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20091023 13. Notices. Any notice. to Borrower provided far in this SECUrity Instrument shall be give:n by delivering it or by mailing it l7y first class ]nail ]]Mess applicable law requires use of anotl.ter method. The notice shall lie directed to [hE Property Adch~ess or nny other address 13orro~x~er designates 6_v notice to I..etuler. Any notice to Lender shall he givEn by first class mail to Lender's address stand Herein or any address Lender clesi.gn.ates by nc~tiCe to Borrower, Any notice provided for in this Security Instn.[niEnt shall be deemed to have been given tv Borrn~ver ax I.,ender' when given as provided in this paragraph. 1.~t. Goverr~ir~g Law; SeF~er•ablllt.". This Security Instrument shall. he goverz~.ed by redea•al lace grad the law of the jurisd.ictivn izi wl.licla the Prope]•ty is located. In the event that any pt•ovision or clause of this Security Instxumerlt. or the NotE conflicts with applicable law, such conflict shall not affect other prvvisi.ons of kris Security ItlStil.nllEnt ot• the Note which can Be giver] Effect without the conflic.ti.ng provision. "I'o this end the provisions of this Security Instt'trilzen[ atlcl the Note are declared to be severable. 15. Borrower's Copy. Borrower shall bE given one cotlforn3ed copy of the Note and of this Security Instrun~e.nt. lG. Ha7at•dous Sltl)stances. Borrower shall net cause or pern7it kh.e presence, l1sE, disposal, storage, or release of arty Hazar`drn[s Subsranccs on or i.n the Property. B~]-rv~ver shall teat do, nor allow anyone else to d.o, anything affecting d1E Property Cllat 1S to 1'1.O1atiOtl Of any Entil]'Ollnlental Law. The I7t'ecEding tW0 Sei1tE11C.eS Sllall n0[ apply to the l)reSErlce, ttSe, QP SCp]'age Ot] khe Property' of small quantities of Hazardous Subst2nces [hat arE gerteraliyr recogntzEd to be al?propri:~ztE to non~lial residenti.a.l uses and to maintenan~c of the Property. Rvrro~ver shall prntnl)tly give Lender written notice: of airy izivestigatian, claim, den~an.d, lawsui[ or ether action by any gvv-erzaralental or regula.tozy agency or• private party involving the .Property and any Hazardous SubstartEe or Fnvirvrtmental i.,ativ of which Borrower has act[zal knowledge. If Borrrnver learns, or is notified by any gnvernnlenta.l or regulatory authority, that any rezt'zoval or other renaediation of any Hazardous Sul)stattocs affecting doe Property is necessary, Borrower shall pronsptiy take all necessary remedial actions in accord:•tnce with Environmental I.KIw. As used in this paragraph lfi, ":Harardot.ls Substartce.s" are those substances defined as toxic or hazardous substances by Fnvirvzlmental Iraw atrcl the following substan.cES: gasoline, .kerosene, other fl,anazz-aalile or toxic petrolEUm products, taxis pesticides and herbicides, volatile solvents, materials containing asbestos or forrrralclehyde, and radioactive materials. As used ui this paragraph 16, "Envirozunenta.l L,aw" means federal laves atrcl laws of the jurisdiction where the Property is located that relate to health, safety or envirorux~ental protection. NON-I7NI]?(]RNl COVENANTS.. Borrower aald fender filrther covenant and agreE as follows: I7. Assignrneut of Rerrts. Harrower tlncotlditionally assigns anal txansfers to LEnder a.ll. the rents and revenues ofi the Froperty. BorrowEr alzthorizes l..ender or fender's agents to collect the rents and revenues and hexe.by tli.rects ease] tenant of the Property to pay the rents to bender or Lend.er's agents. Flowever, prior to Lender's notice tc,~ Borrower of Borrower's breach of nary covenant ar agreement in the Security Instlutnent, Borrv~w'er shall collect and recei~~•e all rents and revenues of die Property as trustee for the benefit of Lender and Borrower, This assigrutte[it. of rents constipates an absolute assigzua-lent and not an assifn~tllent far additional security- only. If Lender gives notice of breach to $orrowEr: (a) al.l rents received. by $orrower shall be held by Borrower as trustEE for Benefit of Lender only, to Be applied to the st.snls secured by the Security Iz~str[tment; (b) Lender shall bE Entitled Cv collect and, receive all of the rents of the Property; and (c.) each tenatat of the Property snail pay till rents clue and unpaid to f.endet' or fender's agent orz :i_encler's written cil:mand to the tenant. $orrower has not executed any prior assigzm~etlt. of• die rents and .has net and will not perform any act dt.at would prevent Lender. front Exercising its rights uaicler this paragraph 1'1. Lender slxail not be rerluirecl to enter upon, take control of or iuai.ntain the k'1°operiy before or after giving notice of brEach tv Borrower. However. I..ender or a judicially appointed rECEiver may do so at aziy time there is a breach: Azry application of rents shall not cure or waive any default or invalidate any other right or rettledy of Lendet'. This a.ssigilment of rents of the PropErty shall terminate when the debt secured by the SeCln'ity Instrument is paid in fizil, ois~i~fs~Q~ -4N(NE) (0.07) wage ti ~~ s e~