Amendment to Loan Agreement, dated March 14, 2006, among The Goldfield Corporation, Southeast Power Corporation, Bayswater Development Corporation, Pineapple House of Brevard, Inc. and Oak Park of Brevard, Inc. and Branch Banking and Trust Company Relating to Loans of up to $3.0 million

Branch Banking and Trust Company

1300 South Babcock Street

Melbourne, Florida  32901

(Hereinafter referred to as the “Bank”)

The Goldfield Corporation,

A Delaware corporation

1684 West Hibiscus Blvd.

Melbourne, Florida  32901

(Hereinafter referred to as the “Borrower”)

Southeast Power Corporation,

Bayswater Development Corporation,

a Florida corporation

a Florida corporation

1684 West Hibiscus Blvd.

1684 West Hibiscus Blvd.

Melbourne, Florida  32901

Melbourne, Florida 32901

Pineapple House of Brevard, Inc.,

Oak Park of Brevard, Inc.,

a Florida corporation

a Florida corporation

1684 West Hibiscus Blvd.

1684 West Hibiscus Blvd.

Melbourne, Florida 32901

Melbourne, Florida 32901

(Individually and collectively “Guarantor”)

1.

The above Recitals are hereby incorporated by reference.

2.

The Bank hereby amends the provision in Note One that limits the principal amount the amount of $1,000,000.00 that may be borrowed and re-borrowed from time to time, from the principal sum of $1,000,000.00 to the principal sum of $3,000,000.00.

3.

The terms of Note One are hereby renewed and modified in their entirety as evidenced by that certain Renewal Revolving Line of Credit Promissory Note (herein “Renewal Promissory Note”) in the principal amount of $3,000,000.00, dated March 14, 2006, which has a maturity date of August 26, 2006.  Note One as renewed and modified in its entirety by the Renewal Promissory Note is herein collectively referred to as the “Promissory Note” or “Note”. All references in the Loan Agreement dated August 26, 2005 to the term “Note” shall now refer to Note One, as renewed and modified in its entirety by the Renewal Promissory Note.