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<br /> �W 13.Notkes.Any nouce to liorcower providcd f�t in thie Security Instrument shall be given by delivering it or by �; �¢ .+�-'�'���,
<br /> mailin it b first clnss mail unless a pliwble Inw r uirag use of anoUter method.The notice shall be directeci to the ,��'�'�.•:=�---
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<br /> Property Address or any othcr address Borrowcr designatcs by notice ta Lcndcr.Any noticc to Lendcr sha116e givcn by F�,y� -
<br /> � fust class meil to L.cndcr's address stntcd hcroin or any nddress i.cnder designates by noticc to Borrower. Any nouce ..:4!��_-_ . -- _==-
<br /> .' ',,; provlded for in this Sccurity Instrumcnt shdl bc dcemcd ro hravc becn g�vcn to Bonrowcr or Lcndcr whcn givcn as .�K__
<br /> provided in this paragraph. _°�_-
<br /> , . ,...i .14.Governing Lww;SevernbUity.This Sccuriry Inswmcnt shall be governe�l by Federal law and the law of the „�_,_�'-
<br /> ' • ,;;� jurisdicpon in which the Property is lacated.In the event that any pravision or clause of this Securiry Instrument or the - .
<br /> ..•;.t,;;: Notc canflicts with applicablc law,such confllct shell not affcct Athcr provisians of this Security Inswment or the Note �
<br /> �• ��s . which can be given effect wlthout the conflicdng provisian.To this end Ihe provisions of this Security Instrument tmd __
<br /> thc Note azc declared to be scvcrablc. -
<br /> � 15.Borrawer's Copy.Sorcower shall bc givcn onc conlormcd copy of Ihc Note and of this Security InstrumcnG -_-
<br /> � � � 16. H�ratrdous SubstAnces. Sorcower shall not cnuse or permit the presence,use,disposal,storage,or rslease of _
<br /> ' !" ' any Hazardous Substances on or in the Propeny.Borrower shall not do,nor allow anyone else to do,anything affecdng ;::";
<br /> . �;'.;�� the Property that is in violation of any Environmcntal Law. 'Il�c prccecling two scntcnces shall not apply to thc presence, ,k-�;�,;
<br /> . use, or storagc on thc Property of Finall quantidcs of Har.erdous Substanccs that are gcnerally recognizeci to be ;, �'
<br /> appropriate to normai residcntial uscs and w maintcnancc of Ihc Property. , ��,�
<br /> �• Borrower shall promptly give L.ender written nouce of any inve.sdgeuon,clalm,demand,lawsuit or other acdon by •:�j,.• - ��:
<br /> any govemmental or rcgulatory agcncy or private party involving the Property and any Ha�ardous Substance or 1h
<br /> ;:,�� Environmental Law of which Bonowcr has actual k�owlcdgc. If Borrowcr lcams,or is notificd by any governmental or ,----
<br /> reaulatorv authoritv, that any removul or othcr rcmcdiaqon of any Ha�.ardous Substences affecting the Property is
<br /> � `'{ necessary,Bonowcr shall prompUy take all nocessary remedial actions in accordancc with�nvironmeniai Law. -_ _
<br /> As used in this parnBraph 16, "Hwardous Substances" are those substances defined as toxic or hazArdous _
<br /> . �.:�,�., ' substences by Environmcntal Law and thc following substanccs:gasc�line,kcroscnc,other flammable or toxic petroleum
<br />_ ' , products, toxic pesdcides and herbicldes, volatile solvents, materials conteining asbestos or formaldehyde, and _�
<br /> - � radioacdve matcr�als. As used in this paragraph 16, "Environmcntal Law" mcans fcderal laws and laws of the �;,�
<br />- � jurisdicdon where the Property is located that relate to health,safcty or emironmcntal protccdon. �-
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<br /> NON-UNIHORM COVENAATI'S.Bonower and l.cndcr furthcr covcnant and agroa es follows: � :
<br />� � 17.Assignment ot Itents.Borrower uncondiaonally essigns and uanstera w Lcnder all the rents end revenues of _
<br /> � the Property.Bonower authorizes L.cnder or L.cnder's egents to collect thc rcnts and revenucs and hereby directs esch .
<br />� :: ' tenant of the Property to pay the rents to Lender or Lcnder's agcnts.Howcvcr,prior to Lcndcr's nodce to Borrower of �:
<br /> BorrowePs breach of any covenant or agrecmcnt In ihe Sccudty Instrumcnt,Borrowcr shall cnlloct and receive alt rents ,,.
<br /> -- and revenues of the Property as trustee for the benefit of Lcndcr end Borrowcr.71iis assignment of rents constitutes an e-.=.�:•
<br /> t:',`'�= � absolute assignment and not an assignment for additional sccurity only. �-
<br /> ' � If Lender gives norice of breach to Boaower: (a)all rents roceivcd by Borrower shall be held by Bonower as �'°-
<br /> trustee for benefit of Lender only, to be applicd to thc sums secured by thc 5ccuriry Instrument; (b)Lender shall be °---
<br />����, `�,. � • entided to collcct and receive all of thc rents of thc Property;and(c) cach tcnant of thc Property shall pay all rents due �.`���-'
<br />=• .� � ;• and unpaid to Lender or I.ender's agent on I.endePs wrlttcn dcmand ta Ihc tcnant. '�'r�-'='
<br />�� � - Borrower hes not cxecuted any prior assignmcnt of the rcnts and hus noR and wiU not perform any act that would �:`
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<br /> ..�;.,•-��.-,.•. prevent Lcndcr from exercising its rights undcr this paragraph 17. �•+�
<br /> � Lender shall not be required to cnter upon,take control of or mainlein the Prop•crty bct'orc or aftcr giving notice of _
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<br />- brcach to Borrower.However,Lendcr or a judicially appointed recciver mAy do w ut any dmc thcrc is n brcach. Any �`«�-
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<br /> , , appUcation of rents shall not cure or waive any default or invnlidate any athcr right or remedy of Lender. This . ;,�;';i-_
<br /> • assignment of rents of the Property shall tcrminate when tho debt sccurcd by thc Sceuriry Instrumcnt is paid in full. � '`':'__- ____
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