Exhibit 10.4

 

AMENDMENT NO. 1 TO PROMISSORY NOTE

 

AMENDMENT NO. 1 TO PROMISSORY NOTE (the "NOTE"), dated as of March 31, 2010
(this “Amendment”), among CORNERWORLD CORPORATION, a Nevada corporation (the
“Borrower”) and MARC BLUMBERG. (“Lender”).

 

WITNESSETH:

 

WHEREAS, on August 28, 2009, the Borrower and the Lender party thereto entered
into the Promissory Note dated as of February 23, 2009 (as it may be amended
from time to time, the “Promissory Note”).

 

WHEREAS, the Borrower has requested, and the Lender has agreed, to amend the
Promissory Note as set forth below.

 

NOW, THEREFORE, in consideration of the premises and the agreements hereinafter
contained, and for other good and valuable consideration, notwithstanding any
provisions of the Promissory Note to the contrary, the parties hereto hereby
agree to amend and replace in its entirety ARTICLE I (a), as follows:

 

a) Principal on the Note will be paid according to Schedule A, as attached
hereto.

 

 

 

/s/ Scott N. Beck

 

By: Scott N. Beck

 

CORNERWORLD CORPORATION

 

Its: Chief Executive Officer

 

 

 

 

 

/s/ Marc Blumberg

 

By: Marc Blumberg

 

1

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Schedule A to Promissory Note:

 

Scheduled Payment Date

Amount

 

 

June 2, 2009

$3,580

 

 

March 31, 2010

$1,000

 

 

April 30, 2010

$1,000

 

 

May 31, 2010

$1,000

 

 

June 30, 2010

$1,000

 

 

July 31, 2010

$1,000

 

 

August 31, 2010

$1,000

 

 

September 30, 2010

$1,000

 

 

October 31, 2010

$1,000

 

 

November 30, 2010

$1,000

 

 

December 31, 2010

$1,000

 

 

March 31, 2011

$15,000

 

 

June 30, 2011

$15,000

 

 

September 30, 2011

$15,000

 

 

December 31, 2011

$15,000

 

 

March 31, 2012

$15,000

 

 

June 30, 2012

$15,000

 

 

September 30, 2012

$15,000

 

 

December 31, 2012

$31,420

 

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