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LOAN AGREEMENT THIS LOAN AGREEMENT (this "Agreement") dated this 24th day of January, 2011 BETWEEN: Fernando Del of 9855 Beverly Glen, Beverly Hills CA 90210 (the "Lender") OF THE FIRST PART AND Tim Burton of 9685 Beachy Ave, Arleta CA 91331 (the "Borrower") OF THE SECOND PART IN CONSIDERATION OF the Lender loaning certain monies (the "Loan") to the Borrower, and the Borrower repaying the Loan to the Lender, both parties agree to keep, perform and fulfill the promises and conditions set out in this Agreement: Loan Amount & Interest 1. The Lender promises to loan ten thousand ($10,000.00) USD, to the Borrower and the Borrower promises to repay this principal amount to the Lender, at such address as may be provided in writing, with interest payable on the unpaid principal at the rate of 10 percent per annum, calculated monthly not in advance. Payment 2. This Loan will be repaid in 36 consecutive monthly installments of principal and interest on the first of each month commencing the month following execution of this Agreement with the balance owing under this Agreement being paid at the end of its term. Default 3. Notwithstanding anything to the contrary in this Agreement, if the Borrower defaults in the performance of any obligation under this Agreement, then the Lender may declare the principal amount owing and interest due under this Agreement at that time to be immediately due and payable. Additional Clauses 4. First clause: pay me my money. Governing Law 5. This Agreement will be construed in accordance with and governed by the laws of the State of California. Costs 6. All costs, expenses and expenditures including, without limitation, the complete legal costs incurred by enforcing this Agreement as a result of any default by the Borrower, will be added to the principal then outstanding and will immediately be paid by the Borrower. Binding Effect 7. This Agreement will pass to the benefit of and be binding upon the respective heirs, executors, administrators, successors and permitted assigns of the Borrower and Lender. The Borrower waives presentment for payment, notice of non-payment, protest, and notice of protest. March 4, 20010


Amendments 8. This Agreement may only be amended or modified by a written instrument executed by both the Borrower and the Lender. Severability 9. The clauses and paragraphs contained in this Agreement are intended to be read and construed independently of each other. If any term, covenant, condition or provision of this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, it is the parties' intent that such provision be reduced in scope by the court only to the extent deemed necessary by that court to render the provision reasonable and enforceable and the remainder of the provisions of this Agreement will in no way be affected, impaired or invalidated as a result. General Provisions 10. Headings are inserted for the convenience of the parties only and are not to be considered when interpreting this Agreement. Words in the singular mean and include the plural and vice versa. Words in the masculine mean and include the feminine and vice versa. Entire Agreement 11. This Agreement constitutes the entire agreement between the parties and there are no further items or provisions, either oral or otherwise. IN WITNESS WHEREOF, the parties have duly affixed their signatures under hand and seal on this 24th day of January, 2011. SIGNED, SEALED, AND DELIVERED this 24th day of January, 2011 in front of the person below who is over 18 years of age and not involved with the contents of this document or related to any of the parties in this document. __________________________ (signature of witness) Fernando Del WITNESS DETAILS: Name: _______________ Address: _______________ _______________

SIGNED, SEALED, AND DELIVERED this 24th day of January, 2011 in front of the person below who is over 18 years of age and not involved with the contents of this document or related to any of the parties in this document.

March 4, 20010


__________________________ (signature of witness) WITNESS DETAILS: Name: _______________ Address: _______________ _______________ Š2002-2011 LawDepot.comTM

March 4, 20010

Tim Burton


AMORTIZATION SCHEDULE Date Payment ($) Principal Paid ($) Interest Paid ($) Total Interest ($) Balance ($) Tue Feb 1st, 2011 322.68 239.35 83.33 83.33 9,760.65 Tue Mar 1st, 2011 322.68 241.34 81.34 164.67 9,519.31 Fri Apr 1st, 2011 322.68 243.35 79.33 244.00 9,275.96 322.68 245.38 77.30 321.30 9,030.58 Sun May 1st, 2011 322.68 247.43 75.25 396.55 8,783.15 Wed Jun 1st, 2011 Fri Jul 1st, 2011 322.68 249.49 73.19 469.75 8,533.67 251.57 71.11 540.86 8,282.10 Mon Aug 1st, 2011 322.68 Thu Sep 1st, 2011 322.68 253.66 69.02 609.88 8,028.44 322.68 255.78 66.90 676.78 7,772.66 Sat Oct 1st, 2011 Tue Nov 1st, 2011 322.68 257.91 64.77 741.55 7,514.75 Thu Dec 1st, 2011 322.68 260.06 62.62 804.18 7,254.70 Sun Jan 1st, 2012 322.68 262.22 60.46 864.63 6,992.47 322.68 264.41 58.27 922.90 6,728.06 Wed Feb 1st, 2012 Thu Mar 1st, 2012 322.68 266.61 56.07 978.97 6,461.45 Sun Apr 1st, 2012 322.68 268.83 53.85 1,032.82 6,192.62 322.68 271.07 51.61 1,084.42 5,921.54 Tue May 1st, 2012 Fri Jun 1st, 2012 322.68 273.33 49.35 1,133.77 5,648.21 Sun Jul 1st, 2012 322.68 275.61 47.07 1,180.84 5,372.60 277.91 44.77 1,225.61 5,094.69 Wed Aug 1st, 2012 322.68 322.68 280.22 42.46 1,268.06 4,814.46 Sat Sep 1st, 2012 Mon Oct 1st, 2012 322.68 282.56 40.12 1,308.18 4,531.90 Thu Nov 1st, 2012 322.68 284.91 37.77 1,345.95 4,246.99 322.68 287.29 35.39 1,381.34 3,959.70 Sat Dec 1st, 2012 Tue Jan 1st, 2013 322.68 289.68 33.00 1,414.34 3,670.02 Fri Feb 1st, 2013 322.68 292.10 30.58 1,444.92 3,377.92 Fri Mar 1st, 2013 322.68 294.53 28.15 1,473.07 3,083.39 Mon Apr 1st, 2013 322.68 296.99 25.69 1,498.77 2,786.41 299.46 23.22 1,521.99 2,486.95 Wed May 1st, 2013 322.68 322.68 301.96 20.72 1,542.71 2,184.99 Sat Jun 1st, 2013 Mon Jul 1st, 2013 322.68 304.47 18.21 1,560.92 1,880.52 322.68 307.01 15.67 1,576.59 1,573.51 Thu Aug 1st, 2013 Sun Sep 1st, 2013 322.68 309.57 13.11 1,589.70 1,263.94 Tue Oct 1st, 2013 322.68 312.15 10.53 1,600.24 951.80 Fri Nov 1st, 2013 322.68 314.75 7.93 1,608.17 637.05 Sun Dec 1st, 2013 322.68 317.37 5.31 1,613.48 319.68 322.34 319.68 2.66 1,616.14 0.00 Wed Jan 1st, 2014 ©2002-2011 LawDepot.com™

March 4, 20010

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