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<br />1212/17/99 11 : 4121
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<br />RYAN COMPANIES ~ 612491212931
<br />612 631 5969
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<br />NO.46121 PI2I1121/12111
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<br />e2/17/1999 IB:B9
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<br />612-631-5969
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<br />PAGE 1:1'3
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<br />may be present on the property, and indeJJUJifies. holds harmless and hereby waives. releases and djscharges
<br />forever Seller ti"om any and an present or future claims or demands, and any and all damages. loss. injury,
<br />liability) clllims or costs, in.cluding fines. penalties and judgments, and attorney's fees. arising from or in any
<br />way related to the condition of the property or alleged presence, use, storage, generation, manufacture,
<br />transport, release, 1~ spill, disposal or other handling of any hazardous substances or contaminants in, on
<br />or under the propeny. Losses shall include without limitation (a) the cost of any investigation, removal.
<br />remedial or other response action that is required by any Enviromnental Law. that is required by judicia!
<br />order or by order of or agreement with any governmental authority, or that is necessary or otherwise is
<br />reasonable under the circumstances, (b) capitaJ expenditures necessary to cause the Seller remaining propCTty
<br />or the operations or business of the Seller on its remaining property to be in compliance with the
<br />requirements of any Environmenw Law, (c) Losses for injury or death of any pem>rl, and (d) Losses arising
<br />under any Environmental Law enacted after transfu-. Tbe rights of SeUer under this section shall be in
<br />addition to and not in lieu of any other rights or remedies to which it may be entitled under this document or
<br />otherwise. This indemnity specifically inc.ludes the obligation of Buyer to remove) close, remediate,
<br />reimburse or take other actions requested OT required by any goverrunentaJ agency concerning any hazardous
<br />substances or contaminants on the property.
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<br />The term "Environmental Law" means any federal, stale OT local statute, regulation, code, rule,
<br />ordinance, order, judgment, decree, injunction OT common law pertaining in any way to the protection of
<br />human health or the mviromnent, including without limita1ion, the Resource Conservation and Recovery
<br />Act, the Comprehensive Environmental Response, Compensation and Liability Act, the Toxic Substances
<br />Control Act, and any similar or comparable state or loca11aw.
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<br />The term "Hazardous Substance" means any hazardous, to'tic, radioactive or jnfectious substance,
<br />materia] or waste as defined. listed or regulated under any Environmental Law, and includes without
<br />limitation, petroleum oil and any of its fi1ictions.
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<br />28. Buyer acknowledges that a. material consideration for this agreement, without which it would not be
<br />made, is the agreement between Buyer and SeHer, thai the Buyer shall also pay, at closing, a
<br />processing/administrative fee in the amount of$1,000.00, over and above the agreed upon sale price.
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<br />29. The parties agree the terms, conditioJJS. and addendum provisions of this. agreement shall survive
<br />closing.
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<br />BUYER MUST CLEARLY SET FORTH FULL AND CORRECT NAMES OR PARTY OR
<br />PARTIES TO WHOM TITLE WILL BE CONVEYED~ THEIR ADDRESS, THEIR
<br />RELA TIONSHIP, IF ANY, AND WHETHER CONVEYANCE IS TO BE IN JOfNT TENANCY OR
<br />OTHERWISE~ AND IF A COMPANY, WHETHER IT IS A PARTNERSHlPy TRUST, TRUSTEE
<br />OR CORPORATION, ADDRESS OF PRINCIPAL OFFICE A!~D STATE OF INCORPORATION
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