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20120065� 13. Notices. Any notice to Borrower provide3 for in tltis Security Instrument shall be given by delivering it or by mailing it by first class mail unless applicable law requires use of another method The notice shall l� directe� to the Property Address or any other address Bonower designates by notice to Lender. Any notic,e to Lender shall be given by first class mail to Lender' s addr�s stated herein or any address Lender desi�s by notice to Boaower. Any notice provided far in this Security Inslrument shall be deemed to have be,en given to Borrower or Lender when given as provided in this paragraph 14. Govern�ing Law; Severability. This Security Instrument shall be governed by Fer�al law and the law of the jurisdickion in which the Praperty is located In the event that any provision or clause of this Security Tnstrument or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Security Instrument or the Note wluch c�n be given effect without the conflicting provision. To this end the provisions of this Security �nstrument and the Note are declared to be severable. 15. Borrower's Copy. Boirower shall be given one conform� copy of the Note and of this Security Inatrn+r+en 16. Hazardous Substances. Borrower shall not c�ause or permit the presence, use, dis�sal, storage, or release of any Ha�rdous Substances on or in the Property. Bonower sha11 not do, nor allow anyone else to do, anything affecting the Progerty that is in violation of any Emrironmental Law. The preceding two sentences shall nat apply to the pr�sence, use, ar storage on the Properiy of small quantities of Ha�dous Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of the Properiy. Borrower shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other action by any governmental or regulatory agency or private party involving the Property and any Ha�dous Substance or Environmental L.aw of which Bonower has actual knowledge. If Borrower learns, or is notifiefl by any governmental or regulatory authority, that any removal or other reme�iation of any Hazazdous Substances affe�ting the Property is necessary, Borrower sha11 promptly take all n�essary remedial actions in acxordance with Environmental Law. As usefl in this p�agraph 16, ��Hazardous Substances" are those substances defin� as toxic or ha�urdous substances by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic p�ticides and herbicides, volatile solvents, materials containing asbestos or fam�aldehyde, and radioactive materials. As use� in this paragraph 16, "Environmental Law" means federal laws and laws of the jurisdiction where the Properiy is located that relate to health, safety ar environmental protection. NON-UNIFORM COVENANTS. Borrower and Lender further covengnt and agre,e as follows: 17. Assignment of Rents. Horrower unconditionally assigns and tra�nsfers to Lender all the rent4 and revenue�s of the Properiy. Borrower authorizes Lender or Lender's agents to collect the rents and revenues �d hereby directs each tenant of the Property to pay the rents to Lender or Lender's agents. However, prior to Lender's notice to Borrower of Borrower' s bre,ach of any covenant or agreement in the Security Instrument, Borrower shall collect and receive all rents and revenues of the Property as trustee for the benefit of Lender and Borrower. This a�igmnent of rents constitutes an absolute assignment and not an assignment for additional security only. If Lender gives notice of breach to Borrower: (a) all rents received by Borrower shall be held by Boa�ower as trustee for benefit of Lender only, to be applied to the sums s�ured by the Se�urity Instrument; (b) I,ender shall be entitled to colle�t and receive all of the rents of the Properiy; and (c) �ch tenant of the Property shall pay all rentg due and unpaid to Lender or Lender' s agent on Lender' s written demand to the tenant Bonower has not exe,cuted any prior assignment of the rents and bas not and will not perform any ad that would prevent Lender from exercising its rights under this paragraph 17. Lender sha11 not be re�uired to enter upon, take cnntrol of or maintain the Property before or after giving notice of breach to Borrower. However, Lender or a judicially appointed r�eiver may do so at any time there is a breach. Any application of rents shall not cure or waive any default ar invatidate any other right or remedy of Lender. This assignment of rents of the Property shall terminate when the debt s�ured by the Security Instrument is paid in full. 2200202789 � a v41� i�w�:�`� VMP�a�N(N� coao�l.o� PeOe a ot e , o /t'l