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r~. ~. I 101515 -4- ~CO"-- (13) Mortgagor will comply with the provisions of any Federal, State or l?calla~ ~ro~ibitin~ discrimination in housing on the grounds of race, color. creed or natlonal or~n, Includmg Title VI of the Civil Rights Act of 1964 (P,L. 88-352, 42 U.S,c. 2000d-l), Title VIII of the Civil Rights Act of 1968 (P.L. 90-284, 42 U.S.C, 3601) and Executive Order 11063 (27 F.R, 11527), and all requirements impose? by or pu~suant to the regulat,ions of t~e Department of Housing and Urban Development \24 CFR) Issued pursuant to Title VI, Title VIII, or Executive Order 11063. I, i' \ L (14) No litigation seeking the recovery of a sum in excess of $5,000 nor any action for specific performance or other equitable relief shall be instituted nor shall any claim for a sum in excess of S5,OOO be settled or compromised by the Mortgagor unless prinr written consent thereto has been obtained from HUD. Such consent may be subject to such terms and conditions as HUD may prescribe. (IS) Upon a violation of any of the above provisions of this Agreem~nt by ~ortgagor, HUD may give written notice, thereof, to Mortgagor, by registered or cerufied mail, addressed to the address stated in this Agreement, or such other address as may subsequently. upon appropriate written notice thereof to HUD, be designated by the Morcgagor as its legal business address. If such violation is not corrected to the satisfaction of HUD within 30 days after the date such notice is mailed or within such further time as HUD determines it is necessary to rorrect the violation. without further notice HUD may declare a Default under this Agreement effective on the date of such declaration of default and upon such Default HUD may: (1) Take possession of the project, bring any action necessary to enforce any rights of the mortgagor growing out of the project operation, and operate the project in accordance with the terms of this Agreement until such time as HUD in its discretion determines that the mortgagor is again in a position to operate the project in accordance with the terms of this Agreement and in compliance with the requirements of the Note and Mortgage. (2) Collect all rents and charges in connection with the operation ofthe project and use such collections to pay the mortgagor's obligations under this Agreement and under the Note and Mortgage, and the necessary expenses of preserving the property and operating the project. (3) IRelare the whole of said indebtedness immediately due and payable and then proceed with the foreclosure of the mortgage. (4) Apply to any court, State or Federal, for specific performance of this Agreement, for an injunction against any violation of the Agreement, for the appointment of a receiver to take over and operate the property in accordance with the terms of the Agreement, or for such other relief u may be appropriate, since the injury to HUO arising from a default under any of the terms of this Agreement would be irreparable and the amount of damage would be difficult to ascertain. (16) (a) Mortgagor has executed an Agreement to enter into a HaUling Auinance Payments Contract. The terms of the Housing Assistance Payments Contract, when executed, shall be incorporated by reference into this Regulatory Agreement; (b) A violation of the Housing Assistance Payments Contract may be consuued to consti- tute a default hereunder in the sole discretion of HUD; (c) In the event said Housing Assistance Payments Contract expires or terminates before the expiration or terminat~on of this Agreement. the provisions of this paragraph ~nd any other reference to said contract. to Section 8 and to Section 8 units contained herein shall be self-cancelling shall no longer be effective as of the date of the expiration or termination of the Housing Assistance Payments Contract. (17) As used in this Agreement the term: (a) "Mortgage" includes "Deed of Trust", "Chattel Mortgage" and any other security for the Note identified herein; (b) "M.ortgagee" refers to the holder of the mortgage identified herein, its successors and as5&gnSi (c) "Mortgaged Pro~rty" indudes pro!'erty, real, personal, or mixed, covered by the mortgage or mortgages securing the note held by HUD; (d) ILProj~ct" includes the mo~aged property and all its other assets or whatsoever s:cuate, used 1n or owned by the busmess conducted on said mortgaged property; (e) "Distribution" means ilny withdrawal or taking of cash or other il~SCts of the project ?ther than f~r mortgag~ payments or for payment of reasonable expenses incident to Its constru;:;uon, operation and maintenance: (f) "Default" means a default declared by Hun when a violation of this Agreement is not c~rrected to its satisfaction within the time allowed by this Agreement or such further tune as ma, be allowed by HlID .fter written notice; ;