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200008622 <br />if Borrower is a limited liability company, all managers who are not <br />members; <br />(5) upon Lender's request, a monthly property management report for <br />the Mortgaged Property, showing the number of inquiries made and <br />rental applications received from tenants or prospective tenants and <br />deposits received from tenants and any other information requested <br />by Lender; <br />(6) upon Lender's request, a balance sheet, a statement of income and <br />expenses for Borrower and a statement of changes in financial <br />position of Borrower for Borrower's most recent fiscal year; and <br />(7) if required by Lender, a statement of income and expense for the <br />Mortgaged Property for the prior month or quarter. <br />(c) Each of the statements, schedules and reports required by Section 14(b) shall <br />be certified to be complete and accurate by an individual having authority to bind <br />Borrower, and shall be in such form and contain such detail as Lender may reasonably <br />require. Lender also may require that any statements, schedules or reports be audited at <br />Borrower's expense by independent certified public accountants acceptable to Lender. <br />(d) If Borrower fails to provide in a timely manner the statements, schedules and <br />reports required by Section 14(b), Lender shall have the right to have Borrower's books and <br />records audited, at Borrower's expense, by independent certified public accountants <br />selected by Lender in order to obtain such statements, schedules and reports, and all <br />related costs and expenses of Lender shall become immediately due and payable and shall <br />become an additional part of the Indebtedness as provided in Section 12. <br />(e) If an Event of Default has occurred and is continuing, Borrower shall deliver <br />to Lender upon written demand all books and records relating to the Mortgaged Property <br />or its operation. <br />(f) Borrower authorizes Lender to obtain a credit report on Borrower at any <br />time. <br />(g) If an Event of Default has occurred and Lender has not previously required <br />Borrower to furnish a quarterly statement of income and expense for the Mortgaged <br />Property, Lender may require Borrower to furnish such a statement within 45 days after <br />the end of each fiscal quarter of Borrower following such Event of Default. <br />FANNIE MAE MULTIFAMILY SECURITY INSTRUMENT - Form 4028 4/98 Page 17 <br />NEBRASKA <br />