Document:

THIS
CONVERTIBLE PROMISSORY NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND IS NOT TRANSFERABLE EXCEPT
UPON THE CONDITIONS SPECIFIED IN THE EXCHANGE AGREEMENT, AS THAT TERM IS DEFINED HEREIN.

CONVERTIBLE PROMISSORY NOTE

US$66,944.04Reddick, Florida

May 1, 2014

FOR VALUE RECEIVED, METROSPACES,
INC., a Delaware corporation (the “Maker”), hereby promises to pay to the order of Richard S. Astrom
(the “Payee”), on the Maturity Date (as that term is hereinafter defined) at 11415 NW 123rd Lane, Reddick,
FL 32686, in accordance with the terms herein set forth, the principal amount of SIXTY-SIX THOUSAND NINE HUNDRED FORTY-FOUR
AND 04/100 DOLLARS US$66,944.04, together with accrued and unpaid interest thereon. As used herein, the term “Maturity
Date” shall mean the date which is one (1) year after the date hereof.

1.     
Interest. This Convertible Promissory Note shall bear interest at the rate of thirty-three hundredths of one percent
(0.33%) per annum unless and until the occurrence of an Event of Default (as defined below) occurs. After an Event of default,
this Convertible Promissory Note shall bear interest at a floating rate of interest which shall be ten (10) percentage points
over the rate of interest announced from time to time by Citibank, N.A. as the rate of interest that it charges to its most creditworthy
commercial customers. Interest shall be computed on the basis of a 360-day year of twelve 30-day months and shall accrue and be
payable on the Maturity Date. Interest shall be compounded annually after an Event of Default, but shall not be compounded prior
thereto.

2.     
Maturity. The full principal amount of this Convertible Promissory Note, together with accrued interest thereon,
shall be due on the Maturity Date.

3.     
Payment. Payment under this Convertible Promissory Note shall be in lawful money of the United States and in immediately
available funds in accordance with the written instructions of Payee. In the absence of such instructions, Maker shall make the
payment by check timely delivered to Payee at its address set forth above.

4.     
Prepayment. This principal amount of this Convertible Promissory Note and any accrued and unpaid interest thereon
may be prepaid, in whole or in part, at upon ten (10) days’ notice by Maker without penalty or premium, subject to the provisions
of the Exchange Agreement, as that term is hereinafter defined. Partial prepayments shall be applied first to accrued and unpaid
interest and then to principal.

5.     
Exchange Agreement. THIS CONVERTIBLE PROMISSORY NOTE IS AUTHORIZED AND ISSUED BY MAKER PURSUANT TO THE PROVISIONS
OF THAT CERTAIN PROMISSORY NOTE EXCHANGE AGREEMENT, DATED AS OF MAY 1, 2014, BY AND BETWEEN THE MAKER AND THE PAYEE (THE “EXCHANGE
AGREEMENT”) AND IS SUBJECT TO THE PROVISIONS THEREOF. THE HOLDER AND THE MAKER ARE ENTITLED TO THE RIGHTS AND BOUND BY THE
OBLIGATIONS SET FORTH THEREIN AND ARE ENTITLED THE BENEFITS ENUMERATED THEREIN, INCLUDING, WITHOUT LIMITATION, THE PROVISIONS
THEREOF RELATING TO CONVERSION, NOTICE AND JURISDICTION. 

This Convertible Promissory
Note is convertible into shares of Common Stock, as that term is defined in the Exchange Agreement, at the Conversion Price set
forth in the Exchange Agreement and upon the terms and conditions, including without limitation, the anti-dilution provisions,
set forth in the Exchange Agreement.

No reference herein
to the Exchange Agreement and no provision hereof or thereof shall alter or impair the obligation of the Company, which is absolute
and unconditional, to pay the principal hereof and interest hereon at the Maturity Date.

6.     
Waiver of Demand, Etc. Payee waives demand, presentment, protest and notice of any kind and consents to the extension
of time for payments or other indulgence with respect to this Convertible Promissory Note, all without notice.

    	 	

	 

    	 

    

7.     
Remedies. If an Event of Default occurs and is continuing, Payee may, by written notice given to Maker, declare
the principal of and accrued interest on this Convertible Promissory Note to be due and payable immediately; provided, however,
that upon the occurrence of any Event of Default described in Section 8(c), the principal of and accrued interest on this
Convertible Promissory Note shall automatically become due and payable immediately without the requirement notice or any other
action on the part of Payee.

8.     
Events of Default. The term “Event of Default” means the occurrence of any one or more
of the following events:

(a)        Maker
shall fail to make full payment of principal or interest on the Maturity Date, and such failure shall continue unremedied for
a period of five (5) days after written notice from Payee;

(b)        Maker
shall default in compliance with any of its obligations (i) under this Convertible Promissory Note, other than its obligations
(A) to pay the principal amount of and the interest accrued on this Convertible Promissory Note on the Maturity Date or (B) to
comply with its covenants set forth in Section 4 of the Exchange Agreement, and such default shall continue for a period of fifteen
(15) days after written notice from Payee, provided, however, that in the event that such default cannot with diligence
be cured within said period, Payee shall have such period as is reasonable to cure such default;

(c)        Maker
or any Subsidiary: (i) shall commence a voluntary case under any Bankruptcy Law (as hereinafter defined); (ii) shall become
subject to an involuntary case under any Bankruptcy Law which is not withdrawn, discharged or stayed within sixty (60) days after
the commencement thereof; (iii) shall consent to the appointment of a Custodian (as hereinafter defined) for a substantial portion
of its property; (iv) shall become subject to the appointment of a Custodian for a substantial portion of its property, which
appointment is not withdrawn, discharged or stayed within sixty (60) days after the appointment thereof; or (v) makes a general
assignment for the benefit of its creditors; or

(d)        Maker
shall default in compliance with any of its covenants set forth in Section 4 of the Exchange Agreement.

The term “Bankruptcy Law”
means Title 7, Title 11 or Title 13 of the United States Code or any similar federal or state law for the relief of debtors and
the term “Custodian” means any receiver, trustee, assignee, liquidator or similar official acting, appointed or empowered
under any Bankruptcy Law.

9.     
Usury. In no event whatsoever shall the amount of interest paid or agreed to be paid to Payee exceed the maximum
amount permissible under applicable law. If Payee shall receive as interest an amount which would exceed the highest lawful rate,
the amount which would be excessive interest shall be applied to the reduction of the principal amount outstanding under this
Convertible Promissory Note (without prepayment premium or penalty and without the requirement of notice of prepayment).

10.  Section
Titles. The section titles in this Convertible Promissory Note have been inserted for reference only and shall not be
deemed to be part hereof.

IN WITNESS WHEREOF, Maker has
executed this Convertible Promissory Note as of the date first above written.

METROSPACES,
INC.

By:
______________________

Oscar
Brito

President

    	 	
1Exhibit 10.7 

AGREEMENT OF AMENDMENT AND RESCISSION

THIS AGREEMENT, dated as of July
11, 2014, by and among METROSPACES, INC., a Delaware corporation (“MSPC”), RICHARD S. ASTROM (“Astrom”)
and DIXIE ASSETS MANAGEMENT, INC. (“Dixie”),

WITNESSETH:

WHEREAS, MSPC and Astrom entered
into a Convertible Promissory Note Exchange Agreement, dated as of May 1, 2014 (the “Exchange Agreement”),
pursuant to which MSPC made and delivered to Astrom the New Convertible Note, as that term is defined therein; and

WHEREAS, the Exchange Agreement
provided, among other things, that the price for the conversion of the principal amount of the New Convertible Note and interest
accrued thereon into shares of common stock, par value $0.000001 per share, of MSPC (“Common Stock”)
was the par value thereof (the “Conversion Price”); and

WHEREAS, on May 20, 2014, Astrom
assigned his full right, title and interest in $280.00 of the principal amount of the New Convertible Note to Dixie (the “Assignment”);
and

WHEREAS, on May 20, 2014, Dixie
delivered to MSPC a Notice of Election to Convert, dated May 20, 2014 (the “Notice”), whereunder Dixie
gave notice of its election to convert said $280.00 principal amount into 280,000,000 shares of Common Stock (the “Conversion”);
and

WHEREAS, pursuant to the notice,
MSPC caused its transfer agent, Pacific Stock Transfer (“Pacific”) to issue to Dixie stock certificates
No. 2529 and 2530, each representing 140,000,000 shares of Common Stock (the “Certificates”); and

WHEREAS, the parties have determined
that (i) the conversion of said $280.00 principal amount into 280,000,000 shares of Common Stock at the Conversion Price should
be rescinded and (ii) the Conversion Price was improvidently determined and the Exchange Agreement should be amended to provide
for a different price for the conversion of the principal amount of the New Convertible Note and interest accrued thereon into
shares of Common Stock,

NOW, THEREFORE, the parties agree as follows:

1.       Rescission.
Dixie and MSPC agree that the Conversion shall be and by virtue of this Agreement is rescinded. In connection with such rescission,
(i) Dixie shall deliver the Certificates to Pacific for cancellation, (ii) MSPC shall deliver a copy of this Agreement to Pacific,
together with instructions to cancel the Certificates and return the shares formerly represented thereby to the status of authorized
and unissued shares, (iii) the principal amount of the New Convertible amount shall be increased by $280.00, being the amount
thereof that was converted into Common Stock in the Conversion and (iv) the parties shall be restored in all respects to their
respective positions immediately prior to the execution and delivery of the Assignment. In furtherance of clause (iii) of the
previous sentence, Astrom and Dixie hereby rescind the Assignment, it being understood that all rights to the $280.00 specified
in said clause are held by Astrom.

2.       Amendment
of Exchange Agreement.

(a)   
Amendment of Section 5(c). MSPC hereby amend Section 5(c) of the Exchange Agreement to read as follows:

(c)       Conversion
Price. The Conversion Price for the Convertible Note shall be two and one-half percent (2.5%) of the Current Market Price,
provided that the Conversion Price shall not be less than the par value of one share of Common Stock. As used in
the previous sentence, the term “Current Market Price” shall mean the average of the daily closing price
for a share of Common Stock for the three (3) consecutive trading days ending on the trading day immediately prior to the day
on which the Convertible Note is delivered for conversion pursuant to Subsection (a) of this Section 5. A trading day shall be
any day on which the Common Stock is able to be traded on an organized securities market or trading system in the United States
of America, whether or not the Common Stock actually is traded on such day. The closing price for each day shall be the last reported
sales price, or, in case no reported sale takes place on such day, the average of the closing bid and asked prices, regular way,
in either case, as quoted on the principal United States market for the Common Stock, as determined by the Board of Directors
of the Corporation or if, in the judgment of the Board of Directors of the Corporation, there exists no principal United States
market for the Common Stock, then as determined by the Board of Directors of the Corporation.

    	 	

	 

    	 

    

(b)  
Elimination of Section 5(d). Section 5(d) of the Exchange Agreement is hereby eliminated therefrom and no provisions
of the Exchange Agreement or the New Convertible Note relating to adjustment of the Conversion Price shall be given effect.

(c)   
General Provisions. 

(i)       
Modification; Full Force and Effect. Except as expressly modified and superseded by this instrument, the terms,
representations, warranties, covenants and other provisions of the Exchange Agreement and the New Convertible Note are and shall
continue to be in full force and effect in accordance with their respective terms.

(ii)     
References to the Exchange Agreement. After the date hereof, all references herein and in the New Convertible Note
to “this Agreement,” “the transactions contemplated by this Agreement,” “the Exchange Agreement”
and phrases of similar import, shall refer to the Exchange Agreement as amended by this instrument (it being understood that all
references herein to “the date hereof” or “the date of this Agreement” shall continue to refer to May
1, 2014).

(iii)   
Defined Terms. Terms used herein that are defined in the Merger Agreement, as it existed prior to the execution
and delivery of this instrument, shall have the same meaning as ascribed to them therein.

IN WITNESS WHEREOF, the parties
have executed this Agreement on the date first above written.

	METROSPACES,
    INC.	 	DIXIE
    ASSETS MANAGEMENT, INC.
	By:
    /s/ Oscar Brito     	 	By:
    /s/     Richard S. Astrom
	Oscar
    Brito		Richard
    S. Astrom	 
	President	 	President	 	 
	/s/
    Richard S. Astrom       	 	 	 	 
	Richard
    S. Astrom

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00268-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00268-of-00352.parquet"}]]