EXTENSION AGREEMENT
EXHIBIT
10.30
|
272102
|
Date:
2-16-08
|
By
mutual
agreement, the attached Note No. 272102
(the
"Note") is hereby changed and/or extended as follows:
1.
The
remaining balance of payments in the amount of $97,986.02,
originally due on or before 2-16-08,
are now
due on 08-16-2008.
2.
The
unpaid principal balance shall continue to bear interest until paid in full.
The
interest rate x
will
remain the same; or ¨
is
hereby changed to _________________% per annum from and after the date of the
Agreement. (xxxx one)
|
3. ADDITIONAL TERMS
|
Allow
time to get plant built
|
|
4.
This
Extension Agreement does not in any way satisfy or cancel the Note. Except
as
specifically amended hereby, all other terms of the Note remain in full force
and effect. Any security interest or lien granted by the Debtor(s) in any real
or personal property which secures Debtor(s) obligation under the terms of
the
Note shall remain in full force and effect and shall secure the obligations
of
the Debtor(s) under the terms of the Note as amended by this Extension
Agreement.
|
AMERICAN
STATE BANK
|
Southern
Iowa BioEnergy, LLC
|
||
|
XXXXXXX,
XXXX 00000
|
BY
SIGNING BELOW, YOU AGREE TO THE TERMS XX
|
||
|
XXXXXX,
XXXX 00000
|
AND
ACKNOWLEDGE RECEIPT OF A COPY OF THIS
|
||
|
By
|
/s/
Xxxxx X. Xxxxxxxxx
|
||
|
/s/
Xxxx Xxxxxx /s/ Xxxx Xxxxxx /s/ Xxxxxxx Xxxxxx
|
|||
|
Debtor
|
|||
|
/s/
Xxxx Xxxxxxx /s/ Xxxx Xxxxxx /s/ J. R. Xxxxxxx
|
|||
|
Co-Debtor
|
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|
272982
|
Date:
2-16-08
|
By
mutual
agreement, the attached Note No. 272982
(the
"Note") is hereby changed and/or extended as follows:
1.
The
remaining balance of payments in the amount of $50,040.00,
originally due on or before 2-16-08,
are now
due on 08-16-2008.
2.
The
unpaid principal balance shall continue to bear interest until paid in full.
The
interest rate x
will
remain the same; or ¨
is
hereby changed to _________________% per annum from and after the date of the
Agreement. (xxxx one)
|
3. ADDITIONAL TERMS
|
Allow
time to get plant built
|
|
4.
This
Extension Agreement does not in any way satisfy or cancel the Note. Except
as
specifically amended hereby, all other terms of the Note remain in full force
and effect. Any security interest or lien granted by the Debtor(s) in any real
or personal property which secures Debtor(s) obligation under the terms of
the
Note shall remain in full force and effect and shall secure the obligations
of
the Debtor(s) under the terms of the Note as amended by this Extension
Agreement.
|
AMERICAN
STATE BANK
|
Southern
Iowa BioEnergy, LLC
|
||
|
XXXXXXX,
XXXX 00000
|
BY
SIGNING BELOW, YOU AGREE TO THE TERMS XX
|
||
|
XXXXXX,
XXXX 00000
|
AND
ACKNOWLEDGE RECEIPT OF A COPY OF THIS
|
||
|
By
|
/s/
Xxxxx X. Xxxxxxxxx
|
||
|
/s/
Xxxx Xxxxxx /s/ Xxxx Xxxxxx /s/ Xxxxxxx Xxxxxx
|
|||
|
Debtor
|
|||
|
/s/
Xxxx Xxxxxxx /s/ Xxxx Xxxxxx /s/ J. R. Xxxxxxx
|
|||
|
Co-Debtor
|
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