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2� 1 ��435 dwe��ir�g units for residents, each of which may contain a fu11 kitchen and bathroom, and tivhich includes common rooms and �ther fa�ilities appr�pr�ate for the�a�avision of supportiv� s�rv�ee to the residents of the faci�ity. "Board and Care Hom�" means any residential facility prov�ding r�om, baard, and cont�nuous prate�tive �versight that is regu�ated by a State pursua.�t to the provis��ns of Se�tion 1�16�e} af th� Socia� Security Act. "Borrower" means al� persons or entit�es �dentif ed as Borrawer�n the first paragraph of this Secur�ty Instrument, together with an� successars, heirs, and assigns (j�intly and severally}. Borrower sha�1 include any pers�n or entity taking t�t��to the Mortgaged Prop�rty Whether or n�t such person�r entity assumes th�Not�. Whenever the t�rm "Borrower" is used herein, the same shall �e deemed ta include the o�ligor of the debt secured by this Security Instrument, and so �ang as th�Note is insured or held by HUD, sha1� also be deemed t� be the martgagor as defined by Pragram �bligations. "Borrower-Uperator Agreement" means any agreement relating to the management and �peration�f the Healthcare Faci�ity by and between B�rrower and �perator, including any �perator Lease. "Borrower's Regu�at�ry Agreement"means that certain Hea�thcare Regulatory Agreement-- Borr�wer relating to the Proj ect, and made by BorroWer for the benefit af HUI]. "Bui�ding Loan A�reement"means th� HUD-approved farm of the agreement between Borr�wer and Lender setting forth the terms and canditions for a HUD-insured�onstruction��an. "Busine�s Day" means any day oth�r than a Saturday, a Sunday, a federal haliday or other day �n Which the fed�ral government by �aw or e��cutive �rder is closed, �r a day on which banking �nst�tutions �n the State are authorized or ob�igated by law or executi�e order to remain closed. "�ontract of Insurance" �s defined in 24 �.F.R. Part�3Z.8��a}. "�ovenant Event af Default" is def�ned �n S�ctian 2�. "E�ent of Defau�t"means a Monetary Event of Default or a�ovenant Event of Default,as ea+ch�s defined in S�ct�on 22 and a�ccordir�g t�the pmvision�f Se�cti.on�2. "Fixtures" means all pr�perty�r go�ds that become so related or attached to the Land or the Impr�vements that an interest arises in them under real praperty law, whether acquired noW ar in the future, exclud�ng all resident owned gaods and property, and inc�uding but not limited to: maj or movable equipment, machinery, equipment (�ncluding medical equ�pm�nt ar�d systems}, engines, boilers, incinerators, instal�ed building mater�als; systems and�quipment far the purpose of supp�y�ng or distributing heating, c�oling, electricity, gas, water, air, or light; antennas, �able, wirxng and c�nduits used in connect�on With radio, television, c�mputers and computer software, medicai systems, s�curity, fire prevention, or f�re detecti�n or otherWise used Previous�ersions obsolete Page 6 fo�m H U D-94QOD-aR�F ��612�'!4}