**Exhibit 10.11****AMENDED OPTION TO PURCHASE REAL PROPERTY**     **IN CONSIDERATION**of the sum of One Hundred Thousand Dollars ($100,000)($25,000 payable on the execution of this Option Agreement; $35,000 payable on orbefore November 20, 2006; and $40,000 [plus interest at the rate of 6 percent per annumfrom November 15, 2006, to date of payment] on or before April 1, 2007), paid to **RichardScott Carroll and D’wana Jean Carroll,**husband and wife, hereinafter referred to as“Sellers,” receipt of said $25,000 is hereby acknowledged, Sellers give and grant to**Agassiz Energy, LLC,**a Minnesota limited liability company, hereinafter referred to as“Purchaser,” and Purchaser’s successors and assigns, the exclusive option to purchasethe real property of Sellers situated in the County of Polk, State of Minnesota, particularlydescribed as:Thatpart of the North Half of the Northwest Quarter (N1⁄2NW1⁄4) ofSection Ten (10), Township One Hundred Forty-eight (148) North of Range Forty-two (42) Westof the Fifth Principal Meridian, lying west of the Soo Line Railroad Right of Way;ANDThatpart of the North Half of the Northwest Quarter (N1⁄2NW1⁄4) of Section Ten(10), Township One Hundred Forty-eight (148) North of Range Forty-two (42) West of theFifth Principal Meridian described as follows: Commencing at the northeast corner of theNW1⁄4 of Section 10-148-42; thence in a westerly direction along the north line of saidNW1/4 a distance of 1200 feet to a point, which point is the point ofbeginning of the tract herein conveyed; thence in a southerly direction and parallel withthe
 

 
eastline of said NW1⁄4 a distance of 60 rods (990 feet) to a point; thence in a westerlydirection and parallel with the north line of said NW1⁄4 a distance of 40 rods (660 feet) toa point; thence in a northerly direction and parallel with the east line of saidNW1⁄4 a distance of 60 rods, more or less, to the north line ofsaid NW1⁄4 thencein an easterly direction along the north line of said NW1⁄4 a distance of 40 rods, more orless, to the point of beginning of the tract herein conveyed;including all easements, rights of way, and appurtenances, and all of Sellers’ right, title,and interest in all public ways adjoining the property.     This option is given on the following terms and conditions:**SECTION ONE****PRICE AND TERMS OF PAYMENT**     The purchase price for the property shall be Four Hundred Forty-two ThousandDollars ($442,000), which shall be paid on exercise of this Option by Purchaser. TheOption payments (not including interest) shall be applied toward the total purchase price.     In addition, in the event the Option is exercised when the Sellers have growing cropon the premises, Sellers shall be entitled to remove said crop at harvest or becompensated the fair market value of the lost crop as agreed in writing or as determinedby Minnesota Regional Extension Service if the parties are unable to agree.**SECTION TWO****PERIOD OF OPTION**     This Option may be exercised by giving notice of exercise to Sellers at P.O. Box274, Erskine, Minnesota 56535, at any time during the periodcommencing March 15, 2007, until April 1, 2007.**SECTION THREE****TITLE**     If the Option is exercised, Sellers shall, within thirty (30) days after the delivery toSellers of the notice of exercise, secure and submit to Purchaser for examination by
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Purchaser’s attorneys, an updated Abstract of Title. Within thirty (30) days thereafter, Purchasershall give notice in writing to Sellers of any defects in or objections to the title as soevidenced, and Sellers shall clear the title of the defects and objections so specified.     If Sellers fail to clear title to the extent required in this Option or to submit evidence ofSellers’ ability to do so prior to closing, and such failure continues for ninety (90) days afterthe date of exercise of the Option, Purchaser may clear title to the extent so required and chargethe cost of clearing to Sellers or, at Purchaser’s option, may terminate the contract by givingthirty (30) days’ written notice to Sellers.     Title to be conveyed as provided in this Option shall be merchantable title, free and clearof all liens, encumbrances, restrictions, and easements.**SECTION FOUR****CLOSING**     Sellers shall be responsible for providing an updated Abstract of Title, Deed in recordableform; and payment of deed tax. Purchaser shall be responsible for surveying costs, titleexamination (or owner’s title insurance), and recording the Deed. Taxes and assessments in the yearof closing shall be prorated between the parties as of the date of the closing. Closing shall bescheduled ten (10) days following determination that the title to the real estate is marketable.**SECTION FIVE****POSSESSION**     Sellers shall continue in possession of the property until the closing of the transaction,and shall maintain the property in its present condition, reasonable wear from ordinary useexcepted. Possession shall be transferred to Purchasers at closing.
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**SECTION SIX****HAZARDOUS SUBSTANCES**     Sellers hereby state that, to the best of Sellers’ knowledge, the real property is free ofhazardous substances as hereinafter defined and is not subject to any “Super-Fund” type liens orclaims by governmental regulatory agencies or other third parties arising from the release orthreatened release of hazardous substances in, on, or about the real property. For purposes of thisAgreement, hazardous substance means hazardous waste, toxic substances, polychlorinated biphenyls,asbestos, or related materials and also includes, but is not limited to, substances defined ashazardous substances or toxic substances in the Comprehensive Environmental Response Compensationand Liability Act of 1980, as amended, 42 U.S.C. § 9061, et. seq., Hazardous MaterialsTransportation Act, 49 U.S.C. § 6901, et. seq., or as hazardous substances, hazardous waste, orpollutant or contaminant in the Environmental Response and Liability Act, Minn. Stat. § 115B.01,et. seq. The term does include petroleum, including crude oil or any fraction thereof, natural gas,natural gas liquids, liquefied natural gas, synthetic gas usable for fuel or mixtures thereof.**SECTION SEVEN****TESTING**     In the event soil testing or other testing is undertaken by Purchaser during the Optionperiod, Sellers shall be compensated in an amount to be determined by the Minnesota RegionalExtension service for any crop damage occurring on the parcel or adjacent area which is causeddirectly or indirectly by said testing.
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**SECTION EIGHT****NOTICES**     Any notice under this Option shall be given in writing to the party for whom it isintended in person or by certified mail at the following address, or such future address asmay be designated in writing:       Sellers: P.O. Box 274    Erskine, MN 56535       Purchaser: Donald Sargeant    President and Chief Manager    510 County Road 71    Crookston, MN 56716to any successor or assignee of either party, at the address stated in the notice of succession orassignment.**SECTION NINE****GOVERNING LAW**     This Option Agreement shall be governed by, and construed andenforced in accordance with, the laws of the State of Minnesota.**SECTION TEN****AMENDMENT**     This Option Agreement may not be amended except by a written instrumentsigned by the parties hereto. This Amended Option to Purchase Real Property shall amend the Optionto Purchase Real Property executed by the parties on July 8, 2006, and recorded in the Office ofthe Polk County Recorder on July 12, 2006, at 9 a.m. as Document No. A000631612.
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**SECTION ELEVEN****ASSIGNMENT AND SUCCESSION**     This Option and the contract resulting from its exercise shall bind and inure to thebenefit of the heirs, administrators, executors, successors, and assigns of the respectiveparties. All rights of Purchaser under this Option may be assigned without restriction, butnotice of each assignment shall be given in writing to Sellers.**DATED**this 17 day of November, 2005.         **SELLERS:**   **PURCHASER:**             **AGASSIZ ENERGY, LLC**/s/ Richard Scott Carroll                 RICHARD SCOTT CARROLL                     By /s/ Donald Sargeant             Its Chief Manager         /s/ D’Wana Jean Carroll                 D’WANA JEAN CARROLL   By                 Its                **STATE OF MINNESOTA** **)**    **)**  **ss.** **COUNTYOF POLK** **)**       The foregoing instrument was acknowledged before me this 17th day of November, 2006, by**Richard Scott Carroll and D’wana Jean Carroll,**husband and wife, Sellers.
   /s/ Wanda M. Johnson