AMENDMENT #1 TO PROMISSORY NOTE DATED JULY 31, 2007 BETWEEN PROUROCARE MEDICAL, INC. (“BORROWER”) AND THE PHILLIPS W. SMITH FAMILY TRUST (“LENDER”)
Exhibit 10.48
AMENDMENT #1 TO PROMISSORY NOTE DATED JULY
31,
2007 BETWEEN PROUROCARE MEDICAL, INC.
(“BORROWER”) AND THE ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ FAMILY
TRUST (“LENDER”)
This Amendment #1 to Promissory Note dated July 31, 2008 between ProUroCare Medical, Inc. (“Borrower”) and ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ (“Lender”) (the “Note”) is made to extend the due date of the Note.
Note Amendments
The clause “Payment of Principal and Interest” is hereby deleted and replaced by the following:
1. Payment of Principal and Interest. The unpaid principal amount of this Note is due and payable, along with unpaid interest accrued thereon, upon Borrower’s first closing on an aggregate $500,000 or more of financing following the date of this Amendment #1.
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EXECUTED this 11th day of March, 2008. |
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