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Agreement#: AG-420817
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Commercial Lease

Effective Date: August 15, 2005
Parties:

Cardinal Ethanol

Sectors: Chemicals
Governing Law:  Indiana
Exhibit 10.4 Office Lease This lease is entered into by and between OMCO Mould, Inc. (hereinafter referred to as " Landlord" ) and Indiana Ethanol, LLC (hereinafter referred to as " Tenant" ). Notwithstanding anything in this lease to the contrary, the signatory for the Landlord warrants that he/she has been duly authorized to execute leases on behalf of the Landlord designated above.In consideration of the promises and obligations specified in this lease, Landlord and Tenant agree as follows: 1. Description of Premises Leased Tenant agrees to lease from Landlord and Landlord agrees to lease to Tenant certain office space consisting of approximately 847 square feet. The space to be leased is commonly known as 2 OMCO Square, Suite 201, in the City of Winchester, County of Randolph, State of Indiana 47394. The leased premises are more fully described in the legal description as Exhibit " A" . 2. Term of Lease This lease shall be effective for a period of one (1) year commencing on the 8/15/05, 2005, and ending on the 8/31, 2006. 3. Consideration The total agreed rent for the entire term of this lease shall not exceed the sum of $7,200.00, payable in equal consecutive monthly installments of $600.00 which represents an annual square foot amount of $8.50. Rent shall be paid as described in Section 5. 4. Option to Renew Landlord grants to Tenant an option to renew this lease on a month to month basis. The renewal agreement will be under the same terms and conditions as the existing agreement, with the rental payment not to exceed $ 600.00 per month which represents an annual square foot amount of $8.50. Tenant may exercise the renewal option by submitting in writing to Landlord a notice of renewal at least sixty (60) days prior to the termination date of the lease. Either party may elect to terminate this lease in this renewal term by notifying the other party in writing thirty (30) days prior to the termination date.

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5. Method of Payment A. The Landlord is to submit a monthly invoice on Landlord' s letterhead, directly to the Tenant. The invoice should contain an invoice number, purchase order number, description of the service for which the Tenant is being billed, (rent) remittance address, and the amount due. (The purchase order number will be provided to the Landlord by the Tenant upon complete execution of the Lease.) Landlord must submit final claims for payment of rent within sixty (60) calendar days after the expiration date of this lease or Tenant may elect to deny payment. B. If the term of this lease does not begin on the first day of a calendar month, or if the lease does not terminate or is not terminated on the last day of a calendar month, then the rent for any period less than a calendar month will be prorated based upon the number of days in the partial month for which the lease is effective. 6. General Uses by Tenant A. Tenant agrees that the premises will be used and occupied for office and clerical work to be performed by employees of Tenant. Any other use by Tenant must be approved by Landlord prior to such use. B. Tenant shall not make any alterations, additions, repairs, or improvements to the premises except as specifically provided for in this lease. C. Rent is payable on the first day of each month. 7. Services to be Provided by Landlord A. Landlord shall provide the following services for the premises specified above during the term of this lease, at no additional cost to the Tenant, unless otherwise specified. 1. Routine janitorial services and supplies, including rest room supplies, replacement of light bulbs, and customary cleaning in and about the premises, including cleaning of all carpeting and flooring;

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2. Heat, air conditioning and ventilation when required for comfortable occupancy of the premises; 3. Gas, where applicable, and electricity; 4. Water for drinking, lavatory and rest room purposes, including a reasonable amount of hot water; 5. Sewage services; 6. Parking adjacent to the facility. 7. Snow and ice removal from the parking areas and walkways to and around the premises; (Snow to be removed when it reaches 2 inches. Ice to be treated as needed.) 8. Pest control when needed; 9. Trash removal (Scavenger Service) 10. Lawn maintenance, where applicable; 11. Casualty and public liability insurance in a minimum amount of $1,000,000.00, with the Tenant named as an additional insured. However, this insurance requirement shall not be construed as an election of remedies, B. Landlord agrees to maintain the premises in a condition of safety and habitability appropriate to the needs and uses of Tenant. All maintenance, upkeep and repair for the premises and its systems shall be the responsibility of Landlord and shall be provided at Landlord' s expense, except in the event damage is caused due to the negligence of Tenant. Upon notice from Tenant of any condition requiring repair or maintenance, Landlord shall promptly make the required repairs and pet-form the required maintenance. Should repair or maintenance be the result of Tenant negligence, Landlord will invoice Tenant upon completion of the work performed. Tenant will reimburse Landlord as promptly as possible. C. Landlord promises and agrees that should it fail to make repairs in a timely, proper and satisfactory mariner after notice is provided by Tenant, or after its own inspection reveals a need for repairs, Tenant may make such repairs and set off against the rent the cost of such repairs from the date of notice. The rent shall abate until the total costs of repairs incurred by Tenant shall be recovered. D. Tenant acknowledges and agrees that in order for Landlord to fulfill its obligation to maintain and repair the premises, Landlord shall have the right to enter the premises throughout the term of the lease, at times agreed to by Tenant, for the purposes of inspection and making repairs. Landlord shall be entitled to bring

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upon the premises, at times agreed to by Tenant, workmen and materials necessary to provide maintenance and complete repairs. However, this right shall not relieve Landlord of the responsibility for the quality of the repair work to be performed or the effects of repairs, or from liability for the actions of its agents and employees in performing the repairs. E. If Tenant remains in compliance with the Lease, Tenant shall have the peaceful and quiet enjoyment of the premises except as provided in section D above. F. Landlord acknowledges and agrees that the premises and all facilities shall conform to applicable provisions of the Indiana State Fire and Building Codes, and applicable Municipal Fire an ...

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