PROMISSORY NOTE


Principal Amount: $100,000                                 Interest Rate: 10.00%

          In consideration of value received, receipt of which is hereby
acknowledged, Montgomery Realty Group, Inc. a Nevada corporation doing business
in California as Nevada - Montgomery Realty Group, Inc. ("Borrower") promises to
pay to Dinesh Maniar ("Lender" or "Promisee"), or order, in lawful money of the
United States of America, the principal amount of One Hundred Thousand Dollars
($100,000.00) or so much as may be outstanding, together with interest on the
unpaid principal balance, at the rate of ten percent (10.00%) per annum, as set
forth below. All payments under this note shall be made payable to Dinesh
Maniar, or order.

Interest Payments: Interest shall accrue under this note at the rate of Ten
Percent (10%) per annum. Interest shall be paid monthly, with interest payments
commencing May 1, 2001 and continuing on the first day of each month until the
maturity on April 30, 2002, at which time all accrued but unpaid interest shall
be due and payable.

Principal  Payment:  All of the  principal  due under this note,  together  with
accrued interest thereon, shall be due and payable on April 30, 2002.

Prepayment: This note may be prepaid, in whole or in part, prior to the maturity
dates set forth above, without a prepayment penalty or other charge therefore.

Waiver: The Lender may delay or forgo enforcing any of his rights or remedies
under this Note without losing them. Borrower and any other person who signs,
guarantees or endorses this Note, to the extent allowed by law, waive
presentment, demand for payment, protest and notice of dishonor. Upon any change
in the terms of this Note, and unless otherwise expressly agreed in writing, no
party who signs this Note, whether as maker, guarantor or accommodation maker or
endorser, shall be released from liability. All such parties agree that Lender
may renew or extend (repeatedly and for any length of time) this Note, or
release any party or guarantor or collateral; or impair, fail to realize upon or
perfect Lender's security interest, if any, and take such other action deemed
necessary by Lender without the consent of or notice to anyone. All such parties
agree that Lender may modify this Note without the consent of or notice to
anyone other than the party with whom this modification is made.

Late Charges: In the event that any interest payment required hereunder is not
paid on the due date and more than ten (10) days shall have elapsed since the
due date, then Borrower shall pay to Lender a five percent (5%) late charge on
said late payment.

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Event of Default: An Event of Default shall exist if any of the following occur:
(a) failure by Borrower to make any payment required by this Promissory Note
when due; (b) failure by Borrower to honor any material term, covenant or
condition as set forth in this Promissory Note; or (c) the commencement of a
bankruptcy proceeding by Borrower.

Remedies Upon Default: In the Event of Default as described above, the Lender
may, without election of remedies do one or more of the following: (a) continue
to collect payments as they come due under this Note; (b) accelerate the
principal balance due under this Note such that the full amount of accrued
interest and principal becomes immediately payable; (c) take such actions as
Lender deems appropriate to ensure payment of this Note.

Transferability:   Lender  may  assign,  pledge,  mortgage,  hypothecate,  sell,
transfer,  convey or otherwise dispose of Lender's interest in this Note without
the consent of Borrower or the giving of any notice. The obligations of Borrower
under this Note are not transferable without the written consent of Lender.

Waiver: The Lender may delay or forgo enforcing any of her rights or remedies
under this Note without losing them. Borrower and any other person who signs,
guarantees or endorses this Note, to the extent allowed by law, waive
presentment, demand for payment, protest and notice of dishonor. Upon any change
in the terms of this Note, and unless otherwise expressly agreed in writing, no
party who signs this Note, whether as maker, guarantor or accommodation maker or
endorser, shall be released from liability. All such parties agree that Lender
may renew or extend (repeatedly and for any length of time) this Note, or
release any party or guarantor or collateral; or impair, fail to realize upon or
perfect Lender's security interest, if any, and take such other action deemed
necessary by Lender without the consent of or notice to anyone. All such parties
agree that Lender modify this Note without the consent of or notice to anyone
other than the party with whom this modification is made.

Attorneys Fees: This Note shall be governed by the laws of the State of
California. In the event any action is taken by the Lender to enforce collection
of any sum due under this Note, the maker agrees to pay, in addition to all
other sums chargeable hereunder, reasonable costs and attorneys fees incurred in
collection of this Note.

Counterparts:  This Note may be executed in counterparts, each of which shall be
deemed an original.

Dated: April 9, 2001                               /s/ Dinesh Maniar
                                                   ----------------------------
                                                   Mr. Dinesh Maniar
                                                   President
                                                   Montgomery Realty Group, Inc.

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