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<br /> - 13.Notices.Any notise to Bormwer provided for in this Security Insuument shall be given by delivering ic or i
<br /> "'- �?- by mailing it by fi�st ciass mail untess apptirabte law se4�i�es use of another me�hod.The nwice shail be direcced to s ; :_ -
<br /> J` � i the p�o erty Address or any oiher address Borrawer designates by notice to lxnder. Any notice to l.ender shall be ; � ... '
<br /> P �
<br /> ' . given by fusc class mail to 1.ender's add�es.c stated hecein oI anY addr� 1-�nder designa�es by norice to Borrower.
<br /> . . Any noace provided for in this Security InsKn�ment sha11 be deemed to have bcen given to Borrower or Lender when � • ; :
<br /> • givea as provided in this paragraph• f .` ,.-. .:�-
<br /> • � 14. Gov�a�ng I.aw+S�'��Y. Thu��ty ��°I shaU be govemed by Federal law and the taw of t . �. .:
<br /> ' : the jnrisdiction in which t6e Property is located.In the event that any provision or clause of this Security Insuument � .`
<br /> ' or the I�Jote conflicts with a�licable law.such oonflict shall not affect other provisions of this Securiry Instrumeat or
<br /> • �• Note wtuch caa fse given effec[ without the confliccing provision. To tbis ead the provisions of this SecuritY � , � .
<br /> the ° :,
<br /> • � r„�,��and the Note are declared to be severabte. ; ' ; '���'`.,
<br /> ' Lr. �ormwa's Copy. Borrower shall be given one conformed copy of the Note and of this Securiry � . ` .,
<br /> Insaumesu•
<br /> 16. �aa.,�,..,tmr,�g�bstauces. Borrower shall not caase or peRnit the presence,�e,disposal.storage,or teleace ,� .....�:
<br /> of any �fazarc'aas�u�stances on or in ttce Property.Barrov�er sha11 not do,nor allow anyone else to do, anythinS �
<br />- .: .� .; � affe�.�c�e pr+apeny that is ia violatioa of any Eavuonmental Law. The preceding two sentences sha11 not apply to . � ' .::•::•
<br /> "• the �:�ce, use. or stotage oa che Propeny of small quanrides of Hazudous Substances that are geaerally , . . ._..:• :_:"
<br /> ';�, 'll�� .` :�;.:.: .
<br /> . iecogn�..-red to be appropriaze to normal residential uses and to maintenance of the Pcoperty ,..`�.�':.•
<br /> . Borruwer shall pramptly give Lender writtea notice of a�l investigauon,claim,demand.lawsuit or other action �:.:_
<br /> • ' - by any governmental ar regulatory agency or private paicy iavolving the Property and any Hazardous Substance or r ., ;
<br />_;,��: _. . . x��..��;
<br /> Envir.camental Law o f w h i c h B orrower h a s a c t v a l Imawl e d g e. If Borrower learns,or is notified by aay govemmental ,..�:._.-_�_�
<br /> . or re�-sr1,,�ory authoriry,that anY removal or oWer remediatis�aof any Hazardous Substances affecting the P�+operty is .- : �<<.;�.;;`';,�.
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<br /> '; �` nc�,Borrower shaq prompcly take all nerxssary remediai ec[ions in accordance arith Environmental Law. �� �,T ���,�.•,:
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<br /> � � h 16, 'Harardous Substauoes" are thcse substances aeE-"-ed as toxic or hazardous r. .�:..
<br /> Rs used iF► t4� paragrap '�'�1�°:,``• ?•
<br /> - ' subs.a� by L-u�irunaeatal Law and the following substances: gasoline. keroseae. other flaaunable or toxic :,:hy�,,:.:::
<br /> � • .:;,,;•; ge�pr��_tflaic pesticides and herbicides.volatile�elveau.materials containiag asbestos or formaldehyde. - r :
<br /> �"•��,'�. h 16. '6nironmental Law" means€ed..°ral laws and taws of the �
<br /> • r:•�. ; �t��:ti-.,ace�e.,^.a�xis. As��ia this paraBraP .. i`�'��, '•
<br /> .� juris��s��r�e Propem�is La:ated that relate to heaItts,safety or envimnmental�Sracsc�on. ��.;a��
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<br /> - - - NON•UNIFQRD�L�ti�YANTS.Boaower and Lender further covenant and agree as foltows: '>,:`?�:,:. `.,>:.;;.
<br /> _ . '. 17.�`r�a�a�Yienis.Borrower unconditioually assigns and transfers co Lender all the rer��d revenues � :` % �`'�!,�
<br /> �� ' �: � of the L�cc erty.Scrmwer auth�rizes l.ender or Lender's enu to wllect the rents and revenues an�'hereby directs �.r • . �.'s':::.-
<br /> � � ere .
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<br /> � � • eacb tenaat of the Property to P�Y the rents to Lender or Lender's agents. However, prior to Leader's notiae tv , .,r�;,.F
<br /> ` • . ' • Borcower of Botroaer's bteash af any covenant or agreecr�t in the Securiry Inst:ument,Borrower shall wUect�� _ •, ;`e.;,�.;
<br /> .:, ,
<br /> � receive all rents and revemies af the Propem_r as trustee fcr the benefit uf Leader and Borrower. This assignment of ;..:.�r:�
<br /> ' � renu constitutes an absolute assi�earent aa�e::=�assi�tment for additional seturity un1Y• . r�1"r"
<br /> ' If Lender gives nodoe of 6�a to Scrra�er:(a)ait rents rereived by Borrower sl�a31 be held by Borrowez as : •,�;rt, .
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<br /> � �, trustee for benefit of Lender nr11�.�be aFpiied w rhe sums secured by the Security Lcscr�..raent;(b)Lender shat�8� i: ..`����`'-..
<br /> . entided w coAect and receive�lt ef c�e re�s of zhe Frope�y`:and(�)each tenant of��operty shall pay all rer�ts .:,,.. .,,
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<br /> °�; ' due aad unpaid to Lender or Lende:'s age�e cxa Gxc:der's aritten dea�and to the tenant. ' .:'•'i'�`.
<br /> Bortower has not executed any prior�-�ment of t�e rents and has not aad will not perform aay act that would , . '
<br /> ' 1 ! pre+rent l.ender from eaercising its cights ucdc�[his paragraFh 17. ` �, ��::.i:;i�;:,' *-
<br /> • Lender shall not be requir�.co enter npon.take contru[of or maintain the Propexcy�before ar after giving a�ti�' , �,•�;:�j�:l ,�
<br /> ` of breach to Borrower.Howe�c�_B.ender or a judicially a.y�¢inted receiver may do��anY t�me there is a br�r.:s- • ���•-?�� �..
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<br /> .��`' � • . Any application of rents shail aot c�re or waive any default or invalidane zay other ri�i or remedy e�ixnder• St'-is '
<br /> , � . assignment of renu of the Frogerry sha11 terminate when the debt ses�ued L`y che Securiry Instrumeat is�aid in failt. .
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