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DocuSign Envelope ID:758215CF-OA18-45F8-8807-AB90F35D5BA2 <br /> (i) "Hazardous Material" means petroleum products, any flammable explosives, <br /> radioactive materials, asbestos or any material containing asbestos, and/or any <br /> hazardous, toxic or dangerous material defined as such in or for the purpose of the <br /> Environmental Laws. <br /> (ii) "Environmental Laws" means the Comprehensive Environmental Response, <br /> Compensation and Liability Act, the Hazardous Materials Transportation Act, the <br /> Resource Conservation and Recovery Act, any "Superfund" or "Superlien" law, or <br /> any other federal state or local law, regulation or decree regulating relating to or <br /> imposing liability standards of conduct concerning any petroleum products, any <br /> flammable explosives, radioactive materials, asbestos or ally material containing <br /> asbestos, and/or hazardous, toxic or dangerous material, as may now or at any <br /> time hereafter be in effect. <br /> f. The obligations and liabilities of Borrower under this section shall survive the <br /> foreclosure of the Deed of Trust, the delivery of a deed in lieu of foreclosure, the <br /> cancellation of the Note, or the sale or alienation of any part of the Premises or the <br /> Land. <br /> 17. Statute Inapplicable. The provisions of § 45-45.1 of the North Catalina General <br /> Statutes, or any similar statute hereafter enacted in replacement or substitution thereof shall be <br /> inapplicable to this Deed of Trust. <br /> 18. Definition. As used herein, the terms `Borrower," "Trustee", "Lender" other terms <br /> shall refer to the singular, plural, neuter, masculine and feminine as the context may <br /> require and shall include, be binding upon, and inure to the benefit of their respective <br /> heirs, successors, legal representatives, and assigns. <br /> 19. Future Advances (Check if applicable). If this paragraph is checked, this Deed of <br /> Trust is given wholly or partially to secure future obligations which may be incurred hereunder <br /> pursuant to the provisions of Sections 45-67, et seq., of the North Carolina General Statutes; the <br /> amount of present obligations secured hereunder is and /100 Dollars <br /> ($ ); the maximum amount (including present as well as future advances) to be advanced <br /> hereunder shall not exceed the face amount of the Note, provided such future obligations are <br /> incurred not later than ( ) years after the date of the Note; and no <br /> execution of a written instrument or notation shall be necessary to evidence or secure any future <br /> advances made hereunder. <br /> [SIGNATURE PAGE TO FOLLOW] <br /> 30 <br />