Document:

EXHIBIT 10.26

                     CONVERTIBLE NOTE ACQUISITION AGREEMENT

Section 1.  Parties

1.1  This  Agreement  is made and entered  into the 31st day of August 2000 (the
     "Effective  Date"),  by and between  Cuidao Holding  Corp.(hereinafter  the
     "Seller"),  and WM  Properties  of South  Florida,  Inc.(  hereinafter  the
     "Buyer").

Section 2.  Definition and Accounting Terms

2.1.    Definitions.  As used in this Agreement:

     (a)  "Act" means the Securities Act of 1933, as amended.

     (b)  "Affiliate" means any Person (i) that directly or indirectly controls,
          or is controlled by, or is under common control with the Borrower or a
          Subsidiary;  or (ii) that directly or indirectly  beneficially owns or
          holds five  percent  (5%) or more of any class of voting  stock of the
          Borrower or any Subsidiary;  or (iii) five percent (5%) or more of the
          voting stock of which is directly or indirectly  beneficially owned or
          held by the Borrower or a Subsidiary.

     (c)  "Agreement"  means  this  Stock  Acquisition  Agreement,  as  amended,
          supplemented or modified from time to time.

     (d)  "Buyer"  means WM  Properties  of South  Florida,  Inc., a corporation
          formed under the laws of the State of Florida..

     (e)  "Business  Day" means any day other than a  Saturday,  Sunday or other
          day on which  commercial  banks in New York are authorized or required
          to close under the laws of the State of New York.

     (f)  "Capital  Lease"  means  all  leases  that  have  been  or  should  be
          capitalized on the books of the lessee in accordance with GAAP.

     (g)  "Closing  Date" means August 31, 2000, or such other date as the Buyer
          and Seller may agree in writing to be the Closing Date.

     (h)  Code" means the US Internal Revenue Code of 1986, as amended from time
          to time, and the regulations and published interpretations thereof.

     (i)  "Collateral" means 2951 / 2953 Simms Street, Hollywood,  Florida 33020
          that is  subject  to the Lien  granted by the  Mortgage  and  Security
          Agreement and such other collateral as defined in such agreement;

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     (j)  "Common Stock" means the Seller's common stock, US$.0001 par value.

     (k)  "Commonly   Controlled  Entity"  means  an  entity,   whether  or  not
          incorporated, that is under common control with the Seller, within the
          meaning of Section 414(b) or 414(c) of the Code.

     (l)  "Control" (whether or not capitalized) means the possession,  directly
          or  indirectly,  of the power to direct or cause the  direction of the
          management and policies of a Person,  whether through the ownership of
          voting securities, by contract, or otherwise.

     (m)  "Convertible  Note Acquisition  Documents"  means this Agreement,  the
          Mortgage Note, and Mortgage and Security Agreement.

     (n)  "Debt" means (i)  indebtedness or liability for borrowed  money;  (ii)
          obligations  evidenced by bonds,  debentures,  notes or other  similar
          instruments;  (iii)  obligations  for the deferred  purchase  price of
          property or services (including trade  obligations);  (iv) obligations
          under Capital Leases;  (v) obligations  under letters of credit;  (vi)
          obligations  under  acceptance   facilities;   (vii)  all  guaranties,
          endorsements  (other than for  collection  or deposit in the  ordinary
          course of business),  and other contingent obligations to purchase, to
          provide funds for payment,  to supply funds to invest in any Person or
          entity, or otherwise to assure a creditor against loss; and (viii) all
          obligations secured by any Liens,  whether or not the obligations have
          been assumed.

     (o)  "Default" means any of the events  specified in paragraph 9.1, whether
          or not any requirement for the giving of notice, the lapse of time, or
          both, or any other condition has been satisfied.

     (p)  "ERISA" means the Employee  Retirement Income Security Act of 1974, as
          amended  from  time  to  time,  and  the   regulations  and  published
          interpretations thereof.

     (q)  "Event of Default" means any of the events  specified in Section 9.01,
          provided that any requirement  for the giving of notice,  the lapse of
          time, or both, or any other condition, has been satisfied.

     (r)  "Exchange Act" means the Securities Exchange Act of 1934, as amended.

     (s)  "GAAP" means generally accepted accounting principles in the U.S.

     (t)  "Lien" means any mortgage,  deed of trust, pledge,  security interest,
          hypothecation,  assignment,  deposit  arrangement,  encumbrance,  lien
          (statutory  or other),  or  preference,  priority,  or other  security
          agreement or  preferential  arrangement,  charge or encumbrance of any
          kind  or  nature   whatsoever   (including   without   limitation  any
          conditional  sale or other title  retention  agreement,  any financing
          lease  having  substantially  the same  economic  effect as any of the
          foregoing,  and the  filing  of any  financing  statement,  charge  or
          similar  notice under the law of any  jurisdiction  to evidence any of
          the foregoing.

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     (u)  "Mortgage Note" shall be Convertible  Mortgage Note  substantially  in
          the form of Exhibit A to be  delivered to the Buyer under the terms of
          this  Agreement  and more fully  described  in  paragraph  3.3 of this
          Agreement.

     (v)  "Mortgage and Security  Agreement"  means a  conditional  Mortgage and
          Security  Agreement  in  substantially  the  form of  Exhibit  B to be
          delivered by the Seller under the terms of this Agreement.

     (w)  Multiemployer  Plan" means a Plan  described in Section  4001(a)(3) of
          ERISA.

     (x)  "PBGC" means the Pension  Benefit  Guaranty  Corporation or any entity
          succeeding to any or all of its functions under ERISA.

     (y)"Person" means an individual, partnership,  corporation, business trust,
          joint stock company, trust, unincorporated association, joint venture,
          governmental authority, or other entity of whatever nature.

     (z)  "Plan"  means any  pension  plan which is covered by Title IV of ERISA
          and in respect of which the Seller or a Commonly  Controlled Entity is
          an "employer" as defined in Section 3(5) of ERISA.

     (aa) "Prohibited  Transaction"  means any  transaction set forth in Section
          406 of ERISA or Section 4975 of the Code.

     (bb) "Release"  means  a  Release  and  Satisfaction  of the  Mortgage  and
          Security  Agreement  in  substantially  the  form of  Exhibit  C to be
          delivered  by the Buyer to  Mintmire  &  Associates  to hold in escrow
          under the terms of this Agreement.

     (cc) "Reportable  Event"  means any of the events set forth in Section 4043
          of ERISA.

     (dd) "SEC"  means the  Securities  and  Exchange  Commission  of the United
          States of America.

     (ee) "Seller" means Cuidao  Holding  Corp., a corporation  formed under the
          laws of the State of Florida.

     (ff) "Subsidiary"  means a  corporation  of which  shares  of stock  having
          ordinary  voting  power  (other  than stock  having such power only by
          reason of the happening of a  contingency)  to elect a majority of the
          board of directors or other  managers of that  corporation  are at the
          time  owned,  or the  management  of  which is  otherwise  controlled,
          directly or indirectly through one or more intermediaries, or both, by
          the Seller.

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2.2. Singular and Plural Terms. As used in this Agreement,  terms defined in the
singular have the same meaning when used in the plural, and terms defined in the
plural have the same meaning when used in the singular.

2.3.  Accounting  Terms. All accounting  terms not specifically  defined in this
Agreement  shall be  construed  in  accordance  with GAAP.  All  financial  data
submitted pursuant to this Agreement shall be prepared in accordance with GAAP.

Section 3.  Amount and Terms of the Convertible Note Acquisition Agreement

3.1. Convertible Note Acquisition.  The Buyer agrees on the terms and conditions
set forth in this Agreement to acquire, in exchange for $179,506.75 in cash (the
"Purchase  Price"),  a  convertible  note in the  principal  amount of  $255,000
convertible  into a total of 102,000 shares of the Company's  Restricted  Common
Stock.  The  Purchase  Price  shall be used  solely to cure the  default  on the
Company's Second Mortgage payable to Sebasitiano and Nunzia Salemi,  recorded on
2951 Simms  Street real  estate  located in  Hollywood,  Florida,  and  recorded
February 4, 1999,  in Official  Record Book 29206,  at Page 1366,  of the Public
Records of Broward County, Florida (the "Property").

3.2.  Price  Guarantee.  The Seller  agrees that for a period of twenty one (21)
months from the Closing  Date,  to  guarantee to the Buyer that its Common Stock
shall  not fall  below a closing  bid  price of $2.50  per share  such that when
certain  incremental  allocations  of such shares are sold by Buyer  pursuant to
Rule  144  promulgated  under  the Act  ("Rule  144")  or such  allocations  are
calculated as provided herein that in the aggregate the value of the shares into
which the  Mortgage  Note is  convertible  shall have a value of  $255,000  (the
"Price  Guarantee").  To secure such Price  Guarantee,  Seller grants to Buyer a
mortgage upon the Property  convertible  into shares,  which  mortgage  shall be
evidenced  by the  Mortgage  Note  and  secured  by the  Mortgage  and  Security
Agreement,  both of which are more fully defined herein (collectively the "Price
Guarantee Collateral").

3.3.  Mortgage  Note.  The Seller's  Price  Guarantee  shall be evidenced by its
Mortgage Note in substantially  the form of Exhibit A attached to this Agreement
in the principal amount of $255,000.  The Mortgage Note shall be dated as of the
Closing  Date and shall be due and  payable  twenty  four (24)  months  from its
issuance.  Commencing on September 1, 2001 and continuing for the next eight (8)
successive months,  Buyer shall be required each such month to convert a portion
of the Mortgage  Note into shares of the Seller's  Common  Stock,  the mandatory
conversion dates and number of shares to be issued on each mandatory  conversion
date are set forth in  Schedule I attached  hereto (the  "Monthly  Allocation").
Commencing on September  30, 2001 and  continuing on the last day of each of the
next eight (8)  successive  months,  the  principal  amount of the Mortgage Note
shall be reduced by the  greater of (i) the actual  gross  proceeds  received by
Buyer for sale of the  Monthly  Allocation  and any  previously  issued  Monthly
Allocation  shares not sold during the  applicable  month during the  applicable
month made in accordance with Rule 144, or (ii) the average of the closing price
for the Seller's  Common Stock from the 1st day of the  applicable  month to the
next to last day of the applicable month as quoted

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on the OTC BB times the Monthly  Allocation  (the greater of  subsection  (i) or
(ii) hereinafter referred to as the "Incremental Mortgage Reduction Amount"). In
the event that  Incremental  Mortgage  Reduction Amount is less than the Monthly
Allocation  times  $2.50 per share  during the  applicable  month  (the  "Target
Reduction  Amount"),  the difference between the Target Reduction Amount and the
Incremental  Mortgage  Reduction Amount realized shall bear interest at the rate
of 11.11% per annum until  paid.  To assist  Seller in making this  calculation,
Buyer agrees to provide  evidence of all sales made in the  applicable  month to
Seller  by the  tenth  (10th)  day  of the  succeeding  month.  Each  successive
Incremental  Mortgage  Reduction  Amount  shall be applied  first to accrued but
unpaid  interest and  thereafter as a reduction to principal.  At the end of the
term of the  Mortgage  Note,  all unpaid  principal  and  accrued  interest  not
otherwise  paid by the  incremental  reductions  to  principal  shall be due and
payable.  In the event that  incremental  reductions pay off the entire Mortgage
Note and any  accrued  but  unpaid  interest  prior to the end of the term,  any
Monthly  Allocation  shares not  previous  issued to Buyer shall be  immediately
issued,  the Mortgage Note shall be canceled and any unsold shares  delivered to
or held by Buyer,  if any, may be retained or sold by the Buyer pursuant to Rule
144 as he so elects.  If at any time  during the term of the  Mortgage  Note the
aggregate of all of the Incremental  Mortgage  Reduction  Amounts is equal to or
above $255,000, or at the end of the term at such time as Seller pays all unpaid
principal and accrued but unpaid interest, the entire Mortgage Note and Mortgage
and Security  Agreement shall be released and satisfied and Buyer (1) authorizes
Mintmire  &  Associates  to  provide  the  Seller  with  the  Release   executed
simultaneously  with  this  Agreement  and being  held in  escrow  by them;  (2)
authorizes the Seller to record the Release; and (3) agrees to cancel and return
the original Mortgage Note to the Seller.  Interest, if any, shall be calculated
on the basis of a year of 360 days.  Any unpaid  principal or accrued but unpaid
interest due at the end of the term shall be payable at the  Lender's  Principal
Office.

3.4. Mortgage and Security  Agreement.  The Mortgage Note,  together with all of
the  Seller's  other  obligations  under this  Agreement,  shall be secured by a
Mortgage and Security  Agreement in  substantially  the form of Exhibit B hereto
executed by the Seller.

3.5 Release.  Contemporaneously with the execution of this Agreement,  the Buyer
shall execute a Release in substantially  the form of Exhibit C and deliver same
to  Mintmire  &  Associates  to be held in  escrow  by them  until  the full and
complete satisfaction of Seller's obligation to the Buyer in accordance with the
terms and conditions herein.

3.6  Escrowed  Shares.  Seller shall  deliver to Mintmire & Associates  nine (9)
certificates in the amounts of the Monthly  Allocations,  each of which shall be
delivered  to Buyer no later  than  five (5) days  after  the  first  day of the
applicable  month for such  allocation.  Seller and Buyer  authorize  Mintmire &
Associates  to release  such  shares to Buyer as  required  herein  without  any
further action on their part.

3.7 Registration Under the Act. The Mortgage Note and any conversion shares into
which  it may be  converted  issued  pursuant  to this  Agreement  have not been
registered  under the Act.  Unless  and  until  registered  under  the Act,  the
Mortgage Note and any shares shall bear the following legend:

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This Notes or any shares issued upon conversion  have not been registered  under
the Securities  Act of 1933, as amended (the "Act") or applicable  state law and
may not be sold,  transferred or otherwise  disposed of unless  registered under
the Act and any applicable  state act or unless the Company  receives an opinion
of counsel satisfactory to it that the Note or any shares issued upon conversion
may  be  transferred  without  registration  under  the  Act or  qualify  for an
exemption.

The Mortgage Note and any shares issued upon conversion shall be subject to Rule
144 and shall be restricted (the "Restricted Securities").

3.7      Piggyback Registration.

     (a)  At any time that the Seller proposes to file a registration  statement
          on Form S-1 or other applicable form under the Act (the "Registrations
          Statement"),  either  for its own  account  or for  the  account  of a
          stockholder or stockholders,  the Seller shall give the Buyer or other
          holder (the "Holder")  written notice of its intention to do so and of
          the  intended  method of sale  (the  "Registration  Notice")  within a
          reasonable time prior to the  anticipated  filing date of the Seller's
          Registration Statement effecting such Seller registration.  Holder may
          request  inclusion of any Restricted  Securities in such  Registration
          Statement by delivering  to the Seller,  within ten (10) Business Days
          after  receipt  of the  Registration  Notice,  a written  notice  (the
          "Piggyback  Notice")  stating  the  number  of  Restricted  Securities
          proposed to be included and that such shares are to be included in any
          underwriting  only on the same terms and  conditions  as the shares of
          Common  Stock  otherwise  being sold through  underwriters  under such
          Seller Registration  Statement.  The Seller shall use its best efforts
          to cause all Restricted  Securities  specified in the Piggyback Notice
          to be included in the Seller  Registration  Statement  and any related
          offering, all to the extent requisite to permit the sale by the Holder
          of its  Restricted  Securities in  accordance  with the method of sale
          applicable to the other shares of Common Stock included in such Seller
          Registration Statement;  provided, however, that if, at any time after
          giving  written notice of its intention to register any securities and
          prior to the effective date of the Seller Registration Statement filed
          in connection with such  registration,  the Seller shall determine for
          any  reason  not to  register  or to delay  registration  of  Holder's
          Restricted Securities,  the Company may, at its election, give written
          notice of such determination to Holder and, thereupon:

          (i)  in the ease of a determination not to register, shall be relieved
               of its obligation to register Holder's  Restricted  Securities in
               connection with such registration (but not from its obligation to
               pay the registration expenses in connection therewith), and

          (ii) in the case of a delay in  registering,  shall  be  permitted  to
               delay  registering  Holder's  Restricted  Securities for the same
               period as the delay in registering such other securities.

         (b) The  Sellers's  obligation  to include  Restricted  Securities in a
         Seller's  Registration  Statement  pursuant  to  Section  7(a) shall be
         subject to the following limitations:

          (i)  The Seller may elect, at its sole option and for any reason,  not
               to register Holder's  Restricted Shares,  provided however,  that
               this  right is limited  to one (1) time and  relative  to one (1)
               particular Seller Registration Statement.

          (ii) The  Seller  shall not be  obligated  to include  any  Restricted
               Securities in a  registration  statement  filed on Form S-4, Form
               S-8 or such other  similar  successor  forms then in effect under
               the Securities Act.

          (iii)If a  Seller  Registration  Statement  involves  an  underwritten
               offering  and the  managing  underwriter  advises  the  Seller in
               writing that in its opinion,  the number of securities  requested
               to be included in such Seller Registration  Statement exceeds the
               number  which  can be  sold in such  offering  without  adversely
               affecting the  offering,  the Seller shall include in such Seller
               Registration  Statement the number of such  securities  which the
               Seller  is so  advised  can be  sold  in  such  offering  without
               adversely affecting the offering, determined as follows:

               (A)  first, the securities  proposed by the Seller to be sold for
                    it own account, and

               (B)  second, any Restricted  Securities  requested to be included
                    in such  registration and any other securities of the Seller
                    in  accordance  with the  priorities,  if and then  existing
                    among the  holders  of such  securities  pro rata  among the
                    holders thereof requesting such registration on the basis of
                    the  number  of shares of such  securities  requested  to be
                    included by such holders.

          (iv) The  Seller  shall  not  be   obligated  to  include   Restricted
               Securities in more than one (1) Seller Registration Statement.

     (c)  To the  extent  Holder's  Restricted  Securities  are  intended  to be
          included in a Seller Registration Statement, Holder may include any of
          its  Restricted  Securities  in  such  Seller  Registration  Statement
          pursuant to this Agreement  only if Holder  furnishes to the Seller in
          writing,  within ten (10)  business  days  after  receipt of a written
          request therefor, such information specified in Item 507 of Regulation
          S-K  under  the  Act or  such  other  information  as the  Seller  may
          reasonably request for use in connection with the Seller  Registration
          Statement or Prospectus or preliminary Prospectus included therein and
          in  any  application  to the  NASD.  Holder  as to  which  the  Seller
          Registration Statement is being effected agrees to furnish promptly to
          the Seller all  information  required to be disclosed in order to make
          all  information  previously  furnished  to the  Seller by Holder  not
          materially misleading.

Section 4.  Conditions Precedent.

4.1. Conditions Precedent. The obligation of the Buyer to pay the Purchase Price
to the Seller and thereby  acquire the Mortgage  Note  convertible  into 102,000
Restricted  Common Stock  shares from the Seller is subject to the  simultaneous
delivery of the following:

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     (a)  Mortgage  Note. A Mortgage Note for the  principal  amount of $255,000
          duly executed by the Seller and delivered to the Buyer;

     (b)  Mortgage and  Security  Agreement.  A Mortgage and Security  Agreement
          duly executed by the Seller and delivered to the Buyer;  together with
          an undertaking by the Seller to (i) file within the time proscribed by
          law for perfecting the Buyer's  security  interest in the  Collateral,
          and  deliver  to the  Buyer  acknowledgment  copies  of the  Financing
          Statements (UCC-1) duly filed under the Uniform Commercial Code of all
          jurisdictions  necessary or, in the opinion of the Buyer, desirable to
          perfect the security interest created by the Security  Agreement,  and
          (ii)  certified  copies of  Request  for Copies or  Information  (Form
          UCC-11)  identifying  all of the  financing  statements  on file  with
          respect  to the  Seller in all  jurisdictions  referred  to under (i),
          including  the  Financing  Statement  filed by the Buyer  against  the
          Seller's,  indicating  that no party  claims an interest in any of the
          Collateral except as set forth on Schedule II;

     (c)  Release.  A Release  executed by the Buyer and delivered to Mintmire &
          Associates;

     (d)  Evidence of all corporate  action by the Seller.  Certified (as of the
          Closing  Date)  copies of all  corporate  action  taken by the Seller,
          including  resolutions  of its  Board of  Directors,  authorizing  the
          execution,  delivery, and performance of this Agreement and each other
          document to be delivered pursuant to this Agreement;

     (e)  Incumbency and signature  certificate  of the Seller's.  A certificate
          (dated  as of the  Closing  Date)  of  the  Secretary  of  the  Seller
          certifying the names and true signatures of the officers of the Seller
          authorized  to sign  this  Agreement  and any  other  documents  to be
          delivered by the Seller under this Agreement;

Section 5.  Representations and Warranties.

5.1. Seller's Representations and Warranties. The Seller represents and warrants
to the Lenders that:

     (a)  Incorporation,  Good Standing, and Due Qualification.  The Seller is a
          corporation duly  incorporated,  validly existing and in good standing
          under  the  laws of the  jurisdiction  of its  incorporation;  has the
          corporate  power and  authority  to own its assets and to transact the
          business in which it is now engaged and proposes to be engaged in; and
          is duly qualified as a foreign  corporation and in good standing under
          the laws of each other  jurisdiction  in which such  qualification  is
          required.  The Seller has no  Subsidiaries  other  than  Cuidao  (USA)
          Imports Co., Inc. and R&R (Bordeaux) Imports, Inc.

     (b)  Corporate Power and Authority. The execution, delivery and performance
          by the Seller of this Agreement and the documents  delivered  herewith
          have been duly authorized by all

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          necessary  corporate  action and do not and will not (i)  require  any
          consent or  approval of the  shareholders  of such  corporation;  (ii)
          contravene  such  corporation's  charter or bylaws;  (iii) violate any
          provision  of  any  law,  rule,  regulation,  order,  writ,  judgment,
          injunction,  decree, determination or award presently in effect having
          applicability  to such  corporation;  (iv)  result  in a breach  of or
          constitute a default under any  indenture or loan or credit  agreement
          or any other agreement,  lease or instrument to which such corporation
          is a party or by which it or its  properties may be bound or affected;
          and (v) cause such  corporation  to be in default  under any such law,
          rule,   regulation,   order,  writ,  judgment,   injunction,   decree,
          determination  or award,  or any such indenture,  agreement,  lease or
          instrument.

     (c)  Legally  Enforceable  Agreement.  This  Agreement  is, and each of the
          other documents  provided herewith when delivered under this Agreement
          will  be,  legal,  valid  and  binding   obligations  of  the  Seller,
          enforceable  against the Seller in  accordance  with their  respective
          terms,  except to the extent that such  enforcement  may be limited by
          applicable  bankruptcy,  insolvency  and other similar laws  affecting
          creditors' rights generally.

     (d)  Financial Statements. Seller's Financial Statements. The balance sheet
          of the Seller as at December  31, 1999 and 1998,  and, and the related
          statements of income,  retained  earnings and cash flows of the Seller
          for the  fiscal  years then  ended,  and the  accompanying  footnotes,
          together with the opinion thereon of Baum & Company, P.A., independent
          certified public accountants,  and the interim unaudited  consolidated
          balance  sheet of the  Seller  as of June 30,  2000,  and the  related
          statements of income,  retained  earnings and cash flows of the Seller
          for the three (3) month  period then ended,  copies of which have been
          included by the Seller in its reports filed with the SEC on Forms 10-K
          and 10-Q,  respectively,  are complete and correct and fairly  present
          the financial condition of the Seller as at such dates and the results
          of the  operations  of the  Seller  for the  periods  covered  by such
          statements,  all in accordance with GAAP consistently applied (subject
          to  year-end   adjustments  in  the  case  of  the  interim  financial
          statements),  and since  June 30,  2000,  there  has been no  material
          adverse change in the condition (financial or otherwise), business, or
          operations of the Seller or any  Subsidiary.  There are no liabilities
          of the  Seller  or any  Subsidiary,  fixed or  contingent,  which  are
          material but are not reflected in the  financial  statements or in the
          notes thereto,  other than liabilities  arising in the ordinary course
          of business since June 30, 2000.

     (e)  Full  Disclosure.  No information,  exhibit or report furnished by the
          Seller,  to the  Buyer  in  connection  with the  negotiation  of this
          Agreement  contained any material  misstatement  of fact or omitted to
          state a  material  fact or any fact  necessary  to make the  statement
          contained therein not materially misleading.

     (f)  Labor  Disputes  and  Acts  of  God.  Neither  the  business  nor  the
          properties of the Seller or any  Subsidiary  are affected by any fire,
          explosion,  accident, strike, lockout or other labor dispute, drought,
          storm, hail,  earthquake,  embargo, act of God or of the public enemy,
          or other casualty (whether or not covered by insurance) materially and
          adversely  affecting such business  properties or the operation of the
          Seller or such Subsidiary.

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     (g)  Other Agreements. Except as set forth in any filing with the SEC or if
          not contained  therein or on Schedule III herein,  the Seller is not a
          party to any indenture,  loan, or credit agreement, or to any lease or
          other agreement or instrument,  or subject to any charter or corporate
          restriction  which  could  have  a  material  adverse  affect  on  the
          business, properties, assets, operations, or conditions,  financial or
          otherwise,  of the  Seller to carry  out its  obligations  under  this
          Agreement.  The  Seller  is  not in  default  in  any  respect  in the
          performance,  observance,  or fulfillment  of any of the  obligations,
          covenants,  or  conditions  contained in any  agreement or  instrument
          material to its business to which it is a party which is not disclosed
          herein or in the filing with the SEC.

     (h)  Litigation.  There is no pending or  threatened  action or  proceeding
          against or affecting the Seller before any court, governmental agency,
          or  arbitrator  which  may,  in any  one  case  or in  the  aggregate,
          materially  adversely  affect  the  financial  condition,  operations,
          properties,  or business of the Seller or the ability of the Seller to
          perform  its  obligations  under  this  Agreement  which  has not been
          disclosed herein or in the Seller's filings with the SEC.

     (i)  Ownership  and  Liens.  The  Seller  has title to, or valid  leasehold
          interests  in, all of its  properties  and assets,  real and personal,
          including the properties and assets and leasehold  interest  reflected
          in the financial  statements  referred to in paragraph  5.1(d) of this
          Agreement  (other  than any  properties  or assets  disposed of in the
          ordinary  course of business),  and none of the  properties and assets
          owned by the Seller and none of its leasehold  interests is subject to
          any Lien, except such as may be permitted pursuant to paragraph 7.1(a)
          of this  Agreement  and except as disclosed  herein or in the Seller's
          filings with the SEC.

     (j)  ERISA.  The Seller is in compliance in all material  respects with all
          applicable  provisions  of  ERISA.  Neither a  Reportable  Event nor a
          Prohibited  Transaction has occurred and is continuing with respect to
          any Plan; no notice of intent to terminate a Plan has been filed,  nor
          has any Plan been terminated;  no circumstances exist which constitute
          grounds entitling the PBGC to institute  proceedings to terminate,  or
          appoint a trustee to administer,  a Plan, nor has the PBGC  instituted
          any such proceedings;  neither the Seller nor any Commonly  Controlled
          Entity has  completely  or partially  withdrawn  from a  Multiemployer
          Plan;  the Seller and each Commonly  Controlled  Entity have met their
          minimum funding  requirements under ERISA with respect to all of their
          Plans,  and the present value of all vested  benefits  under each Plan
          does not exceed the fair market value of all Plan assets  allocable to
          such benefits,  as determined on the most recent valuation date of the
          Plan and in accordance  with the provisions of ERISA;  and neither the
          Seller nor the Parent nor any Commonly  Controlled Entity has incurred
          any liability to the PBGC under ERISA.

     (k)  Operation of Business.  The Seller  possesses all  licenses,  permits,
          franchises,  patents,  copyrights,  trademarks,  and trade  names,  or
          rights thereto, to conduct their respective  businesses  substantially
          as now  conducted and as presently  proposed to be conducted,  and the
          Seller is not in  violation of any valid rights of others with respect
          to any of the foregoing  except as described herein or as disclosed in
          the Seller's filings with the SEC.

<PAGE>

     (l)  Taxes.  The  Seller has filed all tax  returns  (federal,  state,  and
          local) required to be filed and have paid all taxes, assessments,  and
          governmental  charges  and  levies  thereon to be due,  including  any
          interest and penalties. [Note what about witholding taxes?]

     (m)  Registration  and Listing of Common  Stock.  The Seller is a reporting
          company,  and has continuously  been a reporting company for more than
          the 18 calendar  months  preceding  the Closing  Date,  and the Common
          Stock is  registered  under  the  Exchange  Act and  quoted on the OTC
          Bulletin  Board.  The Seller has filed all reports and other documents
          required of it by the Exchange Act, the rules and  regulations  of the
          SEC, and the rules and regulations of the OTC Bulletin Board.

     (n)  Rule 506 Offerings.  The Seller offered the shares of its Common Stock
          and the Price Guarantee Collateral issuable under this Agreement under
          Regulation D, Rule 506.

     (o)  U.S.  Transaction.  The  negotiations  for and the  issuance  of these
          shares  and the  Price  Guarantee  Collateral  has been made in a U.S.
          transaction under Regulation D, Rule 506.

     (p)  No  Directed  Selling  Efforts.  The  Seller  has not  engaged  in any
          directed  selling efforts with respect to this  Agreement,  the shares
          issued hereby or the Price Guarantee Collateral.

     (q)  Exemption  of  the  Issuance  of the  Shares  from  Registration.  The
          Seller's issuance of the shares and the Price Guarantee Collateral are
          exempt  from  the  registration  requirements  of  Section  5  of  the
          Securities Act pursuant to the provisions of Rule 506 of Regulation D.

5.2. Buyer's  Representations and Warranties.  The Buyer represents and warrants
to the Seller that:

     (a)  Incorporation,  Good Standing,  and Due Qualification.  The Buyer is a
          corporation duly  incorporated,  validly existing and in good standing
          under  the  laws of the  jurisdiction  of its  incorporation;  has the
          corporate  power and  authority  to own its assets and to transact the
          business in which it is now engaged and proposes to be engaged in; and
          is duly qualified as a foreign  corporation and in good standing under
          the laws of each other  jurisdiction  in which such  qualification  is
          required.  The Seller has no Subsidiaries other than Cuidao USA Import
          Co., Incorporated and R& R Bordeaux Imports Incorporated.

     (b)  Corporate Power and Authority. The execution, delivery and performance
          by the Buyer of this  Agreement and the documents  delivered  herewith
          have been duly authorized by all necessary corporate action and do not
          and will not (i) require  any consent or approval of the  shareholders
          of such  corporation;  (ii) contravene such  corporation's  charter or
          bylaws;  (iii)  violate any  provision of any law,  rule,  regulation,
          order,  writ,  judgment,  injunction,  decree,  determination or award
          presently in effect having  applicability  to such  corporation;  (iv)
          result in a breach of or  constitute a default  under any indenture or
          loan or credit agreement or any other  agreement,  lease or instrument
          to which such  corporation is a party or by which it or its properties
          may be bound or  affected;  and (v) cause  such  corporation  to be in
          default under

<PAGE>

         any such law, rule,  regulation,  order,  writ,  judgment,  injunction,
         decree, determination or award, or any such indenture, agreement, lease
         or instrument.

     (c)  Legally  Enforceable  Agreement.  This  Agreement  is, and each of the
          documents  provided  herewith when delivered under this Agreement will
          be, legal,  valid and binding  obligations  of the Buyer,  enforceable
          against the Buyer in accordance with their respective terms, except to
          the  extent  that  such  enforcement  may  be  limited  by  applicable
          bankruptcy,  insolvency  and other similar laws  affecting  creditors'
          rights generally.

     (d)  Accredited Investor.  The Buyer is an accredited investor as that term
          is defined in Rule 501(a)(3) of Regulation D of the SEC.

          (i)  Buyer  is a U.S.  Person  not  formed  for  the  purpose  of this
               investment.

     (e)  The Buyer has complied  with all of the  conditions  required of it in
          connection with the transactions contemplated by this Agreement.

     (f)  Buyer is acquiring the shares  issued hereby as an investment  and not
          with a view to resell except in accordance with Rule 144 of the Act.

Section 6.  Affirmative Covenants.

6.1. Financial and Operational. So long as any of the Mortgage Note shall remain
outstanding, the Seller will:

     (a)  Maintenance   of  Existence.   Preserve  and  maintain  its  corporate
          existence and good standing in the jurisdiction of its  incorporation,
          and  qualify and remain  qualified  as a foreign  corporation  in each
          jurisdiction in which such qualification is required.

     (b)  Maintenance of Records. Keep adequate records and books of account, in
          which  complete   entries  will  be  made  in  accordance   with  GAAP
          consistently applied,  reflecting all material financial  transactions
          of the Seller.

     (c)  Maintenance  of  Properties.  Maintain,  keep and  preserve all of its
          properties (tangible and intangible) necessary or useful in the proper
          conduct of its business in good working order and condition,  ordinary
          wear and tear excepted.

     (d)  Conduct of Business. Continue to engage in an efficient and economical
          manner in a business of the same  general  type as  conducted by it on
          the date of this Agreement.

     (e)  Maintenance of Insurance.  Maintain  insurance with financially  sound
          and reputable  insurance companies or associations in such amounts and
          covering such risks as are usually carried by companies engaged in the
          same or a similar business and similarly situated, which insurance may
          provide for reasonable deductibility from its coverage.

<PAGE>

     (f)  Compliance  With  Laws.   Comply  with  all  applicable  laws,  codes,
          regulations,   rules,   ordinances  and  orders,   including   without
          limitation  paying  before  the  same  become  delinquent  all  taxes,
          assessments  and  governmental  charges  imposed  upon it or upon  its
          property.

     (g)  Right of  Inspection.  At any  reasonable  time and from time to time,
          permit the Buyer or any of its  representatives  to  examine  and make
          copies of and abstracts  from the records and books of account of, and
          visit the  properties  of, the  Seller,  and to discuss  its  affairs,
          finances  and  accounts  with  any  of  its  officers,  directors  and
          independent accountants.

     (h)  Reporting Requirements. Furnish to the Buyer:

          (i)  Quarterly Financial Statements. The Seller's reports on Form 10-Q
               or 10- QSB contemporaneously with their filing with the SEC.

          (ii) Annual Financial Statements.  The Seller's annual reports on Form
               10-K or 10- KSB contemporaneously with their filing with the SEC.

          (iii)Management Letters.  Promptly upon receipt thereof, copies of any
               reports  submitted to the Seller or any Subsidiary by independent
               accountants in connection with their examination of the financial
               statements of the Seller.

          (iv) Certificate of No Default.  Within  twenty-five  (25) days of any
               written  request of the Buyer  provide to the Buyer a certificate
               of the Seller's chief  financial  officer  certifying that to the
               best of his or her  knowledge  no Default or Event of Default has
               occurred and is  continuing  or, if a Default or Event of Default
               has  occurred  and is  continuing,  a statement  as to the nature
               thereof and the action that is proposed to be taken with  respect
               thereto.

          (v)  Notice of Litigation.  Promptly after the  commencement  thereof,
               notice of all actions,  suits and proceedings before any court or
               governmental  department,  commission,  board, bureau, agency, or
               instrumentality  (domestic or foreign) or  arbitrator,  affecting
               the Seller,  which, if determined  adversely to the Seller, could
               have  a  material  adverse  affect  on the  financial  condition,
               properties or operations of the Seller.

          (vi) Notice of Defaults and Events of Default. As soon as possible and
               in any event  within ten (30) days after the  occurrence  of each
               material  Default or material Event of Default,  a written notice
               setting forth the details of such Default or Event of Default and
               the  action  that is  proposed  to be  taken by the  Seller  with
               respect thereto.

          (vii)ERISA  reports.  As soon as  possible,  and in any  event  within
               thirty  (30) days  after the  Seller  knows or has reason to know
               that any  circumstances  exist that constitute  grounds entitling
               the PBGC to institute  proceedings to terminate a Plan subject to
               ERISA  with  respect  to the  Seller or any  Commonly  Controlled
               Entity, and

<PAGE>

               promptly but in any event within two (2) Business Days of receipt
               by the Seller or any  Commonly  Controlled  Entity of notice that
               the PBGC  intends  to  terminate  a Plan or  appoint a trustee to
               administer  the same,  and  promptly but in any event within five
               (5)  Business  Days  of the  receipt  of  notice  concerning  the
               imposition of withdrawal  liability with respect to the Seller or
               any Commonly  Controlled  Entity,  the Seller will deliver to the
               Buyer a certificate of the chief financial  officer of the Seller
               setting  forth all  relevant  details  and the  action  which the
               Seller proposes to take with respect thereto.

          (viii) Other  Regulatory  Reports  and  Filings.  Promptly  after  the
               sending  or  filing  thereof,  copies  of all  proxy  statements,
               financial   statements   and  reports  that  the  Seller  or  any
               Subsidiary sends to its shareholders,  and copies of all regular,
               periodic and special  reports,  and all  registration  statements
               that the Seller files with the securities regulatory  authorities
               of any  country,  province  or  state,  or  with  any  securities
               exchange.

          (ix) General  Information.   Such  other  information  respecting  the
               condition or operations, financial or otherwise, of the Seller as
               the Buyer may from time to time reasonably request.

          (x)  Environment,  Health and Safety. Be and remain in compliance with
               the provisions of all federal,  state,  and local  environmental,
               health, and safety laws, codes and ordinances,  and all rules and
               regulations  issued  thereunder;  notify the Buyer immediately of
               any notice of a hazardous  discharge or  environmental  complaint
               received from any governmental  agency or any other party; notify
               the  Buyer  immediately  of  any  hazardous   discharge  from  or
               affecting its premises;  immediately contain and remove the same,
               in compliance with all applicable laws;  promptly pay any fine or
               penalty  assessed in  connection  therewith;  permit the Buyer to
               inspect the premises,  to conduct tests  thereon,  and to inspect
               all books, correspondence, and records pertaining thereto; and at
               the  Buyer's  request,  and at the  Seller's  expense,  provide a
               report of a qualified  environmental  engineer,  satisfactory  in
               scope, form, and content to the Buyer, and such other and further
               assurances   reasonably   satisfactory  to  the  Buyer  that  the
               condition has been corrected.

Section 7.  Negative Covenants.

7.1. So long as any of the Mortgage Note remains unpaid the Seller will not:

     (a)  Liens.  Create,  incur,  assume,  or suffer to  exist,  or permit  any
          Subsidiary to create, incur, assume, or suffer to exist, any Lien upon
          or with  respect  to any of its  properties,  now  owned or  hereafter
          acquired, except:

          (i)  Liens in favor of the Buyer;

          (ii) Easements,   rights-of-way,   restrictions,   and  other  similar
               encumbrances which,

<PAGE>

               in  the  aggregate,   do  not   materially   interfere  with  the
               occupation, use, and enjoyment by the Seller or any Subsidiary of
               the property or assets encumbered thereby in the normal course of
               its  business  or  materially  impair  the value of the  property
               subject thereto; and

     (b)  Debt.  Create,  incur,  assume,  or  suffer to  exist,  or permit  any
          Subsidiary to create,  incur,  assume,  or suffer to exist,  any Debt,
          except:

          (i)  Debt of the Seller under this Agreemen or the Note;

          (ii) Debt  described  in Schedule  III but no  voluntary  prepayments,
               renewals,  extensions,  refinancings,  or increases in he amounts
               thereof;

          (iii)Debt of the  Seller  subordinated  on terms  satisfactory  to the
               Buyer to the Seller's  obligation  under this  Agreement  and the
               Mortgage Note;

     (c)  Sale of Assets.  Sell, lease, assign,  transfer,  or otherwise dispose
          of, or permit any  Subsidiary to sell,  lease,  assign,  transfer,  or
          otherwise  dispose  of,  any of its now  owned or  hereafter  acquired
          assets   (including,   without   limitation,   shares   of  stock  and
          indebtedness of Subsidiaries,  receivables,  and leasehold interests),
          except:  (1) inventory disposed of in the ordinary course of business;
          (2) the sale or other  disposition  of assets no longer used or useful
          in the conduct of its business;  and (3) that any Subsidiary may sell,
          lease, assign, or otherwise transfer its assets to the Seller.

     (d)  Transactions With Affiliates.  Enter into any transaction,  including,
          without limitation, the purchase, sale, or exchange of property or the
          rendering of any service, with any Affiliate, or permit any Subsidiary
          to enter into any  transaction,  including,  without  limitation,  the
          purchase,  sale,  or  exchange of  property  or the  rendering  of any
          service,  with any  Affiliate,  except in the  ordinary  course of and
          pursuant  to the  reasonable  requirements  of the  Seller's  or  such
          Subsidiary's  business  and  upon  fair and  reasonable  terms no less
          favorable  to the Seller or such  Subsidiary  than  would  obtain in a
          comparable arm's-length transaction with a Person not an Affiliate.

Section 8.  Events of Default

8.1. Events of Default. If any of the following events shall occur:

     (a)  The Seller should fail to pay the principal of or interest on any Note
          as and when due and  payable,  or any  amount  of any  other fee by or
          within ninety (90) days after the date that it is due and payable;

     (b)  Any  representation  or warranty  made or deemed made by the Seller in
          this Agreement or any other document provided  hereunder,  or which is
          contained in any certificate, document, opinion, or financial or other
          statement furnished at any time under or in

<PAGE>

         connection with any document  provided  hereunder,  shall prove to have
         been incorrect, incomplete, or misleading in any material respect on or
         as of the date made or deemed made;

     (c)  The Seller or any  Subsidiary  shall (i) fail to pay any  indebtedness
          for borrowed  money  (other than the  Mortgage  Note) of the Seller or
          such  Subsidiary,  as the  case may be,  or any  interest  or  premium
          thereon, when due (whether by scheduled maturity, required prepayment,
          acceleration,  demand,  or  otherwise),  or (ii)  fail to  perform  or
          observe any material  term,  covenant,  or condition on its part to be
          performed or observed  under any agreement or  instrument  relating to
          any such indebtedness,  when required to be performed or observed,  if
          the effect of such failure to perform or observe is to accelerate,  or
          to permit the  acceleration  of, after the giving of notice or passage
          of time, or both,  the maturity of such  indebtedness,  whether or not
          such  failure to  perform or observe  shall be waived by the holder of
          such  indebtedness;  or any such indebtedness  shall be declared to be
          due and payable,  or required to be prepaid (other than by a regularly
          scheduled required prepayment), prior to the stated maturity thereof;

     (d)  The  Mortgage  and  Security  Agreement  shall at any time  after  its
          execution  and delivery and for any reason cease (a) to create a valid
          and perfected security interest in and to the property purported to be
          subject to such Mortgage and Security  Agreement,  and in the priority
          disclosed  on  Schedule  II or III to be in full  force and  effect or
          shall be declared  null and void,  or the  validity or  enforceability
          thereof shall be contested by the Seller,  or the Seller shall deny it
          has any further liability or obligation under the Mortgage Note and/or
          the  Mortgage  and  Security  Agreement,  or the Seller  shall fail to
          perform any of its material  obligations under the Mortgage Note an/or
          the Mortgage and Security Agreement;

     (e)  Any of the  following  events shall occur or exist with respect to the
          Seller or any Commonly  Controlled  Entity under ERISA: any Reportable
          Event  shall   occur;   complete  or  partial   withdrawal   from  any
          Multi-employer Plan shall take place; any Prohibited Transaction shall
          occur;  a notice of intent to  terminate  a Plan shall be filed,  or a
          Plan  shall  be  terminated;   or  circumstances   shall  exist  which
          constitute  grounds  entitling  the PBGC to institute  proceedings  to
          terminate a Plan, or the PBGC shall institute such proceedings; and in
          each case  above,  such event or  condition,  together  with all other
          events or  conditions,  if any,  could  subject the Seller to any tax,
          penalty,  or other  liability  which in the  aggregate  may exceed Ten
          Thousand Dollars ($10,000); or

     (f)  If the Buyer receives its first notice of a hazardous  discharge or an
          environmental  complaint  regarding the Seller or a Subsidiary  from a
          source  other than the Seller,  and the Buyer does not receive  notice
          (which may be given in oral form,  provided  same is followed with all
          due dispatch by written notice given by Certified Mail, Return Receipt
          Requested) of such hazardous discharge or environmental complaint from
          the Seller within  twenty-four  (24) hours of the time the Buyer first
          receives  said notice from a source  other than the Seller;  or if any
          federal,  state, or local agency asserts or creates a Lien upon any or
          all  of  the  assets,  equipment,   property,   leaseholds,  or  other
          facilities of the Seller or a Subsidiary by reason of

<PAGE>

          the occurrence of a hazardous discharge or an environmental complaint;
          or if any federal,  state, or local agency asserts a claim against the
          Seller, a Subsidiary, or its respective assets,  equipment,  property,
          leaseholds,  or other facilities for damages or cleanup costs relating
          to a hazardous  discharge  or an  environmental  complaint;  provided,
          however,  that such claim shall not  constitute  a default if,  within
          fifteen (15) Business Days of the occurrence giving rise to the claim,
          (i) the Seller can prove to the Buyer's  satisfaction  that the Seller
          has  commenced  and is  diligently  pursuing  either:  (a) a  cure  or
          correction of the event which constitutes the basis for the claim, and
          continues  diligently  to pursue such cure or correction to completion
          or (b)  proceedings for an injunction,  a restraining  order, or other
          appropriate  emergent  relief  preventing such agency or agencies from
          asserting  such claim,  which  relief is granted  within  fifteen (15)
          Business  Days of the  occurrence  giving  rise to the  claim  and the
          injunction,  order, or emergent  relief is not thereafter  resolved or
          reversed on appeal;  and (ii) in either of the foregoing  events,  the
          Seller  has  posted  a bond,  letter  of  credit,  or  other  security
          satisfactory in form, substance,  and amount to both the Buyer and the
          agency or entity asserting the claim to secure the proper and complete
          cure or  correction of the event which  constitutes  the basis for the
          claim;

then, and in any such event, the Buyer may, by notice to the Seller, (i) declare
the Mortgage Note,  all interest  thereon,  and all other amounts  payable under
this Agreement to be forthwith due and payable, whereupon the Mortgage Note, all
such  interest,  and all such  amounts  shall  become and be  forthwith  due and
payable,  without presentment,  demand,  protest, or further notice of any kind,
all of which are hereby expressly waived by the Seller.

8.2. Buyer's Right to Setoff.  Upon the occurrence and during the continuance of
any Event of Default,  the Buyer is hereby  authorized at any time and from time
to time, without notice to the Seller (any such notice being expressly waived by
the  Seller),  to set off and apply any and all funds,  deposits and accounts at
any time held and other  indebtedness  at any time  owing by the Buyer to or for
the credit or the account of the Seller  against any and all of the  obligations
of the Seller now or  hereafter  existing  under this  Agreement or the Mortgage
Note or any other document provided herewith, irrespective of whether or not the
Buyer shall have made any demand under this  Agreement  or the Mortgage  Note or
such other document and although such  obligations  may be unmatured.  The Buyer
agrees  promptly  to notify the Seller  after any such  setoff and  application,
provided  that the failure to give such notice  shall not affect the validity of
such setoff and application.  The rights of the Buyer under this Section 9.2 are
in addition to other rights and remedies (including,  without limitation,  other
rights of setoff) which the Buyer may have.

Section 9.  Miscellaneous.

9.1. Amendments, Etc. No amendment, modification,  termination, or waiver of any
provision  of this  Agreement  or any  document  provided  herewith to which the
Seller  is a party,  nor  consent  to any  departure  by the  Seller  from  this
Agreement and any document  provided  herewith to which it is a party,  shall in
any event be  effective  unless the same  shall be in writing  and signed by the
Buyer,  and then such waiver or consent shall be effective  only in the specific
instance and for the specific purpose for which given.

<PAGE>

9.2.  Notices,  Etc. All notices given under this  Agreement and under the other
documents provided herewith shall be in writing, addressed to the parties as set
forth below, and shall be effective on the earliest of (i) the date received, or
(ii) if given by facsimile  transmittal on the date given if transmitted  before
5:00 p.m. the recipient's time, otherwise it is effective the next day, or (iii)
on the second business day after delivery to a major  international air delivery
or air courier service (such as Federal Express or Network Couriers):

If to the Buyer:                                              If to the Seller:

         WM Properties of South Florida, Inc.              Cuidao Holding Corp.
         1800 N. Dixie Highway                                2951 Simms Street
         Hollywood, FL 33020                            Hollywood, FL33320-1510
         Attention: Wayne Doss,                  Attention: C.  Michael Fisher,
         Facsimile No.  (954) 938-2119                                President
                                                   Facsimile No. (954) 924-8171

With a copy (that does not constitute     With a copy (that does not constitute
                  notice) to:                                       notice) to:
                                                          Mintmire & Associates
                                                  265 Sunrise Avenue, Suite 204
                                                          Palm Beach, FL  33480
                                                Attn:  Donald F. Mintmire, Esq.
                                                   Facsimile No. (561) 659-5371

9.3. No Waiver.  No failure or delay on the part of the Buyer in exercising  any
right,  power, or remedy hereunder shall operate as a waiver thereof;  nor shall
any single or partial exercise of any such right,  power, or remedy preclude any
other or further exercise thereof or the exercise of any other right,  power, or
remedy hereunder.  The rights and remedies  provided herein are cumulative,  and
are not exclusive of any other rights, powers,  privileges,  or remedies, now or
hereafter existing, at law or in equity or otherwise.

9.4.  Successors and Assigns.  This Agreement shall be binding upon and inure to
the benefit of the Seller and the Buyer,  and their  respective  successors  and
assigns,  except  that the Seller may not assign or  transfer  any of its rights
under this Agreement or any document  provided herewith to which the Seller is a
party without the prior written consent of the Buyer.

9.5  Costs,  Expenses,  and  Taxes.  Each  party  shall bear their own costs and
expenses in connection with the preparation,  execution,  delivery,  filing, and
administration of this Agreement and the underlying documents provided herewith,
and of any amendment, modification, or supplement thereto.

9.6. Integration. This Agreement and the documents provided herewith contain the
entire  agreement  between the parties relating to the subject matter hereof and
supersede all oral statements and prior writings with respect thereto.

<PAGE>

9.7. Indemnity.  The Seller shall defend, protect,  indemnify, and hold harmless
the  Buyer  and  its  respective  officers,  directors,  employees,  and  agents
(including,   without   limitation,   those  retained  in  connection  with  the
transactions contemplated by this Agreement)  (collectively,  the "Indemnitees")
from and against any and all actions,  causes of action, suits, claims,  losses,
costs,  penalties,  fees,  liabilities,  and damages, and expenses in connection
therewith  (irrespective of whether any such Indemnitee is a party to the action
for  which  indemnification  hereunder  is  sought),  and  including  reasonable
attorneys' fees and disbursements (the "Indemnified  Liabilities"),  incurred by
the Indemnitees or any of them as a result of, or arising out of, or relating to
(a) any  misrepresentation  or breach of any  representation or warranty made by
the Seller in this Agreement or any other  document  provided  herewith,  or any
other certificate,  instrument,  or document  contemplated hereby or thereby; or
(b) any breach of any covenant, agreement, or obligation of the Seller contained
in this Agreement or any other document provided herewith; or (c) the activities
of the  Seller  or any  Subsidiary,  each of their  respective  predecessors  in
interest  or  third  parties  with  whom  they  or any  of  them  have  or had a
contractual  relationship,  or arising directly or indirectly from the violation
of any environmental protection,  health, or safety law, whether such claims are
asserted by any  governmental  agency or any other  person;  or (d) any cause of
action,  suit, or claim brought or made against such  Indemnitee and arising out
of or resulting from the  execution,  delivery,  performance,  or enforcement of
this Agreement or any document provided herewith by any of the Indemnities,  and
application  of the use of proceeds as provided  herein.  To the extent that the
foregoing  undertaking by the Seller may be  unenforceable  for any reason,  the
Seller shall make the maximum  contribution  to the payment and  satisfaction of
each of the Indemnified  Liabilities  which is permissible under applicable law.
This indemnity shall survive termination of this Agreement.

9.8.  Governing  Law.  This  Agreement  and the Note shall be  governed  by, and
construed in accordance  with, the laws of the State of Florida,  Broward County
Florida.

9.9. Severability of Provisions. Any provision of this Agreement or any document
provided  herewith  which is prohibited  or  unenforceable  in any  jurisdiction
(after  applying  the  provisions  of  paragraph  9.8 of this  Agreement to that
provision) shall, as to such jurisdiction,  be ineffective to the extent of such
prohibition or unenforceability without invalidating the remaining provisions of
such  agreements  and documents or affecting the validity or  enforceability  of
such provision in any other jurisdiction.

9.10  Conflict  of  Terms,  Provisions  or  Conditions.  In the  event any term,
provision or condition of the Mortgage Note,  Mortgage and Security Agreement or
Release conflicts with any term,  provision or condition  contained herein,  the
meaning ascribed to such term, provision or condition under this Agreement shall
prevail over any  interpretation  under either the Mortgage  Note,  Mortgage and
Security Agreement or Release.

9.11 Headings. Section and paragraph headings in this Agreement are included for
the  convenience  of  reference  only and  shall not  constitute  a part of this
Agreement for any other purpose.

9.12. Dispute Resolution. Any controversy or claim arising out of or relating to
this Agreement

<PAGE>

(whether  in  contract  or  tort,  or  both,  or at law or in  equity)  shall be
determined by binding  arbitration at Fort  Lauderdale,  Florida,  in accordance
with the commercial  arbitration rules of the American Arbitration  Association.
The prevailing party in any arbitration  proceeding shall be awarded  reasonable
attorneys  fees and costs of the  proceeding.  The  arbitration  award  shall be
final,  and may be entered  in any court  having  jurisdiction.  Nothing in this
paragraph  shall  preclude  either party from  applying to a court for temporary
equitable relief, when appropriate, pending and subject to such temporary orders
and permanent award as the arbitrator or arbitrators may make. The parties agree
that the courts of the Broward County, Florida shall have exclusive jurisdiction
and venue for the  adjudication  of any civil action between them arising out of
relating to this Agreement,  and hereby irrevocably consent to such jurisdiction
and venue.

     IN WITNESS  WHEREOF,  the parties have caused this Agreement to be executed
by their  respective  officers  thereunto duly  authorized,  as of the Effective
Date.

The Buyer:                                                          The Seller:

WM Properties of South Florida, Inc.                       CUIDAO HOLDING CORP.

By _________________________________          By ______________________________
Name _______________________________          Name  ___________________________
Title ______________________________          Title ___________________________
Date signed ________________________          Date signed _____________________

As to the obligations in paragraphs 3.3 and 3.6. We Mintmire & Associates  agree
to be bound by the terms and conditions set forth in such paragraphs.

MINTMIRE & ASSOCIATES

By _________________________________
Name _______________________________
Date signed ________________________

<PAGE>

                                   Schedule I

                   Monthly Allocations for Mandatory Conversion

PRICE GUARANTEE AMOUNT:                                             $255,000.00

Mandatory                 Monthly            Target          Next to Last
Conversion                Allocation         Reduction       Day of Month
Date                      # Shares           Amount

September 1, 2001           11,333           $  28,332       September 29, 2001
October 1, 2001             11,333           $  28,332       October 30, 2001
November 1, 2001            11,333           $  28,332       November 29, 2001
December 1, 2001            11,333           $  28,332       December 30, 2001
January 1, 2002             11,333           $  28,332       January 30, 2002
February 1, 2002            11,333           $  28,332       February 27, 2002
March 1, 2002               11,333           $  28,332       March 30, 2002
April 1.  2002              11,333           $  28,332       April 29, 2002
May 1, 2002                 11,336           $  28,340       May 30, 2002
                           102,000           $255,000

<PAGE>

                                   Schedule II

    Description of Other Liens, Security Interests and Financing Statements

None other than those disclosed in Seller's filings with the SEC.

<PAGE>

                               Schedule III

                             Other Agreements

None other than those disclosed in Seller's filings with the SEC.

<PAGE>

                                   Schedule IV

                     List of All Licenses And Permits

None other than those disclosed in Seller's filings with the SEC.

<PAGE>

                                   Schedule V

                         List of Seller's Real Property

None other than those disclosed in Seller's filings with the SEC.

<PAGE>

            EXHIBIT A TO THE CONVERTIBLE NOTE ACQUISITION AGREEMENT

                            CONVERTIBLE MORTGAGE NOTE

$ 255,000.00                                                    August 31, 2000

THESE SECURITIES HAVE NOT BEEN REGISTERED WITH THE UNITED STATES  SECURITIES AND
EXCHANGE  COMMISSION OR THE SECURITIES  COMMISSION OF ANY STATE.  THE SECURITIES
ARE BEING OFFERED PURSUANT TO REGULATION D PROMULGATED  UNDER THE SECURITIES ACT
OF 1933, AS AMENDED (THE "ACT").  THE SECURITIES ARE "RESTRICTED" AND MAY NOT BE
OFFERED OR SOLD UNLESS THE SECURITIES  ARE REGISTERED  UNDER THE ACT OR PURSUANT
TO AVAILABLE  EXEMPTIONS FROM THE  REGISTRATION  REQUIREMENTS OF THE ACT AND THE
BORROWER WILL BE PROVIDED WITH OPINION OF COUNSEL OR OTHER SUCH  INFORMATION  AS
IT MAY REASONABLY REQUIRE TO CONFIRM THAT SUCH EXEMPTIONS ARE AVAILABLE.

1.       IDENTIFICATION OF BORROWER

     Borrower's  name and  address is:  CUIDAO  HOLDING  CORPORATION,  a Florida
corporation,  whose principal address is 2951 SIMMS STREET, HOLLYWOOD, FL 33020-
1510.

2.       IDENTIFICATION OF LENDER

     Lender's name and address is: WM PROPERTIES OF SOUTH FLORIDA, INC., 1800 N.
DIXIE HIGHWAY, HOLLYWOOD, FL 33020.

     Lender may  change  such  address  from time to time by giving me notice as
provided in Paragraph 8.

3.       PROMISE TO PAY - PLACE OF PAYMENT

     In return for a loan that Borrower has received,  Borrower  promises to pay
in lawful money of the United States of America to the order of WM PROPERTIES OF
SOUTH  FLORIDA,  INC. at such  address as is indicated in Paragraph 2 or at such
other place as the Holder of this Note shall in writing designate, the principal
sum of Two Hundred Fifty Five Thousand  United  States  Dollars  (US$255,000.00)
(this amount is called "principal"), subject to the terms and conditions of this
Note.

4.       TERMS OF THIS NOTE

     4.1  Convertible  Note  Acquisition.  The  Lender  agreed  on the terms and
conditions set forth in a certain convertible note acquisition agreement of even
date (the  "Acquisition  Agreement") to acquire,  in exchange for $179,506.75 in
cash (the "Purchase Price"), a

<PAGE>

convertible note in the principal amount of $255,000 convertible into a total of
102,000  shares of the Company's  Restricted  Common Stock.  The Purchase  Price
shall be used  solely  to cure the  default  on the  Company's  Second  Mortgage
payable to  Sebasitiano  and Nunzia  Salemi,  recorded on 2951 Simms Street real
estate located in Hollywood, Florida, and recorded February 4, 1999, in Official
Record  Book  29206,  at Page  1366,  of the Public  Records of Broward  County,
Florida (the  "Property").  The  Acquisition  Agreement is  incorporated  in its
entirety into this Note.

     4.2 Price  Guarantee.  The Borrower  agrees that for a period of twenty one
(21) months from the date  hereof,  to  guarantee  to the Lender that its Common
Stock shall not fall below a closing bid price of $2.50 per share such that when
certain  incremental  allocations of such shares are sold by Lender  pursuant to
Rule  144  promulgated  under  the Act  ("Rule  144")  or such  allocations  are
calculated as provided herein that in the aggregate the value of the shares into
which the  Mortgage  Note is  convertible  shall have a value of  $255,000  (the
"Price Guarantee"). To secure such Price Guarantee, Borrower granted to Lender a
mortgage upon the Property  convertible  into shares,  which  mortgage  shall be
evidenced  by this Note and  secured  by the  Mortgage  and  Security  Agreement
executed simultaneously herewith.

     4.3 Mortgage  Note.  The  Borrower's  Price  Guarantee is evidenced by this
Note.  This Note,  dated as of the  Closing  Date as defined in the  Acquisition
Agreement,  is due and  payable  twenty  four  (24)  months  from its  issuance.
Commencing on September 1, 2001 and continuing for the next eight (8) successive
months,  Lender is  required  each such  month to convert a portion of this Note
into shares of the Borrower's  Common Stock, the mandatory  conversion dates and
number of shares to be issued on each mandatory conversion date are set forth in
Schedule I attached hereto (the "Monthly  Allocation").  Commencing on September
30, 2001 and continuing on the last day of each of the next eight (8) successive
months,  the  principal  amount of the  Mortgage  Note  shall be  reduced by the
greater  of (i) the actual  gross  proceeds  received  by Lender for sale of the
Monthly  Allocation and any previously issued Monthly Allocation shares not sold
during the applicable  month during the applicable month made in accordance with
Rule 144,  or (ii) the average of the closing  price for the  Borrower's  Common
Stock  from the 1st day of the  applicable  month to the next to last day of the
applicable  month as  quoted  on the OTC BB times the  Monthly  Allocation  (the
greater of subsection (i) or (ii)  hereinafter  referred to as the  "Incremental
Mortgage Reduction  Amount").  In the event that Incremental  Mortgage Reduction
Amount is less than the  Monthly  Allocation  times  $2.50 per share  during the
applicable month (the "Target  Reduction  Amount"),  the difference  between the
Target Reduction Amount and the Incremental  Mortgage  Reduction Amount realized
shall  bear  interest  at the rate of 11.11%  per annum  until  paid.  To assist
Borrower in making this  calculation,  Lender agrees to provide  evidence of all
sales made in the  applicable  month to Borrower by the tenth  (10th) day of the
succeeding month. Each successive Incremental Mortgage Reduction Amount shall be
applied  first to accrued but unpaid  interest and  thereafter as a reduction to
principal. At the end of the term of this Note, all unpaid principal and accrued
interest not otherwise paid by the incremental  reductions to principal shall be
due and payable.  In the event that  incremental  reductions pay off this entire
Note and any  accrued  but  unpaid  interest  prior to the end of the term,  any
Monthly  Allocation  shares not previous  issued to Lender shall be  immediately
issued,  this Note shall be canceled and any unsold shares  delivered to or held
by Lender, if any, may be retained or sold by the Lender pursuant to Rule 144 as
he so elects. If at any time during the term of this Note the

<PAGE>

aggregate of all of the Incremental  Mortgage  Reduction  Amounts is equal to or
above  $255,000,  or at the end of the term at such  time as  Borrower  pays all
unpaid principal and accrued but unpaid interest,  this entire Note and Mortgage
and Security  Agreement shall be released and satisfied.  In this regard,  under
the  Acquisition  Agreement  Lender has (1) authorized  Mintmire & Associates to
provide the Borrower with the Release executed simultaneously with this Note and
being held in escrow by them; (2) authorized the Borrower to record the Release;
and (3) agreed to cancel and return this Note to the Borrower. Interest, if any,
shall be calculated on the basis of a year of 360 days. Any unpaid  principal or
accrued but unpaid  interest  due at the end of the term shall be payable at the
Lender's Principal Office.

     4.4 Mortgage and Security  Agreement.  The Mortgage Note, together with all
of the  Borrower's  other  obligations  under this  Note,  shall be secured by a
Mortgage and Security Agreement executed simultaneously herewith.

     4.5 Release.  Contemporaneously with the execution of this Note, the Lender
has executed a Release and delivered same to Mintmire & Associates to be held in
escrow by them until the full and complete satisfaction of Borrower's obligation
to the Lender in accordance with the terms and conditions herein.

     4.6 Escrowed Shares. Under the terms of the Acquisition Agreement, Borrower
shall deliver to Mintmire & Associates  nine (9)  certificates in the amounts of
the Monthly  Allocations,  each of which shall be  delivered  to Lender no later
than  five (5)  days  after  the  first  day of the  applicable  month  for such
allocation. Borrower and Lender have authorized Mintmire & Associates to release
such shares to Lender as required under the  Acquisition  Agreement  without any
further action on their part.

5.       AFTER DEFAULT RATE OF INTEREST

     Borrower  agrees to pay  interest  on the unpaid  principal  balance  after
default at the highest  contract rate allowed by  applicable  law until all sums
owing on this Note have been paid in full.

6.       MAXIMUM LOAN CHARGES

     Lender  agrees that it will not charge  interest or other loan charges that
exceed  the  maximum  lawful  rate,  it being  Lender's  intent  not to charge a
usurious  interest rate. If it is discovered that interest or other loan charges
exceed the maximum  lawful rate,  Borrower will give Lender the  opportunity  to
refund to it that amount  collected  which exceeded the maximum lawful rate plus
interest on that amount at the maximum lawful rate. Lender will then modify this
Note  and all  instruments  securing  this  Note so that  Borrower  will  not be
required to pay further  interest or other loan  charges that exceed the maximum
lawful rate.

7.       BORROWER'S FAILURE TO PAY AS REQUIRED

     7.1 Default. If Borrower:

<PAGE>

     does not pay the full amount of each  payment  within  (25) days  following
date when due; or

     fails to keep any promises made in any Security  Instrument (as the same is
defined in Paragraph 13 hereof);

     is dissolved or liquidated;

     or, fails in any other obligation under the Acquisition Agreement

     then  Borrower  will be in default  without  notice and Lender may  require
Borrower to pay immediately the full amount of principal which has not been paid
and all the interest that Borrower owes on that amount.

     7.2 No Waiver By Lender.  If, at a time when Borrower is in default  Lender
does not require  Borrower to pay immediately in full as described  above,  this
will not be a waiver of Lender's  rights and Lender will still have the right to
do so if Borrower is in default at a later time.

     7.3 Payment of Lender's Reasonable  Attorney's Fees, Costs and Expenses. If
Borrower is in default as described above, Borrower will pay for all of Lender's
reasonable  costs  and  expenses  in  enforcing  this  Note  to the  extent  not
prohibited  by  applicable  law.  Those  expenses  include,  without  limitation
reasonable  attorneys'  fees  incurred  by the  Note  Holder  in  collecting  or
enforcing  payment hereof or in protecting the same,  whether incurred in or out
of  court,   including  without  limitation  probate   proceedings,   bankruptcy
proceedings and appeals.

8.       GIVING OF NOTICES

     Unless applicable law requires a different  method,  any notice to be given
to  Borrower  under this Note will be given by  personally  delivering  it or by
mailing it by  registered  mail  return  receipt  requested  to  Borrower at the
address provided in Paragraph 1, or at a different address if Borrower has given
Lender a written notice of a different address for Borrower.

     Any  notice  that must be given to Lender  under this Note will be given by
mailing it by registered mail return receipt  requested to Lender at the address
stated in  Paragraph  2, or at a  different  address  if Lender has been given a
notice of that different address.

9.       OBLIGATIONS OF PERSONS UNDER THIS NOTE

     Any person or entity who is a  guarantor,  co-maker,  surety or endorser of
this Note is fully and personally  obligated to keep all of the promises made in
this Note,  including  the  promise to pay the full amount  owed.  Any person or
entity who assumes these obligations,  including the obligations of a guarantor,
co-maker,  surety or endorser of this Note, is also obligated to keep all of the
promises  made in this Note,  and Lender may enforce its rights  under this Note
against  each  such  person  or  entity,  individually  or  against  all of them
together.

<PAGE>

10.      WAIVERS

     Any person or entity who has obligations  under this Note waives the rights
of presentment and notice of dishonor.  "Presentment" means the right to require
Lender or Note Holder to demand  payment of amounts  due.  "Notice of  dishonor"
means the right to  require  Lender or Note  Holder to give to other  persons or
entities notice that amounts due have not been paid.

11.      THIS NOTE IS SECURED

     In addition to the  protections  given to Lender under this Note, this Note
is secured by a Mortgage and Security  Agreement and an Assignment of Rents (the
"Security  Instrument"),  dated  the  same  date  as  this  Note.  The  Security
Instrument  (a)  protects  Lender from  possible  losses  which might  result if
Borrower does not keep the promises  which  Borrower makes in this Note, and (b)
also describes how and under what further conditions Borrower may be required to
make  immediate  payment in full of all amounts  that  Borrower  owes under this
Note.

12.      ANTI-DILUTION PROVISIONS

     The Borrower  covenants  with the Lender that so long as any portion of the
principal of this Note remains outstanding and may be converted:

     12.1 it will  cause  the  shares  of  Common  Stock  and  the  certificates
          representing  the Common Stock subscribed and paid for pursuant to the
          conversion of the Note to be duly issued and deposited with the Escrow
          Agent for delivery in accordance  with the  Acquisition  Agreement and
          the terms thereof;

     12.2 all shares of Common Stock that shall be issued upon conversion at the
          prevailing  Conversion Price herein provided,  shall be fully paid and
          non- assessable;

     12.3 it will use its best efforts to maintain its corporate existence; and

     12.4 generally,  it will  well and truly  perform  and carry out all of the
          acts or things to be done by it as provided herein.

     This Note and the Common Stock  issuable upon  conversion of this Note were
issued  under  Regulation  D  under  the  Act  and  may be  transferred  only in
accordance therewith and as provided in the legends set forth in this Note.

     The Lender  shall not,  by virtue  hereof,  be  entitled to any rights of a
shareholder  in the  Borrower,  either at law or  equity,  and the rights of the
Lender  are  limited  to those  expressed  in the  Note and are not  enforceable
against the Borrower except to the extent set forth herein.

<PAGE>

     The Conversion Price and the number and kind of securities purchasable upon
the  conversion  of the Note  shall be subject  to the  following  anti-dilution
provisions as adjustments from time to time upon the happening of certain events
are follows:

     12.5 In  case  the  Borrower  shall  (i)  declare  a  dividend  or  make  a
          distribution  on its  outstanding  shares of Common Stock in shares of
          Common Stock,  (ii) subdivide or reclassify its outstanding  shares of
          Common  Stock  into a greater  number of shares,  or (iii)  combine or
          reclassify  its  outstanding  shares  of Common  Stock  into a smaller
          number of shares,  the  Conversion  Price in effect at the time of the
          record date for such dividend or distribution or of the effective date
          of such subdivision, combination or reclassification shall be adjusted
          so that it  shall  equal  the  price  determined  by  multiplying  the
          respective  Conversion  Price by a fraction,  the denominator of which
          shall be the number of shares of Common Stock outstanding after giving
          effect to such action,  and the numerator of which shall be the number
          of  shares  of  Common  Stock  outstanding  immediately  prior to such
          action. Such adjustment shall be made successively  whenever any event
          listed above shall occur.

     12.6 Whenever the respective  Conversion  Price payable upon  conversion of
          each Note is adjusted  pursuant to Subsection (1) above, the number of
          Shares  purchasable upon conversion of this Note shall  simultaneously
          be adjusted by multiplying the respective  number of Shares  initially
          issuable upon  conversion of this Note by a fraction,  the denominator
          of which shall be the  Conversion  Price after  giving  effect to such
          action and the  numerator  of which shall be the  Conversion  Price in
          effect immediately prior to such action.

     12.7 No adjustment in the  Conversion  Price shall be required  unless such
          adjustment  would require an increase or decrease of at least one cent
          ($0.01) in such price; provided,  however, that any adjustment that by
          reason of this  Subsection  (3) is not  required  to be made  shall be
          carried  forward and taken into account in any  subsequent  adjustment
          required to be made hereunder.  All calculations under this Note shall
          be  made to the  nearest  cent or to the  nearest  one-hundredth  of a
          share,  as the  case may be.  Anything  in this  Note to the  contrary
          notwithstanding,  the  Borrower  shall be  entitled,  but shall not be
          required, to make such changes in the Conversion Price, in addition to
          those  required  by this  Note,  as it  shall  determine,  in its sole
          discretion, to be advisable in order that any dividend or distribution
          in shares of Common Stock,  or any  subdivision,  reclassification  or
          combination of Common Stock,  hereafter made by the Borrower shall not
          result in any federal  income tax  liability  to the holders of Common
          Stock or  securities  convertible  into Common  Stock  (including  the
          Note).

     12.8 In the event  that at any  time,  as a result  of an  adjustment  made
          pursuant to Subsection (1) above,  the Lender  thereafter shall become
          entitled  to receive  any shares of the  Borrower,  other than  Common
          Stock, thereafter the number of such

<PAGE>

          other  shares so  receivable  upon  conversion  of this Note  shall be
          subject  to  adjustment  from time to time in a manner and on terms as
          nearly equivalent as practicable to the provisions with respect to the
          Common Stock contained in Subsections (1) to (3) inclusive above.

     12.9 Irrespective of any adjustments in the respective  Conversion Price or
          the related number or kind of shares  purchasable  upon  conversion of
          this Note,  Notes  theretofore  or  thereafter  issued may continue to
          express  the same price and number and kind of shares as are stated in
          the similar Note initially issuable pursuant to this Note.

     Whenever the respective  Conversion  Price shall be adjusted as required by
the  provisions  of the  foregoing,  the Borrower  shall  forthwith  file in the
custody of its Secretary or an Assistant  Secretary at its principal  office, an
officer's certificate showing the adjusted Conversion Price determined as herein
provided,   setting  forth  in  reasonable   detail  the  facts  requiring  such
adjustment,  including a statement of the number of related additional shares of
Common  Stock,  if any,  and such other facts as shall be  necessary to show the
reason for and the manner of  computing  such  adjustment.  Each such  officer's
certificate  shall be made available at all  reasonable  times for inspection by
the Lender  executed and  delivered  by the  Borrower  and the  Borrower  shall,
forthwith  after each such  adjustment,  mail a copy by  certified  mail of such
certificate to the Lender.

     So long as this Note shall be  outstanding,  (i) if the Borrower  shall pay
any  dividend  or make any  distribution  upon the  Common  Stock or (ii) if the
Borrower shall offer to the holders of Common Stock for subscription or purchase
by them any share of any class or any other rights, options or warrants or (iii)
if a capital  reorganization  of the Borrower,  reclassification  of the capital
stock of the  Borrower,  consolidation  or merger of the  Borrower  with or into
another corporation,  sale, lease or transfer of all or substantially all of the
property  and assets of the  Borrower to another  corporation,  or  voluntary or
involuntary  dissolution,  liquidation  or winding up of the  Borrower  shall be
effected,  then in any such  case,  the  Borrower  shall  cause to be  mailed by
certified  mail to the  Holder,  at least  fifteen  (15) days  prior to the date
specified,  as the case may be, a notice  containing a brief  description of the
proposed  action and stating the date on which a record date is to be determined
for the purpose of such dividend,  distribution or issue of rights,  options, or
warrants  or  such  reclassification,   reorganization,  consolidation,  merger,
conveyance,  lease, dissolution,  liquidation or winding up is to take place and
the date, if any is to be fixed as of which the holders of Common Stock or other
securities   shall  receive  cash  or  other  property   deliverable  upon  such
reclassification,    reorganization,    consolidation,    merger,    conveyance,
dissolution,  liquidation  or winding up. The failure to give such notice  shall
not otherwise affect the action take by the Borrower.

     In case of any reclassification,  capital reorganization or other change of
outstanding shares Common Stock of the Borrower, or in case of any consolidation
or merger of the Borrower with or into another  corporation (other than a merger
with a subsidiary in which merger the Borrower is the continuing corporation and
that does not result in any  reclassification,  capital  reorganization or other
change of outstanding shares of Common Stock of the class

<PAGE>

issuable  upon  conversion  of  this  Note)  or in case of any  sale,  lease  or
conveyance  to  another  corporation  of  the  property  of the  Borrower  as an
entirety,  the Borrower  shall,  as a condition  precedent to such  transaction,
cause  effective  provisions  to be made so that the Holder shall have the right
thereafter,  by converting  this Note at any time prior to the expiration of the
Note, to receive the kind and amount of shares of stock an other  securities and
property receivable upon such reclassification, capital reorganization and other
change, consolidation,  merger, sale or conveyance by a holder of such number of
shares of Common Stock that might have been  received  upon  conversion  of this
Note immediately prior to such reclassification,  change, consolidation, merger,
sale or conveyance.  Any such provision shall include  provision for adjustments
that shall be as nearly  equivalent  as may be  practicable  to the  adjustments
provided for in this Note.  The  foregoing  provisions of this  paragraph  shall
similarly apply to successive  reclassifications,  capital  reorganizations  and
changes of shares of Common  Stock and to  successive  consolidations,  mergers,
sales or  conveyances.  In the event that in  connection  with any such  capital
reorganization or reclassification,  consolidation,  merger, sale or conveyance,
additional  shares of Common  Stock  shall be  issued in  exchange,  conversion,
substitution  or payment,  in whole or in part,  for a security of the  Borrower
other than Common  Stock,  any such issue shall be treated as an issue of Common
Stock covered by the provisions contained in this Note.

13.      RANKING OF NOTE AND APPLICABLE LAW

     This Note shall rank pari passu,  whatever  may be the actual date of issue
of the same.

     This Note shall be governed by and  interpreted in accordance with the laws
of the State of Florida.

     Any  controversy  or claim arising out of or relating to this Note (whether
in contract or tort,  or both,  or at law or in equity)  shall be  determined by
binding  arbitration  at  Fort  Lauderdale,  Florida,  in  accordance  with  the
commercial  arbitration  rules  of the  American  Arbitration  Association.  The
prevailing  party in any  arbitration  proceeding  shall be  awarded  reasonable
attorneys  fees and costs of the  proceeding.  The  arbitration  award  shall be
final,  and may be entered  in any court  having  jurisdiction.  Nothing in this
paragraph  shall  preclude  either party from  applying to a court for temporary
equitable relief, when appropriate, pending and subject to such temporary orders
and permanent award as the arbitrator or arbitrators may make.

     The Borrower and Lender  agree that the courts of Broward  County,  Florida
shall have exclusive  jurisdiction  and venue for the  adjudication of any civil
action  between  them  arising  out of relating  to this  Agreement,  and hereby
irrevocably consent to such jurisdiction and venue.

14.      WAIVER OF JURY TRIAL

     BY  ACCEPTANCE  HEREOF  LENDER AND BORROWER  AGREE THAT NEITHER  LENDER NOR
BORROWER, NOR ANY ASSIGNEE, SUCCESSOR, HEIR OR LEGAL REPRESENTATIVE OF EITHER OF
THEM (ALL OF WHOM ARE HEREINAFTER

<PAGE>

REFERRED  TO AS  THE  "PARTIES")  SHALL  SEEK  A  JURY  TRIAL  IN  ANY  LAWSUIT,
PROCEEDING,  COUNTERCLAIM,  OR ANY  OTHER  LITIGATION  PROCEDURE  BASED  UPON OR
ARISING  OUT OF THIS  NOTE,  ANY  SECURITY  INSTRUMENT  OR ANY OTHER  INSTRUMENT
EVIDENCING, SECURING OR RELATING TO THE INDEBTEDNESS EVIDENCED BY THIS NOTE, ANY
RELATED  AGREEMENT OR  INSTRUMENT,  ANY OTHER  COLLATERAL  FOR THE  INDEBTEDNESS
EVIDENCED  HEREBY  OR THE  DEALINGS  OR THE  RELATIONSHIP  BETWEEN  OR AMONG THE
PARTIES,  OR ANY OF THEM.  NONE OF THE PARTIES WILL SEEK TO CONSOLIDATE ANY SUCH
ACTION,  IN WHICH A JURY TRIAL HAS BEEN  WAIVED,  WITH ANY OTHER IN WHICH A JURY
TRIAL CANNOT BE OR HAS NOT BEEN WAIVED.  THE  PROVISIONS OF THIS  PARAGRAPH HAVE
BEEN FULLY  NEGOTIATED BY LENDER AND  BORROWER,  ARE A MATERIAL  INDUCEMENT  FOR
LENDER TO MAKE THE LOAN OR EXTENSION OF CREDIT  EVIDENCED BY THIS NOTE AND SHALL
BE SUBJECT TO NO EXCEPTIONS.  NEITHER LENDER NOR BORROWER HAVE IN ANY WAY AGREED
WITH OR  REPRESENTED TO THE OTHER THAT THE PROVISIONS OF THIS PARAGRAPH WILL NOT
BE FULLY ENFORCED IN ALL INSTANCES.

     Executed at __________________ on the date set forth above.

                                          CUIDAO HOLDING CORPORATION, a Florida
                                          corporation, BORROWER

                                              By:______________________________
                                                 C. Michael Fisher, President

<PAGE>

               EXHIBIT B TO THE CONVERTIBLE NOTE ACQUISITION AGREEMENT

Prepared by & Return to:
Mintmire & Associates
265 Sunrise Ave., Suite 204
Palm Beach, Florida 33480

                         MORTGAGE AND SECURITY AGREEMENT

THIS  MORTGAGE AND SECURITY  AGREEMENT IS GIVEN BY BORROWER AS PART OF A CERTAIN
CONVERTIBLE NOTE ACQUISITION AGREEMENT DATED THE SAME DATE AS THIS AGREEMENT AND
IS FURTHER CONDITIONED UPON AND/OR LIMITED BY THE TERMS AND CONDITIONS SET FORTH
THEREIN. ANY HOLDER OF THIS MORTGAGE AND SECURITY AGREEMENT IS ADVISED TO REVIEW
A COPY OF THIS  CONVERTIBLE  NOTE  ACQUISITION  AGREEMENT FOR SUCH ADDITIONAL OR
OTHER  TERMS AND  CONDITIONS  WHICH MAY APPLY TO THIS  AGREEMENT.  A COPY OF THE
CONVERTIBLE NOTE ACQUISITION  AGREEMENT IS MAINTAINED AT THE OFFICES OF BOTH THE
BORROWER AND THE LENDER FOR SUCH REVIEW.

THIS MORTGAGE  REPRESENTS A SECOND  MORTGAGE  UPON THE PROPERTY  AFTER THE FIRST
MORTGAGE HELD BY SANDRA COOPER RECORDED ON 2951 SIMMS STREET REAL ESTATE LOCATED
IN HOLLYWOOD, FLORIDA, AND RECORDED ______________,1999, IN OFFICIAL RECORD BOOK
______, AT PAGE ______, OF THE PUBLIC RECORDS OF BROWARD COUNTY, FLORIDA.

1.       IDENTIFICATION OF BORROWER

                                          Borrower's  name an address is:
                                          CUIDAO  HOLDING  CORP.
                                          2951 SIMMS  STREET
                                          HOLLYWOOD, FL 33020-1510

     Borrower may change such address from time to time by giving  notice to the
Lender as provided in Paragraph 17.

2.       IDENTIFICATION OF LENDER

         Lender's name and address is:
                                          WM PROPERTIES OF SOUTH FLORIDA, INC.
                                          1800 N. DIXIE HIGHWAY
                                          HOLLYWOOD, FL 33020

     Lender may change such address from time to time by giving  Borrower notice
as provided in Paragraph 17.

<PAGE>

3.       DESCRIPTION OF NOTE SECURED BY THIS MORTGAGE

     Borrower  owes Lender the  principal sum of Two Hundred Fifty Five Thousand
United States Dollars  ($255,000.00)  together with interest accruing thereon as
evidenced  by its note to  Lender  (the  "Note")  dated  the  same  date as this
Mortgage  and which  requires  payment as therein  set forth with all sums owing
thereon. The Note and this Mortgage and Security Agreement are part of a certain
Convertible   Note  Acquisition   Agreement  of  even  date  (the   "Acquisition
Agreement"),  which Acquisition Agreement,  by reference herein, is incorporated
into this Agreement in its entirety.

4.       DESCRIPTION OF PROPERTY MORTGAGED

     Property being mortgaged (the "Real Property") is described as follows:

The South 174 feet, less the East 150 feet thereof,  of that portion of parcel B
lying  Between N. 29th Court and No. 30th Avenue,  as shown on the Plat of SOUTH
FLORIDA  INDUSTRIAL PARK,  according to the Plat thereof,  recorded in Plat Book
63, Page 38 of the Public Records of Broward County, Florida.

together with all of the following:

     4.1  all improvements now or later placed on the Real Property;

     4.2  all rents and profits received in connection with the Real Property;

     4.3  all easements, fixtures, benefits, and other appurtenances that may at
          any time benefit the Real Property;

     4.4  all  development  and  utilities  rights  that  might  at any  time be
          available to the Real Property;

     4.5  all  goods in which  Borrower  owns an  interest  affixed  or that may
          become affixed to the Real Property;

     4.6  all accounts receivable,  general  intangibles,  actions and rights in
          action,  in which Borrower now or hereafter has any rights,  including
          all of its  rights  under  contracts  with  any  architect,  engineer,
          surveyor,  subcontractor,  and  supplier in  connection  with the Real
          Property,  all of which  contracts  Borrower hereby assigns to Lender,
          together  with all plans,  specifications,  drawings,  schedules,  and
          copyrights included therein;

     4.7  all rights to insurance policies and proceeds, all licenses,  building
          and  business  permits,  and all  utility  reservations  and rights to
          receive utility services,  and all rights to and under fees or charges
          paid by Borrower or on Borrower's  behalf in connection  with the Real
          Property;

<PAGE>

     4.8  all equipment,  furnishings, and appliances, in which Borrower now has
          or may hereafter acquire any rights, used or useful in connection with
          the Real Property;

     4.9  all other  rights that  Borrower has or will have as owner of the Real
          Property;

     4.10 together  with  all  proceeds,  products,   replacements,   additions,
          substitutions, renewals, and accessions of any of the foregoing items.

     Borrower  refers below to all of these  properties,  rights,  and interests
that Borrower encumbers by this Mortgage as the "Property."

5.       MORTGAGE OF PROPERTY TO LENDER

     By executing this instrument,  Borrower mortgages the Property to Lender to
secure  Borrower's  performance  of its promises  made in the  Convertible  Note
Acquisition  Agreement,  the Note  and  this  Mortgage.  Subject  to any  terms,
conditions  or  limitations   contained  in  the  Convertible  Note  Acquisition
Agreement or the Note, this means Borrower gives Lender all of those rights that
the law gives to lenders who hold  mortgages on property as well as those rights
set forth in this Mortgage.

6.       PROMISES

     Borrower makes the following promises to Lender:

     6.1  Warranty.  Subject to the first  mortgage  on the  Property,  Borrower
          fully  warrants  the title to the  Property  and will  defend the same
          against the lawful claims of all others.  This means Borrower owns the
          Property and will defend its ownership against all claims.

     6.2  Compliance with Terms of Convertible Note Acquisition Agreement,  Note
          and  Mortgage.  Borrower  will  comply  with  all  of  the  terms  and
          provisions of , the Convertible Note Acquisition  Agreement,  the Note
          and this Mortgage.

     6.3  Taxes and Assessments. Borrower will pay all taxes and assessments and
          any other charge  levied  against or which could become a lien against
          the Property  [as well as all taxes  imposed,  levied,  or assessed on
          this Mortgage or the  indebtedness  secured  hereby (but excluding any
          income type tax)] when due [and,  in any event,  before the end of the
          year in which the same  become  due] [and,  in any event,  before they
          become delinquent or subject to interest charges or penalty].

     6.4  Insurance.   Borrower   will  keep  the  Property   insured  for  full
          replacement cost. All such policies must:

          (a)  provide  that all  payments due by Borrower are payable to Lender
               in accordance with the intent of the Convertible Note Acquisition
               Agreement and Note as mortgagee; and

<PAGE>

          (b)  require not less than  thirty  (30) days notice to Lender  before
               they may be canceled.

     Borrower will renew all such  insurance  policies not less than thirty (30)
days  before  they would  expire.  Borrower  will  notify  Lender of any loss or
damage.  If any moneys become payable,  Lender will have the right to reduce the
amount  owing on the Note as if  Borrower  had made a  prepayment  or apply them
toward the restoration of the Property.

7.       AGREEMENTS OF BORROWER CONCERNING THE PROPERTY

     Borrower agrees:

          7.1  to  maintain  the  Property  in good and  functioning  condition,
               performing all repairs, replacements and maintenance necessary to
               preserve the Property's value;

          7.2  not to permit any waste or deterioration of the Property;

          7.3  not to permit  the  demolition,  destruction  or  removal  of any
               portion of the Property  without first securing  Lender's written
               consent;

          7.4  to permit Lender or its  representative to enter upon and inspect
               the Property from time to time.

          7.5  not to  further  encumber  any  interest  in or any  part  of the
               Property without the prior written consent of the Lender.

8.       SECURITY AGREEMENT

     Some items of the Property are personal property (the "Personal Property").
Borrower grants Lender a security  interest in the Personal Property and against
all  additions  to,  replacements  of, and  proceeds of the  Personal  Property.
Although  this Mortgage is a  self-operative  security  agreement  affecting the
Personal  Property,  Borrower  agrees to execute and deliver to Lender any other
written instrument that Lender might reasonably demand to create or evidence its
security interest.  In addition to all other available remedies,  Lender has all
of the  rights  and  remedies  of a  secured  party  under the  Florida  Uniform
Commercial Code.

9.       MAXIMUM LOAN CHARGES

     Lender  agrees that it will not charge  interest or other loan charges that
exceed  the  maximum  lawful  rate,  it being  Lender's  intent  not to charge a
usurious  interest rate. If it is discovered that interest or other loan charges
exceed the maximum  lawful rate,  Borrower will give Lender the  opportunity  to
refund to Borrower that amount  collected which exceeded the maximum lawful rate
plus  interest on that amount at the maximum  lawful  rate.  In no event may any
prepayment charge be made or prepayment  prohibition  provision apply.  Borrower
will  then  modify  this  Mortgage  and the  Note so that  Borrower  will not be
required to pay further  interest or other loan  charges that exceed the maximum
lawful rate.

<PAGE>

10.      CONDEMNATION

     Borrower  agrees that if the Property or any part of it is condemned  under
any power of  condemnation,  or  acquired  for a public use,  then the  damages,
proceeds,  and consideration  given for such  acquisition,  to the extent of its
obligations  to Lender,  will be paid to Lender if such payment is in accordance
with the intent of the  Convertible  Note  Acquisition  Agreement and Note to be
applied on account of Borrower's obligations to Lender, whether due or not.

11.      PERFORMANCE OF OTHER ENCUMBRANCES

     Borrower agrees to comply with all of the terms and conditions of any other
mortgages or  encumbrances  that affect the Property.  Borrower  agrees that its
failure  to comply  with or fully  perform  the terms  and  conditions  of other
encumbrances against the Property shall constitute a default under this Mortgage
and shall entitle Lender,  at Lender's  option,  to exercise any right available
for Borrower's default under this Mortgage.

12.      OBLIGATIONS OF PERSONS UNDER THIS NOTE

     Any person or entity who is a  guarantor,  co-maker,  surety or endorser of
the Note is fully and  personally  obligated to keep all of the promises made in
the Note and this  Mortgage,  including the promise to pay the full amount owed.
Any person or entity who takes over these obligations, including the obligations
of a guarantor,  co-maker,  surety or endorser of the Note, is also obligated to
keep all of the promises made in this Mortgage and in the Note.  All  subsequent
owners of the  Property  must  keep all of my  promises  made in this  Mortgage.
Lender may enforce its rights under the Convertible Note Acquisition  Agreement,
the Note and this Mortgage against each person or entity individually or against
all of them together.

13.       APPLICATION OF PAYMENTS

     All payments  received by Lender or attributable  as a reduction  amount to
the unpaid  principal  under the Note shall be  applied:  first,  to  previously
accrued  but unpaid  interest  under the Note;  second,  to charges  for overdue
payments  that are due under the Note;  third,  to  amounts  payable  for taxes,
insurance,  or other  advances  made by Lender  on  Borrower's  behalf,  if any;
fourth,  to deposits  that  Borrower must pay, if any, for the payment of future
taxes and insurance; fifth, to current interest due; and last to principal.

14.      APPOINTMENT OF RECEIVER

     Borrower  agrees  that  Lender  may,  at any  time  pending  a suit on this
Mortgage,  apply to the  court  having  jurisdiction  for the  appointment  of a
receiver;  and such court shall immediately  appoint a receiver of the Property,
including all income, profits, issues, and revenues from whatever source derived
relating to the Property, all of which, is hereby mortgaged,  as if specifically
set forth and

<PAGE>

described in this Mortgage.  Such  appointment  shall be made by the court as an
admitted equity and a matter of absolute right to Lender,  and without reference
to the adequacy or  inadequacy  of the value of the  Property,  or to Borrower's
solvency or insolvency.  Such rents, profits, income, issues, and revenues shall
be  applied  by the  receiver  according  to the lien of this  Mortgage  and the
practice of the court.

15.      ACCELERATION AND REMEDIES UPON DEFAULT

     Time is of the essence in Borrower's  payment of amounts due under,  and in
its  performance  of  all  promises  under,  the  Convertible  Note  Acquisition
Agreement,  the Note or this  Mortgage.  If Borrower  fails to keep any promises
made in or satisfy  requirements of this Mortgage and does not cure that failure
within fifteen (15) days following date on which Lender gives notice as provided
in the paragraph below entitled "Giving of Notices;" or if Borrower is dissolved
or  liquidated;  then Borrower will be in default  without notice and Lender may
require  Borrower to pay  immediately the full amount of the principal which has
not been paid and all the  interest  that  Borrower  owes on that amount and any
other amounts that Borrower may owe pursuant to the Note or this  Mortgage,  and
Lender may, in addition to pursuing other  remedies,  foreclose this Mortgage by
judicial proceeding and sale of the Property.

16.      PAYMENT OF LENDER'S ATTORNEYS FEES, COSTS AND EXPENSES

     If Borrower is in default as described above, Lender will have the right to
be repaid by Borrower for all of Lender's  costs and expenses in enforcing  this
Mortgage,  the Convertible Note Acquisition  Agreement or the Note to the extent
not prohibited by applicable law. Those expenses  include,  without  limitation,
reasonable  attorneys' fees (before trial, at trial, or on appeal), and the cost
of a title abstract or other search for the Property.

17.      GIVING OF NOTICES

     Unless applicable law requires a different  method,  any notice to be given
to Borrower under this Mortgage will be given by personally  delivering it or by
mailing it by  registered  mail,  return  receipt  requested  to Borrower at the
address provided above, or at a different address if Borrower has given Lender a
written notice of a different address for it.

     Any notice that must be given to Lender under this  Mortgage  will be given
by mailing it by  registered  mail,  return  receipt  requested to Lender at the
address  stated  above,  or at a different  address if Borrower has been given a
notice of that different address.

18.      FORECLOSURE OF OTHER LIENS

     If  foreclosure  proceedings  of any mortgage or lien of any kind affecting
the Property,  whether  superior or inferior to this Mortgage,  are  instituted,
then Lender may at its option, immediately or thereafter,  declare this Mortgage
and the entire indebtedness secured hereby due and payable.

<PAGE>

19.      NO WAIVER BY LENDER

     If, at a time when Borrower is in default, Lender does not require Borrower
to pay  immediately  in full as  described  above,  this will not be a waiver of
Lender's  rights and Lender will still have the right to do so if Borrower is in
default at a later time.

20.      RIGHT TO CURE

     If Borrower defaults on any of its promises or agreements contained in this
Mortgage or in the  Convertible  Note  Acquisition  Agreement or this Note, then
without  prejudicing  Lender's right to other remedies,  Lender may perform that
promise or agreement  on  Borrower's  behalf,  and all  expenditures  (including
reasonable  attorney's  fees) made by Lender in so doing shall bear  interest at
the highest legal rate, and shall be repayable  immediately  and,  together with
interest and costs accruing thereon, shall be secured by this Mortgage.

21.      FUTURE ADVANCES

     This Mortgage secures not only existing  indebtedness,  but also any future
advances  that Lender might make to Borrower  within  twenty (20) years from the
date of this  Mortgage,  whether  Lender is obligated to make those  advances or
Lender  makes them at its  discretion.  This  Mortgage  will  secure such future
advances even if no advance is made on the date of this Mortgage and although no
indebtedness  is outstanding  when any advance is made.  The total  indebtedness
secured by this Mortgage may decrease or increase from time to time, but it will
not at any time exceed two times the face amount of the Note,  plus interest and
any  disbursements  that Lender  makes on  Borrower's  behalf for the payment of
taxes, insurance, or other reasons.

22.      NO TRANSFER WITHOUT CONSENT

     The loan  represented by this Mortgage,  the Convertible  Note  Acquisition
Agreement and the Note is personal to the Borrower.  Borrower I recognizes  that
Lender has made the loan based on its credit and character,  and on its judgment
of Borrower's ability to repay the loan.  Accordingly,  this Mortgage may not be
assumed  by any  subsequent  holder  of any  interest,  title,  or  claim to the
Property without Lender's written consent.  If Borrower  attempts,  at any time,
directly or indirectly, to lease the Property for a period of more than five (5)
years,  grant an option to purchase the Property,  sell, convey, or transfer any
interest or title in the Property without Lender's  written  approval,  then the
remaining  principal balance on the Note and all accrued interest  thereon,  and
all other sums secured by this Mortgage will, at Lender's option, without notice
or demand, become immediately due and payable.

23. GOVERNING LAW; SEVERABILITY

     This Mortgage shall be governed by the law of the State of Florida.  In the
event that any  provision  or clause of this  Mortgage or of the Note  conflicts
with  applicable  law, such conflict  shall not affect other  provisions of this
Mortgage, the Convertible Note Acquisition Agreement or the

<PAGE>

Note which can be given effect without the  conflicting  provision.  To this end
the provisions of this Mortgage,  the Convertible Note Acquisition Agreement and
the Note are declared to be severable . 24. HAZARDOUS WASTE

     Borrower  warrants that the Property is not polluted or contaminated by any
hazardous or toxic materials,  and, to the best of Borrower's knowledge, has not
in the  past  and  is not  presently  being  used  for  the  handling,  storage,
treatment,  generation,  transportation,  or  disposal  of  hazardous  or  toxic
materials.  Also  Borrower  warrants  that the Property  contains no asbestos or
asbestos- containing  materials,  nor does it contain underground storage tanks.
Borrower  agrees that it will not at any time in the future  permit the Property
to be polluted or contaminated  with hazardous or toxic  materials,  and it will
comply in all  respects  with all legal  requirements  intended  to protect  the
environment  that might apply to the Property or to  activities on the Property.
Borrower agrees to indemnify, defend, and hold Lender harmless from all charges,
losses,  damages,  penalties,  claims, expenses (including reasonable attorneys'
fees and court costs before trial, and at trial and appellate levels),  actions,
liabilities,  and obligations incurred by or asserted against Lender relating to
or arising from any claimed or actual pollution or contamination of the Property
with hazardous or toxic materials. Borrower agrees that Lender may, and Borrower
gives  Lender or its  representatives  an easement to enter upon the Property at
any time for the purpose of inspecting the Property for, and for conducting such
tests and  inspections as Lender in its discretion  might desire for discovering
the potential of, the  existence of hazardous or toxic  materials.  If Lender at
any time  determine  that  hazardous  or toxic  materials  may be present on the
Property,  or that the  Property is being used for the use,  handling,  storage,
treatment,  generation,  transportation,  or  disposal  of  hazardous  or  toxic
materials,  then  Lender may  require  that  Borrower  immediately  correct  any
violations  of law with  respect to those  materials  and  obtain all  necessary
environmental permits and approvals with respect to those materials.  Borrower's
failure to correct any such  violation  of the laws or to obtain such  necessary
environmental  permits and approvals  within a reasonable time will be a default
under this  Mortgage.  For purposes of this  paragraph,  the term  "hazardous or
toxic  materials"  will  include,  without  limitation,  petroleum and petroleum
products,  asbestos,  and all other  substances  that are  regulated by federal,
state, or local environmental laws or regulations or the presence of which could
expose the owner,  occupant,  or operator of the  Property,  under any  statute,
regulation,  or legal theory,  to liability for any damages,  clean up costs, or
other losses or expenses.

25.      ASSIGNMENT OF RENTS AND LEASES

     Borrower  assigns to Lender and gives  Lender a  security  interest  in all
leases of the Property and all rents and revenues  from the  Property.  However,
Borrower  will  continue  to collect  and use these  rents and  revenues as they
become  due and  payable  for so  long as  Borrower  is not in  default  on this
Mortgage,  the Convertible Note Acquisition  Agreement or the Note provided that
Borrower  will not  accept  money  from any  tenant  for more  than one month in
advance. If Borrower is ever in default, however, Borrower agrees that Lender is
entitled,  without  demand,  to all such rents and  revenues,  which Lender will
apply first,  first,  to previously  accrued but unpaid interest under the Note;
second, to late charges due under the Note; third, to amounts payable for taxes,
insurance,  or other  advances  made by Lender  on  Borrower's  behalf,  if any;
fourth,  to deposits  that  Borrower must pay, if any, for the payment of future
taxes and  insurance;  fifth,  to current  interest  due; and last to principal'
however, such application will not cure any default.

<PAGE>

26.      COST OF RECORDING SATISFACTION OF MORTGAGE

     At such time as Borrower  will become  entitled to a  satisfaction  of this
Mortgage,  then Borrower will be  responsible  to pay the cost of recording such
Satisfaction of this Mortgage.

27.      WAIVER OF RIGHT TO JURY TRIAL

     LENDER  AND  BORROWER  BOTH AGREE THAT  NEITHER OF THEM,  NOR THEIR  HEIRS,
SUCCESSORS, OR ASSIGNS (THE "PARTIES"),  WILL SEEK A JURY TRIAL IN ANY LAW SUIT,
PROCEEDING,  COUNTERCLAIM, OR ANY OTHER LITIGATION PROCEDURE BASED ON OR ARISING
OUT OF THIS MORTGAGE,  THE CONVERTIBLE NOTE  ACQUISITION  AGREEMENT OR THE NOTE.
NONE OF THE  PARTIES  WILL SEEK TO  CONSOLIDATE  ANY SUCH ACTION IN WHICH A JURY
TRIAL HAS BEEN WAIVED WITH ANY OTHER IN WHICH A JURY TRIAL  CANNOT BE OR HAS NOT
BEEN WAIVED.  BORROWER  ACKNOWLEDGES  THAT THE PROVISIONS OF THIS PARAGRAPH HAVE
BEEN FULLY NEGOTIATED BY LENDER AND BORROWER,  ARE A MATERIAL INDUCEMENT FOR THE
LOAN, THE REPAYMENT OF WHICH IS SECURED BY THIS  MORTGAGE,  AND SHALL BE SUBJECT
TO NO EXCEPTIONS.

Executed at __________________ on the date set forth above.

                                          CUIDAO HOLDING CORPORATION, a Florida
                                          corporation

                                              By:______________________________
                                                 C. Michael Fisher, President

Signed, sealed and delivered in our presence:

-------------------------------------      ------------------------------------
WITNESS                                    WITNESS
------------------------------------       ------------------------------------
(WITNESS'S PRINTED NAME)                   (WITNESS'S PRINTED NAME)

STATE OF FLORIDA

COUNTY OF BROWARD

     The  foregoing  instrument  was  acknowledged  before  me this  ____ day of
August,  2000 by C. Michael  Fisher,  President of CUIDAO HOLDING CORP.,  who is
personally known to me, or who produced __________  _________________________ as
identification,    and    who   did    (did    not)    take    an    oath    and
_________________________and ____________________________ as witnesses.

<PAGE>

                                                -------------------------------
             seal                               Notary Public
                                                My Commission Expires:__________

<PAGE>

            EXHIBIT C TO THE CONVERTIBLE NOTE ACQUISITION AGREEMENT

Prepared by & Return to:
Mintmire & Associates
265 Sunrise Ave., Suite 204
Palm Beach, Florida 33480

                            RELEASE AND SATISFACTION

     KNOW ALL MEN BY THESE PRESENTS that the undersigned, WM PROPERTIES OF SOUTH
FLORIDA,  INC.  acknowledges  full payment of the  indebtedness  secured by that
certain  mortgage,  dated August 31, 2000,  made and executed by CUIDAO  HOLDING
CORP.  to WM  PROPERTIES  OF SOUTH  FLORIDA  INC.  to secure the  payment of the
principal  sum  of  TWO  HUNDRED  FIFTY  FIVE  THOUSAND  UNITED  STATES  DOLLARS
($255,000.00),  which  mortgage  was duly  recorded on  ______________,2000,  in
Official  Record Book ______,  at Page ______,  of the Public Records of Broward
County,  Florida,  and which  mortgage  was secured on 2951 /2953 Simms  Street,
Hollywood, Florida whose legal description is as follows:

         The South 174 feet, less the East 150 feet thereof,  of that portion of
         parcel B lying  Between N. 29th Court and No. 30th Avenue,  as shown on
         the  Plat of  SOUTH  FLORIDA  INDUSTRIAL  PARK,  according  to the Plat
         thereof,  recorded  in Plat Book 63,  Page 38 of the Public  Records of
         Broward County, Florida.

On  recordation  of  this  instrument,  the  mortgage  shall  be and is  forever
discharged,  and the undersigned  does further release and satisfy the mortgage.
The mortgage has not been assigned.

     This Release and  Satisfaction  was given as part of a certain  Convertible
Note Acquisition  Agreement dated August 31, 2000 and held in escrow pursuant to
the terms of such  agreement to secure the  performance  of CUIDAO HOLDING CORP.
under the terms thereof and the terms of a certain Mortgage Note of even date.

     IN WITNESS  WHEREOF,  the  Mortgage  Holder has  executed  this Release and
Satisfaction on August 31, 2000.

                                           WM PROPERTIES OF SOUTH FLORIDA, INC.

                                           By:_______________________________

Signed, sealed and delivered in our presence:
-----------------------------------       -------------------------------------
WITNESS                                   WITNESS
-----------------------------------       -------------------------------------
(WITNESS'S PRINTED NAME)                  (WITNESS'S PRINTED NAME)
STATE OF FLORIDA

<PAGE>

COUNTY OF BROWARD

     The  foregoing  instrument  was  acknowledged  before  me this  ____ day of
August,  2000 by  _____________________,  President  of WM  PROPERTIES  OF SOUTH
FLORIDA,  INC.,  who is  personally  known  to me,  or who  produced  __________
_________________________ as identification,  and who did (did not) take an oath
and    __________________________and     _________________________________    as
witnesses.

                                                -------------------------------
             seal                               Notary Public

                                                My Commission Expires:_________EXHIBIT 10.27

                   SECOND CONVERTIBLE NOTE ACQUISITION AGREEMENT

Section 1.  Parties

1.1 This  Agreement is made and entered into the 26th day of September 2000 (the
"Effective  Date"),  by  and  between  Cuidao  Holding   Corp.(hereinafter   the
"Seller"), and WM Properties of South Florida, Inc.( hereinafter the "Buyer").

Section 2.  Definition and Accounting Terms

2.1.    Definitions.  As used in this Agreement:

          (a)  "Act" means the Securities Act of 1933, as amended.

          (b)  "Affiliate"  means any Person  (i) that  directly  or  indirectly
               controls,  or is controlled  by, or is under common  control with
               the Borrower or a Subsidiary; or (ii) that directly or indirectly
               beneficially owns or holds five percent (5%) or more of any class
               of voting stock of the Borrower or any Subsidiary;  or (iii) five
               percent  (5%) or more of the voting stock of which is directly or
               indirectly  beneficially  owned  or  held  by the  Borrower  or a
               Subsidiary.

          (c)  "Agreement"  means  this  Second   Convertible  Note  Acquisition
               Agreement,  as amended,  supplemented  or  modified  from time to
               time.

          (d)  "Buyer" means WM Properties of South Florida, Inc., a corporation
               formed under the laws of the State of Florida..

          (e)  "Business  Day"  means any day other than a  Saturday,  Sunday or
               other day on which commercial banks in New York are authorized or
               required to close under the laws of the State of New York.

          (f)  "Capital  Lease"  means  all  leases  that have been or should be
               capitalized on the books of the lessee in accordance with GAAP.

          (g)  "Closing  Date" means  September  26, 2000, or such other date as
               the Buyer and Seller may agree in writing to be the Closing Date.

          (h)  "Code"  means the US Internal  Revenue  Code of 1986,  as amended
               from   time  to  time,   and  the   regulations   and   published
               interpretations thereof.

          (i)  "Collateral" means 2951 / 2953 Simms Street,  Hollywood,  Florida
               33020  that is subject to the Lien  granted by the  Mortgage  and
               Security  Agreement and such other  collateral as defined in such
               agreement;

<PAGE>

          (j)  "Common  Stock" means the  Seller's  common  stock,  US$.0001 par
               value.

          (k)  "Commonly  Controlled  Entity"  means an  entity,  whether or not
               incorporated,  that is under  common  control  with  the  Seller,
               within the meaning of Section 414(b) or 414(c) of the Code.

          (l)  "Control"  (whether  or not  capitalized)  means the  possession,
               directly  or  indirectly,  of the  power to  direct  or cause the
               direction of the  management  and  policies of a Person,  whether
               through the  ownership  of voting  securities,  by  contract,  or
               otherwise.

          (m)  "Convertible  Note  Acquisition  Documents" means this Agreement,
               the Mortgage Note, and Mortgage and Security Agreement.

          (n)  "Debt" means (i)  indebtedness  or liability for borrowed  money;
               (ii) obligations evidenced by bonds,  debentures,  notes or other
               similar instruments;  (iii) obligations for the deferred purchase
               price of property or services (including trade obligations); (iv)
               obligations  under Capital Leases;  (v) obligations under letters
               of credit;  (vi) obligations under acceptance  facilities;  (vii)
               all  guaranties,  endorsements  (other  than  for  collection  or
               deposit in the ordinary course of business), and other contingent
               obligations to purchase,  to provide funds for payment, to supply
               funds to invest in any Person or entity, or otherwise to assure a
               creditor against loss; and (viii) all obligations  secured by any
               Liens, whether or not the obligations have been assumed.

          (o)  "Default"  means any of the events  specified in  paragraph  9.1,
               whether or not any  requirement  for the  giving of  notice,  the
               lapse  of  time,  or  both,  or  any  other  condition  has  been
               satisfied.

          (p)  "ERISA"  means the  Employee  Retirement  Income  Security Act of
               1974,  as  amended  from time to time,  and the  regulations  and
               published interpretations thereof.

          (q)  "Event of Default"  means any of the events  specified in Section
               9.01, provided that any requirement for the giving of notice, the
               lapse  of  time,  or  both,  or any  other  condition,  has  been
               satisfied.

          (r)  "Exchange  Act" means the  Securities  Exchange  Act of 1934,  as
               amended.

          (s)  "GAAP" means generally accepted accounting principles in the U.S.

          (t)  "Lien"  means  any  mortgage,  deed of  trust,  pledge,  security
               interest,   hypothecation,   assignment,   deposit   arrangement,
               encumbrance, lien (statutory or other), or preference,  priority,
               or other security agreement or preferential  arrangement,  charge
               or  encumbrance  of any  kind  or  nature  whatsoever  (including
               without  limitation any conditional sale or other title retention
               agreement,  any  financing  lease having  substantially  the same
               economic  effect as any of the  foregoing,  and the filing of any
               financing  statement,  charge or similar  notice under the law of
               any jurisdiction to evidence any of the foregoing.

          (u)  "Mortgage Note" shall be Convertible  Mortgage Note substantially
               in the form of Exhibit A to be  delivered  to the Buyer under the
               terms of this Agreement and more fully described in paragraph 3.3
               of this Agreement.

<PAGE>

          (v)  "Mortgage and Security  Agreement"  means a conditional  Mortgage
               and Security  Agreement in substantially the form of Exhibit B to
               be delivered by the Seller under the terms of this Agreement.

          (w)  "Multi-employer   Plan"  means  a  Plan   described   in  Section
               4001(a)(3) of ERISA.

          (x)  "PBGC"  means the Pension  Benefit  Guaranty  Corporation  or any
               entity succeeding to any or all of its functions under ERISA.

          (y)  "Person" means an individual, partnership,  corporation, business
               trust, joint stock company,  trust,  unincorporated  association,
               joint  venture,   governmental  authority,  or  other  entity  of
               whatever nature.

          (z)  "Plan"  means any  pension  plan  which is covered by Title IV of
               ERISA and in respect of which the Seller or a Commonly Controlled
               Entity is an "employer" as defined in Section 3(5) of ERISA.

          (aa) "Prohibited  Transaction"  means  any  transaction  set  forth in
               Section 406 of ERISA or Section 4975 of the Code.

          (bb) "Release"  means a Release and  Satisfaction  of the Mortgage and
               Security  Agreement in substantially  the form of Exhibit C to be
               delivered by the Buyer to Mintmire & Associates to hold in escrow
               under the terms of this Agreement.

          (cc) "Reportable  Event"  means any of the events set forth in Section
               4043 of ERISA.

          (dd) "SEC" means the Securities and Exchange  Commission of the United
               States of America.

          (ee) "Seller" means Cuidao  Holding Corp., a corporation  formed under
               the laws of the State of Florida.

          (ff) "Subsidiary"  means a corporation of which shares of stock having
               ordinary voting power (other than stock having such power only by
               reason of the happening of a contingency)  to elect a majority of
               the board of directors or other managers of that  corporation are
               at the time  owned,  or the  management  of  which  is  otherwise
               controlled,   directly   or   indirectly   through  one  or  more
               intermediaries, or both, by the Seller.

2.2. Singular and Plural Terms. As used in this Agreement,  terms defined in the
singular have the same meaning when used in the plural, and terms defined in the
plural have the same meaning when used in the singular.

<PAGE>

2.3.  Accounting  Terms. All accounting  terms not specifically  defined in this
Agreement  shall be  construed  in  accordance  with GAAP.  All  financial  data
submitted pursuant to this Agreement shall be prepared in accordance with GAAP.

Section 3.  Amount and Terms of the Convertible Note Acquisition Agreement

3.1. Convertible Note Acquisition.  The Buyer agrees on the terms and conditions
set forth in this Agreement to acquire, in exchange for $345,493.21 in cash (the
"Purchase  Price"),  a  convertible  note in the  principal  amount of  $495,000
convertible  into a total of 198,000 shares of the Company's  Restricted  Common
Stock which shall be held in escrow by Mintmire &  Associates  and  disbursed in
accordance with this Agreement (the "Escrowed Shares"). The Purchase Price shall
be used solely to pay off the Company's First Mortgage payable to Sandra Cooper,
by  assignment  from Em- Star  Mortgage  Co,  recorded on 2951 Simms Street real
estate located in Hollywood, Florida, and recorded February 4, 1999, in Official
Record  Book  29206,  at Page  1362,  of the Public  Records of Broward  County,
Florida with the First  Mortgage  payable to Em-Star  Mortgage  Co.  recorded in
Official  Record Book 29206, at Page 1355 (the  "Property").  The Purchase Price
shall be due and  payable  by the Buyer to the Seller on or before  October  31,
2000,  unless  such date is  extended by the  written  mutual  agreement  of the
parties hereto (the "Payment Delivery Date").

3.2.  Price  Guarantee.  The Seller  agrees that for a period of twenty one (21)
months from the Payment Delivery Date, to guarantee to the Buyer that its Common
Stock shall not fall below a closing bid price of $2.50 per share such that when
certain  incremental  allocations  of such shares are sold by Buyer  pursuant to
Rule  144  promulgated  under  the Act  ("Rule  144")  or such  allocations  are
calculated as provided herein that in the aggregate the value of the shares into
which the  Mortgage  Note is  convertible  shall have a value of  $495,000  (the
"Price  Guarantee").  To secure such Price  Guarantee,  Seller grants to Buyer a
mortgage upon the Property  convertible  into shares,  which  mortgage  shall be
evidenced  by the  Mortgage  Note  and  secured  by the  Mortgage  and  Security
Agreement,  both of which are more fully defined herein (collectively the "Price
Guarantee Collateral").

3.3  Mortgage  Note.  The  Seller's  Price  Guarantee  shall be evidenced by its
Mortgage Note in substantially  the form of Exhibit A attached to this Agreement
in the principal amount of $495,000. The Mortgage Note shall be delivered on the
Closing Date and held in escrow by Mintmire & Associates in accordance  with the
escrow  provisions set out in subparagraph 3.6. The Mortgage Note shall be dated
as of the Payment Delivery Date shall be due and payable twenty four (24) months
from such date. Commencing on the first anniversary of the Payment Delivery Date
and continuing for the next eight (8) successive months, Buyer shall be required
each such  month to convert a portion of the  Mortgage  Note into  shares of the
Seller's Common Stock, the mandatory conversion dates and number of shares to be
issued on each  mandatory  conversion  date are set forth in Schedule I attached
hereto (the "Monthly  Allocation").  Commencing on the Payment Delivery Date and
continuing on the last day of each of the next eight (8) successive  months, the
principal amount of the Mortgage Note shall be reduced by the greater of (i) the
actual gross proceeds  received by Buyer for sale of the Monthly  Allocation and
any previously  issued Monthly  Allocation shares not sold during the applicable
month during the applicable  month made in accordance with Rule 144, or (ii) the
average of the closing  price for the Seller's  Common Stock from the 1st day of
the

<PAGE>

applicable  month to the next to last day of the  applicable  month as quoted on
the OTC BB times the Monthly  Allocation  (the greater of subsection (i) or (ii)
hereinafter referred to as the "Incremental  Mortgage Reduction Amount"). In the
event  that  Incremental  Mortgage  Reduction  Amount is less  than the  Monthly
Allocation  times  $2.50 per share  during the  applicable  month  (the  "Target
Reduction  Amount"),  the difference between the Target Reduction Amount and the
Incremental  Mortgage  Reduction Amount realized shall bear interest at the rate
of 11.11% per annum until  paid.  To assist  Seller in making this  calculation,
Buyer agrees to provide  evidence of all sales made in the  applicable  month to
Seller  by the  tenth  (10th)  day  of the  succeeding  month.  Each  successive
Incremental  Mortgage  Reduction  Amount  shall be applied  first to accrued but
unpaid  interest and  thereafter as a reduction to principal.  At the end of the
term of the  Mortgage  Note,  all unpaid  principal  and  accrued  interest  not
otherwise  paid by the  incremental  reductions  to  principal  shall be due and
payable.  In the event that  incremental  reductions pay off the entire Mortgage
Note and any  accrued  but  unpaid  interest  prior to the end of the term,  any
Monthly  Allocation  shares not  previous  issued to Buyer shall be  immediately
issued,  the Mortgage Note shall be canceled and any unsold shares  delivered to
or held by Buyer,  if any, may be retained or sold by the Buyer pursuant to Rule
144 as he so elects.  If at any time  during the term of the  Mortgage  Note the
aggregate of all of the Incremental  Mortgage  Reduction  Amounts is equal to or
above $495,000, or at the end of the term at such time as Seller pays all unpaid
principal and accrued but unpaid interest, the entire Mortgage Note and Mortgage
and Security  Agreement shall be released and satisfied and Buyer (1) authorizes
Mintmire  &  Associates  to  provide  the  Seller  with  the  Release   executed
simultaneously  with  this  Agreement  and being  held in  escrow  by them;  (2)
authorizes the Seller to record the Release; and (3) agrees to cancel and return
the original Mortgage Note to the Seller.  Interest, if any, shall be calculated
on the basis of a year of 360 days.  Any unpaid  principal or accrued but unpaid
interest due at the end of the term shall be payable at the  Lender's  Principal
Office.

3.4. Mortgage and Security  Agreement.  The Mortgage Note,  together with all of
the  Seller's  other  obligations  under this  Agreement,  shall be secured by a
Mortgage and Security  Agreement in  substantially  the form of Exhibit B hereto
executed by the Seller.  The Mortgage and Security  Agreement shall be delivered
on the Closing  Date and held in escrow by Mintmire & Associates  in  accordance
with the escrow provisions set out in subparagraph 3.6.

3.5 Release.  Contemporaneously with the execution of this Agreement,  the Buyer
shall  execute a Release in  substantially  the form of  Exhibit C. The  Release
shall be  delivered  on the  Closing  Date  and held in  escrow  by  Mintmire  &
Associates in accordance with the escrow provisions set out in subparagraph 3.6.

3.6      Escrowed Documents, Escrowed Shares and Cancellation.

     (a)  Escrowed  Documents.  On the Closing Date, the Mortgage Note, Mortgage
          and Security Agreement and Release shall be held in escrow by Mintmire
          & Associates.

          (i)  In the event the Purchase  Price is paid on or before the Payment
               Delivery Date, Buyer shall provide Mintmire & Associates  written
               confirmation  within  three (3)  business  days that the Purchase
               Price has been paid.  In such  event,  Mintmire &  Associates  is
               authorized  by the Buyer and the  Seller  to insert  the  Payment
               Delivery Date in the Mortgage Note, the Mortgage and

<PAGE>

               Security  Agreement  and the Release and to deliver the  Mortgage
               Note  and  Mortgage  and  Security  Agreement  to the  Buyer  for
               recordation.  Mintmire &  Associates  shall  hold the  Release in
               escrow  until  the full and  complete  satisfaction  of  Seller's
               obligation  to  the  Buyer  in  accordance  with  the  terms  and
               conditions herein

          (ii) 1In the event  the  Purchase  Price is not paid on or before  the
               Payment Delivery Date, Seller shall provide Mintmire & Associates
               written  confirmation  that the Purchase Price has not been paid,
               in which event  Mintmire & Associates is authorized to cancel the
               Mortgage Note and Mortgage and Security Agreement and Release and
               return the cancelled originals to Seller.

     (b)  Escrowed  Shares.  On the Closing  Date,  Seller shall deliver one (1)
          certificate in the aggregate  amount of the Monthly  Allocations to be
          held in escrow pending payment or failure to pay the Purchase Price.

          (i)  In the event the Buyer has confirmed  that the Purchase Price has
               been paid by the Payment Delivery Date,  Mintmire & Associates is
               authorized to return the  certificate  to the transfer  agent for
               re-issuance  as  nine  (9)  certificates  in the  amounts  of the
               Monthly Allocations, each of which shall be delivered to Buyer no
               later  than five (5) days  after the first day of the  applicable
               month for such allocation.  Seller and Buyer authorize Mintmire &
               Associates  to release  such shares to Buyer as  required  herein
               without any further action on their part.

          (ii) In the event the Seller has confirmed that the Purchase Price has
               not been paid by the Payment Delivery Date, Mintmire & Associates
               is authorized to return the certificate to the transfer agent for
               cancellation.

     (c)  Cancellation.  In the event the Seller  has  confirmed  to  Mintmire &
          Associates  that the  Purchase  Price has not been paid by the Payment
          Delivery  Date,  this  Agreement  shall  become  null and void and all
          obligations shall cease as to each of the parties hereto.

3.7 Registration Under the Act. The Mortgage Note and any conversion shares into
which  it may be  converted  issued  pursuant  to this  Agreement  have not been
registered  under the Act.  Unless  and  until  registered  under  the Act,  the
Mortgage Note and any shares shall bear the following legend:

This Notes or any shares issued upon conversion  have not been registered  under
the Securities  Act of 1933, as amended (the "Act") or applicable  state law and
may not be sold,  transferred or otherwise  disposed of unless  registered under
the Act and any applicable  state act or unless the Company  receives an opinion
of counsel satisfactory to it that the Note or any shares issued upon conversion
may  be  transferred  without  registration  under  the  Act or  qualify  for an
exemption.

The Mortgage Note and any shares issued upon conversion shall be subject to Rule
144 and shall be restricted (the "Restricted Securities").

3.7      Piggyback Registration.

<PAGE>

     (a)  At any time that the Seller proposes to file a registration  statement
          on Form S-1 or other applicable form under the Act (the "Registrations
          Statement"),  either  for its own  account  or for  the  account  of a
          stockholder or stockholders,  the Seller shall give the Buyer or other
          holder (the "Holder")  written notice of its intention to do so and of
          the  intended  method of sale  (the  "Registration  Notice")  within a
          reasonable time prior to the  anticipated  filing date of the Seller's
          Registration Statement effecting such Seller registration.  Holder may
          request  inclusion of any Restricted  Securities in such  Registration
          Statement by delivering  to the Seller,  within ten (10) Business Days
          after  receipt  of the  Registration  Notice,  a written  notice  (the
          "Piggyback  Notice")  stating  the  number  of  Restricted  Securities
          proposed to be included and that such shares are to be included in any
          underwriting  only on the same terms and  conditions  as the shares of
          Common  Stock  otherwise  being sold through  underwriters  under such
          Seller Registration  Statement.  The Seller shall use its best efforts
          to cause all Restricted  Securities  specified in the Piggyback Notice
          to be included in the Seller  Registration  Statement  and any related
          offering, all to the extent requisite to permit the sale by the Holder
          of its  Restricted  Securities in  accordance  with the method of sale
          applicable to the other shares of Common Stock included in such Seller
          Registration Statement;  provided, however, that if, at any time after
          giving  written notice of its intention to register any securities and
          prior to the effective date of the Seller Registration Statement filed
          in connection with such  registration,  the Seller shall determine for
          any  reason  not to  register  or to delay  registration  of  Holder's
          Restricted Securities,  the Company may, at its election, give written
          notice of such determination to Holder and, thereupon:

          (i)  in the ease of a determination not to register, shall be relieved
               of its obligation to register Holder's  Restricted  Securities in
               connection with such registration (but not from its obligation to
               pay the registration expenses in connection therewith), and

          (ii) in the case of a delay in  registering,  shall  be  permitted  to
               delay  registering  Holder's  Restricted  Securities for the same
               period as the delay in registering such other securities.

     (b)  The Seller's obligation to include Restricted Securities in a Seller's
          Registration  Statement  pursuant to Section  7(a) shall be subject to
          the following limitations:

          (i)  The Seller may elect, at its sole option and for any reason,  not
               to register Holder's  Restricted Shares,  provided however,  that
               this  right is limited  to one (1) time and  relative  to one (1)
               particular Seller Registration Statement.

          (ii) The  Seller  shall not be  obligated  to include  any  Restricted
               Securities in a  registration  statement  filed on Form S-4, Form
               S-8 or such other  similar  successor  forms then in effect under
               the Securities Act.

          (iii)If a  Seller  Registration  Statement  involves  an  underwritten
               offering  and the  managing  underwriter  advises  the  Seller in
               writing that in its opinion,  the number of securities  requested
               to be included in such Seller Registration  Statement exceeds the
               number  which  can be  sold in such  offering  without  adversely
               affecting the  offering,  the Seller shall include in such Seller
               Registration  Statement the number of such  securities  which the
               Seller  is so  advised  can be  sold  in  such  offering  without
               adversely affecting the offering, determined as follows:

               (A)  first, the securities  proposed by the Seller to be sold for
                    it own account, and

<PAGE>

               (B)  second, any Restricted  Securities  requested to be included
                    in such  registration and any other securities of the Seller
                    in  accordance  with the  priorities,  if and then  existing
                    among the  holders  of such  securities  pro rata  among the
                    holders thereof requesting such registration on the basis of
                    the  number  of shares of such  securities  requested  to be
                    included by such holders.

          (iv) The  Seller  shall  not  be   obligated  to  include   Restricted
               Securities in more than one (1) Seller Registration Statement.

     (c)  To the  extent  Holder's  Restricted  Securities  are  intended  to be
          included in a Seller Registration Statement, Holder may include any of
          its  Restricted  Securities  in  such  Seller  Registration  Statement
          pursuant to this Agreement  only if Holder  furnishes to the Seller in
          writing,  within ten (10)  business  days  after  receipt of a written
          request  therefore,   such  information   specified  in  Item  507  of
          Regulation  S-K under the Act or such other  information as the Seller
          may  reasonably   request  for  use  in  connection  with  the  Seller
          Registration   Statement  or  Prospectus  or  preliminary   Prospectus
          included  therein  and in any  application  to the NASD.  Holder as to
          which the Seller  Registration  Statement is being effected  agrees to
          furnish  promptly  to  the  Seller  all  information  required  to  be
          disclosed in order to make all information previously furnished to the
          Seller by Holder not materially misleading.

Section 4.  Conditions Precedent.

4.1. Conditions Precedent. The obligation of the Buyer to pay the Purchase Price
on or before the Payment  Delivery  Date to the Seller and  thereby  acquire the
Mortgage Note convertible into 198,000  Restricted  Common Stock shares from the
Seller is subject to the delivery of the following on the Closing Date:

     (a)  Mortgage  Note. A Mortgage Note for the  principal  amount of $495,000
          duly executed by the Seller and delivered to escrow;

     (b)  Mortgage and  Security  Agreement.  A Mortgage and Security  Agreement
          duly executed by the Seller and delivered to escrow;  together with an
          undertaking  by the Seller to (i) file within the time  proscribed  by
          law for perfecting the Buyer's  security  interest in the  Collateral,
          and  deliver  to the  Buyer  acknowledgment  copies  of the  Financing
          Statements  (UCC- 1) duly filed under the Uniform  Commercial  Code of
          all jurisdictions necessary or, in the opinion of the Buyer, desirable
          to perfect the security  interest  created by the Security  Agreement,
          and (ii) certified  copies of Request for Copies or Information  (Form
          UCC-11)  identifying  all of the  financing  statements  on file  with
          respect  to the  Seller in all  jurisdictions  referred  to under (i),
          including  the  Financing  Statement  filed by the Buyer  against  the
          Seller's,  indicating  that no party  claims an interest in any of the
          Collateral except as set forth on Schedule II;

     (c)  Release. A Release executed by the Buyer and delivered to escrow;

     (d)  Evidence of all corporate  action by the Seller.  Certified (as of the
          Closing Date)

<PAGE>

          copies  of  all  corporate  action  taken  by  the  Seller,  including
          resolutions  of its Board of  Directors,  authorizing  the  execution,
          delivery, and performance of this Agreement and each other document to
          be delivered pursuant to this Agreement;

     (e)  Incumbency and signature  certificate  of the Seller's.  A certificate
          (dated  as of the  Closing  Date)  of  the  Secretary  of  the  Seller
          certifying the names and true signatures of the officers of the Seller
          authorized  to sign  this  Agreement  and any  other  documents  to be
          delivered by the Seller under this Agreement;

Section 5.  Representations and Warranties.

5.1. Seller's Representations and Warranties. The Seller represents and warrants
to the Lenders that:

     (a)  Incorporation,  Good Standing, and Due Qualification.  The Seller is a
          corporation duly  incorporated,  validly existing and in good standing
          under  the  laws of the  jurisdiction  of its  incorporation;  has the
          corporate  power and  authority  to own its assets and to transact the
          business in which it is now engaged and proposes to be engaged in; and
          is duly qualified as a foreign  corporation and in good standing under
          the laws of each other  jurisdiction  in which such  qualification  is
          required.  The Seller has no  Subsidiaries  other  than  Cuidao  (USA)
          Imports Co., Inc. and R&R (Bordeaux) Imports, Inc.

     (b)  Corporate Power and Authority. The execution, delivery and performance
          by the Seller of this Agreement and the documents  delivered  herewith
          have been duly authorized by all necessary corporate action and do not
          and will not (i) require  any consent or approval of the  shareholders
          of such  corporation;  (ii) contravene such  corporation's  charter or
          bylaws;  (iii)  violate any  provision of any law,  rule,  regulation,
          order,  writ,  judgment,  injunction,  decree,  determination or award
          presently in effect having  applicability  to such  corporation;  (iv)
          result in a breach of or  constitute a default  under any indenture or
          loan or credit agreement or any other  agreement,  lease or instrument
          to which such  corporation is a party or by which it or its properties
          may be bound or  affected;  and (v) cause  such  corporation  to be in
          default under any such law, rule,  regulation,  order, writ, judgment,
          injunction,  decree,  determination  or award,  or any such indenture,
          agreement, lease or instrument.

     (c)  Legally  Enforceable  Agreement.  This  Agreement  is, and each of the
          other documents  provided herewith when delivered under this Agreement
          will  be,  legal,  valid  and  binding   obligations  of  the  Seller,
          enforceable  against the Seller in  accordance  with their  respective
          terms,  except to the extent that such  enforcement  may be limited by
          applicable  bankruptcy,  insolvency  and other similar laws  affecting
          creditors' rights generally.

     (d)  Seller's Financial  Statements.  The balance sheet of the Seller as at
          December 31, 1999 and 1998, and, and the related statements of income,
          retained  earnings  and cash flows of the Seller for the fiscal  years
          then ended, and the accompanying footnotes,  together with the opinion
          thereon  of  Baum  &  Company,   P.A.,  independent  certified  public
          accountants,  and the interim unaudited  consolidated balance sheet of
          the Seller as of June 30, 2000, and the related statements

<PAGE>

          of  income,  retained  earnings  and cash  flows of the Seller for the
          three (3) month period then ended,  copies of which have been included
          by the  Seller in its  reports  filed  with the SEC on Forms  10-K and
          10-Q,  respectively,  are complete and correct and fairly  present the
          financial  condition of the Seller as at such dates and the results of
          the  operations  of  the  Seller  for  the  periods  covered  by  such
          statements,  all in accordance with GAAP consistently applied (subject
          to  year-end   adjustments  in  the  case  of  the  interim  financial
          statements),  and since  June 30,  2000,  there  has been no  material
          adverse change in the condition (financial or otherwise), business, or
          operations of the Seller or any  Subsidiary.  There are no liabilities
          of the  Seller  or any  Subsidiary,  fixed or  contingent,  which  are
          material but are not reflected in the  financial  statements or in the
          notes thereto,  other than liabilities  arising in the ordinary course
          of business since June 30, 2000 and the Mortgage Note payable to Buyer
          and Mortgage and Security  Agreement  granted to the Buyer pursuant to
          the Convertible Note  Acquisition  Agreement dated August 31, 2000 the
          proceeds of which were used to pay off the existing second mortgage on
          the Property (the "First Convertible Note").

     (e)  Full  Disclosure.  No information,  exhibit or report furnished by the
          Seller,  to the  Buyer  in  connection  with the  negotiation  of this
          Agreement  contained any material  misstatement  of fact or omitted to
          state a  material  fact or any fact  necessary  to make the  statement
          contained therein not materially misleading.

     (f)  Labor  Disputes  and  Acts  of  God.  Neither  the  business  nor  the
          properties of the Seller or any  Subsidiary  are affected by any fire,
          explosion,  accident, strike, lockout or other labor dispute, drought,
          storm, hail,  earthquake,  embargo, act of God or of the public enemy,
          or other casualty (whether or not covered by insurance) materially and
          adversely  affecting such business  properties or the operation of the
          Seller or such Subsidiary.

     (g)  Other Agreements. Except as set forth in any filing with the SEC or if
          not contained  therein or on Schedule III herein,  the Seller is not a
          party to any indenture,  loan, or credit agreement, or to any lease or
          other agreement or instrument,  or subject to any charter or corporate
          restriction  which  could  have  a  material  adverse  affect  on  the
          business, properties, assets, operations, or conditions,  financial or
          otherwise,  of the  Seller to carry  out its  obligations  under  this
          Agreement.  The  Seller  is  not in  default  in  any  respect  in the
          performance,  observance,  or fulfillment  of any of the  obligations,
          covenants,  or  conditions  contained in any  agreement or  instrument
          material to its business to which it is a party which is not disclosed
          herein or in the filing with the SEC. The Buyer  specifically  exempts
          the First Convertible Note from the provisions of this paragraph.

     (h)  Litigation.  There is no pending or  threatened  action or  proceeding
          against or affecting the Seller before any court, governmental agency,
          or  arbitrator  which  may,  in any  one  case  or in  the  aggregate,
          materially  adversely  affect  the  financial  condition,  operations,
          properties,  or business of the Seller or the ability of the Seller to
          perform  its  obligations  under  this  Agreement  which  has not been
          disclosed herein or in the Seller's filings with the SEC.

     (i)  Ownership  and  Liens.  The  Seller  has title to, or valid  leasehold
          interests  in, all of its  properties  and assets,  real and personal,
          including the properties and assets and leasehold  interest  reflected
          in the financial  statements  referred to in paragraph  5.1(d) of this
          Agreement  (other  than any  properties  or assets  disposed of in the
          ordinary course of business), and none of the properties and

<PAGE>

          assets  owned by the Seller  and none of its  leasehold  interests  is
          subject  to any Lien,  except  such as may be  permitted  pursuant  to
          paragraph  7.1(a) of this Agreement and except as disclosed  herein or
          in the Seller's filings with the SEC. The Buyer  specifically  exempts
          the First Convertible Note from the provisions of this paragraph.

     (j)  ERISA.  The Seller is in compliance in all material  respects with all
          applicable  provisions  of  ERISA.  Neither a  Reportable  Event nor a
          Prohibited  Transaction has occurred and is continuing with respect to
          any Plan; no notice of intent to terminate a Plan has been filed,  nor
          has any Plan been terminated;  no circumstances exist which constitute
          grounds entitling the PBGC to institute  proceedings to terminate,  or
          appoint a trustee to administer,  a Plan, nor has the PBGC  instituted
          any such proceedings;  neither the Seller nor any Commonly  Controlled
          Entity has  completely  or partially  withdrawn  from a  Multiemployer
          Plan;  the Seller and each Commonly  Controlled  Entity have met their
          minimum funding  requirements under ERISA with respect to all of their
          Plans,  and the present value of all vested  benefits  under each Plan
          does not exceed the fair market value of all Plan assets  allocable to
          such benefits,  as determined on the most recent valuation date of the
          Plan and in accordance  with the provisions of ERISA;  and neither the
          Seller nor the Parent nor any Commonly  Controlled Entity has incurred
          any liability to the PBGC under ERISA.

     (k)  Operation of Business.  The Seller  possesses all  licenses,  permits,
          franchises,  patents,  copyrights,  trademarks,  and trade  names,  or
          rights thereto, to conduct their respective  businesses  substantially
          as now  conducted and as presently  proposed to be conducted,  and the
          Seller is not in  violation of any valid rights of others with respect
          to any of the foregoing  except as described herein or as disclosed in
          the Seller's filings with the SEC.

     (l)  Taxes.  The  Seller has filed all tax  returns  (federal,  state,  and
          local) required to be filed and have paid all taxes, assessments,  and
          governmental  charges  and  levies  thereon to be due,  including  any
          interest and penalties.

     (m)  Registration  and Listing of Common  Stock.  The Seller is a reporting
          company,  and has continuously  been a reporting company for more than
          the 18 calendar  months  preceding  the Closing  Date,  and the Common
          Stock is  registered  under  the  Exchange  Act and  quoted on the OTC
          Bulletin  Board.  The Seller has filed all reports and other documents
          required of it by the Exchange Act, the rules and  regulations  of the
          SEC, and the rules and regulations of the OTC Bulletin Board.

     (n)  Rule 506 Offerings.  The Seller offered the securities  issuable under
          this Agreement under Regulation D, Rule 506.

     (o)  U.S.  Transaction.  The  negotiations  for  and  the  issuance  of the
          securities  issuable  under  this  Agreement  have been made in a U.S.
          transaction under Regulation D, Rule 506.

     (p)  No  Directed  Selling  Efforts.  The  Seller  has not  engaged  in any
          directed  selling  efforts  with  respect  to  this  Agreement  or the
          securities issuable under this Agreement.

<PAGE>

     (q)  Exemption of the Issuance of the  Securities  from  Registration.  The
          Seller's issuance of the securities  issuable under this Agreement are
          exempt  from  the  registration  requirements  of  Section  5  of  the
          Securities Act pursuant to the provisions of Rule 506 of Regulation D.

5.2. Buyer's  Representations and Warranties.  The Buyer represents and warrants
to the Seller that:

     (a)  Incorporation,  Good Standing,  and Due Qualification.  The Buyer is a
          corporation duly  incorporated,  validly existing and in good standing
          under  the  laws of the  jurisdiction  of its  incorporation;  has the
          corporate  power and  authority  to own its assets and to transact the
          business in which it is now engaged and proposes to be engaged in; and
          is duly qualified as a foreign  corporation and in good standing under
          the laws of each other  jurisdiction  in which such  qualification  is
          required. The Buyer has no Subsidiaries other than
          ----------------------------.

     (b)  Corporate Power and Authority. The execution, delivery and performance
          by the Buyer of this  Agreement and the documents  delivered  herewith
          have been duly authorized by all necessary corporate action and do not
          and will not (i) require  any consent or approval of the  shareholders
          of such  corporation;  (ii) contravene such  corporation's  charter or
          bylaws;  (iii)  violate any  provision of any law,  rule,  regulation,
          order,  writ,  judgment,  injunction,  decree,  determination or award
          presently in effect having  applicability  to such  corporation;  (iv)
          result in a breach of or  constitute a default  under any indenture or
          loan or credit agreement or any other  agreement,  lease or instrument
          to which such  corporation is a party or by which it or its properties
          may be bound or  affected;  and (v) cause  such  corporation  to be in
          default under any such law, rule,  regulation,  order, writ, judgment,
          injunction,  decree,  determination  or award,  or any such indenture,
          agreement, lease or instrument.

     (c)  Legally  Enforceable  Agreement.  This  Agreement  is, and each of the
          documents  provided  herewith when delivered under this Agreement will
          be, legal,  valid and binding  obligations  of the Buyer,  enforceable
          against the Buyer in accordance with their respective terms, except to
          the  extent  that  such  enforcement  may  be  limited  by  applicable
          bankruptcy,  insolvency  and other similar laws  affecting  creditors'
          rights generally.

     (d)  Accredited Investor.  The Buyer is an accredited investor as that term
          is defined in Rule 501(a)(3) of Regulation D of the SEC.

          (i)  Buyer  is a U.S.  Person  not  formed  for  the  purpose  of this
               investment.

     (e)  The Buyer has complied  with all of the  conditions  required of it in
          connection with the transactions contemplated by this Agreement.

     (f)  Buyer is acquiring the securities issuable hereby as an investment and
          not with a view to resell  except in  accordance  with Rule 144 of the
          Act.

<PAGE>

Section 6.  Affirmative Covenants.

6.1.  Financial and Operational.  So long as any part of the Mortgage Note shall
remain outstanding, the Seller will:

     (a)  Maintenance   of  Existence.   Preserve  and  maintain  its  corporate
          existence and good standing in the jurisdiction of its  incorporation,
          and  qualify and remain  qualified  as a foreign  corporation  in each
          jurisdiction in which such qualification is required.

     (b)  Maintenance of Records. Keep adequate records and books of account, in
          which  complete   entries  will  be  made  in  accordance   with  GAAP
          consistently applied,  reflecting all material financial  transactions
          of the Seller.

     (c)  Maintenance  of  Properties.  Maintain,  keep and  preserve all of its
          properties (tangible and intangible) necessary or useful in the proper
          conduct of its business in good working order and condition,  ordinary
          wear and tear excepted.

     (d)  Conduct of Business. Continue to engage in an efficient and economical
          manner in a business of the same  general  type as  conducted by it on
          the date of this Agreement.

     (e)  Maintenance of Insurance.  Maintain  insurance with financially  sound
          and reputable  insurance companies or associations in such amounts and
          covering such risks as are usually carried by companies engaged in the
          same or a similar business and similarly situated, which insurance may
          provide for reasonable deductibility from its coverage.

     (f)  Compliance  With  Laws.   Comply  with  all  applicable  laws,  codes,
          regulations,   rules,   ordinances  and  orders,   including   without
          limitation  paying  before  the  same  become  delinquent  all  taxes,
          assessments  and  governmental  charges  imposed  upon it or upon  its
          property.

     (g)  Right of  Inspection.  At any  reasonable  time and from time to time,
          permit the Buyer or any of its  representatives  to  examine  and make
          copies of and abstracts  from the records and books of account of, and
          visit the  properties  of, the  Seller,  and to discuss  its  affairs,
          finances  and  accounts  with  any  of  its  officers,  directors  and
          independent accountants.

     (h)  Reporting Requirements. Furnish to the Buyer:

          (i)  Quarterly Financial Statements. The Seller's reports on Form 10-Q
               or 10- QSB contemporaneously with their filing with the SEC.

          (ii) Annual Financial Statements.  The Seller's annual reports on Form
               10-K or 10-KSB contemporaneously with their filing with the SEC.

          (iii)Management Letters.  Promptly upon receipt thereof, copies of any
               reports  submitted to the Seller or any Subsidiary by independent
               accountants in connection with their examination of the financial
               statements of the Seller.

<PAGE>

          (iv) Certificate of No Default.  Within  twenty-five  (25) days of any
               written  request of the Buyer  provide to the Buyer a certificate
               of the Seller's chief  financial  officer  certifying that to the
               best of his or her  knowledge  no Default or Event of Default has
               occurred and is  continuing  or, if a Default or Event of Default
               has  occurred  and is  continuing,  a statement  as to the nature
               thereof and the action that is proposed to be taken with  respect
               thereto.

          (v)  Notice of Litigation.  Promptly after the  commencement  thereof,
               notice of all actions,  suits and proceedings before any court or
               governmental  department,  commission,  board, bureau, agency, or
               instrumentality  (domestic or foreign) or  arbitrator,  affecting
               the Seller,  which, if determined  adversely to the Seller, could
               have  a  material  adverse  affect  on the  financial  condition,
               properties or operations of the Seller.

          (vi) Notice of Defaults and Events of Default. As soon as possible and
               in any event  within ten (30) days after the  occurrence  of each
               material  Default or material Event of Default,  a written notice
               setting forth the details of such Default or Event of Default and
               the  action  that is  proposed  to be  taken by the  Seller  with
               respect thereto.

          (vii)ERISA  reports.  As soon as  possible,  and in any  event  within
               thirty  (30) days  after the  Seller  knows or has reason to know
               that any  circumstances  exist that constitute  grounds entitling
               the PBGC to institute  proceedings to terminate a Plan subject to
               ERISA  with  respect  to the  Seller or any  Commonly  Controlled
               Entity,  and  promptly  but in any event  within two (2) Business
               Days of receipt by the Seller or any Commonly  Controlled  Entity
               of notice that the PBGC  intends to terminate a Plan or appoint a
               trustee to  administer  the same,  and  promptly but in any event
               within five (5) Business Days of the receipt of notice concerning
               the imposition of withdrawal liability with respect to the Seller
               or any Commonly Controlled Entity, the Seller will deliver to the
               Buyer a certificate of the chief financial  officer of the Seller
               setting  forth all  relevant  details  and the  action  which the
               Seller proposes to take with respect thereto.

          (viii) Other  Regulatory  Reports  and  Filings.  Promptly  after  the
               sending  or  filing  thereof,  copies  of all  proxy  statements,
               financial   statements   and  reports  that  the  Seller  or  any
               Subsidiary sends to its shareholders,  and copies of all regular,
               periodic and special  reports,  and all  registration  statements
               that the Seller files with the securities regulatory  authorities
               of any  country,  province  or  state,  or  with  any  securities
               exchange.

          (ix) General  Information.   Such  other  information  respecting  the
               condition or operations, financial or otherwise, of the Seller as
               the Buyer may from time to time reasonably request.

          (x)  Environment,  Health and Safety. Be and remain in compliance with
               the provisions of all federal,  state,  and local  environmental,
               health, and safety laws, codes and ordinances,  and all rules and
               regulations  issued  thereunder;  notify the Buyer immediately of
               any notice of a hazardous  discharge or  environmental  complaint
               received from any governmental  agency or any other party; notify
               the  Buyer  immediately  of  any  hazardous   discharge  from  or
               affecting its premises;  immediately contain and remove the same,
               in compliance with all applicable laws;

<PAGE>

               promptly  pay  any  fine  or  penalty   assessed  in   connection
               therewith;  permit the Buyer to inspect the premises,  to conduct
               tests  thereon,  and to inspect  all books,  correspondence,  and
               records pertaining  thereto;  and at the Buyer's request,  and at
               the   Seller's   expense,   provide  a  report  of  a   qualified
               environmental engineer,  satisfactory in scope, form, and content
               to the Buyer,  and such other and further  assurances  reasonably
               satisfactory to the Buyer that the condition has been corrected.

Section 7.  Negative Covenants.

7.1.     So long as any of the Mortgage Note remains unpaid the Seller will not:

          (a)  Liens.  Create,  incur, assume, or suffer to exist, or permit any
               Subsidiary to create, incur, assume, or suffer to exist, any Lien
               upon or with  respect  to any of its  properties,  now  owned  or
               hereafter acquired, except:

               (i)  Previous and future liens in favor of the Buyer;

               (ii) Easements,  rights-of-way,  restrictions,  and other similar
                    encumbrances  which,  in the  aggregate,  do not  materially
                    interfere  with the  occupation,  use, and  enjoyment by the
                    Seller  or  any   Subsidiary   of  the  property  or  assets
                    encumbered  thereby in the normal  course of its business or
                    materially impair the value of the property subject thereto;
                    and

          (b)  Debt.  Create,  incur,  assume, or suffer to exist, or permit any
               Subsidiary  to create,  incur,  assume,  or suffer to exist,  any
               Debt, except:

               (i)  Debt of the Seller under this Agreement or the Mortgage Note
                    or the First Convertible Note;

               (ii) Debt described in Schedule III but no voluntary prepayments,
                    renewals,  extensions,  refinancing,  or  increases  in  the
                    amounts thereof;

               (iii)Debt of the Seller subordinated on terms satisfactory to the
                    Buyer to the Seller's  obligation  under this  Agreement and
                    the Mortgage Note;

          (c)  Sale of Assets.  Sell,  lease,  assign,  transfer,  or  otherwise
               dispose  of, or permit any  Subsidiary  to sell,  lease,  assign,
               transfer,  or  otherwise  dispose  of,  any of its now  owned  or
               hereafter acquired assets (including,  without limitation, shares
               of stock  and  indebtedness  of  Subsidiaries,  receivables,  and
               leasehold  interests),  except:  (1) inventory disposed of in the
               ordinary course of business; (2) the sale or other disposition of
               assets no longer used or useful in the  conduct of its  business;
               and (3) that any Subsidiary may sell, lease, assign, or otherwise
               transfer its assets to the Seller.

          (d)  Transactions   With  Affiliates.   Enter  into  any  transaction,
               including, without limitation, the purchase, sale, or exchange of
               property or the rendering of any service, with any Affiliate,  or
               permit any Subsidiary to enter into any  transaction,  including,
               without limitation, the

<PAGE>

               purchase,  sale,  or exchange of property or the rendering of any
               service, with any Affiliate, except in the ordinary course of and
               pursuant to the reasonable  requirements  of the Seller's or such
               Subsidiary's  business and upon fair and reasonable terms no less
               favorable to the Seller or such Subsidiary than would obtain in a
               comparable   arm's-length   transaction  with  a  Person  not  an
               Affiliate.

Section 8.  Events of Default

8.1.     Events of Default. If any of the following events shall occur:

     (a)  The Seller  should  fail to pay the  principal  of or  interest on the
          Mortgage Note as and when due and payable,  or any amount of any other
          fee by or within  ninety  (90) days  after the date that it is due and
          payable;

     (b)  Any  representation  or warranty  made or deemed made by the Seller in
          this Agreement or any other document provided  hereunder,  or which is
          contained in any certificate, document, opinion, or financial or other
          statement  furnished  at any  time  under  or in  connection  with any
          document  provided  hereunder,  shall  prove to have  been  incorrect,
          incomplete, or misleading in any material respect on or as of the date
          made or deemed made;

     (c)  The Seller or any  Subsidiary  shall (i) fail to pay any  indebtedness
          for borrowed  money  (other than the  Mortgage  Note) of the Seller or
          such  Subsidiary,  as the  case may be,  or any  interest  or  premium
          thereon, when due (whether by scheduled maturity, required prepayment,
          acceleration,  demand,  or  otherwise),  or (ii)  fail to  perform  or
          observe any material  term,  covenant,  or condition on its part to be
          performed or observed  under any agreement or  instrument  relating to
          any such indebtedness,  when required to be performed or observed,  if
          the effect of such failure to perform or observe is to accelerate,  or
          to permit the  acceleration  of, after the giving of notice or passage
          of time, or both,  the maturity of such  indebtedness,  whether or not
          such  failure to  perform or observe  shall be waived by the holder of
          such  indebtedness;  or any such indebtedness  shall be declared to be
          due and payable,  or required to be prepaid (other than by a regularly
          scheduled required prepayment), prior to the stated maturity thereof;

     (d)  The  Mortgage  and  Security  Agreement  shall at any time  after  its
          execution  and delivery and for any reason cease (a) to create a valid
          and perfected security interest in and to the property purported to be
          subject to such Mortgage and Security  Agreement,  and in the priority
          disclosed  on  Schedule  II or III to be in full  force and  effect or
          shall be declared  null and void,  or the  validity or  enforceability
          thereof shall be contested by the Seller,  or the Seller shall deny it
          has any further liability or obligation under the Mortgage Note and/or
          the  Mortgage  and  Security  Agreement,  or the Seller  shall fail to
          perform any of its material  obligations under the Mortgage Note an/or
          the Mortgage and Security Agreement;

     (e)  Any of the  following  events shall occur or exist with respect to the
          Seller or any Commonly  Controlled  Entity under ERISA: any Reportable
          Event  shall   occur;   complete  or  partial   withdrawal   from  any
          Multi-employer Plan shall take place; any Prohibited Transaction shall
          occur;  a notice of intent to  terminate  a Plan shall be filed,  or a
          Plan  shall  be  terminated;   or  circumstances   shall  exist  which
          constitute  grounds  entitling  the PBGC to institute  proceedings  to
          terminate a Plan,

<PAGE>

          or the PBGC shall institute such proceedings;  and in each case above,
          such event or condition, together with all other events or conditions,
          if any,  could  subject  the  Seller  to any  tax,  penalty,  or other
          liability  which in the  aggregate  may  exceed Ten  Thousand  Dollars
          ($10,000); or

     (f)  If the Buyer receives its first notice of a hazardous  discharge or an
          environmental  complaint  regarding the Seller or a Subsidiary  from a
          source  other than the Seller,  and the Buyer does not receive  notice
          (which may be given in oral form,  provided  same is followed with all
          due dispatch by written notice given by Certified Mail, Return Receipt
          Requested) of such hazardous discharge or environmental complaint from
          the Seller within  twenty-four  (24) hours of the time the Buyer first
          receives  said notice from a source  other than the Seller;  or if any
          federal,  state, or local agency asserts or creates a Lien upon any or
          all  of  the  assets,  equipment,   property,   leaseholds,  or  other
          facilities of the Seller or a Subsidiary  by reason of the  occurrence
          of a hazardous  discharge  or an  environmental  complaint;  or if any
          federal,  state, or local agency asserts a claim against the Seller, a
          Subsidiary, or its respective assets, equipment, property, leaseholds,
          or other  facilities  for  damages  or  cleanup  costs  relating  to a
          hazardous discharge or an environmental complaint;  provided, however,
          that such claim shall not constitute a default if, within fifteen (15)
          Business  Days of the  occurrence  giving  rise to the claim,  (i) the
          Seller  can prove to the  Buyer's  satisfaction  that the  Seller  has
          commenced and is diligently  pursuing either: (a) a cure or correction
          of the event which  constitutes the basis for the claim, and continues
          diligently  to pursue such cure or  correction  to  completion  or (b)
          proceedings  for  an  injunction,   a  restraining   order,  or  other
          appropriate  emergent  relief  preventing such agency or agencies from
          asserting  such claim,  which  relief is granted  within  fifteen (15)
          Business  Days of the  occurrence  giving  rise to the  claim  and the
          injunction,  order, or emergent  relief is not thereafter  resolved or
          reversed on appeal;  and (ii) in either of the foregoing  events,  the
          Seller  has  posted  a bond,  letter  of  credit,  or  other  security
          satisfactory in form, substance,  and amount to both the Buyer and the
          agency or entity asserting the claim to secure the proper and complete
          cure or  correction of the event which  constitutes  the basis for the
          claim;

then, and in any such event, the Buyer may, by notice to the Seller, (i) declare
the Mortgage Note,  all interest  thereon,  and all other amounts  payable under
this Agreement to be forthwith due and payable, whereupon the Mortgage Note, all
such  interest,  and all such  amounts  shall  become and be  forthwith  due and
payable,  without presentment,  demand,  protest, or further notice of any kind,
all of which are hereby expressly waived by the Seller.

8.2 Buyer's Right to Setoff.  Upon the occurrence and during the  continuance of
any Event of Default,  the Buyer is hereby  authorized at any time and from time
to time, without notice to the Seller (any such notice being expressly waived by
the  Seller),  to set off and apply any and all funds,  deposits and accounts at
any time held and other  indebtedness  at any time  owing by the Buyer to or for
the credit or the account of the Seller  against any and all of the  obligations
of the Seller now or  hereafter  existing  under this  Agreement or the Mortgage
Note or any other document provided herewith, irrespective of whether or not the
Buyer shall have made any demand under this  Agreement  or the Mortgage  Note or
such other document and although such  obligations  may be unmatured.  The Buyer
agrees  promptly  to notify the Seller  after any such  setoff and  application,
provided  that the failure to give such notice  shall not affect the validity of
such setoff and application.  The rights of the Buyer under this Section 9.2 are
in addition to other rights and remedies (including,  without limitation,  other
rights of setoff) which the Buyer may have.

<PAGE>

Section 9.  Miscellaneous.

9.1. Amendments, Etc. No amendment, modification,  termination, or waiver of any
provision  of this  Agreement  or any  document  provided  herewith to which the
Seller  is a party,  nor  consent  to any  departure  by the  Seller  from  this
Agreement and any document  provided  herewith to which it is a party,  shall in
any event be  effective  unless the same  shall be in writing  and signed by the
Buyer,  and then such waiver or consent shall be effective  only in the specific
instance and for the specific purpose for which given.

9.2.  Notices,  Etc. All notices given under this  Agreement and under the other
documents provided herewith shall be in writing, addressed to the parties as set
forth below, and shall be effective on the earliest of (i) the date received, or
(ii) if given by facsimile  transmittal on the date given if transmitted  before
5:00 p.m. the recipient's time, otherwise it is effective the next day, or (iii)
on the second business day after delivery to a major  international air delivery
or air courier service (such as Federal Express or Network Couriers):

If to the Buyer:                                              If to the Seller:

WM Properties of South Florida, Inc.                       Cuidao Holding Corp.
1800 N. Dixie Highway                                         2951 Simms Street
Hollywood, FL 33020                                     Hollywood, FL33320-1510
Attention: Wayne Doss                 Attention: C.  Michael Fisher,  President
Facsimile No.  (954) 938-2119                      Facsimile No. (954) 924-8171

                                          With a copy (that does not constitute
With a copy (that does not constitute                               notice) to:
                  notice) to:                             Mintmire & Associates
                                                  265 Sunrise Avenue, Suite 204
                                                          Palm Beach, FL  33480
                                                Attn:  Donald F. Mintmire, Esq.
                                                   Facsimile No. (561) 659-5371

9.3. No Waiver.  No failure or delay on the part of the Buyer in exercising  any
right,  power, or remedy hereunder shall operate as a waiver thereof;  nor shall
any single or partial exercise of any such right,  power, or remedy preclude any
other or further exercise thereof or the exercise of any other right,  power, or
remedy hereunder.  The rights and remedies  provided herein are cumulative,  and
are not exclusive of any other rights, powers,  privileges,  or remedies, now or
hereafter existing, at law or in equity or otherwise.

9.4.  Successors and Assigns.  This Agreement shall be binding upon and inure to
the benefit of the Seller and the Buyer,  and their  respective  successors  and
assigns,  except  that the Seller may not assign or  transfer  any of its rights
under this Agreement or any document  provided herewith to which the Seller is a
party without the prior written consent of the Buyer.

<PAGE>

9.5  Costs,  Expenses,  and  Taxes.  Each  party  shall bear their own costs and
expenses in connection with the preparation,  execution,  delivery,  filing, and
administration of this Agreement and the underlying documents provided herewith,
and of any amendment, modification, or supplement thereto.

9.6. Integration. This Agreement and the documents provided herewith contain the
entire  agreement  between the parties relating to the subject matter hereof and
supersede all oral statements and prior writings with respect thereto.

9.7. Indemnity.  The Seller shall defend, protect,  indemnify, and hold harmless
the  Buyer  and  its  respective  officers,  directors,  employees,  and  agents
(including,   without   limitation,   those  retained  in  connection  with  the
transactions contemplated by this Agreement)  (collectively,  the "Indemnitees")
from and against any and all actions,  causes of action, suits, claims,  losses,
costs,  penalties,  fees,  liabilities,  and damages, and expenses in connection
therewith  (irrespective of whether any such Indemnitee is a party to the action
for  which  indemnification  hereunder  is  sought),  and  including  reasonable
attorneys' fees and disbursements (the "Indemnified  Liabilities"),  incurred by
the Indemnitees or any of them as a result of, or arising out of, or relating to
(a) any  misrepresentation  or breach of any  representation or warranty made by
the Seller in this Agreement or any other  document  provided  herewith,  or any
other certificate,  instrument,  or document  contemplated hereby or thereby; or
(b) any breach of any covenant, agreement, or obligation of the Seller contained
in this Agreement or any other document provided herewith; or (c) the activities
of the  Seller  or any  Subsidiary,  each of their  respective  predecessors  in
interest  or  third  parties  with  whom  they  or any  of  them  have  or had a
contractual  relationship,  or arising directly or indirectly from the violation
of any environmental protection,  health, or safety law, whether such claims are
asserted by any  governmental  agency or any other  person;  or (d) any cause of
action,  suit, or claim brought or made against such  Indemnitee and arising out
of or resulting from the  execution,  delivery,  performance,  or enforcement of
this Agreement or any document provided herewith by any of the Indemnities,  and
application  of the use of proceeds as provided  herein.  To the extent that the
foregoing  undertaking by the Seller may be  unenforceable  for any reason,  the
Seller shall make the maximum  contribution  to the payment and  satisfaction of
each of the Indemnified  Liabilities  which is permissible under applicable law.
This indemnity shall survive termination of this Agreement.

9.8.  Governing  Law.  This  Agreement  and the Note shall be  governed  by, and
construed  in  accordance  with,  the laws of the State of Florida and the local
laws of Broward County Florida.

9.9. Severability of Provisions. Any provision of this Agreement or any document
provided  herewith  which is prohibited  or  unenforceable  in any  jurisdiction
(after  applying  the  provisions  of  paragraph  9.8 of this  Agreement to that
provision) shall, as to such jurisdiction,  be ineffective to the extent of such
prohibition or unenforceability without invalidating the remaining provisions of
such  agreements  and documents or affecting the validity or  enforceability  of
such provision in any other jurisdiction.

9.10  Conflict  of  Terms,  Provisions  or  Conditions.  In the  event any term,
provision or condition of the Mortgage Note,  Mortgage and Security Agreement or
Release conflicts with any term,

<PAGE>

provision  or condition  contained  herein,  the meaning  ascribed to such term,
provision   or  condition   under  this   Agreement   shall   prevail  over  any
interpretation  under either the Mortgage Note,  Mortgage and Security Agreement
or Release.

9.11 Headings. Section and paragraph headings in this Agreement are included for
the  convenience  of  reference  only and  shall not  constitute  a part of this
Agreement for any other purpose.

9.12. Dispute Resolution. Any controversy or claim arising out of or relating to
this  Agreement  (whether in contract or tort,  or both, or at law or in equity)
shall be determined  by binding  arbitration  at Fort  Lauderdale,  Florida,  in
accordance  with the commercial  arbitration  rules of the American  Arbitration
Association. The prevailing party in any arbitration proceeding shall be awarded
reasonable  attorneys fees and costs of the proceeding.  The  arbitration  award
shall be final, and may be entered in any court having jurisdiction.  Nothing in
this  paragraph  shall  preclude  either  party  from  applying  to a court  for
temporary  equitable  relief,  when  appropriate,  pending  and  subject to such
temporary  orders and permanent award as the arbitrator or arbitrators may make.
The parties  agree that the courts of the  Broward  County,  Florida  shall have
exclusive  jurisdiction  and venue  for the  adjudication  of any  civil  action
between them arising out of relating to this Agreement,  and hereby  irrevocably
consent to such jurisdiction and venue.

     IN WITNESS  WHEREOF,  the parties have caused this Agreement to be executed
by their  respective  officers  thereunto duly  authorized,  as of the Effective
Date.

The Buyer:                                                          The Seller:

WM Properties of South Florida, Inc.                       CUIDAO HOLDING CORP.

By ____________________________                      By _______________________
Name __________________________                      Name _____________________
Title _________________________                      Title ____________________
Date signed ___________________                      Date signed ______________

As to the  obligations  in  paragraphs  3.3,  3.4,  3.5 and 3.6.  We  Mintmire &
Associates  agree to be bound by the  terms  and  conditions  set  forth in such
paragraphs.

MINTMIRE & ASSOCIATES

By _________________________
Name _______________________
Date signed ________________

<PAGE>

                                   Schedule I

                   Monthly Allocations for Mandatory Conversion

PRICE GUARANTEE AMOUNT:                                             $495,000.00

Mandatory              Monthly          Target           Next to Last
Conversion             Allocation       Reduction        Day of Month
Date (1)               # Shares         Amount

November 1, 2001         22,000         $  55,000        November 29, 2001
December 1, 2001         22,000         $  55,000        December 30, 2001
January 1, 2002          22,000         $  55,000        January 30, 2002
February 1, 2002         22,000         $  55,000        February 27, 2002
March 1, 2002            22,000         $  55,000        March 30, 2002
April 1.  2002           22,000         $  55,000        April 29, 2002
May 1, 2002              22,000         $  55,000        May 30, 2002
June 1, 2002             22,000         $  55,000        June 30, 2002
July 1, 2002             22,000         $  55,000        July 30, 2002
                        198,000          $495,000

(1) This assumes payment of the Purchase Price on or before October 31, 2000. In
the event the  parties  consent  to a later  date,  the  months  herein  will be
adjusted accordingly.

<PAGE>

                                   Schedule II

     Description of Other Liens, Security Interests and Financing Statements

None other than those disclosed in Seller's filings with the SEC.

<PAGE>

                                  Schedule III

                                Other Agreements

None other than those disclosed in Seller's filings with the SEC.

<PAGE>

                                   Schedule IV

                        List of All Licenses And Permits

None other than those disclosed in Seller's filings with the SEC.

<PAGE>

                                   Schedule V

                         List of Seller's Real Property

None other than those disclosed in Seller's filings with the SEC.

<PAGE>

         EXHIBIT A TO THE SECOND CONVERTIBLE NOTE ACQUISITION AGREEMENT

                            CONVERTIBLE MORTGAGE NOTE

$ 495,000.00                                                   __________, 2000

THESE SECURITIES HAVE NOT BEEN REGISTERED WITH THE UNITED STATES  SECURITIES AND
EXCHANGE  COMMISSION OR THE SECURITIES  COMMISSION OF ANY STATE.  THE SECURITIES
ARE BEING OFFERED PURSUANT TO REGULATION D PROMULGATED  UNDER THE SECURITIES ACT
OF 1933, AS AMENDED (THE "ACT").  THE SECURITIES ARE "RESTRICTED" AND MAY NOT BE
OFFERED OR SOLD UNLESS THE SECURITIES  ARE REGISTERED  UNDER THE ACT OR PURSUANT
TO AVAILABLE  EXEMPTIONS FROM THE  REGISTRATION  REQUIREMENTS OF THE ACT AND THE
BORROWER WILL BE PROVIDED WITH OPINION OF COUNSEL OR OTHER SUCH  INFORMATION  AS
IT MAY REASONABLY REQUIRE TO CONFIRM THAT SUCH EXEMPTIONS ARE AVAILABLE.

1.       IDENTIFICATION OF BORROWER

     Borrower's  name and  address is:  CUIDAO  HOLDING  CORPORATION,  a Florida
corporation,  whose  principal  address  is 2951  SIMMS  STREET,  HOLLYWOOD,  FL
33020-1510.

2.       IDENTIFICATION OF LENDER

     Lender's name and address is: WM PROPERTIES OF SOUTH FLORIDA, INC., 1800 N.
DIXIE HIGHWAY, HOLLYWOOD, FL 33020.

     Lender may  change  such  address  from time to time by giving me notice as
provided in Paragraph 8.

3.       PROMISE TO PAY - PLACE OF PAYMENT

     In return for a loan that Borrower has received,  Borrower  promises to pay
in lawful money of the United States of America to the order of WM PROPERTIES OF
SOUTH  FLORIDA,  INC. at such  address as is indicated in Paragraph 2 or at such
other place as the Holder of this Note shall in writing designate, the principal
sum of Four Hundred Ninety Five Thousand  United States Dollars  (US$495,000.00)
(this amount is called "principal"), subject to the terms and conditions of this
Note.

4.       TERMS OF THIS NOTE

     4.1 Second Convertible Note Acquisition. The Lender agreed on the terms and
conditions set forth in a certain second convertible note acquisition  agreement
of even date to acquire,  in exchange  for  $350,000.00  in cash (the  "Purchase
Price"), a convertible note in the principal amount of $495,000 convertible into
a total  of  198,000  shares  of the  Company's  Restricted  Common  Stock  (the
"Acquisition Agreement"). The Purchase Price shall be used solely to pay off

<PAGE>

the Company's  First  Mortgage  payable to Sandra  Cooper,  by  assignment  from
Em-Star  Mortgage  Co,  recorded on 2951 Simms  Street  real  estate  located in
Hollywood,  Florida,  and  recorded  February 4, 1999,  in Official  Record Book
29206, at Page 1362, of the Public Records of Broward  County,  Florida with the
First Mortgage  payable to Em-Star Mortgage Co. recorded in Official Record Book
29206, at Page 1355 (the "Property").  The Acquisition Agreement is incorporated
in its entirety into this Note.

     4.2 Price  Guarantee.  The Borrower  agrees that for a period of twenty one
(21) months from the date  hereof,  to  guarantee  to the Lender that its Common
Stock shall not fall below a closing bid price of $2.50 per share such that when
certain  incremental  allocations of such shares are sold by Lender  pursuant to
Rule  144  promulgated  under  the Act  ("Rule  144")  or such  allocations  are
calculated as provided herein that in the aggregate the value of the shares into
which the  Mortgage  Note is  convertible  shall have a value of  $495,000  (the
"Price Guarantee"). To secure such Price Guarantee, Borrower granted to Lender a
mortgage upon the Property  convertible  into shares,  which  mortgage  shall be
evidenced  by this Note and  secured  by the  Mortgage  and  Security  Agreement
executed simultaneously herewith.

     4.3 Mortgage  Note.  The  Borrower's  Price  Guarantee is evidenced by this
Note.  This  Note,  dated as of the  Payment  Delivery  Date as  defined  in the
Acquisition  Agreement,  is due and  payable  twenty  four (24)  months from its
issuance.  Commencing on the first  anniversary of the Payment Delivery Date and
continuing  for the next eight (8)  successive  months,  Buyer shall be required
each such  month to convert a portion of the  Mortgage  Note into  shares of the
Seller's Common Stock, the mandatory conversion dates and number of shares to be
issued on each  mandatory  conversion  date are set forth in Schedule I attached
hereto (the "Monthly  Allocation").  Commencing on the Payment Delivery Date and
continuing on the last day of each of the next eight (8) successive  months, the
principal amount of the Mortgage Note shall be reduced by the greater of (i) the
actual gross proceeds  received by Buyer for sale of the Monthly  Allocation and
any previously  issued Monthly  Allocation shares not sold during the applicable
month during the applicable  month made in accordance with Rule 144, or (ii) the
average of the closing  price for the Seller's  Common Stock from the 1st day of
the applicable  month to the next to last day of the applicable  month as quoted
on the OTC BB times the Monthly  Allocation  (the greater of  subsection  (i) or
(ii) hereinafter referred to as the "Incremental Mortgage Reduction Amount"). In
the event that  Incremental  Mortgage  Reduction Amount is less than the Monthly
Allocation  times  $2.50 per share  during the  applicable  month  (the  "Target
Reduction  Amount"),  the difference between the Target Reduction Amount and the
Incremental  Mortgage  Reduction Amount realized shall bear interest at the rate
of 11.11% per annum until  paid.  To assist  Seller in making this  calculation,
Buyer agrees to provide  evidence of all sales made in the  applicable  month to
Seller  by the  tenth  (10th)  day  of the  succeeding  month.  Each  successive
Incremental  Mortgage  Reduction  Amount  shall be applied  first to accrued but
unpaid  interest and  thereafter as a reduction to principal.  At the end of the
term of the  Mortgage  Note,  all unpaid  principal  and  accrued  interest  not
otherwise  paid by the  incremental  reductions  to  principal  shall be due and
payable.  In the event that  incremental  reductions pay off the entire Mortgage
Note and any  accrued  but  unpaid  interest  prior to the end of the term,  any
Monthly  Allocation  shares not  previous  issued to Buyer shall be  immediately
issued,  the Mortgage Note shall be canceled and any unsold shares  delivered to
or held by Buyer,  if any, may be retained or sold by the Buyer pursuant to Rule
144 as he so elects. If at any time during the term of the Mortgage Note

<PAGE>

the aggregate of all of the Incremental  Mortgage  Reduction Amounts is equal to
or above  $495,000,  or at the end of the term at such time as  Seller  pays all
unpaid principal and accrued but unpaid  interest,  the entire Mortgage Note and
Mortgage and Security  Agreement  shall be released and  satisfied and Buyer (1)
authorizes Mintmire & Associates to provide the Seller with the Release executed
simultaneously  with  this  Agreement  and being  held in  escrow  by them;  (2)
authorizes the Seller to record the Release; and (3) agrees to cancel and return
the original Mortgage Note to the Seller.  Interest, if any, shall be calculated
on the basis of a year of 360 days.  Any unpaid  principal or accrued but unpaid
interest due at the end of the term shall be payable at the  Lender's  Principal
Office.

     4.4 Mortgage and Security  Agreement.  The Mortgage Note, together with all
of the  Borrower's  other  obligations  under this  Note,  shall be secured by a
Mortgage and Security Agreement executed simultaneously herewith.

     4.5 Release.  Contemporaneously with the execution of this Note, the Lender
has executed a Release and delivered same to Mintmire & Associates to be held in
escrow by them until the full and complete satisfaction of Borrower's obligation
to the Lender in accordance with the terms and conditions herein.

     4.6 Escrowed Shares. Under the terms of the Acquisition Agreement, Mintmire
&  Associates  shall hold nine (9)  certificates  in the  amounts of the Monthly
Allocations in escrow,  each of which shall be delivered to Lender no later than
five (5) days after the first day of the applicable  month for such  allocation.
Borrower and Lender have authorized Mintmire & Associates to release such shares
to Lender as required under the Acquisition Agreement without any further action
on their part.

5.       AFTER DEFAULT RATE OF INTEREST

     Borrower  agrees to pay  interest  on the unpaid  principal  balance  after
default at the highest  contract rate allowed by  applicable  law until all sums
owing on this Note have been paid in full.

6.       MAXIMUM LOAN CHARGES

     Lender  agrees that it will not charge  interest or other loan charges that
exceed  the  maximum  lawful  rate,  it being  Lender's  intent  not to charge a
usurious  interest rate. If it is discovered that interest or other loan charges
exceed the maximum  lawful rate,  Borrower will give Lender the  opportunity  to
refund to it that amount  collected  which exceeded the maximum lawful rate plus
interest on that amount at the maximum lawful rate. Lender will then modify this
Note  and all  instruments  securing  this  Note so that  Borrower  will  not be
required to pay further  interest or other loan  charges that exceed the maximum
lawful rate.

7.       BORROWER'S FAILURE TO PAY AS REQUIRED

     7.1 Default. If Borrower:

<PAGE>

     does not pay the full amount of each  payment  within  (25) days  following
date when due; or

     fails to keep any promises made in any Security  Instrument (as the same is
defined in Paragraph 13 hereof);

     is dissolved or liquidated;

     or, fails in any other obligation under the Acquisition Agreement

     then  Borrower  will be in default  without  notice and Lender may  require
Borrower to pay immediately the full amount of principal which has not been paid
and all the interest that Borrower owes on that amount.

     7.2 No Waiver By Lender.  If, at a time when Borrower is in default  Lender
does not require  Borrower to pay immediately in full as described  above,  this
will not be a waiver of Lender's  rights and Lender will still have the right to
do so if Borrower is in default at a later time.

     7.3 Payment of Lender's Reasonable  Attorney's Fees, Costs and Expenses. If
Borrower is in default as described above, Borrower will pay for all of Lender's
reasonable  costs  and  expenses  in  enforcing  this  Note  to the  extent  not
prohibited  by  applicable  law.  Those  expenses  include,  without  limitation
reasonable  attorneys'  fees  incurred  by the  Note  Holder  in  collecting  or
enforcing  payment hereof or in protecting the same,  whether incurred in or out
of  court,   including  without  limitation  probate   proceedings,   bankruptcy
proceedings and appeals.

8.       GIVING OF NOTICES

     Unless applicable law requires a different  method,  any notice to be given
to  Borrower  under this Note will be given by  personally  delivering  it or by
mailing it by  registered  mail  return  receipt  requested  to  Borrower at the
address provided in Paragraph 1, or at a different address if Borrower has given
Lender a written notice of a different address for Borrower.

     Any  notice  that must be given to Lender  under this Note will be given by
mailing it by registered mail return receipt  requested to Lender at the address
stated in  Paragraph  2, or at a  different  address  if Lender has been given a
notice of that different address.

9.       OBLIGATIONS OF PERSONS UNDER THIS NOTE

     Any person or entity who is a  guarantor,  co-maker,  surety or endorser of
this Note is fully and personally  obligated to keep all of the promises made in
this Note,  including  the  promise to pay the full amount  owed.  Any person or
entity who assumes these obligations,  including the obligations of a guarantor,
co-maker,  surety or endorser of this Note, is also obligated to keep all of the
promises  made in this Note,  and Lender may enforce its rights  under this Note
against  each  such  person  or  entity,  individually  or  against  all of them
together.

<PAGE>

10.      WAIVERS

     Any person or entity who has obligations  under this Note waives the rights
of presentment and notice of dishonor.  "Presentment" means the right to require
Lender or Note Holder to demand  payment of amounts  due.  "Notice of  dishonor"
means the right to  require  Lender or Note  Holder to give to other  persons or
entities notice that amounts due have not been paid.

11.      THIS NOTE IS SECURED

     In addition to the  protections  given to Lender under this Note, this Note
is secured by a Mortgage and Security  Agreement and an Assignment of Rents (the
"Security  Instrument"),  dated  the  same  date  as  this  Note.  The  Security
Instrument  (a)  protects  Lender from  possible  losses  which might  result if
Borrower does not keep the promises  which  Borrower makes in this Note, and (b)
also describes how and under what further conditions Borrower may be required to
make  immediate  payment in full of all amounts  that  Borrower  owes under this
Note.

12.               ANTI-DILUTION PROVISIONS

     The Borrower  covenants  with the Lender that so long as any portion of the
principal of this Note remains outstanding and may be converted:

     12.1 it  will  cause  the  shares  of  Common  Stock  and  th  certificates
          representing  the Common Stock subscribed and paid for pursuant to the
          conversion of the Note to be duly issued and deposited with the Escrow
          Agent for delivery in accordance  with the  Acquisition  Agreement and
          the terms thereof;

     12.2 all shares of Common Stock that shall be issued upon conversion at the
          prevailing  Conversion Price herein provided,  shall be fully paid and
          non-assessable;

     12.3 it will use its best efforts to maintain its corporate existence; and

     12.4 generally,  it will  well and truly  perform  and carry out all of the
          acts or things to be done by it as provided herein.

     This Note and the Common Stock  issuable upon  conversion of this Note were
issued  under  Regulation  D  under  the  Act  and  may be  transferred  only in
accordance therewith and as provided in the legends set forth in this Note.

     The Lender  shall not,  by virtue  hereof,  be  entitled to any rights of a
shareholder  in the  Borrower,  either at law or  equity,  and the rights of the
Lender  are  limited  to those  expressed  in the  Note and are not  enforceable
against the Borrower except to the extent set forth herein.

     The Conversion Price and the number and kind of securities purchasable upon
the  conversion  of the Note  shall be subject  to the  following  anti-dilution
provisions as adjustments from time to time upon the happening of certain events
are follows:

<PAGE>

     12.5 In  case  the  Borrower  shall  (i)  declare  a  dividend  or  make  a
          distribution  on its  outstanding  shares of Common Stock in shares of
          Common Stock,  (ii) subdivide or reclassify its outstanding  shares of
          Common  Stock  into a greater  number of shares,  or (iii)  combine or
          reclassify  its  outstanding  shares  of Common  Stock  into a smaller
          number of shares,  the  Conversion  Price in effect at the time of the
          record date for such dividend or distribution or of the effective date
          of such subdivision, combination or reclassification shall be adjusted
          so that it  shall  equal  the  price  determined  by  multiplying  the
          respective  Conversion  Price by a fraction,  the denominator of which
          shall be the number of shares of Common Stock outstanding after giving
          effect to such action,  and the numerator of which shall be the number
          of  shares  of  Common  Stock  outstanding  immediately  prior to such
          action. Such adjustment shall be made successively  whenever any event
          listed above shall occur.

     12.6 Whenever the  respective  Conversion  Price payabl upon  conversion of
          each Note is adjusted  pursuant to Subsection (1) above, the number of
          Shares  purchasable upon conversion of this Note shall  simultaneously
          be adjusted by multiplying the respective  number of Shares  initially
          issuable upon  conversion of this Note by a fraction,  the denominator
          of which shall be the  Conversion  Price after  giving  effect to such
          action and the  numerator  of which shall be the  Conversion  Price in
          effect immediately prior to such action.

     12.7 No adjustment in the  Conversion  Price shall be required  unless such
          adjustment  would require an increase or decrease of at least one cent
          ($0.01) in such price; provided,  however, that any adjustment that by
          reason of this  Subsection  (3) is not  required  to be made  shall be
          carried  forward and taken into account in any  subsequent  adjustment
          required to be made hereunder.  All calculations under this Note shall
          be  made to the  nearest  cent or to the  nearest  one-hundredth  of a
          share,  as the  case may be.  Anything  in this  Note to the  contrary
          notwithstanding,  the  Borrower  shall be  entitled,  but shall not be
          required, to make such changes in the Conversion Price, in addition to
          those  required  by this  Note,  as it  shall  determine,  in its sole
          discretion, to be advisable in order that any dividend or distribution
          in shares of Common Stock,  or any  subdivision,  reclassification  or
          combination of Common Stock,  hereafter made by the Borrower shall not
          result in any federal  income tax  liability  to the holders of Common
          Stock or  securities  convertible  into Common  Stock  (including  the
          Note).

     12.8 In the  event  that at any  time,  as a result  of a  adjustment  made
          pursuant to Subsection (1) above,  the Lender  thereafter shall become
          entitled  to receive  any shares of the  Borrower,  other than  Common
          Stock,  thereafter the number of such other shares so receivable  upon
          conversion  of this Note shall be subject to  adjustment  from time to
          time in a manner and on terms as nearly  equivalent as  practicable to
          the  provisions   with  respect  to  the  Common  Stock  contained  in
          Subsections (1) to (3) inclusive above.

<PAGE>

     12.9 Irrespective of any adjustments in the respective  Conversion Price or
          the related number or kind of shares  purchasable  upon  conversion of
          this Note,  Notes  theretofore  or  thereafter  issued may continue to
          express  the same price and number and kind of shares as are stated in
          the similar Note initially issuable pursuant to this Note.

     Whenever the respective  Conversion  Price shall be adjusted as required by
the  provisions  of the  foregoing,  the Borrower  shall  forthwith  file in the
custody of its Secretary or an Assistant  Secretary at its principal  office, an
officer's certificate showing the adjusted Conversion Price determined as herein
provided,   setting  forth  in  reasonable   detail  the  facts  requiring  such
adjustment,  including a statement of the number of related additional shares of
Common  Stock,  if any,  and such other facts as shall be  necessary to show the
reason for and the manner of  computing  such  adjustment.  Each such  officer's
certificate  shall be made available at all  reasonable  times for inspection by
the Lender  executed and  delivered  by the  Borrower  and the  Borrower  shall,
forthwith  after each such  adjustment,  mail a copy by  certified  mail of such
certificate to the Lender.

     So long as this Note shall be  outstanding,  (i) if the Borrower  shall pay
any  dividend  or make any  distribution  upon the  Common  Stock or (ii) if the
Borrower shall offer to the holders of Common Stock for subscription or purchase
by them any share of any class or any other rights, options or warrants or (iii)
if a capital  reorganization  of the Borrower,  reclassification  of the capital
stock of the  Borrower,  consolidation  or merger of the  Borrower  with or into
another corporation,  sale, lease or transfer of all or substantially all of the
property  and assets of the  Borrower to another  corporation,  or  voluntary or
involuntary  dissolution,  liquidation  or winding up of the  Borrower  shall be
effected,  then in any such  case,  the  Borrower  shall  cause to be  mailed by
certified  mail to the  Holder,  at least  fifteen  (15) days  prior to the date
specified,  as the case may be, a notice  containing a brief  description of the
proposed  action and stating the date on which a record date is to be determined
for the purpose of such dividend,  distribution or issue of rights,  options, or
warrants  or  such  reclassification,   reorganization,  consolidation,  merger,
conveyance,  lease, dissolution,  liquidation or winding up is to take place and
the date, if any is to be fixed as of which the holders of Common Stock or other
securities   shall  receive  cash  or  other  property   deliverable  upon  such
reclassification,    reorganization,    consolidation,    merger,    conveyance,
dissolution,  liquidation  or winding up. The failure to give such notice  shall
not otherwise affect the action take by the Borrower.

     In case of any reclassification,  capital reorganization or other change of
outstanding shares Common Stock of the Borrower, or in case of any consolidation
or merger of the Borrower with or into another  corporation (other than a merger
with a subsidiary in which merger the Borrower is the continuing corporation and
that does not result in any  reclassification,  capital  reorganization or other
change  of  outstanding  shares  of  Common  Stock of the  class  issuable  upon
conversion of this Note) or in case of any sale,  lease or conveyance to another
corporation of the property of the Borrower as an entirety,  the Borrower shall,
as a condition precedent to such transaction,  cause effective  provisions to be
made so that the Holder shall have the right thereafter, by converting this Note
at any time prior to the  expiration of the Note, to receive the kind and amount
of  shares  of stock an other  securities  and  property  receivable  upon  such
reclassification,   capital  reorganization  and  other  change,  consolidation,
merger, sale or conveyance by a holder of such number of shares of Common

<PAGE>

Stock that might have been  received upon  conversion  of this Note  immediately
prior  to  such  reclassification,   change,  consolidation,   merger,  sale  or
conveyance.  Any such provision  shall include  provision for  adjustments  that
shall be as nearly equivalent as may be practicable to the adjustments  provided
for in this Note.  The foregoing  provisions of this paragraph  shall  similarly
apply to successive  reclassifications,  capital  reorganizations and changes of
shares  of Common  Stock and to  successive  consolidations,  mergers,  sales or
conveyances.   In  the  event  that  in   connection   with  any  such   capital
reorganization or reclassification,  consolidation,  merger, sale or conveyance,
additional  shares of Common  Stock  shall be  issued in  exchange,  conversion,
substitution  or payment,  in whole or in part,  for a security of the  Borrower
other than Common  Stock,  any such issue shall be treated as an issue of Common
Stock covered by the provisions contained in this Note.

13.      RANKING OF NOTE AND APPLICABLE LAW

     This Note shall rank pari passu,  whatever  may be the actual date of issue
of the same.

     This Note shall be governed by and  interpreted in accordance with the laws
of the State of Florida.

     Any  controversy  or claim arising out of or relating to this Note (whether
in contract or tort,  or both,  or at law or in equity)  shall be  determined by
binding  arbitration  at  Fort  Lauderdale,  Florida,  in  accordance  with  the
commercial  arbitration  rules  of the  American  Arbitration  Association.  The
prevailing  party in any  arbitration  proceeding  shall be  awarded  reasonable
attorneys  fees and costs of the  proceeding.  The  arbitration  award  shall be
final,  and may be entered  in any court  having  jurisdiction.  Nothing in this
paragraph  shall  preclude  either party from  applying to a court for temporary
equitable relief, when appropriate, pending and subject to such temporary orders
and permanent award as the arbitrator or arbitrators may make.

     The Borrower and Lender  agree that the courts of Broward  County,  Florida
shall have exclusive  jurisdiction  and venue for the  adjudication of any civil
action  between  them  arising  out of relating  to this  Agreement,  and hereby
irrevocably consent to such jurisdiction and venue.

14.      WAIVER OF JURY TRIAL

     BY  ACCEPTANCE  HEREOF  LENDER AND BORROWER  AGREE THAT NEITHER  LENDER NOR
BORROWER, NOR ANY ASSIGNEE, SUCCESSOR, HEIR OR LEGAL REPRESENTATIVE OF EITHER OF
THEM (ALL OF WHOM ARE  HEREINAFTER  REFERRED TO AS THE  "PARTIES")  SHALL SEEK A
JURY TRIAL IN ANY LAWSUIT,  PROCEEDING,  COUNTERCLAIM,  OR ANY OTHER  LITIGATION
PROCEDURE BASED UPON OR ARISING OUT OF THIS NOTE, ANY SECURITY INSTRUMENT OR ANY
OTHER INSTRUMENT EVIDENCING,  SECURING OR RELATING TO THE INDEBTEDNESS EVIDENCED
BY THIS NOTE, ANY RELATED AGREEMENT OR INSTRUMENT,  ANY OTHER COLLATERAL FOR THE
INDEBTEDNESS  EVIDENCED  HEREBY OR THE DEALINGS OR THE  RELATIONSHIP  BETWEEN OR
AMONG THE PARTIES,  OR ANY OF THEM. NONE OF THE PARTIES WILL SEEK TO CONSOLIDATE
ANY SUCH ACTION, IN

<PAGE>

WHICH A JURY TRIAL HAS BEEN WAIVED,  WITH ANY OTHER IN WHICH A JURY TRIAL CANNOT
BE OR HAS NOT BEEN WAIVED.  THE  PROVISIONS  OF THIS  PARAGRAPH  HAVE BEEN FULLY
NEGOTIATED BY LENDER AND BORROWER,  ARE A MATERIAL INDUCEMENT FOR LENDER TO MAKE
THE LOAN OR EXTENSION  OF CREDIT  EVIDENCED BY THIS NOTE AND SHALL BE SUBJECT TO
NO  EXCEPTIONS.  NEITHER  LENDER NOR  BORROWER  HAVE IN ANY WAY  AGREED  WITH OR
REPRESENTED TO THE OTHER THAT THE PROVISIONS OF THIS PARAGRAPH WILL NOT BE FULLY
ENFORCED IN ALL INSTANCES.

         Effective on the ___ day of ____________________, 2000.

                                          CUIDAO HOLDING CORPORATION, a Florida
                                          corporation, BORROWER

                                              By:______________________________
                                                 C. Michael Fisher, President

<PAGE>

        EXHIBIT B TO THE SECOND CONVERTIBLE NOTE ACQUISITION AGREEMENT

Prepared by & Return to:
Mintmire & Associates
265 Sunrise Ave., Suite 204
Palm Beach, Florida 33480

                         MORTGAGE AND SECURITY AGREEMENT

THIS  MORTGAGE AND SECURITY  AGREEMENT IS GIVEN BY BORROWER AS PART OF A CERTAIN
CONVERTIBLE NOTE ACQUISITION AGREEMENT DATED THE SAME DATE AS THIS AGREEMENT AND
IS FURTHER CONDITIONED UPON AND/OR LIMITED BY THE TERMS AND CONDITIONS SET FORTH
THEREIN. ANY HOLDER OF THIS MORTGAGE AND SECURITY AGREEMENT IS ADVISED TO REVIEW
A COPY OF THIS  CONVERTIBLE  NOTE  ACQUISITION  AGREEMENT FOR SUCH ADDITIONAL OR
OTHER  TERMS AND  CONDITIONS  WHICH MAY APPLY TO THIS  AGREEMENT.  A COPY OF THE
CONVERTIBLE NOTE ACQUISITION  AGREEMENT IS MAINTAINED AT THE OFFICES OF BOTH THE
BORROWER AND THE LENDER FOR SUCH REVIEW.

THIS MORTGAGE  REPRESENTS A FIRST MORTGAGE UPON THE PROPERTY IN  SUBSTITUTION OF
THE ORIGINAL FIRST MORTGAGE HELD BY SANDRA COOPER  RECORDED ON 2951 SIMMS STREET
REAL ESTATE LOCATED IN HOLLYWOOD,  FLORIDA BY ASSIGNMENT  FROM EM-STAR  MORTGAGE
CO, RECORDED ON 2951 SIMMS STREET REAL ESTATE LOCATED IN HOLLYWOOD, FLORIDA, AND
RECORDED  FEBRUARY 4, 1999, IN OFFICIAL  RECORD BOOK 29206, AT PAGE 1362, OF THE
PUBLIC  RECORDS OF BROWARD  COUNTY,  FLORIDA WITH THE FIRST  MORTAGE  PAYABLE TO
EM-STAR  MORTGAGE CO.  RECORDED IN OFFICIAL RECORD BOOK 29206, AT PAGE 1355 (THE
"PROPERTY")

1.       IDENTIFICATION OF BORROWER

     Borrower's  name and address is:
                CUIDAO  HOLDING  CORP.
                2951 SIMMS STREET
                HOLLYWOOD, FL 33020-1510

     Borrower may change such address from time to time by giving  notice to the
Lender as provided in Paragraph 17.

2.       IDENTIFICATION OF LENDER

     Lender's name and address is:
                WM PROPERTIES OF SOUTH FLORIDA,  INC.
                1800 N. DIXIE HIGHWAY
                HOLLYWOOD, FL 33020

<PAGE>

     Lender may change such address from time to time by giving  Borrower notice
as provided in Paragraph 17.

3.       DESCRIPTION OF NOTE SECURED BY THIS MORTGAGE

     Borrower owes Lender the principal sum of Four Hundred Ninety Five Thousand
United States Dollars  ($495,000.00)  together with interest accruing thereon as
evidenced  by its note to  Lender  (the  "Note")  dated  the  same  date as this
Mortgage  and which  requires  payment as therein  set forth with all sums owing
thereon. The Note and this Mortgage and Security Agreement are part of a certain
Convertible   Note  Acquisition   Agreement  of  even  date  (the   "Acquisition
Agreement"),  which Acquisition Agreement,  by reference herein, is incorporated
into this Agreement in its entirety.

4.       DESCRIPTION OF PROPERTY MORTGAGED

     Property being mortgaged (the "Real Property") is described as follows:

The South 174 feet, less the East 150 feet thereof,  of that portion of parcel B
lying  Between N. 29th Court and No. 30th Avenue,  as shown on the Plat of SOUTH
FLORIDA  INDUSTRIAL PARK,  according to the Plat thereof,  recorded in Plat Book
63, Page 38 of the Public Records of Broward County, Florida.

together with all of the following:

     4.1  all improvements now or later placed on the Rea Property;

     4.2  all rents and profits received in connection with the Real Property;

     4.3  all easements, fixtures, benefits, and other appurtenances that may at
          any time benefit the Real Property;

     4.4  all  development  and  utilities  rights  that  might  at any  time be
          available to the Real Property;

     4.5  all  goods in which  Borrower  owns an  interest  affixed  or that may
          become affixed to the Real Property;

     4.6  all accounts receivable,  general  intangibles,  actions and rights in
          action,  in which Borrower now or hereafter has any rights,  including
          all of its  rights  under  contracts  with  any  architect,  engineer,
          surveyor,  subcontractor,  and  supplier in  connection  with the Real
          Property,  all of which  contracts  Borrower hereby assigns to Lender,
          together  with all plans,  specifications,  drawings,  schedules,  and
          copyrights included therein;

<PAGE>

     4.7  all rights to insurance policies and proceeds, all licenses,  building
          and  business  permits,  and all  utility  reservations  and rights to
          receive utility services,  and all rights to and under fees or charges
          paid by Borrower or on Borrower's  behalf in connection  with the Real
          Property;

     4.8  all equipment,  furnishings, and appliances, in which Borrower now has
          or may hereafter acquire any rights, used or useful in connection with
          the Real Property;

     4.9  all other  rights that  Borrower has or will have as owner of the Real
          Property;

     4.10 together  with  all  proceeds,  products,   replacements,   additions,
          substitutions, renewals, and accessions of any of the foregoing items.

     Borrower  refers below to all of these  properties,  rights,  and interests
that Borrower encumbers by this Mortgage as the "Property."

5.       MORTGAGE OF PROPERTY TO LENDER

     By executing this instrument,  Borrower mortgages the Property to Lender to
secure  Borrower's  performance  of its promises made in the Second  Convertible
Note Acquisition  Agreement,  the Note and this Mortgage.  Subject to any terms,
conditions  or  limitations   contained  in  the  Convertible  Note  Acquisition
Agreement or the Note, this means Borrower gives Lender all of those rights that
the law gives to lenders who hold  mortgages on property as well as those rights
set forth in this Mortgage.

6.       PROMISES

     Borrower makes the following promises to Lender:

     6.1  Warranty.  Subject to the first  mortgage  on the  Property,  Borrower
          fully  warrants  the title to the  Property  and will  defend the same
          against the lawful claims of all others.  This means Borrower owns the
          Property and will defend its ownership against all claims.

     6.2  Compliance  with  Terms  of  Second   Convertible   Note   Acquisition
          Agreement,  Note and  Mortgage.  Borrower  will comply with all of the
          terms and  provisions  of, the  Second  Convertible  Note  Acquisition
          Agreement, the Note and this Mortgage.

     6.3  Taxes and Assessments. Borrower will pay all taxes and assessments and
          any other charge  levied  against or which could become a lien against
          the Property  [as well as all taxes  imposed,  levied,  or assessed on
          this Mortgage or the  indebtedness  secured  hereby (but excluding any
          income type tax)] when due [and,  in any event,  before the end of the
          year in which the same  become  due] [and,  in any event,  before they
          become delinquent or subject to interest charges or penalty].

     6.4  Insurance.   Borrower   will  keep  the  Property   insured  for  full
          replacement cost. All such policies must:

<PAGE>

          (a)  provide  that all  payments due by Borrower are payable to Lender
               in accordance with the intent of the Convertible Note Acquisition
               Agreement and Note as mortgagee; and

          (b)  require not less than  thirty  (30) days notice to Lender  before
               they may be canceled.

     Borrower will renew all such  insurance  policies not less than thirty (30)
days  before  they would  expire.  Borrower  will  notify  Lender of any loss or
damage.  If any moneys become payable,  Lender will have the right to reduce the
amount  owing on the Note as if  Borrower  had made a  prepayment  or apply them
toward the restoration of the Property.

7.       AGREEMENTS OF BORROWER CONCERNING THE PROPERTY

     Borrower agrees:

     7.1  to maintain the Property in good and functioning condition, performing
          all repairs,  replacements  and maintenance  necessary to preserve the
          Property's value;

     7.2  not to permit any waste or deterioration of the Property;

     7.3  not to permit the demolition, destruction or removal of any portion of
          the Property without first securing Lender's written consent;

     7.4  to permit Lender or its  representative  to enter upon and inspect the
          Property from time to time.

     7.5  not to further  encumber  any  interest in or any part of the Property
          without the prior written consent of the Lender.

8.       SECURITY AGREEMENT

     Some items of the Property are personal property (the "Personal Property").
Borrower grants Lender a security  interest in the Personal Property and against
all  additions  to,  replacements  of, and  proceeds of the  Personal  Property.
Although  this Mortgage is a  self-operative  security  agreement  affecting the
Personal  Property,  Borrower  agrees to execute and deliver to Lender any other
written instrument that Lender might reasonably demand to create or evidence its
security interest.  In addition to all other available remedies,  Lender has all
of the  rights  and  remedies  of a  secured  party  under the  Florida  Uniform
Commercial Code.

9.       MAXIMUM LOAN CHARGES

     Lender  agrees that it will not charge  interest or other loan charges that
exceed  the  maximum  lawful  rate,  it being  Lender's  intent  not to charge a
usurious  interest rate. If it is discovered that interest or other loan charges
exceed the maximum lawful rate, Borrower will give Lender the

<PAGE>

opportunity  to refund to Borrower  that amount  collected  which  exceeded  the
maximum  lawful rate plus interest on that amount at the maximum lawful rate. In
no event may any prepayment charge be made or prepayment  prohibition  provision
apply.  Borrower  will then modify this  Mortgage and the Note so that  Borrower
will not be required to pay further  interest or other loan  charges that exceed
the maximum lawful rate.

10.      CONDEMNATION

     Borrower  agrees that if the Property or any part of it is condemned  under
any power of  condemnation,  or  acquired  for a public use,  then the  damages,
proceeds,  and consideration  given for such  acquisition,  to the extent of its
obligations  to Lender,  will be paid to Lender if such payment is in accordance
with the intent of the  Convertible  Note  Acquisition  Agreement and Note to be
applied on account of Borrower's obligations to Lender, whether due or not.

11.      PERFORMANCE OF OTHER ENCUMBRANCES

     Borrower agrees to comply with all of the terms and conditions of any other
mortgages or  encumbrances  that affect the Property.  Borrower  agrees that its
failure  to comply  with or fully  perform  the terms  and  conditions  of other
encumbrances against the Property shall constitute a default under this Mortgage
and shall entitle Lender,  at Lender's  option,  to exercise any right available
for Borrower's default under this Mortgage.

12.      OBLIGATIONS OF PERSONS UNDER THIS NOTE

     Any person or entity who is a  guarantor,  co-maker,  surety or endorser of
the Note is fully and  personally  obligated to keep all of the promises made in
the Note and this  Mortgage,  including the promise to pay the full amount owed.
Any person or entity who takes over these obligations, including the obligations
of a guarantor,  co-maker,  surety or endorser of the Note, is also obligated to
keep all of the promises made in this Mortgage and in the Note.  All  subsequent
owners of the  Property  must  keep all of my  promises  made in this  Mortgage.
Lender may enforce its rights under the Convertible Note Acquisition  Agreement,
the Note and this Mortgage against each person or entity individually or against
all of them together.

13.       APPLICATION OF PAYMENTS

     All payments  received by Lender or attributable  as a reduction  amount to
the unpaid  principal  under the Note shall be  applied:  first,  to  previously
accrued  but unpaid  interest  under the Note;  second,  to charges  for overdue
payments  that are due under the Note;  third,  to  amounts  payable  for taxes,
insurance,  or other  advances  made by Lender  on  Borrower's  behalf,  if any;
fourth,  to deposits  that  Borrower must pay, if any, for the payment of future
taxes and insurance; fifth, to current interest due; and last to principal.

14.      APPOINTMENT OF RECEIVER

<PAGE>

     Borrower  agrees  that  Lender  may,  at any  time  pending  a suit on this
Mortgage,  apply to the  court  having  jurisdiction  for the  appointment  of a
receiver;  and such court shall immediately  appoint a receiver of the Property,
including all income, profits, issues, and revenues from whatever source derived
relating to the Property, all of which, is hereby mortgaged,  as if specifically
set forth and described in this Mortgage.  Such appointment shall be made by the
court as an  admitted  equity  and a matter of  absolute  right to  Lender,  and
without reference to the adequacy or inadequacy of the value of the Property, or
to Borrower's solvency or insolvency.  Such rents, profits,  income, issues, and
revenues shall be applied by the receiver according to the lien of this Mortgage
and the practice of the court.

15.      ACCELERATION AND REMEDIES UPON DEFAULT

     Time is of the essence in Borrower's  payment of amounts due under,  and in
its  performance  of  all  promises  under,  the  Convertible  Note  Acquisition
Agreement,  the Note or this  Mortgage.  If Borrower  fails to keep any promises
made in or satisfy  requirements of this Mortgage and does not cure that failure
within fifteen (15) days following date on which Lender gives notice as provided
in the paragraph below entitled "Giving of Notices;" or if Borrower is dissolved
or  liquidated;  then Borrower will be in default  without notice and Lender may
require  Borrower to pay  immediately the full amount of the principal which has
not been paid and all the  interest  that  Borrower  owes on that amount and any
other amounts that Borrower may owe pursuant to the Note or this  Mortgage,  and
Lender may, in addition to pursuing other  remedies,  foreclose this Mortgage by
judicial proceeding and sale of the Property.

16.      PAYMENT OF LENDER'S ATTORNEYS FEES, COSTS AND EXPENSES

     If Borrower is in default as described above, Lender will have the right to
be repaid by Borrower for all of Lender's  costs and expenses in enforcing  this
Mortgage,  the Convertible Note Acquisition  Agreement or the Note to the extent
not prohibited by applicable law. Those expenses  include,  without  limitation,
reasonable  attorneys' fees (before trial, at trial, or on appeal), and the cost
of a title abstract or other search for the Property.

17.      GIVING OF NOTICES

     Unless applicable law requires a different  method,  any notice to be given
to Borrower under this Mortgage will be given by personally  delivering it or by
mailing it by  registered  mail,  return  receipt  requested  to Borrower at the
address provided above, or at a different address if Borrower has given Lender a
written notice of a different address for it.

     Any notice that must be given to Lender under this  Mortgage  will be given
by mailing it by  registered  mail,  return  receipt  requested to Lender at the
address  stated  above,  or at a different  address if Borrower has been given a
notice of that different address.

18.      FORECLOSURE OF OTHER LIENS

     If  foreclosure  proceedings  of any mortgage or lien of any kind affecting
the Property,

<PAGE>

whether superior or inferior to this Mortgage,  are instituted,  then Lender may
at its option,  immediately or thereafter,  declare this Mortgage and the entire
indebtedness secured hereby due and payable.

19.      NO WAIVER BY LENDER

     If, at a time when Borrower is in default, Lender does not require Borrower
to pay  immediately  in full as  described  above,  this will not be a waiver of
Lender's  rights and Lender will still have the right to do so if Borrower is in
default at a later time.

20.      RIGHT TO CURE

     If Borrower defaults on any of its promises or agreements contained in this
Mortgage or in the  Convertible  Note  Acquisition  Agreement or this Note, then
without  prejudicing  Lender's right to other remedies,  Lender may perform that
promise or agreement  on  Borrower's  behalf,  and all  expenditures  (including
reasonable  attorney's  fees) made by Lender in so doing shall bear  interest at
the highest legal rate, and shall be repayable  immediately  and,  together with
interest and costs accruing thereon, shall be secured by this Mortgage.

21.      FUTURE ADVANCES

     This Mortgage secures not only existing  indebtedness,  but also any future
advances  that Lender might make to Borrower  within  twenty (20) years from the
date of this  Mortgage,  whether  Lender is obligated to make those  advances or
Lender  makes them at its  discretion.  This  Mortgage  will  secure such future
advances even if no advance is made on the date of this Mortgage and although no
indebtedness  is outstanding  when any advance is made.  The total  indebtedness
secured by this Mortgage may decrease or increase from time to time, but it will
not at any time exceed two times the face amount of the Note,  plus interest and
any  disbursements  that Lender  makes on  Borrower's  behalf for the payment of
taxes, insurance, or other reasons.

22.      NO TRANSFER WITHOUT CONSENT

     The loan  represented by this Mortgage,  the Convertible  Note  Acquisition
Agreement and the Note is personal to the Borrower.  Borrower I recognizes  that
Lender has made the loan based on its credit and character,  and on its judgment
of Borrower's ability to repay the loan.  Accordingly,  this Mortgage may not be
assumed  by any  subsequent  holder  of any  interest,  title,  or  claim to the
Property without Lender's written consent.  If Borrower  attempts,  at any time,
directly or indirectly, to lease the Property for a period of more than five (5)
years,  grant an option to purchase the Property,  sell, convey, or transfer any
interest or title in the Property without Lender's  written  approval,  then the
remaining  principal balance on the Note and all accrued interest  thereon,  and
all other sums secured by this Mortgage will, at Lender's option, without notice
or demand, become immediately due and payable.

<PAGE>

23. GOVERNING LAW; SEVERABILITY

     This Mortgage shall be governed by the law of the State of Florida.  In the
event that any  provision  or clause of this  Mortgage or of the Note  conflicts
with  applicable  law, such conflict  shall not affect other  provisions of this
Mortgage,  the Convertible Note  Acquisition  Agreement or the Note which can be
given effect without the  conflicting  provision.  To this end the provisions of
this  Mortgage,  the  Convertible  Note  Acquisition  Agreement and the Note are
declared to be severable . 24. HAZARDOUS WASTE

     Borrower  warrants that the Property is not polluted or contaminated by any
hazardous or toxic materials,  and, to the best of Borrower's knowledge, has not
in the  past  and  is not  presently  being  used  for  the  handling,  storage,
treatment,  generation,  transportation,  or  disposal  of  hazardous  or  toxic
materials.  Also  Borrower  warrants  that the Property  contains no asbestos or
asbestos- containing  materials,  nor does it contain underground storage tanks.
Borrower  agrees that it will not at any time in the future  permit the Property
to be polluted or contaminated  with hazardous or toxic  materials,  and it will
comply in all  respects  with all legal  requirements  intended  to protect  the
environment  that might apply to the Property or to  activities on the Property.
Borrower agrees to indemnify, defend, and hold Lender harmless from all charges,
losses,  damages,  penalties,  claims, expenses (including reasonable attorneys'
fees and court costs before trial, and at trial and appellate levels),  actions,
liabilities,  and obligations incurred by or asserted against Lender relating to
or arising from any claimed or actual pollution or contamination of the Property
with hazardous or toxic materials. Borrower agrees that Lender may, and Borrower
gives  Lender or its  representatives  an easement to enter upon the Property at
any time for the purpose of inspecting the Property for, and for conducting such
tests and  inspections as Lender in its discretion  might desire for discovering
the potential of, the  existence of hazardous or toxic  materials.  If Lender at
any time  determine  that  hazardous  or toxic  materials  may be present on the
Property,  or that the  Property is being used for the use,  handling,  storage,
treatment,  generation,  transportation,  or  disposal  of  hazardous  or  toxic
materials,  then  Lender may  require  that  Borrower  immediately  correct  any
violations  of law with  respect to those  materials  and  obtain all  necessary
environmental permits and approvals with respect to those materials.  Borrower's
failure to correct any such  violation  of the laws or to obtain such  necessary
environmental  permits and approvals  within a reasonable time will be a default
under this  Mortgage.  For purposes of this  paragraph,  the term  "hazardous or
toxic  materials"  will  include,  without  limitation,  petroleum and petroleum
products,  asbestos,  and all other  substances  that are  regulated by federal,
state, or local environmental laws or regulations or the presence of which could
expose the owner,  occupant,  or operator of the  Property,  under any  statute,
regulation,  or legal theory,  to liability for any damages,  clean up costs, or
other losses or expenses.

25.      ASSIGNMENT OF RENTS AND LEASES

     Borrower  assigns to Lender and gives  Lender a  security  interest  in all
leases of the Property and all rents and revenues  from the  Property.  However,
Borrower  will  continue  to collect  and use these  rents and  revenues as they
become  due and  payable  for so  long as  Borrower  is not in  default  on this
Mortgage,  the Convertible Note Acquisition  Agreement or the Note provided that
Borrower

<PAGE>

will not accept  money from any  tenant for more than one month in  advance.  If
Borrower is ever in default,  however,  Borrower agrees that Lender is entitled,
without demand,  to all such rents and revenues,  which Lender will apply first,
first, to previously accrued but unpaid interest under the Note; second, to late
charges due under the Note; third, to amounts payable for taxes,  insurance,  or
other advances made by Lender on Borrower's  behalf, if any; fourth, to deposits
that Borrower  must pay, if any, for the payment of future taxes and  insurance;
fifth, to current interest due; and last to principal' however, such application
will not cure any default.

26.      COST OF RECORDING SATISFACTION OF MORTGAGE

     At such time as Borrower  will become  entitled to a  satisfaction  of this
Mortgage,  then Borrower will be  responsible  to pay the cost of recording such
Satisfaction of this Mortgage.

27.      WAIVER OF RIGHT TO JURY TRIAL

     LENDER  AND  BORROWER  BOTH AGREE THAT  NEITHER OF THEM,  NOR THEIR  HEIRS,
SUCCESSORS, OR ASSIGNS (THE "PARTIES"),  WILL SEEK A JURY TRIAL IN ANY LAW SUIT,
PROCEEDING,  COUNTERCLAIM, OR ANY OTHER LITIGATION PROCEDURE BASED ON OR ARISING
OUT OF THIS MORTGAGE,  THE CONVERTIBLE NOTE  ACQUISITION  AGREEMENT OR THE NOTE.
NONE OF THE  PARTIES  WILL SEEK TO  CONSOLIDATE  ANY SUCH ACTION IN WHICH A JURY
TRIAL HAS BEEN WAIVED WITH ANY OTHER IN WHICH A JURY TRIAL  CANNOT BE OR HAS NOT
BEEN WAIVED.  BORROWER  ACKNOWLEDGES  THAT THE PROVISIONS OF THIS PARAGRAPH HAVE
BEEN FULLY NEGOTIATED BY LENDER AND BORROWER,  ARE A MATERIAL INDUCEMENT FOR THE
LOAN, THE REPAYMENT OF WHICH IS SECURED BY THIS  MORTGAGE,  AND SHALL BE SUBJECT
TO NO EXCEPTIONS.

Effective on the ___ day of _________________, 2000.

                                          CUIDAO HOLDING CORPORATION, a Florida
                                          corporation

                                              By:______________________________
                                                 C. Michael Fisher, President
Signed, sealed and delivered in our presence:
-------------------------------------       -----------------------------------
WITNESS                                     WITNESS

------------------------------------        -----------------------------------
(WITNESS'S PRINTED NAME)                    (WITNESS'S PRINTED NAME)

<PAGE>

STATE OF FLORIDA

COUNTY OF BROWARD

     The  foregoing  instrument  was  acknowledged  before  me this  ____ day of
_____________, 2000 by C. Michael Fisher, President of CUIDAO HOLDING CORP., who
is personally known to me, or who produced __________  _________________________
as    identification,    and   who   did   (did    not)   take   an   oath   and
_________________________and ____________________________ as witnesses.

                                                -------------------------------
           seal                                 Notary Public
                                                My Commission Expires:_________

<PAGE>

        EXHIBIT C TO THE SECOND CONVERTIBLE NOTE ACQUISITION AGREEMENT

Prepared by & Return to:
Mintmire & Associates
265 Sunrise Ave., Suite 204
Palm Beach, Florida 33480

                            RELEASE AND SATISFACTION

     KNOW ALL MEN BY THESE PRESENTS that the undersigned, WM PROPERTIES OF SOUTH
FLORIDA,  INC.  acknowledges  full payment of the  indebtedness  secured by that
certain mortgage, dated  ___________________,  2000, made and executed by CUIDAO
HOLDING  CORP.  to WM  PROPERTIES OF SOUTH FLORIDA INC. to secure the payment of
the principal sum of FOUR HUNDRED  NINETY FIVE  THOUSAND  UNITED STATES  DOLLARS
($495,000.00),  which  mortgage  was duly  recorded on  ______________,2000,  in
Official  Record Book ______,  at Page ______,  of the Public Records of Broward
County,  Florida,  and which  mortgage  was secured on 2951 /2953 Simms  Street,
Hollywood, Florida whose legal description is as follows:

         The South 174 feet, less the East 150 feet thereof,  of that portion of
         parcel B lying  Between N. 29th Court and No. 30th Avenue,  as shown on
         the  Plat of  SOUTH  FLORIDA  INDUSTRIAL  PARK,  according  to the Plat
         thereof,  recorded  in Plat Book 63,  Page 38 of the Public  Records of
         Broward County, Florida.

On  recordation  of  this  instrument,  the  mortgage  shall  be and is  forever
discharged,  and the undersigned  does further release and satisfy the mortgage.
The mortgage has not been assigned.

     This  Release  and  Satisfaction  was  given  as part of a  certain  Second
Convertible  Note  Acquisition  Agreement  dated  September 26, 2000 and held in
escrow  pursuant to the terms of such  agreement  to secure the  performance  of
CUIDAO HOLDING CORP. under the terms thereof and the terms of a certain Mortgage
Note of even date.

     IN WITNESS  WHEREOF,  the  Mortgage  Holder has  executed  this Release and
Satisfaction effective on the ___ day of _____________, 2000.

                                           WM PROPERTIES OF SOUTH FLORIDA, INC.

                                           By:_______________________________

Signed, sealed and delivered in our presence:
-----------------------------------        ------------------------------------
WITNESS                                    WITNESS
-----------------------------------        ------------------------------------
(WITNESS'S PRINTED NAME)                   (WITNESS'S PRINTED NAME)

<PAGE>

STATE OF FLORIDA

COUNTY OF BROWARD

     The  foregoing  instrument  was  acknowledged  before  me this  ____ day of
__________,  2000 by _____________________,  President of WM PROPERTIES OF SOUTH
FLORIDA,  INC.,  who is  personally  known  to me,  or who  produced  __________
_________________________ as identification,  and who did (did not) take an oath
and    __________________________and     _________________________________    as
witnesses.

                                                -------------------------------
             seal                               Notary Public

                                                My Commission Expires:_________

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