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��15��345 <br /> 15. Borrov�rer's Copy.Borrower sha�l b�given one confvrmed copy of the Note and�f this SeGuri�y <br /> Instrument. <br /> ��. Ha�ardausSubstances.Borro�ver shall not cause or permit the presence, use, dispasal, storage, or re�ease <br /> of any Hazardous Substan.ces an or in the Praperty. Barrower shall nat do,nor a11a�anyone else to do, <br /> anything affecting the Property that is ux�iolation of any Enviroamental Law. The preceding two sentences <br /> sha11 not appl�r to the presence,use,or storage on the Property of sma��quantitie�of Haza�rdous Substances <br /> that are generally recogni.�ed to be apprapriate to normal residential uses an�to maintenance of the Property. <br /> Borrawer sha11 pramptly give Len�er written not�ce of any in�estigation,c�airn,demand, lawsuit or other <br /> action by any governrnenta�or regulatory agency ar private par�r involving the Praperty and any Hazardous <br /> Substance or Envuonmen#al Law of whiGh Barrower has actuall�aowledge. If Barrower learns,ar is notxfied <br /> by any governmental or regulatory authority,that any removal or other remediatian of any Haza,rdous <br /> Substances affect�ng the Froperty is necessary,Borrower shal�pramptl�ta.ke a11 necessary remedia�actians <br /> in accordance with En�ironmenta�Law. <br /> As used in this paragraph I 6, "Hazardaus Substances"are those substan.cesdefined as tox��or hazar��us <br /> substancesby Envirvnrnental Law and the fa�lowing substances:gasoline,kerosene,other flamranable or toxic <br /> petroleum products,toxic pesticides and herb�cides,volatile solvents,materials containing asbestos or <br /> forma�dehyde,and radioa�tive materia�s.As used in this paragraph 1�, "�nvironmental Law"'means federal <br /> laws and la�s of the jurisdiction�rhere the Praperty is lacated that r�late ta health,safety o�environmenta� <br /> protectio�. <br /> !�o'n-Unifor�m Covenants.�orrower and�.ender further cov�nant and agree as fo��ows: <br /> �I�, Ass�gnm�ntaf Rents,Borro�ver u.ncandition.all�assigns and transfers to Lender a11 the rents and revenues <br /> of the Froperty. Borrower authorizes Lender ar I�ender's agents t�collect the rents and revenues and hereby <br /> directs each tenant�f t�e Property to pay#.�e re�.t.s to Lende�'or Lenc�er's agents.I�ov�ever,�r�or to Lender's <br /> notice to Borrawer af Borrower's breach of any e��enant or agre�ment in the Secur�ty Instrument,Borrower <br /> sha��c�l�ect and re�eive all rents and fe�enues�f the Propert�r as t�ustee far the b�nefit vf Lender and <br /> Borrower. Th�s assignment of rents constitutes a�absoiute ass�gnment and not an assignment for add�tional <br /> security on�y. <br /> If Lender gives notice of breach to Borrower: (a�ali rents received by Barrower�ha11�e held by Bvrro�er <br /> as trustee far b�nefit of Lender only,ta be appli�d to the sums secure�i by the Security Instrument; (b) <br /> L�nder shail be entitled�v�vt�e�t and receive a�l of the r�nts of the Pr�pert�;a�d(c}each t�nan.t of the <br /> l�roperty sha�l pay aI�rents due and unpaid to Lender or Lender's agent on Lender's written demand to the <br /> tenant. <br /> Borrower has not executed any prior as�ignment of the rents and has not and wi11 not perfarm any act th�t <br /> �ou1d prevent Lender from exercising its rights under this paragraph 17. <br /> Lender sha�l n�t be requu�d to enter upon,take contro�of or maintain the Property bef�re or a�er giving <br /> nat�ce of breach to Borrower. Hovwever,Lender or a judicial�y appoint�d receiver may da so at any time <br /> there is a breach.Any application of rents shall not cure ar�aive any default�r invalidate any other right or <br /> remedy of Lender. This assignment of rents of the Property sha�l terminate when the debt secured by the <br /> Sec�xrity Instrument is paid in fix11. <br /> �8. ��rec�osurePro�edufe.if Lender requires inlmed��te payment in ful�under para�raph 9, Lender <br /> may invoke the power af sa�e and a�y other remedi�s permitted by appli�ab�e law.Lender shall be <br /> entitled to evlle�t all expenses incurre�in pursuing the remedies under this pa�ragraph 18,inc�uding, <br /> but nat limited t�,rea��nable attorneys'fees�nd costs of title e�idence. <br /> FHA Martgage IN�TH MERS-NE Re��sed 419fi <br /> VMR� VMP4N(NE}(13p2�.� <br /> Wa[ters Kluwer Finar��isf Serv�es Page 7 of'i 0 <br /> q�333�s8�lsz az�3 �s� a�io <br />