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�01�050�� 14. Governing Law; Severability. This 5ecurity Instrument shall be governed by Federal law and the law of the jurisdiction in wluch the Property is located. In the event that any provision or clause of this Security Instntment or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Security Inshument or the Note which can be given effect without the conflicting provision. To this end the provisions of this Security Instrument and the Note are declared to be severable. 15. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this 5ecurity Instrumen� 16. Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances on or in the Property. Bonower shall not do, nor allow anyone else to do, anything affecting the Property that is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazardous Substa.nces that are genera.11y recognized to be appropriate to normal residential uses a.nd to maintenance of the Property. Borrower shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other a.ction by any governmental or regulatory agency or private parly involving the Property and any Hazardous Substance or Environmental Law of wluch Borrower has acival knowledge. If Bonower learns, or is notified by any governmental or regulatory authority, that a.ny removal or other remed.iation of any Hazardous Substances affecting the Property is necessary, Bonower shall promptly take all necessary remed.ial actions in accordance with Environmental Law. As used in this Paragraph 16, "Hazardous Substances" are those substa.nces defined as toxic or hazardous substances by Environmental Law and the followi.ng substances: gasoline, kerosene, other flammable or tolcic petroleum products, toxic pesticides a.nd herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. As used in this Paragraph 16, "Environmental Law" means federallaws and laws of the jurisd.iction where the Properly is located that relate to health, safety or environmental protection. NON-iJNIFORM COVENANT5. Bonower a.nd Lender further covenant a.nd agree as follows: 17. Assignment of Rents. Borrower unconditionally assigns and transfers to Lender all the rents and revenues of the Property. Borrower authorizes Lender or Lender's agents to collect the rents and revenues and 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 breach of any covenant or agreement in the Security Instrument, Borrower shall collect a.nd receive all rents and revenues of the Property as hustee for the benefit of Lender and Borrower. This assignment of rents constitutes an absolute assignment and not an assignment for additional security only. If Lender gives notice of breach to Borrower: (a) a.11 rents received by Borrower sha11 be held by B orrower as trustee for benefit of Lender only, to be applied to the sums secured by the Security Instrument; (b) Lender shall be entitled to collect a.nd receive all of the rents of the Property; and (c) each tena.nt of the Property shall pay all rents due and unpaid to Lender or Lender's agent on Lender's written demand to the tenant. HcFC-oo�os FHA Deed ot Trust-NE Revised 4196 VMP� 01/72 Wolters Kluwer Flnancial 3ervicas 201206184.1.1.2336-J20120129Y Pege 7 0/70 3 3 1 8'