EXHIBIT 10.3

                  Promissory Note with West Jordan Real Estate

$230.000.00     Dated;  May  11,  2005
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PROMISSORY  NOTE
     FOR  VALUE  RECEIVED,  DIVERSIFIED  FINANCIAL  RESOURCES  -J  CORPORATION a
Delaware  corporation  and  BTA  MINERAL  SERVITUDE  CORPORATION, S.A. DE C.V. a
foreign  corporation  (jointly  hereinafter known as "Maker") promises to pay to
West Jordan Real Estate Holdings, loc., a Utah corporation ("Holder"), or order,
Two  Hundred  Thirty  Thousand  and  00/100  Dollars  ($230,000.00),

     1.     Payments.  The  principal on the obligation represented hereby shall
be  repaid by the Holder in one payment, due on the 11th day of May, 2006 in the
sum  of  Two  Hundred Thirty Thousand dollars ($230,000.00) in principle and all
interest  then  accrued  if  such amounts have not been paid prior to that date,
obligations due wider this Note shall be paid in full on or before May 11, 2006,
monthly  payments  in the amount of not less than Five Thousand Dollars ($5,000)
shall  be  due the 11`h day of each month beginning June 11, 2005 and each month
thereafter  until  this  Note  has  been  paid  in  full,

     This  note  is  be treated as full and complete payment and satisfaction of
two  prior  promissory  notes  of  the  Maker,  Diversified  Financial Resources
Corporation,  to  the  Holder's  parent corporation, Nexia Holdings, Inc. in the
sums  of $100,000, dated December 16, 2004 and $30,000, dated April 1, 2005. The
obligations stated herein include the assumption and payment of the two notes as
described  herein  above.

2.      Interest. The obligation shall bear simple interest which is included in
     the  required  payments, as set forth above, shall be at the rate of 8% per
annum,  which  shall, be included in the payments due on the 11 ' of each month.
In  the  event  of any default in payment, interest on past due interest and any
remaining  principal  shall  be  done  at  the  rate  of 18% per annum until all
interest  and  principal  shall  have  been  paid  in  full.

3.      Type  and Place of Payments. Payments of principal and interest shall be
made  in  lawful money of the United States of America to the above-named Holder
at  59  West  100  South,  Second  Floor,  Salt Lake City, Utah 84101, or order.

4.          Prepayment. Advance payment or payments may be made on the prircipal
     and  merest.

5.      Default.  Upon  the  occurrence  or during the continuance of any one or
more of the events hereinafter enumerated, Holder or the holder of this Note may
     forthwith  or  at  any  time  thereafter during the continuance of any such
event,  by  notice  in  writing  to the Maker, declare the unpaid balance of the
principal  and  interest  on the Note to be immediately due and payable, and the
principal  and  interest  shall  become and shall be immediately due and payable
without  presentation,  demand,  protest,  notice of protest, or other notice of
dishonor,  all  of which are hereby expressly waived by Maker, such events being
as follows: Default in the payment of the principal and interest of this Note or
any  portion  thereof,  when  the  same shall become due and payable, whether at
maturity as herein expressed, by acceleration, or otherwise, unless cured within
five  (5)  days  after  notice  thereof  by Holder or the holder of such Note to
Maker.

(a)     Maker  shall  file  a  voluntary  petition  in bankruptcy or a voluntary
petition  seeking  reorganization,  or  shall  file  an  answer  admitting  the
jurisdiction  of  the  court  and  any  material  allegations  of an involuntary
petition  filed pursuant to any act of Congress relating to bankruptcy or to any
act  purporting  to  be amendatory thereof, or shall be adjudicated ba nhupt, or
shall  make  an  assignment  for the benefit of creditors, or shall apply for or
consent  to  the  appointment of any receiver or trustee for Maker, or of all or
any substantial portion of its property, or Maker shall make an assignment to an
     agent  authorized  to  liquidate  any  substantial  part  of its assets; or

(b)     An  order  shall  be entered pursuant to any act of Congress relating to
bankruptcy  or  to  any  act  purporting  to  be amendatory thereof approving an
involuntary  petition  seeking  reorganization  of the Maker, or an order of any
court  shall  be  entered appointing any receiver or trustee of or for Maker, or
any  receiver  of  trustee  of all or any substantial portion of the property of
Maker;  or  a  writ  or  warrant  of attachment or -any similar process shall be
issued  by  any  court against all or any substantial portion of the property of
Maker, and such order approving a petition 'seeking reorganization or appointing
     a  receiver  or  trustee is not vacated or stayed, or such writ, warrant of
attachment,or  similar  process  is not released or bonded within 60 days after,
its  entry  or  levy.
6.      Attorneys' Fees. If this Note is placed with an attorney for collection,
     or  if  suit be instituted for collection, or if any other remedy permitted
by  law is pursued by Holder, because of any default in-the terms and conditions
herein,  then in such event, the undersigned agrees to pay reasonable attorneys'
fees,  costs,  and  other  expenses  incurred  by  Holder  in  so  doing.

7.      Conversion.  In  the event that Maker proposes, and Holder accepts, that
any  payment  or partial payment of the obligations dine under the terms of this
Note  be  made in the form of Securities (common stock) of the Maker, Maker does
hereby  unconditionally guaranty the sales proceeds of any such securities shall
equal  the  full  amount of the obligations as specified hereunder, in the event
that  such  sale  proceeds fail to generate cash proceeds to the Holder equal to
the obligations as set forth herein, Maker agrees to issue additional securities
     until  such  obligations  are fully satisfied by the cash proceeds from the
sales  of  such  securities.

8.     Construction.  This Note shall be governed by and construed in accordance
with  the  laws  of  the  State  of  Utah.

9.     Security.  This  Note  shall  be secured by the payments due to Maker for
the sale of Condominium Units R-301, R-302, R-303, and R-307, located in the New
     Brigham  Buildings,  2432  Wall  Avenue,  Ogden,  Utah 84401, real property
located  at 5721 South 1080 East, Murray, Utah 84107 and interests in any mining
claims  or  concessions held by Maker, each of which shall serve as security for
the  payment  of  this  Note.


Diversified  Financial  Resources  Corporation
     /s/  Dennis  Thompson
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By  Dennis  Thompson,  President



BTA  Mineral  Servitude  Corporation,  S.A.  DE  C.V.
     /s/  John  R.  Chapman
     ----------------------
By  John  R.  Chapman