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NNRHA June 16, 2026 board meeting package

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To the Trustee: U.S. Bank Trust Company, National Association 2 Concourse Parkway, Suite 800 Atlanta, GA 30328-5588 Attention: Zack Buckner To the Investor Partner: As provided by the Investor Partner to the Trustee in writing in accordance with the Indenture 22. HUD Rider. If the Borrower closes a mortgage loan in accordance with the terms of the Commitment, then the terms and provisions set forth in Exhibit D (HUD Rider) attached hereto shall be hereby incorporated by reference into this Regulatory Agreement. [Remainder of Page Intentionally Left Blank] 16
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