SEC Contract Filing

Filing Date: 2017-03-21

Document Content:
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<TYPE>EX-10.8
<SEQUENCE>7
<FILENAME>mspc10k031717ex10_8.htm
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<p style="margin: 0">Exhibit 10.8</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"></P>

<P STYLE="margin: 0 0 6pt; text-align: justify"><FONT STYLE="color: #2D2E2D">THIS NOTE
AND THE COMMON STOCK ISSUABLE UPON CONVERSION OF THIS NOTE HAVE NOT BEEN AND WILL NOT BE REGISTERED WITH THE UNITED STATES SECURITIES
AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED, AND THE RULES AND REGULATIONS PROMULGATED THEREUNDER (THE &ldquo;1933 ACT&rdquo;)</FONT></P>

<P STYLE="margin: 0 0 6pt; text-align: justify">US $42,000.00</P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center">METROSPACES, INC.</P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center">8% CONVERTIBLE REDEEMABLE NOTE</P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center">DUE FEBRUARY 6, 2016</P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0; text-align: justify">FOR VALUE RECEIVED,
Metrospaces, Inc. (the &ldquo;Company&rdquo;) promises to pay to the order of LG CAPITAL FUNDING, LLC and its authorized successors
and permitted assigns (&ldquo;Holder&rdquo;), the aggregate principal face amount of Forty Two Thousand Dollars exactly (U.S.$42,000.00)
on February 6, 2016 (&ldquo;Maturity Date&rdquo;) and to pay interest on the principal amount outstanding hereunder at the rate
of 8% per annum commencing on February 6, 2015. The interest will be paid to the Holder in whose name this Note is registered
on the records of the Company regarding registration and transfers of this Note. The principal of, and interest on, this Note
are payable at 1218 Union Street, Suite #2, Brooklyn, NY 11225, initially, and if changed, last appearing on the records of the
Company as designated in writing by the Holder hereof from time to time. The Company will pay each interest payment and the outstanding
principal due upon this Note before or on the Maturity Date, less any amounts required by law to be deducted or withheld, to the
Holder of this Note by check or wire transfer addressed to such Holder at the last address appearing on the records of the Company.
The forwarding of such check or wire transfer shall constitute a payment of outstanding principal hereunder and shall satisfy
and discharge the liability for principal on this Note to the extent of the sum represented by such check or wire transfer. Interest
shall be payable in Common Stock (as defined below) pursuant to paragraph 4(b) herein.</P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0; text-align: justify">This Note is subject
to the following additional provisions:</P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0; text-align: justify">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Note is exchangeable for an equal aggregate principal amount of Notes of different authorized denominations, as requested by the
Holder surrendering the same.</P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0; text-align: justify">No
service charge will be made for such registration or transfer or exchange, except that Holder shall pay any tax or other governmental
charges payable in connection therewith.</P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0; text-align: justify">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The Company shall be entitled to withhold from all payments any amounts required to be withheld under applicable laws.</P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0; text-align: justify">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
This Note may be transferred or exchanged only in compliance with the Securities Act of 1933, as amended (&ldquo;Act&rdquo;),
and applicable state securities laws. Any attempted transfer to a non-qualifying party shall be treated by the Company as void.
Prior to due presentment for transfer of this Note, the Company and any agent of the Company may treat the person in whose name
this Note is duly registered on the Company&rsquo;s records as the owner hereof for all other purposes, whether or not this Note
be overdue, and neither the Company nor any such agent shall be affected or bound by notice to the contrary. Any Holder of this
Note electing to exercise the right of conversion set forth in Section 4(a) hereof, in addition to the requirements set forth
in Section 4(a), and any prospective transferee of this Note, also is required to give the Company written confirmation that this
Note is being converted <U>(&ldquo;Notice of Conversion&rdquo;)</U> in the form annexed hereto as <U>Exhibit A.</U> The date of
receipt (including receipt by telecopy) of such Notice of Conversion shall be the Conversion Date.</P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="margin: 0; text-align: justify"></P>

<P STYLE="margin: 0; text-align: justify">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(a) The Holder of this N