AMENDED PROMISSORY NOTE
Salt Lake City, Utah
$10,000.00 May 5, 1999
FOR VALUE RECEIVED, the undersigned, Pawnbrokers Exchange, Inc., a Utah corporation (hereinafter
referred to as the "Maker"), with its address at 158 South State Street, Salt Lake City, Utah 84111, agrees and
promises to pay to the order of Brian Armstrong (hereinafter referred to as the "Holder"), at 1145 Hill View
Drive, Salt Lake City, Utah 84124, or such other place as the Holder may designate in writing, in coin or
currency of the United States of America, which at the time of payment is legal tender for the payment of public
and private debts, the principal sum of ten thousand dollars ($10,000.00), together with interest thereon at the
rate of ten per cent (10%) per annum, from the date hereof until maturity, as hereinafter provided. The principal
balance of this Promissory Note (hereinafter referred to as the "Note"), together with all interest then accrued and
unpaid, shall be due and payable on demand.
This Amended Promissory Note amends and supercedes that certain demand Promissory Note dated May 5,
1999, in the principal amount of $10,000, bearing interest at the rate of ten per cent (10%) per annum, from the
Maker to the Holder.
The Maker may prepay any part or all of this Note at any time without penalty. Each payment or pre-payment
made by the Maker hereunder shall be applied first to the payment or pre-payment of accrued and unpaid
interest, if any, due on the unpaid principal balance of this Note and the remainder of each payment or pre-
payment made by the Maker shall be applied to the reduction of the unpaid principal balance hereof.
If default is made in the payment of this Note, as and when the same is or becomes due, the Holder may, after
notice and failure to cure as hereinafter provided, without additional notice or demand, declare the entire unpaid
principal balance hereof and accrued and unpaid interest, if any, at once due and payable.
Except as otherwise specifically set out herein, the Maker