**Exhibit 10.2**

Loan Number: 137504
| W.B.A. GP 4487  (4/04)      11200 | Boxes not checked are  inapplicable |
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©2004 Wisconsin Bankers Association/Distributed by FIPCO®

**TERM CREDIT AGREEMENT**

(Business Loans)

United WisconsinGrain Producers, LLC

The above namedcustomer (“Customer,” whether one or more) agrees with Farmer’s &Merchants Union Bank, 159 W. James Street, PO Box 226, Columbus, WI 53925 (“Lender”)as follows:

**1. Term Loan.  **Check (a) or (b); only oneshall apply)

**(a)  Single Note;Multiple Advances.**x****If checked here, Customer requests that Lender lendto Customer from time to time such amounts as Customer may request, in accordance with this Agreement (the “Loan”),and subject to the terms of this Agreement, Lender agrees to lend such amountsup to the aggregate amount advanced of $n/a      (the“Credit Limit) in one or more advances beforen/a                                                                           .  Customer’sobligation to repay the Loan shall be evidenced by a promissory note (the “Note”)in substantially the form of Exhibit A attached to this Agreement with blanks appropriately filled in andpayable to the order of Lender; provided that Customer shall only be obligatedto pay amounts which Lender has advanced. Amounts advanced to Customerand repaid to Lender may not be reborrowed by Customer under this Agreement.

**(b)  MultipleNotes; Multiple Advances.**oIf checked here, and inconsideration of extensions of credit from Lender to Customer from time totime, Lender and Customer agree that sections 4 through 19 of this Agreementshall apply to each such extension of credit unless evidenced by a documentwhich states it is not subject to this Agreement. The term “Loan” includes allsuch extensions of credit. The term “Note” includes each promissory note evidencing Customersobligation to repay an extension of Credit. This Agreement does not constitutea commitment by Lender to make such extensions of credit to Customer.

**2.Loan Procedures.**Customer may obtain advances of the Loanunder this Agreement by giving Lender at least ___ business days’ prior notice of any advance requested, specifying thedate and amount of the advance. Lender will make the funds available toCustomero by crediting the amount of the advance toCustomers account (Account No.______) with Lender oby_______. Each advance whichis less than the remaining amount available to Customer under this Agreement shallbe in an amount of not less than $_____.o Lenders obligation to make each advance is subject to the furthercondition that Lender shall have received a certificate signed byCustomer, dated the date of the request for the advance and stating that therepresentations and warranties in section 4 are true and correct as of the dateof the request and that no event of default has occurred and is continuing orwould result from such advance.

**3. Conditions to Loan.**Lender’sobligation to make the initial advance of the Loan is subject to thesatisfaction of the following conditions:

(a)     Lender shall have receivedthe Note duly executed by Customer.

(b) x Lender shall have received the following securitydocuments and the additional security documents described on Exhibit B, if any(the “Security Documents”), dulyexecuted, all accompanied by the appropriate financing statements:  Real Estate Mortgage, General  Business Security Agreement and Revolving Credit Agreement.

(c) Lender shall have received copies:

o       certified by the Secretary of Customer of thearticles of incorporation and bylaws of Customer, and resolutions of the Boardof Directors of Customer authorizing the issuance, execution anddelivery of this Agreement, the Note and the Security Documents, if any;

o       certified by ageneral partner of Customer of the partnership agreement of Customer, and anauthorization signed by all of the general partners of Customer authorizing theissuance, execution and delivery of this Agreement, the Note and the SecurityDocuments, if any;

x   certifiedby a member or manager of Customer, as appropriate, of the articles oforganization and operating agreement of Customer, and an authorization signed by a member or manager ofCustomer, as

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appropriate,authorizing the issuance, execution and delivery of this Agreement, theNote and the Security Documents, if any;

o   certified by a trusteeregarding the existence, name and other matters pertaining to the Customer ifit is a trust, and an authorization signed by all trustees of Customerauthorizing the issuance, execution and delivery of this Agreement and theSecurity Documents, if any; 

and a certification of the names and titles of the representatives ofCustomer authorized to sign this Agreement, the Note and the Security Documents,if any, together with true signatures of such representatives, and of suchother matters as Lender may reasonably request.

(d) oLender shall have received a statement of sole ownershipexecuted by the sole proprietor.

(e)    oLender shall have receivedthe following additional documentation executed by the trust and/or trustee: n/a.

(f)      oLender shall have received from counsel for Customer afavorable opinion satisfactory to Lender covering the matters described in sections 4(c) and 4(d), 4(e), 4(f) or 4(g), asapplicable, and 4(k) of this Agreement and such other matters as Lender mayreasonably request.

(g)oLender shall have received aguaranty of payment of the Loan duly executed byn/aon WBA form   .

(h) All proceedings taken by Customer in connection with the Loan, theSecurity Documents and other documents provided to Lender shall be satisfactoryto Lender and Lender shall have received copies of all documents reasonablyrequired by it.

**4**. **Representationsand Warranties**. Customer represents and warrants to Lender that onthe date of each advance of the Loan:

(a)               No part of the Loanwill be used for personal, family or, household purposes.

(b)              Customer will notuse**any part of the proceeds ofthe Loan to purchase or carry any margin stock within the meaning of RegulationU of the Board of Governors of the Federal Reserve System.

(c)               The execution and delivery of this Agreement, theNote and the Security Documents, and the performance by Customer of itsobligations under this Agreement, theNote and the Security Documents, are within its power, have been dulyauthorized by proper action on the part of Customer, are not in violation of any existing law, rule or regulation,any order, authorization or decision of any court, the articles of incorporation,bylaws, articles of organization, operating agreement, partnership agreement,trust agreement or other governing documents of Customer, as applicable, or theterms of any agreement or restriction to which Customer is a party or by whichit is bound, and do not require the approval or consent of any person orentity. This Agreement, the Note and the Security Documents, when executed anddelivered, will constitute the valid and binding obligations of Customerenforceable in accordance with their terms.

(d)               oCustomer is a corporation legally organized, validly existing and in goodstanding under the laws of the State of  n/aand is duly qualified to do business and is in good standing in everyjurisdiction in which the nature of its business or its ownership of propertiesrequires such qualification.

(e)                oCustomer is a n/a partnership legally organized, validly existing and ingood standing under the laws of the State of    n/a.

(f)                  xCustomer is a limited liability company legally organized, validly existing andin good standing under the laws of the State of Wisconsin and is duly qualifiedto do business and is in good standing in every jurisdiction in which thenature of its business or its ownership of property requires suchqualification.

(g)               oCustomer is a o testamentarytrust n/a (Probate Caption and File Number)orevocable living trust o irrevocableliving trust n/a (Name and Address of Trust) validly existing under thelaws of the State of n/a and the trust has not been revoked or terminated.

(h)               Customer’sexact legal name is set forth following Section 19 below.

(i)                   Ifthe Customer is an individual, the address of Customer’s principal residence isas set forth below Section t9. If Customer is an organization that has only oneplace of business, the address of Customer’s place of business, or if Customerhas more than one place of business, then the address of Customer’s chiefexecutive office, is as set forth below Section 19.

(j)        All financial statements of Customer furnished toLender were prepared in accordance with

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generallyaccepted principles of accounting consistently applied throughout theperiods involved and are correct and complete as of their dates.

(k)     (i) There is no substance which has been, is orwill be present, used, stored, deposited, treated, recycled or disposed of on,under, in or about any real estate nowor at any time owned or occupied by Customer (“Property”) during the period ofCustomer’s ownership or use of theProperty in a form, quantity or manner which if known to be present on, under,in or about the Property would require clean-up, removal or some other remedial action (“Hazardous Substance”) under anyfederal, state or local laws, regulations, ordinances, codes or rules (“Environmental Laws”); (ii) Customer has noknowledge, after due inquiry, of any prior use or existence of any HazardousSubstance on the Property by anyprior owner of or person using the Property; (iii) without limiting thegenerality of the foregoing, Customer has no knowledge, after due inquiry, that the Property contains asbestos,polychlorinated biphenyl components (PCBs) or underground storage tanks; (iv) there are no conditions existingcurrently or likely to exist during the term of this Agreement which wouldsubject Customer to any damages,penalties, injunctive relief or clean-up costs in any governmental orregulatory action or third-party claim relating to any Hazardous Substance; (v) Customer is not subject toany court or administrative proceeding, judgment, decree, order or citationrelating to any Hazardous Substance; and (vi) Customer in the past hasbeen, at the present is, and in the future will remain in compliance with allEnvironmental Laws. Customer shall indemnify and hold harmless Lender, itsdirectors, officers, employees and agents from all loss, cost (including reasonable attorneys’ fees and legalexpenses), liability and damage whatsoever directly or indirectly resultingfrom, arising out of, or based upon(1) the presence, use, storage, deposit, treatment, recycling or disposal, atany time, of any Hazardous Substance describedabove on, under, in or about the Property, or the transportation of anyHazardous Substance to or from the Property, (2) the violation or alleged violation of any EnvironmentalLaw, permit, judgment or license relating to the presence, use, storage,deposit, treatment, recycling or disposal of any Hazardous Substance on,under, in or about the Property, or the transportation of any Hazardous Substance to or from the Property, (3) theimposition of any governmental lien for the recovery of environmental clean-upcosts expended under anyEnvironmental Law, or (4) breach of this representation or warranty. Customershall immediately notify Lender in writing of any governmental or regulatory action or third-partyclaim instituted or threatened in connection with any Hazardous Substance on,in, under or about the Property.

(l)       There is no litigation or administrativeproceeding pending or, to the knowledge of Customer, threatened againstCustomer which might result in any material adverse change in thebusiness or condition of Customer.

(m) There are no unpaid wages dueemployees of Customer and there are no outstanding liens against assets ofCustomer for unpaid wages due employees of Customer.

**5.            CapitalAdequacy.**If Lender shalldetermine that any existing or future law, rule, regulation, directive,interpretation, treaty or guideline regardingcapital adequacy (whether or not having the force of law) increases or wouldincrease, from that required on the date of this Agreement, the amount of capital required or expected to be maintained byLender, or any corporation controlling Lender, and if such increase is based upon the existence of Lender’s obligationsunder this Agreement and other commitments of this type, then from time totime, within ten days after demandfrom Lender, Customer shall pay to Lender such amount or amounts as willcompensate Lender for expenses or costs required to meet such increased capitalrequirement. For purposes of calculating the amount of compensation required,Lender, or any corporation controllingLender, may conclusively be deemed to have maintained the minimum amount ofcapital required on the date of this Agreement,and may base such compensation on the assumption that Lender (or suchcorporation) will need to increase its capital from such minimum amount to thenew required amount. The determination of any amount to be paid by Customerunder this section shall take into consideration the policies of Lender, or anycorporation controlling Lender, with respect to capital adequacy and shall bebased upon any reasonable method ofattribution. A certificate of Lender setting forth such amount or amounts asshall be necessary to compensate Lender as specified in this sectionshall be delivered to Customer and shall be conclusive absent manifest error.

**6.            Interest****Rate.**Customeragrees to pay interest to Lender on the unpaid principal balance

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outstanding from time to time on the Loan in accordance with theNote.

**7.           ****Payment Schedule.**Customeragrees to pay to Lender the unpaid principal balance and interest in accordancewith the Note.

**8.           ****Covenants.**Customershall, so long as any amounts remain unpaid:

(a)Furnish to Lender, as soon as available, such financial information respectingCustomer as Lender from time to time requests, and without requestfurnish to Lender:

(i)Within 120                 days after the end of each fiscal year ofCustomer a balance sheet of Customer as of the close of such fiscal year and related statements of income and retained earnings and cash flow forsuch year all in reasonable detail and satisfactory in scope to Lender, prepared in accordance with generallyaccepted principles of accounting applied on a consistent basis, either o (1) o compiled o reviewed x** **audited by an independent certifiedpublic accountant acceptable to Lender, or o (2) certified by thechief financial representative of Customer, and

(ii)Within 30                                                                daysafter the end of each consecutive month a balance sheet of Customer asof the end of such month and related statementsof income and retained earnings and cash flow for the period from the beginningof the fiscal year to the end of such month, prepared in accordance with generally accepted principles of accountingapplied on a consistent basis, certified, subject to normal year-end adjustments,by an officer or partner of Customer.

Customer shall furnish toLender such reports regarding the payment of wages to employees of Customer andthe number of employees of Customer asLender may from time to time request, and without request shall furnish toLender a written report immediately upon any material increase in the number of employees of Customer, thefailure of Customer to pay any wages when due to employees of Customer or the impositionof any lien against the assets of Customer for unpaid wages due employees ofCustomer.

(b)Keep complete and accurate books of records and accounts and permit any representativesof Lender to examine and copy any of the books and to visit and inspectany of Customer’s tangible or intangible properties as often as desired.

(c) Maintain insurance coverage in the form (together with any lender’sloss payee clause requested by Lender), amounts and with companies which would be carried by prudent management inconnection with similar businesses engaged in similar activities in similargeographic areas. Without limiting this section or the requirements ofany Security Document, Customer will [a] keep all its physical property insuredagainst fire and extended coverage risks in amounts and with deductibles atleast equal to those generally maintained by businesses engaged in similaractivities in similar geographic areas, [b] maintain all such workers’compensation and similar insurance as may be required by law and [c] maintain,in amounts and with deductibles at least equal to those generally maintained bybusinesses engaged in similar activities in similar geographic areas, generalpublic liability insurance against claims for bodily injury, death or propertydamage occurring on, in or about the properties of Customer, businessinterruption insurance and product liability insurance.

(d)         Pay anddischarge all lawful taxes, assessments and governmental charges upon Customeror against its properties prior to the date on which penalties attach,unless and to the extent only that such taxes, assessments and charges arecontested in good faith and by appropriate process by Customer.

(e)      Do all thingsnecessary to maintain its existence, to preserve and keep in full force andeffect its rights and franchises necessary to continue its business andcomply with all applicable laws, regulations and ordinances.

(f)Timely perform and observe the following financial covenants, all calculated inaccordance with generally accepted principles of accounting applied on aconsistent basis:

(i)     oMaintain at all times an excess of current assets over current liabilities ofnot less than $____.

(ii)    x Maintain at all times a tangible net worth of not less than $ 24,000,000.00         .

(iii)   oNot make any expenditures for fixed or capital assets which would cause

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the aggregate of all such expenditures to exceed _________during any fiscal year.

(iv)  oMaintain at all times a ratio of current assets to currentliabilities of not less than ______ to one.

(v)  o Maintain at all timesa ratio of total liabilities to tangible net worth of not greater than______  to one.

(vi)o____________________________.

(g)  Not create or permit to exist any lien orencumbrance with respect to Customer’s properties, except liens in favor ofLender, liens for taxes if they are being contested in good faith byappropriate proceedings and for which appropriate reserves are maintained,liens or encumbrances permitted under any Security Document and see attached ExhibitD (if left blank, no other permitted liens or encumbrances).

(h)Not take any action or permit any event to occur which materially impairsCustomer’s ability to make payments under this Agreement when due. Such eventsinclude without limitation, the fact that Customer, Customer’s spouse or anysurety for Customer’s obligations under this Agreement or the Note ceases toexist, dies, changes marital status or domicile or becomes insolvent or thesubject of bankruptcy or insolvency proceedings or that any guaranty ofCustomers obligations under this Agreement is revoked or becomes unenforceablefor any reason.

(i) Not change its type of organization or state underwhose law it is organized as represented in Section 4(d), (e) or (f) and shallpreserve its organizational existenceand shall not, in one transaction or in a series of related transactions, mergeinto or consolidate with any other organization, change its legalstructure or sell all or substantially all of its assets.

(j)Not change its legal name without providing at least 30 days prior writtennotice of the change to Lender.

(k)Not change its address without providing at least 30 days prior written noticeof the change to Lender.

(I)Timely perform all duties and responsibilities imposed on Customer underSection 4(k).

(m)    Customer shallpay all wages when due employees of Customer and shall not permit any lien toexist against the assets of Customer for unpaid wages due employees ofCustomer.

(n)         x Unless otherwise consented to in writingby Lender, timely perform and observe all additional covenants described onExhibit C.

**9.                  SecurityInterest.** The Note issecured by all existing and future security agreements, assignments andmortgages from Customer to Lender, from any guarantor of this Agreement or the Note to Lender, and from anyother person to Lender providing collateral security for Customer’sobligations, and payment of the Loan may be accelerated according to anyof them. Unless a lien would be prohibited by law or would render a nontaxableaccount taxable, Customer also grants toLender a security interest and lien in any deposit account Customer may at anytime have with Lender. Lender may at any time after the occurrence of an eventof default set-off any amount unpaid under the Note against any depositbalances or other money now or hereafter owed to Customer by Lender.

**10.                  Defaultand Acceleration.**Upon theoccurrence of any one or more of the following events of default: (a) Customerfails to pay any amount when due under this Agreement or the Note or under anyother instrument evidencing any indebtedness of Customer, (b) anyrepresentation or warranty made under this Agreement or information provided byCustomer in connection with this Agreement is or was false or fraudulent in anymaterial respect, (c) a material adverse change occurs in Customer’sfinancial condition, (d) Customer fails to timely observe or perform any of thecovenants or duties contained in thisAgreement or the Note, (e) any guaranty of Customer’s obligations under theNote is revoked or becomes unenforceablefor any reason or any such guarantor dies, ceases to exist, or becomes thesubject of any bankruptcy or insolvency proceeding, or (f) an event ofdefault occurs under any Security Document or the Note;

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then,at Lender’s option, and upon written or verbal notice to Customer, Lender’sobligation to make the Loan under this Agreement shall terminate and the total unpaid balance shall becomeimmediately due and payable without presentment, demand, protest, or furthernotice of any kind, all of which are hereby expressly waived by Customer.Lender’s obligation to make loans under this Agreement shall automaticallyterminate and the total unpaid balance shall automatically become due andpayable in the event Customer becomes the subject of bankruptcy or other insolvency proceedings. Lender may waive anydefault without waiving any other subsequent or prior default. Customer agreesto pay Lenders costs of administration of this Agreement. Customer also agreesto pay all costs of collection before and after judgment, including reasonable attorneys’fees (including those incurred in successful defense or settlement of anycounterclaim brought by Customer or incident to any action or proceedinginvolving Customer brought pursuant to the United States Bankruptcy Code).

**11.                 Venue.**To the extent not prohibited by law, venue for anylegal proceeding relating to enforcement of this Agreement or the Note shallbe, at Lender’s option, the county in which Lender has its principal office inthis state, the county in which Customer resides, or the county in which thisAgreement was executed by Customer.

**12.                  Indemnification.**Customer agreesto defend, indemnify and hold harmless Lender, its directors, officers,employees and agents, from and against anyand all loss, cost, expense, damage or liability (including reasonableattorneys’ fees) incurred in connection with any claim, counterclaim or proceedingbrought as a result of, arising out of or relating to any transaction financedor to be financed, in whole or in part, directly or indirectly, with theproceeds of any Loan or the entering into and performance of this Agreement orany document or instrument relating to this Agreement by Lender or the activities of Customer. Thisindemnity will survive termination of this Agreement, the repayment of the Loanand the discharge and release of any Security Documents.

**13.                 Amendment.** No amendment, modification, termination or waiverof any provision of this Agreement shall in any event be effective unless it isin writing and signed by Lender, and then such waiver or consent shallbe effective only in the specific instance and for the specific purposes for whichgiven.

**14.                 EntireAgreement.**This Agreement,including the Exhibits attached or referring to it, the Note and the SecurityDocuments, are intended by Customer and Lender as a final expression oftheir agreement and as a complete and exclusive statement of its terms, therebeing no conditions to the full effectiveness of their agreement except as setforth in this Agreement, the Note and the Security Documents.

**15.               NoWaiver; Remedies.**Nofailure on the part of Lender to exercise, and no delay in exercising, anyright, power or remedy under this Agreement shall operate as a waiver ofsuch right, power or remedy; nor shall any single or partial exercise of anyright under this Agreement preclude any other or further exercise of the rightor the exercise of any other right. The remedies provided in this Agreement arecumulative and not exclusive of any remedies provided by law.

**16.               Notice.** Except as otherwise provided in this Agreement,all notices required or provided for under this Agreement shall be in writingand mailed, sent or delivered, if toCustomer, at any Customer’s last known address as shown on the records ofLender, and if to Lender, at its address shown below, or, as to eachparty, at such other address as shall be designated by such party in a writtennotice to the other party. All such notices shall be deemed duly given when delivered by hand or courier, or three businessdays after being deposited in the mail (including any private mail service), postageprepaid.

**17.               Persons Bound**. Each of the undersigned Customers is jointly andseverally liable for all Loans and other obligations under this Agreement. ThisAgreement shall be binding upon andinure to the benefit of Lender and Customer and their respective heirs,personal representatives, successors and assigns except that Customermay not assign or transfer any of Customer’s rights under this Agreementwithout the prior written consent of Lender.

**18.            Interpretation.**The validity, construction and enforcement of thisAgreement are governed by the internal laws of Wisconsin except to the extent such laws are preempted by federallaw. Invalidity of any provision of this Agreement shall not affect thevalidity of any other provisions of this Agreement.

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**19.               OtherProvisions.**(If no other provisions are stated below, there are noother provisions.)

Therepresentations and warranties contained in paragraph 4.(k) shall not apply toCustomer’s production of Ethanol, Distiller’s Grain, Carbon Dioxide and such other products as are standardin Customer’s line of business; and, that Customer’s production of suchproducts shall not be considered an event of default.

Dated as of May 25, 2006.
|                                                                                                                                                                                                                                 |   |   |   | United Wisconsin Grain  Producers, LLC     (SEAL)                                                                                                                                                                |
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|                                                                                                                                                                                                                            |   |   |   | A Wisconsin Limited  Liability Company                                                                                                               |
|                                                                                                                                                                                                                            |   |   |   | (Type of  Organization)                                                                                                                                                                                                                   |   |
| Farmers & Merchants Union  Bank       (SEAL)                                                                                                                                             |   |   |   | By: /s/ Barb  Bontrager                                  (SEAL) |
| By:  /s/ Rebecca J. Schulz                                 |   |   |   |   Barb Bontrager, Chief Financial Officer                                                                                                                                                                                       |   |   |
| Rebecca J. Schulz                                                                                                                                                                                                               |   |   |   |                                                                                                                                                                                                                                      |   |   |
| Loan Officer (Title)                                                                                                                                                                                                            |   |   |   | PO Box 247                                                                                                                                                                                                                                |   |   |
| 159 W. James Street, PO Box 226                                                                                                                                                                                                 |   |   |   | Friesland, WI 53935                                                                                                                                                                                                                       |   |   |
| Columbus, WI 53925                                                                                                                                                                                                              |   |   |   | (Customer’s Address)                                                                                                                                                                                                                 |   |   |
| (Lender’s Address)                                                                                                                                                                                                         |   |   |   |                                                                                                                                                                                                                                      |   |   |

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EXHIBIT C

This Exhibit C is a part of theTerm Credit Agreement between United Wisconsin Grain Producers, LLC (“Customer”) and Farmers & Merchants UnionBank, Columbus, Wisconsin (“Lender”) dated May 25, 2006.

Customer shall timely perform and observe the following financialcovenants, which if applicable shallbe calculated in accordance with generally accepted accounting principlesapplied on a consistent basis:

A)                                        Maintaina minimum tangible net worth of $24,000,000.00 measured monthly.

B)                                          Increaseminimum tangible net worth annually by an amount equal to retained earnings or$500,000.00, whichever is smaller, measured annually, utilizing the auditedfinancial statement.

C)                                         Owner’sequity is to be at least 45% continuously, measured monthly.

D)                                        Maintaina minimum working capital position of $4,000,000.00, measured monthly. Minimumworking capital position shall be defined as(current assets + available line of credit availability) minus (currentliabilities + current advanced portion of line of credit) measuredmonthly.

E)                                          Limit annual capital expenditures to less than orequal to $1,000,000 without Farmers & Merchants Union Bank’s writtenapproval, measured monthly.

F)                                          Borrowermust obtain Lender consent prior to making dividends/distributionsexceeding 65% of the previous year’s net income, excluding state and federalincentive payments accrued and/or received, measured annually.

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EXHIBIT D

This Exhibit D is a part of the Term Credit Agreementbetween United Wisconsin Grain Producers, LLC (“Customer”) and Farmers &Merchants Union Bank, Columbus, Wisconsin (“Lender”) dated May 25, 2006.

Section 8 item (G): Customer shallnot create or permit to exist any line or encumbrance with respect to Customer’s properties, except liens in favorof Lender, liens for taxes if they are being contested in good faith byappropriate proceedings and for whichappropriate reserves are maintained, liens or encumbrances permitted under any SecurityDocument and:

·                  UCC Filing 050009431724 to Wisconsin Department ofTransportation for rails, ties, and ballast connected to Union PacificRailroad.

·                  UCCFiling 050008688636 to Caterpillar Financial Services Corporation for a Caterpillar 924G Wheel Loader SIN DDA01867 as wellas any substitutions, replacements,additions or accessions thereto, now owned or hereafter acquired and proceeds thereof

·                  UCCFiling 050006422317 to Caterpillar Financial Services Corporation for a Caterpillar 924G Wheel Loader SIN DDA01866 as wellas any substitutions, replacements,additions or accessions thereto, now owned or hereafter acquired andproceeds thereof.

·                  Subordinate Security Agreement in the amount of$100,000.00 to Fagen, Inc. (BuildingContractor) for completion of work on UWGP. Payment to be made from UWGPto Fagen, Inc.

·                  Financingprovided by Ag Star Financial Services for a rail shuttle wagon.

 

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