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Joint Organizational Resolution - Colfax, EARLDAO & Beagle.docx

Generated 2026-07-01T16:39:32.685095+00:00 from live Dropbox Public folders.

Description

Joint Organizational Resolution of the Members of Lofty Holding 7542 & 7656 S Colfax Avenue DAO LLC, Ecosystems Asset Recovery Lending DAO LLC, and Beagle LFTY0454 DAO LLC Executive Summary This Resolution outlines a strategic plan to rescue the property at 22160 & 22164 Umland Circle from imminent foreclosure auction scheduled July 15, 2026 . Upon ratification of this resolution and transfer of funds to EARLDAO , EARLDAO shall be directed to purchase the Subject Asset described below via Assign

Extracted Content

Joint Organizational Resolution of the Members of Lofty Holding 7542 & 7656 S Colfax Avenue DAO LLC, Ecosystems Asset Recovery Lending DAO LLC, and Beagle LFTY0454 DAO LLC Executive Summary This Resolution outlines a strategic plan to rescue the property at 22160 & 22164 Umland Circle from imminent foreclosure auction scheduled July 15, 2026 . Upon ratification of this resolution and transfer of funds to EARLDAO , EARLDAO shall be directed to purchase the Subject Asset described below via Assignment of Deed of Trust and issue the equivalent EARLDAO shares, and the escrowed Beagle DAO shares shall be transferred or assigned t o Colfax DAO as the bonus equity match . EARLDAO shall thereby control the 2nd position lien on the Subject Property until eventual sale, where it will be paid off upon closing in accordance with the NFS Loan . Because Beagle LFTY0454 DAO LLC (“Beagle DAO”) is the distressed property owner and has a direct conflict of interest in this rescue transaction, Beagle DAO shall not vote on approval of this Resolution; however, upon approval by the required voting interests of Colfax DAO and EARLDAO , Beagle DAO’s DAO Officer and/or authorized representative shall be d