PROMISSORY NOTE
                                 ---------------


$37,500.00                               Fort Lauderdale, FL, September 28, 2001

FOR VALUE  RECEIVED,  I/WE, or either of us,  promise to pay to the order of BAY
COLONY ASSOCIATES,  LTD., the sum Thirty seven thousand, five hundred and no/100
dollars ($37,500.00) at c/o Marquette Realty, 5601 N. Dixie Highway,  Suite 420,
Fort  Lauderdale,  Florida  33334,  with interest from date at the rate of seven
(7%) percent per annum until paid, payable as follows:

Payable in one lump sum including  principal  and accrued  interest on or before
November 28, 2001.

Now should it become  necessary to collect his note through an attorney,  either
of us, whether maker, surety, or endorser on this note, hereby agrees to pay all
costs of such collection,  including reasonable  attorney's fee. The drawers and
endorsers  severally  waive  presentment  for  payment,  protest,  and notice of
protest of this note.  IN THE EVENT any payment of interest or principal  not be
paid within THIRTY (30) days after the same becomes due, the holder on this note
may, at his option,  declare the whole  principal sum here to be immediately due
and payable.

PARKSON PROPERTY LLC

By:/s/ Robert G. Tancredi
   =============================================
   Robert G. Tancredi, authorized representative