Trustee Joinder to Subordination Agreement by Treynor State Bank and Southwest Iowa Renewable Energy, LLC

Summary

Treynor State Bank, acting as Trustee under an Amended and Restated Indenture with Southwest Iowa Renewable Energy, LLC, formally joins a Subordination Agreement originally dated June 17, 2010, among Bunge N.A. Holdings, Inc., ICM, Inc., and AgStar Financial Services, PCA. By signing, the Trustee agrees to be bound by all terms of the Subordination Agreement from the date of execution. This document serves as the Trustee's official consent and participation in the agreement's terms.

EX-10..81 9 exhibit1081_091411.htm FORM OF TRUSTEE JOINDER/SUBSCRIPTION AGMT/TREYNOR STATE BANK exhibit1081_091411.htm

Exhibit 10.81

The undersigned, the Trustee under that certain Amended and Restated Indenture, dated as of _______________, 2011, by and between the Trustee and Southwest Iowa Renewable Energy, LLC, hereby executes and delivers this counterpart signature page to that certain Subordination Agreement, dated as of June 17, 2010, by and among Bunge N.A. Holdings, Inc., ICM, Inc., and AgStar Financial Services, PCA, and agrees to be bound by all of the terms and conditions set forth therein from and after the date hereof.

TREYNOR STATE BANK, as Trustee and as

attorney-in-fact for the Public

Noteholders

	By:
	Name:
	Title:

	Date:		, 2011

	Address for notices:

	15 E. Main Street
	P.O. Box A
	Treynor, IA ###-###-####
	Ph: (712) 487-3000

[COUNTERPART SIGNATURE PAGE TO SUBORDINATION AGREEMENT]