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20110883� 15. Borrower's Copy. Borrower shall be given one conformed copy of We Note and of this Security Instrument. 16. Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the Property that is in violation of any Environmental Law. The preceding two sentences shall nat apply to the presence, use, or storage on the Property of small quanHties of Hazardous Substances that are generally recognized to be appropriate to normal residenHal uses and to maintenance of the Property. Borrower shall prompfly give Lender written notice oF any investigaflon, claim, demand, lawsuit or oWer action by any governmental or regulatory agency or private party involving the Properly and any Hazardous Substance or Environmental Law of which Borrower has actual knowledge. ff Bonower learns, or is notified by any governmental or regulatory authority, that any removal or other remediatlon of any Hazardous Substances affecting the Properly is necessary, Borrower shall prompfly take all necessary remedial actions in accordance with Environmental Law. As used in this paragraph 16, "Hazardous Substances" are those substances defined as toxic or hazardous substances by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materlals containing asbestos or formaldehyde, and radioactive materials. As used in this paragraph 16, "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate to health, safety or environmental protection. Non-Uniform Covenants. Borrower and Lender further covenant and agree as follows: 17. Assignment of Rents. Borrower uncondiflonally assigns and transfers to Lender all the rents and revenues of the Property. Borrower authorizes Lender or Lender's agents to collect the rents and revenues and hereby directs each tenant of the Property to pay the rents to Lender or Lender's agents. However, prior to Lender's notice to Bonower of Bonower's breach of any covenant or agreement in the Security Instrument, Borrower shall collect and receive all rents and revenues of the Properly as trustee for the beneflt of Lender and Borrower. This assignment of rents consfltutes an absolute assignment and not an assignment for addiflonal security only. If Lender gives notice of breach to Bonower: (a) all rents received by Borrower shall be held by Bonower as hvstee for benefit of Lender only, to be applied to the sums secured by the SecurIty Instr�ment; (b) Lender shall be entitled to collect and receive all of We rents of the Property; and (c) each tenant of the Property shall pay all rents due and unpaid to Lender or Lender's agent on Lender's written demand to the tenant. Borrower has not executed any prior assignment of the rents and has not and will not perForm any act that would prevent Lender from exercising its rights under this paragraph 17. Lender shall not be required to enter upon, take control of or ma9ntain the Property before or after giving notice of breach to Borrower. However, Lender or a judicially appointed receiver may do so at any time there is a breach. Any application of rents shall not cure or waive any default or invalidate any other right or remedy of Lender. This assignment of rents of the Properly shall terminate when the debt secured by the Security Instr�ment is paid in full. 18. Foreclosure Procedure. If Lender requires immediate payment in full under paragraph 9, Lender may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies under this paragraph 18, including, but not limited to, re,asonable attorneys' fees and costs of title evidence. 1004NNE 000887789958 71/21/2011 07:05am FHA Mortgage WRH MERSNE Revlsed 4/96 Amemled 7/04 VMP � VMP4N(N� (1105).00 Woiters Kluwer Flnancial Servic� Page 7 of 10