCtA or RCRAis:�mendeci so as to broac;��the meaning of any term-defined'ttie�y, '� �':�
<br /> such broader meaning§Hall apply subsequent t��he effectivQ date of suc�•a•rriendm��4,:and ��,;�;;;'
<br /> �x+ovided,fu►ther,to the extent that the laws of th�,'state where the Property is(�ted�.4t�,#�lish �
<br /> a meantng far"hazar�lous substance,""release," "solid waste"or"disposal"which��';br�der
<br /> than that sp�Cified in either CERCLA mr RCRA,su�4�broader meaning shall apply; '
<br /> (vi�) Trustor agrQe�4o prompt{��notify BenE�iciary of any violation or aileged violation . �
<br /> af any Applicable Enviro`rilme�ta{.Laws af which T�ustor becomes aware;and ,.
<br /> ' (viii) Trustora�ees to tndemnify and hold harmless Benefic+ary from and against aroy
<br /> and all liabilities,damag�s;cl�►ims, losses,judgm�nts,c�uses of action,ccesis and expenses
<br /> � , (including ti�e reasonable feey and expenses of ca��rasel)which may be incurred by�eneficiary
<br /> - � ;� � . relating to or arising out of the genetation, s�flrage, manufacturing, refining, rele�,sin�,
<br /> � transportation,tm,atment,disposal or other presence of hazar�a�us substances on or abcaenF the
<br /> S � Mongaged Property occurring prior to the reeanveyance of the Mortgageti Property,
<br /> ; canveyance in lieu of foreclosure or the comptetian of f�reclosure proceedings and termination
<br /> of nossession hv Trustor.
<br /> _ Sectiori 1.26. Q��iZitiQil;,l2t1�,SYth�?Yj'latl�ll. Trustc�r has the requisite power,authoriry and
<br /> . legal right to rarry on the l�usi�oess conductec�by it and to engage in the transactions contemplated by
<br /> � the Loan �Documents t4 which it is a party. The�xecutiun and delivery of the Loan nacuments to
<br /> which it is a party and the perfiormance and obsecvance of the provisions thereof have all been
<br /> ; autkorized by all necessary actions of Trustar.
<br /> Section 1.27. jj�jlit+e�C , ianr with O�In9 ng��. Trus4or has no(iabilities except
<br /> hereunder and those incurr�l in the ordinary course of business and which are not delinqu�nt or�vhich
<br /> ai�e Qtherwise cuntemplated or permitted by this t�eed of Trust and the other Loan Documents to wt�ich
<br /> 10
<br />
|