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20�10715� 16 of that �rdous Substances. Bonower shall not cause or permit the presence, use, disposal, storage, or release ry Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, ung affecting the Properly that is in violation of any Environmental Law. The preceding two sentences not apply to the presence, use, or storage on the Property of small quantities of Hazardous Substancss are generally recognized to be appropriate to normal residential uses and to maintenance of the Progerty. Bo ower shall promptly give Lender written norice of any investigation, claim, demand, lawsuit or other acti n by any governmental or regulatory agency or private party involving the Property and any Hazardous Sub tance or Environmental Law of which Borrower has actual l�owledge. If Bonower learns, or is notified by y governmental or regulatory authority, that any removal or other reme�iation of any Hazardous Sub tances affecting the Properiy is necessary, Bonower shall promptly take all necessary remedial actions in rdance with Environmental Law. As ed in this paragraph 16, "Hazardous Substances" are those substances defined as toxic or hazardous subs ances by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxi petroleum products, toxic pesricides and herbicides, volatile solvents, materials containing asbestos or fo dehyde, and radioactive materials. As used in this paragraph 16, "Environmental Law" means federal law and laws of the jurisdicrion where the Property is located that relate to 3�ealth, safety or environmantal Coven�nts. Borrower and Lender further covenant and agree as follows: 17. Ass gnment of Rents. Borrower unconditionally assigns and transfers to Lender all the rents and revenues of e Property. Bonower authorizes Lender or Lender's agents to coll�t the rents and revenues and hereby dir ts each tenant of the Property to pay the rents to Lender or Lender's agents. However, prior to Lender's noti to Bonower of Bonower's breach of any covenant or agreement in the Security Instrument, Bonower shal coll�t and receive all rents and revenues of the Property as trustee for the benefit of Lender and Bo ower. This assignment of rents constitutes an absolute assignment and not an assignment for additional sec 'ty only. If nder gives norice of breach to Borrower: (a) all rents received by Borrower shall be held by Borrower as tee for benefit of Lender only, to be applied to the sums secured by the Se�urity Instrument; (b) nder shall be enritlefl to collect and receive all of the rents of the Property; and (c) each tenant of the Pro erty shall pay all rents due and unpaid to Lender or Lender's agent on Lender's written demand to the �wer has not executed any prior assignment of the rents and has not and will not perform any act that d prevent I�nder from exercising its rights under this paragraph 17. er shall not be requirefl to enter u}�on, take control of or maintain t�e Paoo�erly before or after giving e o� �re�ch to Borro�ver. However, L,ender or a judiciallY appoi�ed s�eiver may do so at any time is a t�reach. Any applicaiion of re�mts s�all not cure or waive any ��t or invalidate any ot�aer right or dy of Lender. This assignment of �ents of the Property shall termina�e when the debt s�ure� by the rity Instnament is paid in full. 1�. For a�are Pracedure. If Lender requires immediate payment in full �mder paragraph 9, Lender ma invoke the power of sale and aay ather remedies permitted by applicable law. I.endea� shall be enti 1� to collect all expenses incurred in pursuing the remedies under this paragraph 18, including, but ot limited to, reasonable attorneys' fces and costs of title evidence. FHA Deed of trust-fVE 4 VMP � VMP4RINE) (1105) Wolters Kluw�r Financial Services Page 7 of 10