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20090'7268 13. Natives. Any notice to Horrnwer provided for in this Security instrument shall be given by deliverinb it or by utailitag it by first cl:~ss mail unless applicable law requires use of attntlter method. Tate notice shall be directed to the Property Addres, [tr arty oilter address kiorrnwer designates by ttoticc to Lender. Any notice to Lender sttatl 'be given by first class mail to l,endar's address slated herein or any address Lender designates by notice to Borrower, Airy notice provided for in t11is Secut'ity lt-Strutuent shall be deemed to have been. given to )3arrovver or Leader when given as provided iu this paragraph. 7.4. Coverrtlug I.av<•; Sevcralt'rlity. This Security lustt~tntent shall. be governed by Federal taw and the iaw of the juri5di.ctiun iu which tltr: Property is located. In the event that arty provision or clause of this Se{:uriry instrument ^r the Note i:ontlicts with applicable law, such conflict stroll tuft affect outer pi'ovisioa[s of this Security instrument ar tltc Note which can be given effect without the conflicting provision. To this ettd the provisions of this Security Ittslruutettt and tite Note arc declared to lae severable. l5. Borrower's Copy. Burrower shall be given Otte cot[fnrnted copy of the Note and of this 5ecua~ty Iustrutuertt. 16. Hazardous Substances. 'Burrower shall oat cause or permit the presence, use, disposal, storage, ar release of any klazarduus Substaltc:es uu or ut the Property. Borrower shall not do, nor allow anyone else to do, auytlting; affecting the Property that is in violation of arty Euvirotttueutal l.aw. The preceding two sentences Shall oat apply to the }tresettce, 'use, or stacage nn the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to norrttai residential uses a[td to utitiuter>rutce of the Property. 13urruwer shall promptly glue Leader written rtntiee of arty investigation, c.taitn, detrtand, lawsuit or other action by any goverurnental ar regulatory agency or private party involving dte Property attd any llazardaus Sl[bstauce at' >~:uviruxnuent;tl law of wlticl[ $cu'rower ltas actual knowledge. 'lf'$orruwer learns, ar is notified by any govcrtutteutal or regulatory authority, that any rettu[va[ ur utlter rett-ediation of any Hazardous Substances affecting the 1'ropetrty is necessary, Aort'ower shall promptly take all necessary remedial actiarts in ac:cordanc;e with Envirotunental l_aw. As used in this paragrtph 16, "Hazardous Suhs4ttrces" are dursi~ substances derned as toxic or haz;trdous ,uhstanrres by $nviruurueutal Law and the following substattties: gasoline, Icero;;ene, other flatttntabie or toxic pctrol~uut products, toxii: pesticides at[d ttexbicides, volatile solvents, materials containing; asbestos or fanualdehyda, and radiuactivv materials. As used in this paragraph 16, "Fnvirotunental law" means federal taws and laws of the jurisdiction where fife Property is located that relate to health, safety or euviruttmental protection. NON~U•NIFORiVI COVENANTS. i3orrower and Lender firrdter covenant and agree as follows: 17. Assignment of Rents. Borrower wrcolttiitiattally assig;tts attd transfers to Lender all the rents and revenues cat Ute Property. Borrower' audturizes :Lender or [.encler's agents t<t collect [he rents artd revenues and hereby directs each tenant of the Property to ,pay the rertts to Lender or Lerder's agents. However, prior to Lender's xtukice to Banower of Burruwur's breach of any wvc:ttaut ar agreentettt iu the Security Insttwnc:nt, Borrower shall collect and receive all reins and revenues of ttte Prcrperry' as trustee for the benefit of Lender and &arrawer. This assignment of ruts uutttititutes uu absolute assibuntetu and nut au assigruuent fur udditior[al security only. [f Lender gives notice of breach to BUrt'CrWer: (a) all rents received by ,Barrarver shall be held by Harrower as trustee for henefzt of Lender Duly, to be applied to We sums secured by the Security lttsttut[rcnt; (b) Lauder shall be entitled to collect and receive all of the rents of the Property; and (c) each tet[aaa.t of the Property shall pay all rents due artd unpaid to L,eudcr or Leader's agent on Lender's written demand to the tenant. Burru~ver has not executed any prior assigtttttettt of dte .rents and has not and will not per.fortn any act That would prevent 1-.~ndar froth ~x~roisirtg; ils rights uudar this paragraph 17. Lender shall not be required to enter upon, take cantrul of or utaiutaitt the Property before or after giving notice of breach to Burrower. However, Lender or a judicially appointed receiver tnay do so at any time there is a breach. Any applit:atian of rents shall rtctt cure or waive arty default nr invalidate any other right or remedy of Lender. This assignn[ettt of rents of the Property shall terutittate when. dte debt secured by the Security Cnstrument is paid in full. ~~AR(NE) (9G011 Paya 8 of 8 Ini~ials:~