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201109065 16. Hazardous Substances. Bonower 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 not apply to the presence, use, or storage on the Property of small quanrities of Hazardous Substances that aze generally recognized to be appropriate to normal residential uses and to maintenance of the Property. Bonower shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other action by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Iaw of which Bonower has actual knowleflge. If Borrower learns, or is notifi� by any governmental or regulatory authority, that any removal or other remediation of any Hazardous Substances aff�ting the Property is n�essary, �rrower shall promptly take all n�essary remedial actions in accordance with Environmental L.aw. As used in this paragraph 16, "Hazardous Substances" aze those substances defined as toxic or ha��ardous substances by Environmental Law and the following substances: gasoline, kerosene, other flammable or tolcic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioacrive materials. As used in this pazagraph 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 uncondirionally assigns and transfers to Lender all the rents and revenues of the Property. Borrower authorizes Lender or L.ender's agents to collect the rents and revenues and hereby dir�ts each tenant of the Properly to pay the rents to Lender or Lender's agents. However, prior to Lender's notice to Bonower of Borrower's breach of any covenant or agreement in the Security Instrument, Bonower shall collect and receive all rents and revenues of the Property as trust� for the benefit of Lender and Bonower. This assignment of rents constitutes an absolute assignment and not an assignment for additional se�uriry only. If L�nder gives notice of breach to Borrower: (a) all rents receive� by Borrower shall be held by Bortower as trustee for benefit of Lender only, to be applied to the sums se�ured by the S�urity Insm�m�r,t; (b) Lender shall be entitled to colle.ct and receive all of the 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. Bortower 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 pazagraph 17. Lender shall not be required to enter upon, take control of or maintain the Property before or after giviag nogce of breach to Borrower. However, Lender or a judicially appointed rer�iver may do so at any time there is a breach. Any a}�plication of rents shall not cure or waive any default or invalidate any other �ight or r�y of Lender. T�is assignment of rents of the Property shall terminate �vhen the debt s�ured by the S�urity Instivment is paid in full. 18. Fweclosure 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, reasonable attorneys' fee.s and costs of title evidence. FHA Deed of Trust-NE 4/98 VMP � VMP4R(NE) (11091 Wolters Kluwer Financial Services Page 7 of 10 ri 5 .