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� <br />� <br />N � <br />B � <br />� � <br />N � <br />B - <br />N � <br />� <br />� � <br />e � <br />� <br />� <br />� <br />� <br />� <br />� <br />� <br />� <br />� <br />� <br />� <br />� <br />� <br />� <br />—� <br />� <br />� <br />� <br />� <br />� <br />.� <br />;� <br />�p°e <br />� <br />a�V <br />� <br />;� Y1 O <br />� v � <br />�� <br />a � . <br />� � <br />� <br />� <br />� <br />a <br />m <br />r <br />r <br />c� � <br />� � ri <br />C� �, <br />C/7 <br />—o <br />� <br />� <br />� <br />� <br />o � <br />r� <br />rn <br />0 <br />� <br />r� <br />� <br />r.,� <br />� <br />� <br />N <br />Cl.7 <br />'U <br />3 <br />N <br />F--+ <br />O <br />�� <br />� � <br />� m <br />� O <br />o 'T� <br />� � <br />= fT� <br />D W <br />r � <br />r n <br />u� <br />� <br />� <br />v v <br />� <br />� <br />� <br />O <br />� <br />N <br />� <br />N <br />s <br />� <br />O <br />�� THIRD PARTY LENDER AGREEMENT <br />�'� � � <br />THIS THIRD PARTY LENDER AGREEMENT (Agreement) is dated this 20th day of ��' � <br />March , 20 12 , by and between Five Points Bank <br />�Third Partv Lender) whose address is PO Box 1507, Grand Island, NE 68802 , <br />and Nebraska Economic Development Corp. ,(CDC) <br />whose address is 1610 S 70th Street. Suite 201. Lincoln. NE 68506 <br />RECITALS <br />1. As described in the "Authorization for Debenture Guarantee (SBA 504 Loan)," as amended <br />(Authorization), and as detailed below, the Third Part,y Lender will provide term financing (Third Party <br />Loan), and the CDC will provide a loan (the 504 Loan) funded by a debenture issued by the CDC and <br />guaranteed by the U.S. Small Business Administration (SBA), to Borrower and Operating Company, if <br />any, identified below (collectively, Bonower) for purposes of financing the Project described in the <br />Authorization, which involves the acquisition and/or improvement of the rea.l and/or personal property <br />described below, and in Eachibit A attached hereto and incorporated herein by reference (Project <br />Property): <br />SBA Loan #: 50444350-07 <br />SBA Loan Name: Qualitv Inn and Davs Inn in Grand Island <br />Borrower: Deepak Sinha and Suhita Sinha and Shraddha, LLC <br />Operating Company (if any): Shraddha, LLC <br />Third Party Loan Amount: $1,425.000.00 <br />Term of Third Party Loan: 20 vears <br />If Real Property — Project Property Address: <br />Street address: 7800 � 7838 S. Highway 281 <br />City, State, Zip code: Grand Island. NE, 68803 <br />Legal description: Lots One (1) and Two (2), Highway Motels Subdivision, Hall County, <br />Nebraska. <br />Personal property as described in the Security Agreement dated March 20, 2012, available upon request of the CDC. <br />2. The parties have required the Borrower to grant liens or security interests in the Project Property <br />to secure the separate loans advanced by the parties (Common Collateral), and the lien or security <br />interest held by CDC (CDC Lien) will be junior and subordinate to the lien or security interest held by <br />the Third Party Lender (Third Party Lender Lien), unless CDC and SBA agree otherwise in writing. <br />SBA Form 2287 (September 2010) <br />Return To: Nebraska Economic Development Corp., 1610 South 70`� Street, Suite 201, Lincoln, NE 68506 <br />