Loan Closing; Option Sample Contracts

LOAN CLOSING; OPTION AND PURCHASE AGREEMENT
Loan Closing; Option • March 26th, 2007 • Highwater Ethanol LLC • Industrial organic chemicals • Minnesota

WHEREAS, Granite Falls Bank (“Granite Falls Bank”) is willing to lend $800,000.00 to Highwater Ethanol, LLC (“Highwater”) so that Highwater can purchase real estate from “Halter” and “Imker” as further described on Exhibits “A” and “B” as attached hereto and made a part hereof provided that:

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