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201103645 13. Nol3ces. Any notice to Bonower provided for in this Security Instrument shall be given by deliveaing it or by mailing it by first class mail unless applicable law requires use of another method. Tha notice shall be dire�ted to the Property Ad�ess or any other address Borrower d�ignates by notice to Lender. Any notice to Lende� shall be given by first class mail to Lender's address stated herein or any address Lendar designates by notice to Bosower. Any notice provided for in this Security Inshimnent shall be deemed to have been gi�en to Bo�ower or Lender wh� givm as provided in this Parag�'aPh 14. Governing Law; Severability. This Se�urity Instrument shall be governed by Federal law and the law of the jurisdiction in which the Properiy is located. In the event that any provisian or clausa of this Sec�mty Instmm��t or the Nota conflicts with applic�ble law, such conflict shall not affe�t other provisions of this Security Instrument or the Note wluch c�n be given effect without the conflicting provision. To this end the provisions of this Seaurity Instr�ument and the Note are declared to be severable. 15. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instnument. 16. Hazardons 5nbstanc�. Bonower sha11 not cause or germit the presence, use, disposal, storage, or release of any Hazardous Substanc� on or in the Pruperiy. Bortower shall not do, nor allow aayone eLsa to do, ainything affecting the Property that is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence, usa, ar storage on the Property of small quantities of Hazardous Substanc� that are ge�erallY recognized to be appropriate to normal residential uses and to maintenance of the Properiy. Bonower shall PromPt1Y give Lender written notice of any investigation, olau4 demand, lawsuit or other action by any govemmentsl ar regulatarY ��CY �' Fn� P�Y involving the Property and any Ha�rdous Substance or Environmmtal Law of which Borrower has actual knowledge. If Borrower learns, or is notifierl by any govemmental or reg�ilatory authority, that any removal ar other remadiation of any Hazardous Substanc� affe�ting tha Property is necessary, Boirower shall promPtlY take all necessaiy rem,edial actions in acxordance with Environmental Law. As used in this paragraph 16, ��Ha�ardous Substances" are those substances defined as toxic ar hazardous substances by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. As usefl in this paragra.ph 16, "Environmental La.w" means federal laws and laws of the jurisdiction where the Property is locaxed that relate to health, safety or en�ironmental protection. NON-UN�ORM COVENANTS. Bonowe� mid Lender further covenant and agree as follows: 17. Assignment of Rents. Bonower unconditianally assigns and h�ers to Lende� all the rents and revenues of the Property. Borrower authorizes Lender ar Lender's agents to colle�t the rents and revenues and hereby dire�ts each tenant of the Properiy to pay the rents to Lender or Lender's agents. However, prior to Lender's notice to Borrower of Borrower' s breach of azry covenant or agreement in the Security Insbrument, Boirower shall colled and receive all rents and revenues of the Properiy as tivstee for the benefit of Lender and Bonower. This assignment of rents constitutes an absolute assignment and not an assignment for additional security only. If Lender gives notice of bre,ach to Boaower: (a) all rents r�eivefl by Bonower shall be held by Borrower as trustee for benefit of Lender only, to be applied to the s�uns se�ure� by the Security Instrument; (b) Lender shall be entitled to collect and receive all of the rents of the Properiy; and (c) each tenant of the Property shall pay all reats due and unpaid to Lender or Lender' s agent on Lender' s written demand to tha tenan� Borrower has not executed any prior assignment of the rents and has not and will not perform any act thst would prevent Lender from exercising its rights under this paragraph 17. Lender shall not be required to enter upon, take c�rtrol of or maintain the Properiy before or after giving notice of breach to Borrower. However, Lender or a judicially appoinYed re�eiver may do so at any time the�e is a br�ch Any applic;ation of rents shall not cure or waive any default ar invalidate any othar right or rem,edy of Lender. This assignment of rents of the Property ahall terminate when the debt secured by the Security Instrument is paid in fu11. 2200131403 D V4NNE �� — VMP�-4N(NE� roao�J.ot Paoe s o� s ��