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<br /> _. 13.Nottt�es.Any notite tn Borrower provided for in ti�is Security Instrumeat shall be giveu by delivering it or by - -- - -
<br /> � ,� � -.-. • �°
<br /> mai}ing it by first c1a5s mail unless aPplicable law requiies use of another method.The notice sha11 be dir�ted Lo the r - -
<br /> Piopeaty Address or any athu address Borrower designates by notice w Lender.Ai►y natice to Lender shall be given by ` • --
<br /> , ,� first class��al to I�nder's address stated herein or any address Lender designates by natice to Borrower.Any notice �.� . .
<br /> . 1 provided for in tius Securiry Insuument sdall be deemed tn have been given to Bormwer or Lender when given as . :.' ,:::, r�
<br /> • � provided in this pazap,�aPb• ` �j �
<br /> � 14.Governin�Law;Sev�rabitity.This Security Insuvn►ent shall be goveaned by Federal law and the law of the ... �i;-
<br /> ' 'ction in whic6 the Property is located.In the eveat that aay provision or clause of this Security Instrument or the � , . . :..-, �._ • -
<br /> � i ''t,`.:�_r.--.�.:
<br /> Note conflicts with applicable law,such conflict shall not affect other piovisions of dus SecuritN Ins�ut°ent oz ihe Note .
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<br /> which can be given effect withaut the canflicring provision.To this end the plovisions of this Security Instrument and � :._�.i
<br /> : the Note are declared to be seveiable. . -.�-:�,
<br /> ' 15.Borrower's Copy.Borrower shall he gn+en one wnformed capy of the Nate and mf this 5�it5+Instrum�►�- -
<br /> 16. Etazardous Substa�ces. Borrowea shall not causs or pe:mit the presence.use,disposal,st°ra8�.or release of - � �
<br /> ".•�t•__..
<br /> �y H�rdous Subs�nces on or in t6e Propaty.Bo����Aot do,nor allow anyane else to do,anytt�8 affectin8 • ;��..�-=--
<br /> the Propaty that is in violation of any Envimnmental Law. T6e preceding two sent�sces shall not apply to the presence, , `.�`^�^'
<br /> - use, or storage on the Propecty of small 4uan6ties of H�ardons Substances that are geneialtY reroSni�.ed to be
<br /> appmpriate ta aormal resideatial nses and ro maintenance of the Property. <. :� _
<br /> Borrower shall prampdY Sn�e Lender writie�Qorice of any investigation,claim,demand,lau-s.ut or other action by �r :�- �'
<br /> auy gov�nmental or regulatnry agency or private party involving the Property and any Hazardous Snbstance or . ,� . ., . ,
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<br /> Environmental Law of wf�ich Botroaez has acwal irnuwledge. If Borrower leams>or is notified by anY Soveanmental or rd-. ` ;.:' �,
<br /> . reBalaiotY authority�thaY anY removal oz other remed�iation of any Hazardous Substances affecting the Propeary is ��'.� ^-��
<br /> n ,Bormwea shall promptly take all necessary remedial acdons m accordance with En�monmental Law. '
<br /> eces.saiY ' ' '�=
<br /> As used in this p�agraPh 16, "Hazardous Substances" are those substances defined as wxic or ha�rdous ; ;,:' .
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<br /> � � substauces by En�on��1��w and the following snbstances:gasotine,keroseae,other flammable or toxic pe3roleucn � ,�:�..J-_
<br /> products, touc pesdcides and herbicides, volatite solvents. materials oontaining asbestos or fo�nal��}�, �d . . -
<br /> radioactive materiaLR As used in this pacaBraPh 16, "Envuonmenfal Law" means federal laws and laws of the , ::�. . . � ,:
<br /> • or environmenral tection. -3'�. .-
<br /> � jurisdicaon whae the Proyeaty is tocated that re1ase w healYh,safetY P10 ' - ��'r. .: .
<br /> .��; ..
<br /> NON-UNIFORM COVHNANTS.Borrower and Lendea further covenant and agr�z as follows:
<br /> ' };�'
<br /> 17.Assignment o�Rentq.Bonowea uncondiuonally assi�ns and transfeis w Lender all the rents and revenues of - ,�'' <;�
<br /> the Yroperty-
<br /> Borrower audimi��es Lender or Lender's agenis w collect the rents aad revenues and hereby dire�ts each . :�..: , .`,. - "�=-—
<br /> � ' tenant of the ProgeatY to PaY the rents to La►der or Lender's agents.Nowever.priar to Lender's notice to Borrower of �;�;;.
<br /> . �.�.�
<br /> , Borrowea's bmach of any covenant or agree�nent in the Seauity 1nsu�ment,Borcower shall cnllect and receive all ren�s - •',.,... • ,
<br /> and revenues of the Propetcy as trustee for the benefit of Lendea and Borrowa.This assignment of rents constitutes an ___ :r'.,;;:.-•-
<br />- absolute assignment an3 nos an assignmea►t foz additio�l security on1Y• ._.._,���.�'"'�
<br /> If Lendea�ves nouce of breach to Borrower.(a)all rents received by BcROwea shall be held by Bonowea as . . -�=
<br /> ' ' trustee for benefit of Lender only,to be aPPlied w the sums secured by the Secauity Insuumen�N)Lender st�all be � ' �,: ,.. ,:
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<br /> en t i t l e d t o c oll e ct and receive all of the rents of the Propeccy:and(c)each teaant of the Property shall PaY all rents due - _ __ �_w�
<br />� � and unpaid w Lenda or Lender's agent on I.ender's aritten demand to the tenans. , ' , -�.
<br /> BoTrowa has not ea�ecuted any prior assiBnment of the rents and has no:z�d will not pe�foan any act that would '�,:-1 • __..._
<br /> 1 h 1T. :'-a��..�.,�
<br /> prevent Lender from exercising'ts aghis undea this paragrap . :=:L�;.;.
<br /> Lender shall not be required to entea upon,take control of or maintain the Propeaty before or aftec giving notice of .��Si.,��
<br /> � breach to Boaower.However,Lender or a judicially appointed receiver may do so at any time the�e is a breach. Aay �':��Y( ,�
<br /> . application of rents shall not cure or waive any default or invalidate any other right or �medy of Lende�. 'Ibis :,�_r...-. _:... .
<br /> wt sn the debt secured b the Security Instrument is paid in full. •��''�'•�'� �=,z . .
<br /> � assignment of rents of tl�e Property shall traminate Y =_� • , ,,,;
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