exv10w2



 





Exhibit 10.2




Prepared by:

Paul Kippley, Attorney at Law, ISBA #8317, 110 North Marshall Street, Post Office Box 549, Rock Rapids, IA

51246, 712-472-2567




 





EXTENSION OF OPTION TO PURCHASE




     This Agreement is between Thadd D. Knoblock and Wendy S. Knoblock, husband and wife, Trent
L. Knoblock and Heather M. Knoblock, husband and wife, Troy J. Knoblock and Donna M. Knoblock,
husband and wife, and Travis R. Knoblock and Kathy S. Knoblock, husband and wife, hereinafter
referred to as First Parties and Victory Renewable Fuels LLC, hereafter referred to as Second
Party:



     WHEREAS, the Parties entered into an Option to Purchase on the following described real
estate:




That part of the Southwest Quarter (SW 1/4) of Section Twenty (20), lying West of

the Great Northern Railroad Right-of-Way in Township Ninety-nine (99) North,
 Range
Forty-six (46) West of the 5th P.M., Lyon County, Iowa.



and




     WHEREAS, the Parties desire to extend said Option to Purchase.



     IT IS AGREED as follows:




	 	1.	 	The Option shall be extended until July 1, 2007 unless extended in writing by
the parties.
	 
	 	2.	 	All other terms shall remain the same.
	 
	 	3.	 	The Parties agree to execute a Memorandum of this Agreement to be recorded.





Dated this 29 day of December, 2006.




	 	 	 	 
	/s/ Thadd D. Knoblock

	 	/s/ Wendy S. Knoblock	 
	 

	 	 	 
	Thadd D. Knoblock

	 	Wendy S. Knoblock   	 
	 
	 	 
	/s/ Trent L. Knoblock

	 	/s/ Heather M. Knoblock	 
	 

	 	 
	Trent L. Knoblock  

	 	Heather M. Knoblock	 






 









 





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	/s/ Troy J. Knoblock

	 	/s/ Donna M. Knoblock
	 

	 	 
	Troy J. Knoblock   

	 	Donna M. Knoblock
	 
	 	 
	/s/ Travis R. Knoblock

	 	/s/ Kathy S. Knoblock
	 

	 	 
	Travis R. Knoblock

	 	Kathy S. Knoblock   






FIRST PARTIES




	 	 	 	 	 	 	 	 	 
	VICTORY RENEWABLE FUELS LLC

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	BY:

	/s/ Allen L. Blauwet	 	 	 	 
	 

	 	 	 	 	 
	 

	 	 	 	Its
	 	Pres.
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	BY:
	 	 	 	 	 	 
	 

	 	 	 	 	 
	 

	 	 	 	Its	 	 
	 

	 	 	 	 	 	 





SECOND PARTY




STATE OF IOWA, COUNTY OF LYON, ss:




     On this 29 of December, 2006, before me, the undersigned, a Notary Public in
and for said State, personally appeared Thadd D. Knoblock and Wendy S. Knoblock, husband and wife,
to me known to be the identical persons named in and who executed the foregoing instrument, and
acknowledged that they executed the same as their voluntary act and deed.



	 	 	 	 
	[Stamped: MERLIN MEYER]
	 	 
	[Commission Number 713856]

	 	/s/ Merlin Meyer
	 

	 	 
	[MY COMMISSION EXPIRES]

	 	NOTARY PUBLIC     
	[NOVEMBER 30, 2007]
	 	 






STATE OF IOWA, COUNTY OF LYON, ss:




     On this 29 of December, 2006, before me, the undersigned, a Notary Public
in and for said State, personally appeared Trent L. Knoblock and Heather M. Knoblock, husband and
wife, to me known to be the identical persons named in and who executed the foregoing instrument,
and acknowledged that they executed the same as their voluntary act and deed.



	 	 	 	 
	[Stamped: MERLIN MEYER]
	 	 
	[Commission Number 713856]

	 	/s/ Merlin Meyer
	 

	 	 
	[MY COMMISSION EXPIRES]

	 	NOTARY PUBLIC     
	[NOVEMBER 30, 2007]
	 	 












 





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STATE OF IOWA, COUNTY OF LYON, ss:




     On this 29 of December, 2006, before me, the undersigned, a Notary Public in
and for said State, personally appeared Troy J. Knoblock and Donna M. Knoblock, husband and wife,
to me known to be the identical persons named in and who executed the foregoing instrument, and
acknowledged that they executed the same as their voluntary act and deed.



	 	 	 	 
	[Stamped: MERLIN MEYER]
	 	 
	[Commission Number 713856]

	 	/s/ Merlin Meyer
	 

	 	 
	[MY COMMISSION EXPIRES]

	 	NOTARY PUBLIC     
	[NOVEMBER 30, 2007]
	 	 






STATE OF IOWA, COUNTY OF LYON, ss:



     On this 29 of December, 2006, before me, the undersigned, a Notary Public
in and for said State, personally appeared Travis R. Knoblock and Kathy S. Knoblock, husband and
wife, to me known to be the identical persons named in and who executed the foregoing instrument,
and acknowledged that they executed the same as their voluntary act and deed.



	 	 	 	 
	[Stamped: MERLIN MEYER]
	 	 
	[Commission Number 713856]

	 	/s/ Merlin Meyer
	 

	 	 
	[MY COMMISSION EXPIRES]

	 	NOTARY PUBLIC     
	[NOVEMBER 30, 2007]
	 	 






STATE OF IOWA, COUNTY OF LYON, ss:




     On this 29 of December, 2006, before me, the undersigned, a Notary Public
in and for said State, personally appeared Allen L. Blauwet and                 to me personally known, who
being by me duly sworn [Handwritten: affirmed] did say that the persons are President and                 acknowledged the execution of said instrument to be the voluntary act and deed of
said limited liability company, by it voluntarily executed.



	 	 	 	 
	[Stamped: MERLIN MEYER]
	 	 
	[Commission Number 713856]

	 	/s/ Merlin Meyer
	 

	 	 
	[MY COMMISSION EXPIRES]

	 	NOTARY PUBLIC     
	[NOVEMBER 30, 2007]
	 	 












 






Prepared by: Paul Kippley, 110 N. Marshall St., Rock Rapids, IA 51246 (712) 472-2567




MEMORANDUM OF OPTION TO PURCHASE




     An Extension of Option to Purchase has been granted to Victory Renewable Fuels, LLC, from
Thadd D. Knoblock and Wendy S. Knoblock, husband and wife, Trent L. Knoblock and Heather M.
Knoblock, husband and wife, Troy J. Knoblock and Donna M. Knoblock, husband and wife, and Travis
R. Knoblock and Kathy S. Knoblock, husband and wife, for the following described real estate:




That part of the Southwest Quarter (SW 1/4) of Section Twenty (20), lying West of the
Great
Northern Railroad Right-of-Way in Township Ninety-Nine (99) North, Range Forty-
Six (46)
West of the 5th P.M., Lyon County, Iowa.




A copy of the Option to Acquire can be obtained from Victory Renewable Fuels, LLC.



     This Option automatically lapses on July 1, 2007 unless extended in writing by the parties.
If extended a Memorandum to that effect shall be recorded.



     Dated this 29 day of Dec., 2006.



	 	 	 	 
	/s/ Thadd D. Knoblock

	 	/s/ Wendy S. Knoblock
	 

	 	 
	Thadd D. Knoblock

	 	Wendy S. Knoblock    
	 
	 	 
	/s/ Trent L. Knoblock

	 	/s/ Heather M. Knoblock
	 

	 	 
	Trent L. Knoblock   

	 	Heather M. Knoblock 
	 
	 	 
	/s/ Troy J. Knoblock

	 	/s/ Donna M. Knoblock
	 

	 	 
	Troy J. Knoblock    

	 	Donna M. Knoblock   
	 
	 	 
	/s/ Travis R. Knoblock

	 	/s/ Kathy S. Knoblock
	 

	 	 
	Travis R. Knoblock

	 	Kathy S. Knoblock     






1









 






STATE OF IOWA, COUNTY OF LYON, ss:




     On this 29 of December, 2006, before me, the undersigned, a Notary Public in
and for said State, personally appeared Thadd D. Knoblock and Wendy S. Knoblock, husband and wife,
to me known to be the identical persons named in and who executed the foregoing instrument, and
acknowledged that they executed the same as their voluntary act and deed.



	 	 	 	 
	[Stamped: MERLIN MEYER]
	 	 
	[Commission Number 713856]

	 	/s/ Merlin Meyer
	 

	 	 
	[MY COMMISSION EXPIRES]

	 	NOTARY PUBLIC     
	[NOVEMBER 30, 2007]
	 	 






STATE OF IOWA, COUNTY OF LYON, ss:




     On this 29 of December, 2006, before me, the undersigned, a Notary Public
in and for said State, personally appeared Trent L. Knoblock and Heather M. Knoblock, husband and
wife, to me known to be the identical persons named in and who executed the foregoing instrument,
and acknowledged that they executed the same as their voluntary act and deed.



	 	 	 	 
	[Stamped: MERLIN MEYER]
	 	 
	[Commission Number 713856]

	 	/s/ Merlin Meyer
	 

	 	 
	[MY COMMISSION EXPIRES]

	 	NOTARY PUBLIC     
	[NOVEMBER 30, 2007]
	 	 






STATE OF IOWA, COUNTY OF LYON, ss:




     On this 29 of December, 2006, before me, the undersigned, a Notary Public in
and for said State, personally appeared Troy J. Knoblock and Donna M. Knoblock, husband and wife,
to me known to be the identical persons named in and who executed the foregoing instrument, and
acknowledged that they executed the same as their voluntary act and deed.



	 	 	 	 
	[Stamped: MERLIN MEYER]
	 	 
	[Commission Number 713856]

	 	/s/ Merlin Meyer
	 

	 	 
	[MY COMMISSION EXPIRES]

	 	NOTARY PUBLIC     
	[NOVEMBER 30, 2007]
	 	 






STATE OF IOWA, COUNTY OF LYON, ss:




     On this 29 of December, 2006, before me, the undersigned, a Notary Public
in and for said State, personally appeared Travis R. Knoblock and Kathy S. Knoblock, husband and
wife, to me known to be the identical persons named in and who executed the foregoing instrument,
and acknowledged that they executed the same as their voluntary act and deed.



	 	 	 	 
	[Stamped: MERLIN MEYER]
	 	 
	[Commission Number 713856]

	 	/s/ Merlin Meyer
	 

	 	 
	[MY COMMISSION EXPIRES]

	 	NOTARY PUBLIC     
	[NOVEMBER 30, 2007]
	 	 







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