**Exhibit 10.18****FOR RECORDER’S USE ONLY****Prepared By: Bradley Krehbiel, Executive Vice President, Home Federal Savings Bank, 1016Civic Center Dr NW Suite 300, Rochester, MN 55901, (507) 252-7163****ADDRESS TAX STATEMENT:****Home Federal Savings Bank, Business Banking, 1016 Civic Center Dr NW Suite 300, Rochester,MN 55901****RECORDATION REQUESTED BY:****Home Federal Savings Bank, Business Banking, 1016 Civic Center Dr NW Suite 300, Rochester,MN 55901****WHEN RECORDED MAIL TO:****Home Federal Savings Bank, Business Banking, 1016 Civic Center Dr NW Suite 300, Rochester,MN 55901****ASSIGNMENT OF RENTS**The names of all Grantors (sometimes “Grantor”) can be found on page 1 of this Assignment. Thenames of all Grantees (sometimes “Lender”) can be found on page 1 of this Assignment. The propertyaddress can be found on page 1 of this Assignment. The legal description can be found on page 1 ofthis Assignment.**THIS ASSIGNMENT OF RENTS dated March 23, 2007, is made and executed between Homeland EnergySolutions, LLC, an Iowa Limited Liability Company (referred to below as “Grantor”) and Home FederalSavings Bank, whose address is 1016 Civic Center Dr NW Suite 300, Rochester, MN 55901 (referred tobelow as “Lender”).****ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing securityinterest in, and conveys to Lender all of Grantor’s right, title, and interest in and to the Rentsfrom the following described Property located in Chickasaw County, State of Iowa:****See Exhibit A, which is attached to this Assignment and made a part of this Assignment as iffully set forth herein.****The Property or its address is commonly known as IA.**
 
 

 
**ASSIGNMENT OF RENTS****Loan No: 3787** **(Continued)** **Page 2****CROSS-COLLATERALIZATION.**In addition to the Note, this Assignment secures all obligations, debtsand liabilities, plus interest thereon, of Grantor to Lender, or any one or more of them, as wellas all claims by Lender against Grantor or any one or more of them, whether now existing orhereafter arising,whether related or unrelated to the purpose of the Note, whether voluntary or otherwise, whetherdue or not due, direct or indirect, determined or undetermined, absolute or contingent, liquidatedor unliquidated, whether Grantor may be liable individually or jointly with others, whetherobligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon suchamounts may be or hereafter may become barred by any statute of limitations, and whether theobligation to repay such amounts may be or hereafter may become otherwise unenforceable.**FUTURE ADVANCES.**In addition to the Note, this Assignment secures all future advances made byLender to Grantor whether or not the advances are made pursuant to a commitment. Specifically,without limitation, this Assignment secures, in addition to the amounts specified in the Note, allfuture amounts Lender in its discretion may loan to Grantor, together with all interest thereon.**THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY ANDALL OBLIGATIONS OF GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. THISASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:****PAYMENT AND PERFORMANCE.**Except as otherwise provided in this Assignment or any Related Documents,Grantor shall pay to Lender all amounts secured by this Assignment as they become due, and shallstrictly perform all of Grantor’s obligations under this Assignment. Unless and until Lenderexercises its right to collect the Rents as provided below and so long as there is no default underthis Assignment, Grantor may remain in possession and control of and operate and manage theProperty and collect the Rents, provided that the granting of the right to collect the Rents shallnot constitute Lender’s consent to the use of cash collateral in a bankruptcy proceeding.**GRANTOR’S REPRESENTATIONS AND WARRANTIES.**Grantor warrants that:**Ownership.**Grantor is entitled to receive the Rents free and clear of all rights, loans, liens,encumbrances, and claims except as disclosed to and accepted by Lender in writing.**Right to Assign.**Grantor has the full right, power and authority to enter into this Assignmentand to assign and convey the Rents to Lender.No Prior Assignment. Grantor has not previously assigned or conveyed the Rents to any otherperson by any instrument now in force.**No Further Transfer.**Grantor will not sell, assign, encumber, or otherwise dispose of any ofGrantor’s rights in the Rents except as provided in this Assignment.**LENDER’S RIGHT TO RECEIVE AND COLLECT RENTS.**Lender shall have the right at any time, and eventhough no default shall have occurred under this Assignment, to collect and receive the Rents. Forthis purpose, Lender is hereby given and granted the following rights, powers and authority:**Notice to Tenants.**Lender may send notices to any and all tenants of the Property advising themof this Assignment and directing all Rents to be paid directly to Lender or Lender’s agent.**Enter the Property.**Lender may enter upon and take possession of the Property; demand, collectand receive from the tenants or from any other persons liable therefor, all of the Rents;institute and carry on all legal proceedings necessary for the protection of the Property,including such proceedings as may be necessary to recover possession of the Property; collectthe Rents and remove any tenant or tenants or other persons from the Property.**Maintain the Property.**Lender may enter upon the Property to maintain the Property and keep thesame in repair; to pay the costs thereof and of all services of all employees, including theirequipment, and of all continuing costs and expenses of maintaining the Property in proper repairand condition, and also to pay all taxes, assessments and water utilities, and the premiums onfire and other insurance effected by Lender on the Property.**Compliance with**Laws. Lender may do any and all things to execute and comply with the laws of theState of Iowa and also all other laws, rules, orders, ordinances and requirements of all othergovernmental agencies affecting the Property.
 
 

 
**ASSIGNMENT OF RENTS****Loan No: 3787** **(Continued)** **Page 3****Lease the Property.**Lender may rent or lease the whole or any part of the Property for such termor terms and on such conditions as Lender may deem appropriate.**Employ Agents.**Lender may engage such agent or agents as Lender may deem appropriate, either inLender’s name or in Grantor’s name, to rent and manage the Property, including the collection andapplication of Rents.**Other Acts.**Lender may do all such other things and acts with respect to the Property as Lendermay deem appropriate and may act exclusively and solely in the place and stead of Grantor and tohave all of the powers of Grantor for the purposes stated above.**No Requirement to**Act. Lender shall not be required to do any of the foregoing acts or things,and the fact that Lender shall have performed one or more of the foregoing acts or things shallnot require Lender to do any other specific act or thing.**APPLICATION OF RENTS.**All costs and expenses incurred by Lender in connection with the Propertyshall be for Grantor’s account and Lender may pay such costs and expenses from the Rents. Lender,in its sole discretion, shall determine the application of any and all Rents received by it;however, any such Rents received by Lender which are not applied to such costs and expenses shallbe applied to the Indebtedness. All expenditures made by Lender under this Assignment and notreimbursed from the Rents shall become a part of the Indebtedness secured by this Assignment, andshall be payable on demand, with interest at the Note rate from date of expenditure until paid.**FULL PERFORMANCE.**If Grantor pays all of the Indebtedness when due and otherwise performs all theobligations imposed upon Grantor under this Assignment, the Note, and the Related Documents, Lendershall execute and deliver to Grantor a suitable satisfaction of this Assignment and suitablestatements of termination of any financing statement on file evidencing Lender’s security interestin the Rents and the Property. Any termination fee required by law shall be paid by Grantor, ifpermitted by applicable law.**NO OBLIGATION OF LENDER.**The assignment and security interest granted in this Assignment shall notbe deemed or construed to constitute Lender as a mortgagee or trustee in possession of theProperty, to obligate Lender to lease the Property or to attempt to do so, or to take any action,incur any expense or perform or discharge any obligation, duty or liability whatsoever under any ofthe leases or otherwise.**LENDER’S EXPENDITURES.**If any action or proceeding is commenced that would materially affectLender’s interest in the Property or if Grantor fails to comply with any provision of thisAssignment or any Related Documents, including but not limited to Grantor’s failure to discharge orpay when due any amounts Grantor is required to discharge or pay under this Assignment or anyRelated Documents, Lender on Grantor’s behalf may (but shall not be obligated to} take any actionthat Lender deems appropriate, including but not limited to discharging or paying all taxes, liens,security interests, encumbrances and other claims, at any time levied or placed on the Rents or theProperty and paying all costs for insuring, maintaining and preserving the Property. All suchexpenditures incurred or paid by Lender for such purposes will then bear interest at the ratecharged under the Note from the date incurred or paid by Lender to the date of repayment byGrantor. All such expenses will become a part of the Indebtedness and, at Lender’s option, will (A)be payable on demand; (B) be added to the balance of the Note and be apportioned among and bepayable with any installment payments to become due during either (1) the term of any applicableinsurance policy; or (2) the remaining term of the Note; or (C) be treated as a balloon paymentwhich will be due and payable at the Note’s maturity. The Assignment also will secure payment ofthese amounts. Such right shall be in addition to all other rights and remedies to which Lender maybe entitled upon Default.**DEFAULT.**Each of the following, at Lender’s option, shall constitute an Event of Default under thisAssignment:**Payment Default.**Grantor fails to make any payment when due under the Indebtedness.