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201400400
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8/19/2014 2:25:24 PM
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1/23/2014 3:16:30 PM
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DEEDS
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201400400
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201400400 <br />Lender of any of its rights or remedies hereunder including, but not limited to, the <br />acquisition of the Mortgaged Property by foreclosure or a conveyance in lieu of foreclosure. <br />36. Notices. Any notice, demand, statement, request or consent made hereunder shall be <br />effective and valid only if in writing, referring to this Security Instrument, signed by the <br />party giving such notice, and delivered either personally to such other party, or sent by <br />nationally recognized overnight courier delivery service or by certified mail of the United <br />States Postal Service, postage prepaid, return receipt requested, addressed to the other <br />party's Notice Address indicated on Schedule A attached hereto and made a part hereof (or <br />to such other address or person as either party or person entitled to notice may by notice to <br />the other party specify). <br />Unless otherwise specified, notices shall be deemed given as follows: (i) if delivered <br />personally, when delivered; (ii) if delivered by nationally recognized overnight courier <br />delivery service, on the Business Day following the Business Day such material is sent, or <br />(iii) if sent by certified mail, three (3) Business Days after such notice has been sent by <br />Borrower or Lender. <br />37. Authority; Compliance with ERISA and State Statutes on Governmental Plans. <br />(a) Borrower (and the undersigned representative of Borrower, if any) has full power, <br />authority and right to execute, deliver and perform its obligations pursuant to this <br />Security Instrument, and to mortgage, give, grant, bargain, sell, alien, enfeoff, convey, <br />confirm, pledge, hypothecate and assign the Mortgaged Property pursuant to the terms <br />hereof and to keep and observe all of the terms of this Security Instrument on <br />Borrower's part to be performed. <br />(b) Borrower represents and warrants that Borrower is not a "foreign person" within the <br />meaning of §1445(f)(3) of the Internal Revenue Code of 1986, as amended (the <br />"Code ") and the related Treasury Department regulations, including temporary <br />regulations. <br />(c) Borrower represents and warrants that, as of the date of this Security Instrument and <br />throughout the term of this Security Instrument, (i) Borrower is not, and is not acting <br />on behalf of, an "employee benefit plan" that is subject to Title I of the Employee <br />Retirement Income Security Act of 1974, as amended ( "ERISA "), or a plan to which <br />Section 4975 of the Code applies, and (ii) the assets of such Borrower do not constitute <br />or include "plan assets" of one or more such plans within the meaning of 29 C.F.R. <br />§2510.3 -101 and Section 3(42) of ERISA (items (i) and (ii), collectively, "Plans "). <br />(d) Borrower represents and warrants to Lender that, as of the date of this Security <br />Instrument and throughout the term of this Security Instrument (i) Borrower is not a <br />"governmental plan" within the meaning of §3(32) of ERISA, and (ii) transactions by <br />or with Borrower are not subject to state statutes regulating investments of or fiduciary <br />obligations with respect to governmental plans. <br />
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