Document:

Exhibit
10.5

AMENDMENT #2 TO PROMISSORY NOTE
DATED

NOVEMBER 29, 2006 BETWEEN PROUROCARE MEDICAL, INC.

(“BORROWER”) AND ADRON HOLDINGS, LLC (“LENDER”)

This
Amendment #2 to Promissory Note dated November 29, 2006 (and Amendment #1
thereto) between ProUroCare Medical, Inc. (“Borrower”) and Adron Holdings, LLC
(“Lender”) (the “Note”) is made to amend the due date of the Note.

Note Amendments

The clause “PAYMENT TERMS” is hereby deleted and
replaced by the following:

PAYMENT TERMS.  This Note is due and payable on the first of (1) Borrower’s
closing on an aggregate of $750,000 of new financing after the date of the
Amendment #2, or (2) September 15, 2007. 
Borrower will pay Lender at Lender’s address shown above or at such
other place as Lender may designate in writing.

The clause “INTEREST” is hereby deleted and replaced
by the following:

INTEREST.  Interest shall
accrue on the unpaid principal at the rate of $5,000.00 per month on the unpaid
principal balance from November 29, 2006 through January 29, 2007 ($10,000 for
this two-month period).  Beginning January 30, 2007
interest shall accrue at the rate of 0.08333% of the unpaid and outstanding
principal per day.  Beginning May 1, 2007
interest shall accrue at the rate of 0.11506% of the unpaid and outstanding principal
per day.  Accrued interest shall be paid
at each month end, and all unpaid accrued interest shall be paid along with the
final payment of principal.

Both
parties hereby agree to the terms of this Amendment #2 as stated above.

 

	
  EXECUTED this 8th day of August, 2007.

  	
   

  
	
   

  	
   

  
	
  ProUroCare
  Medical Inc.

  	
  Adron Holdings, LLC

  
	
   

  	
   

  
	
   

  	
   

  
	
  /s/ Richard C. Carlson

  	
   

  	
  /s/ Ronald
  Musich

  	
   

  
	
   

  	
   

  
	
  Richard
  C. Carlson

  	
   

  	
   

  
	
   

  	
   

  
	
  Chief
  Executive Officer

  	
  Its:

  	
  Co-Chief ManagerExhibit
10.1

STATUSED REVOLVING CREDIT SUPPLEMENT

THIS SUPPLEMENT to the Master Loan Agreement dated October 6,
2005 (then “MLA”), is entered into as of June 6. 2007, between CoBANK, ACB (“CoBank”) and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota
(the “Company”), and amends and restates the Supplement dated August 29, 2006,
and numbered RIB051S01A.

SECTION 1.    
The Revolving Credit Facility.  On the terms and conditions set
forth in the MLA and this Supplement, CoBank agrees to make loans to the
Company during the period set forth below in an aggregate principal amount not
to exceed, at any one time outstanding, the lesser of $23,000,000.00 (the “Commitment”),
or the “Borrowing Base” (as calculated pursuant to the Borrowing Base Report
attached hereto as Exhibit A).  Within
the limits of the Commitment, the Company may borrow, repay and reborrow.

SECTION 2.    
Purpose.  The purpose of the Commitment is to finance
the inventory and receivables referred to in the Borrowing Base Report.

SECTION 3.    
Term.  The term of the Commitment shell be from the
date hereof, up to and including September 1, 2007, or such later date as
CoBank may, in its sole discretion, authorize in writing.

SECTION 4.    
Interest.  The Company agrees to pay interest on the
unpaid balance of the loans in accordance with one or more of the following
interest rate options, as selected by the Company.

(A)             CoBank
Base Rate.  At a rate pet annum equal at all times to 1⁄2
of of 1% below the rate of
established by CoBank from time to time as its CoBank Base Rate, which Rate is
intended by CoBank to be a reference rate and not its lowest  rate. The CoBank Base Rate will change on the
date established by CoBank as the effective date of any change therein and
CoBank agrees to notify the Company of any such change.

(B)             Quoted
Rate.  At a fixed rate per annum be quoted by CoBank
in its sole discretion in each
instance.  Under this option, rates may
be fixed on such  balances and for such
periods, as may be agreeable to CoBank in its sole discretion in each instance,
provided that: (1) the minimum fixed period shall be 30 days; (2) amounts maybe
fixed in increments of $100,000.00 or multiples thereof; and (3) the maximum
number of fixes in place at any one time shall be 5.

The
Company shall select the applicable rate option at the time it requests a loan
hereunder and may, subject to the limitations set forth above, elect to convert
balances bearing interest at the variable rate option to one of the fixed rate
options. Upon the expiration of any fixed rate period, interest shall
automatically accrue at the variable rate option unless the amount fixed is
repaid or fixed for an additional period in accordance with the terms
hereof.  Notwithstanding the 

foregoing,
rates may not be fixed for periods expiring after the maturity date of the
loans.  All elections provided for herein
shall be made telephonically or in writing and must be received by 12:00 Noon
Company’s local time.   Interest shall be
calculated on the actual number of days each loan is outstanding on the basis
of a year consisting of 360 days and shall be payab1e monthly in arrears by the
20th day of the following month or on such other day in such month as CoBank
shall require written notice to the Company.

SECTION 5.    
Promissory Note.  The Company promises to repay the unpaid
principal balance of the loans on the day that is six (6) months after the last
day of the term of the Commitment.   In
addition to the above, the Company promises to pay interest on the unpaid
balance of the loans at the times and in accordance with the provisions set
forth in Section 4 hereof.  This note
replaces and supersedes, but does not constitute payment of the indebtedness
evidenced by, the promissory note set forth in the Supplement being amended and
restated hereby.

SECTION 6.     Borrowing
Base Reports, Etc.
The Company agrees to furnish a Borrowing Base Report to CoBank such times or
intervals as CoBank may from time to time request.  Until receipt of such a request, the Company
agrees to furnish a Borrowing Base Report to CoBank within 30 days after each
month end calculating the Borrowing Base as of the last day of the month for
which the Report is being furnished. 
However, if no balance is outstanding hereunder on the last day of such
month, then no Report need  be
furnished.  Regardless of the frequency
of the reporting, if at any time the amount outstanding under the Commitment
exceeds the Borrowing Base, the Company shall immediately notify the CoBank and
repay so much of the loans as is necessary to reduce the amount outstanding
under the Commitment to the limits of the Borrowing Base.

SECTION 7.     Letters
of Credit.  If agreeable to CoBank in its sole discretion
in each instance, in addition to loans, the Company may utilize the Commitment
to open irrevocable letters of credit for its account. Each letter of credit
will be issued within a reasonable period of time after receipt of a duly
completed and executed copy of CoBank’s then current form of application or, if
applicable, in accordance with the terms or any CoTrade Agreement between the
parties, and shall reduce the amount available under the Commitment by the
maximum amount capable of being drawn thereunder. Any draw under any letter of
credit issued hereunder shall be deemed an advance under the Commitment.  Each letter of credit must be in form and
content acceptable to CoBank and must expire no later than the maturity date of
the Commitment.  Notwithstanding the
foregoing or any other provision hereof the maximum amount capable of being
drawn under each letter of credit must be statused against the Borrowing Base
in the same manner as if it were a loan, and in the event that (after repaying
all loans) the maximum amount capable of being drawn under the letters of
credit exceeds the Borrowing Base, then the Company shall immediately notify
CoBank and pay to CoBank (to be held as cash collateral) an amount equal to
such excess.

SECTION 8.    
Commitment Fee.  In consideration at the commitment, the
Company agrees to pay to CoBank a commitment fee on the average daily unused
portion of the Commitment at the rate of 1/4 of 1% per annum (calculated on a
360 day basis), payable monthly in arrears by the 20th day following each
month.  Such fee shall be payable for
each month (or 

portion
thereof) occurring during the original or any extended term of the
Commitment.  For purposes of calculating
the commitment fee only, the “Commitment” shall mean the dollar amount
specified in Section 1 hereof, irrespective of the Borrowing Base.

SECTION 9.    
Amendment Fee.   In consideration of the amendment, the
Company agrees to pay to CoBank on the execution hereof a fee in the amount of
$5,000.00.

IN WITNESS WHEREOF, the parties have caused this Supplement to
be executed by their duly authorized officers as of the date shown above.

	
  CoBANK, ACB

  	
   

  	
  SOUTH DAKOTA

  	
   

  
	
   

  	
   

  	
  SOYBEAN
  PROCESSORS, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  By: 

  	
  /s/ Penny
  Probaco

  	
   

  	
   

  	
  By:

  	
  /s/ Rodney Christianson

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Title:

  	
  Assistant
  Corporate Secretary

  	
   

  	
   

  	
  Title:

  	
  CEO

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  06/06/07

  	
   

  	
   

  
													

 

Indebtedness

We have two lines of credit with CoBank, our primary lender, to meet
the short and long-term needs of our operations. The first credit line is a
revolving long-term loan, which was amended on March 26, 2007. Under the terms
of this amended loan, we may borrow funds as needed up to the credit line
maximum, or $13.2 million, and then pay down the principal whenever excess cash
is available. Repaid amounts may be reborrowed up to the available credit
line.  The available credit line reduces
by $1.3 million every six months until maturity on March 20, 2013, except the
reduction is waived for September 2007 and March 2008.  Beginning in September 2008, the reduction
will continue and payments are required if our principal balance outstanding
exceeds our then available credit line. The final payment at maturity is equal
to the remaining unpaid principal balance of the loan. We pay a 0.50% annual
commitment fee on any funds not borrowed. The principal balance outstanding on
the revolving term loan was $13.2 million as of March 31, 2007 and March 31,
2006.

The second credit line is a revolving working capital loan that expires
on September 1, 2007. The primary purpose of this loan is to finance inventory
and receivables. The maximum available under this credit line is $16 million.
Borrowing base reports and financial statements are required monthly to justify
the balance borrowed on this line. We pay a 0.25% annual commitment fee on any
funds not borrowed; however, we have the option to reduce the credit line
during any given commitment period listed in the agreement to avoid the
commitment fee. The principal balance outstanding on the working capital loan
was approximately $6.75 million as of March 31, 2007, compared to $2,500 as of
March 31, 2006.

Both CoBank loans are set up with a variable rate option. The variable
rate is set by CoBank and changes weekly on the first business day of each
week. We also have a fixed rate option on both loans allowing us to fix rates
for any period between one day and the entire commitment period. The annual
interest rate on both the working capital and revolving term loans as of
March31, 2007 was 7.75%, compared to 7.45% as of March 31, 2006.  Both CoBank loans are secured by
substantially all of our assets and are subject to compliance with standard
financial covenants and the maintenance of certain financial ratios. We were in
compliance with all covenants and conditions with CoBank as of March 31, 2007
and as of the date of this filing.

We also have other long-term contracts and notes totaling approximately
$0.9 million, with a weighted average annual interest rate of 4.4% as of March
31, 2007.  These arrangements include a
no interest $621,000 long-term note payable to the other USSC shareholders
relating to our purchase of their tendered shares in USSC.  The obligation is secured by the purchased
shares. We made principal payments of $35,000 and $85,000 on  these additional long-term obligations during
the three months ended March 31, 2007 and 2006, respectively.

Out indebtedness is expected to increase in 2008 as a result of
improvements to our facility’s railway infrastructure. We are currently
guaranteeing a $1.81 million loan between the State of South Dakota Department
of Transportation and the Brookings County Regional Railway Authority. This
guaranty, however, will become a direct obligation of ours beginning in 2008,
at which time we will begin making principal and interest payments directly on
an annual basis. For further details of this transaction, please see “Off-Balance
Sheet Financing Arrangements-Guaranty” below.

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