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<br /> 13. Nattces. Any noticc[o Borrowcr providcd for in this Securiry lns[rumcn[ chall hc�;ivcn hy dclivcring u ur
<br /> #J�; by mailing it by first class mail unlcss applicablc l.nv rcquires usc oi anuthcr mcth�d. Thc not icc sh,dl tn dirrcird w
<br /> the Property Address or any othcr address Borrowcr designaics by noticc io Lcndcr. An� nuticc tu l.rn�lrr �le�li hr
<br /> ` p�� given by first class tnail to Lender's address scated hcrcin or�uiy adJress l.c�idcr dcsigncucs by nuucc �u fiurru��cr
<br /> Any notice provided for in this Security Instrument sh111 be deemed�o have bcen aiven�o Horruwcr or Lcndcr whcn •
<br /> �� • given as provided in this paragraph.
<br /> 14. Governinfi Lnw; Seve��ability. This Securiry Instrument shap be govcrned by Fedcral laa and th� law ui ��
<br /> � die jurisdiction in which the Property is located. In the event that any provision or clause of[his Security Instrumen� ' :
<br /> s�_-,'
<br /> or the Note coaflicts with applicable law,such conflict shall not affec[other provisions of this Security Instrument ar __
<br /> �� the Note which can be given effect without die conflicting provision. To this end the provisions of this Securiry }=`"'�
<br /> �, Instrument and the Note are declared to bc severable. �`�u
<br /> - 1S. Borro�ser's Cupy. Borro�ver shall be given one conformed copy of the Note and of this Security
<br /> Instrument. Y`.'�
<br /> � lb. Hazardous Substnnce.a. Borrower shall not cause or perrnit the presence,use, disposal, staragc,or release ���'?
<br /> of any H,�rdous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything �t:,`;.M--
<br /> . affecting the Property that is in violation of any Environmental Law. The preceding two seatences shall not apply to =,
<br /> _ the presence, use, or storage on the Property of small quantities of Hazardous Substances tha[ arc gencrally �-
<br /> recognized to be appropriate to normal residential uses and to mainteuance of the Property.
<br /> • Burrower shall promptly give Lender written notice of any investigation, claim, demand. lawsuit or other action =
<br /> , '•`' by any govemmencal or regulatory agency or private pany involving the Property and any Hazardous Substance or -
<br /> � � i. Environmental Law of which Borcower has actual knowledge. If Borrower Iearns, or is notified by :uiy governmental
<br />" „ '�� or regulatory authority,that any removal or other remediation of any Hazardous Substanccs atfccting thc Pn�perty is
<br /> - .E , pn�mavrr chall nrmm�rtv rakP all necessarv remedial actions in accordance with Environrnental L:IW.
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<br /> i�� � As used in this paragraph 1G, "Hazardous Subs[anccs" are those substances dctined as [oxic or hxzardc�us -
<br /> substances by Environmental Law vid the following subsiances: gasoline, kerasene, oihrr tlamnuihlr ur iorir
<br /> • petroleum products, toxic pesticides a�id herbicides,volaiile solvents, matcrials amtuininE,slu,iu,ui �i�rmal�lrh��Ic.
<br />=. :�< • ' � and radiaactive materials. As used in this paragraph 1G, "Environmcntal Luw" mcans fcderul la�vti.�nd �:m� ��� ih.•
<br /> 4.� •,-t:.�'�..Y'' �'
<br /> jurlsdiction where che Propeny is located tha[relate to health,safecy or environmental protcc�ion.
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<br /> *�-""' NON-UNIFORM COVENA[VTS.Bonower and Lender further covenant und agree as follows:
<br /> '�`��� � 17. Asstgnment of Rents. Bonower unconditionally assigns and transfers to Lender all the ren[s and revenues
<br />�::y; .�, � ., of the Properry. Borrower authorizes L.e:udei or Lender's agcnts ro collect the rents and revenues and hereby directs
<br />°;:�,�� each tenant of the Property to pay the rents to l.ender or Lender's agents. However, prior to I.ender's notice to
<br /> Bonower of Bonower's breach of any covenant or agreement in the Security Instnunent, Bonower shall collect and
<br />�z��. recefve all rents and revenues of the Properry as trustee for the benefit of Lender and Bonower. This assignment of
<br /> rents constitutes an absolute asslgnment and not an assignment for additional security only.
<br />_��?�:;..tj�� If Lender gives notice of breach to Bonower; (a)all rents recelved by Borrower shall be held by Borrower as
<br /> �-=`�4`r�� uustee for benefit of Lender only, to be applied to the sums secured hy the Security Instrument; (b)I..ender shall be —
<br /> _ — entitled ro collect and receive all of the renu of the Propeny; and(c) each tenant of the Property shall pay a11 rents
<br />= �-�--�--���-� due and unpaid to Lender or i.endcr's agent on Lender's written demand to the tenant. �-,_ ____
<br />��``�'���°� Borrower has not executed any prior asslg�unent of the rents and has not and will not perform any act that would
<br />�'':-�,;�_,_ .,. .., prevent Lender from exercising its rights under tbis paragraph 17.
<br /> Lender shall not be required to enter upon, take control of or maintain the Propeny beforc or nfter giving noticc _
<br />-A` a�. of breach to Borrower.However, Lender or a judicially appointed receiver may do so at any time there is a breach. —
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<br /> __�,y�> Any applicatio»of rents shatl not cure or waive any default or invalidate any othcr right ar rcmedy of Lrndcr. This
<br /> = ""�'`�" ;.; assignment of rents of the Proper[y shull terminatc when[he debt secured by the Security Insirumern is paid in fu1L -
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