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201302390 <br />Mortgaged Property, except as required by HUD under Section 19(c) and except that <br />Borrower may, without the prior written approval of HUD, dispose of obsolete or <br />deteriorated Fixtures or Personalty if the same are replaced with like items of the same <br />or greater quality or value and make minor alterations that do not impair the security. <br />h. Permit the use of the Mortgaged Property for any other purpose except the use for <br />which it was originally intended, or permit commercial use greater than that originally <br />approved by HUD. <br />i. Amend the organizational documents of Borrower in a way that materially modifies <br />the terms of the organization, including, but not limited to: any amendment that <br />activates the requirement that a HUD previous participation certification be obtained <br />from any additional partner or member; any amendment that would authorize any <br />officer, partner or member other than the officer(s), general partner(s) or the managing <br />member(s) of the corporation, partnership or company or pre- approved successor <br />officer(s), general partner(s) or managing member(s) to bind the corporation, <br />partnership or company for any matters concerning the Project which requires HUD's <br />consent or approval; a change in the officer(s), general partner(s) or managing <br />member(s) or pre - approved successor officer(s), general partner(s) or managing <br />member(s) of the corporation, partnership or company and any proposed changes to <br />the HUD - required provisions included in the organizational documents. Copies of all <br />fully executed amendments to the organizational documents must be provided to HUD <br />within ten (10) days of the effective date of the amendment. If the amendments to the <br />organizational documents are recorded or filed, copies of the recorded or filed <br />documents must be provided to HUD within ten (10) days of receipt by Borrower. <br />j. Reimburse any party from Mortgaged Property for payment of expenses or costs of <br />the Project or for any purpose except for Reasonable Operating Expenses and in a <br />manner consistent with Section 15. <br />k. Receive any fee or payment of any kind from any managing agent, employee of the <br />Project or of the managing agent, or other provider of Goods or Services of the Project, <br />except for warranty claims from providers of Goods and Services. <br />I. Initiate or acquiesce in a change in the zoning classification of the Mortgaged Property <br />that results in any change in permitted use that was in effect at the time of initial /final <br />endorsement. <br />m. Establish any condominium or cooperative regime with respect to the Mortgaged <br />Property. <br />22 <br />Previous editions are obsolete; Regulatory Agreement HUD- 92466M (Rev. 04/11) <br />Replaces form HUD -92466 (11/02) <br />