EXHIBIT 1 TO REAL ESTATE TRANSACTION

ADDENDUM 1
If the Payor shall fail to make any payment of interest or principal within ten (10) days
after written notice has been mailed to Payor, then any such failure to make payment
shall constitute an immediate material default in regard to the terms and provisions of
this Promissory Note, provided however, that no written notice of default regarding
payment of indebtedness and no opportunity to cure any failure to make payment shall
be required if during any twelve (12) consecutive month period Payee has already sent
one (1) written notice to Payor concerning nonpayment or late payment. In addition,
the failure of the Payor to observe or perform any of the covenants, conditions, and
provisions of the Trust Deed securing performance of this Promissory Note, where such
failure shall continue for a period of ten (10) days after written notice of such claimed
default has been mailed to Payor by United States Certified Mail, Return Receipt
Requested, shall constitute an immediate material default in regard to the terms and
provisions of this Promissory Note and in regard to the terms and provisions of the
aforementioned Trust Deed; and without any further written notice whatsoever, Payee
or the holder of this Promissory Note shall have the right to immediately accelerate and
declare the entire unpaid principal balance and all accrued interest to be fully due and
payable to the Payee by the Payor. In the event of any default in regard to the terms
and provisions of this Promissory Note by the Payor, the Payee shall have the right to
immediately accelerate and declare the entire unpaid principal balance and all unpaid
accrued interest to be immediately due and payable to the Payee by the Payor. In the
event that Payor enters into an Earnest Money Agreement with a potential thlrd party
purchaser regarding any interest in the parcel of real property, or any part thereof,
described in said Trust Deed at any time that any amount of unpaid principal or
interest is owing to Payee pursuant to the terms of this Promissory Note or the
aforementioned Trust Deed, Payor shall mail a complete copy of the executed Earnest
Money Agreement to the Payee within fifteen (15) days after any such Earnest Money
Agreement is signed by any potential third party purchaser. Any such executed
Earnest Money Agreement shall clearly state that upon the closing of the real estate
transaction described in the Earnest Money Agreement, the entire unpaid principal
balance and all unpaid accrued interest, and all other fees owing to the Payee pursuant
to this Promissory Note and the Trust Deed shall be paid in full and, thereafter upon
the closing of any such subsequent real estate transaction regarding the above
described real property all sums owing by Payor to Payee regarding the
aforementioned Promissory Note and Trust Deed shall be paid in full.
Page 1 - Exhibit 1 to Real Estate Transaction Addendum 1