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��14��134 "Wa�t�"means a f�i�ure to keep th�Project in d�cent, safe and sanit.ary cond�tion and in gaod r�pair. "Waste"a1s�means the failure��meet cer�ain financial�bligations re�ax�ing the paymer�t of Taxes and the relinquishment of�he p�ssession of Rents. I�ur�ng any period in which HUI] insures the L�an�r h�lds a security interest�n the M�rtgaged Proper�y, �Vaste is c�mmitted when, withaut Lender's a.nd HL�D's express written consent,Borrower: (I} physically changes, or�ermits char�g�s to,the M�rtgaged Property, whether negligently ar in�er�tion�l�y, in a manner that reduces its valu�; �Z} fails to maintain the Martgaged Property in decent, saf�,and sar�itary cond�tion and in g�vd repair; (3� fails to�ay,or cause ta be pa�d,befa�re d�iinquency any Taxes�ha�because�f such fa�Iu.re, may subj e�t t�he Praj ect to a li�n having pric�rity��er the Borr�v�er's S��urity Instrument; (�} x�r�ater�ally fails to comply with covenants in the Note,the Barrower's S�curity Instrurnent,this Agreement, or any of the Loan Documen�s respecting physi�al care,maintenance, canst�uction,abandanment, dem�l�tion,or�nsurance a�ainst casualty of the Mo��a�ed Property; or �5� retains p�ss�ssion of Rents to which Lender�r its assigr�s ha�e the r�ght of posses�s�or�under the t�rms of the Loan Dacuments. II. ��NSTRUCTI�N; REpAIRS. Z. C�NSTR.UCTI�N FUNDS. Borrower sha.i� keep constrrx�tion funds of th� Pro�ect, if any, se�arate and apart frQm�perating funds c�f the Pr�j ect, i�cluding without limitat��n any fund�necessaxy tv�perate the Healthcare Facility. 3. UNpAID �BLI�ATYf�NS. Borrower�ertif es�hat upon final endorsement�f th��NQte by HUI], ��rrower shal��ave no unpaid obli�ations in conneetian with the purchase of th�Ma�tgaged Property, the construction vf the Mortgaged Pra�erty, or v�ith r�spe�t to the �3a�rrower's Se�urity Instrument except�ueh unpaid c�b�igations as ha�e the written approval�f� HUI�a�to terms, ft��-m and amour�t. 4. LENDEI�'S CERTIFICATE. Borrower shal�be�ound by the terms of either the Lerider's�ertificate, a copy of wh�eh has been pro�ided ta Borrower, a.r�.dlor the Request fnr Endorsement of Credit Instrument c� Certificate of Lender,�orrower& General Contractor, as applicable (a copy of which has been pra�ided to Borrower�, insofar a4s the appli�a�le dvcumen.t establishes ar refl�cts ob�igativns of Borrower, and Borrow�r agrees that the fees and expenses enumerated in the applicable dacu.ment have been fully paid a�r payment has been pro�ided fvr as set forth in the applicable document and that all funds d�posited vvith Lender shal�be used for the purposes s�C fa�h in the app�ica�Ie docum�nt ins�far as�orrower has ri�hts and�bligations �n respect thereto. 5. ��N�TRUCTI�N �(�MMEN�EMENTIREPAIRS. Borrower�hall not �ommenGe, and has not�orr�rn�nced, co�struc�ian or sub�tantia�rehabi�itat�an of th�Mor�gaged Previaus versions absalete Page 6 of�8 farm H U D-9Z4fi6-�RC F�Rev.❑3113}