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'241104000 13. Notices. Any aotioe to Boaower provided for in this Secuzity Instrument shalt be giv�n by del�ivexing it or by mailing it by first class mail unless applicable la.w re,quires us� of another m�ethod. 1Zte notice shall be dire,cted to the Pragerty Addrass oz any otl�er addre� Borrower desigaates by notice to Leuder. Any aatice to Lender shall be given by first class mait to Lender's address stated herein ar any address Le�der designates by notice to Bozrower. Any notice providcd for in this Security Instrumeat shall be deemed to have been given to Bormwer oz Len.der when givem as pzovided in this Pazagraph- 14. Gonerning Law; SePeraba7iiy. Tl�uis Security In,sb�vm.ettt s3�a11 be governed by Fed�ra,l law and the la.w of the juxisdaction in wluch the Pxoperty zs located. Ia the eve�t that any pzovision or olause af this Security Instcum:ent or the Note conflicts with applicable law, �uch conflict shall not affect other provisions of ti�is Security Instrumeut or the Note which caa be given effect without the conflicting praviszon�. To th9s aad the provisions of tbuie Security Ins6r�mneat aud the Note are declar�d to be severabla. 15. Eorrower's Copy. Borrower shall be given one conformed copy of the Nofe and of this Security InsFnunent. 16. Hazardous Subataner,e. $orrower shall not cause or petmit the presence, nse, disposal, stora.ge, az release of any Hazatdous Substances on or izi the Properiy. Bonrowez sT�all uot do, nor allow anyone else to do, any�thing affecting tlze Property that is iun violation of any Enviroazaental Law. The preceding two sente.aces shall not apply to the pzesence, use, or storage on #he Propexky o� small quautities of Fiazardous Substaaaces that are. geaeraJly re,cognz�ed to be appropriate to aorm.al zeside�tial uses aad to- maintenance of the Properiy. Borrowez ehall promptly give Lender w.titten, notice of any iavesEigatioa, claim, demaad, lawauit or other aation by any governmental or regviatory agency oz private party involviag the Praperty and any Ha�ardous Sitbstance or EnvirowtnentaJ. Zaw of vvhich Bosrower bas actual kaowledge. If Borrower Iearns, ar is aotified by aay govemmental. or zegulatoxy suthority, that aay removal oz other zemediation of an.y �Tazardous Substances aff'ecting the Properly is necessary, Bortawer shaalll prompfly take all aeceessaxy zemedial actions in accorda.uce with Environm.entrl La.w. A.s used in tkis paragcaph 16, "Hazasdous Substance�s" aze tlwse suhsYa.uces daSned as toxic or hazardous substances by Environm.ental Law a,nd the followmg substances: gasolane, kerosene, othet flaaumable or toxic petroleum prodncts, toa�ic pesticides and herbicides, volatile solveuts, naateniala contawwing asbestoe or fornaaldehyde, aud radioactiva materia,ls. As used in thie paragraph 16, "�nvixoxmaental Law° means fedezat laws and la.ws of the jurisdicfion where the Pmperiy is locaxed that zelate to heait�, safety or environmental pmtection. NON UNIFORM COVENANTS. Boaower and I,ender further covenant and agree as follows: 17. Assignment of Rent�. Horrower unconditionally assig�ns and tra.nsfezs to Lendex all tb.e �reents and sevenues of the Froperty. Boaower authorizes Leader or Lender's agents to collect tlae zents and revenues and hereby directs each tenant of 'Eite Properiy to pay khe rents to Lender or Leuder's agents. However, prior to Lender's notice to Bosmwer of Boaowez's breach of aay covenaat or agreemeat in tlxe Security Instzument, Bosrower shall. collect and receive all rents and reveniues of the Property as ttvstee for the benefit of Lender and Bosrower. This assignment of zeuts constituuttes an absolute assigam,ent and not an assignnnent far additiona.� seaurity only- If Lender gives aotice of breach to Bortowex: (a} aU x�ents z�eived by Borrawer shall be held by Boaower as trustez for iienefit of Leadar oaly, to be applied to the smns secured by the S�uiity Inshvmeat; (b) Lender ahall be emtitled to oolle,ct and zeceive all of the rents of the Fraperty; aud (c) each tenant of the Proper[y shall pay all rants due and uapaid to Lender oz� Lander's agent on Leader's written demand to the teaant. Barrower 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 umder tlus pazagza.ph 17. Zender shall not be reqstired to enter upon, take control of or maintain. the Property before or aftex giving nolace of breach to Bortower. However, Leader or a judicia,lly appointed xeceiver ma.y do so at any time there is a b�ceach. Any spglication of rettts sl�all not cnre or waive an.y defauJ.# ox invalidate an.y other right or remedy of Lendes. This assig�rment of rents d£ the Pro�erty sball terminate whea the @ebt secused by the Security Inshnument is paid in full. �-4R(lVE7 (880�j Page 8 of8 IMNeis:�