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<br /> 13.Nottces.Any natice to Borrower provided for in this Seauisy Iostr�ment shall be given by delivering it or ' ; „�
<br />_ �y�{�n�y fust class mail�snfess ap�liceble taw requims use of aaather methad.The notice shall be direcced co - ----- --,-- -
<br />; �e p�,��p��or�y ot�ter s�dress Borrower dssignates by ttoace to I.ender. Any notice to L�nds� shaU lse
<br /> � given 6y first ciass mail co Lendex's �ddress stated herain or any addYess Lender dssignaces by notice to Bomower. , .
<br /> Any notice provided for in this Securiry Inst�ua�at shall b����1O�ve been given to Bor�»wer or Leader wh$n
<br /> given as pmvIded in this paragraph. � ���._�'.
<br /> � t4.Governing Iaw; �everabi�iry.This SescuYllY lsctn�ment shall be govetaed hy Federal Iaw and thL 1Stv of "-:ir:•:,-;c� -.'--
<br /> �s tacated. In the event that any p�ovision or clause of this Secur[ty��stmment , . -�;w;:r.^
<br /> the;urisdicHoa in which the Properi3l' . .�,�`,s•':
<br /> or the Note co�licts with apjslicable laa.sach oonflict shall not affea other pmvisions�f this Security Instrumeat o� . ,�,.
<br /> the IYote ahich pa be given�ffece without tS�e wnflicun�Provision. To this ead the provislons of this Secualry .., �r r:�-.=
<br /> rf �.;.�„� . `.
<br /> Tnsuument and the Note aae dec1ared to be sev��ble. . `
<br /> 15. Borro�+r�'s Copy. Borrower shal� be �iveu ane canform� coPY of the Note and of this Sx�.""iry r ,��_;:.
<br /> Insa'ument• storage,or release , �,.. "-=,`�
<br /> 16. H�ardos�Sabstanees. Borroarer shall not c�se or permit the prese¢ce.use,disPosal, • -: -�;�'.'�'"._
<br /> of any Hazardous Substances on or in the Prai�erry. Sorr�wer shaU aot do,nor allow anyone else to do. anything :.�,:�" __
<br /> �{�g�propeity tvat is in viol�ian of any Environmentallaw. �e preceding two sentences shall aot apply co _
<br /> at :n�'�—
<br /> the p�esence. use, or storage on the Pmperty of small quantitles of Ha�dov� Substaaces tbst are geaerallY ..,'�;�_ �
<br /> h
<br /> ��,ed to be appmpriate w nocmal residential�ses and to maiateuaace of the Pmpei"•Y• :����c.s;- ''``
<br /> a
<br />•..�g ro d ve I..ender wrFtten nottce of an}r investigadon,claim.demand,lawsuit or other uction �=��-
<br />. Borrower shall p mP Y Sn � the Pro and aay Hazardous Stibstance or °��a�����,.�;'".!
<br /> bY�nY govemmeatal or r�egulato:Y aBeacY or Pnvaze partY mvol g PenY ._.-�••��.-r` :
<br /> �.� �nvimnmental Law of which Borrower iias actuallmowledge. If Borrower teams,or is notified bY�Y 8mvemmenta1 : at• T��
<br /> �' or cegulato:g authority.that aaY�e�oval or o t h e r r e m e d i a t ion of an y Hazardflus Substa�ces affeaing the PropertY is '� 5.. , .
<br /> nec�sary,Bmarower shall pmmgtly take all necessary eemedial acdons in accordaace with Eavironmental Iaw. _ �,
<br /> h 16, 'Ha�ardous Substances' are those substances defined as toaic or �axardous %��1 `
<br /> - Aa used in this par�g�aP S oline, lcemseue, other ftammable or toxic ..;.
<br /> ��� tyy g,nyironmeatai Law and the followin substaaces: gas --
<br /> 'cides and herbicides,volatile solvenu,materials cantaiminS asbest°s ar formaldehyde. `��•`
<br /> peuoleum pmducts,wxtc peste -
<br /> and radioatx��materials. As used in this paragr'aph l6. 'Eaviromneatal Law"means fede�al laws aad iaws of the `.;.��:,:.
<br /> juiisdicrion a�xre the PrapertY is located that relate to health,safetY or environmental pmtecAian. ,{
<br /> Leuder further covenant and agre as follows: -- .�'�" -
<br /> NON-UMFOI�M COVENAI3TS.Borrower and �`:+ . - ��,c�:^�,
<br /> 1 7.A s s f g n meat of Rents.Borrower uaconditi�tsatly assigns and u a n s feis to L e n d e r a l l t h e�t s a n d r e v e n u e s � �,
<br /> satl
<br /> of the Prapeat}►.Borrower�thorizes Lender or Le���'a's agents co co IIect t he rea t s a n d r e v e n u e s a n d h e z�y�e i e c t s , �`.. ::F
<br /> each tenant oE the Pmperty to pay the rwts to LR,ndec or Lender's agents. However, Prior w Imder's cccse w - _-
<br /> • Borrower of Borrower's bre2ch of any covenant or agreemes►t in t�z SecuntY Ins�nt�B°��'°e��COu�aIId _ —
<br /> receive all ieats and revmnes of the Property as trusteE fo:the benefit of Lender and Borrower.This assignment of _- _'-��'-
<br /> • �ss canstiwtes aa a6soi�sssignmeat and not an assignment for additional securiry only. � �,�.�„:
<br /> If L�der gives noti�e of br�aah to Boreower. (a)all rents rereived by Borrower shall be held by Bom�wer as ���M����
<br /> uustee for beae&t of Lende�only, to be appligd w the sums s$aued by the Security insuame�s;N�pay a��tbes .---_-
<br /> �.M.:.�,:----=_
<br /> entitled to collect aad receive all of tb�z reats of the Property;and(�)each tenant of the Pr�eaay R-.�,rM..�.
<br /> ' due and uapaid to Lendea ur L,ender's agent un Ixnde�'s written demansi to the teaant. _ - ,_____----_-__
<br /> • � Bonower has not exowted any Pnor assignmerxt�f the rents aad has not a�ssP�ill not perform any ac�that would ! r
<br /> a .t -
<br /> *a h 17. " ���A�
<br /> , paeveat Ler,�."er fcom exercising its rights under this p�:. S�P norice %,•�:a;''
<br /> . I.end��all not be required to enter upon,tas:sontrol of or ciaintain the PmpertY before or after giving
<br /> of breach to Borrower.However. Lend�r or a judic:zlly appoin`at rc�eiver may do ss at anY time there is a breach. _ ''�_�•
<br /> � , pny ap�pl�cation of rents sLa11 not cure or waive .�ri; '?efault o:in�widate any other right or remedy of Lender.This .. , '�,'..�,:-.:
<br /> a t�:�,:��.
<br /> assignment of rents of tFr�Praperty shall terminate=.i�'�s the debt secured by tfle�curity Insuumcvt is paid in full. „�,�,,_• ��_
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