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2� 1 ��835 A►RT�CL� 14 - MISCELLANE�US PR�VISI�NS Sectivn 14.1 Na �rai �han�e. Th�s Security Instrument, and any prov�s�ons here�f, may nat be mod�f ed, amended, waived, e�tended, changed, discharged or terminated ora��y or by any act�r fa��ure to aet on the part of Indi�idual Borr�vver or Lend�r, hut�n�y by an agreement entered into pursuant to S��tion 1 D.4 of the L��r�Agreement. Section 14.� Succe,ssors and Ass��ns. Th�s Security Instrument shal� be �ind�ng upon an�. inure to the benefit of Individua� Borr��wer and Lender an� their respective . successars and perm�tte ass�gns. Section 14.3 Inap��icable Provisions. If an� term, covenant ar conditian of this S�cur�ty Instrument �s he�d to be in�alid, illega� or unenforceable in any respe�t, th�s Secur�ty Instrument sha�l be c�nstrued w�thout such pr��ision. Sectian 14.4 HeadYn s etc. The head�ngs and �aptinns �f various Sections of this Security Instrument are for conven�ence of reference only and are nat to b� construed as defining or�imiting, in any way, the scope ar int�nt of the provisians hereof. .. S�ction 14.5 Number and �ender. �Vhenever the context may require, any pranouns used her�in sha�� include the c�rresponding mascu��ne, fem�nine ar neuter farms, and the singular f�rm of n�uns and pr�n�uns shali include the plural and vice versa. Section 14.� Intent�onall �mitted. Section 14.7 Entire A�reement. The Note, th� Loan Agreement, th�s Se�urity Instrument and the other L�an Documents const�tute the entire understand�ng and agreement between Borrower and Lender w�th respect to the transact�ons ar�sing in �onnectior� with the �ebt and supersede a11 �rior written or oral understandings and agreements between Borr�wer and Lender w�th resp�ct thereto. Ind�vxdua� Borrower hereby acknawledges that, except as incorporated in wr�t�ng �n the Note, the Laa.n Agreement, th�s S��urity Instrument anci the other Loa.r� Documents, there are not, and v�rere not, arid no Persons are ar wer� autharized by Lender to make, any representations, understandings, stipulatxons, agreem.ents or promis��, ara� or written, with respe�t t�the transaction wh�ch is the subj ect�f the Note, the i�oan Agreement, th�s Security Instrument and the ather Loan Da�uments. Section 14.5 Lim�tation on Lentler's Res onsibili . This Securit�Instrument sha�l not be construed to b�nd Lender to the perf�rmance af any af the �ovenants, cond�t�ons or provisions contained �r� any Lease or Lease Guaranty or otherwise impose an� obligat��n upon Lender with respect t� the ownersh�p or �perat�an of the Pr�perty prior to the entry upon and taking �f actua�physica� possession nf the Property b� a re�eiver, Lender or anyone claiming by, thr�ugh or ur�der Lender. Lender shall not be liable for any l�ss susta�ned by Individual Borrower resu�t�ng from Lender's fax�ure t� let the Property after an Event �f I3efault or fr�m ax�y other act or omissi�n of Lender in managing the Property after an Event �f Default unless such loss �s caused by the grass n�gligence or wilifu� m�s�onduct of Lender. Lender sha11 not be ob��gated to perform or discharge any ablxgation, duty nr liabi��ty u.r�der th� Leases or an� Lease Guaranties or v�ith respect to the ownersh�p or operati�n of the Property, under or by reason �f th�s Security Instrum�nt pr�or t� the entry upon and taking of actua� phys�cal passess�on of the � 21 [NEWY�RK 3 I�9827 4�