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<br /> 13. Notiee�.Any no[ice to Borrower provided for in this Securicy Instrumcn[shall be given by delivering it or
<br /> by mailing lt by firot class mail unlesa applicable law rcquiL�es use uf another mcthod.The noticc shdl be directed to
<br /> thc Property Address or any othcr addres� Boa�wer designares by notice to L.cndcr. Any notice to L.end�r shall be �
<br /> given by firot class m�il to Lender's address stated herein or any addrass Lendcr designatcs by naice ro Borrowcr.
<br /> Any nocice providat for in this Socuricy lnstrument shall be deemed [o have Ixen given,to Burrower or L,ender when
<br /> given as provided in this puagraph.
<br /> 14. Governing�w; 9everability.This Security Inst�vment sball bc govemed by ['cderal law and the law of
<br /> the Jurisdiction in which the Property is located. In the event that any provision or clause of this Security In�irument
<br /> or the Note conflicts with applicable law,such conFlict shall not atfect other pmviefons of this Secudty Instcument or
<br /> the Note which can be given effect without the conflicting provision. To this end the provision�of this Security
<br /> Instrument and the Note are declared to lx severable.
<br /> 15. Borrower's Copy. eorrower shaA be given one conformed copy of the Nute and of this Security
<br /> Instrument.
<br /> 16. H�v�edous Sabstanca• BolTOwar shall not cause or pemvt the presence,use,disposal, storage. or re ease
<br /> of any HxTTardous Substances on or in the Properry. Borrower shall not do, nor allow anyone�lse to do, uiything _
<br /> affecting the Property that is in violation of any Environmen��l law. The preceding two sentences shall not�pply io
<br /> the presence, use, or storage on the Property of small quanti:ies of Hazardous Substances th�t ue gener�lly
<br /> recognized to ba appropriate to normal residential uses and to rts�intenance of the Praperty.
<br /> 8orrower shall promptly give l.ender written notice of any investigation,claim,demand,lewsuit or nther action
<br /> by any govemmental or ngulatory agency or private pazty involving the Propeny uid any Hu.ar�loua Substance or
<br /> Enviroamental Law of which Bonowor hu accual knaw1a18e. If Borrower learns,or is notifiut by u�y gov�mment�l
<br /> or regulatory authoriry, that any nmovai or od�er remsdiation of eny Hazardous Substances effxNng the Propeny is
<br /> necessary,Bonower shall pmmpNy take all necessary remedid acdons in accordnnce with Environmentel Law.
<br /> As used in this puagraph 16, "Hazardous Substancea" ue those substances deCned as toxic or hu.ardow
<br /> substances by Environmental Law and the following substances: gasoline, kerosene, other flunmsble or toaic
<br /> petroleum products.toxic pesticides and hozbicides,volatile solvents,mAteri�ls containing osbescos or fomnaldehyde,
<br /> and radioaccive maicri,�s. As�in ;�is p°s�s;ra�h 15. "Environmental Law" means federal laws and laws of tl►e
<br /> jurisdiction where the Property is located that relate to health,satety or envimnmenta!pcotection.
<br /> NON-UNIFORM COVENANTS.Borrower and Lender fuzther wvenant and agra ns follows:
<br /> 17.Assigamwt ot Renb. B°1T°wer unconditionally �ssigm and truufers to L.end�r�11 the rents ond revonua
<br /> of the Property.Borrower authorizes Lender or I.ender's agents to collect the rents and revenues uxl hereby direcu
<br /> each teiunt of the Property to pay che ronts to Lender or L�ender'e agents• Nowever, prior to Lender's notice to
<br /> Borrower of Borrower's b:each of any covenant or agreenxnc in the Securiry Instcument. Borrower sh�ll collat and
<br /> receive all rents and revenucs of the Property as trusta for the benefit of Lender and Borrower. This�ssignmmt of
<br /> nnts constiwtm an absolute assignment and not an assignnxnt for udditional security only.
<br /> If Lender gives notice of brasch to Borcower: (a)all rena received by Borrower shdl be held by Bomower v
<br /> tnutee for benefit of L,ender only,to be applied to the sum�secured by the Saurity Instrulr�ent: @)l.ender sh�ll b�
<br /> entitled to collect and receive all of the rents of the Properry: +wd (c) each tan�ne of the Property sh�l�P�Y����
<br /> due and unpaid to L.ender or Lcnder's agcnt on L,ender's written demmd to the tenant.
<br /> Borrower has not ezxutai any prior auignment of the renu and has not and wi11 not perfurm unY�c�tb+►t would
<br /> prevent Lender from exercising its righu under this par�graph 11, �fore or�fter ivia notia
<br /> I.ender shall not be nquiral to enter upon,tak�contml c�f or maintein the Property 8 B
<br /> of breac6lo Borcower. However, I.ander or n judicially appointtd receiver may do so at any time thece is a breach.
<br /> Any application of rents shall noc cure or waive any defaul�or invalidate any other right or remedY of l.ender.This
<br /> assignment of rents of the Propeny shall terminate when the debt sa:ured by the Sa:urity Iastrument is pud in full.
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