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� 2� 1 ��835 ARTICLE 11 - N�TI�ES AI1 notices nr other written communications .hereunder shal� be de��vered in accordance w�th Sectxon 1�.� af the Laan Agreement. Individual Borrower, for itself and for � eaeh party hereta, hereby requests a copy of any notice of defau�t and a copy of any notice af sale hereunder be mai�ed to them at the appli�able addresses provided. � ARTI�LE 12 -APPLICABLE LAW Section 1Z.1 Governin��aw. This Security Ir�strument sha�� be governed in accnrdance with the terms and pro�is�or�s�f Section 1�.3 �f th�Laan Agreem�nt. � Section 12.� UsurY Law�. Notwithstanding anyth�ng to the contrary, �a� a�� . agreements and communiCat�ons between Borrower and Lender are hereby and sha�� automatica��y be ��m�ted sa that, after taking �nto account a�� amounts deemed �nterest, the �nterest contracted for, charged or recei�ed by Lender sha�� never ex�eed the Ma.�imum Lega� Rate or amount, �b� in calculating whether any interest on a��ount of the Loan exceeds the Maximum Lega� Rat�, a1� such �nterest shai� be amort�zed, prarated, a��ocated and spread o�er th� fu�� arnount and t�rm of all pr�ncipal �ndebtedness of Borrower t� Lender on accaunt of the Loan and �c� �f thr�ugh any contingen�y �r event, Lender re�eives or is deemed to rece�ve � interest �n excess af the Max�mum Lega� Rate, any such ex�ess sha�1 be deemed to have been app�ied to�vard payment of the outstand�ng principal of the L�an, or �f there �s no such �utstanding principal balanc�, shall immediately be returned to Barrower. SQct�an 12.3 Provisians Sub�ect to App�icable Law. All ri�hts, pawers and remedies prov�ded in this Secur�ty Instrument may be exerc�sed on�y to the extent that the exer��s� thereof does n�t vio�ate any appiicab�e pravis�ons of�aw and are intended to be �imited to the extent necessary so that they W1I� not render this Security Instrument invalid, unenf�rc�able or not entitled to be recorded; registered or filed under the pr��s��ns �f any � applicahle 1aw. ARTI�LE 13 - I3EFINITI�NS Unless the conte�t c�ear�y indicates a contrary intent or uniess �therw�se spec�ficall�prov�ded herein, words us�d in this Secur�ty Instrument may be used inter�hangeabiy �n singu�ar or p�ural f�rm and the word "Ind��idual Borravver" sha�� mean "Indivxdua� BarroWer and any subse�uent owner or ov�mers �f the Property �r an� part there�f," the word "Lender" sha�l mean "Lender and any subs�quent holder of the Note," the v�ord "Note" sha�l mean"the Note and any ather evidence of�ndebtedness secured by this Security Instrument,"the w�rd "Pr�perty" shal� inc�ud� any port�on of the Proper�y and any of Indiv�dual Borrower's �nterest there�n, and the phrases "attarneys' f�QS"3 "lega� fe�s" a,I1C� "counsel fee�" shall in�Iu.de any and a11 reasonab�e and documented attorneys', paralegal and �aw clerk fees ar�d d�sbursem�nts, including, but not �imited to, reasonable and dacumented fees a.nd d�sbursements at the pre-trial, tr�a� and appe�late levels incurred or pa�d by Lender �n pr�tecting its rnterest in the Proper�y,the Leases and the Rents and enfor�ing its rights hereunder. 2� [NEWY4RK 3�69827_4�