Common Contracts

2 similar Guaranty contracts by Heron Lake BioEnergy, LLC

GUARANTY
Guaranty • March 31st, 2015 • Heron Lake BioEnergy, LLC • Industrial organic chemicals

In order to induce Heron Lake BioEnergy, LLC, (hereinafter called "Lender") to make a loan or loans, or renewal or extension thereof, to Agrinatural Gas, LLC (hereinafter called "Debtor"), the Undersigned hereby unconditionally guarantees to Lender, its successors and assigns, the due and punctual payment when due, whether by acceleration or otherwise, in accordance with the terms thereof, twenty-seven percent (27%) of the principal of and interest on and all other sums payable, or stated to be payable, with respect to the note of the Debtor, made by the Debtor to Lender, dated March 30, 2015 in the principal amount of Three Million Five Hundred Thousand and no/100 Dollars ($3,500,000.00) with interest at the rate as indicated in said Negotiable Promissory Note. Such note, and the interest thereon and all other sums payable with respect thereto are hereinafter collectively called "Liabilities." As security for the performance of this guaranty the Undersigned hereby mortgages, pledges,

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GUARANTY
Guaranty • September 16th, 2014 • Heron Lake BioEnergy, LLC • Industrial organic chemicals

In order to induce Heron Lake BioEnergy, LLC, (hereinafter called "Lender") to make a loan or loans, or renewal or extension thereof, to Agrinatural Gas, LLC (hereinafter called "Debtor"), the Undersigned hereby unconditionally guarantees to Lender, its successors and assigns, the due and punctual payment when due, whether by acceleration or otherwise, in accordance with the terms thereof, twenty-seven percent (27%) of the principal of and interest on and all other sums payable, or stated to be payable, with respect to the note of the Debtor, made by the Debtor to Lender, dated July 29, 2014 in the principal amount of Three Million Fifty Thousand and no/100 Dollars ($3,050,000.00), with interest at the rate as indicated in said Negotiable Promissory Note. Such note, and the interest thereon and all other sums payable with respect thereto are hereinafter collectively called "Liabilities." As security for the performance of this guaranty the Undersigned hereby mortgages, pledges, assigns

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