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200003646 <br />31. NOTICE. <br />(a) All notices, demands and other communications ( "notice ") under or concerning this <br />Instrument shall be in writing. Each notice shall be addressed to the intended recipient at its address set <br />forth in page one of this Instrument, and shall be deemed given on the earliest to occur of (1) the date <br />when the notice is received by the addressee; (2) the first Business Day after the notice is delivered to a <br />recognized overnight courier service, with arrangements made for payment of charges for next Business <br />Day delivery; or (3) the third Business Day after the notice is deposited in the United States mail with <br />postage prepaid, certified mail, return receipt requested. As used in this Section 31, the term "Business <br />Day" means any day other than a Saturday, a Sunday or any other day on which Lender is not open for <br />business. <br />(b) Any party to this Instrument may change the address to which notices intended for it are <br />to be directed by means of notice given to the other party in accordance with this Section 31. Each party <br />agrees that it will not refuse or reject delivery of any notice given in accordance with this Section 31, that <br />it will acknowledge, in writing, the receipt of any notice upon request by the other party and that any <br />notice rejected or refused by it shall be deemed for purposes of this Section 31 to have been received by <br />the rejecting party on the date so refused or rejected, as conclusively established by the records of the <br />U.S. Postal Service or the courier service. <br />(c) Any notice under the Note and any other Loan Document which does not specify how <br />notices are to be given shall be given in accordance with this Section 31. <br />32. SALE OF NOTE; CHANGE IN SERVICER. The Note or a partial interest in the Note <br />(together with this Instrument and the other Loan Documents) may be sold one or more times without <br />prior notice to Borrower. A sale may result in a change of the Loan Servicer. There also may be one or <br />more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan <br />Servicer, Borrower will be given notice of the change. <br />33. [Intentionally Omitted.] <br />34. SUCCESSORS AND ASSIGNS BOUND. This Instrument shall bind, and the rights <br />granted by this Instrument shall inure to, the respective successors and assigns of Lender and Borrower. <br />However, a Transfer not permitted by Section 21 shall be an Event of Default. <br />35. JOINT AND SEVERAL LIABILITY. If more than one person or entity signs this <br />Instrument as Borrower, the obligations of such persons and entities under this Instrument, the Note and <br />other Loan Documents shall be joint and several. <br />36. RELATIONSHIP OF PARTIES; NO THIRD PARTY BENEFICIARY. <br />(a) The relationship between Lender and Borrower shall be solely that of creditor and debtor, <br />respectively, and nothing contained in this Instrument shall create any other relationship between Lender <br />and Borrower. <br />(b) No creditor of any party to this Instrument and no other person shall be a third party <br />beneficiary of this Instrument or any other Loan Document. Without limiting the generality of the <br />preceding sentence, (1) any arrangement (a "Servicing Arrangement ") between the Lender and any <br />Loan Servicer for loss sharing or interim advancement of funds shall constitute a contractual obligation of <br />such Loan Servicer that is independent of the obligation of Borrower for the payment of the Indebtedness, <br />(2) Borrower shall not be a third party beneficiary of any Servicing Arrangement, and (3) no payment by <br />the Loan Servicer under any Servicing Arrangement will reduce the amount of the Indebtedness. <br />37. SEVERABILITY; ENTIRE AGREEMENT; AMENDMENTS. The parties intend that the <br />provisions of this Instrument and all other Loan Documents shall be legally severable. If any term or <br />provision of this Instrument, or any other Loan Document, to any extent, be determined by a court of <br />RoboDocs.com PAGE 19 <br />Sec I ns. N E. S i nef r02. RDST D <br />