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2� 1 ���43� <br /> "�aste"me�ns a fai�ure to keep the Praj ect in c�ece�t, safe and sanitary conc�it�an and in good <br /> re�air. "Waste" also means the fai�u�e to meet certain financial ob�igat�ons regarding the <br /> �ayment of Taxes and the relin�u�shment of the passession of Rents. Du�ing ar�y pe�iod in <br /> whic�i HUD insu�es the Loan�r holds a sec�rity interest on the Mortgagec�Property, Waste is <br /> �on�itted wher�, without Lender's and HUD's e�pr�ss written consent, BorraWer: <br /> (1� physical�y changes, �r permits�changes to, the M�r�gaged Property, wh�ther <br /> neg�igent�y�r intentiona��y, i�a mar�.ner that reduces xts value; <br /> �2� fai�s to mainta�n th� Mortgaged Praperty in decent, safe, and sanitar� condition <br /> and in go�d repair; <br /> �3} fails to pay, or cause ta be pa�d, before de�inquency any Taxes that because af <br /> such failure, rnay subje�t the Project ta a lien having priority over the B�rrower's <br /> Security Instrument; <br /> t4} material�y fails ta comply with c�venants in the Note, the Borrower's S�cur�ty <br /> Instrument, th�s Agreement, or any of the Loan Docurn.ents respecting physxcal <br /> care, maintenanc�, construction, aba.nd�nment, demolition, or insurance against <br /> casualty of the M�rtgaged Property; or <br /> �5� retains possession of Rents to vvh�ch Lender or its ass�gns have the right of <br /> possession under the terms �f the Loan Documents. <br /> rT, r�nNcTr�T�r-srrrn�r. ��p�=� <br /> � <br /> Z � <br /> . . <br /> . . . . . . . <br /> � � � <br /> . . . . . <br /> 3. . <br /> . <br /> . . . . . <br /> � <br /> . <br /> , ' . . ' . <br /> 1T��ZTi.�RTt o rrvz c� �r�rm r� �rY rr�rt 1�r�+� <br /> 7 <br /> 4 ' � <br /> . . <br /> , . . <br /> . <br /> > > <br /> . . , • • ' <br /> . . <br /> � <br /> . ' . <br /> , . . <br /> . . <br /> Previous versions o�soiet� Pag��of 3fi f�rm HUD-924G�-�RCF �D�12�14} <br />