Commonwealth Realty Partners, Inc. Watch

from S-11 ~5 pages Promissory Note October 15, 2009 1. Payment of Amount Owed. Commonwealth Realty Partners, Inc. Shall Pay Mr. Cronin the Principal Amount of This Note in on Demand. 2. Interest. Interest Will Accrue on the Principal Amount of This Note at 0%. 3. Method of Payment. Commonwealth Realty Partners, Inc. Shall Make All Payments of Amounts Due Under This Note by Wire Transfer of Immediately Available Funds to an Account Designated by Mr. Cronin in a Written Notice to Commonwealth Realty Partners, Inc. 4. Conversion. Mr. Cronin Is Entitled, at His Option, to Convert at Any Time Into Shares of Common Stock of the Company at a Conversion Price of .08 Per Each Share of Common Stock. 5. Prepayment. Commonwealth Realty Partners, Inc. May Prepay This Note in Whole or in Part at Any Time Without Premium or Penalty. 6. Events of Default. the Occurrence of One or More of the Following Events (An "Event of Default-) Will Cause Commonwealth Realty Partners, Inc. to Be in Default Under This Note: A. Commonwealth Realty Partners, Inc. Fails to Make Any Payment Due Under Section 1 of This Note or Breaches Any Other Obligation Contained in This Note, And

from S-1 2 pages Promissory Note October 15, 2009