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201209228 19. Governing Law; Severability. 'I'his Secanty Instrument shxll be guverned by federal]aw and thc law of' tliejurisdiction in wliich the Property is located. In the event rhat any provision or dause of this Securiry Instrwnen[ or the Note�co�flict�witli applicabLe law, such conf7ic[ shall not affect other provisiona uf this Security Instrument ur l}ie Note which can be given effect withou[the confllcting provision. Tn this end tk�e provislons of this Security Instmmeot and the'��ute are dedared to be severable. 15. Borrower's Copy. Borrower sYia11 be given ooe conformed copy of the Note and of this Security InsLrurnent. 16. Hazardous Substances. Bormwer shall not cause or pei��r�it the presence.use�. disposal, storage, or release of any Hazardous Substances on or in the Property. Borrower shall not do, nor alluw anyone else to do, anything affecting [he Properry that is in violation of any Enviironmcnta] Law. 'Phe preceding two sentences shall not apply to the presence, use, ur s[orage on the Property of small quan[itles of Hazardous Substances LhaL are generally recognized to be appropriate to norma] residenLial uses and to maintenance oF the Proper[y�. Borrower shall prnmptJy give Lender wriLLen noLice of any investiga[ion, claim, demand, lawsuit or other action by any governmental or regulatnry agency or private party i�rvolving [he Property and any Hazardnus Substa�ce or Environmental Law of which Bormwer has acma]knowledge. If Burrower learns,or is notified by any governmental or regulatory authority, tl�at any rcmocal or other remediation of a�ry Hazardous Substances affecting �he Property is necessary, Borrower shall ptomptly take all necctsary remedia] adiuns in accordance �vith F,nvironmental Law. � As used in (his paragraph 16, "Hazardous Substances" are those substances defined as toxic nc hazardous substances by Environmental I.aw and the following subslances: gasoline, kerosene, other flammable or toxic petrole�um products, toxic pesticides and herbicides,volarile snlvems, materials containing asbestos or formaldehyde, and radioactive materials. As used in this paragraph 16, "h;nvironmental Law" means federal laws and ]aws of the jurisdicLion where the Property is located that relate to health, safety or environmenra] proLecLiun. NON•UNIFORM COVENANTS. Qorrower aod Lender furtlier covenant and agree as follows: 17. Assignment of Rents. Borrower tmconditionally assigns and transfers to Lender all the rents and revenaes ot lhe Property. Borrower authorizes Lender or Lender's agents to collect the rents and revenues and hereby directs ear.h te��ant uf Lt�e Pruperty to pay the rents to Lender or Lender's agents. However, prior �u Lerider's notice to Bnrrnwer of Borrower's breach of arry covenant m'agreement in the Security]nstrument, Bnrrower shall cullect and reccive all rents and revenues of the Properg�as trustee fur[he benefit of Lender and Borrower. This assiKnment oC rents constitutes an absolate assignment and not an assignment for addi(iona] security ooly. If Lender gives no[ice of breach to Borrower: (a) all rents received by Bon�uwer shall be held by Borrower as Lrustee for benefi[of Lender onl y, to be applied ro the sums secured by the Security Iristrument; (b) Lender shall be entitled to co➢ect and receive all oF the rents of the Property; and (c) each tenant of the Property st�all pay all rents due and unpaid [o I,ender or I.ender's agent on Lender's wriLLeo dema�td to tlie tenant. Rorinwer has nnt executed any prior assignment of the reriLs and has uut and will not perPorin any act that would prevent Lender from exercising its righ�a under this paragraph 17. Leoder st�all nuL be reyuired tu enter upon, take�control of or maintain the Proper[y before or afLer giving notice of breach to Borrower. However, I.ender or ajudicially appointed receiver may do so al erry Lime t6ere is a 6reach. Any application of rents sltall not cure or waive tmy defatilt or invalidate any other riglit or remedy of Lender. This assignment of ren(s of the Property shall terminatc whcn the debi secured by t}ie Security InsGvment is paid in full. 18. Foreclosure Prxedure. If Lender requires immediate paymenl in full ander paragraph 9, Lender may invoke the power of sale and any other remedles permitted by applicable lxw. Lender shall be enti[led[o wllect all expenses incurred in pursuing the remedies provided in this paragreph 18, including, but not limited to, reasonable attorneys' fees and costs of title evidence. If the power of sale is invoked, Trustee shall record x nutice of defaul[in each county in which any par[ut the Property is lucated and shall mail copies of such notice in the manner prescribed by applicxble law lo Borrower and to tLe otlier persons prescribed by applicable law. After the time required by applicable law, Trus[ee,shall give public notice of sale to Nie persons and in the manner prescribed 6y applicable law. Trustee, without demand on Borrower, shall sell the Property at public auclion lo lhe highes[ bidder at the [ime and FHA NEBR45KA DEFD OF TRUST - MFRS DacMagic��a�� NEDOTZFHA 07l03112 Page 6 of 9 � www.docmagicrom ! ��C��I