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Exhibit 10.5
 
 
 
_______________________ (________)
________________________________
________________________________
________________________________
Telephone:  (_____) _______________
Facsimile: (_____) ________________

Attorney for St. George Investments, LLC
 

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IN THE CIRCUIT COURT OF COOK COUNTY, ILLINOIS
FIRST MUNICIPAL DISTRICT
COUNTY DEPARTMENT – LAW DIVISION 

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ST. GEORGE INVESTMENTS, LLC,
an Illinois limited liability company,
 
Plaintiff,
 
vs.
 
HELIX WIND, CORP., a Nevada  corporation,
 
Defendant.
 
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JUDGMENT BY CONFESSION
 
Case
No. _____________________                                                      
 
Judge ________________________                                                     

Pursuant to 735 ILCS 5/2-1301(c) and the affidavit of counsel for St. George
Investments, LLC, an Illinois limited liability company, its successors or
assigns (“St. George Investments”), the Court hereby enters judgment against
Helix Wind, Corp., a Nevada corporation (“Defendant”), as follows:
 
 
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1.           Defendant failed to comply with the terms of that certain Secured
Convertible Promissory Note dated July 1, 2011, made by Defendant in favor of
St. George Investments and executed in Cook County, Illinois, attached hereto as
Exhibit A (the “Note”), in that Defendant failed to make a required payment or
payments thereunder.
 
2.           By virtue of Defendant’s default and violation of the Note,
judgment in favor of St. George Investments is hereby entered against Defendant
in the amount of $72,500.00, plus costs and accrued and unpaid interest, less
any payments previously made by Defendant, which net amount is $________________
(the “Judgment Amount”).
 
3.           Interest shall accrue on the Judgment Amount at the rate of
eighteen percent (18%) per annum until all amounts due under the terms of this
Judgment by Confession are paid to St. George Investments.
 
4.           It is agreed that this Judgment by Confession shall not be filed or
recorded by Plaintiff until or unless the occurrence of an Event of Default (as
defined in the Note) under the Note.
 
 
DATED this ____day of ___________, 20___.
 
BY THE COURT

___________________________________
First Municipal District Court Judge
 
 
 
 
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CONSENT TO ENTRY OF JUDGMENT BY CONFESSION

__________________ COUNTY                                   )
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STATE OF __________________                                 )

Defendant, Helix Wind, Corp., a Nevada corporation (“Defendant”), hereby
knowingly and voluntarily waives service of process and consents to the entry of
this Judgment by Confession at the request of counsel for St. George
Investments, LLC, an Illinois limited liability company, its successors or
assigns (“St. George Investments”), if an Event of Default or  a Trigger Event
(as those terms are defined in that certain Secured Convertible Promissory Note
made by Defendant in favor of St. George Investments and dated July 1, 2011 (the
“Note”)) occurs.  The Judgment Amount (as defined in the Judgment by Confession)
shall be all unpaid amounts accrued and owing under the Note at the time the
Judgment by Confession is filed.  St. George Investments agrees it will not file
the Judgment by Confession unless and until an Event of Default or a Trigger
Event has occurred; provided, however, that upon an Event of Default or a
Trigger Event, St. George Investments shall be entitled to immediately file such
Judgment by Confession in ex parte fashion.  Counsel to St. George Investments
shall provide the Court with an affidavit stating that Defendant has failed to
abide by and satisfy the terms of the Note and stating the Judgment Amount.
 

 

 

 

 
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HELIX WIND, CORP.
 
 

 

By:__________________________________________________________  
Dated:_________________________________________________
Name:________________________________________________________    
Title:_________________________________________________________     

 

Subscribed and sworn to before me by ________________ on this ___ day of
__________ 2011.

 

    Notary Public

 

 
                          
 
 
 
                                       
 
 
 
 
 
 
 
 
 
 
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EXHIBIT A

SECURED CONVERTIBLE PROMISSORY NOTE
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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