|   | A. | Loan Repayment      Terms. |
|--------|----|----------------------------|

|   | BORROWER      shall make monthly principal and interest payments to LENDER in the      amounts set forth in LENDER’S monthly margin account statement relating to      the Loan Amount hereunder, until such time as LENDER shall make a demand      upon BORROWER for repayment at which time BORROWER shall repay to LENDER      the entire Loan Amount (including principal and all accrued interest) in      accordance with the terms of the Promissory Note set forth      above. |
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|   | B. | Demand by Lender. |
|--------|----|-------------------|

|   | This      is a “demand” Agreement under which: (i) as a precondition to      receiving a monthly payment, LENDER shall proffer to BORROWER its monthly      margin account statement relating to the Loan Amount hereunder; and (ii)      BORROWER shall repay in full the entire outstanding Loan Amount as set      forth in the Promissory Note above upon receiving a written demand from      LENDER for full repayment of the Loan Amount.  Delivery of      written monthly margin account statement and/or demand notice by LENDER to      BORROWER may be made in person or via U.S. Postal Service Certified Mail      (which mailing shall constitute prima facie evidence of      delivery).  For mailing of said notice, LENDER shall use      BORROWER’S address as stated below in the portion of this Agreement      pertaining to default. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | C. | Method of Loan      Payment. |
|--------|----|------------------------------|

|   | The      BORROWER shall make all payments called for under this Agreement by either      personally delivering or sending a check made payable to the following      individual at the addressindicated: |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | D. | Default. |
|--------|----|----------|

|   | The      occurrence of any of the following events shall constitute a default by      the BORROWER of the terms of thisAgreement: |
|--------|-----------------------------------------------------------------------------------------------------------------------------------|

|   | 1. | BORROWER’s      failure to pay any amount due as principal or interest on a date required      under this Agreement. |
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|   | 2. | BORROWER      seeks an order of relief under the Federal Bankruptcy  laws. |
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|   | 3. | A      federal tax lien is filed against the assets of  BORROWER. |
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|   | E. | Additional Provisions Regarding      Default: |
|--------|----|-----------------------------------------------|

|   | 1. | Addressee      and Address to which LENDER is to give BORROWER written notice of      default: |
|--------|----|------------------------------------------------------------------------------------------------|

|   | 2. | Cure of      Default.  Upon default, LENDER shall give BORROWER      written notice of default either in person or by mail.  Mailing      of written notice by LENDER to BORROWER via U.S. Postal Service Certified      Mail shall constitute prima facie evidence of      delivery.  BORROWER shall have fifteen (15) days after receipt      of written notice of default from LENDER to cure said      default.  In the case of default due solely to BORROWER’s      failure to make a timely payment as called for in this Agreement, BORROWER      may cure the default by making full payment of any principal and accrued      interest (including interest on these amounts) whose payment to LENDER is      overdue under the Agreement and, also, the late−payment penalty described      below. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3. | Penalty for Late      Payment.  There shall also be imposed upon BORROWER a 2%      penalty for any late payment computed upon the amount of any principal and      accrued interest whose payment to LENDER is overdue under this Agreement      and for which LENDER has delivered a notice of default to      BORROWER.  For example, if the agreement calls for monthly      payments of $500 upon the first day of each month and BORROWER fails to      make timely payment of said amount, BORROWER (after receipt of a default      notice from LENDER) shall be liable to LENDER for a penalty of $10 (i.e.,      $500 x 2%) and, to cure the default, the BORROWER must pay to LENDER the      overdue loan amount of $500, interest upon the overdue loan amount, and a      penalty of $10. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 4. | Acceleration.  If the      BORROWER fails to cure any default on or before the expiration of the      fifteen (15) day cure period that starts on the date BORROWER receives      written notice from LENDER that an event of default has occurred under      this Agreement, the entire unpaid principal, accrued interest, and      penalties under this Agreement shall accelerate and become due and payable      immediately. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 5. | Indemnification of Attorneys      Fees and out−of−pocket costs.  Should any Party      materially breach this Agreement, the non−breaching Party shall be      indemnified by the breaching Party for its reasonable attorneys fees and      out−of−pocket costs which in any way relate to, or were precipitated by,      the breach hereof.  The term “out−of−pocket costs”, as used      herein, shall not include lost profits.  A default by BORROWER      which is not cured within fifteen (15) days after receiving a written      notice of default from LENDER constitutes a material breach of this      Agreement by BORROWER. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | F. | Parties that are not      individuals.  The      individual signing on behalf of BORROWER, hereby represents and warrants      that all steps and actions have been taken under the BORROWER’s governing      instruments to authorize the entry into this Agreement.  Breach      of any representation contained in this paragraph is considered a material      breach of the Agreement. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | G. | Integration.  This      Agreement sets forth the entire agreement between the Parties with regard      to the subject matter hereof.  All prior agreements,      representations and warranties, express or implied, oral or written, with      respect to the subject matter hereof, are hereby superseded by this      Agreement.  This is an integrated  Agreement. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | H. | Severability.  In the      event any provision of this Agreement is deemed to be void, invalid, or      unenforceable, that provision shall be severed from the remainder of this      Agreement so as not to cause the invalidity or unenforceability of the      remainder of this Agreement.  All remaining provisions of this      Agreement shall then continue in full force and effect.  If any      provision shall be deemed invalid due to its scope or breadth, such      provision shall be deemed valid to the extent of the scope and breadth      permitted by law. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | I. | Modification.  Except as      otherwise provided in this document, this Agreement may be modified,      superseded, or voided only upon the written and signed agreement of the      Parties.  Further, the physical destruction or loss of this      document shall not be construed as a modification or termination of the      Agreement contained herein. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | J. | Exclusive Jurisdiction for Suit      in Case of Breach.  The      Parties, by entering into this Agreement, submit to jurisdiction in the      state and federal courts of Orange County, California, for      adjudication of any disputes and/or claims between the Parties under this      Agreement.  Furthermore, the Parties hereby agree that the state      and federal courts of Orange County, California shall have exclusive      jurisdiction over any disputes between the Parties relative to this      Agreement, whether said disputes sounds in contract, tort, or other areas      of the law. |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | K. | State Law.  This      Agreement shall be interpreted under, and governed by, the laws of the      state of California, without reference to conflicts of laws or related      principals. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| BORROWER(S)/S/      Ryan BoyajianMortgage      Modification Legal Network, Inc.By:      Ryan BoyajianTitle:      President  | LENDER/S/      Andrew KardishAndrew      Kardish   |
|----------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------|
| Dated:      January 9, 2009                                                                                                      | Dated:      January 9, 2009                             |

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