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<br /> a copy of all notices delivcred or received by Borrower in �onnectioa with ihe Permitted
<br /> Exccptiars,(vii)Lender has the right to contact the other parties to the Permitted Exceptions
<br /> to conFrm the status thereof,and Boaower shall, from time to time, at the request of
<br /> Lender,request of such parties a certificate confirming such infoimation regarding the
<br /> Permitted Exceptions as I,ender may request,and(viii)Bortnwer shall forever warrant and
<br /> defend the Property unto Lender against all claims and demands of any other person
<br /> whatsoever, subject only to non-delinquent taxes and assessments znd the Pormittcd
<br /> Exceptions. .
<br /> I.2 Non- ericultura]Use. The.Property is not used principally for agricultural
<br /> or farming ptuposes,and Bo�rower so represents and warrants to Lender.
<br /> I.3 Hazazdous Substances.
<br /> (a) �eor c ntatione nd W R ntie�. Borrower represents and warrants to
<br /> Lender,to the best of its Imowledge after due and diligent inquiry and inspection,thal(i)no
<br /> asbestos has ever bcen used in the construction,repait or maintenance of any Improvements;
<br /> (ii)no Hazardous Substance is curzently being gencrated,processed, stored, transported,
<br /> handled or disposed of,on, under or in the Property or any property adjoining the Property,
<br /> except in accordance with all applicable laws, (iii) neither Borrower nor any other person or
<br /> entity hu ever caused or pemiitted any Hazardaus Substance to be generated,processed,
<br /> stored, h�ansported,handled or disposed of,on,under or in the Property, except in
<br /> compliance wich all applicable laws,(iv)there is no actual or alleged violation with respect
<br /> to the Property of an�fedcral,state ar local statute,ordinance,rule, regulation or other law
<br /> pertaining to Hazardous Substances,(v)there is no aclion or proceeding pending before or
<br /> appealable from any court,quasi judicial body or administrative agency relating to
<br /> Hazardous Substances affecting or alleged to be affecting the Property,and(vi)there aze not
<br /> now and never have been any underground or above-ground storage tanks on the Property.
<br /> (b) S�4Yt�II1. Hoaowa covenants and agrees that Hazardous Substences
<br /> will not be generated,processed, stored, transported,handled or disposed of on the Property
<br /> by any person or entity, except in accordance with al] applicable laws.
<br /> (c) I2c�nitiQn. "Hazardous 5ubstance"means petroleum,petroleum
<br /> product,natural or synthetic gas, asbestos,urea formal3ehyde,radon gas,polychlorinated
<br /> biphenyls,and any substances or materia!which may be hazardous to the heaith or safety of
<br /> any person,including any substance which now or hereafter becomes regulated undet any
<br /> federal,state or local statute, ordinance,rule,regulation or other law relating!o ,
<br /> environmental protection,contamination or cicanup.
<br /> (d) Notification:�pyp. Borrower shall immediately notify Lender if
<br /> Borrower becomes ewaze of(i)any Hazazdous Substance pmblem or lia6ility with respect to
<br /> the Yroperry,(ii) any actual or a]leged violation with respect to the Property of any federal,
<br /> state or local statute, ordinance,rule,regulation or other law pertaining to Hazazdous
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<br /> 98060I0984
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