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Space above this line for Recorder in HALL COUNTY, NEBRASKA <br />MEMORANDUM OF GRAIN FACILITY LEASE AND SUBLEASE <br />THIS MEMORANDUM OF GRAIN FACILITY LEASE AND SUBLEASE (the <br />"Memorandum "), is entered into as of the . 2 �_ day of t&e wt 62--v-' , 2006 by and <br />between CARGILL, INCORPORATED, a Delaware corporation ( "Landlord ") and PIONEER <br />TRAIL ENERGY LLC, a Delaware limited liability company ( "Tenant "). <br />RECITALS: <br />WHEREAS, Landlord and Tenant are parties to that certain Grain Facility Lease and <br />Sublease dated of even date herewith (the "Lease "); and <br />WHEREAS, Landlord and Tenant wish to give notice of the real property interests under <br />the Lease by executing and recording this Memorandum. <br />NOW, THEREFORE, in consideration of the sum of One and 00/100 Dollar ($1.00) and <br />other good and valuable consideration, the receipt and sufficiency of which are hereby <br />acknowledged, the parties hereto give notice as follows: <br />1. Lease. Pursuant to the terms of the Lease, Landlord leases and subleases to <br />Tenant and Tenant leases and subleases from Landlord the real property described on Exhibit <br />"A" attached hereto and incorporated herein by this reference, together with all buildings, <br />fixtures, improvements, machinery, and equipment located at or about such real estate (the <br />"Premises "). The initial term of the Lease commences on the Effective Date (as defined in the <br />Lease) and continues for a period of 20 years thereafter, with automatic renewals of two (2) <br />years each unless the Lease is terminated in accordance with its terms. <br />2. Miscellaneous. This Memorandum is binding on the parties' respective <br />successors and assigns and runs with the land. This Memorandum may be executed in any <br />number of counterparts, all of which are considered one and the same Memorandum <br />1 <br />M <br />_ <br />U> <br />Ca M <br />N <br />_ <br />CUr, La�;d i 1 <br />-n <br />C <br />.� <br />rn � <br />fl <br />�,.t, <br />x� <br />_ <br />� -� <br />C.: <br />�S <br />fTt <br />his Memorandum was prepared by "� <br />�; <br />�, <br />o <br />id when recorded should be returned to :79 <br /><- <br />co <br />tcqueline Pueppke <br />_ <br />**�* <br />aird Holm LLP <br />f.� <br />',, <br />=-3 <br />500 Woodmen Tower <br />u' <br />c <br />maha, Nebraska 68102 -2068 <br />�` <br />Cn <br />--- -- <br />�r <br />el: 402.344.0500 <br />' <br />ca <br />Fax: 402.344.0588 <br />Space above this line for Recorder in HALL COUNTY, NEBRASKA <br />MEMORANDUM OF GRAIN FACILITY LEASE AND SUBLEASE <br />THIS MEMORANDUM OF GRAIN FACILITY LEASE AND SUBLEASE (the <br />"Memorandum "), is entered into as of the . 2 �_ day of t&e wt 62--v-' , 2006 by and <br />between CARGILL, INCORPORATED, a Delaware corporation ( "Landlord ") and PIONEER <br />TRAIL ENERGY LLC, a Delaware limited liability company ( "Tenant "). <br />RECITALS: <br />WHEREAS, Landlord and Tenant are parties to that certain Grain Facility Lease and <br />Sublease dated of even date herewith (the "Lease "); and <br />WHEREAS, Landlord and Tenant wish to give notice of the real property interests under <br />the Lease by executing and recording this Memorandum. <br />NOW, THEREFORE, in consideration of the sum of One and 00/100 Dollar ($1.00) and <br />other good and valuable consideration, the receipt and sufficiency of which are hereby <br />acknowledged, the parties hereto give notice as follows: <br />1. Lease. Pursuant to the terms of the Lease, Landlord leases and subleases to <br />Tenant and Tenant leases and subleases from Landlord the real property described on Exhibit <br />"A" attached hereto and incorporated herein by this reference, together with all buildings, <br />fixtures, improvements, machinery, and equipment located at or about such real estate (the <br />"Premises "). The initial term of the Lease commences on the Effective Date (as defined in the <br />Lease) and continues for a period of 20 years thereafter, with automatic renewals of two (2) <br />years each unless the Lease is terminated in accordance with its terms. <br />2. Miscellaneous. This Memorandum is binding on the parties' respective <br />successors and assigns and runs with the land. This Memorandum may be executed in any <br />number of counterparts, all of which are considered one and the same Memorandum <br />1 <br />