<PAGE>

                                                       EXHIBIT 10.1
                                                       ------------

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Vacant Land Contract
FLORIDA ASSOCIATION OF REALTORS(R)
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                 PARTIES AND DESCRIPTION OF PROPERTY

1. SALE AND PURCHASE:

      BIGHAM FARMS INC.

("Seller") and

      SOLOMAN LAM and/or Assignee

("Buyer")
agree to sell and buy on the terms and conditions specified below
the property ("Property") described as:
Address:

1012 acres (m.o.l.) Adamsville, Florida

Legal Description:

Parcels located in Sections 31, 32 and 33 of Township 19 south,
Range 23 east of Sumter County, Florida consisting of 1012 acres
m.o.l. Exact acreage and description to be provided by buyer's
survey.

including all improvements and the following additional property:
Residence that seller resides in at present and any existing
additional structures located on the property

                         PRICE AND FINANCING

2. PURCHASE PRICE: $ 3,339,600 payable by Buyer in U.S. funds as
   follows:

(a) $60,000  Deposit received (checks are subject to clearance) upon
    acceptance by
____________________ for Terry Neal P.A. (Leesburg) ("Escrow Agent")
                         --------------------------
    Signature            Name of Company

(b) ________________ Additional deposit to be made by ______________.

(c) $ ______________ Total Financing (see Paragraph 3 below) (express
                     as a dollar amount on percentage)

(d) $ ______________ Other: ________________________________________

(e) $3,279,600      Balance to close (not including Buyer's closing
    costs, prepaid items and prorations). All funds paid at closing
    must be paid by locally drawn cashier's check or wired funds.

[ ] (f) (complete only if purchase price will be determined based on
a per unit cost instead of a fixed price) The unit used to determine
the purchase price is ( ) lot (x) acre ( ) square foot ( ) other
(specify:_______________________) prorating areas of less than a
full unit.  The purchase price will be $3,300 per unit based on a
calculation of total area of the Property as certified to Buyer and
Seller by a Florida-licensed surveyor in accordance with Paragraph
8(c) of this Contract.  The following rights of way and other areas
will be excluded from the calculation: R.O.W. for CR 468.

3. CASH/FINANCING: (Check as applicable) (x)(a) Buyer will pay cash
for the Property with no financing contingency.
( )(b) This Contract is contingent on Buyer qualifying and obtaining
the commitment(s) or approval(s) specified below within ____ days
from Effective Date (if left blank then Closing Date or 30 days from
Effective Date, whichever occurs

Vacant Land Contract - VAC-3, 4/98
(C)1998 Florida Association of REALTORS(R) All Rights Reserved
RealFA$T(R) Forms, Box 4700, Frisco, CO 80443,
Version 6.03, (c)RealFA$T(R), 2000; Reg#PFLFAR224911
Completed by - Reggie Caruthers, ALC, OXFORD LAND CO.
                                                         Page 1 of 7

<PAGE>

first).  Buyer will apply for
financing within ____ days from Effective Date (5 days if left blank)
("Application Period") and will timely provide any and all credit,
employment, financial, and other information required by the lender.
If  Buyer, after using diligence and good faith, cannot obtain the
financing, either party may cancel this Contract and Buyer will
return to Seller all title evidence and surveys provided by Seller,
and Buyer's deposit(s) will be returned after Escrow Agent receives
proper authorization from all interested parties.  Buyer will pay all
loan expenses, including the lender's title insurance policy.
(  )(1) New Financing: Buyer will secure a commitment for new third
party financing for $____________ or _________% of the purchase
price at the prevailing interest rate and loan costs.  Buyer will
keep Seller and Broker fully informed of the loan application status
and progress and authorizes the lender or mortgage broker to
disclose all such information to Seller and Broker.
(  )(2) Seller Financing: Buyer will execute a ( ) first ( ) second
purchase money note and mortgage to Seller in the amount of
$_________________, bearing annual interest at ______% and payable
as follows:
____________________________________________________________________
The mortgage, note, and any security agreement will be in a form
acceptable to Seller and will follow forms generally accepted in the
county where the Property is located; will provide for a late
payment fee and acceleration at the mortgagee's option if Buyer
defaults; will give Buyer the right to prepay without penalty all or
part of the principal at any time(s) with interest only to date of
payment; will be due on conveyance or sale; will provide for release
of contiguous parcels, if applicable; and will require Buyer to keep
liability insurance on the Property, with Seller as additional named
insured.  Buyer authorizes Seller to obtain credit, employment and
other necessary information to determine creditworthiness for the
financing.  Seller will, within 10 days from Effective Date, give
Buyer written notice of whether or not Seller will make the loan.
(  )(3) Mortgage Assumption: Buyer will take title subject to and
assume and pay existing first mortgage to
____________________________________________________________________
LN# _____________ in the approximate amount of $________________
currently payable at $_______________ per month including principal,
interest, ( ) taxes and insurance and having a ( ) fixed ( ) other
(describe) ___________________________ _____________________________
interest rate of _______% which ( ) will ( ) will not escalate upon
assumption.  Any variance in the mortgage will be adjusted in the
balance due at closing with no adjustment to purchase price.  Buyer
will purchase Seller's escrow account dollar for dollar.  If the
lender disapproves Buyer, or the interest rate upon transfer exceeds
________%; or the assumption/transfer fee exceeds
$_______________________, either party may elect to pay the excess,
failing which this agreement will terminate and Buyer's deposit(s)
will be returned.

                               CLOSING

4. CLOSING DATE; OCCUPANCY: This Contract will be closed and the
deed and possession delivered on or before  September 01, 2001,
unless extended by other provisions of this Contract.  If on Closing
Date insurance underwriting is suspended, Buyer may postpone closing
up to 5 days.

5. CLOSING PROCEDURE; COSTS: If title insurance insures Buyer for
title defects arising between the title binder effective date and
recording of Buyer's deed, closing agent will disburse at closing
the net sale proceeds to Seller and brokerage fees to Broker as per
Paragraph 17.  In addition to other expenses provided in this
Contract, Seller and Buyer will pay the costs indicated below.
(a) Seller Costs: Seller will pay taxes on the deed and recording
fees for documents needed to cure title; certified, confirmed and
ratified special assessment liens; title evidence (if applicable
under Paragraph 8); Other:
____________________________________________________________________
(b) Buyer Costs: Buyer will pay taxes and recording fees on notes
and mortgages and recording fees on the deed and financing
statements; loan expenses; pending special assessment liens;
lender's title policy at the simultaneous issue rate; inspections;
survey and sketch; insurance; Other:
____________________________________________________________________
(c) Title Evidence and Insurance: Check (1) or (2):
(x)(1) Seller will provide a Paragraph 8(a)(1) owner's title
insurance commitment as title evidence. (x)Seller ( ) Buyer will
select the title agent. (x) Seller ( ) Buyer will pay for the
owner's title policy, search, examination and related charges.  Each
party will pay its own closing fees.
( ) (2) Seller will provide title evidence as specified in Paragraph
8(a)(2). ( ) Seller ( ) Buyer will pay for the owner's title policy
and select the title agent.  Seller will pay fees for title searches
prior to closing, including tax search and lien search fees, and
Buyer will pay fees for title searches after closing (if any), title
examination fees and closing fees.

(d) Prorations: The following items will be made current and
prorated as of the day before Closing Date: real estate taxes,
interest, bonds, assessments, leases and other Property expenses and
revenues. If taxes and assessments for the current year cannot be
determined, the previous year's rates will be used with adjustment
for any exemptions.

Vacant Land Contract - VAC-3, 4/98
(C)1998 Florida Association of REALTORS(R) All Rights Reserved
RealFA$T(R) Forms, Box 4700, Frisco, CO 80443,
Version 6.03, (c)RealFA$T(R), 2000; Reg#PFLFAR224911
Completed by - Reggie Caruthers, ALC, OXFORD LAND CO.
                                                         Page 2 of 7

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(e) Tax Withholding: Buyer and Seller will comply with the Foreign
Investment in Real Property Tax Act, which may require Seller to
provide additional cash at closing if Seller is a "foreign person"
as defined by federal law.

                          PROPERTY CONDITION

6. LAND USE: Seller will deliver the Property to Buyer at the time
agreed in its present "as is" condition, with conditions resulting
from Buyer's Inspections and casualty damage, if any, excepted.
Seller will maintain the landscaping and grounds in a comparable
condition and will not engage in or permit any activity that would
materially alter the Property's condition without the Buyer's prior
written consent.
(a) Flood Zone: Buyer is advised to verify by survey, with the
lender and with appropriate government agencies which flood zone the
Property is in, whether flood insurance is required and what
restrictions apply to improving the Property and rebuilding in the
event of casualty.
(b) Government Regulation: Buyer is advised that changes in
government regulations and levels of service which affect Buyer's
intended use of the Property will not be grounds for Canceling this
Contract if the Feasibility Study Period has expired or if Buyer has
checked choice (c)(2) below.
(c) Inspections: (check (1) or (2) below)
(x)(1) Feasibility Study: Buyer will, at Buyer's expense and within
245 days from Effective Date ("Feasibility Study Period"), determine
whether the Property is suitable, in Buyer's sole and absolute
discretion, for Developmental use.  During the Feasibility Study
Period, Buyer may conduct a Phase I environmental assessment and any
other tests, Analyses, surveys and investigations ("Inspections")
that Buyer deems necessary to determine to Buyer's satisfaction the
Property's engineering, architectural and environmental properties;
zoning and zoning restrictions; subdivision statutes; soil and
grade; availability of access to public roads, water, and other
utilities; consistency with local, state and regional growth
management plans; availability of permits, government approvals, and
licenses; and other Inspections that Buyer deems appropriate to
determine the Property's suitability for the Buyer's intended use.
If the Property must be rezoned, Buyer will obtain the rezoning from
the appropriate government agencies.  Seller will sign all documents
Buyer is required to file in connection with development or rezoning
approvals.

Seller gives Buyer, its agents, contractors and assigns, the right
to enter the Property at any time during the Feasibility Study
Period for the purpose of conducting Inspections; provided, however,
that Buyer, its agents, contractors and assigns enter the Property
and conduct Inspections at their own risk.  Buyer will indemnify and
hold Seller harmless from losses, damages, costs, claims and
expenses of any nature, including attorney's fees, expenses and
liability incurred in application for rezoning or related
proceedings, and from liability to any person, arising from the
conduct of any and all Inspections or any work authorized by Buyer.
Buyer will not engage in any activity that could result in a
construction lien being filed against the Property without Seller's
prior written consent.  If this transaction does not close, Buyer
will, at Buyer's expense, (1) repair all damages to the Property
resulting from the Inspections and return the Property to the
condition it was in prior to conduct of the Inspections, and (2)
release to Seller all reports and other work generated as a result
of the Inspections.

     Buyer will deliver written notice to Seller prior to the
expiration of the Feasibility Study Period of Buyer's determination
of whether or not the Property is acceptable.  Buyer's failure to
comply with this notice requirement will constitute acceptance of
the Property as suitable for Buyer's intended use in its "as is"
condition.  If the Property is unacceptable to Buyer and written
notice of this fact is timely delivered to Seller, this Contract
will be deemed terminated as of the day after the Feasibility Study
period ends and Buyer's deposit(s) will be returned after Escrow
Agent receives proper authorization from all interested parties.

( ) (2) No Feasibility Study: Buyer is satisfied that the Property
is suitable for Buyer's purposes, including being satisfied that
either public sewerage and water are available to the Property or
the Property will be approved for the installation of a well and/or
private sewerage disposal system and that existing zoning and other
pertinent regulations and restrictions, such as subdivision or deed
restrictions, concurrency, growth management and environmental
conditions, are acceptable to Buyer.  This Contract is not
contingent on Buyer conducting any further investigations.

7. RISK OF LOSS; EMINENT DOMAIN: If any portion of the Property is
materially damaged by casualty before closing, or Seller negotiates
with a governmental authority to transfer all or part of the
Property in lieu of eminent domain proceedings, or if an eminent
domain proceeding is initiated, Seller will promptly inform Buyer.
Either party may cancel this Contract by written notice to the other
within 10 days from Buyer's receipt of Seller's notification,
failing which Buyer will close in accordance with this Contract and
receive all payments made by the government authority or insurance
company, if any.

                                TITLE

8. TITLE: Seller will convey marketable title to the Property by
statutory warranty deed or trustee, personal representative or

Vacant Land Contract - VAC-3, 4/98
(C)1998 Florida Association of REALTORS(R) All Rights Reserved
RealFA$T(R) Forms, Box 4700, Frisco, CO 80443,
Version 6.03, (c)RealFA$T(R), 2000; Reg#PFLFAR224911
Completed by - Reggie Caruthers, ALC, OXFORD LAND CO.
                                                         Page 3 of 7

<PAGE>

guardian deed as appropriate to Seller's status.
(a) Title Evidence: Title evidence will show legal access to the
Property and marketable title of record in Seller in accordance with
current title standards adopted by the Florida Bar, subject only to
the following title exceptions, none of which prevent Buyer's
intended use of the Property as Developmental: covenants, easements
and restrictions of record; matters of plat; existing zoning and
government regulations; oil, gas and mineral rights of record if
there is no right of entry; current taxes; mortgages that Buyer will
assume; and encumbrances that mortgages that Seller will discharge
at or before closing.  Seller will, prior to closing, deliver to
Buyer Seller's choice of one of the following types of title
evidence, which must be generally accepted in the county where the
Property is located (specify in Paragraph 5(c) the selected type).
Seller will use option (1) in Palm Beach County and option
(2) in Dade County.
(1)  A title insurance commitment issued by a Florida-licensed title
insurer in the amount of the purchase price and subject only to
title exceptions set forth in this Contract.
(2)  An existing abstract of title from a reputable and existing
abstract firm (if firm is not existing, then abstract must be
certified as correct by an existing firm) purporting to be an
accurate synopsis of the instruments affecting title to the Property
recorded in the public records of the county where the Property is
located and certified to Effective Date.  However if such an
abstract is not available to Seller, then a prior owner's title
policy acceptable to the proposed insurer as a base for re-issuance
of coverage.  Seller will pay for copies of all policy exceptions
and an update in a format acceptable to Buyer's closing agent from
the policy effective date and certified to Buyer or Buyer's closing
agent, together with copies of all documents recited in the prior
policy and in the update.  If a prior policy is not available to
Seller then (1) above will be the title evidence.  Title evidence
will be delivered no later than 10 days before Closing Date.

(b) Title Examination: Buyer will examine the title evidence and
deliver written notice to Seller, within 5 days from receipt of
title evidence but no later than closing, of any defects that make
the title unmarketable.  Seller will have 30 days from receipt of
Buyer's notice of defects ("Curative Period") to cure the defects at
Seller's expense.  If Seller cures the defects within the Curative
Period, Seller will deliver written notice to Buyer and the parties
will close the transaction on Closing Date or within 10 days from
Buyer's receipt of Seller's notice if Closing Date has passed.  If
Seller is unable to cure the defects within the Curative Period,
Seller will deliver written notice to Buyer and Buyer will, within
10 days from receipt of Seller's notice, either cancel this Contract
or accept title with existing defects and close the transaction.

(c) Survey: Buyer may, prior to Closing Date and at Buyer's expense,
have the Property surveyed and deliver written notice to Seller,
within 5 days from receipt of survey but no later than closing, of
any encroachments on the Property, encroachments by the Property's
improvements on other lands or deed restriction o zoning violations.
Any such encroachment or violation will be treated in the same
manner as a title defect and Buyer's and Seller's obligations will
be determined in accordance with subparagraph (b) above.  If any
part of the Property lies seaward of the coastal construction
control line, Seller will provide Buyer with an affidavit or survey
as required by law delineating the line's location on the property,
unless Buyer waives this requirement in writing.

                            MISCELLANEOUS

9. EFFECTIVE DATE; TIME:  The "Effective Date" of this Contract is
the date on which the last of the parties initials or signs the
latest offer.  Time is of the essence for all provisions of this
Contract.  All time periods expressed as days will be computed in
business days (a "business day" is every calendar day except
Saturday, Sunday and national legal holidays).  If any deadline
falls on a Saturday, Sunday or national legal holiday, performance
will be due the next business day.  All time periods will end at
5:00 p.m. local time (meaning in the county where the Property is
located) of the appropriate day.

10. NOTICES: All notices will be made to the parties and Broker by
mail, personal delivery or electronic media.  Buyer's failure to
deliver timely written notice to Seller, when such notice is
required by this Contract, regarding any contingencies will render
that contingency null and void and the Contract will be construed as
if the contingency did not exist.

11. COMPLETE AGREEMENT: This Contract is the entire agreement
between Buyer and Seller.  Except for brokerage agreements, no prior
or present agreements will bind Buyer, Seller or Broker unless
incorporated into this Contract.  Modifications of this Contract
will not be binding unless in writing, signed and delivered by the
party to be bound. Signatures, initials, documents referenced in
this Contract, counterparts and written modifications communicated
electronically or on paper will be acceptable for all purposes,
including delivery, and will be binding.  Handwritten or typewritten
terms inserted in or attached to this Contract prevail over
preprinted terms.  If any provision of this Contract is or becomes
invalid or unenforceable, all remaining provisions will continue to
be fully effective.  This Contract will not be recorded in any
public records.

12. INTENTIONALLY OMITTED

                    DEFAULT AND DISPUTE RESOLUTION

Vacant Land Contract - VAC-3, 4/98
(C)1998 Florida Association of REALTORS(R) All Rights Reserved
RealFA$T(R) Forms, Box 4700, Frisco, CO 80443,
Version 6.03, (c)RealFA$T(R), 2000; Reg#PFLFAR224911
Completed by - Reggie Caruthers, ALC, OXFORD LAND CO.
                                                         Page 4 of 7

<PAGE>

13. DEFAULT: (a) Seller Default: If for any reason other than
failure of Seller to make Seller's title marketable after diligent
effort, Seller fails,  refuses or neglects to perform  this
Contract, Buyer may choose to receive a return of Buyer's deposit
without having the right to seek damages or to seek specific
performance as per Paragraph 16.  Seller will also be liable to
Broker for the full amount of the brokerage fee. (b) Buyer Default:
If Buyer fails to perform this Contract within the time specified,
including timely payment of all deposits, Seller may choose to
retain and collect all deposits paid and agreed to be paid as
liquidated damages or to seek specific performance as per Paragraph
16; and Broker will, upon demand, receive 50% of all deposits paid
and agreed to be paid (to be split equally among cooperating
brokers) up to the full amount of the brokerage fee.

14. DISPUTE RESOLUTION: This Contract will be construed under
Florida law.  All controversies, claims, and other matters in
question between the parties arising out of or relating to this
Contract or its breach will be settled as follows:

(a) Disputes concerning entitlement to deposits made and agreed to
be made: Buyer and Seller will have 30 days from the date
conflicting demands are made to attempt to resolve the dispute
through mediation.  If that fails, Escrow Agent will submit the
dispute, if so required by Florida law, to Escrow Agent's choice of
arbitration, a Florida court or the Florida Real Estate Commission.
Buyer and Seller will be bound by any resulting settlement or order.

(b) All other disputes: Buyer and Seller will have 30 days from the
date a dispute arises between them to attempt to resolve the matter
through mediation, failing which the parties will resolve the
dispute through neutral binding arbitration in the county where the
Property is located.  The arbitrator may not after the Contract
terms or award any remedy not provided for in this Contract.  The
award will be based on the greater weight of the evidence and will
state findings of fact and the contractual authority on which it is
based.  If the parties agree to use discovery, it will be in
accordance with the Florida Rules of Civil Procedure and the
arbitrator will resolve all discovery-related disputes.  Any
disputes with a real estate licensee named in Paragraph 17 will be
submitted to arbitration only if the licensee's broker consents in
writing to become a party to the proceeding.  This clause will
survive closing.

(c) Mediation and Arbitration; Expenses: "Mediation" is a process in
which parties attempt to resolve a dispute by submitting it to an
impartial mediator who facilitates the resolution of the dispute but
who is not empowered to impose a settlement on the parties.
Mediation will be in accordance with the rules of the American
Mediation Association or other mediator agreed on by the parties.
The parties will equally divide the mediation fee, if any.
"Arbitration" is a process in which the parties resolve a dispute by
a hearing before a neutral person who decides the matter and whose
decision is binding on the parties.  Arbitration will be in
accordance with the rules of the American Arbitration Association or
other arbitrator agreed on by the parties.  Each party to any
arbitration will pay its own fees, costs and expenses, including
attorneys' fees, and will equally split the arbitrators' fees and
administrative fees of arbitration.  In a civil action to enforce an
arbitration award, the prevailing party to the arbitration shall be
entitled to recover from the non prevailing party reasonable
attorneys' fees, costs and expenses.

                       ESCROW AGENT AND BROKER

15. ESCROW AGENT: Buyer and Seller authorize Escrow Agent to
receive, deposit and hold funds and other items in escrow and,
subject to clearance, disburse them upon proper authorization and in
accordance with the terms of this Contract, including disbursing
brokerage fees.  The parties agree that Escrow Agent will not be
liable to any person for misdelivery of escrowed items to Buyer or
Seller, unless the misdelivery is due to Escrow Agent's willful
breach of this Contract or gross negligence.  If Escrow Agent
interpleads the subject matter of the escrow, Escrow Agent will pay
the filing fees and costs from the deposit and will recover
reasonable attorneys' fees and costs to be paid from the escrowed
funds or equivalent and charged and awarded as court costs in favor
of the prevailing party.  All claims against Escrow Agent will be
arbitrated, so long as Escrow Agent consents to arbitrate.

16. PROFESSIONAL ADVICE; BROKER LIABILITY: Broker advises Buyer and
Seller to verify all facts and representations that are important to
them and to consult an appropriate professional for legal advice
(for example, interpreting contracts, determining the effect of laws
on the Property and transaction, status of title, foreign investor
reporting requirements, etc.) and for tax, property condition,
environmental and other specialized advice. Buyer acknowledges that
Broker does not reside in the Property and that all representations
(oral, written or otherwise) by Broker are based on Seller
representations or public records unless Broker indicates personal
verification of the representation. Buyer agrees to rely solely on
Seller, professional inspectors and governmental agencies for
verification of the Property condition and facts that materially
affect Property value. Buyer and Seller respectively will pay all
costs and expenses, including reasonable attorneys' fees at all
levels, incurred by Broker and Broker's officers, directors, agents
and employees in connection with or arising from Buyer's or Seller's
 misstatement or failure to perform contractual obligations. Buyer
and Seller hold harmless and release Broker and Broker's officers,
directors, agents and employees from all liability for loss or
damage based on  (1) Buyer's or Seller's misstatement or failure to
perform contractual obligations;  (2) Broker's performance, at
Buyer's and/or Seller's request, of any task beyond the scope of
services regulated by Chapter 475, F.S., as amended, including
Broker's referral, recommendation or retention of any vendor, (3)
products or services provided by any vendor; and (4) expenses
incurred by any vendor. Buyer and Seller each assume full
responsibility for selecting and compensating their respective
vendors. This paragraph will not relieve Broker of statutory
obligations. For purposes of this paragraph, Broker will be treated
as a party to this Contract. This paragraph will

Vacant Land Contract - VAC-3, 4/98
(C)1998 Florida Association of REALTORS(R) All Rights Reserved
RealFA$T(R) Forms, Box 4700, Frisco, CO 80443,
Version 6.03, (c)RealFA$T(R), 2000; Reg#PFLFAR224911
Completed by - Reggie Caruthers, ALC, OXFORD LAND CO.
                                                         Page 5 of 7

<PAGE>

survive closing.

17. BROKERS: The licensee(s) and brokerage(s) named below are
collectively referred to as "Broker."  Seller and Buyer acknowledge
that the brokerage(s) named below are the procuring cause of this
transaction.  Instruction to Closing Agent: Seller and Buyer direct
closing agent to disburse at closing the full amount of the
brokerage fees as specified in separate brokerage agreements with
the parties and cooperative agreements between the brokers, unless
Broker has retained such fees from the escrowed funds.  In the
absence of such brokerage agreements, closing agent will disburse
brokerage fees as indicated below.


                                   Oxford Land Company
-----------------------------      -----------------------------
Real Estate Licensee               Real Estate Licensee

-----------------------------      -----------------------------
Broker/Brokerage fee:              Broker/Brokerage fee: 5%

                           ADDITIONAL TERMS

18. ADDITIONAL TERMS:

(a) In reference to section 3(a), buyer will entertain several
different avenues of financing or payment, if this is the wish of
the seller.

(b) Buyer has been informed that this transaction may be part of a
1031(like-kind) exchange, either partially or as a whole.

(c) Seller is informed that this contract is contingent on Buyer
acquiring the 2,300 acres to the east of his property owned by
Bigham Hide Inc.

This is intended to be a legally binding contract. If not fully
understood, seek the advice of an attorney prior to signing.

                         OFFER AND ACCEPTANCE

(Check if applicable: ( ) Buyer received a written real property
disclosure statement from Seller before making this Offer.)  Buyer
offers to purchase the Property on the above terms and conditions.
Unless this Contract is signed by Seller and a copy delivered to
Buyer no later than ____________ ( ) a.m. ( ) p.m. on ____________,
this offer will be revoked and Buyer's deposit refunded subject to
clearance of funds.

                                  SOLOMAN LAM and/or Assignee
                                  11863 Wimbledon-Circle,
                                  Wellington, Fl. 33414
                                  Bus.#: 561-333-9590

DATE ______________               BUYER ______________________
                                  By:  Soloman Lam


                                  BIGHAM FARMS INC.
                                  3961 East CR 468
                                  Wildwood, Fl. 34785
                                  Home #: 748-4465
                                  Bus.#: 793-0737

DATE ______________               SELLER _____________________
                                  By:  William J. Bigham

( ) Seller counter Buyer's offer (to accept the counter offer, Buyer
must sign or initial the counter offered terms and deliver a copy of
the acceptance to Seller by 5:00 p.m. on _________________).
( ) Seller rejects Buyer's offer.

--------------------------------------------------------------------
Effective Date:  ________________ (the date on which the party
signed or initialed acceptance of the final offer).

Vacant Land Contract - VAC-3, 4/98
(C)1998 Florida Association of REALTORS(R) All Rights Reserved
RealFA$T(R) Forms, Box 4700, Frisco, CO 80443,
Version 6.03, (c)RealFA$T(R), 2000; Reg#PFLFAR224911
Completed by - Reggie Caruthers, ALC, OXFORD LAND CO.
                                                         Page 6 of 7

<PAGE>

The Florida Association of REALTORS and local Board/Association of
REALTORS make no representation as to the legal validity or adequacy
of any provision of this form in any specific transaction.  This
form is available for use by the entire real estate industry and is
not intended to identify the user as a REALTOR.  REALTOR is a
registered collective membership mark that may be used only by real
estate licensees who are members of the National Association of
REALTORS and who subscribe to its Code of Ethics.

The copyright laws of the United States (17 U.S. Code) forbid the
unauthorized reproduction of blank forms by any means including
facsimile or computerized forms.

Vacant Land Contract - VAC-3, 4/98
(C)1998 Florida Association of REALTORS(R) All Rights Reserved
RealFA$T(R) Forms, Box 4700, Frisco, CO 80443,
Version 6.03, (c)RealFA$T(R), 2000; Reg#PFLFAR224911
Completed by - Reggie Caruthers, ALC, OXFORD LAND CO.
                                                         Page 7 of 7

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              ADDENDUM TO CONTRACT FOR SALE AND PURCHASE

In reference to Contract dated ___________________________ between
BIGHAM FARMS INC., a Florida corporation, ("SELLER") and SOLOMAN
LAM, ("BUYER"), it is further AGREED as FOLLOWS:

1.   All land to be acquired for the widening of County Road 468 or
for any interchange to be constructed for the Florida Turnpike is
specifically excluded from this Contract and Seller shall have the
sole right and authority to sell or donate said land to the
appropriate government entity should that become necessary during
the contract period.  In that event, all monies from any sale shall
be the sole property of Seller and the legal description and
purchase price shall be revised to reflect the deletion of the land
sold or donated.

2.   Any and all deposits received under paragraph 2 shall be
non-refundable to the purchaser, but shall be applied to the
purchase price at closing.  Should the Contract not close for any
reason, including all contingencies, other then the default of
Seller, all such monies deposited shall become the sole and absolute
property of the Seller as and for liquidated damages for removing
the property from the market for the contract period.  This Contract
is subject to a feasibility study for a period of 245 days from the
effective date.  That feasibility study is outlined in paragraph
6(c), but it is hereby acknowledged by both the Buyer and Seller
that this Contract is not contingent upon the Buyer receiving any
permits, development of regional impact

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approval, comprehensive plan amendment approval, Southwest Florida
Water Management approval, Department of Environmental approval or
any other approvals.  The only contingency shall be obtaining
rezoning of the property within to feasibility study period.

3.   The closing date for this Contract shall be on or before
September 1, 2001.  That closing date shall not be affected by the
feasibility study or any other contingencies to this Contract.  If
any contingencies are not met by September 1, 2001, this Contract
shall then become null and void at the option of either party.

4.   Seller is contemplating the sale of this property as an
Internal Revenue Code Section 1031 Exchange with Seller locating
"replacement property " under such code.  Buyer agrees to cooperate
with Seller to effectuate the acquisition of replacement property,
with all additional costs attributable to the tax deferred exchange
to be the responsibility of the Seller.  Buyer understands that the
Internal Revenue Service imposes strict time limitations on tax
deferred exchanges and therefore agrees that time shall be of the
essence of this agreement and any contract entered into subsequently
by the parties.  Buyer further understands that to carry out the
intent of the Seller regarding a tax deferred exchange, certain
rights and obligations of the Seller may be assigned to a Qualified
Intermediary and Buyer agrees to cooperate in such assignment at no
expense to Buyer.  In the event Seller

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cannot find suitable property by the end of the feasibility study
period, then Seller shall have the option of canceling this
Contract.

This addendum, upon its execution by both parties, is herewith made
an integral part of the aforementioned Contract.

                                   Bigham Farms Inc.


/s/ Soloman Lam                    By: /s/ William J. Bigham
-----------------------------      -----------------------------
SOLOMAN LAM, BUYER                 WILLIAM J. BIGHAM, SELLER
(Date) ______________________      (Date) ______________________
Social Security No. _________      Tax I.D. No. ________________