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200305403 13. Notices. Any notice to Borrower provided for in this Security Instrument shall be given by delivering it or by mailing it by Bnt class mull unless applicable law requires use of another method. The notice shall be directed to the Property Address or any other addrrres Borrower designates by notice to Lender. Any notice to Lender shall be given by first class mail to Lender's address stated herein or any address Lender designates by notice to Borrower. Any notice provided by in this Security Instrument shall be deemed to have been given to Borrower or Lender when given as provided in this paragraph. 14. Coveining Luw; Seses ability. this Security Instrument shall be governed by Federal law and the law of the jurisdic inn in which the Propenv is located. In the event that any provision or clause of this Security Instmment or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. To this end the provisions of this Security Inslrumcm and the Note are declared to be severable. 15. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument, Ifi. Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the Property that is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence use, or storage on the Property of small quantities of Hazardous Substances that are generally recognized to be approprime to normal residential uses and to maintenance of the Property. Bti or shall promptly ge e Lcuder written notice of any investigation, claim, demand, lawsuit or other action by any govcmmcmal m rc,ulamn- agency or private patty involving the Property and any Hazardous Substance or Environmental Law of which Borrower has actual knowledge. If Ronower learns, or is notified by any governmental or regulatory authority, that any removal or other remediation of any Hazardous Substances affecting the Property is nwessary, Bom.we, shall pnmtpth take all necessary remedial actions in accordance with Environmental Law. As used in this parnpraplt Ifi, " Hazardous Substances' are those substances defined as toxic or hazardous substances by Environmcmnl t_aw aid the following substances: gasoline, kerosene, other nammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials As used iu this paragraph 16, "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate to health, safety or environmental protection. NON - UNIFORM COVF,NAN'TS_ Rorruwcr and Lender further covenant and agree as follows: 17. Avsignment of Bents. Borrower unconditionally assigns and transfers to Lender all the rents and revenues of We Property. Rorruwcr ant110117C, Lender or Lender's agents to collect the rents and revenues and hereby directs each tenant of the Propenv to pay dw rents to Lender or Lender's agents. However, prior to Lender's notice to Borrower of Borrower's hreaeh of am covenant or agreement in the Security Instrument Borrower shall collect and receive all rents and revenues of the Property as trustee for the benefit of Lender and Borrower. This assignment of rents c nolileles an absoluta assiennsur and not an assignment for additional security only. If Lender gives lot,,, of mach tO Borrower: (a) all rents received by Borrower shall be held by Borrower as trustee for benefit of Lcndcr only, m he applied to the sums secured by the Security instrument; (b) Lender shall be entitled to utll.t and rcccive all of the rents of the Property; and (c) each tenant of the Property shall pay all rents due and unpaid to Lender or Lender's agent on Lender's written demand to the tenant. Borrower has not executed any prior assignment of the rents and has not and will not perform any act that would pn;vcnt Lender joint cxclTiain3 its ii_hts under this paragraph 17. Lender shall nor he rrquircd to cuter upon, take control of or maintain the Property before or after giving notice of breach to Borrower. However. Lcndcr or a judicially appointed receiver may do so at any time there is a breach. Any appli,ti tun of reins shall not cure or waive any default or invalidate any other right or remedy of Lender. This assignment of rents of the Prupeny shall Innninate when the debt secured by the Security Instrument is paid in full. MRINEl iaoon ".swore