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<br /> . 13.1�1oElc�. Any notice tn Bnrrowcr provided for in this Securiry lnstrument shall be given by delivering it or _
<br /> ' by n�iling it by fitst class mail unless applicable law requires use of another ntethod. The notice shall be directed to ��
<br /> , :`:���;,• : thc Property Address or any other address Borro�ver deslgnates by notice to Lend�r. Any notice co Lender sh�ll be �
<br /> „tiw�,,,�,, given by first class mail to I.ender's address stated herein or any address Lendcr designates by noticc to Borrowcr.
<br /> Any notice provided for in this Security Instrument shall be deemed to have becn given to Borrower or Lender when
<br /> � given as provided in this paragraph.
<br /> ' t 14. Governtng I.aw; Severabllfty. This Security lnstn�ment shall be�ovcmed by Fcderal law�nd thc law of
<br /> 4 the jurisdiction in which the Property is located.In the event that any provision or clause of this Security lnstrument r`�`a,;
<br /> or the Note conflicts with applicable law, such conflict shall not aftect other provi�lons of this Security Instnunent or
<br /> , � the Note�vhich can hx given effect without ehe conflicting provision. To this end rhe provisions of diis Security
<br /> Instrunaeac and the Note are declarest to be sevenble.
<br /> �� 15. Borrower's Co�y. Borro�v:r sh�ll be given one confarmed copy of the Note and of this 5ecurity ;,,�ir�_
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<br /> �, t lfi. Fitazurdous Su�.�3anrrs. Borrower shall not cause or permi ihr ocesena use,di�vos�l, storar.e,or n:lease ;�•�;:;::.
<br /> � � of any Hazardous Substances on ar an the Property. Borrower s4tall not do, nor a►�ow anyune�lse to ..�, anything ���� •'"
<br /> 2t'fecting the Propetty that is in violation of any Environmenta!II.���v. The prcxeding two sentences shall not apply to � �Y:�-
<br /> . ttte pmscnce, use, or storage on ihe Property vf small quantities of Haz.atdous Substances that aze generally ="'�°�
<br /> ��� recognixed to be appropriate to normal resideatial uses and to maintenance of the Properry. •�:.�
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<br /> - �, �� Barrower shall prompdy give Leuder written notice of any invcstigatio�, dtim,demand,lawsuit or o�:her action ��,.,.�:,•==
<br /> b an ovemmental or re ato a enc or rivate involvin We Pro and an Hazardous S�bstance ar � `_� _
<br /> Y Y B b'� IY � Y P P�S' S Pe1'�Y Y ;;;:
<br /> Environmental l.aw of which Borrower has acrual knowledge. If Borrower leams, or is notified by any govemmental
<br /> �+ or regulatory autharity,tlnat any removal ar other remediatio�oF a�y Hazardous Substances affecting the Properry is
<br /> ,� necessary, Borrower shall promptly take all aecessary remedial actians in accordance with Environmental�.aw. �.•,
<br /> As used in this paragrapfi 16, 'Hazardous Substances" are those substances defined as toxic ¢� nazardous ��.:
<br /> 5i1��2nui,cS `uy iiiviiviiuicutd� i.dw du� 2�'ii auSlvi&iiig 5i1�'i5taittc5: j�aiv utc, wcav5iitc', 'viuci tid�wi:dvii uP tv'niC '.
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<br /> " petroleum praducts, toxic pesticid:s and herbicides,volatile solv�nts, materials cantaining tis'bestos or furmaldehyde, �=�"-'''_
<br /> ' and rad[oacttve materials. As used in dits paragraph 16, "Environmental Law" means fect�•r�il laws and la�vs of thc ;; �
<br /> jurisdi�tion where the Property is located that relate to health,safe►y or environmental pmtection. -
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<br />_ .� NON-UNIFORM C��)ENANTS.Boaower and Lender further awenant and agree as follows: ��'�1�=
<br /> � 19. Assigantent of Rents. Borrower unconditionally assi�s and n�az�sfers to Ixnder all the mnts and revcnues
<br /> " �` of the Property. Borrowex authorizes I.ender or Leader's a�ents to collect the rents and revenues and I�ereby directs --
<br /> . " eaclt tenant of the Property to pay thc rents to 1 ender or I.ender's agents. However. prior to Lender's notice to -
<br /> . •� Borrower of Borrower's breach of any covenant or agreement in the Securiry Instrument,Boaower shall collect and -
<br /> �� r�,ceive all rents and revenues of the Propeny �.s¢rustee for the benefit of Lender and Borrower. This assignment of R.
<br /> �-•�:+r.:�:w, mnts constitutes an absolute assignncent and not an a�signment for additional�ecurity only. °'
<br /> - '"�`'"'`��` ��� If. Lender gives notice of breach ro Borrower:(a)all renes received by Bonower shall be held by Horrower as - ___
<br /> ``.!�����'''`�� '''�`� trustee for bencfit of Lender only,to bc applied to t�e sums secured by the Security Instrument; (b)L.ender shall be �--
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<br />__- entided to collect and rer.eive all of the c+ents of the Property; and(c)each tenant of the Property shall pay all rents ��
<br />;;;;J..���\ .-,� due aad unpaid to I.ercler or Lender's agent on Lender's written dema�zd to die tenant. `,�;;�:_
<br />�x�'�'�=°" Borro�yer has not executed any prior assignraent of the rents end has not and will not perform any act thAt would ��=��
<br /> - ��'� � �" prevent Lender fram exe�ising its rights under this paragraph 17. ` ----
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<br /> _-;s_.. . , Lender shall not be required to enter upon,take contml of or maintaixi the Properry before or after giving notice j;-_
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<br />-- -. - - of breach to Bonower. However.Lender or a judicially appointed receiver may do so at any time there is a breach. ` '
<br /> -��.,.'"'"`" r° Any application of renu shall not ciu�or waive any defaulc or invalidate any other rip,ht or mmedy of(Cr�nder. TBis �'==:
<br /> '� �w�' nssignment of rents of the Properry shall temunate when the debt secured by ttne Securiry Instrumem is paid tn full.
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