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<br /> shall be ivea b deliveriug it or
<br /> 13.Notio�s.Any notice to Borrower pmvided for in this Security Insuument $ Y --.- _ �-.. . _- �.
<br /> � by mailing it by first class mail unless applicable law requims use of another method.Ths aodce shall be directed to ' . , , , . -
<br /> the Property Address or any oahec address Borrower designates by notice w l.ender. Any nodce to Lender shall be .
<br /> � given by fust class ma1 to L.eader's address stated herein or any address 1-ender designates by notice to Borrower. ; ..
<br /> Any notice pmvided for in this Sewriry u,�,ment shall be deemed to have bcea given to Borrower or Leuder when } ,�_
<br /> � given as provided in this paragraph. ;, `, .. . •�-_
<br /> .; . `� '�-•
<br /> '' 14. Governing Law;Severability.'fhis Security Insuument sliall be govemed by Federal law and the law of �, . . :,_,�.. ,•;. _
<br /> ' the jurisdicdon in which We Property is located. In the event that aay provision or clause of this Securiry Insmimeut , •
<br /> or the Aiote conflicts with applicable law,such conflict shall not affect other provisio�f this Setvrity Instiument ur � % _..��_
<br />. . , the Ptote which can be given effect without the conflicang provision. To this end �.�visions of dus Security , .,,a--t-��
<br /> Insuument and the Note are decla�ed w be severable. of �: :�ote and of this Securiry ' .. ~-`�`
<br /> 15. Bor¢owcr's Copy. Borrower shaU be given one conformed copy � '. '. ?�.;,; ,�:
<br /> . <�.>�_
<br /> Instrument. sal,storage,or release � • � � - •
<br />' 16. Haardn�s Snbstaacc9. Bo�rower shall not cause or permit the presence,use,dispo . �, . ���'
<br /> ' of a�+Hazardous Snbstances on or ia the Property. Bo�cawer shall not do,nor allow aayone else to do, anything •.`1 _� �---
<br /> affecting the Property that is in violarion of any Environt�enral Law. The pnceding two sentences shall not apP�Y�o •- =-�--�-'_--�
<br /> ��.�',
<br /> . the presence. use, or storage on the Property of sm�l quanuties of Ha7ardous Substances that are SenerallY �.�
<br /> e
<br /> � • recognized to be appmpriate w normal residendal uses and to maintenaace af We Property. �' :_.
<br /> B onower s h a ll p m m p t l y g i v e L e n d e r w ri t t e n n otice of an y invesri gation,claim,demand,lawsuit or other acdoa ry -
<br /> , . by any govema�eutal or regulatory agency or private party involving the Property and any Hazardous Substaace or . , . � : '`• r..�
<br /> y ovemmental , :'`,.•`�� ��'`
<br /> ' Environmeental Iaw of wluch Borrower has actual icnuwledge. If Borrower leazns,or is notified b any g � - -� ; ; .
<br /> , n
<br /> or iegulatory authority,that any removal or other nmedi�tion of any HaTardous Substances affecting the ProPertY ts ' '.• z. ;.. -
<br /> - necessarY,Borcower shall pmmpdy taks all n�Y r�astions in accordance with Eavironmental I.aw. C...___.._ �,- � ,. ---
<br /> T.',
<br /> . .� As use� in this paragraph 16, 'Hazardous Substancea' are those substances defiaed as touc or hazardous • '�•. :-{_.
<br /> substa�ces by Env�onmenial Iaa+ and tlie following substances: gaso line, k erosene, o t her S�m a b l e o r t o x I c ��:
<br /> f.--:
<br /> � p e uoleum products,touc pesticides and herbicides,ve!�le solvents,materials containing asbes:os or foimaldehyde, . � � j' -
<br /> ' and radioacdve materials. As used in this paragrap� �G, 'Envlmnmen t a l I aw" means f e d e r a l l a w s a n d l a r r s e f t h e :.j' _
<br /> jurisdiction whete the Property is located that relate to health,safety or environmental pmtecaon. i;�, ^V_ '' �
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<br /> IVON-UIJ�ORM COVF.NANT'S•Borrower and Lender fuither covenant and agree as follows: • `:�. �,�yy,���
<br /> � n^,�• C��s�+--..
<br /> � 17.A s s l g n ment of Rents.Borrower unconditionally assigns and transfers to Lender all the rznts an+d revenues s�'.
<br /> ',; of the Roperty.Borrower authorizes Lender or Lender's agents to collett the rents and revemies and hereby d i r e c t s :, �-
<br /> each tenaut of the Properry to pay the rents to Lender or Lender's agents. However, prior to Lender's notise to -,�.��;:�„t.�•__�_
<br /> .w,rr;� t _-L-
<br /> � Borrower of Borrower's breacb of any covenant or agreement in the Securiry Insnuu�nt,BonaY-�:shall�°llax and _��
<br /> ':..� receive all rents aad revemies of the Property as tr�stee for the benefit of Lender and Boaoweff.'�is assignment of :�'�.� ,-`,����.
<br /> . � � '
<br /> aenss consamtes aa absolute assignmeat and not an assignment for addiflonal saurity only. '��v�_
<br /> ,. � If Lender gives aotice of breach w Bosower. (a)all rents received by Borrower shall be held by Boao�r as _ ;��,�.�,�-
<br /> .�;. uustee for benefit of Lender only,to be applied to the sums seaucd by the�ecuretY Insuument;�)I.ender shall be :�:-
<br /> entided w collect and receive all of the rents of the Propeny;and(c)each unant of the Prope:ty sha11 pay all rents
<br /> } due and uflpaid to Lendei or I.ender's agent on Lender's written demaad to the tenant. ' . �.u: _
<br /> • + rlor assi nt of the rents and has not and wii!not perform any act that would `s� '��--�
<br /> � Bormwer has aot executed any p 8� � �
<br /> prevent L.ender from exercisiag its aghts under this paragaph 17. -� T'�r����-.�+re�=..
<br /> .� before or after vin nodce � .
<br /> L.ender shall not be required to enter upon,talce conirol of or maintain the Properly B� � ,,;. ,� �:�: �._
<br /> � of breach to Bomower.H�wever, Ixnder or a judiciaily appointed receiver may do so at aay tlme tliere is a breach. : ti ; �
<br /> A ny appllcatioa of rents shall aot cure or waive any de fa u lt or inv a l i d a te any o t h e r r i g h t o r r e m s d y of I.ender.This ,.. . . �:�^: .y
<br /> ,.�,��r.._. .
<br /> • assignment of rents of the Properry shall terminate when the debt secural by the Security Insuument is paid in full. , - .. , ..�'��..__-
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