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201143539 13. Notices. Any norice to Borrower provided for in this Security Instrument shall be given by delivering it or by mailing it by first class mail unless applicable law requires use of another method. The notice shall be directed to the Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shall be given by first class mail to Lender's address stated herein or any address Lender designates bg notice to Borrower. Any norice provided for in this Security Instrument sha11 be deemed to have been given to Borrower or Lender when given as provided in this paragraph. 14. Gaverning Law; Severability. This Security Instrument sha11 be govemed by Federal law and the law of the jurisdiction in which the Property is located. In the event that any provision or clause of this Security Instnunent or the Note conflicts with applicable law, such conflict sha11 not affect other provisions of this Se,curity Instrument or the Note which can be given effect without the conflicting provision. To this end the provisions of this Security Instrument and ttte Note are declazed to be severable. 15. Borrower's Copy. Borrower shall be given one conformed cogy of the Note and of this Security Instrument. I6. HazarcTous Substances. Bonower shall not cause or permit the presence, use, disposal, stora.ge, or release of any Hazardous Substances on or in the Property. Borrower shall not do, nor allow angone else to do, anything afffecting the Property that is in violation of any Environmental La�+. 'Fhe grecxding two �ntence� shall not apply to tt�e gresence, use, or starage on the Properiy of small quantities of �arc�ou� Substances t�iat are generally r�ognized. to be appmgriate to normal residenriai uses and to mainten�nce af the Propertla. Bortower si�a1S promptly give Lender written notice of any investig�ti�ra, ctair�, demand, Iawsu'rt or other action by any govPrnrnen� or regulatory agency or private party involving the Froperiy axcd any Hazardous Substance or Environmenta� L,aw of which Boarower has actual Imowledge. If Borrawer Iear�s, or is notified by any governmental or regulatory autharity, tha� any removal or other remediation of any Flaz�rdous Substances affecting the Property is �sary, Borro�rer shalt promptty take alI �sary remedial actions isc accurdance �ith Environmental Law. As used iu this p�gh 16, "Hazardous Substances" are tha� substances definec� as to�c or haaardous substances by Envirorunental Law and the fallowing substances: gasoline, kerosege, other ffammahte or toxic getrolewn products, toxic pesricides and herbicides, voIatile solvents, materiats containi�g asbestos or fornialdehyde, and radioactive materials. As used in this paragra.ph 16, "Environmentat I.�w" means federa�. laws and laws of the jurisdicrion vvhere the Progerty is located that relate to health, safety os environmental prote,ction. 1�ON-iJNIFOR1Vi CQVENANTS. Borrower and Lender further covenant and agree as follows: 17. Assignm�t af Reasts. Borrower unconditionally assigns ancY tra�sfers to Lender all the rents and revenues of the Property. �rrower authorizes Lender or Lender's agents to collect the rents and revenues and hereby directs each tenant of the Ptoperty to pay the rents to Lender or Lender's agents. However, grior to Lender's norice to Borrower of Barrower's breach of any covenant or agreement in the S�urity Instru.ment, Bonower shall collect and receive all rents and revenues of the Property as trustee for the benefit of Lender and Bonower. This assignment of rents constitutes an absolute assignment and not an assignment for additionat security only. If Lender gives norice of breach to Borrower: (a) a11 rents received by &»rrower shall be held by Bonower as tr�tstee for benefit of Lender only, to be applied to the sums secured by the Sec�rity Instrument; (b} Lender sha11 be entitled to collect and receive all of the rents of the Property; and (c) each tenant of the Property shall pay a11 rents due and unpaid to Lender or Lender's agent on Lender's written demand to the tenant. Borrower has not executed any prior assignment of the rents and has not and will not perform any act that would prevent Lender from exercising its rights under this pazagraph 17. Lender shall not be required to enter upon, take control of or maiintain the Property before 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 sha11 not cure or waive any default or invalidate any other right or remedy of Lender. This assignment of rents of the Property shall temunate when the debt secured by the Security Instrument is paid in full. FHA Deed of Trust-NE 4/98 VMP � � �( VMP4RWE) (0809) Wolters Kluwer Flnancial Services �� Page 6 of 9 � ' ' � n: b �' � t� � . 4 ° . r . � a p.