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��14��5 �e)Restrict�on�on Enforcement.No�wx�hs�anding anyth�ng e�se xn�his Securi�t�y Instrument,the Barrawer shaXl not be obligated to��mply with the covenants h�r��f, and Paragraph 19 shall have r�o for�e and effect,When�ver there�s no outstand�ng balanee under th� SeCond Nate. 14.Forbearance by Lender Not a Waiver.Any forbearance by L�nder in e�ereising any r�gh�or remedy sha11 no�be a v�aiver of or preclude�he exercise of any right or remedy. 15. Successors and Ass�gns Bound; Joint and Severa�L�ability.Borrov�er may not assign any rights or obligations under this Secur��y�ns�ruxnen�or�he Second Note, except�o a�rust that meets the requ�rements of the S�cretary. Borrov��r's covenants and agreements sha11 be joint and se�era�. 16.Nfltices.Any no�ice�o Borrawer pro�ided for in�his Securx�y�nstrument sha1l be g�v�n by deli�ering�t or by mailing i�by f rst c�ass mail unless appli�able�aw requires use of another method. The not�ce sha��b� direc�ed t�the Property Address ar any other address a1I Borrawers ja�nt�y des�gnate. Any notice to the Secretary sha1�be given�y firs�c�ass ma�I�a�he HLTD Fie�d�ffice with jurisdiction over the Property or any oth�r address desxg�ated by�he Secretaxy.Any natice pr�vided for�n this �ecurity�ns�rumen�shall be deemed��ha�e b�en g��en to Borrov�er or Lender vvhen g�ven as provided �n this Paragraph ��. 17. Governing Law; Severab�iity. This Se�urit�Instrument sha��be governed by Federa�Iav�r and�he �av��f the jurisd�ction�n which the Praper�y is la�a�ed. In the event that any prov�si�n or�lause of th�s Securit�Ins�rumen�or the Second Note conflicts v��h applica��e law, such confl�ct shall not affec�o�her prov�sxons�f this Security �ns�rumen�ar the Secand Note wh��h can be g;iven effec�vvi�hout the c�nfliG�ing pra�vis�on. To this end the pro��sions of this S�cur��y�ns�rumen�and the Secand Note are declared ta be severab�e. 1S. I3orrawer's�opy.Borrower sha�l be given one confarmed copy of�h� Secand Note and th�s Secur�ty Instrument. N�N-UN�FC]RM C��ENANTS.Borrower and Lender covenant and agree as follows: 19.Ass�gnment af Rents.Barrower unco�d�t�onal�y assigns and transfers�o Lend�r a11 the rents and revenues of the Propert�. Borrovver authori�es Lender or Lender's agents ta collect�he rents and revenues and hereby directs�ach tenan�of the Proper�y to pay�he rents t�Lender or Lender's agents. Hovvever, pri�r to Lender's n�t�ce to Borrower af Borrower's br�ach af an�cavenan�ar agreement in th� Security Instrum.e�.�,Borrower sha11 callect a.nd r�ce�ve all ren�s and revenues of th�Praper�as trus�ee for the benefit�f Lender and Barrav��r. This ass�gnmen��f rents consti�utes an abso�u�e assignment and no�a assignment for add��anal security on1y. �f Lender gives notice of br�ach to Borrow�r: �a�a11 re��s rece�ved by Borrower�hall be held by Borrower as trustee for benefit af Lender only,to be appl�ed to the sums secured by th�s Securit� �nstrument;(b�Lender sha�l be en�i�Ied��l�ect and receive al�of the rents�f the Property;and(c� each tenan�of�h�Proper�y shall pay al�r�n�s due and unpaid�o Lender ar Lend�r's agent on Lender's written demand to�he�enant. Barrower has not executed any pr�ar assignmen�of�he rents and has no�and will no�perf�rxn an�a�� that wou�d pre�en�Lender from�xerc�s�ng��s rights under th�s Paragraph �9,�xcep�as provided in�he First Se�urity Instrumen�e Lender sha�1 nnt be requ�red to enter upon,�ake can�ro�of or maintain the Propert_y�efore or after�ivin� Page 7 vf ll. HECM Second Deed Qf Trus�