MODIFICATION AND EXTENSION
AGREEMENT
This MODIFICATION AND EXTENSION
AGREEMENT (this “Agreement”) made as of this
19th day of September, 2006, is entered into by and between W. Sam
Chandoha, an individual, having his principal place of business
located at 333 East 79th Street, Penthouse North, New York, New
York 10021 (“Chandoha”), and Findex.com, Inc.,
a corporation duly organized and existing
under the laws of the State of Nevada, having its principal place
of business located at 11204 Davenport Street, Suite 100, Omaha,
Nebraska 68154 (the “Corporation” and, together with
Chandoha, the “Parties”).
WHEREAS , the Parties hereto have executed a certain
Convertible Secured Promissory Note dated July 20, 2006, payable to
the order of Chandoha in the original principal sum of one hundred
fifty thousand dollars ($150,000) together with interest at a rate
of ten percent (10%) per thirty-day period (the
“Note”), secured by a certain Security Agreement dated
July 20, 2006, wherein the Corporation granted Chandoha a
continuing first party interest in all of its assets, including the
intellectual property comprising the software products upon which
the Corporation is dependent for revenue;
WHEREAS, pursuant to the terms of the Note, the
Corporation has until September 20, 2006 (the “Maturity
Date”) to pay to the order of Chandoha, in same day
immediately available funds, the original principal sum together
with all accrued interest outstanding thereon;
WHEREAS, on or before the Maturity Date, the Corporation
will wire transfer seventy-five th
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