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<br /> -_���_. , 13.Totices. Any notica to Bonower provided for in this Securlry Insuumcnt shull be given by dellvering it or _
<br /> ---- -: by�iling it by firet class mail unless applicable law requires use of aaother method.The notice shall be dirccted to
<br /> the Property Address or any other address Borrower designa�es by notice to Lend�r.Any aotice to Lender shall be
<br />-=�__ �' ,,;.�,-' given by flr�t class mail to Y.ender's addr�ss stated hcreIn or any address Lcadcr designates by notice to Bonawer.
<br /> - • .,� '� My natice provided for in this Securiry Instniment shall be dcemecl to uave been given to Borrower or Lender when
<br /> - ' given as provided in this paragraph.
<br /> � 14.Govern#ng I,aw; Severability. This Security Instrwnent sh�ll be gover�ed by Federal la�+v and the law of
<br /> ;.:;�'••� � thejurlsdictlon in which the Property is lceated.In the eventthat any proviston or clause of this Security Instrument
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<br />_.�,,,��.�, or the Note conflicu with appl3cable lnw,such wnflict shall aot affect other provisions of this Security Instrumeat or
<br />_-�._;��� tiie Note which can be given effect without tho conflicting provislon.To thls end the p�visions of this Security
<br /> -- Instnunent and the Nose ure declared to be severable.
<br />.._;a:"��� 15. &in+ower's Copy. Borrower ahall be given one conformal copy of the Nc�te and of this Securlty
<br /> "' Iasuument.
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<br />- 16. Hezar�ou9 Substances. Borrower shall not caus�or permit the pre�eence,use.dispos��l,storage,or telease
<br /> �`:,'°"� . of any Hazardota�S�bstanc:es on or ln the Property. Borrower shnll nat do, nor allow anyone elsc to do. anything
<br /> `;'���'U•` � affecting the Properry that is in violation of any Environmeatal Law. 'fUe preceding two sentences shall not apply to
<br />�'� ""=� tlie presence, use, or storaga on the Property of small quautldes of Hazardous Substanctis that are generally
<br />:-=:-�_ ° recogniud to be approprIate to aorn�al resldential uses and to mnintenance of the Praperty.
<br />-:� Borrower ahall promptly give Lender wrlttea notice of smy investig�cion,ctaim,demand,lawsuit or other action
<br /> __� by angr governw�ntal or regulatory agency or priv�te party involving the Pnuperty end aay �iezaz�daus Substancc or
<br /> Envlronmental Law of which Borrower has actual knowledge. If Bonower learns,or is notifial hy any governmental
<br />_ -'�;'"� �r ngulatory authorIty,that any removral or othcr remed�ation of any Hazardous Substances affxting the Property is
<br /> -_-_= aecessary.Borrower shall promptly take ali n�cessary remedial acdons in accordence with Environmentat Law.
<br /> --�� . As used in ttils paragraph 16, 'Hazardous Substances' are thase substances defined as roxic or hazardous
<br /> -==�--���� substances by �Znvironmental Law and tbc following substaaces: gasoline, kerosene� othet flitmmable or to�s,ic
<br /> - _ petroleum pmduc�ts,toxic pestictdes and herbicides,volatile aolvents. materIals containing asbestos or formaldeuyde.
<br /> --- _ arid radioactive watedals. As used ia this paragraph 16, "Bnvironmentel Law" maws federal laws and lAws of the
<br /> :;�� Jurisdiction where the Prop�sty is locatod that relate to healtts,safety or environmeats�protxrion.
<br /> NON-UMFORM COV�NANTS.Bomower aa�l Lender furtber covenant and agree a�follows:
<br /> 17. Assignment ot Rent�.Borrow�r unconditionally as�igns and uansf�rs to Lender all the rents and nveaues
<br /> of the Property. Borrower author3zes L,ender or Lender's ngents to collect the rents aad nvenues�nd hcreby directs
<br /> eacd tenant of Rhc Property to payy the renta to I.onder or Lender's agents. However, prlor to L,ender's nosice to
<br /> Bormwcr of Borrower's bnach of any wvennat or agrcement ia the Seciuriry Insavmcnt,Borrower shall collect aad
<br /> reaive all rents and revenues of the Propecty as uustee for the 6enefit of Lender aud Borrower. This assignment of
<br /> rents constttutes an absolute assignment and not an assignment for additional securlty only.
<br /> If Lender gives notice of breach to Borrower: (a)all nnts rxeived by Bonower shall be held by Borrower as
<br /> trustx for bontfit of Lender only,to be applied to the sums sccurcd by the Secur.�ry Insuument; (b)Lender Rhnil be
<br /> endQed ro collect and receive all of the rents of thc Property;and(c)eac�tenant of the Propeny sha(1 pay all rents
<br /> due and►u►paid to Lender or L,ender's agent oa Lender's wrltten demand to the tenant.
<br /> Bonower has not exxutal any prior assigument of tha nnts and has not and will aot perform any act thut would
<br /> pnvent Lender feom eaercising ite r�ghts under this paragrapb 17.
<br /> , L.ender shall not be requiral to enter ugon,take conaol of or maintaiu the Property before or after giving notice
<br /> of breach to Borrower. However. Lender or a Judicially appolnYed receiver may do so at any time there is a breach.
<br /> Any application of rents shall not crue or waivc any default or invalldate any othor dght or nmedy of Leader. This
<br /> assignment of rents of the Property shall terminate when tfie debt secured by the Secudty Instrument is patd in full.
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