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<br /> ' 13.Notices.My nouce to Borrawcr provided for in this Securiry Inswmcnt shall be given by delivering it or by ,
<br /> mailIng it by fint class mail unless applicabla law requires use of another method.'Ihe nodce shell be directed to the
<br /> Property Address or any other address Borrower designates by norice w Lender.My nodce to Lender shell bc:given by
<br /> first cless mail to Lender's address st�ted herein or any address Lender designates by nodce to Borrower. Any notice ,
<br /> provided for in this Securlry Instrument shall be dcemed to have been givcn w Borrower or Lender when given as
<br /> provided in this paragranh. �:��f:.,
<br /> 14.Governtug Law; SeverabilIty.This Securlty Instrument shall be govemed by Federal law and the taw of the ��'����-
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<br /> jurisdicHon in whlch�he Property is located.In the event that any provision or clause of this Security Instrument or the ":,--:L��..
<br /> Nate conflicts with spplicable law,such conNct shall not effect other provisions of thls Security Insuvment or the Note °°�'��``�`-
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<br /> wliich can be given effect wtthout thc conflicting provision.To this end the provislons of this Secur,iry Instrument end . -
<br /> the I+iate are declareal to be severable. _ _-_ -_--_-
<br /> , 15.Borrow�er's Capy.Borrower shall be given one conformed copy af the Note and of this Security Insmimen� _
<br /> 16. Hazardous Substxuces. Borrower shall not causc or permit the presence,use.disposal,storage.or release of �_�,r,�,:
<br /> eny Hazardous Substances on or in the Property.Borrower shall not do,nor allow anyone else w do,anythit►g affecting ;�_-==-
<br /> � . the Property that is in violation of any Environmental Law. 'll�e preceding nvo sentences shall not apply to the presence, • '%}"� __ _
<br /> use, or storege on the Property of small quanudes of Hazardous Subs�nces that are generally recognized to be '' ' �""`�"
<br /> apprapriate to nomial residenual uses and to maintena�ice of the Property. ��`�•F„
<br /> � Borrower shell prompdy give Lendes wdaen noflce of eny invesUgation,cleim,demand,lawsuia or ather acdon by � �
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<br /> <� any governmentel or regulatory agency or private party involving thc Property and any Hazarcloua Substance or .r .
<br /> Bnvironmental Law of which Borrowcr has actual knowledge. If Bonowe,r Icarns,or is norified by any govemmental or - `
<br /> � regulatory authodty, that any removal or ather remediation of any Hazardous Substances effecHng the Property is �b
<br /> - :--= ac��-y.ya;.�a�w atlatl prompsly ta:c�r:,,.:,�sy rr,�t;,dia!�sfons 3:�corsL°�ce::�ith En:•ironmenisl l..s�. -_,::
<br /> � As used in thls paragraph 16, "Hazardous Substances" are those aubstances defuted as toxic or hazardaus ,< ,�"
<br /> � �_. substances by Bnvironmental L.aw and the following substances:gasollne. kerosene.other flammable or toxic petroleum `'
<br /> ' products, touc pesdeides and herbicides, voladle solvents, materials contair►ing asbestos or fom�aldehyde, and L; �.�;�
<br /> • � radioactive msterials. As used in thls paragraph 16, "Snvironmental Law" means federal laws and laws of the �-
<br /> � jurisdicdon where the Properry is located that relata to health,safety or enviconmental protection. '��
<br /> NON•UIVIFORM COVBNANTS.Borrower and Lender fiuther covenant and agree as follows: '+'�
<br /> . 17.Assigo►ment of Renta Hormwer unconditionally assigns and transfers to Lender all the rents and revenues of _
<br /> � .�, the Property.Bo�rower authorizes Lender or Lender's agents W wllect the renta and revenues and hereby directs each -
<br /> . � tenant of the Property ui pay the rents w Lender or I.encler's agents.However,prior to Lender's not3ce to Borrower of
<br /> � � Bonowu's bre�ch of ar►y covenent or agreament in the Securiry Instnunent,Boaower shall eollect and receive all renta �-'�"�'�
<br />__ �i and r4venues of the Property as trustes for the bencfit of I.ender and Borrower.'I9�is essignment of rents constttutes en `� ,__ _
<br />„ , abs�late assignment end not nn assignment for addItional security only. E.�- --
<br />- , • If Lcnder gives nodce of breach to Horrower: (a)all rents recelved by Bornower shall be held by Borrower as ���-�
<br /> � trustee for benefit of L.ender only, to be applled w the sums secured by the Security InstnunenG(b)Lender shall be �-
<br /> endtled to collect and receive all of tha renta of the Property;and(c)cach tenant of the Property shal'!pay atl renis due E:;_
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<br />- . and unpaid to Lcnder or Lender's agent on Lertder's wriuen demand to the tenant '°���=���;_
<br /> ' Borrower hav not eaecuted any prior assignment of the rents and has not and wlll not perform any act that would
<br />'i� prevent L.ender fmm exercjsing its rights under thi.g paragraph 17. =`����-
<br /> _ , Lender shatl not be required t�enter upon,take control of or meintain�he Praperty before or after giving nodce of -= __ ^_
<br />; . , {, breach to Borrowu.However.Lender or a judicially appointed receiver may do so at any time there is a bteach. Any ---_
<br /> ' � appHcaflon of rents shall not curo or wraive any default or invalldate any other right or remedy of Lend;r. '!f►is -
<br /> ' a4signment of rents of the Property shall temunate when the dabt secured by the Seciuity Instrumertt is paid in full. �s�+�.�"_
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