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Lender and promptly remit to Senior Lender any payments received by Subordinate Lender after <br />such invalidated, rescinded or returned payment was originally made. <br />14. Non - Approval of Subordinate Financing Terms. <br />This Agreement does not constitute an approval by Senior Lender of the terms of the <br />Subordinate Loan or limit any of Borrower's rights to negotiate the terms of the Subordinate <br />Loan Documents with Subordinate Lender. <br />15. Notices. <br />(a) Process of Serving Notice. <br />All notices under this Agreement shall be: <br />(1) in writing and shall be: <br />(A) delivered, in person; <br />(B) mailed, postage prepaid, either by registered or certified delivery, <br />return receipt requested; <br />(D) sent by electronic mail with originals to follow by overnight <br />courier; <br />(2) addressed to the intended recipient at the address(es) below the signature <br />block, as applicable; and <br />(3) deemed given on the earlier to occur of: <br />(A) the date when the notice is received by the addressee; or <br />(B) if the recipient refuses or rejects delivery, the date on which the <br />notice is so refused or rejected, as conclusively established by the records of the <br />United States Postal Service or any express courier service. <br />(b) Change of Address. <br />Any party to Agreement may change the address to which notices intended for it are to be <br />directed by means of notice given to the other parties identified in this Agreement. <br />(C) sent by overnight courier; or <br />Form 6414 <br />08 -14 <br />Subordination Agreement (Conventional) <br />Fannie Mae <br />201603850 <br />(c) Receipt of Notices. <br />Senior Lender, Subordinate Lender or Borrower shall not refuse or reject delivery of any <br />notice given in accordance with this Agreement. Each party is required to acknowledge, in <br />writing, the receipt of any notice upon request by the other party. <br />Page 13 <br />© 2014 Fannie Mae <br />