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� � � 0 � 85 � The Issuer and the Trustee acknowledge that the occurrence of an event of default under this Regulatory Agreement shall not be deemed,under any circumstances whatsoever,to be a default under the Mortgage Loan Documents except as may be otherwise specified in the Mortgage Loan Documents, notwithstanding the occurrence of any violation of this Regulatory Agreement, neither the Issuer nor the Trustee shall have any right to cause or direct acceleration of the Mortgage Loan,to enforce the Mortgage Note or to foreclose on the Mortgage except pursuant to the terms of the Mortgage Loan Documents; provided that neither this paragraph nor the preceding paragraph shall be construed to limit the rights of the Issuer and the Trustee to pursue the remedies set forth in the above paragraphs (a), (b) and(c) and to otherwise enforce the Reserved Rights. Section 17. Trustee. The Trustee shall act as specifically provided herein and in the Indenture and is entering into this Regulatory Agreement solely in its capacity as trustee under the Indenture, and the duties, powers, rights and liabilities of the Trustee in acting hereunder shall be subject to the provisions of the Indenture. The Trustee may at all times assume compliance with this Regulatory Agreement unless otherwise notified in writing by the Issuer or unless it has actual knowledge of noncompliance. After the date on which no Bonds remain outstanding as provided in the Indenture, the Trustee shall no longer have any duties or responsibilities under this Regulatory Agreement and all references to the Trustee in this Regulatory Agreement shall be deemed to be references to the Issuer. Section I8. Recording and Filing. The Borrower shall cause this Regulatory Agreement,and all amendments and supplements hereto and thereto,to be recorded and filed in the real property records of the County and in such other places as the Issuer or the Trustee may reasonably request. The Borrower shall pay all fees and charges incurred in connection with any such recording. Section 19. Governing I,aw. This Regulatory Agreement shall be governed by the laws of the State. The Trustee's rights,duties and obligations hereunder are governed in their entirety by the terms and provisions of the Indenture. Section 20. Amendments. Except as set forth in Section 6 hereof, this Regulatory Agreement shall be amended only by a written instrument executed by the parties hereto or their successors in title, and duly recorded in the real property records of the County, and only upon receipt by the Issuer of(a)an opinion from Bond Counsel that such amendment will not adversely affect the Tax-exempt status of interest on the Bonds and is not contrary to the provisions of the Act and(b)the written consent of the Trustee so long as the Bonds remain outstanding. Anything to the contrary contained herein notwithstanding,the Issuer,the Trustee and the Borrower hereby agree to amend this Regulatory Agreement to the extent required,in the opinion of Bond Counsel, in order that interest on the Bonds remain Tax-exempt. The party or parties requesting such amendment shall notify the other parties to this Regulatory Agreement of the proposed amendment,with a copy of such requested amendment to Bond Counsel and a request that 29