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��14�753� <br /> �5. Bvrrow�r's Copy.��rrower shal�be giv�n one conformed copy of�he Note and of this Security <br /> Instrument, <br /> '�fi, Haaard a u s�u bsta n ce�.Borro��r shall not cause ar permit the presence,use, disposal, storage, or re�ease <br /> of any Hazardaus Substa.nces on or in the Prap�rty. ��rro�er shali not d�,n�r a�low anyone��se to do, <br /> anythi�g affectrng#he Proper�y tha�i�in�io�ation of any En�ironmental Lavv. The preceding�ra sentences <br /> . shall nat appl�r to the presence,use,or storage an the Property af srna��quan����es of Hazard�us�ub�tances <br /> �hat are generaliy rec�gnized to be appropriate to n.orma�res�dential uses and to maintenance of the Property. <br /> Borro�ver shail prompt�y give Lender�ritten not�ce of any investigat�on, c�aim,den�and, la�su�t or other <br /> aetion by an�go�ernmental or regu�a�ary agency or private p�rt�invo�ving the Praperty and any Hazardous <br /> Substance or Environmental Law of�hi�h Borro��r has a�tual knQwledge. If Borrower learns,or is notifi�d <br /> b�an�governmental or regulatory authority,that any remaval or other remediation of any Hazardous <br /> Substances affecting the Pr�perty is necessary, Borrower shal�promptiy take a��necessary rem�dia�actions <br /> in accorda�►ce with En�ironment�l Law. <br /> As used in this paragraph I 6, "Ha.zarc�ous�ubstances"are those substances defined as toxic ar hazardous <br /> sub�ta.nces by Envi.ronmenta.�La�v and the following substa.nces:ga��line,keros�ne,a�her fl�mmab�e or tox�c <br /> petroleum praducts,toxic pes�ic�des and h�rbic�de�,vo�atile solvents,materials containing asbest�s or <br /> formaldehyd�,and radioact�ve materials.As used in th�s paragraph��, "Environmental La�"means federal <br /> laws and�ativs of�he jurisdiction where the Property is loca�edthat relate to health,safe�y or en�ri.r�nmental <br /> pratectian. <br /> Nort-Unifvrm Cvvenants.Borr�wer and Lender further ca�re�ant and agree as fol�ows: � <br /> ��. Assignmentof Rents.Borro�rer unconditianalty assigns and�ransfers tQ Lender a11 th�rents and re�enues <br /> of the Prop�r�y, Borrower authariz�s Lender ar Lender's agents to collect the r�nts and re�enues ancl hereby <br /> directs each tenant of the Praperty to pa�the rents to Lender or Lender's agents. How�ver,prior to Lender's <br /> n�tice to Borrawer of�orro�rer's breach af any cove�aant or agreement in the Security Inst,rumen�,Barro�rer <br /> shai�ca�leet and rece�v�al�rents and revenu�s of the Propert�as tr�ustee for th�ben�fit of Lender and <br /> Borrower. Th�s assignment of rents cans�itutes an absolute assignment and not�.n assignm�nt for add�ti�nal <br /> secur�ty only. <br /> If Lender gives notice of breach�o Borra�er: �a}a��r�nts rece�ved by Borrower sha�I b�he��.by Borrower <br /> as tr�ustee fot ben�fit of Lender on�y,to be app��ed ta the sums secured by�he Secu.rity Instrument; (b) <br /> Lender sha11 be entitled to cal�ect an�receive ail af the rents o��he Proper�; and(c�each tenant af the <br /> Property shali pa�all rents due and unpaid ta Lender or Lender's agent on I�ender'�written demand ta�he <br /> tenant. <br /> Borrower has n�t executed any pri�r assignment of the rents and has�ot and�ill not perform any act that <br /> would prev�nt Lender from exercisi�g its rights under this paragraph 17, <br /> Lender shal�not be required ta enter upon,take can�rol af or maintain the Property before or after g��ring <br /> notice�f breach to Barro�ver. Hou�ever,Lender ar a judicially appointed recei�er may do s�at any��me <br /> ther�is a br�ach. Any app�icatian of rent�sha�I not cure or�uai�e any default or inva��date any other right or <br /> rem�dy of L�nder. This ass�gnment of ren.ts of the Propert�r sha11 terminate�vh�n the debt secured by th� <br /> Security Instrument is paid�n f�il. <br /> '!8. For�c�osurePrvicedure.If Lend�r requires�mmediate payment�n full ur�der para�raph�, Lender <br /> may invvke the p��ver of sale and any o�her remedies permitt�d by app�i�able law,Lende�shall be <br /> ent�txed to col�ect�l�expenses incurred in pursuing th�remedies under�his paragraph 18,�nclud�ng, <br /> but n�t�imited t�,re$sonable attorneys' fees and casts of title e�idence. <br /> FHA Mvrtgage WITH MERS-NE Revised 4I9G <br /> VMP C� VMP4N4NE}�13D2�A� <br /> Vlfolters Kl�twer Financial Senrices Page T af 1� <br /> q�3333884�98 �233 287 �71Q <br />