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<br /> ��� 13.l�ia�.AnY natice to Baa°wet Pmv�d�1 for in this Su�ry Insan�ment s�11 be given bY delivering it or E
<br /> �-�-"'�""�� c� ��:/„�� ���{� use of anather methad.The aotice shatl ise due�ted w
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<br /> ` _ - t�h�p�mpetEy q�ddress or aay otta�r address Bosmwer des�gnates by notice to Lender. Any natice ta Leader sisall , ..k
<br /> '� ' s address stated hereit►ar a�}+add�I.�adsr designaces by natice w Bomawer. : t _
<br /> , given i�Y fust c,lass ma�to Lender' er or Leader when .
<br /> �"' ��L • - Aay nfltice provided for in this Secarhy Ins�a�t shall 6e deeu�ed to I�ave been given to Borrow `-� ___
<br /> ` �� °. g�ren as pnovided'm tl�is paragrapte. shail be gwemed hY Federal taw aad the law of .��� -
<br /> !4.(�aveaning Law;�everabiiftY.T6is S�uriry I�tcum�2
<br /> . �e j�on im vrtsir���P�►is ta�.�the event that any Pmvision or clause of this Se�urlty�� -.. ---
<br /> �: � of this S�urity►Ins�°T
<br /> 6`� or @�e l�iate conflicts w�ih appllcable Iaw,sndi conflict sball nat affect ot6e�'p�a�� '"" T
<br /> ' e �isioa To th'ss ead the ptavtsions of this Se�ay �`'-l� : --
<br /> �. ;, the Nota whieh qn be given effect withaut the ooaflicxing Pr�s isi --
<br /> ;���;;� �and ihe Nate aie declared to be severable. one canformed �oPY of tve Nate and of this Sec�ry . � _
<br /> f ' ��a < L4. Bn�vw�'s Copy. Borr�zaer shall be.givea► • F, y :
<br /> f,�: :." 1nst�mneat. osal,storage,or release - _
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<br /> �• , • ib�.�H.a�+aon�ts, 3uhstano�. Borc�o{wes st�aU not c�se or pe�,it ti�ee presence,use,disP ._,
<br /> RY . - ./ , . OC�r�u'7W t74Y��OI III 41G PIO��J.Busmwer sbaU not do,nar allow anYone else w do.anythfia8 __. _.
<br /> :".� ����� two sentenses sHall not apply w f��, -
<br /> ;�: � . affe�dng the PcoFe�Y that is in violalioa of aay Envimnmeatal Laar. The preceding [ -
<br /> • ' the presence. ase. ar storage.an the PropertY of� qua�►tides of Ha7atdans Substaacea that are ge�aeraUY
<br /> -'V`-� recognized to be sppmpriate w noimal resIdential uses and to n+atnr�ance of the Praperty. - -
<br /> Boirawer shaU pmmgtly give Ia�der written notice of aay iavesagatlon,claim.demand,lawsuit or other action . < 1
<br /> ,>����:" . , �Y�Y 8ovemmental or regulawry agen�Y or prlvate pattY iavolving the Prope�tY a�►d anY Hazardous Substaace or . ti =_.
<br /> , Favironrae�af Law of wh�Ch Borcower�aa actaal know2e�ge. if Bomuwer leazns.or ia notifled by any govemmental . ':`_:"�:°..-.
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<br /> - � .. autho r t t h a t any r e m avel or other nra�on of eay Haz�dws Substances affecdn�the Prnp�tty+is , �.__'„ .,.__.
<br /> .�<:..::, : '. .` or reg�ator3+ tY� :emedial a�tions lo accordance with�nvironmeatal Law. �:�--����
<br />,��. : ` � � ', necrssary.B�rrawer ahall Pr°mPt1Y take aU n�asa�5► emedi .. .
<br /> ` " � � �` ..:.,!� As us� ia this paragraph 16; 'Hararaous S�bstances" are those�substaaces defined as touc or hazarduus. �:..:.•�,.i:� -
<br /> � sub�s 63► Hovironmenta1 law and she follawing substances: gasoliae. kems�e, other flacnmable or to7dc ;°�.�.__�
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<br /> ,�' �. . � 3 petmleum pmdncas.wxic pesNcId�s aad herbicldes►vola�te sotvents,mazerjals cantaining asbestos or formatdelryde. . -
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<br /> '`-' • . � and�oactive mate t i a l s. A s nse�in this p az a S a Pb 16�°Eavironmental law"meaus federal laws and laws of the
<br /> . . is tacated that:elate to health,safetY or envimssm�ntal Fmtectlon. ���, .
<br />.�. . �i judsdictian wherc the PrapertY : . ..�` -
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<br /> „• NON-lJN1FOItM CQVENAAITS.Borrower sud lender farther covenant aad�as follows: ��'._
<br /> � : . ," �`t ' 17.Assignmemt of Reats.Bo:rower uncoaditioaaltY assi8ns and tramsfeis to l.ender aii the�ents me�reveaues ,�:��
<br /> . of the PmPertp.Borrower mithorizes Lendsr or I.ender's ageats to oollect the rents aad revenues and hereby di�ects �.•`;�.�_
<br /> • �' eac6 tenaat of the ProPer�}+to Pay the rents to Ixnder or Lender's agents. However, Prfor to Lender's notice to .V : :
<br /> . � �� B a r r o w e r of Bortower's breach of aay covenaat or agreement in the S�uitp I�s�ume°��Bo:rower sball collecc and ����:"
<br /> 4 � rer�ive all ients and revemus of the Property as uustee for the beae fit o f L e n d e r a n d B o r r o w e r.T 6 i s a�i p�n m e n i o f � .� .
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<br /> s for additional securiry oWY-
<br /> ` ' °` � ;; rer.s��nstitutes an absolme assIgnment and not an assignment ;
<br /> � .:_ � .. � ' �.#l�ender�ves nottce of bieach to Borrower:(a)all re�s received by Borrowes�all be held by Borrower zs ,��
<br /> �`. , . . , ;�; uustee for bencfiit of Leuder oaiy,to be applied w the sums secured by t�e Seciuity Insmimens;(b)Lender sball 1r� R'�'=-._:_�—�
<br /> �;'' .':a� .�;: �(c)�tenant of the ProPertY shall PaY all rents . ,._. -
<br /> �,� ; entitied w collect and�receive all of tTce n�ats of the Property: , _-.- .-
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<br /> due a,;�d unpaid to Iender or Lender's agent on Lender's wiitten demand to the tenant.
<br /> :': � �: . • ' BoTrowerhas not executed any prIor assignment of the r�ts and has not and wlll not perform any act t�at would . - •:f:;� .�,�;
<br /> ` , ' , ,,..� �1, prevent lender frnm exercjsing its rights nnder this paragrap7�17. � `. �-
<br /> p before or after giviu�swrice ;:.� ti•:
<br /> -t. L e n d e r s h a ll n o t be r e q�i r e d to entet u a�,take control of or maintain the ProPemy► -
<br /> �., . '.... �''q: of bteach to Borrower.However, Lender or a T1dlciallY apPointed receiver may do so at any time t here�is a breac h. -
<br /> =:. . : ' " pny apPlication of rents sha11 not cure or waive an}►de f a u l t o r i n v a l i d a t e a n y o t h e=ri g h e o r r e m e d y of Lender.This . _
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<br /> �� � . � 7 a s s i g n m e n t o f r e n t s o f t h e P r o pe rt y shal!terminate when[�debt secured by the Securlty Insuument is Paid�n fuU.
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