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��14��953 <br /> ��. Bo�rvwer's Copy.Borrov�er sha11 be give�.on�conformed copy af the Note and of�bis Securit�r <br /> Instrum�nt. <br /> 'I�. Hazardous Su bstances.Borrower shall not cause or pernu�the presence,use, dispos�l, storage, or release <br /> of any Hazardous Su�s�an.ces on or in the Praperty. Barrovver sha11 not do,nor a11ow anyane�lse to do, <br /> anythYng affecting the Proper�y that is�n�io�ation�f any En�r�ronm�nta�La�, The prec��ing two sentences <br /> shal�not app�y to the presence,use,or stora.ge an the Prvperty of small quantities of Hazardous Su�stances <br /> �hat are generally recogni2ed ta be appropriate to normal res�dentia�uses and to maintenance of�he T'roperty. <br /> Barrow�r�ha��prompt��r g�ve Lender wriiten notice of any inv�stigation,claim,demand,lawsuit or other <br /> act�on by any governme�ta�or regulat�r�r agency�r pri�ate party involving�he Praper�and any Hazardous <br /> Sut��tance or Environmenta�Law�f which Borrawer has actual knawl�dge.If Borrower tearns,Qr is n.otif ed <br /> by any g�v�rnmental or regutatory au�hority,�hat any removal or�ther remediatian of any Ha�ardous <br /> Substances affecting the Property is necessary,Borrower sha��promptly take a��necessary remedial action.s <br /> in accordance�vith Env�ronmental Lavv. <br /> As used in this paragraph��, "Ha�ardaus Substa�ces"are�hos�subs#a.ncesdefined as tox�c or hazardous <br /> substa�cesby Envir�nmental Law and the ft�llovvxng substances:gasoline,I��rvseae,ather flammable or toxic <br /> petxaleum praducts,tox�c pesticides and herbicides,vo�atile so�v�nt�,materia�s con�aining asbes#os or <br /> formaldehyde,and radi�active materials.As used in th�s paragraph 1�,"Envuonmental La�r"m�an�federal <br /> �aws and�aws of the jurisdict��n wh�re the Property is�ocat�dthat relate to health,safety or en�r�ronmen�al <br /> protection. <br /> Nt�n-�U n iform�a�enants.F3orrower and Lender further covenant and agree as f�llvw�: <br /> 17. Assignmentvf Rents.Borrower uncanditianalt�ass�gns and transfers to Lender a�l the rents and revenues <br /> of the Property.Borro�ver authorizes Lender or Lender"s agents to collect the rents and revenues and her�by <br /> directs each tenar�t of the Froperty to pay the rents to Lend�r or Lender's agents, However,priar to Lender's <br /> notice to Borrower af Borro�v�r's�reach of an�r covenant or agreement in the S�curity Instrument,Barrower <br /> shal��ollect and receive a11 rents and revenues of the Property as trustee for the benefrt of Lender and <br /> Barr��er. This assignm�nt of ren�canstitutes an absolute assignment and not an assignment for additi�nal <br /> security onl�. <br /> If Lender gi�es natice of breach to Borrower: �a�a11 rents received by Borrower sha11 be held by Borrotiver <br /> as trustee for benef t of Lender anly,t�be applied to the sums secured by the Security Instrument;(b� <br /> Lender sha11 be ent�tled to collect and receive all of the rents of the Propert�;and�c}each tenant of the <br /> F'raperty sha��pay all rents due and unpaid to L�nder or Lender's agent�n Lender's vvritten demand to the <br /> tenant. <br /> Borrovver has not executed any prior assignment�f the rents and has not and wi1�nat perfarm any act that <br /> wou�d prevent Lender from exercising its rights under thi�paragraph 17. <br /> Lender shall not be required to enter upon,ta.ke control af or maintain the Propert�before or after giving <br /> natice of breach to B�rrawer. Hflwe�er,Lend�r vr a,�ud�cially appo�nted recei�er may do so at an�time <br /> there is a breach.An�app�ication af rents sha��aot cure ar�va�ve an�defau�t or inval�date any other right or <br /> rem�dy of Lender.This assignrnent of ren�s of�he Property sha11 terminate when the debt s�cur�d by the <br /> Security Instrument is pa�d'ul ful1. <br /> 't$. For�closur�rocedurB.If Lender requ�res�mme�iat�payment in full under paragraph�, Lender <br /> m�y in�oke the power vf sale�nd any other remed�ies permitted�y applicable i�w.I.ender shall be <br /> entitl�d to��ll��t all�xpenses ineurred in pursui.�g the r�medies under this paragraph 18,inctuding, <br /> but nv��imited to,r�ason�bie attQrneys'fees and costs af title ev�dence. <br /> FHA Mortgage WlTH MERS-NE Re�ised 41�fi <br /> VMP� VMP�N(NE��13D2).44 <br /> Wolte�s Kluwer Financial Sen+ices Page 7 of'i 4 <br /> qU3323169�89 n�33 297 �71� <br /> I <br />