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Personal Property: NA <br />t <br />1 W <br />. V. , ; / _r r y . <br />3; <br />O 0 r <br />N <br />-J cn <br />( <br />.r, <br />THIRD PARTY LENDER AGREEMENT <br />THIS THIRD PARTY LENDER AGREEMENT (Agreement) is dated this 19th day of <br />February , 20 15 , by and between Heritage Bank, Grand Island <br />( "Third Party Lender ") whose address is 1333 North Webb Road, Grand Island, NE 68803 <br />and Nebraska Economic Development Corp. , ( "CDC ") <br />whose address is 4445 South 86th Street, Suite 200, Lincoln, NE 68526 <br />RECITALS <br />1. The Third Party Lender and CDC will provide separate loans to the Borrower and <br />Operating Company, if any (collectively "Borrower"), according to the terms in the Authorization <br />for Debenture Guarantee (SBA 504 Loan), as amended ( "Authorization "). The Third Party <br />Lender will provide term fmancing ( "Third Party Loan "), and the CDC will provide a loan ( "504 <br />Loan ") funded by a debenture issued by the CDC and guaranteed by the U.S. Small Business <br />Administration ( "SBA "), for purposes of fmancing the Project described in the Authorization, <br />which involves the acquisition and/or improvement of the real and/or personal property described <br />below, and in Exhibit A attached hereto and incorporated herein by reference ( "Project Property"): <br />SBA Loan #: 71227550 - 04 <br />SBA Loan Name: Sunuva Niche Awards Plus <br />Borrower: Kelan J. Kava <br />Operating Company (if any): NA <br />Third Party Loan Amount: $ 108.750.00 <br />Term of Third Party Loan: 20 nears <br />If Real Property -- Project Property Address: <br />Street address: 3406 W. Capital Ave <br />City, State, Zip code: Grand Island, NE 68803 <br />Lot One (1), Lemke Subdivision, in the City of Grand Island, Hall County, <br />Nebraska. <br />2. The parties have required the Borrower to grant liens on the Project Property to secure <br />the separate loans advanced by the parties ( "Common Collateral "), and the lien of the CDC ( "CDC <br />Lien ") will be junior and subordinate to the lien of the Third Party Lender ( "Third Party Lender <br />Lien "), unless Third Party Lender, CDC and SBA agree otherwise in writing. <br />SBA Form 2287 (4 -14) Previous Editions Obsolete 1 <br />rrl <br />— 1 <br />rn <br />rn <br />C/) <br />C/) <br />Z77 <br />rn <br />9 a o <br />