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202406658 GUARANTY AGREEMENT c-emlxr ?-1 , 2024 1. FOR VALUE RECEIVED, the undersigned, Scott Rief (the "Guarantor"), hereby unconditionally, absolutely and irrevocably guarantees pursuant to this Guaranty Agreement (the "Guaranty"), the prompt payment when due to Central Nebraska Growth Foundation, a Nebraska non-profit corporation (together with its successors and assigns "Lender"), of any and all indebtedness or other liability, fixed or contingent, which Innate 8, LLC, a Nebraska limited liability company ("Borrower"), may now or at any time hereafter owe Lender, including without limitation (a) all obligations and covenants of Borrower pursuant to, and any liabilities or obligations of Lender created by a default of Borrower under, that certain Loan Agreement, dated as of the date hereof, by and between Borrower and Lender (the "Loan Agreement"), (b) the indebtedness (including all interest or other charges accruing thereon or incurred thereunder) evidenced by that certain Promissory Note, dated as of the date hereof (the "Note"), in the stated principal amount of $750,000.00, bearing interest and payable as therein provided, executed by Borrower to the order of Lender and (c) all liabilities and obligations of Borrower pursuant to that certain Deed of Trust, dated as of the date hereof (the "Deed of Trust"), executed by Borrower for the benefit of Lender. 2. It is expressly understood and acknowledged that the execution and delivery of this Guaranty is a condition precedent to Lender's obligation to make a loan under the Note and is an integral part of the transactions contemplated thereby, and Lender would not provide the loan under the Note but for Guarantor's execution and delivery of this Guaranty. Guarantor is a direct or indirect owner of Borrower and will materially benefit from Lender's extension of the loan evidenced by the Note to Borrower. Guarantor represent and warrants to Lender that the value of the consideration received or to be received by Guarantor is reasonably worth at least as much as the liability and obligation of Guarantor hereunder, and such liability and obligation may reasonably be expected to benefit Guarantor directly and indirectly. 3. Guarantor expressly waives diligence on the part of Lender in the collection of any and all of said indebtedness, whether fixed or contingent, and waives presentment, protest, dishonor, notice of acceptance of the Guaranty demands for performance and approval of any modifications, renewals or extensions of the indebtedness that may be granted to Borrower. Lender shall be under no obligation to notify Guarantor of its acceptance of this Guaranty, nor of any advances made or credit extended on the faith hereof, nor to use diligence in preserving the liability of any entity or person on said indebtedness whether fixed or contingent, nor in bringing suit to enforce collection of said indebtedness, nor of notice of any instrument now or hereafter executed in favor of Lender evidencing or securing said indebtedness. Guarantor further agrees to pay reasonable attorneys' fees and litigation costs should this Guaranty be placed in the hands of an attorney for collection, or should it be collected through any court. 4. Guarantor agrees that this is a continuing Guaranty and that it may be enforced by Lender without first resorting to or exhausting any security or collateral, or without first having recourse to the Note or its remedies as to any security or as to any of the property covered by the Deed of Trust through foreclosure proceedings or otherwise. Further, Lender shall not be required to exhaust its remedies against accommodation makers, sureties and endorsers or any other guarantors. Pursuit by Lender of any of its remedies shall not impair this Guaranty and shall not -1-