Exhibit 10.01
                             MODIFICATION AGREEMENT

MODIFICATION  AGREEMENT  made as of the  17th  day of June  2005 to the  Secured
Promissory  Note dated as of September  1, 2004,  and amended as of November 30,
2004,  as of April  30,  2005 and as of May 20,  2005 by and  between  Ronald L.
Schutt?,  hereinafter  referred to as  "Schutt?"  or the  "HOLDER"  and BROOKLYN
CHEESECAKE & DESSERTS COMPANY, INC. formerly know as CREATIVE BAKERIES,  INC., a
New York corporation  ("BROOKLYN CHEESECAKE & DESSERTS"),  and J.M. SPECIALTIES,
INC., a NEW JERSEY CORPORATION  ("JMS") (BROOKLYN  CHEESECAKE & DESSERTS and JMS
are collectively referred to as the "BORROWERS").

                              W I T N E S S E T H:
                              --------------------

      WHEREAS,  Borrowers issued to Schutte' a $317,000 Secured  Promissory Note
(the "PROMISSORY NOTE");

      WHEREAS,  the  parties  subsequently  amended  the  Promissory  Note as of
November 30, 2004 to extend the term of the Note

      WHEREAS,  the parties subsequently amended the Promissory Note as of April
30, 2005 to extend the term of the Note

      WHEREAS,  the parties  subsequently  amended the Promissory Note as of May
20, 2005 to extend the term of the Note and

      WHEREAS,  the  Promissory  Note is due June 17,  2005 and the  COMPANY and
Schutt? are desirous of further modifying the terms of the Promissory Note.

         NOW,  THEREFORE,  IN CONSIDERATION OF THE MUTUAL COVENANTS AND
         PROMISES  AND  OTHER  GOOD  AND  VALUABLE  CONSIDERATION,  THE
         RECEIPT OF WHICH IS HEREBY ACKNOWLEDGED, IT IS MUTUALLY AGREED
         AS FOLLOWS:


1.  Modifications:  Effective as of the date first written above, the Promissory
Note shall be modified as follows:

                  1.1  Extension of the term of modified  Promissory  Note.  The
maturity date of the Promissory Note will be extended to July 31, 2005.

                  1.2 Right to prepay Promissory Note. The COMPANY will have the
right to prepay without  penalty all or a portion of the Promissory  Note at any
time during the term of the Promissory Note.


2. Other Provisions.

                  2.1 Force and Effect.  All other terms of the Promissory  Note
shall remain in full force and effect.

                  2.2  Company   Representations.   The  Company  represents  to
Schutte'  that  there have been no  material  adverse  changes in the  Company's
public disclosures since the filing of the Company's most recent Form 10-KSB and
8-K Reports with the  Securities  and Exchange  Commission and that the Board of
Directors  of  the  Company  has  authorized  and  approved  this   modification
agreement.  The  Company  further  represents  that it has taken  the  necessary
corporate  action to authorize the within  agreement and the modification to the
Promissory Notes.



                  2.3 HOLDER Representations.  HOLDER represents to Company that
it has been afforded an opportunity to consult with professional advisors and or
counsel and that all necessary  approvals and action have been obtained to enter
into this  modification  agreement to extend the due date of the Promissory Note
as previously modified.

                  2.4  Miscellaneous.  This  Agreement  shall be governed by the
laws of the State of New York,  and may be executed  in  multiple  counterparts,
each of which shall be considered an original but all of which shall  constitute
one and the same agreement.  All notices under this Agreement shall be in accord
with the  provisions as set forth in the New Note.  The terms of this  Agreement
and New Note may only be  modified  upon  mutual  agreement  of the  parties  in
writing.

      IN WITNESS WHEREOF, the parties have set their hands and seals on the day,
month and year first above written.


                                         Ronald L. Schutte'


                                By:      _______________________________



                                Brooklyn Cheesecake & Desert Company, Inc.


                                By:      ________________________________



                                         J.M. Specialties, Inc.


                                By:      _________________________________