Husker AG LLC Watch

from 10-K 43 pages Credit Agreement

from 10KSB 4 pages State of Nebraska Nebraska Department of Revenue Ethanol Production Credit Agreement

from 8-K 5 pages Change in Terms Agreement Principal Loan Date Maturity Loan No Call/Coll Account Officer Initials $ 20,000,000.00 12-19-2001 12-31-2003 53455 47/400 119284 Jb References in the Shaded Area Are for Lender’s Use Only and Do Not Limit the Applicability of This Document to Any Particular Loan or Item. Any Item Above Containing “* * *” Has Been Omitted Due to Text Length Limitations

from 8-K 3 pages Borrower: Husker AG, LLC Extension: 90 Day Extension of the $20,000,000 Construction Loan. Begin P&I Payments Based on a 7 Year Amortization. Change the Interest Rate to 1.25% Over the Wsjp Index, Adjusting Daily. Covenants: Add the Following Covenants: A) No Distributions Without Prior Lender Approval and Issuance of the Usda Loan Note Guaranty. B) Minimum 40% Balance Sheet Tangible Net Worth Must Be Maintained. C) Debt Service Coverage Ratio of at Least 1.20x After Distributions. Prepayment Penalty: 3% Prepayment Penalty the Usda Declined the Original $20,000,000 Loan Request With a 60% Guaranty, the Borrower and Lender Agree to Proceed on the Following Terms

from 10QSB 9 pages Change in Terms Agreement Principal Loan Date Maturity Loan No Call/Coll Account Officer Initials $20,000,000.00 12-19-2001 09-30-2003 53455 47/400 119284 Jb References in the Shaded Area Are for Lender’s Use Only and Do Not Limit the Applicability of This Document to Any Particular Loan or Item. Any Item Above Containing “* * *” Has Been Omitted Due to Text Length Limitations

from 10KSB ~20 pages Construction Loan Agreement

from 10KSB ~5 pages Loan Commitment Agreement