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DocuSign Envelope ID:847BA5A1-CA01-4305-A31D-3C3DABB304E8 <br /> (iv) any warranty or representation made by Borrower in this section being false or <br /> untrue in any material respect. <br /> e. For purposes of this Deed of Trust: <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 time <br /> 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 shall <br /> refer to the singular,plural,neuter, masculine and feminine as the context may require and <br /> shall include,be binding upon, and inure to the benefit of their respective heirs, successors, <br /> legal representatives, and assigns. <br /> 19. Future Advances(Check if applicable). If this paragraph is checked,this Deed of Trust <br /> is given wholly or partially to secure future obligations which may be incurred hereunder pursuant <br /> to the provisions of Sections 45-67, et seq., of the North Carolina General Statutes; the amount of <br /> present obligations secured hereunder is and /100 Dollars ($ ); <br /> the maximum amount (including present as well as future advances) to be advanced hereunder <br /> shall not exceed the face amount of the Note, provided such future obligations are incurred not <br /> later than ( ) years after the date of the Note; and no execution of a written <br /> instrument or notation shall be necessary to evidence or secure any future advances made <br /> hereunder. <br /> [SIGNATURE PAGE TO FOLLOW] <br /> 33 <br />