Laserfiche WebLink
. . :''}. <br /> , , . , • <br /> ,. - - <br /> r � ' <br /> R�-��coRnEd g��-�t,�i�34() 97�' /U�'/�� �� � <br /> . I . �: <br /> , . .- <br /> 13.Notfces.Any noucc to Bonowcr provided for m this Sccunry lnstrument shall bc grven by dclivcnng it or by ' <br /> meiling it by first class mail unlc;s.g applicablc law rcquires usc of anothcr method.Thc nodcc shall bc d'uccted to thc <br /> Property Address or any other address Bonower designetes by notice:to Lender.Any notice to L.ender shall be given by <br /> fust class mail to Lcnder's address stated hcrcin or any address Lendcr designatcs by noticc to Bonowcr. Any notice <br /> providcd for in this Sccurity Instrumcnt shaU be deemcd ta have been givcn to Bonowcr or Lcndcr when givon us I _ <br /> providcd in ihis paragraph. <br /> � 14.Gove�nfng Law;Severability.This Security Insuument shall bc govcrned by Fedcral law and the law of thc � � <br /> � jurisdicGon in whlch the Property is located.In the event that any provision or clause of this Sccurity Instrumeiit or the <br /> � Note conflic�s with applicable law,such conflict shaU not affect other provisions of this Security Insurument or the Note <br /> which csn be given effect without the conflicting provision.To this end the provisions of this Securiry Instrument and �� <br /> the Note are declared to be scverable. . <br /> � 15.Borrower's Copy.Borrower shall be given one conformed copy of the Note and of this Security Instrument <br /> 16. Haiardous Substadces. Bottower shall not cause or permit the presence,use,disposal,storage,or release of , <br /> any Haaardous Substances on or in the Ptoperty.Rorrower shall not do,nor allow anyone else to do,anything affecting <br /> .I the Property that is in violation of any EnvironmenW Law. The pr�..ceding two sentences shall not apply to the presence, <br /> use, or storage on the Property of small quantides of Hazardous Substancos that are generally recognu.ed to be <br /> appropriate w nortnal residential uses and to meintenance of the Propeny. <br /> Borrower shall prompdy give Lender written nouce of any invesugarion,claim,demand,lawsuit or other acuon by <br /> any governmenta! or regulatory agency or private party involving the Property and any Hazardous Substence or <br /> �r Environmental Lsw of which Bonbwer has actual knowledge. If Boaower learns,or is notified by any govemmental or <br /> regulatory authority, that any removel or other remediation of any H�ardous Subsiences affecting the Property is "'�` <br /> necessary, Borrower shall prompdy take all neces.4ary remedial acpons in accordance with Env'uonmental Law. � �.• • <br /> As used in this paragraph 16, "Hazardous Substan;es" are those substances de�med as toxic or hazardous -` � <br /> substances by Environmental Law and the following substances:gasoline,kerosene,other flammable or toxic petroleum •_�, <br /> � . <br /> - .._..__ „_ <br /> products, toxic pesdcides end herbicides, volatile solvents, materials containing avbestos or farmaldehyde, end �-°-�-°� <br /> � radioacave materials. As used in this paragraph 16, "Environmental Law" means federal laws and laws of the „�Y�-- <br /> j�uisdtction where the Property is lc�caud that relate to health,safety or environmental prouxtion. ' � :;=- �.�_ <br /> NON-UNIFORM COVENANTS.Borrower and Lender furlher covenant and agrec as foUows: � �+*- <br /> 17.Asstgnment ot Rents.Borrower uncondidonaUy assigns and transfcrs to Lendcr all the rents and revenues of �' � ��: <br /> �r �. <br /> the Property.Borrower suthor'u•.es Lender or Lender's agents to coAect the rents and revenues and hereby directs each �` <br /> tenant of the Property to pay thc rents to I.ender or Lender's agents.However,prior to Lender's nodce to Boaower of �• <br /> , BorrowePs breach of any covenant or agreement in the Security Instrument,Borrower shall coUect and re,ceiv�all rents ,-+�-�— <br /> ' and revenues of the Property as trustee for the benefit of L.ender and Bonower.'Itiis assignment of rents consdwtes an ,��;- <br /> absolute assignrncnt and not an as.aignment for addidonal security only. .� <br /> ' If Lender gives nntice of brcach to Borrower: (a)all rents reccived by Borrower shall be held by Borrower as �"'' <br /> '.:,�:r- <br /> trustee for benefit of L.ender only,w bc applied to the sums securcd by thc Security Instrumenr(b)Lender shall bc -_ <br /> endded to collect and receive all of the rents of the Property;and(c)each tenant of the Properry shall pay all rents due `�:�:.� <br /> and unpaid to L.ender or Lender's agent on Lcnder's writtcn demand to the tenanG -�_ <br /> .,�:^� <br /> Borrower has not executed any prior assignment of the rents and has not and wip not perform any act that would "''°°� <br /> preventLender from excrcising its rights under this paragraph 17. ^;`=f rm�� <br /> � Lender shall not bc reyuired to enter upon,take control of or meintain the Property before or afcer giving nodce of �~�''"'���� <br /> breach w Borrower. However,Lender or a judicially appointed receiver may do so at a�iy time there is a breach.Any "�---_ . _. <br /> application of rents shall not cure or waivc any dcfault or invalidate any othcr right or remcdy of Lcnder. This "�.�'' <br /> assignment of rents of the Propeny shall terminate when the debt secured by thc Secwity[nstrumcnt is paid in fuU. . � `� ,�;:. <br /> � <br /> I , <br /> ' ��4R(NE)19so��.o+ Pape8o18 i���iai�. <br /> I <br /> , ' ...... .. I <br /> L <br /> .._...___ �... __ ____.'__ _. _. _._. . -.. <br />