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2oioo9lo� 13. Notices. Any natice to Borrower provided for in this Security Instrumsnt shall be given by delivering it or by mailing it by first class mail unless applicable law requires use of anothcr methad. The notice shall be directed to the T'roperty Address or any other address Borrower designates by notice to T.end�r. Any notice to Lender shall be given by first class mail [a Lender's address stated herein or any address Lender d�signat�s by notice t� Barrawer. Any natice prpvided f�r in this Security Instrument shall be deemed to have been giv�n to Bnrrower ar Lend�r when given as provid�d in this paragraph. 14. Governing Law; Severability. This Security Instrument shall b� gaverned by Federal law and the law of the jurisdiction in which the I'roperty is located. In thc event t1�at any provisi�n or clause of this Security Instrument or the Note conf]icts with appliGabl� law, such cont]ict shall not affect other pr.ovisions of this Security Instrument or the Note which can be givcn �ffect without the conflicting provision. To this end the provisions of this Security Instrument and th� Note are declared to be severable. 15. Barrawer's Copy, Borrower shall be given one conformed copy c�f th� Note and af this S�curity Instrument. lb. Hazardous Substances. Borrower shall nnt cause or p�rmit the prssence, use, disposal, storage, or release of any Fiazardaus Substances on or in the Property. Borrower shall not do, nor allaw anyone else ta da, anything affecting the Property that is in violation of any �nvironmental Law. The pr�ceding twa aentences shall not apply to th� presence, use, or storage on the 1'roperty of small quantities of Haaardc�us Substana�s that ar� g�n�rally recagnized to be appropriate to normal residential uses and to maintcnancc of the Praperty. Borrower shall promptly give T.ender written noticc of any investigati�n, claim, d�znand, lawsuit Ur uth�r acliUn by any governmental or regulatory agency or private party involving [he Prc�pGrty and any Hazardaus Substanc:s ar Environmental Law of which Borrower has aclual kr�owlcd��. If Borrawer learns, or is notified by any governrnental or regulatory authority, that any removal or oiher reme:diafic�n of any Haxardaus Substances affecting the Property is necessary, Borrower shall promptly take all n�c�ssary remedial ac:tians in accardance with Environmental Law. As used in this paragraph 16, "Hazardous Subs[ances" ar� thas� subatanaes defined as toxic or hazardous substances by Environmental Law and lhc follawing substanc:es: gasalin�, kerosene, other flammable ar taxic petroleum products, toxic pesticides and h�rbicid�s, valatil�; sc�lv�nCs, znat�rials containing asbestas or fatmaldehyd�, and radioactive materials. As used in this paragraph 16, "Envirozunental I,aw" means f�d�ral laws and laws c�f the jurisdiction where the Proper[y is lUCated that r�late ta health, saf�:ty ar �nvirUZ�mental protection. NON-UrTIFORM COVI:NANTS. Borrower and Lender further covenant and agree as follows: 17. Assi�;nment of Rents. Borrower unconditionally assigns and transfers to Lender all the rents and revenues of lhe Property. Bc�rrnw�r authorizes L.ender or Lender's agents to collect the rents and revenues and hereby directs cach tenant af the. Prc�p�rty to pay the rents to L.ender or Lender's agents. However, prior to Lender's notice to Barraw�r uf Borrow�r's breach of any covenant or agreement in the Security Tnstrument, Borrower shall collect and ree�ive all rents and revenues of the Property as trustee for the benefit of Lender and Borrower. This assignment of r�nCs canstitutes an absolute assignment and not an assignment for additional security only. If I,ender gives notice of breach to Borrower: (a) all rents received by Borrower shall be held by Bonower as trustee for benefit of L.ender only, to be applied to the sums secured by the Security Instrument; (b) T,ender shall be entitled to collect and receive all of the rents of the Property; and (c) each tenant of the Property shall pay all rents due and unpaid to Lender or L.ender's agent on L,ender's written demand to the tenant. Borrpwer has nat �xecuted any prior assignment of the rents and has nat and will not perform any act thal wc�uld prevent I,snder frorn exercising its rights under this paragraph 17. L.ender shall not be required to enter upon, take control of or maintain the Property before or after giving notic:G 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 nat cure or waive any default or invalidate any other right or remedy of Lender. '17iis assignment of rents of the Prap�rty shall t�rminate when the debt secured by the Security Instrument is paid in full. � 4R�NE) 18601) Pzqe 8 ot 8 Initials� 1.i'��