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�0110�400 13. Notice.s. Any notice to Borrower provide� for in this Security Inst�iiment sha11 be given by delivering it or by mailing it by first class mail unless applicable law requires use of another method. The notice ahall be directed to the Properiy Address or any other address Borrower designates by notica to Lender. Any notice to Lendar shall be given by first class mail to Lender' s address stated herein or any address Lender degignates by notice to Borrower. Any notice provided for in this Sc�mty InstNment shall be deemed to have been given to Borrower or Lender when given as provided in this P�P� 14. Governing Law; Severability. This Security Inslrument shall be governefl by Federal law and the law of the jurisdiction in which the Property is loc�ated In the event that any provision or clause of this Secwrity Instrume�t ar the Nota conflicts with applicable law, such conflict sball not affe,ct other provisions of this Sec�mty Insbrument or the Note which c�n be given effect without the conflicting provision. To tUis end the provisions of this Security instrmnent and the Note are declazed to be severable. 15. Borrower's Copy. Borrower sball be given one confarmed copy of the Note and of this Se,curity Instrument. 16. Hazardona Snbstanca. Borrower shall not cause or permit the pres�ce, use, disposal, stora$e, or release of any Ha�dous Substances on or in the Properiy. Borrower shall not do, nor allow anyone else to do, anything affecting the Properiy that is in violation of any Environmental Law. The pre�e�ing two sentences shall not apply to the presence, use, or storage on the Propexty of small quantities of Hazardous Subst�ces that are generallY recognized to be appropriate to normal residential uses and to maintenance of the Properiy. Borrower shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other action by any governmental ar regulator3' ��Y �' Pn� P�3' involving the Property and any Hazardous Substance or Environmental Law of which Boa�ower has actual knowledge. If Boaower learns, or is notifie�i by �y governmental or regulatory authority, that any removal or other renaeriiation of any Hazardous Substances affe�ting the Property is necessary, Borrower sl�all pramptly take all necessary remedial actions in accordance with Environmental Law. As used in this paragraph 16, ��Hazazdous Substances" are those substances defined as toxic or ha�ardous substances by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile �lvents, materials containing asbestos ar formaldehyde, and radioactive materials. As used in ictihis paragraph 16, "Enviromnental Law" means federal laws and laws of the jurisdiction where the Property is located that relate to health, safety or environmental protection. NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 17. Assignment of Rents. Borrower unconditionally assigns and transfers to Lender all the rents and revenues of the Property. Borrower authorizes Lender or Lender's agents to colle�t the rents and revenues and hereby directs each tenant of the Property to pay the rents to Lender or Lender' s agents. However, prior to Lender' s notice to Borrower of Borrower' s bre�ch of any covenant or agreennent in the Security Instrument, Borrower shall collec:t and receive all rents and revenues of the Property as tivste,e for the benefit of Lender and Borrower. This assignment of rents constitutes an absolute assignment and not an assignment for additional se�urity only. If Lender gives notice of breach ta Bonower: (a) all rents received by Borrower shall be held by Bo�ower as trvst� for benefit of Lender only, to be applied. to the sums se�ured by the Security Instrument; (b) Lender shall be entitled to collect and receive a11 of the rents of the Progerty; and (c) each tenant of the Properiy shall pay a11 rents due and unpaid to Lender ar Lender' s agent on Lender' s written demand to the tenan� Borrower has not executed any prior assignment of the rents and bas not and will not perform any act that would prevent Lender from exercising its rights under this paragraph 17. I.ender shall not be require� to enter upon, take control of or maintain the Property before ar 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 �y default or invalidate any othe� right or remedy of I.ender. This assignment of rents of the Properiy shall terminate when the debt s�vred by the Security Instrument is paid in full. , 2200170874 D V4NNE i VMP��LN(NE� (oao�).o� Page 8 of 8