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201208502 15. Borrower"s Copy.Borrower shall be given one conformed copy of the Note and of this Secwiry Instrument. 16. Hat2rdousSubstances.Borrower shall not cause or permit the presence,use, disposal, storage, or release of any Hazardous Substances on or in the Property. Borrower shall not do, nor altow anyone else to do, anything affecUng 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 Substances that are generally recognized to be appropriate to nomial residential uses and to maintenance of the Property. Borrowec shall promptly give Lender written notice of any investigation,claim,demand, lawsuit or other action by any govemmeatal or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of which Borrower has actual lrnowledge. If Boaower Leams,or is notified by any govemmental or regulatory authority,that any removal or other remediation of any Hazardous Substances affecting the Property is necessary,Borrower shall promptly take all necessary remedial actions in accordance with Envuonmental Law. As used in this paragraph 16, "Hazazdous Substances"aze those substancesdefined astoxic or hazardous substancesby Environmental Law and the following substances:gasoline,kerosene,ather flammable or toxic petroleum products,toxic pesticidesand herbicides,volatile solvents,materials containing asbestosor formaldehyde,and radioacuve materials.As used in this paragraph 16, "Environmental Law"means federal laws and laws ofthe jurisdiction where the Property is located that relate to health,safetyor envuonmental protection. Non-Uniforrn Covenants.Borrower and Lender fitrttrer covenant and agree as follows: 17. Assignmentof Rents.Borrower unconditioually assigns and transfers to Lender all the rents and revenues of the Property. Boirower authorizes Lender or Lender's agents to colled the rents and revenues and hereby directs each tenant of the Property to pay the rents to Lender or Le�der's agents. However,prior to Lender's notice to Borrower of Borrower's breach of any.covenant or agreement in the Securiry Instrument,Borrower shall collect and receive all rents and revenues of the Property as trustee for the benefit of Lender and Bonower. Tlils assignment of rents co¢stitutes an absolute assignment and not an assignment for additional security only. If Lender gives notice of breach to Borrower: (a)ail rents received by Borrower shall be held by Borrower as trustee for benefit of Lender only,to be applied to t6e sums secured by the Security Instrument; (b) Lender shall be entitled to collect and receive ali of the rents of the Property;and(c)each tenant of the Property shalt pay all rents due and uapaid to Lender or Lender's agent on Lender's written demand to the tenant. Borrower has not executed any prior assignment of the rents and has not and will not pedorm any act that would prevent Lender from exercising its rights under this paragraph 17. Lender shall not be required to euter upon,take control of or maintain the Property before or after giving notice of breach to Borrower. However, Lender or a judicially appointed receiver may do so at any time there is a breach.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 temunate when the debt secured by the Securiry Instrument is paid in full. 18. ForeclosureProcedure.If Lender requires immediate payment in full under paragraph 9, Lender may invoke the power of sale and any ot6er remedies permitted by�pplicable law.Lender shall be entitled to collect all eapenses incurred in pursuing the remedies under this paragraph 18,including, but not iimited to,reasonable attorneys' fees and costs of title evidence. Wol[arsKlnuw��erFnanclal5ervices IIIIIIIIIIIIIIIIIIIIIIIIIIIIIII�IIIIIIIIIIIII . ^��4N�Np��q09p{Op . q03309601378 0233 289 0710 ��/ I �� U�J