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Cross St. ULD Promissory Agreement.docx

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Description

PROMISSORY NOTE Loan Amount : $6,120 (Principal: $6,000 + 2% Origination Fee: $120) Date : September 26, 2025 Property : LFTY0095, 428 Cross St, Akron, OH 44311 Lender : Universal Lending DAO (ULD) Borrower : Lofty Holding 428 Cross Street DAO LLC Property Manager : ECO Systems LLC FOR VALUE RECEIVED , the Borrower, Lofty Holding 428 Cross Street DAO LLC , representing the property at 428 Cross St, Akron, OH 44311, promises to pay the Lender, Universal Lending DAO (ULD), the principal sum of Six

Extracted Content

PROMISSORY NOTE Loan Amount : $6,120 (Principal: $6,000 + 2% Origination Fee: $120) Date : September 26, 2025 Property : LFTY0095, 428 Cross St, Akron, OH 44311 Lender : Universal Lending DAO (ULD) Borrower : Lofty Holding 428 Cross Street DAO LLC Property Manager : ECO Systems LLC FOR VALUE RECEIVED , the Borrower, Lofty Holding 428 Cross Street DAO LLC , representing the property at 428 Cross St, Akron, OH 44311, promises to pay the Lender, Universal Lending DAO (ULD), the principal sum of Six Thousand One Hundred Twenty Dollars ($6,120) , comprising a principal loan of Six Thousand Dollars ($6,000) and a 2% origination fee of One Hundred Twenty Dollars ($120) , together with interest and other terms as outlined below. I. Interest Rate The principal sum of $6,120 shall accrue interest at a rate of 13.5% per annum , compounded monthly. II. Loan Term and Repayment The loan term is four (4) years , commencing on September 27, 2025, and ending on September 27, 2029. The Borrower shall make payments based on a 4-year amortization schedule. Payments shall be made as the minimum monthly repayment or 50% net rental income, whichever is greater to service the loan principal and interest.