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<br />by any local governmental authority, any agency of the State of California, or any
<br />agency of the United States of America; (H) any substance the presence of which at
<br />the Property causes, or threatens to cause, a nuisance' and/or a trespass upon the
<br />Property, or to adjacent properties, or poses, or threatens to pose, a hazard to the
<br />health or safety of human beings; (I) asbestos (including, without limitation, asbestos
<br />containing materials), petroleum and petroleum based products, urea formaldehyde
<br />foam insulation, polychlorinated biphenyls (PCBs), Freon and other
<br />chlorofluorocarbons, flammable, explosive, infectious,.carcinogenic, mutagenic, or
<br />radioactive materials, petroleum or any substance containing or consisting ` of
<br />petroleum hydrocarbons (including, without limitation; gasoline,. diesel fuel, motor
<br />oil',waste oil, grease or any other fraction of crude oil),' -paints and solvents,•lead;
<br />cyanide,' DDT, printing inks, acids, pesticides, i : ammonium .'•compounds,' k
<br />polychlorinated biphenyls, radon and radon gas, and;eledtromagnetic or magnetic':
<br />materials, substances, or emissions; and (.I) those substances" defined as any�of the
<br />`
<br />foregoing in the regulations adopted and publications ptomul'gated pursuant to each-
<br />of the aforesaid laws.
<br />to
<br />b) For purposes of this Contract, the term "Environmental Requirements" shall mean
<br />all laws, ordinances, statutes, codes, rules, regulations, agreements;_ jddgnrents,:. .
<br />orders, and decrees, now or hereafter enacted, promulgated, or amended, of the
<br />United States; the -states; the counties, the cities, or any other politieal.subdivisions in
<br />whitIrAe>'Property is located, and any other political subdivision; agency -or,'
<br />+'
<br />instidffidntality'exereising jurisdiction over the owner of the Property; the'Property;•
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<br />or the'uSe of the Property, relating to pollution, the protection or regulation' of human
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<br />heaalt1f, natural resources, or the environment, or the emission;'discharge; release'or
<br />s"r
<br />threateried release of pollutants, contaminants, chemicals, 6r'industrialq�toxic; or
<br />Act o;
<br />hazardous substances or waste or Hazardous Materials ihitd'the!!,environment;'
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<br />(including; Without limitation, ambient air, surface water, groundwater=br land'or`
<br />soil).(.
<br />5.2. "As-Is".•Seller:is notifiable-or.bound in any manner by any oral' lot.., written:.statements;.:`
<br />representations:ocinformatiou pertaining to the Property, or the operation thereof; furnished,.,
<br />by any real estate broker;;agent employee, servant or other person.. Purchaser. further•
<br />1 _a I U;N
<br />acknowledges and agrees that. -Purchaser will purchase and accept the;-Property.in its
<br />condition as -of Closing ,:and the Property is and shall be transferred:by Sellecto Purchaser„
<br />in an "AS IS, WHERE. IS, WITH ALL FAULTS. LLABILITIES: 'DEFICH:NCIES, • °
<br />: -+; .
<br />AND DEFECTS; PATENT, LATENT OR OTHERWISE, KNOWN OR UNKNOWN"
<br />condition,-whatever•that•cortdition may be, and that Seller has no:obligations;to_make.-
<br />• ..E-.: ; iii
<br />repairs, replacements or improvements, whether before or after the, Closing. Purchaser,
<br />>. to '.isn:
<br />represents; warrants and covenants to Seller that, Purchaser will solelyrelyupon Purchaser's.:
<br />own investigation and' knowledge of the Property and all other matters relating to the.:'
<br />_:•,ra: ,n,
<br />Property; .and.not on -any information provided or to be provided by Seller,oh'ahyoneacting .:
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<br />on Seller's behalf. -Except as otherwise provided in this Contract, Purchaser further assurnes '
<br />• ., ,,; ri:r
<br />all risk of loss, damage, expense, and liability whatsoever in connection twith,theProperty
<br />(or any portion thereof) from and after the Closing, and Seller shall not be` liable for•any lack
<br />of repair, maintenance, or improvements to the Property.
<br />5.3. Purchaser Indemnity. EXCEPT AS OTHERWISE PROVIDED HEREIN,PURCHASER
<br />HEREBY: AGREES TO INDEMNIFY, PROTECT, DEFEND, ,SAVE, ,.AND HOLD„
<br />5489135.2
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