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��14�1353 14. Ga�erning Law; Se�erab�lity. This Security Instrum�nt shall be g��erned by federal law and th� law of the jurisdiction in which the Property is located. In the e�ent that any prv�isian ar clause of this Security Instrument ar the N�te conflicts with applicable law, such c�nflict shall no� affec�other provisions of this Security Instrument or th�No�e wh�ch can be given effect without the conflic�ing provisian. To this end the pr��isions of this Security Instrument and the Note are deciared ta be severable. 15. Borrower's Cvpy. Borrower shall be giv�n�ne�onformed copy of the N�te and of this Security�nstrument. 16. Hazardau�Substances. Borrower shall not cause�r perm��th�presence,use, dispasal, storage, or release of any Ha.2ardous Substances an or in the Property. Borrower shall not da, nor a11ow anyane else to do, anything affecting�he Property that is in �iolat�on of any En�ironmental Law. The preceding two sentences shall not apply to �he pr�sence, use, or st�rage an the Pr�perty of sma11 quantities of Hazardous Suhstances that are gen�rally recognized t�be apprnpriate to normal residen�ial uses and to maintenance of the Property. Borrower shail promptly gi�e Lender written notice of any in�estigation, c1a�m, demand, lawsuit ar other actian by any gv�ernmental ar regu�atory agency or pri�ate party �n�oi�ing the Property and any Hazardous Substance ar En�ironmental Law of which Borrower has actual knowledge. �f Barrawer learns,or is notified by any go�ernmental or regulat�ry authority, that any remo�al or ather remediati�n of any Hazardous Substances affecting the Praperty is necessary, Borrower shall promptly take a�l ne�essary remedial actions in accardance w�th Enviranmental Law. As used in this paragraph l 6, "Hazardaus Su�stances" are those su�s�ances def ned as toxic or hazardous ; substances by En��ronmentai Law and the fo�lowing substances: gasol�ne, kerosene, other flammable or toxic petra�eum praduc�s, t�xic pesticides and herbicides,�ola�i�e so��ents, materials cantaining asi�estas or forma�dehyde, and radioacti�e materials. As used�n this paragraph 1�, "EnWironmentai Law" means federal laws and laws of the jurisdi�tion �here the Property is located�hat relate to health, safety or en�ironmental protection. N�N-U NI F�I�A C�VE NANTS. Borrawer and Lender further co�enant and agree as fo�lows: 17. Assignment of Rents. Borrower unconditionally assigns and transfers to Lender a�l the ren�s and re�enues of the Property. Borrower authorizes Lender or Lender's agents to collec�the ren�s and re�enues and here�y directs each�enan� of the Praperty ta pay the rents to Lender or Lender's agents. H�we�er, prior ta Lender's nvtice to Barrower of Borrower's breach of any co�enant or agreement in the S�curity Instrument, Borrower shali col�ect and recei�e a�l rents and re�enues of the Praperty as trustee far the benefit of Lender and Borrower. This assignment�f r�n�s constitutes an absalu�e ass�gnment and not an assignment for add�t�ona� security on�y. If Lender g��es notice of breach to Borrower: �a}all rents recei�ed by Borrower shall be held by Borrower as trustee f�r beneft of Lender only, to be app�ied to the sums secured by the Security Instrument; �b}Lender sha�l be entitled to collect and recei�e al1 of the rents of the Property; and�c}each tenant of the Property shall pay a11 rents due and unpaid to Lender or Lender's agen�on Lender's written demand ta the tenant. Borrawer has nat executed any prior assignmen�of the ren�s and has nat and will not perform a.ny act that wauld pre�ent Lender from exercising its rights under�his paragraph l7. Lender sha�1 not be requir�d to enter upon, take contro�af or maintain the Property before or after gi�ing no�ice af breach to Borr�wer. HovWe�er, Lender or a judicially appointed recei�er may do so at any time there is a breach. Any application of rents shai�not cure or wai�e any defaul�or in�alidate any other right or remedy of Lender. This assignment of rents of the Property shall term�nate when th�debt secured by the Security Instrument rs paid in full. ; 18. Foreclosure Pracedure. If Lender require5 immediate payment in fu�l under paragraph 9,Lender may in�oke the power af sale and any vther remedies permitted by applicable law. Lender shall be entitied t�callect � all expenses incurred in pursuing the remedies pro�ided in this paragraph 18, �ncluding, but not �imit�d to, � reasonable attorneys' fees and casts af title e�idence. � If the power vf sa�e is in�oked, Trust�e shall record a notice of default�n each county xn which any part of the Praperty is �ocated and �ha�l mail ��pies of such nat�ce in the manner pre5cribed by appl�cable law to � Barrower and ta the flther persans prescribed by appli�ab�e law. Af�er the time requ�red by applieabie law, Trustee, 5ha�l gi�e public notice of sale to the persans and in thQ manner prescribed by applicable�aw. Trustee, withaut demand on Borrvwers shal� sell the Property at public auction to the highest bidder at the time and � � FHA NEBRASKA aEED�F TRUST - MERS p�� NEDdT2.FHA o7�a�� Page 5 of 9 www.doemagic.corrr