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201002595
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Last modified
4/19/2010 3:40:21 PM
Creation date
4/19/2010 3:33:56 PM
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DEEDS
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201002595
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ti. ~ <br />~~ Z <br />~ O' <br /> ~ 1 <br />~ <br />~~ <br />~~ rna~ <br />~~ ~~ <br />CJl - ~ ~ <br />"~ <br />- ~ • <br />..~~ <br />r~~ <br />...~ ~. <br />~. <br /> o' <br />_.. o <br />n <br />x <br />rn <br />C <br />~N <br />SBA Loan Name: CARDINAL TOOL AND DIE, ETC. <br />SBA Loan Number: 6174b94000 <br />("~ <br />M ~_ <br />G~ <br />Q <br />.~: <br />~~ ~ <br />~ ~ ~ <br />m ~ ~7 <br />~~ ~ <br />e~ca <br />d <br />f?7 "0 <br />F rl <br />G7 <br />fU <br />Q <br />P1~ <br />c~> <br />o ~ <br />c a <br />~ ~ <br />~~ <br />o -~ <br />~~ <br />~~ <br />~ CSJ <br />Y""" A <br />cry <br />A <br />~_~ <br />S~ <br />o <br />Limited Power of Attorney To Prepare & Execute Lien Release instruments <br />NEBRASKA ECONOMIC DEVELOPMENT CORPORATION is a Certified <br />Development Company ("CDC"), certified by the United States Small Business Administration <br />("SBA") to participate in the SBA loan program designed to help small businesses finance the <br />purchase or construction of a long-term fixed asset ("Asset") such as real estate, buildings, and <br />equipment (the "504 Program"). <br />In accordance with S04 Program rules, CDC used the proceeds of a debenture guaranteed <br />by SBA ("Debenture") to partially finance a borrower's purchase of an Asset (the "CDC loan") <br />which is secured by a lien on the Asset and other borrower property as deemed appropriate by <br />the CDC (the lien on the Asset and other borrower property is hereinafter referred to collectively <br />as "Liens"). In consideration of SBA's guaranty of the CDC Debenture, CDC, among other <br />things, (1) assigned to SBA the Liens and the note underlying the CDC' loan and (2) agreed to <br />continue to service the CDC loan. <br />Borrower has paid the CDC loan in full as evidenced by a notice from Colson Services <br />Corporation and a note marked by SBA officials as "Paid in Full" in the possession of the CDC. <br />SBA hereby authorizes CDC to, as either SBA's agent or attorney-in-fact, prepare, sign, file and <br />or record on SBA's behalf, without SBA's review and approval, documents necessary to release <br />SBA's lien interest in the Asset and any other borrower or guarantor property securing the <br />repayment of this loan upon which the agency has a lien or security interest. <br />SBA, as principal, further authorizes CDC officers authorized to sign documents on <br />behalf of the CDC, as attorneys~in-fact, to sign and file and to record lien releases in connection <br />with the subject loan as well as make delivery to the party legally entitled thereto. <br />This authorization does not limit in any manner the duties, obligations, and <br />responsibilities of CDC to SBA and the authorization may be rescinded in writing at any time in <br />the sole discretion of SBA. <br />ADMINISTRATOR, UNITED STATES <br />SMALL BUSINESS ADMINISTRATION, <br />SAN AGENCY OF THE UNITED STATES <br />B \ <br />Y ~ <br />,~~ ~~ (Date) <br />~:\FCLSCtempi~ip©p4~IFiien rr~(~aa~5~"s`:d~~~3/18/2007 v8 <br />m <br />IT7 <br />v <br />z <br />C <br />fC1 <br />Z <br />O <br />r~„~D <br />
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