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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
 
 
ST. GEORGE INVESTMENTS, LLC, an
Illinois limited liability company,
 
Plaintiff,
 
vs.
 
EGPI FIRECREEK, INC., 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
EGPI Firecreek, Inc., a Nevada corporation (“Defendant”), as follows:

 

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1.           Defendant failed to comply with the terms of that certain
Convertible Promissory Note dated January 15, 2010, 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 $86,000.00, 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 St. George Investments until or unless Defendant fails to pay
amounts due, when due, 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 __________________
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Defendant, EGPI Firecreek, Inc., 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 (as defined in that
certain Convertible Promissory Note dated of even date herewith (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 has occurred;
provided, however, that upon an Event of Default, St. George Investments shall
be entitled to immediately file such Judgment by Confession in ex parte
fashion.  St. George Investments’s counsel 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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[ex10-9pg4.jpg]
 
 
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EXHIBIT A

CONVERTIBLE PROMISSORY NOTE

 
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