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��14��134 "Benefi�iary"of the Borrower's S�curity Instrument, and sha11 a��a be d�erned t�b�the "Mortg�.gee'�as define�l�y Program C�bligatian�. � "Loan Documents"has the meanin�set forth in the��rrovWer�s Se�ur�ty Ir�st�rument. "Master Lease" m�a.ns that ��rtain Master Leas�, in �vhich the H�althcare Facility is aggre�at�d with other HLJD-insured healthcare facilities and Ieased to the Master T�nant. "Masfer T�n�nt"mean�N Bickford Master Tenant LL�,a limited lia�i�i com an organi�ed and ea��stin�u.nder the laws af I�ansas,the master tenant pursuant t�the Master Lease. "Master Tenant's R�gulata�ry Agreement"means that cer�ain Healthcare R.��u�at�ry Agreement-�Master Tenant,relating to the Pr�j ect and entered into by Mas�er Tenax�t for the benefit of HUD. "M�rtgaged Property"has the mean.ing set for�h in�he Borrower's Security Instru.ment. � "Nvn-Profit��r�rvwer"means�a B�rrawer tha�is treated under the Firm Commztment as an en�i�y organized for purpvses other thar�.profit or gain far itse�f o�persans identified therewith, pursu.ant ta Section SD 1�c�(3)or other app�ica��e pr��isiQns�of the �nternal Revenue Code. Fc�r transact�ons ent�red inta pursuant to S�cti on 2�3�a}�7)o f�he National Hausing aA�t, a Borr�wer who ex�cuted vvith HUI]'s permissian a"far�pr�fit"r�gulatary agreement�n cvnnectian with the original lnan being r�financed�hrough this transa�tion shall nat be consider�d a"N�n-Profit Borrower"for purposes of this Agreement a.nd may designate itself as a"Profit-Moti�ated" entit}�on page 1,pr��ided,however,that any conditions in th�Firm��mmitment canflicting with the above statement shal� control. "Note"rneans the Note executed by Borr�wer, described in the Borrower's Secur��Instrument, includi�g all schedules,rider�, a�longes arrd addenda� as such Nate may be a,mended from t�rne to time. "Notice"is defined in Section 45. "aperat�r"m�ans�rand Is�.and Sickfard ��tta �C] co LLC,a limited l�abili cam an orgar��zed ar�d existir�g und�r the laws of I�an�as, ar aray su�sequent aperator appr�ved by HUD. "�perator L�ase"means a�ease by�Vlaster T`enant t� �p�rator providing for the operatic�n af the Healthcare Facili�y. `s�perator's Regulat�r�Agreement"means that certain Healthcare Regu�atory Agreement� �perator rela�ing tn�he Project and entered into by �perator for the benefit of HLJD. "Personalty"has tihe meaning set forth in the Borrower�s Se�ur�ty Instrument. "Principal"is defined in�4 C.F.R. ��.�15, and any successor r�gulatian,prc�vided that for purposes of�he Loan D�cuments, "Prin�ipal" shal�also include the managing member and any ather r�ember that has a twent�r-f ve p�rcent��5°��}or m�re interest�n a Iimited liability company. PreviQus versions�bsolete Page 4 0#�8 form HUD-9�4fifi-�RGF�Rev.�3113}