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SECOND AMENDMENT TO CONTRACT TO BUY AND SELL REAL ESTATE (Vacant Land-Farm-Ranch) This Second Amendment to Contract to Buy and Sell Real Estate (Vacant Land-Farm-Ranch} ("Second Amendment") is made this 26th day of February, 2004 by and between SOUTHWESTERN INVESTMEN'T' GROUP, LLC, or assigns ("Buyer") and ALBERT WATADA, ALFRED WATADA, and MARGARET WATADA (collectively, "Seller"). RECTTALS A- Buyer and Seller entered into a Contract to Buy and Sell Real Estate (Vacant Land-Fazm-Ranch) dated April 1, 2003, as amended by Agreement to Amend/Extend Contract dated June 6, 2003 (collectively the "Contract"), for certain property more particulazly described therein located in Weld County, Colorado. B. The parties.want to amend the Contract as set forth below. NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby expressly aclolowledged, the parties agree as follows: 1. Terms. All capitalized terms herein shall have the same meaning as set forth in the Contract unless otherwise specificallydefined herein. 2. Sunersedin¢ Effect This Second Amendment shall supersede any conflicting provision in the Contract. The parties herebyratify and confirm the Contract as amended by this Second Amendment. 3. Additional Due Dilieence Period(s). Tn the Addendum to the Contract, at paragraph f, Seller and Buyer agreed to that Buyer could opt to exercise three, two-month extensions periods for a consideration of $5,000 per extension period, payable to Land Title Company, said money to be refundable if a mining permit is denied. That paragraph further defined that such crosideration shall be applicable to the purchase price. There parties herein desire to modify the terms and conditions of Uie Contract as those terms and conditions apply to Additional Due Dilib~ence Period(s). Seller and-Buyer agree that effective as of January 14, 2004, Buyer may opt to exercise two- month extension periods in exchange for a consideration of~per two-month extension period. Any such consideration payment shall be: (a) applicable to the Purchase Price, (b) payable to Seller in lieu of payable to the Title Company, (c) immediately disbursed to Seller, (d) divided equally between (i) Albert Watada to receive a sepazate checkin the amount of $2,500 and (ii) Alfred and Mazgaze[ Watada to receive a separate check in the amount of~the combined sum being and (e) in any event, any and all payment for any Additional Due Diligence Period(s) shall be nm-refundable to Buyer_ Additional Due Diligence Consideration Due Date Due Diligence Term Jan 14, 2004 Janu 14 -March 13, 2004 March 14, 2004 Mazch 14 - Ma 13, 2004 Ma 14, 2004 Ma 14 -Jul 13, 2004 Jul 14, 2004 Jul 14 - S tember 13, 2004 Page 1 of 2