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ARTICLE VII <br />FUNDS AND ACCOUNTS <br />Section 7.1. Authorization to Create Funds and Accounts ................. . ..................... . .............. . ............. 20 <br />Section 7.2. Investment of Funds .......................................................................................................... 20 <br />ARTICLE VIII <br />REPRESENTATIONS AND COVENANTS <br />Section 8.1. General Representatlons ................................................. . ................................................. . 5 <br />Section 8.2. No Encumbrance on Security ............................................................................................ 26 <br />Section 8.3. Repayment of Funding Loan ............................................ <br />.................................. <br />Section 8.4. Servicer ............................................................................................ <br />Section 8.5. Borrower Loan Agreement Performance ........................................................................... 26 <br />Section 8.6. Maintenance of Records; Inspection of Records .......................................... . ...... . ............ . 26 <br />..................................... 7 <br />Section 8.7. Tax Covenants .............................................................................. <br />Section 8.8. Performance by the Borrower ................................................................................... <br />Section 8.9. Maintenance of Records . ................................................................................................... 28 <br />ARTICLE IX <br />DEFAULT; REMEDIES <br />Section 9.1. Events of Default ............................................................................................................... 28 <br /> <br />Section 9.2. .. <br />Acce eration o Maturity; Resclsslon an Annu ment .... . ... . ...... . ....................................... <br />29 <br />Section 9.3. Additional Remedies; Funding Lender Enforcement ........................................................ 30 <br />Section 9.4. Application of Money Collected ....................................................................................... 31 <br />Section 9.5. Remedies Vested in Funding Lender ................................................................................. 32 <br />Section 9.6. Restoration of Positions ................................................................. <br />.................................... <br />32 <br />Section 9.7. Rights and Remedies Cumulative ...................................................................................... 32 <br />Section 9.8. Delay or Omission Not Waiver ......................................................................................... 32 <br />Section 9.9. Waiver of Past Defaults ................................................................................. <br />.................... <br />32 <br />Section 9.10. Remedies Under Borrower Loan Agreement or Borrower Notes ................................... 32 <br />Section 9.11. Waiver of Appraisement and Other Laws .................. . ................... . ......... . .. . ......... . ......... 3 3 <br />Section 9.12. Suits to Protect the Security ............................................................................................. 33 <br />Section 9.13. Remedies Subject to Applicable Law .............................................................................. 33 <br />Section 9.14. Assumption of Obligations .............................................................................................. 33 <br />ARTICLE X <br />AMENDMENT; AMENDMENT OF BORROWER LOAN AGREEMENT <br />AND OTHER DOCUMENTS <br />Section 10.1. Amendment of Funding Loan Agreement ....................................................................... 34 <br />Can~inv~ ~ n 7 /,mv~n~mnv-+r ~on»>rn ~i~iv-~~r-~r T nr~~c~r (~nr~rnr~~ Z/) <br />-J~+V61V11 1V.G. L7111t~111i111V11W 1\lrliU111~ 1 U11U111~ L1.+11UV1 VVll~t~ll~ .............................................................. J'T <br />........................................................ 34 <br />Section 10.3. Consents and Opinions ............................................ <br />ARTICLE XI <br />MISCELLANEOUS <br />Section 11,1. Notices ............................................................................................................................. 34 <br />Section 11.2. Term o f Funding Loan Agreement ........................... . ........... . ........................... . .. . ........... 43 <br />Section 11.3. Successors and Assigns ................................................................................................... 43 <br />C:1UsersltadlDesktoplSantaRna HA Washington Place <br />FLA.doc <br />DRAFT 11/28/12 8:39AM <br />