HELIX WIND, CORP.
Convertible Promissory Note
FOR VALUE RECEIVED , Helix Wind, Corp., a Nevada corporation (the “ Borrower ”), hereby
promises to pay to St. George Investments, LLC, an Illinois limited liability company, its successor or assigns (the
“ Lender ,” and together with the Borrower, the “ Parties ”), the principal sum of $72,500.00 (the “ Principal
Amount ”) together with all accrued and unpaid interest thereon, fees incurred or other amounts owing
hereunder, all as set forth below in this Convertible Promissory Note (this “ Note ”). This Note is issued pursuant
to that certain Note Purchase Agreement of even date herewith, entered into by and between the Borrower and
the Lender (the “ Purchase Agreement ”).
1. Principal and Interest Payments . Interest on the unpaid principal balance of this Note shall
not accrue unless a Trigger Event or an Event of Default (each as defined hereafter) occurs. As set forth
hereafter, upon the occurrence of a Trigger Event or an Event of Default, the Outstanding Balance (as defined
below) of this Note shall accrue simple interest at the rate of 15.00% per annum from and after the date of the
occurrence of the Trigger Event or Event of Default, whether before or after judgment, until paid in full.
Notwithstanding any provision to the contrary herein, in no event shall the applicable interest rate at any time
exceed the maximum interest rate allowed under applicable law. If not sooner converted as provided below, the
entire unpaid principal balance and all accrued and unpaid interest, if any, shall be due and payable upon the date
that is six months from the date of this Note (the “ Maturity Date ”). All payments owing hereunder shall be
made in lawful money of the United States of America delivered to the Lender at the address furnished to the
Borrower for that purpose. All payments shall be applied first to costs of collection, if any, then to accrued and
unpaid interest, and thereafter to principal. For p