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<br /> 13.IYotfces.Any notice to Borrower provided for in this Security Iustnimtnt shall be given by delivering it or , ;
<br />_ by mailing it by first class mail unless applicable law require�use of another method. The nouce shall be directed to �'� �"``:� ,l�.y -
<br /> , . _ ;:�r,,.:.�.,, : '
<br />- the Property Address or any other address Barrawer designates by notice to l.endcr. Any notice to Lender shall be r; > ___ x .:� �-_
<br />. given by first class mail to Lender's address stated herein or any address Lender designates by notice to Boaower. �.,; �
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<br /> Any notice provided for in this Securiry Instrument sball be deemed to have been given to Boaower os Lender when {?,�s
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<br /> givea as provided in this paragraph. ` �.�,-, '?;;"• �`
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<br /> 14.Governing Law;52verabilit]�. "Ihis Secunry Inswme�u shal� be 8overned by Federal law azcd We law of ,
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<br /> the jurisdicaon in which the Propercy is located. In[he event that aay provision or dause of this Security Instrument � - '-'�`'<".�'.`-'• . ,'s.;:': --
<br /> - or the Note conf[icts with applicabte law. such canflia shal!not affect other provisions of tnu Security Instrument or � ', � _ ��,._.,
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<br /> � the Note wtuch can be given effect without the conAicting provision. To this end the provisions of this Security � ;,•.; ; � „ y.'r�,,, ,_
<br /> ..�� Insuvment aad the Note aie declared to be severable. � •, <� 'ry'�,�5�$
<br /> 15. S�arower's Copy. Borrower shall be given one conformed copy of [he Hote and of [his Securiry
<br /> . Insuument. .:;r.`-,',. ..; . , ,, `.
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<br /> 16. �rdnns Su6stances. Borrower shall not cause or germit ths presence,use,disposal.stotage,or release ;. � ���
<br /> of any Ha?ardous Substances on or in[he Property. Borrower shall not do, nor allaw anyone eLse to do. anythin8 -: : r . �'';�--
<br /> ;:,-;vs?_._.� __
<br /> ; affecting t11�proper[y that is in violation of any Environmental Law. The prec�ding two sentences shall nat apply to , '.`•�;.;,:.;., , :•>?,,`�•,;,�-
<br /> ;.,:•... ''•:.�;
<br /> . � the presence. use, or storage oa the Property of small quantities of Ha7ardous Substances tl�at are generally , ;;.:.,:.�.:�� ' -
<br /> ' recognized to be appropriate to normal residential uses and to maintenance of the Property. ` . �4`�'�': , -�--
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<br /> ' Borrower shall prompdy give Lender written nouce of any investigation,claim,detnand,lawsuit or other action �'�;,.,�..�
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<br /> by any govemmental or regulatory agency or private party involviag the Progerry and any Hazardous Substanc�or ,° ' . •.,•.�,r,::.;i �.�-
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<br /> Environnaental Iaw of wlrich Borrower has actual imowledge. If Borrower learas.or is notified by aay goveminental • �;`.;. r,, r,•;�.;:.' ':
<br /> • or regulatory authoriry,that any remaval or other remediation of any Hazardous Substances affecting�t►e Property is � �,li s--::
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<br /> <<,�:�-.; .;, ..
<br /> ' necessary,Borrower s�all promptly take all necessary remediai acrions in ascordance witb Hnvironmental Law. . ., ��j s ::
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<br /> ps used in chis paragraph 16. "Ha7ardous Substances" are those substances defined as toxic or hazardous • ,<..;;; � ,.,;:. :"- �
<br /> substances by Envir�onmentai Law and the following substances: gasoline, kerosene, other tlamuiable or toxic ' �� �`��� `� �� �
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<br /> peuoleum producu,coxic pesticides and herbieides,volatile solvents,materfala containing asbestos or fatmaldehyde, .;��,�� : �§ .�. ;�. _.
<br /> ` and radioactive materials. As used in this paragraph 16, "Environmental Law" means federal laws and lawa of the : �?.� �>4; :. ;
<br /> jurisdiction where the Property is located that mlate to health,safety or environmental protecrion. .'�� �?'�'. ��' = _
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<br /> ' NON-UNYFORM COVENANTS.Borrower and Lender fiuther coveuant and agree as follows: �: , '`�
<br /> , . .
<br /> �- 17.As-ig�meat of Rents.Borrower uc�ondidonaUy assigas and t►ansfers to Lender all the rents and revenuea �"�
<br /> of the Prop�ty. Borrower authorizes Lender or L.ender's agents to collect the rents and revenues and hereby directs �'�~` - �
<br /> - � . SO�.�:.. . c, `.�
<br /> : ; each tenant of the Properry to pay the renu to L.ender or Lender's agenu. However, prior to Lender's notice to ,,,,,'�x",� _�
<br /> '} Borrower of Borrower's breach of aay covenant or agreement in the Security Instnunent, Bonower shall collect aad , `-'" " �r•���:;`-
<br /> receive all rents and revenues of the Property as m�ste�for the benefit of Lender and Boaower. This a�signment of ""°''�'' ��°=�
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<br /> reats constltutes an absolute assignment and not an assignment for additional seauiry only. �' -� r•-��.,^�-
<br /> If Lender gives notice of breach to Borrower: (a)all rents received by Boaower shall be held by Borrower as :_,'�"�.';,�;�.�_
<br /> uustee for benefit of Lender oniy,to be applied to the sums secured by the Securtty Instrument; (b)L.ender shaU be ��''"��"'�
<br /> '�i entitled to collect and receive all of the rents of the Property; and(c)each tenant of the Property shalS pay all rents _� _ ,,:,:;
<br /> -v� due and unpaid to L�der or Lender's ag�nt on I.ender's written demand to the tenant. �. •��' - �,_-
<br /> Boaozver has noi eaecuted aay prior assignment of the rents and has not and will noi perform any act that would ,..,�'
<br /> prevent Lz.^.der from exercising its righu under this paragraph 17. '""�•,� '.'� ---
<br /> I.ender shall not be required to enter upon,take conuol of or maintain the Property before or after giving notice ..�r;;�;.�:
<br /> of breach to Boaower.However,Lender or a judicially appointed receiver may do so at any time there is a breach. ;'._y�ik::: .,- .
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<br /> My applicauon of rents shall no[cure or waive any default or invalidate any other right or remedy of Lender.This .•_,:�� _:-.= �= _
<br /> assignment o�'rents of the Property shall terminate when the debt secured by the Security Instrument ia paid in fuQ. .:,-�-^�° "'•-=••'-° r:
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