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201002123 13. Notices. Any notice to Borrower provided fox in this Security Instrument`shall be given by delivering it or by mailing it by first class mail unless applicablelaw requiresuse of anotherrnethod. The notice shall be directedto the PropertyAddressor any otheraddxessBorrowerdesignatesby notice to Lender.Any notice to Lendershallbe given by first class mail to Lender's address stated herein or any address Lender designates by notice to Borrower. Any notice provided for in this Security Instrument shall be deemed to have been given to Borrower or Lender when given as provided in this paragraph. 14. Governing Law; Severability. This Security Instrumentshall be governed by Federallaw and the law of the jurisdictionin which the Propertyis located. In the event that any provision or clause of this Security Instrumentor the Nate conflicts with applicablelaw, such conflict shall not affect other provisions of this Security Instrumentor the Note which can be given effect without the conflicting provision. To this end the provisions of this Security Instrumentand the Note are declared to be severable. 1S. Borrower's Copy. Borrowershall be given one conformedcopy of the Note and of this Security Instrument. 16. Hazardous Substances. Borrower shall not cause or permitthe presence,use, disposal, storage, or releaseof any HazardousSubstanceson or in the Property.Borrowershall not do, nor allow anyone else to do, anything affecting the Propertythat is in violation of any Environmentalt,aw. The precedingtwo sentencesshall not apply to the presence, use, or storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of the Property. Borrowershall promptlygive Lenderwrittennotice of any investigation, claim, demand,lawsuit or otheractionby any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or EnvironmentaILaw of which Borrowerhas actualknowledge. If Borrowerlearns, or is notifiedby any governmentalor regulatory authority, that any removal ox other remediation of any Hazardous Substances affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. As used in this paragraph 16, "Hazardous Substances" are those substances defined as toxic or hazardous substancesby EnvironmentalLaw and the following substances:gasoline, kerosene,otherflammableoxtoxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. As used in this paragraph 16, "Environmental Law" means federal laws and laws of the jurisdiction where the Propertyis located Chat relate to health, safety or environmental protection. NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 17. Assignment of Rents. Borrower unconditionally assigns and transfersto Lender all the rents and revenues of the Property. Borrower authorizesLendex or Lender's agents to collect the rents and revenues and hereby directs each tenantof the Propertyto pay the rents to Lender or Lender's agents. However, prior to Lender's notice to Borrower of Borrower's breach of any covenant or agreemendn the Security Instrument,Borrowersball collect and receive all rents and revenues of the Propertyas trusteefor the benefit of Lender and Borrower. This assignment of rents constitutesan absolute assignment and not an assignment for additional security only. If Lender gives notice of breach to Borrower: (a) all rents received by Borrower shall be held by Borrower as trustee for benefit of Lender only, to be applied to the sums secured by the Security Instrument; (b) Lender shall be entitledto collect and receive all of the rents of the Property; and (c) each tenantof the Propertyshall pay all rents due and unpaid to Lender or Lender's agent on Lender's written demand to the tenant. Borrowerhas not executed any prior assignmentof the rents and has not and will not performany act that would prevent Lender from exercising its rights under this paragraph 17. Lendershall not be requiredto enterupon, take control of or maintainthe Propertybefore or after giving notice of breach to Borrower. However, Lender or a judicially appointedreceiverrnay do so at any tune there is a breach. Any application of rents shall not cure or waive any default or invalidate any other right or remedy of Lender. This assignment of rents of the Property shall terminate when the debt secured by the Security Instrument is paid in full.. -4N(NE) (oao~ Page 8 of 8