Advanced BioEnergy, LLC
EX-10.2
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">EXHIBIT 10.2</font></b></p>

<p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>

<p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>

<p align="right" style="background:white;margin:0in 2.4pt .0001pt 0in;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.2pt;">Amendment No. RI0475A</font></p>

<p align="center" style="background:white;margin:11.5pt 187.7pt .0001pt 185.3pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">AMENDMENT<br>
<font style="letter-spacing:.05pt;">TO THE</font></font></b></p>

<p align="center" style="background:white;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:.1pt;">MASTER LOAN AGREEMENT</font></b></p>

<p align="center" style="background:white;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="background:white;margin:0in 1.9pt .0001pt 0in;text-autospace:none;text-indent:33.6pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:.25pt;">THIS AMENDMENT </font></b><font size="2" style="font-size:10.0pt;letter-spacing:.25pt;">is entered into as of October 5, 2007, between<b> FARM CREDIT </b></font><b><font size="2" style="font-size:10.0pt;font-weight:bold;letter-spacing:.3pt;">SERVICES OF
AMERICA, FLCA </font></b><font size="2" style="font-size:10.0pt;letter-spacing:.3pt;">(&#147;Farm Credit&#148;) and <b>ABE FAIRMONT, LLC, Fairmont, </b></font><b><font size="2" style="font-size:10.0pt;font-weight:bold;letter-spacing:-.15pt;">Nebraska
</font></b><font size="2" style="font-size:10.0pt;letter-spacing:-.15pt;">(the &#147;Company&#148;).</font></p>

<p style="background:white;margin:0in 1.9pt .0001pt 0in;text-autospace:none;text-indent:33.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="background:white;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">BACKGROUND</font></b></p>

<p align="center" style="background:white;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="background:white;margin:0in 1.9pt .0001pt 0in;text-autospace:none;text-indent:34.1pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.15pt;">Farm Credit and the Company
are parties to a Master Loan Agreement dated November 26, 2006, </font><font size="2" style="font-size:10.0pt;letter-spacing:-.05pt;">(such agreement, as previously amended, is hereinafter referred to as
the &#147;MLA&#148;). Farm Credit and the </font><font size="2" style="font-size:10.0pt;letter-spacing:-.1pt;">Company
now desire to amend the MLA. For that reason, and for valuable consideration
(the receipt and sufficiency of which are hereby acknowledged), Farm Credit and
the Company agree as follows:</font></p>

<p style="background:white;margin:11.5pt 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-1.05pt;">1.</font><font size="2" style="font-size:10.0pt;">&#160;&#160;&#160;&#160; <font style="letter-spacing:-.1pt;">Section (9)(A)(vii) of the
MLA is hereby amended and restated to read as follows:</font></font></p>

<p style="background:white;margin:11.5pt 0in .0001pt 34.1pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:.1pt;">SECTION 9.&#160;&#160;&#160;
Affirmative Covenants.&#160; </font></b><font size="2" style="font-size:10.0pt;letter-spacing:.1pt;">Unless otherwise agreed to in writing by Agent while</font></p>

<p style="background:white;margin:0in 0in .0001pt .5pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:.05pt;">this agreement is in effect, the Company agrees to, and
with respect to Subsections 9(B) through 9(G) </font><font size="2" style="font-size:10.0pt;letter-spacing:-.1pt;">hereof,
agrees to cause each Subsidiary to:</font></p>

<p style="background:white;margin:12.0pt 0in .0001pt .7in;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:.05pt;">(H)&#160;&#160;&#160; Reports and
Notices.&#160; </font></b><font size="2" style="font-size:10.0pt;letter-spacing:.05pt;">Furnish
to Agent:</font></p>

<p style="background:white;margin:11.5pt 0in .0001pt;text-autospace:none;text-indent:76.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(ii) Interim Financial Statements.</font></b><font size="2" style="font-size:10.0pt;"> Effective September 30,
2007, as soon as available, but in no event more than 30 days after the end of
each month, a consolidated balance sheet of the Company and its consolidated
Subsidiaries, if any, as of the end of such month, a consolidated statement of
income for the Company and its consolidated Subsidiaries, if any for such
period and for the period year to date, and such other interim statements as
Agent may reasonably request, all prepared in reasonable detail and in
comparative form in accordance with GAAP consistently applied and, if required
by written notice from Agent, certified by an authorized officer or employee of
the Company acceptable to Agent.</font></p>

<p style="background:white;margin:11.5pt 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.4pt;">2.</font><font size="2" style="font-size:10.0pt;">&#160;&#160;&#160;&#160; <font style="letter-spacing:-.1pt;">Sections 10(A) and (K) of the
MLA are hereby amended and restated to read as follows:</font></font></p>

<p style="background:white;margin:12.0pt .95pt .0001pt 0in;text-autospace:none;text-indent:34.1pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:-.1pt;">SECTION 10. Negative Covenants. </font></b><font size="2" style="font-size:10.0pt;letter-spacing:-.1pt;">Unless otherwise agreed to in writing by Agent, while<b>  </b>this </font><font size="2" style="font-size:10.0pt;letter-spacing:-.05pt;">agreement is in effect the Company will not:</font></p>

<p style="background:white;margin:11.5pt 0in .0001pt .5pt;text-autospace:none;text-indent:.7in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:.15pt;">(A) <b>Borrowings.</b>
Create, incur, assume, or allow to exist, directly or indirectly, any </font><font size="2" style="font-size:10.0pt;">indebtedness or
liability for borrowed money (including trade or bankers&#146; acceptances), letters
of credit, <font style="letter-spacing:-.05pt;">or the deferred purchase price
of property or services, except for: (i) debt to Farm Credit; (ii) accounts </font>payable
to trade creditors incurred in the ordinary course of business; (iii) current
operating liabilities <font style="letter-spacing:-.1pt;">(other than for
borrowed money) incurred in the ordinary course of business; (iv) Industrial
Revenue Bond </font><font style="letter-spacing:-.05pt;">financing from Fillmore
County, Nebraska, in an amount not to exceed $7,000,000.00 (exclusive of any </font><font style="letter-spacing:-.1pt;">related insurance costs and reserve requirements),
subject to a debt subordination agreement acceptable to </font><font style="letter-spacing:.05pt;">Agent; (v) debt of the Company to miscellaneous
creditors, in an aggregate amount not to exceed </font>$1,500,000.00 on terms
and conditions satisfactory to Agent; and (vi) Tax Increment Financing in an <font style="letter-spacing:-.05pt;">amount not to exceed $7,000,000.00.</font></font></p>

<p align="center" style="background:white;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

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<p style="background:white;margin:0in 2.9pt .0001pt 0in;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Amendment
RI0475 to Master Loan Agreement RI0475</font></p>

<p style="background:white;margin:0in 2.9pt .0001pt 0in;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">ABE
Fairmont, LLC</font></p>

<p style="background:white;margin:0in 2.9pt .0001pt 0in;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Fairmont,
Nebraska</font></p>

<p style="background:white;margin:12.0pt 2.9pt .0001pt 0in;text-autospace:none;text-indent:.7in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>

<p style="background:white;margin:12.0pt 2.9pt .0001pt 0in;text-autospace:none;text-indent:.7in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(K) Dividends, Etc.</font></b><font size="2" style="font-size:10.0pt;"> Declare or pay any
dividends, or make any distribution of assets to the <font style="letter-spacing:-.1pt;">member/owners, or purchase, redeem, retire or otherwise acquire for
value any of its equity, or allocate or </font>otherwise set apart any sum for
any of the foregoing, except that for each fiscal year commencing with <font style="letter-spacing:-.1pt;">the fiscal year ending 2008, a distribution may be
made to the Company&#146;s members/owners of up to 40% </font><font style="letter-spacing:-.05pt;">of the net profit (according to GAAP) for such
fiscal year after receipt of the audited financial statements for the pertinent
fiscal year, provided that the Company has been and will remain in compliance
with all loan covenants, terms and conditions. Furthermore, with respect to the
fiscal year ending 2008 and each </font>subsequent fiscal year, a distribution
may be made to its members/owners in excess of 40% of the net <font style="letter-spacing:-.1pt;">profit for such fiscal year if the Company has
made the required &#147;Free Cash Flow&#148; payment to Agent for </font><font style="letter-spacing:-.05pt;">such fiscal year as provided in Construction and
Term Loan Supplement dated February 17, 2006, and </font>numbered RI0340T01 and
any renewals, restatements and amendments thereof, and will remain in <font style="letter-spacing:-.1pt;">compliance with all other loan covenant, terms and
conditions.</font></font></p>

<p style="background:white;margin:11.05pt 0in .0001pt .5pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.4pt;">3.</font><font size="2" style="font-size:10.0pt;">&#160;&#160;&#160;&#160; Sections 11(A) and (B) of the MLA are hereby amended and
restated to read as follows:</font></p>

<p style="background:white;margin:11.5pt 3.35pt .0001pt .95pt;text-autospace:none;text-indent:33.1pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:.3pt;">SECTION 11. Financial Covenants.</font></b><font size="2" style="font-size:10.0pt;letter-spacing:.3pt;">&#160; Unless otherwise agreed to&#160; in writing,&#160;
while this </font><font size="2" style="font-size:10.0pt;letter-spacing:-.15pt;">agreement is in effect:</font></p>

<p style="background:white;margin:11.05pt 0in .0001pt .95pt;text-autospace:none;text-indent:.7in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:-.25pt;">(A)&#160;&#160;&#160;&#160;&#160; </font></b><b><font size="2" style="font-size:10.0pt;font-weight:bold;letter-spacing:.3pt;">Working
Capital.</font></b><font size="2" style="font-size:10.0pt;letter-spacing:.3pt;">&#160;
The Company will have at the end of each period for which </font><font size="2" style="font-size:10.0pt;letter-spacing:.05pt;">financial statements are required to be furnished pursuant to Section
9(H) hereof, an excess of current </font><font size="2" style="font-size:10.0pt;letter-spacing:-.05pt;">assets
over current liabilities (both as determined in accordance with GAAP
consistently applied) of not </font><font size="2" style="font-size:10.0pt;letter-spacing:-.1pt;">less than: (i)
$7,000,000.00 effective September 30, 2007; and (ii) increasing to
$10,000,000.00 effective </font><font size="2" style="font-size:10.0pt;">June 30, 2008, and thereafter, except that in
determining current assets, any amount available under the <font style="letter-spacing:-.05pt;">Construction and Revolving Term Loan Supplement
hereto (less the amount that would be considered a </font><font style="letter-spacing:-.1pt;">current liability under GAAP if fully advanced)
may be included.</font></font></p>

<p style="background:white;margin:11.05pt 0in .0001pt .95pt;text-autospace:none;text-indent:.7in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:-.2pt;">(B)&#160;&#160;&#160;&#160;&#160; </font></b><b><font size="2" style="font-size:10.0pt;font-weight:bold;letter-spacing:.15pt;">Net Worth.</font></b><font size="2" style="font-size:10.0pt;letter-spacing:.15pt;">&#160;&#160; The Company will have at the
end of each period for which financial </font><font size="2" style="font-size:10.0pt;letter-spacing:.1pt;">statements
are required to be furnished under Section 9(H) hereof an excess of total
assets over total </font><font size="2" style="font-size:10.0pt;letter-spacing:.35pt;">liabilities (both as determined
in accordance with GAAP consistently applied) of not less than: </font><font size="2" style="font-size:10.0pt;letter-spacing:.25pt;">(i) $47,000,000.00;&#160; (ii)
increasing to $53,000,000.00 as of June 30, 2008; and (iii) increasing to </font><font size="2" style="font-size:10.0pt;">$56,000,000.00
at fiscal year ending 2008 and thereafter, except that in determining total
liabilities, the <font style="letter-spacing:-.1pt;">amount of Tax Increment
Financing shall be excluded.</font></font></p>

<p style="background:white;margin:11.5pt 0in .0001pt .5pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.35pt;">4.</font><font size="2" style="font-size:10.0pt;">&#160;&#160;&#160;&#160; <font style="letter-spacing:-.1pt;">Section 25 of the MLA is
hereby amended and restated to read as follows:</font></font></p>

<p style="background:white;margin:11.5pt 0in .0001pt 1.9pt;text-autospace:none;text-indent:33.6pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SECTION 25. Assumed Master Loan Agreement.</font></b><font size="2" style="font-size:10.0pt;">&#160; The parties acknowledge that the Company has
assumed the Master Loan Agreement dated as of February 17, 2006, between Farm
Credit and Advanced BioEnergy, LLC, as the same may have been amended from time
to time (the &#147;Advanced MLA&#148;), together with all obligations thereunder and
under all Supplements, security documents, and other documents related thereto.
The parties agree that the Advanced MLA shall remain in full force and effect
concurrently with this MLA, provided, however, that to the extent of any
inconsistencies between this MLA and the Advanced MLA, the terms and conditions
of this MLA (including without limitation reporting covenants, financial
covenants, and negative and affirmative covenants) shall prevail, and the
Advanced MLA shall be deemed amended accordingly. Consistently with the
foregoing, all Conditions Precedent to lending under this MLA shall apply to,
and be binding upon, any lending under the Advanced MLA.</font></p>

<p style="background:white;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="background:white;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="background:white;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2</font></p>

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<p style="background:white;margin:12.0pt 4.8in .0001pt 0in;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="background:white;margin:12.0pt 0in .0001pt .25in;text-autospace:none;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.05pt;">5.&#160;&#160; &#160;Except as set forth in this amendment, the
MLA, including all amendments thereto, shall continue in </font><font size="2" style="font-size:10.0pt;letter-spacing:-.1pt;">full force and effect as written.</font></p>

<p style="background:white;margin:23.5pt 0in .0001pt;text-autospace:none;text-indent:33.6pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:-.15pt;">IN WITNESS WHEREOF, </font></b><font size="2" style="font-size:10.0pt;letter-spacing:-.15pt;">the parties have caused this amendment to be executed by their duly </font><font size="2" style="font-size:10.0pt;letter-spacing:-.1pt;">authorized officers as of the date shown above.</font></p>

<p style="background:white;margin:6.0pt 0in .0001pt;text-autospace:none;text-indent:33.85pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
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  <td width="48%" colspan="4" valign="top" style="padding:0in .7pt 0in .7pt;width:48.76%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:.05pt;">FARM CREDIT
  SERVICES</font></b></p>
  </td>
  <td width="51%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:51.24%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:.15pt;">ABE FAIRMONT,
  LLC</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="48%" colspan="4" valign="top" style="padding:0in .7pt 0in .7pt;width:48.76%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:.05pt;">OF AMERICA,
  FLCA</font></b></p>
  </td>
  <td width="51%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:51.24%;">
  <p style="margin:0in 0in .0001pt 11.05pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:.15pt;">By ADVANCED BIOENERGY, LLC,</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="48%" colspan="4" valign="top" style="padding:0in .7pt 0in .7pt;width:48.76%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:51.24%;">
  <p style="margin:0in 0in .0001pt 11.05pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:-.05pt;">its sole</font></b><font size="2" style="font-size:10.0pt;letter-spacing:-.05pt;">  <b>member</b></font></p>
  </td>
 </tr>
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  <td width="48%" colspan="4" valign="top" style="padding:0in .7pt 0in .7pt;width:48.76%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:51.24%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:-.05pt;">&nbsp;</font></b></p>
  </td>
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  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.06%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.25pt;">By:</font></p>
  </td>
  <td width="40%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:40.7%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:-.25pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.98%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:-.25pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.88%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.25pt;">By:</font></p>
  </td>
  <td width="47%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:47.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
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  <td width="48%" colspan="4" valign="top" style="padding:0in .7pt 0in .7pt;width:48.76%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.25pt;">&nbsp;</font></p>
  </td>
  <td width="51%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:51.24%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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 <tr>
  <td width="5%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:5.42%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.25pt;">Title:
  </font></p>
  </td>
  <td width="39%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:39.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.98%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="5%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:5.18%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.15pt;">Title:</font></p>
  </td>
  <td width="46%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:46.06%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr height="0">
  <td width="30" style="border:none;"></td>
  <td width="10" style="border:none;"></td>
  <td width="294" style="border:none;"></td>
  <td width="30" style="border:none;"></td>
  <td width="29" style="border:none;"></td>
  <td width="10" style="border:none;"></td>
  <td width="345" style="border:none;"></td>
 </tr>
</table>

<p style="background:white;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="background:white;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="background:white;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3</font></p>

<div style="background:white;margin:12.0pt 0in .0001pt;text-autospace:none;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

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<br clear="all" style="page-break-before:always;">


<div style="font-family:Times New Roman;">

<p style="background:white;margin:12.0pt 4.8in .0001pt .5pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="background:white;margin:12.0pt 0in .0001pt .25in;text-autospace:none;text-indent:-17.5pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.05pt;">5.&#160;&#160; &#160;Except
as set forth in this amendment, the MLA, including all amendments thereto,
shall continue in </font><font size="2" style="font-size:10.0pt;letter-spacing:-.1pt;">full force and effect as
written.</font></p>

<p style="background:white;margin:23.5pt 0in .0001pt .5pt;text-autospace:none;text-indent:33.6pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:-.15pt;">IN WITNESS WHEREOF, </font></b><font size="2" style="font-size:10.0pt;letter-spacing:-.15pt;">the parties have caused this amendment to be executed by their duly </font><font size="2" style="font-size:10.0pt;letter-spacing:-.1pt;">authorized officers as of the date shown above.</font></p>

<p style="background:white;margin:6.0pt 0in .0001pt .7pt;text-autospace:none;text-indent:33.85pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="48%" colspan="4" valign="top" style="padding:0in .7pt 0in .7pt;width:48.66%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:.05pt;">FARM CREDIT
  SERVICES</font></b></p>
  </td>
  <td width="51%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:51.34%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:.2pt;">ABE FAIRMONT,
  LLC</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="48%" colspan="4" valign="top" style="padding:0in .7pt 0in .7pt;width:48.66%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:.05pt;">OF AMERICA,
  FLCA</font></b></p>
  </td>
  <td width="51%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:51.34%;">
  <p style="margin:0in 0in .0001pt 11.5pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:.15pt;">By ADVANCED BIOENERGY, LLC,</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="48%" colspan="4" valign="top" style="padding:0in .7pt 0in .7pt;width:48.66%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:51.34%;">
  <p style="margin:0in 0in .0001pt 11.5pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:-.05pt;">its sole</font></b><font size="2" style="font-size:10.0pt;letter-spacing:-.05pt;">  <b>member</b></font></p>
  </td>
 </tr>
 <tr>
  <td width="48%" colspan="4" valign="top" style="padding:0in .7pt 0in .7pt;width:48.66%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:51.34%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:-.05pt;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.08%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.4pt;">By:</font></p>
  </td>
  <td width="40%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:40.66%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:-.4pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.92%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:-.4pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.98%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.4pt;">By:</font></p>
  </td>
  <td width="47%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:47.36%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="48%" colspan="4" valign="top" style="padding:0in .7pt 0in .7pt;width:48.66%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.25pt;">&nbsp;</font></p>
  </td>
  <td width="51%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:51.34%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.15pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="5%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:5.4%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.25pt;">Title:
  </font></p>
  </td>
  <td width="39%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:39.34%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.92%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="5%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:5.26%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.15pt;">Title:</font></p>
  </td>
  <td width="46%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:46.06%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr height="0">
  <td width="30" style="border:none;"></td>
  <td width="10" style="border:none;"></td>
  <td width="294" style="border:none;"></td>
  <td width="29" style="border:none;"></td>
  <td width="30" style="border:none;"></td>
  <td width="10" style="border:none;"></td>
  <td width="345" style="border:none;"></td>
 </tr>
</table>

<p align="right" style="background:white;margin:0in 2.9pt .0001pt 0in;text-align:right;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="background:white;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="background:white;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4</font></p>

<div style="background:white;margin:0in 0in .0001pt;text-autospace:none;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
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