Remove tortillas from refrigerator. Let stand at room temperature until soft & flexible (about 10 minutes). In a small bowl combine cream cheese and jelly. Spread one tortilla with a thin layer of jelly mixture. Top with another tortilla. Spread top tortilla with peanut butter. Gently roll up tortilla. Wrap individually in plastic wrap. Refrigerate, if possible, at least one hour or overnight. To serve, slice rolls in half or into 1-inch bite-size pieces.