Orange County NC Website
classified by federal, State or local laws as hazardous or toxic substances, <br />(C) that any manufacturing, landfilling or chemical production has occurred <br />on the Mortgaged Property, or (D) that there is any asbestos or other <br />contaminant on, in or ulzder the Mortgaged Property. <br />{ll) To the County's knowledge, the Mortgaged Property is in <br />compliance with all federal, State and local environmental laws and <br />regulations. The County will keep the Mortgaged Property, and the activities <br />at the Mortgaged Property, in compliance ti~Tith all such en~Tironlnental la«rs <br />and regulations. The County will, in a timely manner, take all lau~~ful action <br />necessary to maintain such compliance or to remedy any lack of such <br />compliance. Any hazardous materials or substances kept on the Mortgaged <br />Property uTill be used in the routine maintenance and operation of the <br />Pledged Facility and the Pledged Site and will be used in accordance with <br />label instructions. <br />{111} The County will promptly notify the Company of any change in <br />the nature or extent of any hazardous materials, substances or wastes <br />maintained on, in or under the Mortgaged Propert~r or used in connection <br />therewith, and will promptly send to the Company copies of any citations, <br />orders, notices or other material governmental or other communication <br />received with respect to any other hazardous materials, substances, wastes or <br />other environmentally regulated substances affecting the Mortgaged <br />Property. <br />(b) To the extent permitted b5' law, the County will indemlufy and hold <br />the Company and the Deed of Tn~st Trustee harmless from and against (i} any and <br />all damages, penalties, fines, claims, liens, suits, liabilities, costs (including clean- <br />up costs), judgments and expenses {including attorneys', consultants' or experts' <br />fees and expenses) of every kind and nature suffered by or asserted against the <br />Company or the Deed of Trust Trustee as a direct or indirect result of an~j warranty <br />or representation made by the County in subsection {a) being false or untrue in any <br />material respect, or (ii) any requirement under any lau~• or regulation which requires <br />the elimination or removal of any hazardous materials, substances, ti~Tastes or other <br />environmentally regulated substances by the Company, the County or any <br />transferee or assignee of the County of the Company. <br />{c) The County's obligations under this Section will continue in effect <br />nohvithstanding satisfaction of the Obligations or foreclosure under this Deed of <br />Trust or delivery of a deed in lieu of foreclosure. <br />9336Ud' ~) <br />