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��14�1199 <br /> �� <br /> �17} a�l awards, payments, settl�ments or other compensati�n resuftEng <br /> fr�m �i��gation inv�lving the Project. <br /> �x} "Note" means the N�te execut�d by Borrower described in th�s Secur�ty <br /> Instrument, in�fuding a�� s�hedules, riders, ailonges and addenda, as such Note may be <br /> amended fram time to time. <br /> �y} "Notice" is d�fined in Section 3�. <br /> �z} "�&N[ Pr��ram" is defined in Section 48�b}. <br /> �aa} "Persanaity" m�ans all equipm�nt, inventory, and g�n�rai intangibles. <br /> The definition �f"�ersonalty" includes furniture, furnishings, machinery, building <br /> mat�ria�s, appliances, go�ds, suppli�s, too(s, books, records �whether �n writt�n or <br /> el�ctronic form}, computer �quipment �hardv�are and saftware} and oth�r tangible or <br /> electranically stor�d pers�nal praperty �other than Fixtures} that are own�d, leased �r <br /> used by 8�rrow�r now ar �n the future in conn�ction w�th the ownership, management �r <br /> op�ration of the Land nr the improvements �r are located �n the Land or in the <br /> Improvements, and any operating agreements relating to the Land �r the <br /> Improvements, and any surv�ys, plans and spec�ficatians and c�ntracts far <br /> architectura�, �ngine�ring and c�nstruction ser�ices relat�ng to th� Land or the <br /> lmprov�m�nts, choses in acti�n and all ather intangible prop�rty and rEghts r��ating to <br /> th� op�rat��n of, or us�d in connection with, th� Land or the Impr��ements, including al� <br /> Gert�fications, appr�va�s and gov�rnmentai perm�ts r�lating to any acti�ities �n tne Land. <br /> ��nerally, intangibles shalf alsa inc�ud� all cash and �ash escrow funds, such as but <br /> not lim'rted to: ReserW� for Replacement ac�ounts, bank accnunts, Residual Receipts <br /> accounts, and investments. <br /> �bb} "Pr�nci�al" 1S C��fin�G� in 24 �.F.R. ���.2'�5, ar any su�cessor <br /> regulation. <br /> �c�} "Pr�j�ct" and "Pr�ject Assets" mean the M�rtgaged Property. <br /> �dd} "Program �biigatians" means t�} all app��cable statutes and any <br /> regu�ati�ns issued by the Secretary pursuant theret� that apply t� the Pr��ect, including <br /> all amendments to such statut�s and r�gu�ations, as they be��m� effecti�e, except that <br /> changes subje�t ta notice and comment rulemaking shal� b�come effective on�y upon <br /> compl�tian of the rul�making process, and �2} all curr�nt requir�m�nts in HUD <br /> handbooks and guid�s, notic�s, and martgagee l�tt�rs that apply to th� Pr�ject, and al� <br /> future u�dates, changes and amendments th�r�to, as they b�come effect��e, ex��pt <br /> that �hanges sub�e�t to notice and comment rul�making shall b�come effecti�e �nly <br /> Pre�ious editions are obsalet� HUD IUIF Security�nstrument HUD-94�QQM(Re�. n41�1} <br />