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<br /> , I . . 13.Noifces.Aisy nntice to Borrower provEded for in this SECUrity Lnsmunent shall be given hy delivering 4t or �
<br /> . • my�nailin�it by first class m�il unless applicabie law requires use of a�ottier�thod.7'he notice sh211�directed to
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<br /> . � ` the ProFeny Address or any other addrzss Bonawer desi�ates by notice co Lender. Any notice co l�eader shaU be
<br /> � , �iven by first class mail to Lzader's addmss state�i herein or any r.ddress ixnc�r aesiSnates by noiice co Barro�ver.
<br /> � � . Any notice provided for in this S�riry Instrument shall Ise deemed to have been given co Borrower or Ixnder when
<br /> � givea as provided in this Faragnph.
<br /> `�+:�; , 14.Govw�in�L�aw;Severability.This S�uriry Insmuuent shall be goveraed by fed�rat law and the law af
<br /> ' . - the jurisdiction in wluc�ths PropertY is located. Ia the event that any provision or clause of this SECUrity Instcument
<br /> ' or the Note wnflicts with applicable law,such conflia shall not affacc other provisions of this Securiry lnstrumeat or ��_�
<br /> • the Note which can be given effect without the conflicting provisioa. 'To[his eud the provisions of this S�cw�iry �;•-
<br /> '���'� dnsuument aad the Note are declazed to be se��eiable. of the Note and af this Seruriry W
<br /> '. . 15. San�ro�ver's Copy- Borrower shall be given one oonformed capY
<br /> ��`_
<br /> Instniment. _
<br /> � . b6, Ha�ouu�S�bsiaaaES. Horeowcr shall not cause or germit the preseaoc.use.dis�a`al•storage,or retease _✓_
<br /> � . of any Hazardous Substaaces on ar in the PmFeriY• g°rm�es shall aoi do.aor aUow anyoae else to do,anything _-
<br /> � af{ec�ng the Properry that is in violation of any Envimnat�tal Law. The preceding two sentences shall nat a�rty tc
<br /> �' the paesence. use. or swrage on the PtvpertY of small quantities of Hazardous Substanses that are gea.'Y'a11y _
<br /> rncognized to ls�appmpriaze W normal residential uses and m maintenance of the Properry. _-
<br /> � • , '�. Bortower shall pmmptly give Leader written notice of any investigation,claim,demand,lawsuit ar other a�icn
<br /> ' � bY�Y 8o�ental or regula�ory agency+or private party involving che PropeTry aIId any Harardous Subst��os =
<br /> L- • Environmental Law of which Bozrower has actual lmowl�d„e. If Batrower learns.or is aotifsed hy any govenua�
<br /> .� ato �n`•ori .that anY removal or other remediatioa of any H;�zazdous Sub:�.ces affe�ting the Propztey is
<br /> ot re�ul ry tY
<br /> . . . necessary.Bnrtaw�r shall pmmpdy take atl necessary remedial acrions ia accordanse with Envimmn�:l Law.
<br /> ' As used ia this paragraph 16. °Hazardous Substaaces' are thoasoline, kemsene�ers Sa.-nmable a�ous
<br /> .__ subssances by F�vironmental Law aad the following substaaces: g
<br /> � ' � peuoleum prndusu,toxic pesticides and'r.�zbicides.volaule solvents,materials oontaining ashatos or form2l��,
<br /> �. • and radioacCsse raaterials. As used in t}�i:a�aragraph 16, 'Environm�.'ntal Law'means federai L=�^s and laws c�`:iis —
<br /> • • jurisdicdaa�air�tlre Froperry is located cr.�relate to healtb,safetY or environmental pmtectiau.
<br /> ','' ;�.�.�,�.. t��'�T-1JIVIFORM COVENR1v"CS.Borrower and Leader further coveaant and a�as fflllows:
<br /> -_. . ':;,s`�;�� .�� 17.Assi�ent of I��Borrower uncoadirionally assigns and uansfers ta Ir�der all the�and re::aes
<br /> of the Properry• $oaower authonzes Lecder or l.ender's agents to coSiect the rxnts and revenues and hemby directs
<br /> � pch tenaru of u'�e Pmperty to pay tb:x m-r.is to Ixader or i.ender's bents• However,prior to I.eader's aorice to
<br /> ., " :• - Borrower ef�i�.-mwer's breach of any c:ssc�a.at or agreement in the�ariry Insnument,Boaower shall collest aad
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<br /> � -.� c�eive all rents aad revenues of the Qcoperty as aust�e for the beneEt of Lender and Boaower.This assignment of
<br /> ' ' :�nts constitutes an absolute assignment aud aot an assignm�t for additional security only.
<br /> If Lendez gives rtori�of breach to Bflrrower:(a)a11 renu r�eivez!by Eo:rower shall be held by Borrontr as
<br /> ,.,_ : y � tn�tee for heae�it of Leader only.to be:r�.-lplied co the sums�ecuce�by the Serurisy Insmiment;(b)Lxnder shall be
<br /> c -_.x-�,_..�.:, � perty:and(c)e�ch tenant of the PropercY shall PaY all rents
<br /> =�:��,.a�,,.�f�.� e n ti t l e d to collect aad receive all of tt��r:.zs of the Pro
<br /> • :.„ts�:°•' due aad unpaid to 1.eader or Lender's�o�t on Lender's wriuen d em�,n d to t h e[e n a a t•
<br /> - =�-'�"�`�`�,� Borrow�r has not eaecu u d anY prior a s s i g n m e n t o f t h e r e n t s a n d h a s n o t a n d w i l l a ot p erform an y act that would
<br /> :•�-���-"'� pnveni I.ender fmm exercisi�g iu rights under this paragraph 17.
<br /> -` ';.��;� l.ettdes�hall aat be required to es::�rsoon,take control of or maintain the PropenY before or nfter giving Qouce
<br /> ��-�^ ��� ' of b�tn�it�rrower.However, Len�r,�r a judicially apgointe��s.�i:�er may do so at any dme there is a breach.
<br /> '�r �. �; ,4ny xppli�:::�n of reats shatl aot cure a:waive any default or inval'uii�any other rigM or rem9dy of Lender.'I'�is
<br /> '�''�+�'�r� shall terminate wh�r.�e debt se�ured by che gsx:�:sity Instn�cnt is paid in fiil1..
<br /> -- ���F ��� � m�.�:�gument of rents of the PropertY
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