Document:

UNSECURED
        PROMISSORY NOTE

      
        	 	 
	
                $670,500.00

              	
                Burbank,
                  California

              
	 	 
	 	
                September
                  22, 1997

              
	 	 

      

      FOR
        VALUE
        RECEIVED, CENTERSTAGING MUSICAL PRODUCTIONS, INC, a Corporation (the
“Borrower”),
        whose
        address is 3407 Winona Ave. Burbank, CA 91504 promises to pay to JAN &
        JOHNNY, INC, a Corporation (the “Company”),
        or
        order, the principal amount of Six Hundred Seventy Thousand Five Hundred
        dollars
        and no cents($670,500.00), with interest from the date hereof on the unpaid
        principal balance under this Note at the rate of six percent (6.0%) per
        annum.  The principal amount of this Note shall be due and payable
        in full
        at its maturity which is September 21, 2012 (The “Maturity Date”). Interest on
        this note will accrue on a monthly basis at three thousand three hundred
        and
        fifty two dollars and fifty cents ($3,352.50) per month and shall be due
        and
        payable concurrently with the principal on the Maturity Date. 

       

      All
        payments under this Note shall be made to the Company or its order, in lawful
        money of the United States of America funds and delivered to the Company
        by wire
        transfer to the Company’s account, ABA No. 122203471, Account No. 02220922 at
        Community Bank or at such other place as the Company or any holder hereof
        shall
        designate in writing for such purpose from time to time. If a payment under
        this
        Note otherwise would become due and payable on a Saturday, Sunday or legal
        holiday, the due date thereof shall be extended to the next day which is
        not a
        Saturday, Sunday or legal holiday, and interest shall be payable thereon
        during
        such extension. All amounts due under this Note shall be payable without
        defense, set off or counterclaim.

       

      Each
        payment under this Note shall be applied in the following order: (i) to
        the
        payment of costs and expenses provided for under this Note; (ii) to
        the
        payment of accrued and unpaid interest; and (iii) to the payment of
        outstanding principal. The Company and each holder hereof shall have the
        continuing and exclusive right to apply or reverse and reapply any and all
        payments under this Note.

       

      This
        Note
        may be prepaid in whole or in part at any time.  Any prepayment shall
        be
        without penalty except that interest shall be paid to the date of payment
        on the
        principal amount prepaid.  

       

      No
        waiver
        or modification of any of the terms of this Note shall be valid or binding
        unless set forth in a writing specifically referring to this Note and signed
        by
        a duly authorized officer of the Company or any holder of this Note, and
        then
        only to the extent specifically set forth therein.

       

      If
        any
        default occurs in any payment due under this Note, the Borrower, and their
        successors and assigns, promise to pay all costs and expenses, including
        attorneys’ fees, incurred by each holder hereof in collecting or attempting to
        collect the indebtedness under this Note, whether or not any action or
        proceeding is commenced. None of the provisions hereof and none of the holder’s
        rights or remedies under this Note on account of any past or future defaults
        shall be deemed to have been waived by the holder’s acceptance of any past due
        installments or by any indulgence granted by the holder to the
        Borrower.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      This
        Note
        shall inure to the benefit of the Company, its successors and assigns and
        shall
        bind the heirs, executors, administrators, successors and assigns of the
        Borrower. Each reference herein to powers or rights of the Company shall
        also be
        deemed a reference to the same power or right of such assignees, to the extent
        of the interest assigned to them.

       

      In
        the
        event that any one or more provisions of this Note shall be held to be illegal,
        invalid or otherwise unenforceable, the same shall not affect any other
        provision of this Note and the remaining provisions of this Note shall remain
        in
        full force and effect.

       

      This
        Note
        shall be governed by and construed in accordance with the laws of the State
        of
        California, without giving effect to the principles thereof relating to
        conflicts of law; provided,
        that
        the Company and each holder hereof reserves any and all rights it may have
        under
        federal law, including without limitation those relating to the charging
        of
        interest.

       

      IN
        WITNESS WHEREOF, the Borrower and Lender has caused this Note to be duly
        executed the day and year first above written.

      
        
          	 	 	 
	 	 	 
	 	BORROWER
	 
 	 
 	 
 
	 	By:  	 
	 	 	
                  

                    
	 	Name:  	 
	 	 	
                  

                    
	 	Title:  	 
	 	
                  

                

        

        
          
            	 	 	 
	 	 	 
	 	LENDER
	 
 	 
 	 
 
	 	By:  	 
	 	 	
                    

                      
	 	Name:  	 
	 	 	
                    

                      
	 	Title:  	 
	 	
                    

                  

          

          
             

             

            
              
                
                

              

              2PROMISSORY
        NOTE

      

      FOR
        VALUE RECEIVED, CENTERSTAGING MUSICAL PRODUCTIONS, INC.
        (The
“Company”) by the undersigned Jan Parent and John Caswell, as Directors of said
        Company, promises to pay to the order of Jan Parent and John Caswell as
        individuals, and each of them (“Holders”), or any subsequent holder of this
        Note, the sum of twenty five thousand dollars and no cents ($25,000) with
        interest from the date hereof at the rate of nine and one quarter per cent
        per
        annum (9.6%), calculated monthly, the principal and interest to be paid as
        set
        forth below.

       

      MONTHLY
        PAYMENT OF INTEREST.
        The
        Company shall cause to be paid to each Holder of this Note interest in the
        amount of $200.00 per month, paid on the 22nd
        of each
        month commencing December 22, 2004 into such bank account as Holders shall
        designate. Interest payments shall be paid monthly until the 22nd
        of
        November 2005.

       

      PAYMENT
        OF PRINCIPAL.
        Payment
        of the principal sum of $25,000 to each Holder of this Note shall be made
        on or
        before November 22, 2005. Prepayment shall not relieve the Company of the
        obligation to pay interest as above set forth.

       

      DEFAULT
        - WAIVER - ACCELERATION.
        In the
        event of default on this Note the Company waives presentment of payment,
        protest, notice of protest, dishonor and defense by reason of any extension
        of
        time or other indulgence granted by the Holders of this Note, and agrees
        that,
        if any payment in this Note is not made when due, the Holders shall have
        the
        right to accelerate and make the entire unpaid balance of principal and interest
        immediately due and payable. Default is defined as:

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      A:
        Failure to make any payment of principal or interest when due under the terms
        of
        this note.

      B:
        The
        violation of any other term, condition or promise under this Note.

       

      COSTS:
        If the
        Holders of the Note incurs any costs in the collection of enforcement of
        this
        Note, including costs of filing suit and reasonable attorney’s fees, the Company
        agrees to pay such costs.

       

      SUBORDINATION.
        The
        Holders of the Note, understand fully that this Note may be subordinated
        to
        subsequent lenders to the Company, and by the advance of funds consent and
        agree
        to whatever subordination is deemed by the Directors of the Company to be
        in its
        best interest.

      
        	 	 	 	 
	 	 	 	 
	 	 	 	November
                11, 2004
	
                
Jan
                Parent	 	 	
              
	Director
                of CenterStaging Musical Productions, Inc.	 	 	 
	 	 	 	 
	 	 	 	 

      

      
        	
              	 	 	 
	 	 	 	 
	 	 	 	November
                11, 2004
	
                
John
                Caswell	 	 	
              
	Director
                of CenterStaging Musical Productions, Inc.	 	 	 
	 	 	 	 
	 	 	 	 

        
          	
                	 	 	 
	 	 	 	 
	 	 	 	November
                  11, 2004
	
                  
Lou
                  Carnevale	 	 	
                
	1462
                  N. Pass Ave.
Burbank, Ca 91505	 	 	 
	Witness to the signatures of 	 	 	 
	Messrs. Parent and CaswellPROMISSORY
        NOTE IN REGISTERED FORM

      
        
          	 	 
	$75,000.00 	
                  July
                    7, 2005

                
	 	
                  Burbank,
                    California

                
	 	 

        

        
          
            AS
              HEREIN
              STATED, CENTERSTAGING MUSICAL PRODUCTIONS, INC. a California corporation
              (“Issuer)”, promises to pay JAN PAUL PARENT (“Payee”), or order, at 3407 Winona
              Ave. Burbank, CA 91504, or such other place as the holder hereof may
              from time
              to time direct in writing the sum of Seventy-Five Thousand Dollars
              ($75,000.00),
              with interest from the date hereof as the rate of nine per cent per
              annum
              (9.00%), calculated monthly, the principal and interest to be paid
              as set forth
              below.

             

            The
              principal amount of this Note shall be due and payable in full at its
              maturity
              which is July 31, 2010 (The “Maturity Date”). Interest on this note will accrue
              on a monthly basis at and shall be due and payable concurrently with
              the
              principal on the Maturity Date. 

          

        

         

        Each
          payment under this Note shall be applied in the following order: (i) to
          the
          payment of costs and expenses provided for under this Note; (ii) to
          the
          payment of accrued and unpaid interest; and (iii) to the payment
          of
          outstanding principal. The Company and each holder hereof shall have the
          continuing and exclusive right to apply or reverse and reapply any and
          all
          payments under this Note.

         

        This
          Note
          may be prepaid in whole or in part at any time.  Any prepayment
          shall be
          without penalty except that interest shall be paid to the date of payment
          on the
          principal amount prepaid.  

         

        No
          waiver
          or modification of any of the terms of this Note shall be valid or binding
          unless set forth in a writing specifically referring to this Note and signed
          by
          a duly authorized officer of the Company or any holder of this Note, and
          then
          only to the extent specifically set forth therein.

         

        If
          any
          default occurs in any payment due under this Note, the Borrower, and their
          successors and assigns, promise to pay all costs and expenses, including
          attorneys’ fees, incurred by each holder hereof in collecting or attempting to
          collect the indebtedness under this Note, whether or not any action or
          proceeding is commenced. None of the provisions hereof and none of the
          holder’s
          rights or remedies under this Note on account of any past or future defaults
          shall be deemed to have been waived by the holder’s acceptance of any past due
          installments or by any indulgence granted by the holder to the
          Borrower.

         

        This
          Note
          shall inure to the benefit of the Company, its successors and assigns and
          shall
          bind the heirs, executors, administrators, successors and assigns of the
          Borrower. Each reference herein to powers or rights of the Company shall
          also be
          deemed a reference to the same power or right of such assignees, to the
          extent
          of the interest assigned to them.

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        
          

          

        

        In
          the
          event that any one or more provisions of this Note shall be held to be
          illegal,
          invalid or otherwise unenforceable, the same shall not affect any other
          provision of this Note and the remaining provisions of this Note shall
          remain in
          full force and effect.

         

        This
          Note
          shall be governed by and construed in accordance with the laws of the State
          of
          California, without giving effect to the principles thereof relating to
          conflicts of law; provided,
          that
          the Company and each holder hereof reserves any and all rights it may have
          under
          federal law, including without limitation those relating to the charging
          of
          interest.

         

         

        IN
          WITNESS WHEREOF, the Borrower and Lender has caused this Note to be duly
          executed the day and year first above written.

        
          
            	
                  	 	 
	 	 	 
	 	BORROWER
	 
 	 
 	 
 
	 	By:  	 
	 	 	
                    

                      
	 	Name:  	 
	 	 	
                    

                      
	 	Title:  	 
	 	
                    

                  

          

          
            
              	 	 	 
	 	 	 
	 	LENDER
	 
 	 
 	 
 
	 	By:  	 
	 	 	
                      

                        
	 	Name:  	 
	 	 	
                      

                        
	 	Title:

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