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��14��133 statements and ather information which the Borrower is obligated to provide ta HUD pursuant t� the Borrovver's R�guiatary Agreement ar otherwise pursuant to the Loan Dacuments ar Program �b�igations, nat later than the�arli�r of�i}the date such reports, financial statements or other information are required to be deli�ered to HUD or�ii}ten �1 U} days after the Lender or HUD mak� a request f�r a report, fnancial statement�r other information. LJpan an Event of Default under the Borrower's Regulatory Agreement and upon the request vf HLJD, L�nder, at its option, may declare an Event of Default of this Se�urity Instrum�nt. (b} Borr�wer shal� reyu�re �perator to comply with the t�rms of the�perator's Regulat�ry Agreement and shall set for�h such r�quirements, or cause su�h requirements to be set f�rth, it� any Borrawer-�perator Agreement. Borrower shall reyuire Master Tenant ta comply with the terms of the Master Tenant's Regulat�ry Agre�ment and shal� set farth such requir�ments �n any Master Lease. 1D. APPLI�ATI�N �F PAYMENTS, If at any time Lender rec�i�es, from Borrower or otherwise, any amount applicable ta th� �ndebtedn�ss which is less than all amounts due and payable at such time, Lender must apply that paymer�t to amounts then due and payahle in the manner and in th� order set forth in Section 7�a)(3}. Ne�ther Lender's acceptance af an amount that is �ess than ali amounts then du�and payable nor Lender's application of such payment in the manner authorized shall canstitute ar be deemed to const�tute either a wai�er of the unpaid amounts or an accord and satisfaction. Natwithstanding the application of any such amount to the Indebtedness, B�rrower's ol�ligations under this Security Instrum�nt and the N�te shall remain unchanged. 11. �(�MPLIANCE WITH LAWS. Borrawer sha�l comply with a�l applrcable: laws; ordinances; regulations; requir�ments of any Go�ernmental Authority; lawfut co�enants and agreements record�d against the Mortgaged Proper�y; so long as the Loan is insured�r held by HUI],the Borr�wer's Regu�atory Agreement, and Program �bligations inc�udin� lead-based paint maintenance requirements of 24 �.F.R. Part 35, subpart G, and any su�cessor regulat�ons; inc�uding but nat limited to those of the foregoing pertaining to: health and safety; construction of Impro�ements an th� Mortgaged Praper�y; fair housing; �i��l rights; zon�ng and land use; Leases; and maintenanc�and disposition af security depos�tsy and,with respect to al� of the f�regoing, al1 subsequent amendments,revisior�s, pramulgations or enactments. Borrower shall at al� times mainta�n records sufficier�t to demonstrate�ompliance with the pro�isi�ns of this Section 11. Borrower sha11 take apprapriate measures ta pre�ent, and sha�l not engage �n ar knawingly permit, any il�egal acti�ities at the Mortgaged Praperty, including th�se that c�uld endanger residents or�isit�rs, result in damage to the M�r�gaged Property, result in forfeiture of th�Martgaged Pr�perty, or otherwise impair the 1 ien created by this Security Instrument or Lender's int�rest in the Mortgaged Proper�y. Borrower represents and warrants to Lender that no portion of the Mortgaged Property has been ar will be purchased with the praceeds of any illegal acti�ity. 12. USE �F PR�PERTY. Unless permitted by applicable law and appra�ed by Lender, Borrow�r shal�not�a�allow changes in the use for which all or any part of the Mortgaged Property is being used at the tirne this Security Instrument was executed, �b} con�ert any�ndi�idua� dwelling un�ts or common areas to commerciai use, �c} initiate or acyuiesce in a change in the zoning classifcat�or�of the Mortgaged Property that results in any change in Pre�ious versions obsolete Page '19 of 4� form HUD-94��0-ORCF�Re�.�3113}