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Lending Authorization and Capital Call - 428 Cross St, Akron, OH 44311.docx

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Governance Proposal – 428 Cross St. Akron , OH 44 311 Property: 428 Cross St. Akron, OH 44311 Parcel #: 6712100, 6742892 Units: 2 / 3 occupied 📊 Financial Snapshot Yhome Total Due to DAO: $9,383.59 DAO Operating Reserve Cash: ( $1,562.33 ) DAO Net Cash (Capital Call): $7,444.53 ECO Operating Cash: ($376.73) Estimated Owners’ Equity: $116,000.00 DAO Estimated NAV: $25.29/token (4,882 tokens outstanding) Taxes and insurance are paid and current Unit 1 escrowed back rents have been released to Alig

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Governance Proposal – 428 Cross St. Akron , OH 44 311 Property: 428 Cross St. Akron, OH 44311 Parcel #: 6712100, 6742892 Units: 2 / 3 occupied 📊 Financial Snapshot Yhome Total Due to DAO: $9,383.59 DAO Operating Reserve Cash: ( $1,562.33 ) DAO Net Cash (Capital Call): $7,444.53 ECO Operating Cash: ($376.73) Estimated Owners’ Equity: $116,000.00 DAO Estimated NAV: $25.29/token (4,882 tokens outstanding) Taxes and insurance are paid and current Unit 1 escrowed back rents have been released to Aligned by the tenant . Eviction may resume 9/2/25 if tenant continues to be behind. 🏠 Inspection Condition Overall, the home is in fair condition, but there are several areas that will require attention before it can be rented or sold. Please review the Unit 3 inspection here : https://app.inspectify.com/orders/Fdvv5YGs97eVL43r8fA3Ccb7/reports?report_id=58f020c4-ee2d-4d93-8fee-0b10467f469d&utm_source=inspectify&utm_medium=email&utm_campaign=inspection_document_ready Exterior: * Damaged siding on both the left and right sides of the structure needs to be repaired or replaced. Interior (General): * Damaged or missing door trim in multiple rooms, including common areas and bedrooms. * Chipped and peeling paint throughout the home – mostly cosmetic, but present in multiple locations. Common Areas: * Cosmetic repairs needed for flooring, walls, and some electrical fixtures. Kitchen: * Paint touch-ups required. * Missing major appliances: refrigerator, dishwasher, microwave, vent hood, and wall oven. * Stove is in poor condition and was not fully inspectable. Bedrooms: * Closet doors off-track in the primary bedroom. * Stained carpet and missing bedroom door in Bedroom 2. * Both bedrooms have cosmetic wall and flooring issues. Bathrooms: * Primary bathroom sink is leaking and the cabinet is damaged. * Missing or damaged trim and cosmetic wall repairs needed. Utilities & Safety: * Missing smoke and carbon monoxide detectors – safety concern that should be addressed immediately * Water heater and HVAC system not accessible at time of inspection – functionality could not be verified. 🧽 Other Notes: * Home needs thorough cleaning due to strong odors, visible grime, and food residue. * Mouse traps observed – likely indication of a past or current pest issue. * The laundry machine in the utility room from purchase has been missing for 3 years. Recommend installing washer and dryer for tenant use. 📌 Proposal 1 – Lending Authorization Authorize the DAO to lend $ 9,400 (rounded from Yhome balance due) through the E.A.R.L.D.A.O. framework at 12% annual interest , structured as interest-only with balloon repayment. These funds are currently withheld by Yhome Nursing LLC c/o Calixte Duffaut and were likely used to fund repairs on other DAO properties. Approval of this proposal authorizes the Ecosystems Asset Recovery Lending DAO LLC to demand funds from Yhome Nursing LLC on behalf of Lofty Holding 428 Cross Street DAO LLC. 📌 Proposal 2 – Capital Call for Unit 3 Turn Repairs Initiate a C apital C all of $5 ,0 00 via loan at 18% rate compounded annually and amortized over 3 years to fund Unit 3 Turn Repairs. A DAO member may back this capital call. If approved and no one backs this capital call within 7 days, the DAO will automatically borrow from EARLDAO at the same terms. Excess funds will be retained in reserves. ✅ Voting Options Proposal 1 – Lending Authorization 1. Approve lending $ 9 , 4 00 at 12% APR via EARLDAO 2. Reject lending; demand immediate payment from Calixte Duffaut payable directly to the DAO. Authorize PM to file via small claims court if necessary. Proposal 2 – Capital Call for Unit 3 Turn Repairs 1. Approve $5,000 Capital Call from a DAO member or EARLDAO. 2. Reject capital call ; d emand immediate payment from Calixte Duffaut payable directly to the DAO. Authorize PM to file via small claims court if necessary . Repairs cannot proceed until funds are recovered.