Nuevo Financial Center, Inc. Watch

from 10KSB 2 pages To: Bondholders From: Board of Directors of Nuevo Financial Center, Inc. Re: Addendum to Bridge Loan Date: November 10, 2006 Based Upon Our Previous Conversations, We Approve the Following Changes Concerning the Terms of the Bridge Loan: 1. Amount of Bridge Loan: $425,000 2. Interest Rate: Up Until March 31, 2006, the Interest Rate on the Bridge Loan Will Be Calculated at 5% Per Annum. on April 1, 2006, the Interest Rate on the Bridge Loan Will Change to 10% Per Annum. 3. Loan Repayment: A) With Any Round of Funding Completed Subsequent to the Date of This Addendum, but Prior to a $5,000,000 Pipe Financing, 10% of the Net Proceeds Would Be Used as Principal Repayment; And, B) the Remaining Principal and Interest Would Then Be Completely Retired Upon Completion of the Minimum $5,000,000 Pipe Financing, Which Is Expected in the First Quarter 2007. C) Notwithstanding the Foregoing the Entire Principal and Interest Shall Be Repaid Before December 31, 2007. D) if the Bridge Loan Is Not Paid by the Due Date, the Parties Agree to Renegotiate the Terms of the Bridge Loan No Later Than 60 Days After the Due Date. 4. Option to Convert