Document:

Exhibit 10.4

                    AMENDMENT TO LOAN AND SECURITY AGREEMENT

        THIS AMENDMENT TO LOAN AND SECURITY AGREEMENT and REVOLVING PROMISSORY
NOTE (the "Amendment") is entered into this ___ day of February 2003, by and
between VOYAGER ENTERTAINMENT INTERNATIONAL, INC., a North Dakota corporation
("Borrower"), VOYAGER VENTURES, INC., a Nevada corporation and wholly owned
subsidiary of Borrower ("VVI") and DAN FUGAL, an individual ("Lender"),
sometimes hereinafter referred to individually as a "Party" or collectively as
the "Parties."

        1. The Parties agree to modify paragraph 1 of that certain Loan and
Security Agreement dated November 15, 2002 (the "Agreement") as follows:

                1. Line of Credit.

                1.1. Lender will make loans to Borrower hereunder from time to
time (the "Line of Credit"). The aggregate unpaid principal of the Line of
Credit outstanding at any one time will not exceed TWO MILLION DOLLARS AND NO
CENTS (U.S. $2,000,000.00).

                1.2. The Line of Credit will be evidenced by a REVOLVING
PROMISSORY NOTE (the "Note"), a copy of which is attached hereto as Exhibit A
and incorporated herein by this reference, containing the following material
terms:

                1.2.1. The aggregate unpaid principal not to exceed TWO MILLION
DOLLARS AND NO CENTS (U.S. $2,000,000.00) shall be paid in full to Lender when
the Development Financing has been fully funded by RRI for Borrower, or when
sufficient funding of Development Financing has been secured so the escrow funds
can be released, or on or before April 15, 2003, whichever is sooner; and

                1.2.2. A lump-sum interest payment of THREE MILLION DOLLARS AND
NO CENTS (U.S. $3,000,000.00) shall be paid in full to Lender when the
Development Financing has been fully funded by RRI for Borrower, or when
sufficient funding of Development Financing has been secured so the escrow funds
can be released, or on or before April 15, 2003, whichever is sooner.

        2. The Parties agree to modify the first paragraph of that certain
Revolving Promissory Note dated November 15, 2002 (the "Note") as follows:

         FOR VALUE RECEIVED, the undersigned, VOYAGER ENTERTAINMENT
         INTERNATIONAL, INC., a North Dakota corporation ("Maker"), hereby
         promises to pay to the order of DAN FUGAL, an individual (together with
         his successors and assigns, ("Holder"), the principal sum not to exceed
         TWO MILLION DOLLARS (U.S. $2,000,000.00) or the aggregate unpaid
         principal amount of all advances or re-advances by the Maker pursuant
         to a pursuant to that certain loan agreement entitled "Loan and
         Security Agreement," (the "Loan Agreement") executed on even date, and
         to repay the outstanding aggregate unpaid principal amount, plus a
         lump-sum interest payment of

                                                                     Page 1 of 2
<PAGE>

         THREE MILLION DOLLARS AND NO CENTS (U.S. $3,000,000.00) when the
         Development Financing has been fully funded by RRI for Borrower, as
         defined in the Loan Agreement, or when sufficient funding of
         Development Financing has been secured so the escrow funds can be
         released, as defined in the Loan Agreement, or on or before April 15,
         2003, whichever is sooner. All payments of principal and interest shall
         be made at Holders offices located at 1005 South Main Street, Pleasant
         Grove, UT 84062, or at such other places as the Holder may designate to
         Maker in writing

3. Except for the modifications as expressly noted herein, all other provisions
of the Agreement and Note shall remain unchanged and enforced.

         IN WITNESS WHEREOF, the parties have caused this Amendment to be duly
executed and delivered as of the date and year first above written.
LENDER:

         ---------------------------------------
         DAN FUGAL

BORROWER:

         VOYAGER ENTERTAINMENT INTERNATIONAL, INC., a North Dakota corporation

         By:
            ---------------------------------------
         Its:
             --------------------------------------

VVI:

         VOYAGER VENTURES, INC., a Nevada corporation

         By:
             --------------------------------------
         Its:
             --------------------------------------Exhibit 10.5

                 SECOND AMENDMENT TO LOAN AND SECURITY AGREEMENT

     THIS AMENDMENT TO LOAN AND SECURITY AGREEMENT and REVOLVING PROMISSORY NOTE
(the "Second Amendment") is entered into this 25th day of April, 2003, by and
between VOYAGER ENTERTAINMENT INTERNATIONAL, INC., a North Dakota corporation
("Borrower"), VOYAGER VENTURES, INC., a Nevada corporation and wholly owned
subsidiary of Borrower ("VVI") and DAN FUGAL, an individual ("Lender"),
sometimes hereinafter referred to individually as a "Party" or collectively as
the "Parties."

     1. The Parties agree to modify the recitals of that certain Loan and
     Security Agreement dated November 15, 2002 (the "Agreement"), as amended by
     agreement on February 15, 2003 as follows:

     WHEREAS, Borrower has entered into various financing arrangements with
     Residential Resources Financial Services, Inc. ("RRI") to provide $100
     million in bond/security financing (the "Development Financing") for
     development of a mixed-use entertainment complex located in Las Vegas,
     Nevada (the "Project");

     WHEREAS, as part of the Development Financing with RRI, Borrower has
     committed to pay for certain itemized costs to enable RRI to have the
     bond/security offering credit enhanced to a "AAA" credit rating (the
     "Credit Enhancement");

     WHEREAS, Borrower has requested an extension of credit from Lender for the
     use and benefit of Borrower for the Credit Enhancement and other components
     of the Project, to be secured by certain personal property and other assets
     of VVI; and

     WHEREAS, Lender is willing to make available to Borrower a credit facility
     in the form of a line of credit, subject and pursuant to all of the
     covenants, conditions and provisions of this Agreement.

     WHEREAS, Borrower has been unable to secure the Credit Enhancement through
     the efforts of RRI and therefore has been required to continue its best
     efforts to secure the needed financing for the Project;

     WHEREAS, Lender understands that Borrower is in need of sufficient funds to
     maintain its business operations as it pursues the needed financing for the
     Project and is therefore willing to extend an additional TWO HUNDRED
     THOUSAND DOLLARS AND NO CENTS ($200,000.00) extension of credit to
     Borrower, above the FIVE HUNDRED THOUSAND DOLLARS AND NO CENTS
     ($500,000.00) that it has already extended to Borrower prior to this Second
     Amendment; and

     WHEREAS, Borrower has agree that prior to the disbursement of any funds as
     provided herein it will obtain all requisite board or other approval that
     may be required pursuant to Borrower's bylaws.

     NOW, THEREFORE, in consideration of the foregoing recitals and the
     extension of credit by Lender to Borrower and other consideration, the
     parties agree as follows:

                                        1
<PAGE>

     2. The Parties agree to modify paragraph 1 of that certain Loan and
     Security Agreement dated November 15, 2002 (the "Agreement"), as amended by
     agreement on February 15, 2003 as follows:

          1. Line of Credit.

               1.1. Lender will make loans to Borrower hereunder from time to
          time (the "Line of Credit"). The aggregate unpaid principal of the
          Line of Credit outstanding at any one time will not exceed SEVEN
          HUNDRED THOUSAND DOLLARS AND NO CENTS (U.S. $700,000.00).

               1.2. The Line of Credit will be evidenced a REVOLVING PROMISSORY
          NOTE (the "Note"), a copy of which is attached hereto as Exhibit A and
          incorporated herein by this reference, containing the following
          material terms:

               1.2.1. The aggregate unpaid principal not to exceed SEVEN HUNDRED
          THOUSAND DOLLARS AND NO CENTS (U.S. $700,000.00) shall be paid in full
          to Lender when sufficient funding of Development Financing has been
          secured so the escrow funds can be released, or on or before July 31,
          2003, whichever is sooner; and

               1.2.2. A lump-sum interest payment of SEVEN HUNDRED THOUSAND
          DOLLARS AND NO CENTS (U.S. $700,000.00) shall be paid in full to
          Lender when sufficient funding of Development Financing has been
          secured so the escrow funds can be released, or on or before July 31,
          2003, whichever is sooner.

     3. The Parties agree to modify paragraph 6 of that certain Loan and
     Security Agreement dated November 15, 2002 (the "Agreement"), as amended by
     agreement on February 15, 2003 as follows:

     6. Disbursement of Funds. The following procedures for the disbursement of
     funds shall be used by the parties:

               6.1. Unchanged.

                    6.2. All disbursements above the first FIVE HUNDRED THOUSAND
               DOLLARS (U.S. $500,000.00) from the Line of Credit shall be
               available on the following terms:

                    6.2.1. Deleted;
                    6.2.2. Unchanged; and
                    6.2.3. Unchanged.
                    6.3. Unchanged.

     4. The Parties agree to modify paragraph 9 of that certain Loan and
     Security Agreement dated November 15, 2002 (the "Agreement"), as amended by
     agreement on February 15, 2003 as follows:

                                       2
<PAGE>

     9. Unchanged.

          9.1. ONE MILLION FIVE HUNDRED THOUSAND (1,500,000) shares of common
     stock of Voyager Entertainment International, Inc., to which Rule 144 of
     the securities laws apply shall be delivered to Lender as follows:

          9.1.1. Upon the disbursement of the first FIVE HUNDRED THOUSAND
     DOLLARS (U.S. $500,000.00), as delineated in paragraph 6.1, above, Borrower
     shall deliver to Lender THREE HUNDRED THOUSAND (300,000) shares of common
     stock of Voyager Entertainment International, Inc., to which Rule 144 of
     the securities laws apply; and

          9.1.2. Upon the availability of the disbursement above the first FIVE
     HUNDRED THOUSAND DOLLARS (U.S. $500,000.00), as delineated in paragraph
     6.2, above, Borrower shall deliver to Lender ONE MILLION TWO HUNDRED
     THOUSAND (1,200,000) shares of common stock of Voyager Entertainment
     International, Inc., restricted pursuant to the provisions of SEC Rule 144.

          9.2. Unchanged.

          9.3. Unchanged.

          9.4. If the shares of common stock of Borrower are subdivided or
     combined into a greater or smaller number of shares of common stock, or if
     a dividend is paid on the common stock in shares of common stock, the
     shares of common stock issued to Lender shall not be proportionately
     reduced in case of subdivision of shares or stock dividend; however, they
     will be proportionately increased in the case of combination of shares by
     the ratio which the total number of shares of common stock outstanding
     immediately after such event bears to the total number of shares of common
     stock outstanding immediately prior to such event. This provision shall be
     retroactive to the commencement of the Agreement.

          5. The Parties agree to modify the first paragraph of that certain
     Revolving Promissory Note dated November 15, 2002 (the "Note"), as amended
     by agreement on February 15, 2003 as follows:

         FOR VALUE RECEIVED, the undersigned, VOYAGER ENTERTAINMENT
         INTERNATIONAL, INC., a North Dakota corporation ("Maker"), hereby
         promises to pay to the order of DAN FUGAL, an individual (together with
         his successors and assigns, ("Holder"), the principal sum not to exceed
         SEVEN HUNDRED THOUSAND DOLLARS (U.S. $700,000.00) or the aggregate
         unpaid principal amount of all advances or re-advances by the Maker
         pursuant to that certain loan agreement entitled "Loan and Security
         Agreement," (the "Loan Agreement") executed on even date, and to repay
         the outstanding aggregate unpaid principal amount, plus a lump-sum
         interest payment of SEVEN HUNDRED THOUSAND DOLLARS AND NO CENTS (U.S.
         $700,000.00) when sufficient funding of Development Financing has been
         secured so the escrow funds can be released, as defined in the Loan
         Agreement, or on or before July 31, 2003, whichever is sooner. All
         payments of principal and interest shall be made at Holders offices
         located at 1005 South Main Street, Pleasant Grove, UT 84062, or at such
         other places as the Holder may designate to Maker in writing

                                        3
<PAGE>

     6. Except for the modifications as expressly noted herein, all other
     provisions of the Agreement and Note shall remain unchanged and enforced.
     IN WITNESS WHEREOF, the parties have caused this Amendment to be duly
     executed and delivered as of the date and year first above written.

         LENDER:
                             /s/ DAN FUGAL
                             DAN FUGAL

         BORROWER:
                             VOYAGER ENTERTAINMENT INTERNATIONAL, INC., a North
                             Dakota corporation

                             By: /s/ Richard Hannigan, Sr.
                             Its: President

         VVI:
                             VOYAGER VENTURES, INC., a Nevada corporation

                             By: /s/ Richard Hannigan, Sr.
                             Its: President

                                       4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00071-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00071-of-00352.parquet"}]]