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<br /> �,,,;,,: ;. 13.Notices.Any notice to Borrower pravided for in this Security Instrument shall be given by delivcring it or by • _
<br /> ..� - mailin� it by fust class mail unless applicable law requires use af another method.The notico shatl be directcd w the �.�:-;
<br /> Property Address ar any other address Borrowcr designatcs by nodcc to I.ender.Any nopce to Lendcr sh�ll bc givcn by '�.,':, ,��
<br /> first dass mail to I..ender's address statr.d hcrein or any address Lcnder dcsignates by nouce to Boaowcr. Any nodcc � . ;:.�lt�_,:�`':
<br /> •� providcd for in this Security Instrument shaQ bc deemed lo havc Ueen given to Bonowcr or La;nder whcn given as �,' '..�,: = -
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<br /> provided in this paragraph. `"'"���_�--_-
<br /> ,, 14.Goveening Law;Severability.This Security Insuument shall be�ovemccl by Fcderal law and the law of thc ;�;�-��'-�^
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<br /> •'�-� jurisdictian in which ihe Property is locutecl.In the event�hat any provision or clause of this Securiry Instrument or thc
<br /> Note conflicts with applicable law,such conflict shall not effcct other provisions of this Security Instrument or the Natc ,, _*�:_
<br /> ' which can be given effect without the conflicting provision. To this end the provisions of this Security Instrument and �,:_�:4;,:;,,,.,
<br /> thc Note are declared to be sevcrablc. "``"`���"`'
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<br /> 15.Borrower's Copy.Borrowcr shall be given onc conformcd copy of the Notc and of this Security Insuurncnt� ::- -
<br /> �' 16. Hazardous Substances. Borrower shall not cause or rmit the rescnce,use,dis sal,storagc,or relcase of .: ••�����
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<br /> any Hazardous Substanccs on or in the Property.Bonower shaU not do,nor allow anyone else to do,anything affceting .��: •
<br /> the Properiy that is in violation of any Environmcntal Law, The prcccding two sentcnces shall not apply to thc prescnce, ,A,;���.
<br /> g � use, or storage on the Properry of small quantities of Hazardous Substances that are generally recognized to bc "'�'�07�
<br /> appropriatc to normal residential uses and to maintcnancc of thr.Propeny. .{:.,;;y�',�r•
<br /> Borrower shall prompAy give Lender written nouce of any invesugadon,claim,demand,lawsuit or other acUOn by �_,�,:
<br /> �� any govemmental or rcgulatory agency or private pariy involving the Property and any Hazardous Substance or ..���,��
<br /> • Environmental Law of whlch B�rrower has actual knowledge. If Borrower leams,or is notified by any govemmental or �
<br /> �" �� -
<br /> regulatory suthority, that any removal or other remediadon of any Hazardous Substanees affecting the Pcoperty is
<br /> _ .. _ � n�����y;A�nower shall prompdy take ell necessary remedial actions in accordance with Environmental Law. ��_
<br /> . ps used 1n thfs paragraph 16, "Hazardous Substanees" are those substances defined as wxic or h�uardvus
<br /> 4 substanccs by Environmcntal Law and ihc following substanccs: gasolinc,kcrosene,othcr tlammablc or toxic pcuoleum
<br /> � products, toxic pespcides and herbicides, voluple solvents, materials containiog a�bestos or formaldehyde, and �����
<br /> 1� radioacdvc matcrials. As used in this paragraph 16, "Endaonmcntnl I.aw" mcans fcderal laws und laws of thc �
<br /> jurisdiction whcrc thc Propeny is lacutcd that rclutc to hcallh,safcty or cnviranmcntal grotcction.
<br /> �
<br /> i�JON-UNIFORM COVENANTS.Borrowcr and l.cndcr turthcr covennnt ond agrcc as follows: ,—
<br /> 17.A�.RiRnmcnt af Rents. Borrowcr uncondiuunally assigns ond uansfcrs to Lendcr all thc rcn�s end revcnucs ot � lr.•
<br /> thc Property. Borrowcr nuthoriies Lender or Lcnder's agcnts ro coUcxt thc renis and revcnucs and hcrcby direcis Gach =
<br /> tcnanc af the Propetty to pay the rents w Lendcr or l..endcr's agcnts.Howevcr,prtor to Lendcr's notice to Borrower of �
<br /> Borrower's breach of any covenant or agreemcnt in the Security Instrument.Borrower ahall collect and rer.cive all rents _
<br /> , �-, and revcnucs of thc Property as uustcc for thc bcneGt of Lcndcr and Borrowcr. 'Iliis assignment of rents consdtutcs an -
<br /> �� absolutc assignmcnt and not an ass�gnmcnt for additional security only. __
<br /> � If Lender givcs noticc of breach to Bonowcr: (a)all rents rcceivcd by Sorrowcr shall bc held by Borrowcr ac -_
<br /> - �' uustec for bencfit of Lcndcr only,to be eppiiai to the sums secured by thc 5ccurity Instrument; (b)Lcnder shall be �_ __
<br /> �• endded to collect and receive all of the rents of ihe Property;and(c)each tenant ot the Property shtill pay all rents due =.-:_
<br /> � and unp�id to Lcnder or Lendcr's aEcnt on Lcndcr's writtcn demand to thc tcnant. ��_r.,_�_._ _
<br /> Borrower has not executed any prior assignment of the rents and has not and will not pedorm any act that would
<br /> � prcvcnt Lendcr from cxcrcising its rights undcr this paragraph 17. �j,,.
<br /> L.cndcr shall not bc required to enter upon,takc canvol of or maintain thc Property before or after giving nodce ot !..�
<br /> � brcach to BonowGr.Howcvcr, Lcndcr or a judicially appointcd reccivcr may do so nt any dme thcrc is a brcach. Any . �"'"�'��.
<br /> applicauon ot rcnts shall not cure or waivc any default or invalidatc any other right or rcmcdy of Lcndcr, 'Iliis .;'•=y�, �K`�V.,._
<br /> � assignment of rents of the Property shall terminate when ihe debt secured by 1he Security Insuument is paid in full, � r; R�
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