SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): ~~October~~December 1213, 2012 (~~October~~December 8, 2012)

NEDAK Ethanol, LLC

(Exact Name of registrant as specified in its charter)

NEBRASKA	333-130343	20-0568230
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)


87590 Hillcrest Road, P.O. Box 391, Atkinson, Nebraska		68713
(Address of Principal Executive Offices)		(Zip Code)

	(402) 925-5570
	(Registrant’s Telephone Number, Including Area Code)



	(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: □Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) □Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) □Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) □Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 28.~~04.~~01 ~~Triggering~~Other Events ~~That Accelerate or Increase a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement~~

As previously disclosed, NEDAK Ethanol, LLC (the “Company”) is in default under its ~~Amended~~loan ~~and~~agreements ~~Restated~~with ~~Credit~~both ~~Agreement~~its ~~dated~~senior ~~December~~lender, 31AgCountry Farm Credit Services, ~~2011~~FLCA (the “Senior ~~Credit Agreement~~Lender”), ~~with~~and ~~AgCountry~~its ~~Farm~~tax ~~Credit~~increment ~~Services~~financing lender, ~~FLCA~~Arbor Bank (the “~~Senior~~TIF Lender”), and both the ~~First~~Senior ~~Supplement~~Lender and the TIF lender have accelerated the repayment of all amounts due under the respective loan agreements and informed the Company that they intend to exercise their remedies under the ~~Amended~~respective loan agreements and ~~Restated~~take ~~Master~~such ~~Credit~~actions ~~Agreement~~as ~~between~~deemed necessary or desirable to protect their interest in the collateral which includes all or substantially all of the assets of the Company. Also ~~and~~as previously disclosed, the Senior Lender ~~dated~~recorded ~~December~~a ~~31,~~Substitution ~~2011~~of (Trustee under the ~~“First~~Deed ~~Supplement”~~of ~~and~~Trust, anSecurity ~~Amended~~Agreement, ~~and~~Assignment ~~Restated~~of ~~Term~~Leases ~~Note~~and ~~dated~~Rents ~~December~~and 31Fixture Financing Statement, ~~2011~~as amended (the “~~Restated~~Deed ~~Note~~of Trust”) ~~and~~which ~~collectively~~secures ~~with~~the indebtedness under the Senior ~~Credit~~Lender ~~Agreement~~loan documents and ~~the~~on ~~First~~October ~~Supplement~~8, 2012, the substitute trustee recorded a Notice of Default and Election to Sell the trust property (“~~Senior~~Election ~~Loan~~to ~~Documents~~Sell Notice”). The trust property includes the plant site, the transload site, the Company’s leased property and easements as described in more detail in the Deed of Trust.

OnThe ~~October~~Company 8,had ~~2012,~~two months following the ~~Senior~~recording ~~Lender~~of ~~recorded~~the aElection ~~Substitution~~to ofSell ~~Trustee~~Notice ~~which~~to ~~replaced~~cure ~~Lawyers~~the ~~Title~~defaults ~~Insurance~~under ~~Corporation,~~the Senior Lender loan agreements and pay the ~~original~~entire ~~trustee~~unpaid ~~under~~principal sum secured by the Deed of Trust, ~~Security~~in ~~Agreement~~the amount of $25,497,877, ~~Assignment~~accrued late charges in the amount of ~~Leases~~$163,672 and ~~Rents~~accrued ~~and~~interest ~~Fixture~~which ~~Financing~~was ~~Statement~~$828,345 ~~dated~~as ~~February~~of 14October 9, ~~2007~~2012. The ~~between~~two-month cure period lapsed on December 8, 2012 and the Company, has not cured the defaults under the Senior Lender ~~and~~loan documents. Because the ~~trustee,~~Company asdid ~~amended~~not bycure ~~that~~the ~~certain~~defaults, ~~First~~the ~~Amendment~~substitute ~~dated~~trustee ~~December~~has ~~13,~~the ~~2007~~right ~~and~~to initiate ~~that~~foreclosure ~~certain~~proceedings ~~Second~~to ~~Amendment~~sell ~~dated~~the ~~December~~trust ~~31,~~property ~~2011~~at ~~(the~~a ~~“Deed~~sheriff’s ofsale ~~Trust”),~~in ~~which~~accordance ~~secures~~with ~~the~~applicable ~~indebtedness~~law ~~under~~in ~~the~~order ~~Senior~~to ~~Loan~~satisfy ~~Documents,~~the ~~with~~unpaid ~~Richard~~obligations P.of ~~Garden,~~the ~~Jr.~~Company asunder the ~~substitute~~Senior ~~trustee~~Lender loan agreements.

OnThe ~~October~~Company 8,continues ~~2012, subsequent~~ to ~~the~~explore ~~recordation~~all of ~~the~~its ~~Substitution~~options ~~of Trustee~~including, ~~the~~without ~~substitute~~limitation ~~trustee~~(i) ~~under~~continued ~~the~~discussions ~~Deed~~with ofthe ~~Trust~~Senior ~~recorded~~Lender ~~a Notice of Default~~ and ~~Election to Sell~~ the ~~trust~~TIF ~~property. The trust property includes the plant site~~Lender, ~~the~~(ii) ~~transload~~seeking ~~site,~~new ~~the~~sources ~~Company’s~~of ~~leased~~financing ~~property~~ and ~~easements~~(iii) ~~all~~searching asfor ~~described~~potential inpurchasers ~~more~~of ~~detail in~~ the ~~Deed~~Company ofor ~~Trust~~its assets. ~~The~~However, the Company ~~has~~can ~~two~~give ~~months~~no ~~from~~assurance that ~~the~~it ~~filing~~will ~~for~~obtain ~~recording~~sufficient offunds ~~the~~from ~~Notice~~any ofsource(s) ~~Default~~to ~~and~~enable ~~Election~~the toCompany ~~Sell~~ to cure the ~~default~~defaults under ~~the~~its ~~Senior~~loan ~~Loan~~agreements ~~Documents~~with ~~and~~its ~~pay~~lenders ~~the~~or ~~entire~~that ~~unpaid~~if ~~principal~~it ~~sum~~can ~~secured~~obtain byany ~~the~~additional ~~Deed~~financing, ofthat ~~Trust~~such infinancing ~~the~~would ~~amount~~be ofsufficient ~~$25,497,877,~~to ~~accrued~~restart ~~late~~production ~~charges~~at in the ~~amount~~plant ~~of $163,672~~ and ~~accrued~~commence ~~interest~~operations. The ~~which~~Company ~~was~~also ~~$828,345~~can asgive ofno ~~October~~assurance that 9,it ~~2012. If~~will ~~the~~be ~~Company~~able ~~does~~to ~~not~~find ~~cure~~a ~~the~~potential ~~defaults~~purchaser ~~under~~of the ~~Senior~~Company ~~Loan~~and/or ~~Documents~~its ~~within~~assets, ~~this~~reach ~~two~~any ~~month~~agreement ~~period,~~with ~~the~~its ~~substitute~~lenders ~~trustee~~that will ~~initiate~~enable ~~proceedings~~the Company to ~~sell~~restructure ~~the~~its ~~trust~~current ~~property~~indebtedness inor ~~order~~otherwise toavoid ~~satisfy~~ the ~~unpaid~~initiation ~~obligations~~and completion of the ~~Company~~foreclosure ~~under the Senior Loan Documents~~proceedings.

The Company isexpects ~~currently~~that ~~evaluating~~if ~~its~~a ~~options~~foreclosure insale ~~relation~~is tocompleted, upon the ~~Notice~~conclusion of ~~Default~~the ~~and~~foreclosure ~~Election~~proceedings, there will not be any monies or assets available to ~~Sell~~distribute to its members or creditors other than the Senior Lender.

~~The~~FORWARD-LOOKING ~~foregoing~~STATEMENTS ~~descriptions~~- This current report on Form 8-K contains forward-looking statements within the meaning of Section 27A of the ~~Substitution~~Securities Act of ~~Trustee~~1933, as amended, and Section 21E of the ~~Notice~~Securities Exchange Act of ~~Default~~1934, ~~and~~as ~~Election~~amended. toIn ~~Sell~~particular, dostatements ~~not~~by ~~purport~~the Company regarding its efforts to befind ~~complete~~alternative financing or potential purchasers of the Company, the foreclosure proceedings, as well as other statements of the Company’s expectations, anticipations, beliefs, plans, intentions, targets, estimates or projections and similar expressions relating to the future, are ~~qualified~~forward-looking statements within the meaning of these laws. Forward-looking statements in some cases can be identified by their ~~entirety~~being preceded by, ~~reference~~followed toby or containing words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “target” and other similar expressions. Forward-looking statements are based on assumptions and assessments made by the ~~full~~Company’s ~~text~~management based on current expectations and assumptions, historical trends, current conditions, expected future developments and other factors management believes to be appropriate. Any forward-looking statements are not guarantees of the ~~documents,~~Company’s ~~which~~future performance and are ~~filed~~subject asto ~~Exhibit~~risks ~~10.1~~and uncertainties that could cause actual results, developments and ~~Exhibit~~business 10decisions to differ materially from those contemplated by any forward-looking statements.2, ~~respectively,~~Readers are cautioned not to ~~this~~place ~~Current~~undue ~~Report~~reliance on such forward-looking statements, which are made as of the date of this Form 8-K. ~~and~~Except ~~incorporated~~as ~~herein~~otherwise required by ~~reference~~law, the Company is not under any obligation, and expressly disclaims any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

Exhibit Number		Description
10.1		Substitution of Trustee Under Deed of Trust filed October 8, 2012
10.2		Notice of Default and Election to Sell Under Deed of Trust filed October 8, 2012

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

NEDAK ETHANOL, LLC

Date: October 12, 2012.		By:	/s/ Jerome Fagerland
December 13, 2012	By:	/s/ Jerome Fagerland
		Jerome Fagerland	~~Jerome Fagerland~~
		President and General Manager	~~President and General Manager~~

Exhibit Index

Exhibit Number		Description
10.1		Substitution of Trustee Under Deed of Trust filed October 8, 2012
10.2		Notice of Default and Election to Sell Under Deed of Trust filed October 8, 2012

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