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2012U366� 15. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument. 16. Hazerdous Su6stences. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous S�bstances on or in the Property. Borrower shall not do, nor allow anyone else to do. anything affecting the Property that is in violation of any Environmental I.aw. The preceding two sentences shall not apply to the presence, use, or storage on the Properiy of small quantities of Hazardous 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 privatr pariy involving the Property and any Hazardous Substance or Environmental Law of wluch Borrower has actual l�owledge. If Borrower learns, or is notified by any governmental or regulatory authority, that any removal or other remediation of any Hazardous Substances affecting the Property is necessary, Borrower shall prompfly take all necessary remedial actions in accordance with Environmental Law. As used in this paiagraph 16, "Hazardous Suhstances" aze those substances defined as toxic or hazardous substances by Environmental Law and the following s�bstances: gasoline, kerosene, other flainmable or toxic petroleumproducts, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioacdve materials. As used in this paragraph 16, "Environmental Law" means fedeial laws and laws of the jurisdiction where the Property is located tbat relate to he,alth, safety or environmental protection. Mon-UnFForm Covenants. Bflaower and Lender fiuther wvenant and agree as follows: 17. Asslgnment of Rents. Borrower unconditionally assigns and transfers to Lender all the rents and revenues of the Property. Borrower authorizes Lender or I.ender's agents to collect the rents and revenues and hereby directs e.ach tenant of the Properiy to pay the rents to Lender or Lender's agenks. However, prior to Lender's notice to Borrower of Borrower's breach of any covenant or agreement in the Security Instrument, Borrower shall collect and receive all rents and revemies of the Property as trustee for the benefit of Lender and Borrower. This assignment of rents wnstitutes an absolutc assignment and not an assignment for additio�l security only. If Lender gives notice of breach to Borrower: (a) all rents received by Borrower shall be held by Borrower as trustee for benefit of I,ender only, to be applied to the sums secured by the Security Insirument; (b) Lender shall be entitled to collect and receive all of the rents of the Property; and (c) each tenant of the Property shall pay all rents due and tinpaid to Lender or Lender's agent on Lender's written demand to the tenant. Borrower has not executeci any prior assignment of the rents and has not and will not perform any act that would prevent Lender from exercising its rights under this pazagraph 17. Lender shall not be required to enter upon, take control of or maintain the Property before or after giving notice of breach to Borrower. However, I,ender or a judicially appointed receiver may do so at aay time there is a br�ch. Any application of rents shall not cure or waive any default or invalidate any other right or remedy of Lender. This assignment of rents of the Property shall rPrrninatP when the debt secured by the Security Instrument is paid in full. 18. Foreclosuee Procedure. If Lender reqnir� immediate payment in full nnder paragraph 9, Lender may invoke the power of sale and any other remedies permitted by applicable law. Lender sh�ll be entitled to collect all e�penses incarred in pursuing the remedie,s under this paragraph 18, inclnding, bnt not limited to, reasonable attorneys' fces and c�ts of title evidence. FHA Mortgage WITH MERSNE VMP � �i ia�i�m oi ii �imi� i ii oi iii iaii m gU3306972140 0233 366 0710 Revised 4/98 Amanded 7/04 VMP4NINE) (11061.00 v��m�o