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2� 1 ��435 litigat�on at a111evels}, accountants, inspectars and consultants, �2� entry u��n the Mortgaged Property to make repairs or secure th� Mortgagec�Praperty, (3� pro�urement of th� insurance required by Secti�n 19, and (4�payment of amounts which Barrawer has fai�ed to pay under S�ction 16 or any other Sect�on of t�ixs Security Instrum�nt. �b} Any amau�ts advanced b� Lender for taxes, special ass�ssr�ents, wa�er rates, which are liens pr��r t� this Security Instrument, insuring the Project and mortgag� insurar�ce premiums, paid after an Event of Default, shall be added to, and b�come part of the Indebtedness, and sh�.l� be immediately due and payab�e and shall b�ar interest fram the date �f the advance unt��paid at the interest rate specified in the Nate, Sa 1�ng as th� Loan is insured ar held by HUD, Lender does not have any ob��gati�n t� make advances except as required under Program �bligations, and any advance by Lender other than as required by Pr�gram �bligat�ons requires prior HUD approva� before such advan�e can be added t� the Indebtedness. (c� N�thing in Se�tion 13 sha11 require Lend�r to incur any e�p�nse �r ta1�e any a�t�on to protect �ts security. 14. INSPECTI�N. Upon reasonable notice, Lender andlor HUD, andlor the agents, representat�ves, and desxgnees �f��th�r, may make ar cause t� be made entries upon and inspections of the Martgaged Property �including any environmental �nspections and tests} dur�ng normal business hours, nr at an� other reasonab�e tim�. 1S. B��I�S AND RE��RDS; FINAN�IAL REP�RTIN�. Borrower shal� comply with the book�, recards, and reporting requirements af the B�rrower's Regulatory Agreement. � 15. TAXES; �PERATING E�PENSES. �a} Subject ta th�provisions af Se�ti�n 1�(c} and Section 15�d�, Borrower sha1� pay, or�ause to be paid, all Taxes when due and l�efore the addition af any interest, fine, penalty or cost for n�npayment. �b} Subj ect ta the provis�ons of Section 1�(c�, Borrow�r shall �ay, or cause to be paid, the expenses of�perating, managing, ma�ntaining and repa�ring the M�rtgaged Property �inc�uding insurance premiums, utilities, repairs and repla�ements� befor�th� last dat� upon which each such payment may be made withaut any penalty ar interest charge being added. �c} As �ang as no Event af D�fault e�ists and Borrower has t�m�ly de�iver�d ta Lender any bills �r premium notice that it has received, Borrower shall nat be obligated ta pay Taxes, insurance prem�ums or any other�ndividual Impositian to the extent that sufficient Impositian I]eposits are held by L�nder far the purpose of paying that spec�fic Impas�tion. If an Event of Default exists, Lender may exercise any rights Lender may have with respect to Impnsition I]eposits without r�gard to whether Impositi�ns are then due and payable; provided that so �ong as the Loan is insured�y HUD, Lender's exercise of its rights shal� be subject to Program �b�igati�ns pertaining to �iaims for mortgage insurance ben�fits. Lender shall have no liability to Borrower far failing to pay any Imposit�ons to the extent that any E�ent of I]efault Previous versions obs�lete Page 21 form HUD-94�0�-�RCF �0�1��14}