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Loan Agreement - 2026-03-11 - 1090 Diagonal Rd, Akron, OH 44320.docx

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Description

DRAFT PROMISSORY NOTE 1090 Diagonal Rd — Matching Deferred Settlement Note This Promissory Note is intended as a definitive-form draft for counsel review. Economic terms are based on the settlement framework approved for 1090 Diagonal Rd. 1. Principal Obligation FOR VALUE RECEIVED, Yhome Nursing LLC, and Calixte Duffaut to the extent signing individually or as additional obligor (collectively, “Maker”), promises to pay to Lofty Holding 1090 Diagonal Rd DAO LLC (“Payee”), or its authorized repres

Extracted Content

DRAFT PROMISSORY NOTE 1090 Diagonal Rd — Matching Deferred Settlement Note This Promissory Note is intended as a definitive-form draft for counsel review. Economic terms are based on the settlement framework approved for 1090 Diagonal Rd. 1. Principal Obligation FOR VALUE RECEIVED, Yhome Nursing LLC, and Calixte Duffaut to the extent signing individually or as additional obligor (collectively, “Maker”), promises to pay to Lofty Holding 1090 Diagonal Rd DAO LLC (“Payee”), or its authorized representative, the principal sum of Fifty Thousand Dollars ($50,000.00), together with interest as set forth below. 2. Date / Purpose This Note is issued as the deferred settlement component of the 1090 Diagonal Rd closeout arrangement following immediate application of $28,876.78 against the total negotiated settlement amount of $78,876.78. 3. Interest Interest shall accrue on the unpaid principal balance at a rate of twelve percent (12%) per annum, simple interest, non-compounding. Interest shall accrue retroactively beginning May 6, 2025 and continue until paid in full. 4. Maturity All outstanding principal and accrued but unpaid interest shall be due and payable in full on April 30 , 2026 (th