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                                                                   EXHIBIT 10.32


                                PROMISSORY NOTE

$448,749.95
                                                                   April 1, 1998
                                                         St. Petersburg, Florida

     FOR VALUE RECEIVED, the undersigned Insurance Management Solutions, Inc.,
jointly and severally, promises to pay to the order of Southern Rental &
Leasing Corporation, a Florida corporation, together with any other holder
hereof (herein, "Holder") the principal sum of Four Hundred Forty-Eight
Thousand Seven Hundred forty-nine and 95/100 Dollars, ($448,749.95) together
with interest thereon from date at the rate per annum as described below until
maturity on the balance of principal from time to time remaining unpaid, both
principal and interest being payable at 360 Central Ave, St. Petersburg, FL
33701, in the following manner.

     Principal and interest shall be due and payable in an amount equal to the
payments remaining due and payable on the attached promissory note in the
original principal amount of Five Hundred Thousand Dollars ($500,000.00) dated
December 30, 1994 and the attached promissory note in the amount of Three
Hundred Thousand Dollars ($300,000.00) dated December 30, 1996. It is the
intention of the parties that Insurance Management Solutions, Inc., make
principal and interest payments to Holder in the identical amounts that Holder
will be paying under the two attached promissory notes until paid in full,
aside from any default by Holder.

     The makers hereof shall not incur any penalty upon the prepayment of all
or any part of the indebtedness evidenced hereby.

     Time is of the essence hereunder. Any payment of principal or interest
which is not paid when due, whether upon maturity or acceleration or otherwise
as provided herein, shall bear interest at the rate of Eighteen (18%) percent
per annum from the due date until paid.

     This Note has been executed and delivered in, and is to be governed by and
construed under the laws of the State of Florida, as amended, except as
modified by the laws and regulations of the United States of America.

     The undersigned shall have no obligation to pay interest or payments in
the nature of interest in excess of the maximum rate of interest allowed to be
contracted for by law, as changed from time to time, applicable to this Note
(the "Maximum Rate"). Any interest in excess of the Maximum Rate paid by the
undersigned ("excess sum") shall be credited as a payment of principal, or, if
the undersigned so requests in writing, returned to the undersigned, or, if the
indebtedness and other obligations evidenced by this Note have been paid in
full, returned to the undersigned together with interest at the same rate as
was paid by the undersigned during such period. Any excess sum credited to
principal shall be credited as of the date paid to Holder. Holder may, without
such action constituting a breach of any obligations to the undersigned, seek
judicial determination of the applicable rate of interest, and its obligation
to pay or credit any proposed excess sum to the undersigned.

     Provided Holder has not exercised its right to accelerate this Note, then
the undersigned hereof shall pay Holder a late charge of five percent (5%) of
any required payment which is not received by Holder when said payment is due.
The parties agree that said charge is a fair and reasonable charge for the late
payment and shall not be deemed a penalty.

     Acceptance of partial payments or payments marked "payment in full" or "in
satisfaction" or words to similar effect shall not affect the duty of the
undersigned to pay all obligations due hereunder, and shall not affect the
right of Holder to pursue all remedies available to it hereunder or under any
other agreement between the maker hereof and the Holder.

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     The remedies of Holder shall be cumulative and concurrent, and may be
pursued singularly, successively or together, at the sole discretion of Holder,
and may be exercised as often as occasion therefor shall arise. No action or
omission of Holder, including specifically any failure to exercise or
forbearance in the exercise of any remedy, shall be deemed to be a waiver or
release of the same, such waiver or release to be effected only through a
written document executed by Holder and then only to the extent specifically
recited therein. A waiver or release with reference to any one event shall not
be construed as continuing or as constituting a course of dealing, nor shall it
be construed as a bar to, or as a waiver or release of, any subsequent remedy
as to a subsequent event.

     The undersigned hereby consents and submits to the jurisdiction of the
courts of the State of Florida, and notwithstanding its place of residence or
organization or the place of execution of this Note, any litigation relating
hereto, whether arising in contract or tort, by statute or otherwise, shall be
brought in (and, if brought elsewhere, may be transferred to) a State court of
competent jurisdiction in Pinellas County, Florida.

     The undersigned and any other person liable for the payment hereof
respectively, hereby (a) expressly waive any presentment, demand for payment,
notice of dishonor, protest, notice of nonpayment or protest, all other forms
of notice whatsoever, and diligence in collection; and (b) agree that Holder,
in order to enforce payment of this Note against any of them, shall not be
required first to institute any suit or to exhaust any of its remedies against
the undersigned (or any co-maker) or against any other person liable for
payment hereof or to attempt to realize on any collateral for this Note.

THE UNDERSIGNED AND ANY OTHER PERSON LIABLE FOR PAYMENT HEREOF, BY EXECUTING
THIS NOTE OR ANY OTHER DOCUMENT CREATING SUCH LIABILITY, WAIVE THEIR RIGHTS TO
A TRIAL BY JURY IN ANY ACTION, WHETHER ARISING IN CONTRACT OR TORT, BY STATUTE
OR OTHERWISE, IN ANY WAY RELATED TO THIS NOTE. THIS PROVISION IS A MATERIAL
INDUCEMENT FOR HOLDER'S RIGHTS UNDER THIS PARAGRAPH SHALL BE EFFECTIVE UNLESS
IN WRITING AND MANUALLY SIGNED ON HOLDER'S BEHALF.

     The undersigned acknowledges that the above paragraph has been expressly
bargained for by Holder as part of the loan evidenced hereby and that, but for
the undersigned's agreement and the agreement of any other person liable for
payment hereof thereto, Holder would not have extended the loan for the term
and with the interest rate provided herein.

     Holder is hereby given a lien upon and a security interest in all property
of the undersigned now or at any time hereafter in the possession of Holder in
any capacity whatsoever, including but not limited to any balance or share of
any deposit, trust or agency account, as security for the payment of this Note.


                                        INSURANCE MANAGEMENT SOLUTIONS,
                                        INC.



                                        By:/s/ Jeffrey S. Bragg
                                           ---------------------------