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TAX ID# 87-03-72864

                                            First Savings Bank, PSB              Loan Number 38728

UNITED HERt1'AGECORPORATION               301 South Center, Suite 120            Date APR 25,2001

                                                                                                               I

2 NORTH CADDO                                  Arlington,. Tx 76010            i Maturity Date APR 25, 2002

CLEBURNE, TX 76031                                                               Loan Amount $ 2.000.000.00 Renewal Of 38728
                                     i
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     BORROWER'S NAME AND ADDRESS     ( JG     LENDER'S NAME AND ADDRESS   JAN

      L 't' INCLUDES each boffdwef above.  joint and severally.  'You' means the
lender, it successors and assigns. -

      For  value  received,  I promise  to pay to you,  or your  order,  at your
address listed above the PRINCIPAL sum of

      TWO MILLION AND NO/100oooo Dollars $ 2.000.000.00

      CJ  Single  Advance:  I will  receive  all of this  principal  sum on . No
additional advances are contemplated under this note.

      (R) Multiple Advance:  The principal sum shown above is the maximum amount
of principal I can borrow under this note. On APR 25 2001

      1 will receive the amount of 8 *2,000,000.00 and future principal advances
are contemplated.

      Conditions:  The conditions for future advances are A PHONE VERBAL WRITTEN
OR IN PERSON REQUEST BY BORROWER

S BANK HAS RECEIVED ALL DOCUMENTS INFORMATION AND WARRANTIES AS BANK MAY REQUIRE
ALL PROPERLY EXECUTED IF APPROPRIATE. IN A FORM ACCEPTABLE TO BANK C BORROWER IS
NOT IN DEFAULT ON THIS OR ANY OTHER DEBT.

(C)   Open End  Credit:  You and I agree  that 1 may  borrow  up to the  maximum
      amount of  principal  more than one time.  This  feature is subject to all
      other  conditions  and  expires  on APR 25 2002 " THIS  LOAN IS NOT  UNDER
      CHAPTER 15 OF THE TEXAS CREDIT CODE.

Closed End Credit:  You and 1 agree that I may borrow up to the maximum only one
time land subject to all other conditional.

INTEREST: I agree to pay interest on the outstanding  principal balance from APR
25.  2001 at the rate of 8.5000 % per year  until  FIRST  RATE  CHANGE  DATE (R)
Variable Rate: This rate may then change as stated below.

(Z Index Rate: The future rate will be 1. 00$ ABOVE the following index rate:

the Prime Rate as Published by the Wall Street Journaloosee attachment

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(C)   Ceiling   Rate:   The   interest   rate  ceiling  for  this  note  is  the
      INDICATEDeeiling  rate announced by the Credit  Commissioner  from time to
      time.(C)Frequency and Timing: The rate on this note may change as often as
      DAILY A change in the  interest  rate will  take  effect  The Same Day the
      Index Rate changes

(C)   Limitations:  During the term of this loan, the applicable annual interest
      rate will not be more than 18.00 % or less than N/A %.  Effect of Variable
      Rate: A change in the interest rate will have the following  effect on the
      payments:

(C)   The amount of each  scheduled  payment  will  change.  0 The amount of the
      final payment will change.  0 ACCRUAL METHOD:  Interest will be calculated
      on a 365 DAYS PER YEAR basis.

POST MATURITY  RATE: I agree to pay interest on the unpaid  balance of this rote
owing after  maturity,  and until paid in full, as stated  below:  0 on the same
fixed or variable rate basis in effect before maturity (as indicated above).

(C)   at a rate equal to THE STATUTORY CEILING RATE INDICATED ABOVE AS ANNOUNCED
      FROM TIME TO TIME .

13 LATE CHARGE:  If a payment is made more than dsys after it is due. I agree to
pay a late charge of -

0  ADDITIONAL  CHARGES:  In addition to interest,  1 agree to pay the  following
charges which 0 are 0 are not included in the principal amount above:  PAYMENTS:
I agree to pay this  note as  follows:  Upon  demand.  but if so demand is made.
then:

(R) Interest:  I agree to pay accrued  interest ON 05/25/01 AND THEN ON THE 25TH
DAY OF EACH MONTH THEREAFTER UNTIL APR 25, 2002

(R) Prine0al:  I agree to pay the principal UPON DEMAND BUT IF NO DEMAND IS MADE
THEN ON 04/25/02

0 Instauments:  1 agree to pay this note in payments.  The first payment will be
in the amount of $ and will be due . A payment of S will be due thereafter.  The
final payment of the entire unpaid balance of principal and interest will be due

      ADDITIONAL  TERMS:  20,000,000  SHARES  UNITED  HERITAGE  CORP  STOCK THIS
WRITTEN LOAN AGREEMENT  REPRESENTS THE FINAL  AGREEMENT  BETWEEN THE PARTIES AND
MAY NOT BE  PURPOSE:  The  purpose  of this loan is  RENEWAL  I WORKING  CAPITAL
CONTRADICTED  BY  EVIDENCE  OF  PRIOR.   CONTEMPORANEOUS.   OR  SUBSEQUENT  ORAL
AGREEMENTS  OF THE  PARTIES.  SIGNATURES:  1 AGREE  TO THE  TERMS  OF THIS  NOTE
(INCLUDING

      THERE ARE NO  UNWRITTEN  ORAL THOSE ON PAGE 2). 1 have  received a copy on
today's data. AGREEMENTS BETWEEN THE PARTIES. UNITED HERITAGE CORPORATION

      Signature   for   Lender   UNIVERSAL   .NOTE  C  ~RCUC  WR  R  ,.IM,,1  VU
HJM.707.D'1111 CMIYIIN.TY A/7N7 INACE I of 2)

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      Any term of this note which is contrary to appbcabie  law will not be ties
loan n any any  effective,  unless the law permits you and me to agree to such a
variation. (1) I fail to pe;-J(," in-r ".;gavon' which i :ie .o _ . r..

      If any  provision of this  agreement  cannot be enforced  according to its
note or any agreement  securing this note: oL _ terms, this tact will not affect
the enforceability of the remainder of this (2) you, in good faith, believe that
the prospect of paymwit ^.r ohe

      agreement.  No  modification  of this  agreement  may be made without your
prospect at my performance of any other of my obligations  under express written
consent.  Time is of the essence in this  agreement.  this note or any agreement
securing this note is impaired.  PAYMENTS: Each payment I make on this note will
first  reduce  the If any of us are 1n  default  on this  note  or any  security
agreement,  you amount I owe you for  charges  which are  neither  interest  nor
principal. may exercise your remedies against any or all of us. The remainder at
each payment will then reduce  accrued  unpaid  interest,  REMEDIES:  If I am in
default  on this  note  you  have.  but are not  limited  to,  and  then  unpaid
principal.  If you and I  agree  to a  different  application  of the  following
remedies: payments, we will describe our agreement on this note. I may prepay a

      (1) You may demand  immediate  payment of my debt under this note part of,
or the  entire  balance  of this loan  without  penalty,  unless we  (principal,
accrued unpaid interest and other accrued  charges(.  specify to the contrary on
this note. Any partial prepayment will not (2) You may set off this debt against
any right I have to the  payment  excuse or reduce any later  scheduled  payment
until this note is paid in full of money  from you,  subject to the terms of the
'Set-Off' para lunless,  when I make the prepayment,  you and I agree in writing
to the  graph  herein.  contrary).  (3)  You  may  demand  security,  additional
security, or additional parties

      INTEREST:  If I receive the principal in more than one advance, each to be
obligated  to pay this note as a condition  for not using any advance will start
to earn  interest only when I receive the advance.  The other  remedy.  interest
rate in  effect on this  note at any  given  time will  apply to the (4) You may
refuse to make advances to me or allow purchases on entire principal advanced at
that time.  Notwithstanding  anything  to the credit by me.  contrary,  1 do not
agree to pay and you do not intend to charge any rate (5) You may use any remedy
you have under state or federal law. of interest that is higher than the maximum
rate of interest you could By selecting any one or more of these remedies you do
not give up charge  under  applicable  law for the  extension  of credit that is
agreed to your right to later use any other  remedy.  By  waiving  your right to
declare  here  farther  before or after  maturity).  If any  notice of  interest
accrual  is an event  to be a  default,  you do not  waive  your  right to later
consider the sent and is in error,  we mutually  agree to correct it, and if you
actually  event as a default if it  continues  or happens  again.  collect  more
interest than allowed by law and this agreement,  you agree COLLECTION COSTS AND
ATTORNEY'S  FEES:  I agree to pay all  costs at to  refund n to me.  collection,
replevin or any other or similar  type of cost if 1 am in  default.  INDEX RATE:
The index will serve only as a device for  setting the rate on In  addition,  it
you hire an attorney to collect this note, 1 also agree to pay this note. You do
not  guarantee by selecting  this index,  or the margin,  any fee you incur with
such  attorney plus court costs (except where that the rate on this note will be
the same  rate you  charge  on any  other  prohibited  by  law).  To the  extent
permitted by the United States loans or class of loans to me or other borrowers.
Bankruptcy Code, I also agree to pay the reasonable  attorney's fees and ACCRUAL
METHOD:  The amount of interest  that I will pay on this loan costs you incur to
collect this debt as awarded by any court  exercising  will be calculated  using
the  interest  rate  and  accrual  method  stated  on  jurisdication  under  the
Bankruptcy  Code. page 1 of this note. For the purpose of interest  calculation,
the accrual WAIVER:  I give up my rights to require you to do certain things.  I
will not  method  will  determine  the number of days in a 'year.' If no accrual
require you to: method is stated, then you may use any reasonable accrual method
for (1) demand payment of amounts due (presentment):  calculating interest.  (2)
obtain official  certification of nonpayment (protest(:  POST MATURITY RATE: For
purposes  of deciding  when the 'Post (3) give notice that  amounts due have not
been paid (notice of dis

      Maturity Rate' (shown on page 1) applies,  the term  'maturity'  means the
honor(:  date of the last scheduled  payment indicated on page 1 of this note or
14) give notice of intent to accelerate:  or the date you accelerate  payment on
the note, whichever is earlier. 15)-give notice of acceleration.  SINGLE ADVANCE
LOANS:  If this is a single advance loan, you and I OBLIGATIONS  INDEPENDENT:  I
understand  that 1 must pay this note expect that you will make only one advance
of principal.  However,  you even if someone else has also agreed to pay it (by,
for  example,  signing may add other  amounts to the  principal  if you make any
payments  this form or a  separate  guarantee  at  endorsement).  You may sue me
described in the 'PAYMENTS BY LENDER" paragraph below. alone, or anyone else who
is obligated on this note, or any number at us MULTIPLE  ADVANCE LOANS:  If this
is a multiple advance loan, you and I together, to collect this note. You may do
so without any notice that it expect that you will make more than one advance of
principal.  If this is has not been paid (notice of  dishonor).  You may without
notice  release  closed end credit,  repaying a part of the  principal  will not
entitle me to any party to this agreement  without releasing any other party. It
you give additional  credit.  up any of your rights.  with or without notice, it
will not affect my duty to PAYMENTS BY LENDER:  If you are authorized to pay. on
my behalf,  pay this note.  Any extension of now credit to any of us, or renewal
of charges I am obligated  to pay (such as property  insurance  premiums),  this
note by all or less than all of us will not  release me from my duty to then you
may tract those payments made by you as advances and add pay ft. (Of course, you
are entitled to only one payment in full.( 1 agree them to the unpaid  principal
under this note,  or you may demand that you may at your option extend this note
or the debt represented by immediate  payment of the charges.  this note, or any
portion of the note or debt, from time to time without SET-OFF: I agree that you
may set off any amount due and  payable  under  limit or notice and for any term
without affecting my liability for payment this note against any right I have to
receive money from you. of the note. I will not assign my obligation  under this
agreement  without  'Right to receive money from you' means:  your prior written
approval.

      (1) any deposit  account balance I have with you:  CREDIT  INFORMATION:  I
agree and authorize you to obtain credit infor

      (2) any  money  owed to me on an item  presented  to you or in  yourmation
about me from time to time (for example.  by requesting a credit  possession for
collection  or  exchange:  and  report)  and to  report to  others  your  credit
experience with me (such as a

      (3) any  repurchase  agreement  or  other  nondeposit  obligation.  credit
reporting agency). I agree to provide you. upon request, any 'Any amount due and
payable under this note' means the total financial  statement or information you
may deem necessary. I warrant amount of which you are entitled to demand payment
under the terms of that the financial  statements  and  information I provide to
you are or will  this  note at the time you set off.  This  total  includes  any
balance the due be accurate.  correct and complete.  date for which you property
accelerate under this note.

      NOTICE:  Unless otherwise required by law, any notice to me shall be It my
right to receive money from you is also owned by someone who given by delivering
I or by mailing it by first  class  mail  addressed  to me has not agreed to pay
this note,  your right of set-off will apply to my at my last known address.  My
current  address is on page 1. 1 agree to interest in the  obligation and to any
other  amounts I could  withdraw  an inform  you in  writing of any change in my
address.

      1 WIN give any notice my sole request or endorsement. Your right of setoff
does not apply to to you by mailing  ft first  class to your  address  stated on
page 1 of this an  account  or other  obligation  where my rights  are only as a
repre- agreement,  or to any other address that you have designated.  sentative.
It  also  does  not  apply  to  any  Individual   Retirement  Account  or  other
tax-deferred retirement account.

      You will not be liable for the  dishonor  of any check  when the  dishonor
occurs because you set off this debt against any of my accounts. I agree to hold
you harmless  from any such claims  arising as a result of your exercise of your
right of set-off.  REAL ESTATE OR RESIDENCE SECURITY: If this note is secured by
real estate or a residence that is personal property, the existence of a default
and your remedies for such a default will be  determined  by applicable  law. by
the terms of any separate  instrument creating the security interest and, to the
extent  not  prohibited  by law and not  contrary  to the terms of the  separate
security instrument, by the 'Default' and 'Remedies' paragraphs herein.<TABLE>
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                        First Savings Bank, FSB     Loan File Number                          38728
                                                                                              -----

     UNITED HERITAGE CORPORATION                   Date                                       APRIL 25. 2001 301 South Center,
     ----------------------------------------------                                           -------------
                                                   Suite 120
      2 NORTH CADDO                                      Arlington, TX 76010                  Loan Amount 5        2,000,000.00
      ---------------------------------------------------                                                          ------------

      CLEBURNE, TX 76031                                                                      Maturity Date        APRIL 25. 2002
      ----------------------------------------------------------------------------------------                     --------------
           BORROWER'S NAME AND ADDRESS             JG    LENDER'S NAME AND ADDRESS JAE        Renewal Of           38728
                                                                                                                   -----
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      Includes each borrower above, jointly and severally.  Includes the lender,
      its successors and assigns.

                         DISCLAIMER OF ORAL AGREEMENTS

      The Borrower  and Lender,  hereinafter  the  Parties,  have entered into a
      transaction generally described as A Loan in the Amount of $.2,000,000.00,
      dated APRIL 25, 2001 made by Lender to Borrower . In conjunction with this
      transaction  the  Parties  have  executed  one or more  promissory  notes,
      assignments, security agreements, guaranty agreements, mortgages, deeds of
      trust or other  documents.  It is the  intention  of the Parties that this
      Disclaimer  be  incorporated  by reference  into each of the  documents so
      executed for this transaction.

      The Parties  warrant and represent that the entire  agreement made between
      the Parties is  contained  within the executed  documents,  as amended and
      supplemented, hereby, and that no agreements or promises exist between the
      Parties that are not  reflected  in the language of the various  documents
      executed in conjunction with this transaction.

 THIS WRITTEN LOAN AGREEMENT REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES
                           AND MAY NOT BE CONTRADICTED
   BY EVIDENCE OF PRIOR. CONTEMPORANEOUS. OR SUBSEQUENT ORAL AGREEMENTS OF THE
                                    PARTIES.

      THERE ARE NO UNWRITTEN  ORAL  AGREEMENTS  BETWEEN THE PARTIES.  UNITED AGE
      CORPORATION '

      " First Savings Bank, FSB Borrower WALTER MIZE, PRESIDENT

      Borrower                  Lender JAY GIBE /,SENIOR VICE
                                PRESIDENT

0 BANKERS SYSTEMS. INC.. 1983 ST. CLOUD.
MN 96301 IL-60O-397O23O11 916/69 FORM DOA-TX

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