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202400622
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Last modified
2/13/2024 11:49:15 AM
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2/13/2024 11:49:15 AM
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DEEDS
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202400622
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CASH <br />CHECK <br />REFUNDS: <br />CASH <br />A���m CHECK <br />RECORDED <br />Iv <br />N0- HALL COUNTY NE <br />= <br />iNST 2024 O O b 2 2 <br />N2024 FEB 13 A 11: 03 <br />KRIST; WOW <br />REGISTER OF DEEDS <br />,l After Recording Return To: NEDCO, 4445 S. 86th Street, Suite 200, Lincoln, Nebraska 68526 <br />TERMINATION AND RELEASE OF THIRD PARTY LENDER AGREEMENT <br />On 03/15/2021, at the request of Nebraska Economic Development Corporation, Pinnacle Bank, as the <br />Third Party Lender, executed a Third Party Lender Agreement whereby Pinnacle Bank made certain <br />representations and commitments with respect to its loan to Grand Island Hotel, LLC or its <br />affiliates (hereinafter "Borrower"). The Third Party Lender Agreement was subsequently recorded on <br />03/18/2021 as Instrument No. 202102216 in the Records of Hall County, Nebraska, relating to real estate <br />described as: <br />Lot One (1), King's Crossing Subdivision, in the City of Grand Island, Hall County, Nebraska. <br />Since Pinnacle Bank executed the Third Party Lender Agreement, the Borrower has satisfied its <br />obligation to the United States Small Business Administration and Nebraska Economic Development <br />Corporation; which necessitates the termination of the Third Party Lender Agreement and Release of <br />Pinnacle Bank from its obligations under the Third Party Lender Agreement. <br />Premised upon the foregoing, Nebraska Economic Development Corporation, as Attorney in Fact for the <br />United States Small Business Administration, an agency of the United States of America and assignee of <br />the Third Party Lender Agreement, hereby terminates the Third Party Lender Agreement and releases <br />Pinnacle Bank from its obligations under the Third Party Lender Agreement. <br />Nebraska Economic Development Corporation, <br />Attorney -i or the United States Small <br />Business inistr.tion, <br />ailors, sident <br />STATE OF NEBRASKA ) <br />) ss. <br />COUNTY OF LANCASTER ) <br />The foregoing instrument was acknowledged before me, aSo A- C ul vt-ra Notary Public, <br />this 12th day of January, 2024 by Scott Sailors, President, of Nebraska Economic Development <br />Corporation, as Attorney -in -Fact for the United States Small Business Administration. <br />Public <br />1 <br />State of Nebraska—General Notary <br />JASON CULVER <br />My October 3131, � <br />
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