E-NET BOND TERM SHEET
                              ---------------------


     This  TERM  SHEET is intended to summarize the terms pursuant to which Anza
Properties,  Inc.,  a  wholly owned subsidiary of E-Net Financial.com, Inc. (the
"Company")  would  issue  secured  convertible  debentures  (the  "Bonds").

1.     The  Company  (OTCBB  trading)  would form a wholly owned subsidiary (the
"Subsidiary").

2.     The  Subsidiary  would  raise money on a best efforts basis utilizing the
issuer  exemption.  It  is understood that these best efforts are independent of
any  obligation  on the part of the Company to pay back the $200,000 bridge loan
provided  by  Laguna  Pacific  Partners,  LLP.

3.     These  Bonds  would  be  subject  to  the  following  terms:

a.     Each  Bond  would  be in the amount of $5,000.  The Subsidiary would rely
upon  Regulation  D which provides that a private offering may be conducted with
no  more  than  35  nonaccredited  investors.

b.     Each  Bond would provide for interest at a minimum rate of 90% of the net
operating  income  (defined  as  rent  less  ordinary  and  reasonable operating
expenses)  payable  bi-monthly,  commencing  the  later to occur of either:  (1)
three months from the issuance of the Bond; or (2) the closing by the Subsidiary
upon  its  initial  real  estate  project.  In addition, the Company would issue
three-year  warrants  in  the  principal  amount of 5% of the amount of the Bond
investment.  The  exercise  price  of such Warrants shall be the market price of
the  Company upon the date the Bonds are converted.  The shares underlying these
warrants shall be contained in the registration statement registering the shares
underlying  the  Bonds.  In  addition,  each  investor  shall receive additional
interest  in Company restricted stock which shall provide an aggregate return of
15%  (subject  to  the  registration rights set forth herein).  The value of the
restricted  stock  shall  be  calculated  as the weighted average of the trading
price  of  the  Company's  stock during the 30-day period prior to the date upon
which  the  interest  is  calculated.

c.     Proceeds  from  the  sale of the Bonds would be used to acquire apartment
complexes,  or  mini-warehouses/self-storage  facilities located anywhere in the
United  States producing the highest return to Subsidiary reviewed and available
from  such  properties  at  that  time.


d.
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The  Bonds  are for a three year term, at which time all principal would be paid
back  in  full;  however,  if  the  public  parent  Company processes a NATIONAL
EXCHANGE  application  during  this  three  year period of time, the bondholders
would  be  required to convert their shares into registered shares at 80% of the
average  closing  market  price  during  the 10 trading days proceeding NATIONAL
EXCHANGE  clearance.  It  is  critical that this conversion be in the control of
the  Company  and that the conversion take place no later than NATIONAL EXCHANGE
approval  to  assure that the bonds provide the Company with the required equity
to secure NATIONAL EXCHANGE status.  Further, it is not unusual for a company to
go effective with a registration statement simultaneous with a NATIONAL EXCHANGE
listing  (this  is  done  with  IPOs  all  the  time).

e.     The  Bonds  will be secured with the real estate owned by the Subsidiary.
The  Subsidiary  would be restricted from placing mortgage debt upon the Company
which  caused  the  real  estate  portfolio to generate less than 130% in rental
income  in  excess of its aggregate mortgage payments.  While it is contemplated
that  the proceeds of the Bonds may frequently be used as the initial payment to
acquire real estate (to avoid the time consuming process of loan approval and to
provide  negotiating  leverage).  Up to 5% of the proceeds of the Bonds shall be
used  to  pay  off  the  bridge loan provided by Laguna Pacific Partners, LP and
$25,000  of  this  5% shall be used to provide additional working capital to the
Company.

4.     In  addition,  25% of the proceeds derived from the issuance of the Bonds
shall be allocated to costs associated with the funding of the Bonds, including,
but not limited to, office overhead, marketing costs, salaries of employees, due
diligence,  identifying  possible  property acquisitions, other associated costs
and  general  operating  capital.

5.     By  affixing  its  signature  below,  the  entities  set  forth below are
evidencing  their  interest in proceeding with a bridge loan in order to finance
certain  costs  associated  with the raising of the Bond funding and to instruct
legal  counsel  to  prepare definitive documentation evidencing the terms of the
proposed  offering  of  Bonds.  It is hereby understood that Lawrence W. Horwitz
and  the  law  firm  of Senn Palumbo Meulemans, LLP are exclusively representing
Laguna  Pacific Partners, LP in the subject transaction and that the Company has
its  own  independent  counsel  approving  all  documentation.

                        [SIGNATURES FOLLOW ON NEXT PAGE]


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     IN  WITNESS  WHEREOF,  the  parties hereto have caused this Agreement to be
duly  executed,  as  of  this 26th day  of  June,  2001.



E  NET  FINANCIAL.COM,  INC.



By:  /s/ Vincent R. Rinehart
     Vincent R. Rinehart
Its: President & CEO


LAGUNA  PACIFIC  PARTNERS,  L.P.



By:  /s/  Lawrence  W.  Horwitz
     Lawrence  W.  Horwitz
Its: President  of  General  Partner,
     Strawberry  Canyon  Capital,  Inc.




By:  /s/ Thomas H. Ehrlich
     Thomas  H.  Ehrlich
Its: President  of  General  Partner,
     Manhattan  Network,  Inc.

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