Okaloosa County BOCC — September 15, 2015 — Loan Agreement

NATIONWIDE CAPITAL, LLC LOAN AGREEMENT THIS LOAN AGREEMENT (this "Agreement") is made as of the date it is executed by the last of the parties named below (the "Effective Date"), BETWEEN: Nationwide Capital, LLC, a Delaware limited liability company (hereinafter "Lender"); AND: Okaloosa County, Florida (hereinafter "Borrower") RECITALS: A. WHEREAS, Borrower desires to obtain a loan from Lender for the purpose of purchasing the Equipment (as defined below); and Lender is willing, subject to and upon the terms and conditions hereafter set forth, to provide a loan to Borrower for such purpose. B. The following Exhibits are incorporated into, and constitute an integral part of, this Agreement (check all that apply): · _X_ Exhibit A (Equipment Description & Quantities) _x_ Exhibit B (Promissory Note) _X_ Exhibit C (Security Agreement) NOW, THEREFORE, in consideration of the mutual covenants and agreements, terms and conditions hereinafter set forth, each of the parties hereto: • Agrees to the GENERAL TERMS and the terms and conditions set forth in each Exhibit attached hereto and incorporated herein. • Agrees that at all times, this Agreement shall be governed by and construed in accordance with the laws of the State of Nebraska, without regard to conflicts of law principles that would require the application of the laws of any other state. The parties agree that venue for any dispute or cause of action arising out of or related to this Agreement shall be in the state and federal courts of the United States located in the State of Nebraska, County of Douglas. • Represents and warrants to the other party that as of the date of its signature below it has full power and authority to enter into and perform this Agreement, and that the person signing below on its behalf has been properly authorized to execute this Agreement. • Acknowledges that it has read this Agreement, the GENERAL TERMS and the terms and conditions set forth in each Exhibit attached hereto, has had an opportunity to review this Agreement, the GENERAL TERMS and each Exhibit with legal counsel, understands it and intends to be bound by it. NATIONWIDE CAPITAL, LLC OKALOOSA COUNTY, FLORIDA 11128 John Galt Blvd. - Ste. 200 302 Wilson St.N . - Ste. 102 Omaha, NE 68137 Crestview, FL 32536 Fax ~O~ Fax No.: (850) 651 -7275 Signature Name (Printed or yped) Name (Printed or Typed) {/ ~(_ ~ Title Title Date Cl /"t/JS Date  GENERAL TERMS ARTICLE 1 arrangement, encumbrance, lien (statutory or other), or DEFINITIONS AND ACCOUNTING TERMS other security agreement, charge, or encumbrance of any kind or nature whatsoever (including, without 1.1 Defined Terms. As used in this Agreement, the limitation, any conditional sale or other title retention following terms have the following meanings (terms agreement, any financing lease having substantially the defined in the singular to have the same meaning when