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��14��133 �b} Borrovver sha11 not repay any HUD�-appr�ved subordinate Lien from proceeds of the Loan other than from Surplus Cash or Residual Receipts �as both t�rms are defined in the Borrawer's R�gulatory Agreement}, ex�ept in th� case�f a subord�nate Lien created in connect��n with an operating loss laar� insured pursuant to Sect�an Z23(d}of the National Housing A�t or a supplement loan insured pursuant to Sect�on 241 �f the National Housing Act. 1S. PRESERVATI�N,MANAGEMENT AND MAINTENANCE �F THE M�RT�AGED PR�PERTY. Borrower(a} shal� not c�mmit Waste, (b} shall not abandon the Mortgaged Property, �c� shall rest�re or repair promptly, in a good and workmanl ike manner, any damaged par�of the Mor�gaged Property to th� �quivalent of its ori�ginal condition, �r such other condition as Lender may appro�e in writing, whether or not 1 itigatian or insurance proceeds or condemnation awards are available tn co�er any costs of such restoratian or repair, �d} shall keep the Mortgaged Property ir�decent, safe, and sanitary candition and good repair, including the r�placement of Persanalty and Fixtures with items of�yuai or hetter functian and quality, all in accordance with Program �bl�gations, (e) shall pro�ide for qual�fied manag�ment - �f the Mortgaged Property by a licensed ar otherwise qua�i�ied ent�ty consistent with Program �bligations andlor any governmental r�quirements pertaining to operat�on and licensure, ��} shall give Notice to Lender of and, unless otherwise directed in writing by Lender, shall appear in and def�nd, any actinn or praceeding that could impair the Mortgaged Property, Lender's security ar Lend�r's rights under this Security Instrument, (g� shall not(and sha�I not permit any C�perator, res�dent or other person to} remoye, demolish or alter the Mortgaged Property or any part of the Mortgaged Praperty except that Borrow�r may dispose of obsalete or deteri�rated Fixtures or Personalty if the same are replaced with like items�f the sam��r greater yual i�y ar�alue, �r make m�nar alterations which do not impair the Mortgaged Prop�rty, and �h} so long as the Loan is insured or held by HUD, sha1l not�xpend any Project funds except for Reasonable �perating Expenses and necessary repairs and except as permitted by Program �bligations and the Borrower's Regulatory Agreement, withaut the prior written appr��al of HUD. Barrower shall cause any operator, master tenant, management agent, as appl�cable,to comply with the foregoing pro�isi�ns �a}through (h}. S� long as the Loan is insured or held by HUD, al� expenses incurred by Borrower in cann�ction with the Mortga�ed Property shall be incurred in comp�iance with Program �bligatians. , 19. PR�PERTY AND LIABILITY INSURAN�E. �a} Borrower shall keep the Mortgaged Property insured at all times ta the fuil extent of Program �bligations, as they may he amerided from time to time. Further, Barrow�r shal� keep the Mortgaged Proper�y insured at atl times against such hazards as Lend�r may fram time to time require, which insuranc� shall inc�ude but n�t be �imited to co�erage against loss l�y fire and allied peri�s, general bailer and machinery caverage, builders a11-risk and husiness inc�me coverage. Lender's insurance requirements may change from time to time throughout the term af the Indebtedness. If Lend�r so requires, such insurance shall alsn in�lude sinkhole insurance, mine subsidence insuran�e, earthquake insurance, and, if the Mortgaged Property da�s not conf�rm to applicable zon�ng or land use laws, build�ng ordinance or lavv co�erage. If any af the Improvements are located in an area identifi�d by the Federal Emergen�y Management Agency �ar any successar to that agency} as an area having special flood hazards, Borrow�r sha11 maintain flood insurance covering the applicahle Impra�ements in an amaunt at least�qual to its developm�nt or project c�st(less estimated land cost} or to the maximum limit af coverage made Previous�ersions obsolete Page 22 of 4D fiorm HUfl-94��-�RCF�Re�.fl3113}