0001286964-20-000020 Sample Contracts

SINGLE ADVANCE TERM PROMISSORY NOTE
Single Advance Term Promissory Note • September 14th, 2020 • Heron Lake BioEnergy, LLC • Industrial organic chemicals

THIS SINGLE ADVANCE TERM PROMISSORY NOTE (this "Promissory Note") to the Credit Agreement dated March 29, 2018 (such agreement, as may be amended, hereinafter referred to as the "Credit Agreement"), is entered into as of June 19, 2020 between COMPEER FINANCIAL, FLCA, a federally-chartered instrumentality of the United States ("Lender") and HERON LAKE BIOENERGY, LLC, Heron Lake, Minnesota, a limited liability company (together with its permitted successors and assigns, the "Borrower"). Capitalized terms not otherwise defined in this Promissory Note will have the meanings set forth in the Credit Agreement.

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AMENDED AND RESTATED REVOLVING TERM PROMISSORY NOTE
Revolving Term Promissory Note • September 14th, 2020 • Heron Lake BioEnergy, LLC • Industrial organic chemicals
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