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<br /> 13. Notices. My notice to Borrower provided for ln this Securiry Instrument shall be givcn by delivering it or :, .__,
<br /> by mailing i[ by First class mail unless applicable��ae desl�natessby no ice co I.e der. Any nodce o�i.endcrrshall be "��
<br /> the Propeny Address or any other address Bon B
<br /> • given by first class mail to Lender's address stated herein or any address Lender designates by notfce to Bonower. -__
<br /> My notice provided for in this Seauriry Instrument shall be deemed to have been given to Bonower or Lender when "-�-
<br /> . given as provided in this p:uagraph.
<br /> 14. Governing Law; Severabillty. This Security Instrument shall be governed by Federal law and the law of
<br /> the jurisdiccion in which the Froperry is locaced. In the event that any provision or clause of this Security Instrument -
<br /> or the Noce conflicts with applicable law, such conflict shall not affect other provisions of this Security Instruinent or �r
<br /> � the Note which can be given effect without the conflicting provision. To this end the provisions of tl�is Security
<br /> � Instrument and the Nate are declared to be severable. of the Note and of this Security
<br /> 15. Borrower's Copy. Borsower shall be given one conformed copY
<br /> instrument. �`
<br /> 16. Hazardous Substaaces. Bonower shall not cause or permic the presence,use,disposal,storage.or release
<br /> �� of any Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything �
<br /> affecting che Property chat is in violation of anY E of sm 1 nquantities of Hazudoust Substances that laze generally
<br /> � the presenrx, use, or storage on the Property
<br /> reaogniud to be appropriate to normal residential uses and to maintenance of the Pcoperry•
<br /> - � - - Boaower shaii piu�.lptty givc Lender�rrltten n�tice of nny investigation,claim,demand,lawsuit or other action
<br /> • by any govemmental or regulatory agency or private perty involving the Properry and anY H�d°uy Substancc or
<br /> Environmental Law af which BonoweV�h or other r�emed arion of any Hazardoas Substances affecting the PropertYt s
<br /> or regulatory authority, that any remo
<br /> necessary,Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law•
<br /> As used in this pazagraph 16, "Hazardous Substances" are those subst k os nef nothers flanunable or�oxic
<br /> substances by 6nvironmental Law and che following substances: gasoline,
<br /> peuoleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde,
<br /> and radioactive materials. As used in this atareln epto health nsafety or environmental Prot�ettonlaws and laws of the
<br /> � jurisdiction where the Property is located th
<br /> + NON-UNIFORM COVENANTS.Bonower and Lender further covennnt and agree as follows: -
<br /> �. 1�,,siss�gnment of Rents. Bonower unconditionally assigns and transfers to Lcnder all the rents and revenues `
<br /> �. of the Properry.Bonower authorizes Lender or l.ender's agents to collect the rents and r�or to Lender's notice to =
<br /> each tenant of tbe Properry to pay the rents to Lender or Lender's agents. However, p
<br /> � Borrower of Bonower's breach of any cuvCnant or agrcemcnt in:l:e�a'uriry Instn�ment,Borrower shall collect and �_,
<br /> receive all rents and revenues of the PropertY as crustce for the benefit af L.ender and Bonower.This essignment of �
<br /> �..
<br />�� � rents constitu[�:s an absolute assignment and not an assignment for additional security on y.
<br /> �:;
<br /> +� If Lender gives notice of breach to Borrower: (a) all rencs received b Borrower shall be held by Bonower as �:,_-
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<br /> '� trustee for bcnefit of Lender only,to be applied to the sums secured by the Security Instsumeat;(b��n a°r�l�ren s �
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<br /> entided to collect and receive all of the rents of the Properry: and(c)each tenant of the Properry P Y r
<br /> ' . due and unpaid to Lender or L.ender's agent on Lender's written demand to the tenant. a��—
<br /> ' Borrower has not executed any prior assigmnent of the rents and has not and will not perform any act that would ' ,
<br /> � prcvent Lender from cxercising its rights under this paragraph 17. r•�_'-=r--,,;:
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<br /> Lender shall not be requlred to enter upon,take control of or maintain the Properry before or after giving notice � m^=�--_
<br /> " ��-�.:
<br /> of breach to Borrower. However, Lender or a judicially appointed receiver may do so at any cime there is a breach. '��6 �,.•
<br />_ � Any application of rencs shall not cure or waive any default or invalidate any other right or remcdy of Lender.This ,�„���
<br /> assignment of rents of the Propeny shall terminate when the debt secured by the Security Instrument is paid in fulL � .4;:_
<br /> Pnqu�ot B INUA�i��_ ,
<br /> ��4HINE1 iesoai.oi
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