Unassociated Document


    PROMISSORY NOTE- CMC
XXV

    Indigo-Energy,
Inc.

    


    
      
        	
                $75,000
      (Seventy Five Thousand Dollars)

              	
                Dated:
      6-5-2009

              
	
                Principal
      Amount

              	
                State
      of Nevada  

              


      

    

    


    Funding Date- On or before
June 5, 2009

    Due Date-  June 5,
2011

    


    FOR VALUE RECEIVED, Seventy Five
Thousand Dollars ($75,000), the undersigned, Indigo-Energy, Inc., a Nevada
Corporation, located at 701 N. Green Valley Parkway, Suite 200, Henderson, NV
89074 (Borrowers) hereby promises to pay to the order
of Carr-Miller Capital (Maker) the sum of $75,000 (Seventy Five
Thousand Dollars).  The purpose of this funding is to meet the first
part of the requirement of the Global Finance Agreement Section 2. a. ii) $500K
for the third of six funding commitments.  Said sum shall be paid in
the manner following:

    


    This
Promissory Note shall
bear simple Interest at
ten percent (10%) per annum from the Funding Date to the Due Date.

    


    At the
Due Date Borrower will repay the Note in the following manner:

    


    Borrower
will repay the Principal Amount along with outstanding Interest due within 10
days of the Due Date via check to the Makers address.  Borrower may
pre-pay this note at any time without penalty by payment of Principal Amount and
pro-rata interest.

    


    This Note
shall at the option of the Maker be immediately due and payable upon the
occurrence of any of the following:

    


    
      	
               
      

            	
              1-

            	
              Breach
      of any condition of any of the security
  interest.

            


    

    
      	
               
      

            	
              2-

            	
              Upon
      the insolvency, dissolution, or liquidation of the
    Borrowers.

            


    

    


    In the
event this note shall be in default, and placed with an attorney for collection,
then the Borrower agrees to pay all reasonable attorney fees and costs of
collection. Payments not made within 10 days of due date shall be subject to a
late charge of 10% of said payment.  All payments hereunder shall be
made to the Maker.


    
      
         


      

      
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    The
Borrowers agree to be fully bound hereunder until this note shall be fully paid
and waive demand, presentment and protest and all notices thereto and further
agrees to remain bound, notwithstanding any extension, renewal, modification,
waiver, or other indulgence by the Maker or upon the discharge or release of the
Borrowers, or upon the exchange, substitution, or release of any collateral
granted as security for this Note.  No modification or indulgence by
Maker shall be binding unless in writing, and any indulgence for one occasion
shall not be an indulgence for any other or future occasion.  This
Note shall take effect as a sealed instrument and shall be construed, governed,
and enforced in accordance with the laws of the State of Nevada.

    


    
      
        
          
            	
                    Signed
      the date recorded below:

                  	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	/s/
      Stanley L. Teeple	 
      	06/05/09	 
      
	
                    Stanley
      L. Teeple, CFO

                  	 
      	
                    Date

                  	 
      
	
                    Indigo-Energy,
      Inc.

                  	 
      	 
      	 
      


          

        

      

    

    


    
      
        
          
            
              	
                      Accepted
      by Maker:

                    	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      
	
                      Carr-Miller
      Capital

                    	 
      	
                      Date

                    	 
      	
                      TIN

                    	 
      


            

          

        

      

    

     

    
      
         


      

      
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