By Bill Cooney, PGATOUR.COM ST. SIMONS ISLAND, Ga. -- Arjun Atwal knows about his precarious position on the money list. On Friday at The McGladrey Classic, Atwal did something about it. Atwal, currently 175th in money, carded a 7-under 63 in the second round at Sea Island Golf Club to take a one-shot lead at 10-under 130 over tournament host Davis Love III (66) and Jim Furyk (65). "Yeah, I'm in a desperate situation," Atwal said. "I got no choice to either win or finish in the top two, I think my caddie figured out. So I've just got to grind it out." Atwal had eight birdies and one bogey, hitting 14 greens in regulation. He needed only 25 putts -- which included birdies from 17, 13 and 20 feet. And, yes, he would likely need a top-five finish or higher to crack the top 125 on the money list to be exempt for 2013. "Oh, it feels great. I don't even know how many (putts) I made," said Atwal, who recently moved his hands higher in order to get over the golf ball better at address. Love knocked his tee shot on the 192-yard 17th to 4 feet and converted for a birdie, setting off a round of cheers from the nearby "Dawg House" grandstands at Sea Island (A party palace of sorts for University of Georgia Bulldogs fans). Love is using a new putter this week, which is believed to be an old belly putter that fellow pro Brian Bateman used to play with. Love, however, does not anchor the putter to his stomach when he putts. "I've been messing around with this putter for well over a year," Love said. "I just haven't had the nerve to put it in play." Meanwhile, Furyk is bouncing back yet again in his first tournament since the U.S. lost the Ryder Cup. He's already had seven top 10s in 2012, but badly wants a victory -- he hasn't won since 2010 -- after a year full of close calls. "I have a lot of confidence in my ball striking right now, but you know, when you don't play a lot, sometimes it's the course management, making the good decisions," Furyk said. "And so far that's all kind of coming back to me slowly and I've kind of gained momentum as the last two rounds have gone on." First-round co-leader and Jacksonville native Bud Cauley carded a 70 and was tied for fourth place, two shots back at 8 under with David Toms (67) and Gavin Coles (65). Cauley tied the course record and set a personal best on the PGA TOUR with a 62 on Thursday. In Round 2, his iron game wasn't as sharp. "Just kind of didn't have it today," Cauley said. "I would have loved to have shot under par, but even is not too bad. So I'm going to go on the range and work on it and hopefully play better on the weekend."