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Zolloo2�0 (d) i#' a guaranty has becn executed and delivered in connectian with the Note, this Itistrument �x any of the othcr Loan Documents, the �arrower causes ane or more individuals or entities acceptable to Lendcr to execute and deliver to Lender a substitute guaranty in a form acceptable to Lender; (7) Lendex's receipt of all of the following: (A) a nan-refundable review fee in the amount of $3,000 and a transfer fee equal to 1 percent of the outstanding Indebtedness imrr�ediately prior to the Transfer; and (B) Borrower's reimbursement af all af Lender's out-of-pocket casts (including reasonable attarneys' fe�s) incurred in r�viewing the Transfer request, to the extent such exp�nscs �xceed $3,000; and (8) Borrower has a�,reed ta Lender's canditians ta apprc�ve such Transfer, which may include, but are not limited to (A) praviding additional collateral, guaranties, or other credit support to mitigate any risks concerning the proposed transferec or th� perf'ormance or condition of the Mortgaged Property, and (II) amending the Laan Documents ta (i) delete any specially negotiated terms or provisions previously granted for the exclusive benefit af transferor and (ii) restore to original provisions nf the standard Fannie Mae form multifamily loan docum�nts, to the extent such provisions were previously modified. (d) For purposes of this Section, the fol(owing terms shall have the meanings set forth below: (1) "Ynitial Owners" means, with respect to Borrow�r or any other entity, the persons or entities whn on the date of the Note, directly or indirectly, own in the aggr�gate 1 p0% of the ownership interests in Borrower or that entity. (2) A Transfer of a"Controlling Interest" shall mean: (A) with respect to any entity, the follawing: (i) if such entity is a general parCnership or a jpint venture, a Transfer af any general partnership interest or joint venture interest which would cause the Initial Owners to own less than S 1% of all general partner�hip or joint venture interests in such entity; (ii) if such entity is a limited partnership, (A) a Transfer of any general partnership interest, or (B) a Transfer af any pHrtnership interests which would cause the Initial Ovmers to owta less than 51% af all limited partnership interests in such entity; FANNIE MAE MULTYFAMILY S�CURiTY iNSTRUMENT - Form 4028 06/09 Page 29 NEBRASKA � 1997-2009 Fannic Mae