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<br /> 13.Notkea.My noticc to Borrower provlded for in this Securiry Instrument shall bc given by dclivcring it or by
<br /> malling it by first cless meil unless npplicable law requires use of another meihocl.The notice shsU be directed eo che
<br /> Property Address or any other address Borrower designates by notice to Lender.Any nodce to Lender shall be given by
<br /> -• "''" f¢st class mail to I.ender's address smted herein or any address Lender de.signatss by notice to Boaower. My nodce
<br /> " provided for in this Security Inswmcnt shall be deemed to have been givcn to Borrower or Lender when given es
<br /> provided in this paragraph. •• .
<br /> 14.Governing Law;Severability.'Itiis Security Instrumcnt shall be governed by Federal law and the law of the ^
<br /> jurisdicaon in which the Property Ls located.In the event that eny provision or clause of this Securiry Instrument or rhe �:�
<br /> Note conflIcts with applicable law,such conflict shall not affect other provisians of this Security Instrument or ihe Note '�'�,ti�
<br /> which can be�iven effect without the conflicting provision.To this end the provisions of this Security Instrument and � ,;:���
<br /> the Note arc declered to be severabie. •-*.-r-�-r`-.'
<br /> 15.Horrawer's Copy.Borrowcr ahall be given one conformeA copy of the Note and of this Security InstrumenG ..' r�`--°' -
<br /> 16. Hezardous Substances. Borrower shall not cAtise ar petmit the preunce,use,disposal.storage,or release of '-!'
<br /> any Hazardous Sabstances on or in the Pcoperty.Borrower shall not do,nor allow anyone else to do,anything effecdng �
<br /> ��r: :•�
<br /> � the Property that is in violation of any finvironmental Law. The preceding two sentences shall not apply to the presence, ,�_`,��
<br /> _ . use, or storage on the Property of small quanudes of Ha7ardous Substs�nas that are generaUy recognized to be .;
<br /> ' a�pmpriate to normal residentiial uscs and w maintcnance of the Pro `''""
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<br /> ' � Bonower shall prompdy give Lende�•wriu.en notice of eny invesdgadon,claim,demand,lawsuit or other acdon by _.:�s{;_,
<br /> any govemmental or reEulstory agency or private psuty Involving tho Property and any Ha�ardous Substancc or _
<br /> flnvironmental Law of which Hoaowu hes ecwal knowledgo. If Horrowa leams.or is nodficd by eny govexnmental or _____-
<br /> � � rcgulatory authoriry, thut sny rcmoval ar other remedladon of any Herardous Substanccs affctdng tha Property iy ���;-ry,�,�
<br /> ,., necessary�Borrow�r ahail promptly taka all necessary rem.e�l�l ecdons in accordence with Bnvironmental Law. .�
<br /> , ' As uscd in this paragcaph 16, "Ha�ardous Substanccs" ero thoso substances dcfined as toxic or hazardous .------
<br /> �-. cn�ic�nnrr__a I►y Rnvimnmentn�[aw and tho following substaoc,es:¢asollno,keroseno,other flammaLlc or Wxic petrolcum - _
<br /> , w � prosiucts, wxic pesdeides and herblcides, volatile solvants, materiaL9 containinE asbestos or forn►aldehyde, end
<br /> radioactivo materlals. As used in this pazagraph 16, "Hnvironmental Law° means federal lawe and Iawe of tho —
<br /> , , jurisdicdon where the Property is locatcd that rclate to health,safety or environmental protecdon. F,.
<br /> '' NO1V•UN�ORM COVHNANTS.Sorrower and Lender further covenent and egrPe as follows:
<br /> 17.Assignment o!Renb. Borrower uncondidonally esslgns and transfers t,o Lender all the rents and revenucs of =_
<br />_'" the Property. Boirower authorizes L,ender or I.ender's agents to collect the rents end revenues and hereby directs each !-
<br /> tenant of the Property to pay the rents to Lender or Lend�r's agents.Howevea,prior to Lender's nodce to Boaower of �':�
<br /> ° 9 . Honower's breach of any covenant or nEreement in the Security Instrument, Borrower shall collect snd receive all rents ��
<br />- and revenues of the Property es trustee for the benefit of Lender and Bocrowu.�tiis assignment of rents consdwt�s an
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<br />�,.;.,. . . ;, ebaolute assI�nment and not an assignment for addidonal security only. �
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<br /> ��:���-� If Lender gives notice of breach to Bonower. (a)all rents received by Bocrower shali be held by Borrower as ��Y
<br />='""''` "'` ' austee for benefit of L,cnder only, to be applied to the sums secured by the Security Instrumenx @) I.ender shall be �
<br /> '� •i"""`•;` enuded to collcct and receive all of the renta of the Pro periy shall a all rents due �==• �
<br /> perty:and(c)each tenent of the Pra P Y �._,t:.:--
<br />''�'`�� ' end unpaid to I.ender or Lender's agent on Lcnder's written demand to the lea�an�.
<br /> Honower has not executed a��y prior assignment of the rents and has not end will not perFom►any ect that would �=
<br />;:, . . prcvent Lenctcr from exercising its rights under this paragrnph 17. �___.�.— -
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<br /> - � • Lender shall not be requlred to enter upon,talce control of or rnaintein the 1'roperty before or after giving nottce of �.�,�
<br />� �''-� bceach w Borrowet.However,Lender or a judicially appointed receiver may do so at eny time there is a bre�ch.Any �.
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<br /> �.,• • . eppllcadon of rents shall nat cure or weive any default or invalidaus nny other right or remedy of Lender. This -
<br />�```�..:. ,, a�signmca�t of rents of the Property shall terminate when the debt secured by the Security Instrument is paid in full.
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