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��15�1344 'I 5. Bor�ro►nr�r's Copy.�arrawer sha11 be given one conformed copy of the Note and of t�is Securrty �nstrument. 'I fi. HazardousSu�stances.Borro�ver shall no�cau�e or permit the presence, use, disposal, storage, ar release of any Hazardous Substances an or in the F'roperty. Borrower sha��no��.o, nor a��o�v an��ne e��e to d�, anything affecting the Proper�y that is in�iolation of any Environmental Law, The pr�ceding t�o sentences shall r�ot apply to the presence,use,or storage on the�'roper�y of smal�quantities af Hazardaus Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of the Property. Borrower shall prornptly�ive Lender written notice of any investigatiox�,claim,demand, �awsuit or other action by any gavernm�nta.�or regu�atar�ag�nc�Q�-pr��a�e party�n�ra��ng the Prop�rt�and any Hazardous Substance or Envir�nmental Law of which Borrotiver has actual knowledge. If Borra�ver learns,or is n�tified by any ga�ernmenta.�or regu�atflry authorrty,that any rem�va�ar other reme�iation vf an�Hazardnus Subs�a.nees affecting the Property is nec�ssary,Borrower shal�prompt�y ta.ke all necessary remedial actions in accordanee with Environme�ta�Law, As used Yn this paragraph�6, "Ha�ardous Substan�es"aa�e thos�substan.ces de�ned as taxic or ha.za,r�lous subsfiancesby En�ironmenta.i La�v and the fallawing substan�es:gasoline,kerosene,other flammable or toxic petroleum praducts,tax�c pestrcxdes and�erbie�des,va�at��e sQ�vents,r�ate�ra�s ca�ta�n�ng asbestos or formaldeh�de,and radiaactive materials.As used in this paragra.ph�G, "Environmental Law"means federal �av�s and Iaws af�he juris�iction vvhere t�e Property is�ocated t�at re�ate t�hea��h,safetyar environmenta� protection, Non-U n iform�o�enants.Borrower and Lender further cov�nant and agree as follows: '17. Assignmentof R�nts.�orrativer uneonditionally assigns and transfers to Lender aII the rents and rever�ues of the Property. Borrower au�hori2es Lender or I�ender's ag�nts�o coll�ct the rents and re�enues and hereby directs each tenant of the Property to pay the rents to Lender or Lender's agents. However,pr�or ta Lender's noti�e to Borravver af Barrower's breach of any co�enant or agreement in the Security�ns�rum�nt,�orrow�r shaii collect and recei�e all ren�s and revenues af the Propezty as trustee f�r the benefit af Lender and Borro�er. Th�s ass�gnme�.t vf rents cv�sti�utes an absolute assignment and nat an assignment far additionai security only. If Lender give�notice of breach tv Borrawer: (a}a11 r�nts received by�arrovver sha�I b�heid by Borrower as trustee for benefit of Lender only,ta be app�ied to the sums secured by the S�curity Instrument; �b} Lender shall be entit�ed to collect and recei�e a11 o�'the rents of�he Property;and(c}each tenant of the Praper�y sha11 pay a11 rents due and unpaid ta L�nder ar Lender's ag�nt on Lender's�ritte�demand to the te nant. Borro�uer has not executed any prior assignment of�h�rents and has not and wiii not perf�rm any a��that would prevent Lender fram ex�rc ising its rights under this paragraph 17. Lender shali not be required�o enter upan,take control of or maintain the Property befare or after giving n.o�ice�f�reach to Barrn�ver. H�we�er,�,�nder or a�u�icra��ap�Q��ted rece�ver may do so at any txx�e there�s a breaGh.Any application of rents shall not cure or waive any defaul�or invalidate any other right or remedy of Lender. This assignment af rents of�he Proper�r sha��termix�a�e when the debt secured by the Security Instrument is paid in fu11. 18. ForeciosurePracedure.If Len�ier require�immediate payment in full under paragraph 9, L�nder ma��oke the power�f sa�e and an��ther remed�es perm�tted by app��cable�aw.Len�er shall be entitled tfl ev�lect a11 expenses incurred in pursuing the remedies under this paragraph 1$,including, but not�xmited tv,reasonable att�rneys'fees and costs of title ewidence. FHA Martgage WITH MERS-NE Re�ised 4196 VMP C7 VMP�N(1��}�1302).�Q Wolters K#�wer Financia!Servi�es Page�of 14 q�333�5734Q6 233 3?1 �71U