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BORROWER: Carmalor Nebraska L.P. P.O. Box 711521 Santee, California 92072 LENDER: 47. [INTENTIONALLY OMITTED] Secretary of Housing and Urban Development 451 7 Street SW Washington, DC 20410 201302393 (i) the date when the Notice is received by the addressee; (ii) the first Business Day after the Notice is delivered to a recognized overnight courier service, with arrangements made for payment of charges for next Business Day delivery, or (iii) the third Business Day after the Notice is deposited in the United States mail with postage prepaid, certified mail, return receipt requested. The Term "Business Day" means any day other than a Saturday, a Sunday or any other day on which Lender or HUD is not open for business. b. Any party to this Agreement may change the address to which Notices intended for it are to be directed by means of Notice given to the other party in accordance with this Section 46. Each party agrees that it shall not refuse or reject delivery of any Notice given in accordance with this Section 46, that it shall acknowledge, in writing, the receipt of any Notice upon request by the other party and that any Notice rejected or refused by it shall be deemed for purposes of this Section 46 to have been received by the rejecting party on the date so refused or rejected, as conclusively established by the records of the U.S. Postal Service or the courier service. 48. CONFLICTS PROVISION. Borrower shall comply with the requirements set forth in this Agreement as well as any other agreement Borrower enters into with HUD. However, if a conflict exists between this Agreement and any other HUD agreement executed by Borrower, the agreement which imposes the more restrictive requirements on Borrower shall control. 49. THIRD PARTY BENEFICIARY. Borrower agrees that it is not a third -party beneficiary to the Contract of Insurance between HUD and Lender, as more fully set forth in 24 C.F.R. Part 207, Subpart B. Revious editions are obsolete Replaces form I4A -92466 (11/02) SECTION IX. NON RECOURSE 50. NONRECOURSE DEBT. The following individuals /entities as identified in the "Firm Com m itment" (which means the commitment for insurance of advances or commitment for insurance upon completion issued to Lender by HUD under which the debt evidenced by the Note is to be insured pursuant to a Section of the Act, dated March 14, 2013, as amended): LORNA B. RATONEL, Individually Carmalor Nebraska L.P., a Nebraska limited partnership 142Regulatory Agreement FlA- 92466M (Rev.4/11) Page 23 F REICH VILLAGE