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<br /> ` -� ; 13.Nn3lres.Aay uo�ce w So�wer pmeidrd for in tbis:�ecuriry Insaument shail�e g(ven by detivering it or _
<br /> � by m�ilsng it by fi�t s3sss mail unless rpplicable law requires ase of auotRtr�aethad.'[he ao8ce shall be�1iaECted to -
<br /> . , �� the Fmperty Addsess or amy osher addcs�s Borrowes dc.�ignates by aoti�co Lender.Any notioe to LendEr shall be _
<br /> , . � d ess
<br /> � give�by first class m3U to LQader's ed��ed hetein or any�dtess Lender desi�aates by aouce to Hoxower.
<br /> pny nodce pmvid�for In W�S Settu'iry Insatuate�t shall�e d�effied to have been given to SflrroNer ar Leader when
<br /> >� :_;'"� biw2n ss Pmvid�sl in thts p�sagtaph• '
<br /> - �-'°`�; ` 14. t�ovarein��w.Severabi?itq.This Ssrsrity[as�.''�t shall br gov�by FedPral law�nd ths law of
<br /> ' .� '� .1 the jeui�dictioa in whirb the ProPertY is located.Tn the event thaz aay provision or clause of this Sxurity Insuument =
<br /> ,� or the Note conIIicts with applicabl$lacv.sucb conAict shaU aflt affect o�r pmvisions of ct3s Seciuity Insmiment or - _-
<br /> � ., th$ Note wt�c�can be gieea effect witltaut tke conflicting provision. To t3us end th�,gmvisions of this S�►riry f:_
<br /> - -�_ - In:-tsumeat aa�ttzt I�ate�dxlaRd to tt��t+er�ble. of Wo Note and of this Se�uriry
<br /> � 1S. BQnrowas'S Copq. 8orrowe; shall be given oIIe oonfo�d oopy
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<br /> ! 16. Hazardnu�Su6stsaees. 8arrawer shaU aot cEUSe or permit the preseuce,ase,disposal,storage,or release
<br /> . . '�.�1 of any�la�vrdous Subsmaoes on or in the PropertY-Borrov�'es'shall not do.aor aliow anyone e1se to do,anytt�inS ._
<br /> aff�ung the Pcog�rtY that is in vioi�tioa of any F�vimnffiQnta!law. The preceding taro senteuces sh�ll r�ot apply to 0
<br /> , ' the pmseace. use, or storage aa the Property uf sm311 quanthi� of Hazardnas Sy►bsrances that ara geaenlly -
<br /> a re�ognized co be aPP�Priate to aoxmai�e.sideatial u�s aad w maintenaa�e of the Pm�aty � _.
<br /> �: Bflmocver shall pmmPtlY Bive Ireader wriueu notice of any iavesti,gasion.claim,demaad,-awsait or other action _
<br /> . �Y �Y g�v��sat or r+�gulat�y age�..s s�P�i°2�e Fa�'s''�*Yniving the Property�ad any Ha7ardous Subslam:ce or
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<br /> . � _.�. E�vironmental Law of which Bor�ower has a�ual tmo�vledge. If Bnirower le�ns,or is aotiHed by any governmental =
<br /> � .� or regulatory authariEy,that any removal or ot$er remediatlon of a�r Harardous Substaacra affecrin8 the Property is �;__
<br /> aesessuY,Borrov�es Qhaf!prumpdy take all necessarY remedial artioms in Eeooxd�ce with Environmental law. _-
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<br /> � ��: . As used in this paragraph 16, 'Ha�ardflus Substances° are those substaaces defined as toxic or hzzandous _-
<br /> substsmces by Environmental law aad the following substauces: gazoline, keioseae, other flammable or toxic
<br /> _°- . ..r . Si
<br /> petrol�n produas,toxic p�ticides a�herbicldes,volaiite salventa,materials containin8 asbe�tos or fom�aldehyde.
<br /> aad cadioactive mate�ials. As used in this para�r"�Ph 16.'Environmental law' means federal laws aad Eaws of the
<br /> � .. ' jnrisdiaion where the PmpertY is located thzt�e�e to health,safery or envuonm�atal Protealon.
<br /> , NOK-UI�t�ORM COVENANTS.Borrowei aad Lender fucther covenaat an�a�+ee as follaws:
<br /> 17.Assignmeat oi Reats.Boirower uttconditianally assigns aad uansfeis to Lender all the rents a�d revenues
<br />.-. � of the Propsrty.Hoarotiver authorizes Lender or Lender's agents to collect ths rtnts aad revenuQS and hereby di�cts
<br /> - �tenant of ths Froperty co pay the rents m I�adez or IendePs agents. However, prior to l�ndes's uotice to
<br /> nan
<br /> . Borrower of Borrower's breach of arry coveQanr.ar r�ament in the��curify Insomm�eab Boirower shnll collect an�
<br /> . �`.;, receive all rents and revenues of t�e Property�rz��for the benefit of f�.'r aud Borrower.Tbis assignunemt of
<br /> renu ccnstitutes an absolute assigna�nt aad nat€a..:�gnm�s f�r addiflonal seruritY only.
<br /> If Len�er gives nntice of bmzch w Barm�rer:�a}all n�;�received by Bormwer shr;l be held by EotrowPr�.s
<br /> mistee for benafit of I.eader only.to be a�FUcti�a t:e sums secumd by the Security insavmeat;(b)1.�as�er sball b�
<br /> �'�,�E:a�-�I-���.: ' enrided to coAect�receive all of the rents nf�i�Pmperty:and(�)eath tenant of the Propeisy shatl gay a1D rents
<br /> �=t"-``:`�"�� due a*1�unpaid to L�der or Le�.d�r's ageni on I.ender's written demand w ttte teaant.
<br /> �'�;`'=��s�, Qanvwer has not execut�l arr��zor assignment of the reats and ha�aot aad wiil not perfonm any act that would
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<br /> ,;-:l:��'.�; Preveat h.eIIder fraaa exesrising.W z�-ts und:.r chis paragapfi 17.
<br /> ,.a�•:. •, Lender slull net�e required w enter a,��n. ci:se control of o�maintain the Propert3+before or after giving aotla
<br /> ii.'...�r;;..� of breach w Borrcvu�s.-.However, I.e�der or al��ii.-ia11Y ePPointed reuiver may do so at any time there is a breacb. '"
<br /> �.••�r.;,� lication of rents shall not cure or aaive any default or invalidate any other right ot remsdy of Lender.�is
<br /> �""��;,,�'�::_: s�ssign�u�.'�nt of nn2s of the Pmperty shall terminate when the debt secared by the�erurity''�-'suument is paid in fuU.
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