Document:

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

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

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

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

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

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

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

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

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

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

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

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

                        [SIGNATURES FOLLOW ON NEXT PAGE]

<PAGE>

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

E  NET  FINANCIAL.COM,  INC.

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

LAGUNA  PACIFIC  PARTNERS,  L.P.

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

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

<PAGE>EMPLOYMENT AGREEMENT
                              --------------------

This  EMPLOYMENT AGREEMENT ("Agreement") is made, entered into, and effective as
of                    ,  2001  (the  "Effective  Date"),  by  and  between  Anza
Properties, Inc., a Nevada corporation (the "Company" or "Subsidiary"), a wholly
owned  Subsidiary of E-Net Financial.com, Inc. (the "Parent Company") and Thomas
Ehrlich,  an  individual  ("Employee")  (collectively,  the  "Parties").

                                 R E C I T A L S
                                 ---------------

     A.     Company  is  engaged  in  the  business  of acquiring, operating and
selling  real  estate  and  maintains  an  office  in  the  State of California.
Company/Subsidiary  will  cause  to  be  completed  and delivered, all necessary
filings  with  each  state  and federal agency any and all documents required to
meet  all  state and federal requirements for offering Investors the opportunity
to  purchase  Bonds  from  Company.

B.     Company desires to have an employment agreement with Employee as its Vice
President  of  Anza  Properties,  subject  to  the  terms and conditions of this
Agreement.

     NOW,  THEREFORE,  in  consideration  of the mutual covenants and conditions
contained  herein,  the  Parties  hereto  hereby  agree  as  follows:

                                A G R E E M E N T
                                -----------------

     1.     Term  of  Employment.
            ---------------------

     a.     Specified  Period.  Company  hereby  employs  Employee  and Employee
            ------------------
accepts  employment  with  Company beginning upon the date which is 30 days from
the  date  of this Agreement and terminating upon the earlier to occur of :  (i)
the  liquidation  of  the real estate portfolio owned by the Subsidiary; or (ii)
the  completion  of  a  National  Exchange  listing.

     b.     Compensation.  Employee shall receive a salary of $20,000 per month,
            -------------
during  the  initial one-year term of this Agreement.  This amount shall be paid
only  by  the  Subsidiary and Employee shall have no recourse against the Parent
Company  for  such  salary.

     c.     Employee  shall  also  receive  two million stock options to acquire
common  stock  of  Parent Company in the form attached hereto as Exhibit"A".  If
                                                                 ----------
the  Company  is unable to provide such stock options, it shall provide Employee
with  opportunity to purchase the same number of shares, at the same price, with
the  same  registration  rights,  as  set  forth  in  Exhibit"A".
                                                      ----------

     d.     Employment  Term  Defined.  "Employment  term"  refers to the entire
            --------------------------
period  of  employment  of  Employee by Company, whether for the period provided
above,  or  whether  terminated  earlier  as hereinafter provided or extended by
mutual  agreement  between  Company  and  Employee.

<PAGE>

     2.     Duties  and  Obligations of Employee.  Employee shall serve, as Vice
            ------------------------------------
President  of  the  Company.  Employee shall report to the Board of Directors of
the  Company.  Employee  will  be placed on the Board of Directors of the Parent
Company, during the term of this Agreement, notified of all meetings and open to
attending  meetings  when  it  will not interfere with management of Subsidiary.
Employee  has  full authority to make policy of the Company regarding Employee's
duties and office and marketing operations.  Employee must approve any documents
referring  to  or  affecting  the  Company  and  all  documents  produced by the
Subsidiary  and/or Parent Company, transferring any funds raised by the Company.
The  Parent  Company  is  responsible  for calculating and delivering all salary
checks  to Employee for disbursement to all employee's, 24 hours prior to agreed
upon  paydays,  which  are  twice  per  month.

     3.     Exclusivity,  Non-Disclosure.  Employee agrees to perform Employee's
            ----------------------------
services  efficiently  and  to  the best of Employee's ability.  Employee agrees
throughout the term of this Agreement to devote the time and skill necessary, in
employee's  opinion  to  perform  the  duties  as  needed  for the management of
Subsidiary.  Employee,  serving,  as  Vice  President  of  Subsidiary, will have
complete  control  and authority to hire employees, set policy of employee's and
terminate  employee's  according  to accepted California Employee laws.  Company
authorizes  Employee  to choose the location of Subsidiary office, which will be
rented/leased  through  the  Company.

4.     Employee  Stock  Option.  Simultaneous  with  the  execution  of  this
       -----------------------
Agreement,  Employee  shall  receive an option to acquire shares of stock of the
       --
Parent  Company  as  noted  in  Exhibit"A"  attached  hereto.
                                ----------

     5.     Termination of Employment.  Employee shall be subject to termination
            -------------------------
in  the  event  of:
     a.     Being  found  guilty  of  criminal  or  fraudulent misconduct or the
Subsidiary  is  ordered  by  a  governmental  agency  to  cease  operations.

     b.     Termination  Upon  Death  or  Disability.
            -----------------------------------------

          (i)  Death:  This Agreement shall terminate immediately upon the death
               ------  of  Employee.  Employee's heirs or party designated, will
               receive prorated stock options to the amount of capital raised as
               of the time of death of Employee along with all unpaid salary due
               Employee.  Company  will  maintain  a  $1  million  dollar  life
               insurance  policy  in  favor  of  Employees  heir  or  person(s)
               designated  by  Employee  for  term of this Employment Agreement.
               Such  policy  shall  be in effect in the Company's name within 30
               days  from  this  signing.

          (ii) Disability:  Company  reserves  the  right  to  terminate  this
               Agreement  if,  -----------  due  to  illness  or  injury, either
               physical  or  mental,  Employee  is  unable to perform Employee's
               customary  duties  as  an  employee of Company, unless reasonable
               accommodation  can be made to allow Employee to continue working,
               for  more than 30 days in the aggregate out of a period of twelve
               consecutive  months.  The  disability  shall  be  determined by a
               certification  from a qualified physician trained in the specific
               area  of  proposed  disability  and approved by both Employee and
               Company, which will not be unreasonably with held. If Employee is
               unable to participate in the choice of physician, employee's heir
               or  person(s)  designated  will  choose  physician  with  full
               cooperation  of  Company. Such a termination shall be effected by
               giving  ten  days'  written  notice of termination to Employee by
               Company.  Termination  pursuant  to  this  provision  shall  not
               prejudice  Employee's  rights  to  receive  disability  insurance
               payments  or  the continued compensation pursuant to Section 4(c)
               of  this  Agreement.

<PAGE>

     c.     Effect  of  Merger, Transfer of Assets, or Dissolution.  Without the
            ------------------------------------------------------
prior written consent of Employee, this Agreement shall not be terminated by any
voluntary  or involuntary dissolution of Company or the parent Company resulting
from  a merger or consolidation or a transfer of all or substantially all of the
assets of Company.  In the event of any such merger or consolidation or transfer
of  assets,  Employee's  rights,  benefits,  and  obligations hereunder shall be
assigned  to  the  surviving  or  resulting  corporation  or  the  transferee of
Company's  assets  or  Employee  shall  have  the option to terminate Employment
Agreement  and receive all stock options and all remaining salary yet unpaid per
this  one  year  contract.

     d.     Payment  on  Termination.  Notwithstanding  any  provision  of  this
            ------------------------
Agreement,  if  Company terminates this Agreement without cause, other than upon
death  or  disability  as set forth above, it shall immediately pay Employee the
remaining  salary  amount and vested stock options for the remaining outstanding
term  of  this  Agreement  or  any  renewal  thereof at the then current rate of
compensation
     e.     Legal  Fees.  If  Company  violates any terms and conditions of this
            -----------
Employee  Agreement, Parent Company guarantees to pay all legal fees incurred by
Employee  to  enforce  this  contract

6.     General  Provisions.
       -------------------

     a.     Binding  Effect.  This  Agreement shall be binding upon and inure to
            ---------------
the  benefit  of  the Parties hereto their respective devisees, legatees, heirs,
legal  representatives,  successors,  and  permitted  assigns.  The  preceding
sentence  shall  not affect any restriction on assignment set forth elsewhere in
this  Agreement.

     b.     Notices.  Any  notice,  request,  instruction,  or  other  document
            -------
required  by the terms of this Agreement, or deemed by any of the Parties hereto
to  be  desirable, to be given to any other Party hereto shall be in writing and
shall be given by facsimile, personal delivery, overnight delivery, or mailed by
registered or certified mail, postage prepaid, with return receipt requested, to
the  Company  at  the address of its corporate office and to the Employee at the
Employee's  home  address  as  it  appears  in the Employee's personnel records.

     Subject to all other provisions of this Agreement, any attempt to assign or
transfer  this  Agreement  or  any  of  the rights conferred hereby, by judicial
process  or  otherwise, to any person, firm, Company, or corporation without the
prior  written  consent  of  the  other party, shall be invalid, and may, at the
option of such other party, result in an incurable event of default resulting in
termination  of this Agreement and all rights hereby conferred.  Any Transfer or
assignment  of  this  Subsidiary  must  meet  with  approval of Employee as Vice
President  of  Anza  Properties.

     c     Choice  of  Law.  This  Agreement  and  the  rights  of  the  Parties
           ---------------
hereunder  shall be governed by and construed in accordance with the laws of the
State  of  California  including  all  matters  of  construction,  validity,
performance,  and  enforcement  and  without  giving effect to the principles of
conflict  of  laws.  In  the event of any legal action being taken by Company or
Employee,  all  parties  agree to the matter being resolved in the courts in the
city  of  Los  Angeles.

<PAGE>

     d.     Indemnification.  Company  shall indemnify, defend and hold Employee
            ---------------
harmless,  to  the  fullest  extent of the law, for all claims, demands, losses,
costs, expenses, obligations, liabilities, damages, recoveries and deficiencies,
including interest, penalties and reasonable attorney's fees that Employee shall
incur  or  suffer  that  arise  from,  result from or relate to the execution of
Employee's  duties  under  this  Agreement  or  any  liabilities incurred by the
Company,  its  parent or any of its affiliated companies prior to this agreement
and during this agreement.  Employee will adhere to the representation presented
in  subsidiaries  Private  Placement  Memorandum.  Employee  will  refrain  from
delivering  any  documentation  to  any  party  without  first obtaining written
approval  from  Company.  Such  documentation will be approved or disapproved in
writing by Company and delivered to Employee within 2 business days from receipt
of  such  documentation  from  Employee to Company. Company will totally support
Employee  in  his  efforts  to  manage  Subsidiary  in  all  reasonable matters.

     e.     Entire  Agreement.  Except  as  provided  herein,  this  Agreement,
            -----------------
including exhibits, contains the entire agreement of the Parties, and supersedes
all  existing  negotiations,  representations, or agreements and all other oral,
written,  or  other communications between them concerning the subject matter of
this  Agreement.  There  are  no  representations,  agreements, arrangements, or
understandings,  oral  or written, between and among the Parties hereto relating
to  the  subject  matter  of  this  Agreement  that  are  not  fully  expressed.

f.     Modification.  No  change,  modification,  addition, or amendment to this
       ------------
Agreement  shall  be  valid  unless in writing and signed by all Parties hereto.

g.     Independent  Counsel..  Both  Employee  and  the  Company (the "Parties")
       ---------------------
hereby  agree  and  acknowledge that the law firm of Senn Palumbo Meulemans, LLP
("SPM"), is representing only the Employee in the drafting of this Agreement, as
it has a conflict of interest in representing both the Employee and the Company.
The  Company has acknowledged that it has retained independent counsel to review
this  Agreement  prior  to  its  execution.

     IN  WITNESS  WHEREOF,  the  Parties hereto have caused this Agreement to be
duly  executed  as  of  the  Effective  Date.

"COMPANY"                                   "EMPLOYEE"

ANZA  PROPERTIES,  INC.                     Thomas  Ehrlich

/s/  Vincent R. Rinehart                    /s/ Thomas  Ehrlich
BY:  Vincent R. Rinehart                    Thomas  Ehrlich
ITS: President & CEO                        An  individual

<PAGE>

                                   EXHIBIT "A"
                                   -----------

                                     FORM OF

                             STOCK OPTION AGREEMENT

<PAGE>

                                   EXHIBIT "A"
                                   -----------

OPTION  NO._________

                             STOCK OPTION AGREEMENT
                             ----------------------

     This  STOCK  OPTION  AGREEMENT  is made and entered into on               ,
2001,  by and between E-Net Financial.com, Inc. ("Company"), and Thomas Ehrlich,
an  individual  (referred  to  herein  as the "Optionee"), with reference to the
following  recitals  of  facts:

     WHEREAS,  the  Company  desires  to  grant  the  Optionee  a  stock  option
("Option") to purchase shares of common stock of the Company (the "Shares") upon
the  terms  and  conditions  hereinafter  stated;  and

NOW,  THEREFORE, in consideration of the covenants herein set forth, the parties
hereto  agree  as  follows:

     1.     Shares;  Price.  The  Company hereby grants to Optionee the right to
            ---------------
purchase,  upon  and  subject  to  the  terms  and conditions herein stated, two
million  Shares  for  cash  at the closing price of the Shares as of the date of
this  Agreement,  such price being not less than the fair market value per share
of  the  Shares  covered  by  these  Options  as  of  the  date  hereof.

     2.     Term  of Option.  This Option shall expire, and all rights hereunder
            ---------------
to  purchase  the  Shares  shall  terminate  five  years  from  the date hereof.

     3.     Exercise.  This Option shall be exercised by delivery to the Company
            --------
of:  (a)  a  written  notice  of  exercise  stating  the  number of Shares being
purchased  (in  whole  shares  only) and such other information set forth on the
form of Notice of Exercise attached hereto as Appendix A; (b) a check or cash in
                                              ----------
the  amount  of  the  purchase  price of the Shares covered by the notice.  This
Option  shall  be  exercisable  upon $2 million being converted to equity in the
Company  from  the contemplated bond offering.  All amounts less than that shall
be  exercisable  on  a  pro-rata  basis (i.e., if $1 million from the $5 million
offering  is  converted into equity in E-Net from the bond offering, then 20% of
the  subject  options  shall  be  exercisable, regardless of whether the subject
listing  occurs).

     4.     Termination of Employment or Engagement.  If Optionee shall cease to
            ---------------------------------------
serve  as  an  Employee of the Company or Parent Company, whether voluntarily or
involuntarily,  other  than  by the conclusion of the term of Optionee's written
agreement,  Optionee shall retain all rights set forth herein for vested Options
and all non-vested options shall terminate and be of no further force or effect.

<PAGE>

     5.     Recapitalization. The number of Shares covered by this Option, shall
            ----------------
not  be  proportionately  adjusted for any increase or decrease in the number of
issued  Shares  resulting  from  a subdivision or consolidation of shares or the
payment  of a stock dividend, or any other increase or decrease in the number of
such  shares  affected without receipt of consideration by the Company; provided
however  that  the conversion of any convertible securities of the Company shall
not  be  deemed  having  been  "effected without receipt of consideration by the
Company.  The  exercise  price  of this Option shall not be adjusted upon such a
subdivision  or consolidation of the shares.  The number of such Shares shall be
increased/decreased  on  a  pro  rata  basis in accordance with any stock split,
provided,  however, in the event of a reverse stock split, the amount of options
shall  not be reduced below 60% of the amount issued under this option and under
no  circumstances shall the exercise price of this option be adjusted. Provided,
however  at  no  time  shall  the aggregate shares exercisable under this Option
equal  greater than 10% of the total shares outstanding on a fully diluted basis
(such  calculation  to  be  performed  at  the  time  of  the initial exercise).

In  the  event of a proposed dissolution or liquidation of the Company, a merger
or  consolidation in which the Company is not the surviving entity, or a sale of
all  or  substantially  all  of  the  assets of the Company, all options granted
herein  shall  immediately  vest  and  be exercisable.   Subject to any required
action by the stockholders of the Company, if the Company shall be the surviving
entity  in  any merger or consolidation, this Option thereafter shall pertain to
and  apply  to  the  securities  to which a holder of Shares equal to the Shares
subject  to  this  Option  would  have been entitled by reason of such merger or
consolidation,  and the vesting provisions of Section 3 shall continue to apply.

6.     Registration  Rights.  The  Optionee  shall  have  the  right to register
       --------------------
Shares  covered  by vested options on Form S-8 pursuant to Optionee's Employment
Agreement  to  which  this  Option  is  an  Exhibit.

     IN  WITNESS  WHEREOF, the parties hereto have executed this Agreement as of
the  date  first  above  written.

     E-NET  FINANCIAL.COM,  INC.

________________________________
BY:
ITS:

THOMAS  EHRLICH

_________________________________
Thomas  Ehrlich,  Optionee

<PAGE>

                                  APPENDIX "A"
                                  ------------

                                     FORM OF

                               NOTICE OF EXERCISE

<PAGE>

                                  APPENDIX "A"
                                  ------------

                               NOTICE OF EXERCISE
E-Net  Financial.com,  Inc
3200  Bristol  Street,  Suite  700
Costa  Mesa,  CA  92626

                                     (date)

                          RE:  EXERCISE OF STOCK OPTION

     Notice  is  hereby  given  pursuant to Section 1 of my Employment Agreement
that  I  elect  to purchase the number of shares set forth below at the exercise
price  set  forth  in  my  option  agreement:

     Stock  Option  dated:                    ______________________

     Number  of  shares  being  purchased:    ______________________

     Option  Exercise  Price:                $______________________

     A  check in the amount of the aggregate price of the shares being purchased
is  attached.

     I  hereby  confirm  that  such  shares  are being acquired by me for my own
account  for  investment  purposes,  and  not  with  a view to, or for resale in
connection  with,  any  distribution  thereof.

     Further,  I understand that, as a result of this exercise of rights, I will
recognize income in an amount equal to the amount by which the fair market value
of  the  Shares  exceeds  the  exercise price.  I agree to report such income in
accordance  with  then  applicable  law  and  to  cooperate  with  Company  in
establishing  the withholding and corresponding deduction to the Company for its
income  tax  purposes.

     I  agree to provide to the Company such additional documents or information
as  may  be  required  by  law.

                                       _____________________________________
                                        (Signature)

                                       _____________________________________
                                       (Name  of  Optionee)

<PAGE>

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