1 (8 oz.) pkg. Cheddar cheese
1 sm. can sliced black olives
1 sm. can chopped jalapenos
1 (2 oz.) pkgs. cream cheese
1 pkg. flour tortillas
1 jar Picante sauce

Mix all ingredients (except tortillas and Picante sauce) in a large bowl until creamy. Spread mixture thinly on tortillas and roll up. Store in a large pan in refrigerator for 1 hour. Cut into bite-size pieces. Arrange on a platter with Picante sauce for dipping.