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The Developer' acl?i?a??ledges that it is a??ar•e of and familiar wltli the pra?rsrans
<br />of ectian t X42 of the ?llfarr?ia i?il bode ?hich ?z"o?id a folla??s:
<br />"? EN?RAL RELEASE DOES SOT ETED TD LAM
<br />?IIH THE REDITR DDES CDT RNA DR UPET
<br />T? EXIST I HIS FA??R AT THE TIME DF E?L?Tt?
<br />THE R?L?ASE, HRH ?? ??? ?? HIM MIST HAKE
<br />MATERIALLY A'p'E?TE? CIS SETTLEMENT KITH THE
<br />DEBT?R??}
<br />upon the effecti?er?es ofthe relcase set fa?•tl? i?? this Section ???,?, tl?e I?e?eloper
<br />??ai?res anal a?elinq??isl?es all rights at?d benefits ??Tl?lch It may ha??e urider• Section IS?? of the
<br />alrfor"nla 111 fade,
<br />DG?? Deve?apcr Pr?ec??rtiarrs After ?lasiiig, C?poi? tl?e dosing of at?y Pl?asc,
<br />the I?c?clapei' shall take all reasar?able precautiar?s to pre?erit the release into tl?e eriviror?rnet?# of
<br />ar?y Hazrdo?rs Materials in ?lalatiax? of la?v Mich arc located iii, on or• under the portion of fhe
<br />Site associated ???ith such Pllase? Such p?•ecautians shall include compliance with all
<br />o?err3met?tal Rcqul?'ernerrts itl? respect to Hazarda«s Materials, 7n addition, tl?e De?elaper
<br />shall install a??d utilize srrcl? e?rripmcnt and implerrrer?t and adhcr•e to s??cll proced??res a are
<br />cot?ststerlt ??itl? car?nr?nercially reasanable sta??dards as respects the dlselasut"e, starae, use,
<br />rerrro?al and dispasal of I?azar•dous Mater'?als,
<br />??. Required Diselastires After Iosilrg? After #lYe Closing of a??y Phase, tl?e
<br />I?e?elopcr' shall notify tl?e Agency, and pra?ide to tl?e Agency a copy or• copies, of ail
<br />en?ii•on?r?e??tal permits, disclasrr?'es, applications, entitlements or• inquiries r•elatir? to the por•tiat?
<br />of the Srte rricluded rtl?it? s?zcl? Pl?asc, incl??din rlatices of ?iolat?oi?, notices to comply,
<br />crtatrons, ir?c?u.lr•les, clean-yip or• abatement or•dcrs, cease at?d desist orders, reports filed pursl?ant
<br />to scl?»r'epai•#in r'equirci?er?ts and repasts filed or ppllcatiat?s r?nade purs??at?t to any
<br />o?errlmental Re??tire?rrer?t r•elati??g to ?azardarrs Matcr'ials ar?d underground tar?l?s, After the
<br />Closing ?vitl? respect to at?y Phase, tl?e De?reloper shall report to the Agency, as soon as passible
<br />after cash incident, any unusual ar potentially irnpor•ta??t i??cide??ts ?vitl? ?•espect to the
<br />En?ir•ot?tr?ental Car7ditiarr of tl?e par?ion of the Site irlcl??ded ??ritl?in st?cl? Phase,
<br />Af?cr tl?e Closing of at?y Pl?ase? the e?er?t ??' a release of any I-Iazar•dou Materials
<br />lr?ta tl?e erl?lrot?tner?t in violation of la?? on s??cl? Phase, the De?elaper shall, as saat? as passible
<br />afters tl?e release, furnish to the Agency a copy of any at?d all a"cpo?°ts relating thei"eta and copies
<br />of all cor•x•espaxadcnce ?vitl? gavcr'nmental agencies relating to tl?e release, I1por? request, tl?e
<br />Developer shall f??t•nisl? to tae A.et?cy a capy or copies of any and all afher• er?vir•anmental
<br />entitlements or ingr?iries relating to or affecting the Site incl??dir?g, b??t not lii?aited ta, all permit
<br />applicatia?ls, permits ar?d reports including, ?vrthar?t lrrrrrtatron, those reports a??d atl?er rrratters
<br />??hieh rr?ay be cliaractcrized as confidential.
<br />?OG,7 A?aternerit Repart, Priar• to tl?e Close of Escro??r for• a P??ase, tl?e Agency
<br />shall, at its sale cost and expense, deliver to tl?e I?evelaper a ???ritten report, reasonably
<br />acceptable to tl?e Developer, prepared by a lic??sd this'd pa??y unrelated to the Agency or any
<br />cor?tractor?s} ar• subcantr•actar?s? u??dertal?ing any portion of the abatement of ?azarda??s
<br />6
<br />?DCS?CI? ?O?G73V1312??272????1
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