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2oioosi4� 13. Natices. Any notice to Borrower provided for in this Security Tnstrument shall be given by delivering it or by mailing it by first class tnail unless applicable law requires use of another method. The notice shall be directed to the Property Address or any other address Borrower designates by nakice to Lender. Any notice to Lender shall be given by first class rnail to Lender's address stated herein or any address Lender designates by notice to $orrower. 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 Instrument shall be governed by Federal law and the law oF the jurisdictian in which the Property is located. In the event that any provision or clause of this Security Instrument nr the Note conflicts with applicable law, such conflict shall not affect other provisions of this Security Instniment or the Note which can be given effect without the conflicting provlslon. To this end the provisians of this Security Tnstrument and the Note are declared to be severable. 1S. Borrowor's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument. 16. Hazardous Sabstances. Borrower shall not cause or permit the presence, use, disposal, starage, or release of any Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the Properky that is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence, use, ar storage on the Froperty of small quantities of Hazardous Substances that arc generally recognized to be appropriate to normal residential uses and to maintenance of the Property. Borrower shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other action by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Enviranmental Law of which Borrower has actual knowledge. If Borrower learns, or is notified by any governmental ar regulatory authority, that any removal or other remediation of any Hazardous Substances affecting the Property is necessary, Barrower shall prompdy 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 substances by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicldes, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. As used in thls 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 COV�NANTS. Borrower and I,ender further covenant and agree as follows: 17. Assigx►ment of Rents. Borrower unconditinnally assigns and transfers to L,ender all the rcnts and revenues of the Property. Borrower authorizes I,ender or Lender's agents to collect the rents and revenues and hereby directs each tenant of the Property ta pay the rents ro Lender or Lender's agents. However, prior to Lender's notice tn Borrower of Borrowec's breach of any covenant or agreement in the 5ecurity Instrument, Borrower shall collect and receive all rents and revenues of the Property as trustee far the bene�t of Lender and Barrawer. This assignment af rents constitutes an absalute assignment and not an assignment for additional security only. IF Lender gives natice of breach to Borrower: (a) all rents received by Borrower shall be held by Borrower as trustee for benefit of Lender only, ta be applied to the sums secured by the 5ecurity Instrument; (b) L,ender shall be entitled to callect and receive all of the rents of the Property; and (c) each tenant of the Property shall pay all rents due and unpaid to I,ender or Lender's agent on I.ender's written demand to the tenant. Borrower has not executed any priar assignment of the rents and has not and will not perforrn any act that would prevent Lender frorn exercising its rights under this paragraph 17. Lender shall not be required ta enter upon, take control of or maintain the Property bcfore or after giving notice of breach to Borrower. However, Lender or a judicially appointed receiver may do so at any time there is a breach. Any application of rents shall not cure or waive any default or invalidate any other righk or remedy of I,ender. This assignment of rcnts of the Property shaA terminate when the debt secured by the Security Instrument is paid in fqll. V�N(Nq 1oao��.ni Page 6 of 8 5��