Document:

EX 10.4

    EXHIBIT
      10.4

    

    PROMISSORY
      NOTE AMENDMENT

    

    Dated
      as of June 30, 2006

    

    Reference
      is made to that certain promissory note dated August 31, 2000 (the “Promissory
      Note”), as amended, between CenterStaging Musical Productions, Inc., a
      California corporation, (the “Issuer”), promising to pay to Paul Router, Trustee
      under the PREMIER CAREER MANAGEMENT CORPORATION DEFERRED COMPENSATION PLAN
      for
      the Interests of John Guthrie Caswell (“Payee”) with respect to the loan of
      $75,000 at 10% interest per annum. All terms defined in the Promissory Note
      shall have the same meaning in this Amendment, except as otherwise provided
      herein.

    

    NOW,
      THEREFORE, Borrower and Holders hereby agree to amend the Promissory Note as
      follows:

    

    1) The
      maturity date of the Promissory Note is hereby revised ab
      initio
      to May 31, 2007. Furthermore, the Payee agrees that the Issuer is not, and
      shall
      not be deemed to be, in default with respect to the original maturity date
      of
      the Promissory Note and the Payee hereby waive any right to demand immediate
      payment of the Promissory Note or any remedies in respect
      thereof.

    

    2)
       Payee
      acknowledges that various payments have been made against the original principal
      amount of $75,000 and that the outstanding balance at June 30, 2006 is
      $50,194.28.

    

    2)
       Except
      as expressly modified herein, the Promissory Note is hereby ratified and shall
      remain in full force and effect.

    

    If
      Holders agree with the foregoing, please execute this amendment in the space
      below.

    

    /s/
      Howard Livingston

      
        

      

    

    Howard
      Livingston

    CFO
      CenterStaging Musical Productions, Inc.

    

    

    /s/
      John Guthrie Caswell

      
        

      

    

    John
      Guthrie Caswell

    Promissory
      Note Payee, an individualEX 10.5

    EXHIBIT
      10.5

    

    PROMISSORY
      NOTE AMENDMENT

    

    Dated
      as of June 30, 2006

    

    Reference
      is made to that certain promissory note dated August 31, 2000 (the “Promissory
      Note”), as amended, between CenterStaging Musical Productions, Inc., a
      California corporation, (the “Issuer”), promising to pay to Paul Router, Trustee
      under the PREMIER CAREER MANAGEMENT CORPORATION DEFERRED COMPENSATION PLAN
      for
      the Interests of Jan Paul Parent (“Payee”) with respect to the loan of $75,000
      at 10% interest per annum. All terms defined in the Promissory Note shall have
      the same meaning in this Amendment, except as otherwise provided
      herein.

    

    NOW,
      THEREFORE, Borrower and Holders hereby agree to amend the Promissory Note as
      follows:

    

    1) The
      maturity date of the Promissory Note is hereby revised ab
      initio
      to May 31, 2007. Furthermore, the Payee agrees that the Issuer is not, and
      shall
      not be deemed to be, in default with respect to the original maturity date
      of
      the Promissory Note and the Payee hereby waive any right to demand immediate
      payment of the Promissory Note or any remedies in respect
      thereof.

    

    2)
       Payee
      acknowledges that various payments have been made against the original principal
      amount of $75,000 and that the outstanding balance at June 30, 2006 is
      $51,332.73.

    

    2)
       Except
      as expressly modified herein, the Promissory Note is hereby ratified and shall
      remain in full force and effect.

    

    If
      Holders agree with the foregoing, please execute this amendment in the space
      below.

    

    /s/
      Howard Livingston

      
        

      

    

    Howard
      Livingston

    CFO
      CenterStaging Musical Productions, Inc.

    

    

    /s/
      Jan Paul Parent

      
        

      

    

    Jan
      Paul Parent

    Promissory
      Note Payee, an individualEXHIBIT
      10.15

     

     

    FOURTH
      AMENDMENT TO PROMISSORY NOTE

     

    dated
      as
      of September 21, 2006

    

    Reference
      is made to that certain promissory note dated January 28, 2005 (the “Note”), as
      amended, between CenterStaging Musical Productions, Inc., a California
      corporation, (the “Borrower”) and Charles Lico, a natural person, (the
“Lender”). All terms defined in the Note shall have the same meaning in this
      Fourth Amendment, except as otherwise provided herein.

    

    NOW,
      THEREFORE, Borrower and Lender hereby agree to amend the Note as
      follows:

    

    1.    The
      Maturity Date of the Loan is hereby revised ab
      initio
      to
      December 31, 2006. Furthermore, the Lender agrees that the Borrower is not,
      and
      shall not be deemed to be, in default with respect to the original Maturity
      Date
      of the Loan set forth in the Note as well as any amendments, 

     

    2.    The
      parties acknowledge that the outstanding principal balance of the Loan as of
      the
      date hereof is $225,000. The Borrower agrees to pay the following installments
      on the balance of the Loan: $60,000 on or before September 30, 2006; $60,000
      on
      or before October 31, 2006; $60,000 on or before November 30, 2006; and $45,000
      on or before December 31, 2006. If any of these payments are 5 business days
      late the entire unpaid balance and accrued interest will be immediately due
      and
      payable.

    

    The
      Borrow guarantees that he is not planning on going into bankruptcy any time
      in
      the near future.

    

    3.    Except
      as
      expressly modified herein, the Note is hereby ratified and shall remain in
      full
      force and effect.

    

    4.    This
      Fourth Amendment may be executed via facsimile and such facsimile shall be
      deemed an original hereof.

    

    If
      Lender
      agrees with the foregoing, please execute this Fourth Amendment in the space
      below.

    

    

    /s/
      Howard Livingston 
      
        

      

    

    Howard
      Livingston

    CFO
      CenterStaging Musical Productions, Inc.

    

    

    /s/
      Charles Lico 
      
        

      

    

    Charles
      Lico, an individualEXHIBIT
      10.29

    
 

    PROMISSORY
      NOTE IN REGISTERED FORM

    

    
      	
              $30,000.00

            	
              May
                26, 2006

            
	 	
              Burbank,
                California

            

    

    

    

    AS
      HEREIN
      STATED, CENTERSTAGING MUSICAL PRODUCTIONS, INC.. a
      California corporation (“Borrower)”, promises to pay HOWARD LIVINGSTON
      (“Holder”), 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 Thirty
      Thousand Dollars ($30,000.00), with interest from the date of disbursement
      at a
      fixed annual rate equal to the “prime rate” in effect on the date of loan, which
      is eight per cent per annum (8.00%) as published in the Wall
      Street Journal, Western
      Edition. Interest shall be computed on the basis of the actual number of days
      during which the principal balance is outstanding. 

     

    The
      principal amount of and all accrued but unpaid interest under this Note shall
      become due and payable upon demand of Holder at any time. 

     

    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

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

          PROMISSORY
            NOTE

          August
            31, 2000

        

      

    

     

    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: 
      /s/ Roger Paglia 
      
        

      

    

    Name: 
      Roger Paglia

    Title: 
      CEO

     

     

    LENDER

    

    By: 
      /s/ Howard Livingston 
      
        

      

    

    Name: 
      Howard Livingston

    Title: 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    PROMISSORY
      NOTE IN REGISTERED FORM

    
      

      
        	
                $30,000.00

              	
                May
                  26, 2006

              
	 	
                Burbank,
                  California

              

      

      

      

      AS
        HEREIN
        STATED, CENTERSTAGING MUSICAL PRODUCTIONS, INC..a
        California corporation (“Borrower)”, promises to pay ROGER PAGLIA (“Holder”), 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 Thirty Thousand
        Dollars ($30,000.00), with interest from the date of disbursement at a fixed
        annual rate equal to the “prime rate” in effect on the date of loan, which is
        eight per cent per annum (8.00%) as published in the Wall
        Street Journal, Western
        Edition. Interest shall be computed on the basis of the actual number of
        days
        during which the principal balance is outstanding. 

       

      The
        principal amount of and all accrued but unpaid interest under this Note shall
        become due and payable upon demand of Holder at any time. 

       

      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.

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

            PROMISSORY
              NOTE

            August
              31, 2000

          

        

      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: 
        /s/ Howard Livingston 
        
          

        

      

      Name: 
        Howard Livingston

      Title: 
        CFO

       

       

      LENDER

      

      By: 
        /s/ Roger Paglia 
        
          

        

      

      Name:  
        Roger Paglia

      Title:

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        PROMISSORY
          NOTE IN REGISTERED FORM

        
          

          
            	
                    $20,000.00

                  	
                    June
                      15, 2006

                  
	 	
                    Burbank,
                      California

                  

          

          

          

          AS
            HEREIN
            STATED, CENTERSTAGING MUSICAL PRODUCTIONS, INC..a
            California corporation (“Borrower)”, promises to pay ROGER PAGLIA (“Holder”), 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 Twenty Thousand
            Dollars ($20,000.00), with interest from the date of disbursement at
            a fixed
            annual rate equal to the “prime rate” in effect on the date of loan, which is
            eight per cent per annum (8.00%) as published in the Wall
            Street Journal, Western
            Edition. Interest shall be computed on the basis of the actual number
            of days
            during which the principal balance is outstanding.

           

          The
            principal amount of and all accrued but unpaid interest under this Note
            shall
            become due and payable upon demand of Holder at any time. 

           

          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.

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

                PROMISSORY
                  NOTE

                August
                  31, 2000

              

            

          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: 
            /s/ Howard Livingston 
            
              

            

          

          Name: 
            Howard Livingston

          Title: 
            CFO

           

           

          LENDER

          

          By: 
            /s/ Roger Paglia 
            
              

            

          

          Name: 
            Roger Paglia

          Title:

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        PROMISSORY
          NOTE IN REGISTERED FORM

        
          

          
            	
                    $25,000.00

                  	
                    June
                      16, 2006

                  
	 	
                    Burbank,
                      California

                  

          

          

          

          AS
            HEREIN
            STATED, CENTERSTAGING MUSICAL PRODUCTIONS, INC..a
            California corporation (“Borrower)”, promises to pay JOHNNY CASWELL (“Holder”),
            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 Twenty-Five
            Thousand Dollars ($25,000.00), with interest from the date of disbursement
            at a
            fixed annual rate equal to the “prime rate” in effect on the date of loan, which
            is eight per cent per annum (8.00%) as published in the Wall
            Street Journal, Western
            Edition. Interest shall be computed on the basis of the actual number
            of days
            during which the principal balance is outstanding. 

           

          The
            principal amount of and all accrued but unpaid interest under this Note
            shall
            become due and payable upon demand of Holder at any time. 

           

          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

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

                PROMISSORY
                  NOTE

                August
                  31, 2000

              

            

          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: 
            /s/ Howard Livingston 
            
              

            

          

          Name: 
            Howard Livingston

          Title: 
            CFO

           

           

          LENDER

          

          By: 
            /s/ Johnny Caswell 
            
              

            

          

          Name: 
            Johnny Caswell

          Title:

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

          PROMISSORY
            NOTE IN REGISTERED FORM

          
            

            
              	
                      $25,000.00

                    	
                      June
                        16, 2006

                    
	 	
                      Burbank,
                        California

                    

            

            

            

            AS
              HEREIN
              STATED, CENTERSTAGING MUSICAL PRODUCTIONS, INC..a
              California corporation (“Borrower)”, promises to pay JAN PARENT (“Holder”), 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 Twenty-Five
              Thousand
              Dollars ($25,000.00), with interest from the date of disbursement at
              a fixed
              annual rate equal to the “prime rate” in effect on the date of loan, which is
              eight per cent per annum (8.00%) as published in the Wall
              Street Journal, Western
              Edition. Interest shall be computed on the basis of the actual number
              of days
              during which the principal balance is outstanding. 

            

            The
              principal amount of and all accrued but unpaid interest under this
              Note shall
              become due and payable upon demand of Holder at any time. 

             

            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.

              
                
                  
                  

                

                
                  
                  

                  
                    

                  

                

                
                  
                  

                  PROMISSORY
                    NOTE

                  August
                    31, 2000

                

              

            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: 
              /s/ Howard Livingston 
              
                

              

            

            Name: 
              Howard Livingston

            Title: 
              CFO

             

             

            LENDER

            

            By: 
              /s/ Jan Parent 
              
                

              

            

            Name: 
              Jan Parent

            Title:

          

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

          PROMISSORY
            NOTE IN REGISTERED FORM

        

      

      
        

        
          	
                  $30,000.00

                	
                  June
                    19, 2006

                
	 	
                  Burbank,
                    California

                

        

        

        

        AS
          HEREIN
          STATED, CENTERSTAGING MUSICAL PRODUCTIONS, INC..a
          California corporation (“Borrower)”, promises to pay HOWARD LIVINGSTON
          (“Holder”), 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
          Thirty
          Thousand Dollars ($30,000.00), with interest from the date of disbursement
          at a
          fixed annual rate equal to the “prime rate” in effect on the date of loan, which
          is eight per cent per annum (8.00%) as published in the Wall
          Street Journal, Western
          Edition. Interest shall be computed on the basis of the actual number of
          days
          during which the principal balance is outstanding. 

         

        The
          principal amount of and all accrued but unpaid interest under this Note
          shall
          become due and payable upon demand of Holder at any time. 

         

        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

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

              PROMISSORY
                NOTE

              August
                31, 2000

            

          

        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: 
          /s/ Roger Paglia 
          
            

          

        

        Name: 
          Roger Paglia

        Title: 
          CEO

         

         

        LENDER

        

        By: 
          /s/ Howard Livingston 
          
            

          

        

        Name: 
          Howard Livingston

        Title:

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