Document:

Exhibit 10.1

Loan Amendment Agreement

 

Party A: Mr. Zhu Xiaojun

 

Party B: CHINA
HGS REAL ESTATE, INC. (“The Company”)

 

On June
28, 2011, the Company entered into a one-year loan agreement (“USD Loan Agreement”) with Mr. Xiaojun Zhu, pursuant
to which the Company borrowed $1,810,000 from Mr. Xiaojun Zhu to make a capital injection into Shaanxi Guangsha Investment and
Development Group Co., Ltd (“Shaanxi HGS”), the Company’s subsidiary. The interest rate for the loan is
4% per annum. 

 

On July 19, 2012, Mr.
Zhu Xiaojun and the Company agreed to extend the term of loan for an additional one year period, or until June 28, 2013. The interest
rate for the loan is is 4% per annum.

 

 

This loan agreement has two copies, each party has one copy.

 

Signed by Party A

Signed by Part B

Signed on July 19, 2012

 

    	5TBK327 PROMISORRY NOTE

 

January 1, 2012

Allentown, Pennsylvania

 

FOR VALUE RECEIVED, OPTOS
CAPITAL PARTNERS, LLC (the "Maker"), hereby promises to pay CHRISTOPHER AND LELAINYA FERGUSON (the "Payee"),
at such place as Payee may, from time to time, designate, the principal sum of One Million Six Hundred Thousand Dollars($1 ,600,000)
in lawful money of the United States promptly on or before December 31, 2015.

 

Maker further promises
to pay interest on the unpaid principal balance hereof at the rate of six percent (6%) per annum, such interest to be paid at maturity.
Interest shall be calculated on the basis of a 360 day year and actual days elapsed. In no event shall the interest charged hereunder
exceed the maximum permitted under the laws of the state of Pennsylvania.

 

This Note can be prepaid
in whole or in part at any time without the consent of the Payee provided that Maker shall pay all accrued interest on the principal
so prepaid to date of such prepayment.

 

This Note shall be paid
according to the following payment schedule unless otherwise modified in writing by the Maker:

 

Initial principal payment due on
or before June 1, 2012 equal to sum of seven hundred thousand dollars ($700,000).

 

Monthly payments for
thirty six months 30 months following the initial payment shall be equal to not less than thirty thousand dollars ($30,000 )
per month. All such payments shall be applied directly to principal balance

 

Balance of accrued interest
shall be paid in balloon payment at the thirty-seventh (37"') month and shall be equal to not less than $101,750.00

 

Total interest paid on
loan shall be $101,750.00

 

Notwithstanding the due
date of this Note specified above, the entire unpaid principal balance of this Note and interest accrued with respect thereto shall
be immediately due and payable upon the occurrence of any of the following:

 

The Maker failing to pay
any amounts owned herein, becoming insolvent (however defined or evidenced), committing an act of bankruptcy, making an assignment
for the benefit of creditors or making or sending a notice of intended bulk transfer, or if a meeting of creditors is convened
or a committee of creditors is appointed for, or any petition or proceeding for any relief under any bankruptcy, reorganization,
insolvency, readjustment of debt, receivership, liquidation or dissolution law or statute now or hereinafter in effect (whether
at law or in equity) is filed or commenced by or against Maker or any property of Maker, or the appointment of a receiver or
trustee for Maker or any property of Maker.

 

The Maker waives demand,
presentment, protest and notice of any kind.

 

This Note may not be
changed, modified or terminated orally, but only by an agreement in writing, signed by the party to be charged.

 

This Note shall be governed
by and construed in accordance with the laws of the State of Pennsylvania and shall be binding upon the successors, assigns,
heirs, administrators and executors of the Maker and enure to the benefit of the Payee, its successors, endorsees, assigns, heirs,
administrators and executors.

 

If any term or provision
of this Note shall be held invalid, illegal or unenforceable, the validity of all other terms and provisions hereof shall in no
way be affected thereby.

  

    	 

    	 

    

 

Upon the occurrence of any Event of Default,
the entire unpaid balance of principal, together with all accrued interest thereon shall, at the option of Payee, become immediately
due and payable without presentment, demand or further action of any kind.

 

THE FOLLOWING SECTION
SETS FORTH WARRANTS OF ATTORNEY FOR ANY ATTORNEY TO CONFESS JUDGMENT AGAINST MAKER. IN GRANTING THESE WARRANTS OF ATTORNEY TO CONFESS
JUDGMENTS AGAINST MAKER, MAKER HEREBY KNOWINGLY INTENTIONALLY VOLUNTARILY, AND UNCONDITIONALLY WAIVES, TO THE EXTENT PERMITTED
BY APPLICABLE LAW, ANY AND ALL RIGHTS MAKER MAY HAVE PRIOR TO NOTICE AND AN OPPORTUNITY FOR HEARING UNDER THE RESPECTIVE CONSTITUTIONS
AND LAW OF THE COMMONWEALTH OF PENNSYLVANIA AND THE UNITED STATES OF AMERICA.

 

UPON THE OCCURRENCE
OF AN EVENT OF DEFAULT, MAKER DOES HEREBY IRREVOCABLY AUTHORJZE AND EMPOWER ANY ATTORNEY OR THE PROTHONOTARY OF ANY COURT OF RECORD
OF THE COMMONWEALTH OF PENNSYLVANIA OR ELSEWHERE TO APPEAR FOR MAKER IN ANY SUCH COURT, IN ANY AND ALL ACTIONS BROUGHT AGAINST
MAKER, TO ENTER AND CONFESS JUDGMENT AGAINST MAKER IN FAVOR OF PAYEE OR ITS SUCCESSORS AND ASSIGNS, FOR THE ENTIRE AMOUNT DUE TO
PAYEE UPON SUCH EVEN OF DEFAULT AS PROVIDED HEREIN, TOGETHER WITH COSTS OF SUIT AND ATTORNEY'S FEES IN AN AMOUNT EQUAL TO FIVE
(5%) PERCENT OF THE PRINCIPAL AMOUNT OUTSTANDING UNDER THIS NOTE, BUT IN NO EVENT LESS THAN THEN FIVE-THOUSAND ($5,000.00) DOLLARS;
AND FOR SO DOING THIS NOTE OR A COPY HEREOF VERIFIED BY AFFIDAVIT SHALL BE A SUFFICIENT WARRANT. SUCH CONFESSIONS OF JUDGMENT OR
ACTIONS SHALL BE WITH RELEASE OF ERRORS, WAIVERS OF APPEALS, WITHOUT STAY OF EXECUTION AND MAKER WAIVES ALL RELIEF FROM ANY AND
ALL APPRAISEMENT OR EXEMPTION LAWS NOW IN FORCE OR HEREAFTER ENACTED. THE AUTHORITY HEREIN GRANTED TO APPEAR, ENTER AND CONFESS
JUDGMENT SHALL NOT BE EXHAUSTED BY ANY ONE OR MORE EXERCISE THEREON OR BY ANY DEFECTIVE EXERCISE THEREOF, BUT SHALL CONTINUE AND
BE EXERCISABLE FROM TIME TO TIME UNTIL THE FULL PAYMENT OF ALL AMOUNTS DUE FROM MAKER TO PAYEE HEREUNDER IS MADE.

 

MAKER ACKNOWLEDGES
THAT IT HAS HAD THE ASSISTANCE OF LEGAL COUNSEL IN THE REVIEW AND EXECUTION OF THIS NOTE AND FURTHER ACKNOWLEDGES THAT THE MEANING
AND EFFECT OF THE FOREGOING PROVISIONS CONCERNING CONFESSION OF JUDGMENT HAVE BEEN FULLY EXPLAINED TO MAKER BY SUCH COUNSEL.

 

Maker hereby waives
the benefit of any laws now or here after enacted providing for any stay of execution, marshaling of assets, exemption from civil
process, redemption, extension of time for payment, or valuation or appraisement of all or any security for this Note, exempting
all or any part of the security for this Note or any other property of Maker from attachment, levy or sale upon any such execution
or conflicting with any provision of this Note. Maker waives and releases Payee and said attorney or attorneys from all errors,
defects and imperfections whatsoever in confessing any such judgment or in any proceedings relating thereto or instituted by
Payee hereunder. Maker hereby agrees that any property that may be levied upon pursuant to a judgment obtained under this Note
may be sold upon any execution thereon in whole or in part, and in any manner and order that Payee, in its sole discretion may
elect.

 

In the event any
portion of this Note shall be declared by any court of competent jurisdiction to be invalid or unenforceable, such portion
shall be deemed severable from this Note, and the remaining parts hereof shall remain in full force and effect, as fully as though
such invalid or unenforceable portion was never part of this Note.

 

The obligations
of Maker hereunder shall be binding on the successors and assigns of Maker and the benefits of this Note shall inure to Payee,
its successors and assigns and to any holder of this Note.

 

    	 

    	 

    

 

Each and every person
or entity signing this Note as an endorser binds himself, herself or itself as principal not as surety, and agrees to be bound
by and comply with all of the terms, conditions and provisions of this Note.

 

THIS NOTE, AND ALL
ISSUES ARISING HEREUNDER, SHALL BE GOVERNED BY AND CONSTRUED ACCORDING TO THE LAWS OF THE COMMONWEALTH OF PENNSYLVANIA. THE PARTIES
AGREE THAT ALL ACTIONS OR PROCEEDINGS ARISING IN CONNECTION WITH THIS NOTE SHALL BE TRIED AND LITIGATED ONLY IN THE STATE COURTS
LOCATED IN THE COUNTY OF NORTHAMPTON, COMMONWEALTH OF PENNSYLVANIA, THE FEDERAL COURTS WHOSE VENUE INCLUDES THE COUNTY OF NORTHAMPTON,
COMMONWEALTH OF PENNSYLVANIA, OR, AT THE SOLE OPTION OF PAYEE, IN ANY OTHER COURT IN WHICH PAYEE SHALL INITIATE LEGAL OR EQUITABLE
PROCEEDINGS AND WHICH HAS SUBJECT MATTER JURISDICTION OVER THE MATTER IN CONTROVERSY. THE PARTIES EXPRESSLY SUBMIT AND CONSENT
IN ADVANCE TO SUCH JURISDICTION IN ANY ACTION OR PROCEEDING COMMENCED IN ANY SUCH COURT, AND THE PARTIES HEREBY WAIVE ANY OBJECTION
WHICH EITHER MAY HAVE BASED UPON LACK OF PERSONAL JURISDICTION AND HEREBY CONSENT TO THE GRANTING OF SUCH LEGAL OR EQUITABLE RELIEF
AS IS DEEMED APPROPRIATE BY ANY SUCH COURT. FURTHERMORE, EACH WAIVES, TO THE EXTENT PERMITTED UNDER APPLICABLE LAW, ANY RIGHT EACH
MAY HAVE TO ASSERT THE DOCTRINE OF "FORUM NON CONVENIENS" OR TO OBJECT TO VENUE TO THE EXTENT ANY PROCEEDINGS ARE BROUGHT
IN ACCORDANCE WITH THIS SECTION. IN CONNECTION WITH THE FOREGOING, MAKER HEREBY WAIVES PERSONAL SERVICE OF ANY SUMMONS, COMPLAINT
OR OTHER PROCESS. THE EXCLUSIVE CHOICE OR FORUM SET FORTH IN THIS AGREEMENT SHALL NOT BE DEEMED TO PRECLUDE THE ENFORCEMENT OR
ANY JUDGMENT OBTAINED IN SUCH FORUM OF THE TAKING OF ANY ACTION UNDER THIS AGREEMENT TO ENFORCE THE SAME IN ANY APPROPRIATE JURISDICTION.

 

MAKER, AND PAYEE BY
ITS ACCEPTANCE HEREOF, EACH HEREBY ABSOLUTELY, IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY AND THE RIGHT TO CLAIM OR RECEIVE
CONSEQUENTIAL OR PUNITIVE DAMAGES IN ANY LITIGATION, ACTION, CLAIM, SUIT OR PROCEEDING, AT LAW OR IN EQUITY, ARISING OUT OF, PERTAINING
TO OR IN ANY WAY ASSOCIATED WITH THE INDEBTEDNESS EVIDENCED HEREBY, THE RELATIONSHIP OF THE PARTIES HERETO AS PAYEE AND MAKER,
THIS NOTE. OR THE ACTIONS OF THE PARTIES HERETO IN CONNECTION WITH ANY OF THE FOREGOING.

 

This Note shall
bind the maker, their heirs, personal representatives, successors and assigns, and the benefit hereon shall inure to the Payee,
its successors and assigns.

 

IN WITNESS WHEREOF,
and intending to be legally bound hereby, the undersigned has set his/her hand and seal the date and year first above written.

 

	 	 	MAKER: Optos Capital Partners, LLC
	 	 	 
	/s/ Rachel Cheli Strohl	 	By: /s/ Christopher Ferguson
	 	 	 
	WITNESS	 	Christopher Ferguson, Manager

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