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BALLOON PAYMENT PROMISSORY NOTE $29,442.00 Date: March 01, 2025 For value received, the undersigned Lofty Holding 1090 Diagonal Road DAO LLC (the "Borrower"), at _________________, _________________, Florida _________________, promises to pay to the order of Yhome Nursing LLC (the "Lender"), at 52 Point Pleasant Drive, Palm Coast, FL, Palm Coast, Florida 32164 (or at such other place as the Lender may designate in writing), the sum of $29,442.00 with interest from March 01, 2025, on the unpaid p

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BALLOON PAYMENT PROMISSORY NOTE
$29,442.00

Date: March 01, 2025

For value received, the undersigned Lofty Holding 1090 Diagonal Road DAO LLC (the "Borrower"), at
_________________, _________________, Florida _________________, promises to pay to the order of
Yhome Nursing LLC (the "Lender"), at 52 Point Pleasant Drive, Palm Coast, FL, Palm Coast, Florida 32164
(or at such other place as the Lender may designate in writing), the sum of $29,442.00 with interest from
March 01, 2025, on the unpaid principal at the rate of 6.99% per annum.
I. TERMS OF REPAYMENT
A. Payments
Unpaid principal after the Due Date shown below shall accrue interest at a rate of 16% annually until paid.
The unpaid principal and accrued interest shall be payable in monthly installments of $341.61, beginning on
April 1, 2025, and continuing until March 1, 2026, (the "Due Date"), at which time the remaining unpaid
principal and interest shall be due in full.
THE BORROWER UNDERSTANDS THAT THE PAYMENT OF THE ABOVE INSTALLMENT
PAYMENTS MAY NOT FULLY AMORTIZE THE PRINCIPAL BALANCE OF THE NOTE, AND
THEREFORE, A BALLOON PAYMENT MAY BE DUE ON THE DUE DATE.
B. Application of Payments
All payments on this Note shall be applied first in payment of accrued interest and any remainder in payment
of principal.
C. Late Fees
The Borrower promises to pay a late charge of $100.00 for each installment that remains unpaid more than 7
day(s) after its Due Date. This late charge shall be paid as liquidated damages in lieu of actual damages, and
not as a penalty. Payment of such late charge shall, under no circumstances, be construed to cure any default
arising from or relating to such late payment.
D. Acceleration of Debt
If any installment is not paid when due, the remaining unpaid principal balance and accrued interest shall
become due immediately at the option of the Lender.
II. SECURITY
This Note is secured by real estate in a Situated in the City of Akron, County of Summit and State of Ohio:
and known as being Lot Number 39 and all the part of Lot Number 41, lying South of the Southerly line of
Lot Number 40 in Perkins Park Subdivision produced to a point in the Westerly line of said Lot Number 41
in Perkins Park Subdivision, as surveyed and numbered by Elmer B. Wright, Engineer, and recorded in
Summit County Records. Plat Book #19, Pages 32,33,34, and 35 be the same more or less, but subject to all
legal highways.
Property Address: 1090 Diagonal Rd., Akron, OH 44320

PP#: 68-21204
Alt ID: 03-01068-10-022
. The Lender is not required to rely on the above security instrument and the assets secured therein for the
payment of this Note in the case of default, but may proceed directly against the Borrower.
III. PREPAYMENT
The Borrower reserves the right to prepay this Note by making payment in full of the then remaining unpaid
principal and accrued interest.
IV. COLLECTION COSTS
If any payment obligation under this Note is not paid when due, the Borrower promises to pay all costs of
collection, including reasonable attorney fees, whether or not a lawsuit is commenced as part of the
collection process.
V. DEFAULT
If any of the following events of default occur, this Note and any other obligations of the Borrower to the
Lender, shall become due immediately, without demand or notice:
1) the failure of the Borrower to pay the principal and any accrued interest when due;
2) the death of the Borrower or Lender;
3) the filing of bankruptcy proceedings involving the Borrower as a Debtor;
4) the application for the appointment of a receiver for the Borrower;
5) the making of a general assignment for the benefit of the Borrower's creditors;
6) the insolvency of the Borrower;
7) a misrepresentation by the Borrower to the Lender for the purpose of obtaining or extending credit.
In addition, the Borrower shall be in default if there is a sale, transfer, assignment, or any other disposition of
any real estate pledged as collateral for the payment of this Note, or if there is a default in any security
agreement which secures this Note.
VI. SEVERABILITY
If any one or more of the provisions of this Note are determined to be unenforceable, in whole or in part, for
any reason, the remaining provisions shall remain fully operative.
VII. MISCELLANEOUS
All payments of principal and interest on this Note shall be paid in the legal currency of the United States.
The Borrower waives presentment for payment, protest, and notice of protest and demand of this Note.
No delay in enforcing any right of the Lender under this Note, or assignment by Lender of this Note, or
failure to accelerate the debt evidenced hereby by reason of default in the payment of a monthly installment
or the acceptance of a past-due installment shall be construed as a waiver of the right of Lender to thereafter
insist upon strict compliance with the terms of this Note without notice being given to Borrower. All rights