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� 201208983 14. Governing Law; Severability. This Sccurity Instrumevt sl�a.11 bc governed by federal law and the law of the jurisdiction in which the Property is localed. in lhe event that any provision or clause of this Security Instrwnent ar the Note conflicts with applicable law, such conflict shall not affect other provisions of this Seourity Instrumcnt or fhe Note which can be given effect without lhe conflicting pro��ision. To tliis end the provisions of this Security histrument and t6e Vote are declared u� bc severable. 15. Burruwer's Cup,y. Borrower shal I bc given oue confonned copy of the Note and of this Security lnstrument. ]6. Hazxrduus Substances. Rnrrower shall not cause or permit the presei�ce,use, disposal, storage, or release of any Hazardous Subslanccs on nr in the Property. Borrower shall not do, nor allow ar�yone else to do, anything affecting thc Properry that is in violation of any Environmenta] Lxw. The preceding two sentences shall not apply to the prese�ice, use, or storage ou the Properry of sinall quantities of Hazardous Subst�lnces thaL are generally recognized to be appropriate to normal residential uses and to maintenance of thc Properry. Borrower shall promptly give Lender w�itten notice of any investigatioq claim, deinand, lawsuit or other action by any govermnental or xegulatory agency or private party involving the Prope�ty and any IIazardous SubsYance or Enviromnental Law of which Borrower has actual knowledge. lf Rnrrower learns, or is notified by any govermneutal or regulatory authority, that any removal or other reinediation of 2ny Hazardoue Substances affecting the Property is necessary, Borrower shall promptly take all neceasary remedial actions in accordance with Fnvironmcntal Law. As used in this paragraph 16, "Hazaedous Substances" are those sttbstances defined as toxic or hazardous substances by L�nviroumental Law and The following subslances: gasoline, kernsene, othei flammable or to�c petrolewn products, tuxic pesticides and l�erbicides, volatile solcents, materials containing asbe5tos or formaldehyde, and radioactive materials. As used in this parag�aph ]6, "Nnvironmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate Lo health, safety or environmental p�ntseLion. NON-UNIFORM COVENANTS. Borrower and Lender furthcr covenant and agree ns follows: l7. Assignment oi'Rents. Borrower imconditionally assigns' and transfers to Lender all the rent5 and revenues of the Proper[y. Borrower authorizes Leuder or Lender's agenLs to collect the rents and revenues and hereby directs each tenant uf tlie Property to pay Yhe renis to Lender or Lender's agents. However, prior to Lender's notice to Borrower of Borrower's brelch of any covenan[or agrcement in the Security Instrument, Borrnwer shz11 collect and receive all rents and revenues of tlie Property as trustec for die benefit of Lender and Borrowec This assignment of rents constitutes ui absolute assi�unent and not an assignment fo� addilional security only. If Lender gives notice of breach to Rorrowcr. (a) all rents receivcd by Borrower shall be held by Rorrower as Vustee for benetit of Lender only, to Ue xpplied to the sums securecl by the Security Inntrument (b) Lender shall be entitled to collect and receive all of thc ren[s of the Property; and(c)each tenant of the Property shall pay all rents due and unpaid to Lender or Lcndcr's agent on Leuder's written demand to t�he tenant. Borrower 6as nol execuled any prior assignment of the rent5 and has not and will not pertbrm any act that would prevent l.ender from exerci5ing iLs rights under this plrag�ap6 17. l.encler shall not be required to cnter upon, take control of or maintain the Properry before or a(ler giving notice of breach lu Rorrower. Howcvcr, Lender or a judicially appointcd receiver may do so at any time there is a breach. Any applica[ion of ren[s shall not cure or w�ive any default or invllidate any oLher right or remedy of Lender. This assigument of rents of the Property shall tenninate whcn the debt secured by the Suurity Instrutnent is paid in full.�' 18. Foreclosure Proccdurc. If Lender requires immediatc pa,yment in full under paragraph 9, I.ender may iuvoke thc power of sale and any other remedies permittcd by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this pxragraph 18, including, but not limitcd to, reasooable attorncys' fecs and costs of kitle evidence. If the power of sale is invoked, Trustee shall record a notice of default iu each couuty in which any part of the Pruperty is located and shall mail copies of such uotice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. Aftcr t6e time required by applicable law, Trustee, shall Qive public notice of sale to the persons and in the manner prescri6ed by applicablc law. Trusiee, without demand on Borrower, shall sell the Property xt p�btic auckion to the highest bidder at the kime aod FHA NEBRASKA DEED OF TRUST - MERS DacMag/c�f'.Cav7.m� NEDOTZ.FHA 07l03112 Page 6 of 9 www.docmagic.rom