Security Agreement will be included as
Collateral whether it is owned jointly by all Debtors or is owned in whole or in
part by any one or more of them.
Section 13.
Governing Law.
THIS SECURITY AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF MINNESOTA (WITHOUT REFERENCE TO THE
CHOICE OF LAW PRINCIPLES THEREOF).
Section 14.
Waiver of Jury Trial.
EACH OF THE DEBTOR, THE SECURED PARTY AND THE BANKS
IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR
COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS SECURITY AGREEMENT OR ANY OTHER
LOAN DOCUMENT TO WHICH IT IS A PARTY OR ANY INSTRUMENT OR DOCUMENT DELIVERED
THEREUNDER.
[SIGNATURE PAGE TO FOLLOW]
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SIGNATURE PAGE
TO
SECURITY AGREEMENT
EXECUTED BY
GREEN PLAINS ORD LLC
AND
GREEN PLAINS HOLDINGS LLC
DATED: July 2, 2009
THE DEBTOR REPRESENTS, CERTIFIES, WARRANTS, AND AGREES THAT THE DEBTOR HAS READ
ALL OF THIS SECURITY AGREEMENT AND UNDERSTANDS ALL OF THE PROVISIONS OF THIS
SECURITY AGREEMENT.
IN WITNESS WHEREOF, the Debtor has caused this Security Agreement to be executed
and delivered by its duly authorized officer as of the day and year first above
written.
DEBTOR:
GREEN PLAINS ORD LLC,
a Delaware limited liability company
_________________________________________
Address: 1545 M. Street
Ord, Nebraska
68862
Telephone: (402) 884-8700
and,
GREEN PLAINS HOLDINGS LLC,
a Delaware limited liability company
_________________________________________
Address: 1545 M. Street
Ord, Nebraska
68862
Telephone: (402) 884-8700
7