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expenses of attorneys (including fees for litigation at all levels), accountants, inspectors <br />and consultants, (2) entry upon the Mortgaged Property to make repairs or secure the <br />Mortgaged Property, (3) procurement of the insurance required by Section 19, and (4) <br />payment of amounts which Borrower has failed to pay under Section 16 or any other <br />Section of this Security Instrument. <br />(b) Any amounts advanced by Lender for taxes, special assessments, water <br />rates, which are liens prior to the Security Instrument, insuring the Project and mortgage <br />insurance premiums, paid after an Event of Default, shall be added to, and become part <br />of the Indebtedness, and shall be immediately due and payable and shall bear interest <br />from the date of the advance until paid at the Interest Rate specified in the Note. So long <br />as the Loan is insured or held by HUD, Lender does not have any obligation to make <br />advances except as required under Program Obligations, and any advance by Lender <br />other than as required by Program Obligations requires prior HUD approval before such <br />advance can be added to the Indebtedness. <br />(c) Nothing in Section 13 shall require Lender to incur any expense or take any <br />action to protect its security. <br />14. INSPECTION. Upon reasonable notice, Lender, its agents, representatives, <br />and designees, may make or cause to be made entries upon and inspections of the <br />Mortgaged Property (including any environmental inspections and tests) during normal <br />business hours, or at any other reasonable time. <br />15. BOOKS AND RECORDS; FINANCIAL REPORTING. <br />Previous editions are obsolete <br />Contingent Repayment Mortgage <br />201302395 <br />(a) Borrower shall keep and maintain at all times at the Mortgaged Property or <br />the management agent's offices, and upon Lender's request shall make available at the <br />Mortgaged Property, complete and accurate books of account and records (including <br />copies of supporting bills and invoices) adequate to reflect correctly the operation of the <br />Mortgaged Property, and copies of all written contracts, Leases, and other instruments <br />which affect the Mortgaged Property. The books, records, contracts, Leases and other <br />instruments shall be subject to examination and inspection at any reasonable time by <br />Lender. <br />(b) If an Event of Default has occurred and is continuing, Borrower shall, at <br />Borrower's expense, deliver to Lender upon written demand all books and records relating <br />to the Mortgaged Property or its operation, which shall be maintained at the Mortgaged <br />Property. <br />(c) Borrower authorizes Lender to obtain a credit report on Borrower, at <br />Borrower's expense, at any time. <br />HUD MF Security Instrument HUD- 94000M (Rev. 04/11) <br />Page 22 FRENCH VILLAGE <br />