Document:

Unassociated Document

    Line
      of Credit Agreement

    

    
      	Three Hundred Thousand
              dollars
              ($300,000)	
              April
                27, 2007

              Fort
                Wayne,
                Indiana

            

    

    

    Freedom
      Financial Holdings, Inc., (FFH) a corporation organized and existing under
      the
      laws of the State of Maryland, having its principal place of business at 6615
      Brotherhood Way, Fort Wayne, Indiana (the "Borrower") promises to pay to the
      order of Robert Carteaux an individual existing under the laws of the State
      of
      Indiana having its principal residence at 7009 Woodcroft Lane, Fort Wayne,
      Indiana 46804 (the "Lender") at the residence of the Lender or such other place
      as the holder hereof shall designate the amount of principal that has been
      borrowed on this agreed line of credit with a maximum amount of three hundred
      thousand dollars ($300,000).

    

    The
      term
      on this line of Credit will be at an interest rate gain of ten percent (10%).
      Said principle and flat ten percent (10%) will be paid in full upon the
      successful completion of the anticipated Initial Public Offering of FFH. If
      said
      Offering is not completed within six months of the date of this agreement,
      an
      additional rate of ten percent (10%) will be added to the principle amount
      owed.

    

    All
      loans
      hereunder and all payments on account of principal hereof shall be recorded
      by
      the Lender and, prior to any transfer hereof, endorsed on the grid attached
      which is part of this Line of Credit agreement, the entries on the records
      of
      the Lender (including any appearing on this Line of Credit) shall be prima
      facie
      evidence of amounts outstanding hereunder.

    

    All
      or
      any part of the aforesaid principal sum and interest may be prepaid at any
      time
      and from time to time without penalty. 

    

    Any
      deposits or other sums at any time credited by or due from the holder to the
      Borrower, or to any endorser or guarantor hereof, and any securities or other
      property of the Borrower or any such endorser or guarantor at any time in the
      possession of the holder may at all times be held and treated as collateral
      for
      the payment of this Line of Credit and any and all other liabilities (direct
      or
      indirect, absolute or contingent, sole, joint or several, secured or unsecured,
      due or to become due, now existing or hereafter arising) of the Borrower to
      the
      holder. Regardless of the adequacy of collateral, the holder may apply or set
      off such deposits or other sums against such liabilities at any time in the
      case
      of the Borrower, but only with respect to matured liabilities in the case of
      endorsers and guarantors.

    

    The
      Borrower and every endorser and guarantor of this Line of Credit hereby waive
      presentment, demand, notice protest and all other demands and notices in
      connection with the delivery, acceptance, performance, default or enforcement
      hereof and consent that no indulgence, and no substitution, release or surrender
      collateral, and no discharge or release of any other party primarily or
      secondarily liable hereon, shall discharge or otherwise affect the liability
      of
      the Borrower or any such endorser or guarantor. No delay or omission on the
      part
      of the holder in exercising any right hereunder shall operate as a waiver of
      such right or any other right hereunder, and a waiver of any such right on
      any
      one occasion shall not be construed as a bar to or waiver of any such right
      on
      any future occasion.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Any
      notice to Borrower provided for in this Line of Credit shall be given by mailing
      such notice by certified mail return receipt requested addressed to Borrower
      at
      the address stated below, or to such other address as Borrower may designate
      by
      notice to the Line of Credit holder. Any notice to the Line of Credit holder
      shall be given by mailing such notice by certified mail, return receipt
      requested, to the Line of Credit holder at the address stated above in this
      Line
      of Credit, or at such other address as may have been designated by notice to
      Borrower.

    

    The
      Borrower and every endorser and guarantor hereof agree to pay on demand all
      costs and expenses (including legal costs and attorneys' fees) incurred or
      paid
      by the holder in enforcing this Line of Credit on default.

    

    This
      Line
      of Credit shall take effect as a sealed instrument and shall be governed by
      the
      laws of the State of Indiana.

    

    

                /s/                                            
      

    Brian
      Kistler

    CEO

    Freedom
      Financial Holdings, Inc

    

    

    

                /s/                                            

    Robert
      W.
      Carteaux

    7009
      Woodcroft Lane

    Fort
      Wayne, In 46804

     

     

    

      
        	
                GRID

              	 
	
                ADVANCES
                  AND PAYMENTS OF PRINCIPAL

              	 
	
                Date

              	 	
                Amount

                of

                Loan

              	 	
                Outstanding

                Principal

                Balance

              	 	
                Notation

                Made

                By

              	 
	 	 	 	 	 	 	 	 
	
                4/27/07

              	 	
                $

              	
                100,000

              	 	
                $

              	
                100,000

              	 	 	
                BK

              	 
	
                5/21/07

              	 	
                $

              	
                100,000

              	 	
                $

              	
                200,000

              	 	 	
                BK

              	 
	
                6/26/07

              	 	
                $

              	
                100,000

              	 	
                $

              	
                300,000

              	 	 	
                BKUnassociated Document

    SECOND
      AMENDMENT TO FRIEDLAND CAPITAL CORPORATE FINANCE ADVISORY SERVICES
      AGREEMENT

    

    This
      Second Amendment to the Friedland Capital Corporate Finance Advisory Services
      Agreement is made and entered into as of June 25, 2007, by and among Friedland
      Capital, Inc. (“Friedland”) and Freedom Financial Holdings, Inc., a Maryland
      corporation, (“Freedom”) which is the successor corporation to Titan Holdings,
      Inc. (the “Company”).

    

    WHEREAS,
      Friedland and the former Titan Holdings, Inc. entered into a consulting
      agreement (the “Agreement”) on August 4, 2005;

    

    WHEREAS,
      Friedland and the Company desire to amend the Agreement in order to clarify
      the
      terms of the Agreement and in order to reflect the actual progression of events;
      

    

    NOW,
      THEREFORE, the Friedland and the Company agree as follows:

    

    Section
      2. Costs for Services. This section shall be removed in its entirety and
      replaced by the following:

    

    The
      Company agreed to pay FRIEDLAND for the services to be performed by FRIEDLAND
      the following fees:

    

    	·  	
            US
              $15,000 upon the execution of this Agreement and prior to the initiation
              of any services by FRIEDLAND

          

    	·  	
            US
              $35,000 upon the selection of a US securities
              attorney

          

    	·  	
            US
              $50,000 for services regarding the drafting of a business plan, the
              board
              of directors, and general corporate development strategies for the
              Company

          

    

    The
      aforementioned payments were completed as of November 2005.

    

    Section
      3. Disclosure. This section shall be removed in its entirety and replaced by
      the
      following:

    

    Additionally,
      it is acknowledged that FRIEDLAND, and/or an affiliate of FRIEDLAND entered
      into
      a services agreement with a Maryland corporation, Northern Business Acquisition
      Corp., which changed its name to Freedom Financial Holdings, Inc. (“Freedom”),
      and assisted Freedom with the identification and negotiation of an appropriate
      privately-held company, the Company, to be merged into or acquired by Freedom.
      Freedom compensated FRIEDLAND and/or an affiliate of FRIEDLAND with shares
      of
      common stock of Freedom. The number of shares were based on an amount estimated
      to represent ten percent 10% of the number of shares to be outstanding upon
      the
      completion of the merger of Freedom with the Company. The shares were further
      adjusted to represent 10% of the number of shares outstanding of Freedom, on
      a
      fully diluted basis, upon the acquisition by Freedom of Freedom Financial
      Mortgage Corporation. FRIEDLAND and/or an affiliate of FRIEDLAND had the option
      to allocate all or a portion of these shares to other parties. The final
      issuance of shares pursuant to this Section 3 occurred in April 2006.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
 

    IN
      WITNESS WHEREOF, the parties have executed this Agreement, this 25th
      day of
      June, 2007. 

    

    COMPANY

    

    

    BY: _________/s/________________

    Brian
      K.
      Kistler

    

    TITLE:
      President/CEO

    

    

    FRIEDLAND
      CAPITAL, INC.

    

    

    BY: _________/s/________________

    Jeffrey
      O. Friedland

    

    TITLE:
      Managing Director

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