SECURITY AGREEMENT This Security Agreement (“Agreement”), dated as of January 31, 2024, is between CARDINAL COLWICH, LLC, a Kansas limited liability company (the “Debtor”), and FIRST NATIONAL BANK OF OMAHA, a national banking association (the “Secured...Security Agreement • February 6th, 2024 • Cardinal Ethanol LLC • Industrial organic chemicals
GUARANTY January 31, 2024 TO: FIRST NATIONAL BANK OF OMAHA (“Lender”) The undersigned requests Lender to give, and continue to give, Cardinal Ethanol, LLC, an Indiana limited liability company (the “Debtor’’), from time to time as Lender may see fit,...Guaranty Agreement • February 6th, 2024 • Cardinal Ethanol LLC • Industrial organic chemicals
DECLINING REVOLVING CREDIT NOTE $39,000,000 January 31, 2024 For value received, the undersigned, CARDINAL ETHANOL, LLC, an Indiana limited liability company (the “Borrower"), promises to pay to the order of FIRST NATIONAL BANK OF OMAHA (the "Lender";...Declining Revolving Credit Note • February 6th, 2024 • Cardinal Ethanol LLC • Industrial organic chemicals
MORTGAGE, SECURITY AGREEMENT, ASSIGNMENT OF LEASES AND RENTS, AND FIXTURE FILING CARDINAL COLWICH, LLC, a Kansas limited liability company (Borrower) in favor of FIRST NATIONAL BANK OF OMAHA (Lender) Dated as of: January 31, 2024 Property Encumbered:...Mortgage, Security Agreement, Assignment of Leases and Rents, and Fixture Filing • February 6th, 2024 • Cardinal Ethanol LLC • Industrial organic chemicals • Kansas
FIRST AMENDMENT TO WATER SHARING AGREEMENT AND CONSENT TO ASSIGNMENT THIS FIRST AMENDMENT TO WATER SHARING AGREEMENT AND CONSENT TO ASSIGNMENT (this “Amendment”) is effective January 31, 2024 (the “Amendment Effective Date”) and is between Evergy...Water Sharing Agreement • February 6th, 2024 • Cardinal Ethanol LLC • Industrial organic chemicals
SUBORDINATION AGREEMENT THIS SUBORDINATION AGREEMENT (“Agreement”), dated as of January 31, 2024, is made and given by CARDINAL ETHANOL, LLC, and Indiana limited liability company (“Junior Creditor”), in favor of FIRST NATIONAL BANK OF OMAHA (together...Subordination Agreement • February 6th, 2024 • Cardinal Ethanol LLC • Industrial organic chemicals
SECOND AMENDED AND RESTATED CONSTRUCTION LOAN AGREEMENT dated as of January 31, 2024 among CARDINAL ETHANOL, LLC and CARDINAL COLWICH, LLC and FIRST NATIONAL BANK OF OMAHAConstruction Loan Agreement • February 6th, 2024 • Cardinal Ethanol LLC • Industrial organic chemicals • Nebraska
REVOLVING CREDIT NOTE $20,000,000 January 31, 2024 For value received, the undersigned, CARDINAL ETHANOL, LLC, an Indiana limited liability company (the “Borrower", promises to pay to the order of FIRST NATIONAL BANK OF OMAHA, a national banking...Revolving Credit Note • February 6th, 2024 • Cardinal Ethanol LLC • Industrial organic chemicals
TERM NOTE $22,000,000.00 January 31, 2024 For value received, the undersigned, CARDINAL COLWICH, LLC, a Kansas limited liability company (“Borrower’’), promises to pay to the order of FIRST NATIONAL BANK OF OMAHA (the “Lender”, which term shall...Term Note • February 6th, 2024 • Cardinal Ethanol LLC • Industrial organic chemicals
20240280 MORT $55.00 1/31/2024 2:20:34 PM 36 PGS Jane A Grove Randolph County Recorder IN Recorded as Presented [Space Above This Line For Recording Data] [CROSS REFERENCE Instrument Numbers 20066145 and 20132845] Cardinal Ethanol, LLC, an Indiana...Second Amended and Restated Construction Loan Mortgage • February 6th, 2024 • Cardinal Ethanol LLC • Industrial organic chemicals • Indiana
FIRST AMENDED AND RESTATED GUARANTY January 31, 2024 TO: FIRST NATIONAL BANK OF OMAHA (“Lender”) The undersigned requests Lender to give, and continue to give, Cardinal Ethanol, LLC, an Indiana limited liability company and Cardinal Colwich, LLC, a...Guaranty • February 6th, 2024 • Cardinal Ethanol LLC • Industrial organic chemicals
