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�oiioo3o� 13. Noticcs. Any noticc to Barrqwcr providcd for in this Security Instrument shall be given by delivering iC or by mailing it by first class mail unit;ss applic:able law requires use of another method. The notice shall be directed tc� lhc Properly Address or any other addr�ss 13c�rrc�wer designates by notice to Lender. Any notice to Lender shall be given by firsl class mail to Lender's address stated herein or any address Lender designates by notice to Bc�rrc>wGr. Any notice. pravid�d fpr in this Security Instrumcnt shall bc deemed to have been given to Borrower or Lender whc:n given as pravided in this paragraph. 14. Governing Law; Severability. This Security Instrument shall be governed by �ederal law and the law of the jurisdiction in which the Property is located. In the e;venl lhal any �rovision or clause of this Security Instrurnent or the Note conflicts with applicable law, such conflict shall not affect olher provisions of this Security lnstrument nr the Note which can be given effect witlxout the conflicting pr�vision. "I"o this end the provisions of this SecuriCy Instrument and the Note are declared to be severable. 15. Borrower's Copy. Borrower shall be given one conforrned copy c�f thc Notc and of this Security Instrument. 16. Hazardous Substances. Borrower shall not cause or perrnit the presence, use, disposal, storage, or release of any Hazardous Substances on or in the Property. Borrower yhali nc�t do, nor allow anyone else to do, anything affecting the Property that is in violation of any �nvironmental Law. Th� pr�ccdin� two sentences shall not apply to lhe presence, use, or storage on khe I'roperty of small quantities of IIauardous Substances that are generally rccognized to bc appropria[e tc� normal residential uses and to maintenance af the Prape:rly. T3orrower shall prompkly give I.ender written notice of any investigation, claim, dGmand, lawsuit or other action by any governmental or regulatory agency or private party involving the Pr��periy and any IIazardous Substaiice or �:nvironmental T.aw of which I3orrower has actual knowledge. If Borrower l�arns, ar is ncriificd by any govermnental or regulatory authority, that any removal or other rernediation of any I SubsLances affecting the Property is necessary, Borrower shall promptly take all necessary remedial actians in accordance with Environmental Law. As used in this paragraph 16, "Hazardous Substances" ar�: lhc�se substances defined as toxic or hazardous subslances by I:nvironmental T.aw and the following substances: gasaline, kerosene, other flamniable or toxic pekroleum produc:ts, toxic �esticides and herbicides, volatile solvents, matcrial5 cc>nlaining asbestos or formaldehyde, and radioactive malerials. As used in this paragraph 16, "Environmental I.�tw" mcans federal laws and laws of the jurisdiction whare lhe Pro�arly is located that relate to health, safety or envirc�nmental protection. N(aN-i7NIPORM CnV�:NANTS. Borrower and L.ender further covenanC and a�reG as follows: 17. A,ssignment of Renks. Borrower unconditionally assigr� and transfers to Lender all the rents and revenucs pf the Property. k�orrower authorizes Lender or �,ender's agents ta coll�ct thc renls and revenues and hereby dicects cach tenant of the Properiy to pay the rents to Lender or Lendcr's agents. However, prior to Lender's natice to F3orrower of Borrower's breach of any covenant or agreemenk in [h�: Security Tnstrument, �3orrower shall c;pllcct and reccive all rents and revenues of the Property as trustee for thc bcnefit of T.ender and Borrower. This assignmcnt of rents constitutes an absolute assignment and not an assignment fnr additional security only. If I,ender gives notice of breach to Borrower: (a) all renls received by Borrower shall be held by Bprrc�wcr as trustee for benefit of T..ender only, to be applied to the sums secured by the Security Tnstrument; (b) Lend4r shall be entitled to collect and receive all of the rents of the Property; and (c) each tenant of the Property shall pay all rants due and unpaid to I.ender or Lc:nder's agent on L.ender's writ[en dcmand to the tenant. Borrowcr has nc�t execulcd any prior assigmnent of the rents and has nol and will not perform any act that wauld prevcnt I,cndcr from cxercising ils rights under this paragraph 17. Lendcr shall nal bc rcyuircd to enter upon, take control of or maintain the Property before or after giving nc�ticc of breach to 13orro'wer. Hawever, Lender or a judicially appointed receiv�r may dv �c� af any time there is a breach. Any application of rents shall not cure or waive any default or invalidate any c�ther right or remedy of L.ender. Thiy assignment of rents of the Property shdll icrminate when the debt secured by thG S�curity Instrument is paid in full. ��4R(NEI �sso�� Page 6 of S � _