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724 3rd Ave Promissory Agreement (signed).pdf

Generated 2026-07-01T06:53:26.288494+00:00 from live Dropbox Public folders.

Description

PROMISSORY NOTE Loan Amount: $15,675 (Principal: $15,000 + 4.5% Origination Fee: $675) February 4th, 2026 Property: LFTY0403, 724 3rd Ave, Watervliet, NY 12189 Lender: Universal Lending DAO (ULD), Attn: InvestmentKD Borrower: Berry LFTY0403 DAO LLC Property Manager: ECO Systems LLC FOR VALUE RECEIVED, the Borrower, Berry LFTY0403 DAO LLC, representing the property at 724 3rd Ave, Watervliet, NY 12189 promises to pay the Lender, Universal Lending DAO (ULD), Attn: InvestmentKD, the principal sum o

Extracted Content

PROMISSORY NOTE Loan Amount: $15,675 (Principal: $15,000 + 4.5% Origination Fee: $675) February 4th, 2026 Property: LFTY0403, 724 3rd Ave, Watervliet, NY 12189 Lender: Universal Lending DAO (ULD), Attn: InvestmentKD Borrower: Berry LFTY0403 DAO LLC Property Manager: ECO Systems LLC FOR VALUE RECEIVED, the Borrower, Berry LFTY0403 DAO LLC, representing the property at 724 3rd Ave, Watervliet, NY 12189 promises to pay the Lender, Universal Lending DAO (ULD), Attn: InvestmentKD, the principal sum of Fifteen-Thousand Six-Hundred Seventy-Five Dollars ($15,675), comprising of a principal loan of Fifteen-Thousand ($15,000) and a 4.5% origination fee of Six-Hundred Seventy-Five Dollars ($675), together with interest and other terms as outlined below. I. Interest Rate The principal sum of $15,675 shall accrue interest at a rate of 13.5% per annum, compounded monthly. II. Loan Terms and Repayment ● The initial loan term is three (3) years, not withholding a written and accepted extension of the loan, commencing on February 4, 2026, and ending on October 6, 2029. At 60 days prior to the end date, the ULD will vote to extend to loan an additional year, to a 4th year, based on performance (repa