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��14��134 <br /> �b} Borrow�r shail require �perator t� cornply with the terr�s of the <br /> �perat�r's Regu�atory Agreement ar�d sha�l set for�h�uch requiremen�s�, ar�ause such <br /> requirements to be set forth, in any Borrower-�perat�r Agreement. B�rrawer shall require <br /> Master Ter�a.n�to comp�y with the terms af the Master Tenant's Re�ulatory Agreement and sha11 <br /> set far��such requirem�nts in a.ra.y Master Lea.s�. <br /> (c} In the event that, consis#ent with�he�perator's Regula�ory Agre�ment or <br /> Master Te�ant's�egulatory Agre�ment, �-IUD d�rects Borrower to terminate any Borrower- <br /> �]perator Agreement or Master Lease and procure a new�perator acceptable��HUD, Borrower <br /> shall ��p�ditious�y do sa� c�nsistent with the��ntinued�perat�on of the Healthcare Faci�ity far <br /> the A�pr�ved Use, and ir�cooperatian With a.tZd subj�ct��the requirements af the nece��ary <br /> re�ulatory andlor funding entities. I]oing so sha�l in no way obviate the Borrower's�b�igation to <br /> comply with a�l other t�rms of this Agreement or affect any enforcement action by HUD. <br /> �d} �n the event that Barr�wer is itself the�iG�nsed operat�r of the Hea�thcare <br /> Facility and HUD determir�es that�i}any of the P�rmits and Approva�s have�been or are at <br /> substantial and imminent risk�f being termi�ated, su.�pended or otherwise restr��t�d in such a <br /> way that th�Project co�uld not�e aperated fnr the Approved Use, as�v�denc�d b�,without <br /> limitation, �etters of warning ar�mpositian of pena�ties�ram appli��.ble state andlor federai <br /> regulatary andlor f und�r��agenci�s, or�ii}the financia�v�ability of the Healthcaxe Faci�ity is at <br /> substantia� and imminent risk,then,pursuant�a�Program�b��gations and with�ut prejudice�o <br /> any enfarcement a�tion�otherwise set forth in this Agreernent, HUI]may dire�t Borrovver to <br /> retain the ser��c�s of ar�operator acceptable ta HLJI]. Upon such dir�ction from HIJI�, Borro�ver <br /> sha11 exped�tious�y do so. <br /> �e} Without prior appro�al�f HUD, �e�ther the []p�rator L,ease n�r th�Ma���r <br /> Lease shal�, ar shall be amended t�, cnntair�any pro��siQns that�ause such lease tn be <br /> characteri�ed a.��ther than an"operating lease"pursuax�t to�enerally Accept�d Ac�ount�ng <br /> Principles and FASB Standard 13 �or its successor}, includir�g vv�thaut limitation pro�isians that <br /> con�ey an awnership ir�teres�in the Pr�ject�o Qperator�r Master�enant,as appli�able,�r grant <br /> �perator�r Master Tenant, as applicable a bargain purehase optiQn dur�ng or after th��ease <br /> term. <br /> 27. PERS�NAL PR�PERTY; SE�'LJRITY INTERESTS. �orr�wer shall suitably <br /> eyuip, ar cause to be ec�uipped,�he Pr�ject for the Approv�d Use. �x�ept as otherv�ise appra�v�d <br /> in writing by�-IUI�, Borrower�hall grant tv L�nder and HUI]a first lien s�curity interest in all <br /> personal pra�perty of Borrower related to the Pro�e�t as additional se�urity f�r the obligati�ns of <br /> Borrower under the Note,the B�rrawer's Security Instrument and this Agreem�nt. Such security <br /> interest shail be e�iden�ed by su�h security agreements as Lend�r an.d�or Hr.JL�rnay require and, <br /> in�on.nection therewith, Borrower sha�I e�ecute or cau�e to be executed ar�.d deli�ered such <br /> depasit accaunt Con.trol agreements as may be required�y I.aender andlar HUI]. Bvrrawer <br /> hereby au�harizes each�f Lender and HUI�ta file su�h i��� financing sta�ements, arnendrr�ents, <br /> and cantinuation statem.en�s as�i�her�f them rnay deem.to be riecessa�or apprapriate in <br /> coru�ectian with th�foregoing security�nt�rests. Barrawer shall not be perm�tted to grant any <br /> other l��ns�n ar�y of the Mortgag�d Proper�y v�ithout the prior written appro�a� of Lender and <br /> HUD. <br /> Previous v�rsions obsalete Page 19 of Z8 form HUD-9�466wC7RCF�Re�.�3113} <br />