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2oioos9o; 13. Notices. Any notice to Borrawer pz'avided f�r in this Security Instrument shall be given by delivering it or by mailing it by first class mail unless applicable law r�quir�s u� af another mcthod. The notice shall be directed to the Property Address or any other addrsss Borrower designates by notice to T.ender. Any notice to T.ender 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 far in this Secu;rity Instrument shall be deemed to have been given to Borrower or Lender when given as provided in this paragraph. 14. Goverrring Law; Severability. This Security Tnstrument shall be governed by Federal law and the law pf the jurisdiction in which the �'roperty is loca[ed. In thc evr:nt thaf any provision or clause of this Security Instrument ar the Note canf]icts with applicable law, such conflict shall not affect ath�r pravision� af this Sccurity Instrument or Gh� Note which can be given effect without the conflicting provision, Ta this c:nd th� pravisians of this Security Instrument and the Nate are declared to be severabl�. 15. Borrower's Copy, Borrower shali be given one conformed copy ot the Note and of this Security Tnstrument. 16, Hazardous Substances. Borz°aw�r shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances an ar in the Praperty. Borrower shall not do, nor allow anyane els� to do, anything affecting the Property that is in vialatiqn pf any Environmental Law. The preceding twa sentenc�s shall not apply to the presence, use, or storage on the Prpperty of small quantities of Hazardous Substanc�s that are generally recognized to be appropriate to normal residential us�s and to maintenance of the Property. Borrower shall promptly give Lender written notic� of any investigation, claim, demand, lawsuit pr Uther action by any govcrnmental or regulatory agency or private party involving the Property and any Hazardous Substancc or Environmcntal Law of which Borrower has actual knowledg�. If Bpanrc�wer learns, or is notified by any governm�ntal or regulatory authority, that any removal or other remediati�n of any I3azardous Substances affecting the Property is necessary, Borrower shall promptly take all necessary remedial ac;tions in accordance with �nvironmental Law. As used in this paragraph 16, "Hazardous Substanc;�s" are those substances defined as toxic ar ha�ardous substances by Environmental Law and the following substances: gasoline, kerosene, other flammabl� c�r toxic p�fraleum products, toxic pesticides and herbicides, volatilc salvents, materials containing asbestos or formald�hyde, and radioactive materials. As used in this paragraph 16, "�nvironmental Law" means federal laws and laws af thc jurisdictipn where the Property is located that relate to health, safety or cnvironmcntal protection. NUN-UNIFQRM COV�NANTS. Barrawer and Lender further covenant and a�res as follows: 17. Assignment of Rents. Ba�rrawer unconditionally assigns and transf�.rs ta I.�.nder all the rents and revenu�s of the Property. Borrawer autharizes I.ender or Lender's agents to callect the rents and revenues and hereby directs each tenant of the Prop�rty ta pay lhe rents to T.ender or Lender's agents. However, prior to L.ender's nptice to Barrawer of Borrower's brcach of any covenant or agreemcnt in the Security Tnstrument, Borrower shall collect and receive all rents anci revenu�s of the Properiy as trustee for th� bcncfit of T.ender and Borrower. This assignment of rents cc�ns[itut�s an absolute assignment and not an assignment for additional security only. If Lender gives natice af br�ach to Borrower: (a) all rents rec�ived by Borrower shall be held by Barrower as trustee for benefit of I,enc��r Unly, t� be applied to the sums s�cur�d by the Security Instrument; (b) I.endcr shall be entitled to collect and receive all af th� r�nts of the Property; and (c) each te:nant of the Property shall pay all r�nts due and unpaid to Lender or Lender's agent on Lender's written demand to th� tcnant. Borrower has not executed any priar assignment of the rents and has npt and will not perform any act that wauld pr�vcnt Lender from exercising its rights und�r Chis paragraph 17. Lender shall not be required to enter upon, take control of or maintain the Property before or after giving nc�tice of breach ta Borrower. However, Lender or a judicially appointed receiver may do sa at any time there is a breach. Any applicatian of rents shall not cure or waive any dc;fault or invalidate any other tight c�r remedy of Lender. ThiS assignment of rents oF thc Property shall terminate when the dr:bt se�ured by the Security Instrument is paid in full. ��4R(NE) �sso�i Pape 6 nf 8 // . � �