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202605299 <br />THIRD PARTY LENDER AGREEMENT <br />THIS THIRD PARTY LENDER AGREEMENT ("Agreement") is dated 26th day of <br />June , 2026, by and between Velocity Commercial Capital, LLC d/b/a New Day <br />Commercial Capital, ("Third Party Lender") whose address is 25411 Cabot Road, Suite 206, <br />laguna Hills, CA 92653, and Nebraska Economic Development Corp., ("CDC") whose address <br />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 Operating Company, if <br />any (collectively "Borrower"), according to the terms in the Authorization for Debenture Guarantee (SBA <br />504 Loan), as amended ("Authorization"). The Third Party Lender will provide term financing ("Third <br />Party Loan"), and the CDC will provide a loan ("504 Loan") funded by a debenture issued by the CDC <br />and guaranteed by the U.S. Small Business Administration ("SBA"), for purposes of financing the Project <br />described in the Authorization, which involves the acquisition and/or improvement of the real and/or personal <br />property described below, and in Exhibit A attached hereto and incorporated herein by reference ("Project <br />Property"): <br />SBA Loan #: 66052350-01 <br />SBA Loan Name: Mainstay Suites - Grand Island <br />Borrower: Heritage Hospitality, Inc. <br />Operating Company (if any): N/A <br />Third Party Loan Amount: $1,525,000.00 <br />Term of Third Party Loan: 30.00 Years <br />If Real Property -- Project Property Address: <br />Street address: 3051 S. Locust Street <br />City, State, Zip Code: Grand Island, NE 68801 <br />Legal Description: Lot One (1), Vanosdall Subdivision, City of Grand Island, <br />Hall County, Nebraska. <br />Personal Property: As Described in CDC's Security Agreement. <br />2. The parties have required the Borrower to grant liens on the Project Property to secure the separate loans <br />advanced by the parties ("Common Collateral"), and the lien of the CDC ("CDC Lien") will be junior and <br />subordinate to the lien of the Third Party Lender ("Third Party Lender Lien"), unless Third Party Lender, <br />CDC and SBA agree otherwise in writing. <br />TERMS AND CONDITIONS <br />In consideration of the above, the mutual agreements set forth below, and for other good and <br />valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as <br />follows: <br />SBA Form 2287 (04-18) 1 <br />Previous Editions Obsolete <br />