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ULD_Sangamon_promissory_note.pdf

Generated 2026-07-01T18:39:11.212982+00:00 from live Dropbox Public folders.

Description

PROMISSORY NOTE Loan Amount: $10,300.00 (Principal: $10,000.00 + 3% Origination Fee: $300) April 8th, 2026 Property: LFTY0059, 8143 S Sangamon St, Chicago, IL 60620 Lender: Universal Lending DAO (ULD), Attn: InvestmentKD Borrower: Lofty Holding 8143 S Sangamon Street DAO LLC Property Manager: ECOSystems LLC FOR VALUE RECEIVED, the Borrower, Lofty Holding 8143 S Sangamon Street DAO LLC, representing the property at 8143 S Sangamon St, Chicago, IL 60620 promises to pay the Lender, Universal Lendin

Extracted Content

PROMISSORY NOTE Loan Amount: $10,300.00 (Principal: $10,000.00 + 3% Origination Fee: $300) April 8th, 2026 Property: LFTY0059, 8143 S Sangamon St, Chicago, IL 60620 Lender: Universal Lending DAO (ULD), Attn: InvestmentKD Borrower: Lofty Holding 8143 S Sangamon Street DAO LLC Property Manager: ECOSystems LLC FOR VALUE RECEIVED, the Borrower, Lofty Holding 8143 S Sangamon Street DAO LLC, representing the property at 8143 S Sangamon St, Chicago, IL 60620 promises to pay the Lender, Universal Lending DAO (ULD), Attn: InvestmentKD, the principal sum of Ten-Thousand Three-Hundred Dollars ($10,300.00), comprising of a principal loan of Ten-Thousand Dollars ($10,000) and a 3% origination fee of Three-Hundred Dollars ($300), together with interest and other terms as outlined below. I. Interest Rate The principal sum of $10,300.00 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 April 8, 2026, and ending on April 8, 2029. At 60 days prior to the end date, the ULD will vote to extend the loan an additional year, to a 4th y