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<br /> 13.Notices.My notice co Borrowcr provided for in this Sccwity Instrumcnt shall bc givcn by dclivcring it or by i
<br /> � mailing it by first class n►ail unlcss applicablc law requucs usc of another method.Thc noticc shall be directcd to ihe i
<br /> Properry Address ar any other address Barrower designates by notice to L.ender.My notice to Lender shall be given by I r
<br /> first dass mai!to Lender's address stated herein or any address L.endee designates by notice to Borrawec. Any notice �
<br /> provided for in this Security Instrument shaU be decmed to havc bcen given to Borrower or Lcnder when given es �� _
<br /> , � � provided in this paragraph.
<br /> 14.Governing Law;Severability.This Security Instrument shall be governed by Federal law and the law of the
<br /> jurisdiction in which uhe Property is located.In the event that any provision or clause of lhis Security Insuument or Ihe _ ___
<br /> Note conflicts with a ppGcable law,such conflict shaU not affect other provi.sions of this Security Instrument or the Nole `�4��
<br /> which can be given effect without the conflicting provision. To this end the provisions of t his Security Ins t r u men t a n d ;�;,, _
<br /> the Note are declared to be severable. "
<br /> 15.Borrower's Copy.Borrower shnU be given pne conformed copy of the Note and of this Security Insuument ..
<br /> 16. Hazardous Substances. Bonower sh Bonower shalllnot do�op allow anyone else to do�anything affe�c'w� '��
<br /> any Hazardous Substanccs a► or in the Propeccy. ,,��;�
<br /> the Property that is in violalion of any Enviranmental Law. The prcceding two sentcnccs shall not apply to thc presence. ,
<br /> , use, or swragc on the Properry of small quantitics of Hazardous Substances that arc �enerally recogni�.cd to be ;'�__h-
<br /> appropriate co normal residential uses and w maincenancc of thc Property. -
<br /> t Borrower shell pmmpdy give Lender written notice of f►ny invesdga6on,claim,demand,lawsuit or other action by
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<br /> '!4. any govemmentel or regiilatory agency or privatc pariy imolving the Property and any Hazardous Substancc or ;:. .
<br /> Environmental Law of which Borrower has acwal knowlcdge. If Bonower lcams,or is notitied by any governmental or .,�.;,�,�;:�:-�-
<br /> regulatory authoriry, that any removal or other remediadon of any Hazerdous Substances effecting the Property is :_;���_��_
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<br /> ' necessary,Borrower stiall prompdy take all necessary remedial actions in accordance with Environmental Law. }: �
<br /> As used in this pareBraPh 16, "Haznrdous Substances" are those substances defined as toxic ar hazaxdous ���_
<br /> ' i substanccs by Environmentel Law and the foUowing substances:gesoline.kerosene,uthei flammabtc ar toxic�tr�2eum � •,..�
<br /> •� products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and � �� ��.�:
<br /> � radioacdve materiels. As used in �his Parab'�Ph 16, "Environmental Iaw" means federal laws and laws of ihe _ �.�ieau�
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<br /> , � jurisdiction where the Property is located ihat relate to health,safery or environmentel protecdon. ,�„_,
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<br /> �` NON-UMFORM COVENANTS.Bonower and Lender further covenant and agrec as fullows:
<br /> �' 17.Asstgnment of Rents.Boaower unconditionally assigns and transfers to Lender all the rents and revenues of :�'-
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<br /> �'� the Property.Borrower authorizes L.ender or L.ender's agents to coUect the rents and revenues end hereby dire�ts tach .
<br /> � tenant of the Praperty to pay the rents to Lender or L.endcr's agenls.Howevcr,prior to L.ender's nodce w Bocrower af - _
<br /> � Borrower's breach of any covenant or agreement in the Security Insuvment,Borrower shall collect and necceive all rents
<br /> �� and revenues of the PropeaY as trustee for the benc�it of Lender and Borrower.This assignment of rents constitutcs an w_ _—_
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<br /> absolute assignment and not an assignment for additlonel security only. r:
<br /> � If Lcnder gives nodce of brcach to Boaowcr. (a)all rents rcceived by Borcowcr shall be held by Borrower as ' -_ .�
<br /> trustee for benefit of Lcnder only,to be applied to the sums securcd by the Sccuriry Instrumcnt;(b)Lcnder shall be -
<br /> ,; endded to collect and receive all of the rents of the Property;and(c)each tenant of the Property shaU pay all renu due .�__
<br /> and unpaid to L.cnder or Lender's agent on L.endcr's written demand to the tenant �z^
<br /> x Borrowcr has not executed any prior avsignment of the rcnts and has not and will not perForm any act that would .;:;,_-�
<br /> prevent i.cnder from exenising its rights undcr this paragraph 17. - °�
<br /> Lender shall not be requimd to enter upon,take control of or maintain the Properry before or after giving nodce of _
<br /> breach to Borrower. Howcver,Lendcr or a judiciaUy appointed receiver may do so at any time thcre is a bmach.My �;.��� :...,.�_�.
<br /> applicauon of rcnts shall not curc or waivc any dcfault or invalidatc any othcr right or rcmcdy of Lender.This �'fi�,.:�`-�i,�'`�
<br /> assignment of rents of ihe Property shall terminate when ihe debt secured by thc Securiry Instrumee�t is paid in full. ,„,�» :
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