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20120531� 7 5. Borrowers Copy. Borrower shall be given one confornned copy of the Note and of this Security Instrument. 16. Hazar9dous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances on or in the Properiy. Borrower shall not do, nor allow anyone else to do, anything affecUng the Properly that is in violation of any Environmental Law. The preceding two sentences sha11 not apply to the presence, use, or storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to maintenence of the Property. Borrower shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other acrion by any governmental or regulatorY agency or private party involving the Property and any Hazardous Substancx or Environ�ntal Law of wluch Bortower has actual knowledge. If Borrower le�ns, or is notifie� bY anY govern�ntal or regulatory authority, that any removal or other remadiation of any Ha�rdous Substances affecting the PruPert3' is n�essary, Borrower shall PromPtlY take all necessazy remedial actions in accordanc� with Environmental Law. As used in this paragraph 16, °Ha�dous Substances" aze thosa substances defined as toxic or ha�rdous substancesbyEnvironmentalLa.wandthefollowing substances: gasoline, kerosene, other flammable ortoxic petaoleumproducts, toxicpesticides andherbicides, volatile solvents, materials containing asbe�tos or formaldehyde, andradioactivematerials. AsusedintUisparagraph 16, "Environn�entalLaw" meansfederal laws andlaws oftha jurisdictionwheretheProperty is lacatedthatrelatetohealth, safety or environmental protection. Non-Uniform Covenants. Borrower and Lender further covenant and agree as follows: 17. Assignment of Rsrrts. Bonower unconditionally assigns and transfers to Lender all the rents and revenues of the Properiy. Horrower authorizes Lender or Lender's agents to collect tha rents and revenues and hereby directa each tenant of the Properiy to pay the rents to Lender or I,ender's agents. However, prior to Lender's notice to Borrower of Borrower' s breach of any covenant or agreement in the Sacurity Instrument, Boaower shall collect and r�eive all rents and revenu� of the Property as tivstee for the benefit of Lender and Borrower. This assignment of rents constit�rtes an absolute assignment and not an assignment for additional security only. If Lender gives notice of breach to Bonower: (a) all rents received by Bonower shall be held by Borrower as trustee for benefit of I,ender only, to be applied to the sums secured by the S�urity Instru�nt; (b) Lender shall be entitled to colle�ct and receive all of the rents of the Properly; and (c) each tenant of tha Property ahall pay all ren� due and unpaid to I.ender or Lender' s agent on I.ander' s written demaad to the tenant. Borrower has not executed any prior assignment of the renta snd has not and will not perform aay act that would prevent Lander from exercising its rights under this paragraph 17. I.ender shall not be required to enter upon, take control of or maintain the Praperly befora or after giving notice of breach to Bonower. However, Lender or a judicially appointed re�eiver may do so at any tima there is a breach. Any application of rents shall not cure or waive any default or invalidate sny other right or remedy of Le�der. This assignment of rents of tha Properiy shall terminate when the debt secured by tha Security Inslrument is paid in full. 18. Foreclosure Prott�d�uroe. If Lender reqnires imm�iate payment in fnll ander paragraph 9, Lender may invoke the power of sale and any other remedies germitte�i by applicable law. Lender shall be entitled to collect all ezpenses incurred fn pnrsuing the remedies nnder this paragraph 18, inclnding, but not limited to, reasonable attorneys' fees and costs of dtle evidence. 2200272718 D V4NNE FHA Mortgage W(TH MERS-NE Revlaed 4I8B Amended 7I04 yMP (ql VMP4N(NE117106) Wolt�a Kluwer � Serviaes P�e 7 of 70 1 J �.� W //J�' °