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<br /> S-2 <br />Little Canada - Lupe - REGULATORY AGREEMENT(199553364.3) - 5/12/2026 11:38:43 AM <br />LC APARTMENTS, LP, a Minnesota limited <br />partnership <br /> <br />By: FFAH V LC Senior Apts MN, LLC, <br />a Minnesota limited liability company, <br />its Managing General Partner <br /> <br />By: Foundation for Affordable Housing V, Inc., <br />a California nonprofit public benefit corporation <br />its: Sole Member <br /> <br />By: _______________________________ <br /> Tarun Chandran <br />Its: Vice President <br />STATE OF MINNESOTA ) <br />) SS <br />COUNTY OF ____________) <br />The foregoing instrument was acknowledged before me this ____ day of _____________, <br />2026, by Tarun Chandran, Vice President of Foundation for Affordable Housing V, Inc., a <br />California nonprofit public benefit corporation, the sole member of FFAH V LC Senior Apts MN, <br />LLC, a Minnesota limited liability company, the Managing General Partner of LC Apartments, <br />LP, a Minnesota limited partnership, on behalf of said limited partnership. <br /> <br />_______________________________________ <br />Notary Public <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Execution page of the Borrower to the Regulatory Agreement.