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Loan Agreement - 85-104 Alawa Pl, Waianae, HI 96792.docx

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PROMISSORY NOTE Loan Amount: $5,540 Date: October 6th, 2025 Property: LFTY0452 , 85-104 Alawa Pl, Waianae, HI, 96792 Lender: K.D. , aka “ LaPlebDeLaPleb ” or “ InvestmentKD ” Borrower: Poodle LFTY0452 DAO LLC Property Manager: ECO Systems LLC FOR VALUE RECEIVED , the Borrower, Poodle LFTY0452 DAO LLC , representing the property at 85-104 Alawa Pl, Waianae, HI, 96792, promises to pay the Lender, KD (“ LaPlebDeLaPleb ”), the principal sum of Five Thousand Five Hundred Forty Dollars ($5,540), toget

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PROMISSORY NOTE Loan Amount: $5,540 Date: October 6th, 2025 Property: LFTY0452 , 85-104 Alawa Pl, Waianae, HI, 96792 Lender: K.D. , aka “ LaPlebDeLaPleb ” or “ InvestmentKD ” Borrower: Poodle LFTY0452 DAO LLC Property Manager: ECO Systems LLC FOR VALUE RECEIVED , the Borrower, Poodle LFTY0452 DAO LLC , representing the property at 85-104 Alawa Pl, Waianae, HI, 96792, promises to pay the Lender, KD (“ LaPlebDeLaPleb ”), the principal sum of Five Thousand Five Hundred Forty Dollars ($5,540), together with interest and other terms as outlined below. I. Interest Rate The principal sum of $5,540 shall accrue interest at a rate of 17.9% 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 October 6, 2025, and ending on October 6, 2028. ● The Borrower shall make payments based on a 3-year amortization schedule, with a balloon if greater than 50% remains in the 19th month. ● Payments shall be made as a minimum monthly repayment of ($200.01) or 50% net rental income, whichever is greater to service the loan principal and interest. III. Balloon Payment If more than 50% of the original principal ($2,770) remains outstanding in the 19th month (Thursday, May 03, 2027), the Borrower shall make a balloon payment of the full outstanding principal and accrued interest within 30 days, or the Lender may exercise its first-lien rights to initiate property liquidation. IV. Conditional Financing Line of Credit (LOC) This section establishes conditional financing terms under the existing loan to Poodle LFTY0452 DAO LLC (85-104 Alawa Pl, Waianae, HI, 96792) to satisfy the cost of labor and rehabilitation, and activated only if additional funding for this sewer system project is needed under the following terms, Option A (No Hard Inquiry): [ ie . ($1000) principal loan + 5% origination fee = ($1050)], 18.99% Interest rate, compounded monthly, 40-month amortization schedule (ending February 4, 2029), minimum payments of $250 or 50% net rental income (whichever is greater), balloon payment if >50% principal ($3,000) remains by month 21 (July 4, 2027), and first-lien rights. Option B (Hard Inquiry required): [ ie . ($1000) principal loan balance + 8% origination fee = ($1080)] 19.99% Interest rate, same terms as Option A. These terms extend the line of credit to cover more costs, increase the length of scheduled payments, and reduce expenses on the original terms ($5,540, 17.9% APR, 3% fee, 3-year term, balloon at month 16). V. Prepayment The Borrower reserves the right to prepay this Note (in whole or in part) prior to the Due Date with no prepayment penalty. Any such prepayment shall be applied against the installments of principal due under this note in the inverse order of their maturity and shall be accompanied by payment of accrued interest on the amount prepaid to the date of prepayment VI. Acceleration of Debt If the Borrower is in default under this Note or is in default under the security instrument securing repayment of this Note, and such default is not cured within5days after written notice of such default, then Lender may, at its option, declare all outstanding sums owed on this Note to be immediately due and payable, in addition to any other rights or remedies that Lender may have under the security instrument or state and federal law. VII. First-Lien Rights The Lender retains first-lien rights on the Property as collateral. In the event of default (defined below), the Lender may liquidate the Property to recover the outstanding principal, accrued interest, and any applicable fees, with liquidation limited to LFTY0452 and not affecting other outstanding loans on properties. VIII. 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 liquidation, dissolution, incompetency or death of the Borrower; 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; or 8) the sale or transfer of a material portion of the business or assets of the Borrower. IX. Default Interest To the extent permitted by law, matured unpaid principal and interest on this Note (whether maturing at the normal scheduled payment date or maturing by reason of acceleration or otherwise) will bear interest from the date of maturity until paid at a rate equal to the greater of: ( i ) the maximum rate of interest permitted by law, and/or (ii) fifteen percent (15%) per annum. To the extent permitted by law, three (3) months of default interest must be paid within sixty (60) days following maturity. All interest calculated under this Note will be computed based on an assumption of a 30-day and 360-day calendar year. X. Liquidation In the event of a default, Lender shall have the option to force Borrower to liquidate the Property via sale, whether on-market or otherwise, within a six (6)-month period (the “Sale Period”). The Sale Period shall commence immediately. If the Property is not sold within the Sale Period,at Lender's discretion, either 1) dilutive equity shares of the Property shall be issued and transferred to the Lender at a par value of $30.00 per share, or 2) Lender shall force a foreclosure through which the property will be auctioned off to the highest bidder, and proceeds used to repay any unpaid principal balance and accrued interest. Default interest will continue to accrue on the unpaid principal balance and accrued interest throughout the cure periods and the Sale Period. XI. Collection Costs Borrower shall pay all costs incurred by Lender in collecting sums due under this Note after default, including reasonable attorneys’ fees. If Lender or Borrower sues to enforce this Note or obtain a declaration of its rights hereunder, the prevailing party in any such proceeding shall be entitled to recover its reasonable attorneys’ fees and costs incurred in the proceeding (including those incurred in any bankruptcy proceeding or appeal) from the non-prevailing party. XII. Note Extension Provided that no default then exists under this Note, Borrower, at Lender’s sole discretion, shall have the option to extend the Due Date 180 days from final payment. Borrower must provide written notice thereof to Lender not less than thirty (30) days prior to the then-applicable Due Date. XIII. Severability of Provisions 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 in full force and effect. XIV. Amendment or Modification; Transferability This Note may not be modified or amended in any way by either party without the prior written consent of the other party. There are no verbal or other agreements which modify or affect the terms of this Note. This Note and any interest herein may not be sold, transferred, or assigned by Borrower or Lender without the prior written consent of the other party. XV. Notice Any notices required or permitted to be given hereunder shall be given in writing and shall be delivered (a) in person, (b) by certified mail, postage prepaid, return receipt requested, (c) by facsimile, or (d) by a commercial overnight courier that guarantees next day delivery and provides a receipt, and such notices shall be made to the parties at the addresses listed below. XVI. Execution The Borrower executes this Note as a principal and not as a surety. If there is more than one Borrower, each Borrower shall be jointly and severally liable under this Note. XVII. Miscellaneous All payments of principal and interest on this Note shall be paid in the legal currency of the United States or equivalent stablecoin or cash equivalent. 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 of the Lender under this Note are cumulative and may be exercised concurrently or consecutively at the Lender's option. XVIII. Governing Law This Note shall be construed in accordance with the laws of the State of Wyoming. XIV. Signatures IN WITNESS WHEREOF, this Agreement has been executed and delivered in the manner prescribed by law as of the date first written above. Signed this 6 th day of October, 2025. Borrower: Poodle LFTY0452 DAO LLC 85-104 Alawa Pl, Waianae, HI, 96792 By: ____________________________________ Date: _________________ Jerry Chu, Authorized Signer Servicer: ECO Systems, LLC 500 Westover Dr. #33191, Sanford, NC 27330 By: ____________________________________ Date: _________________ Earl V. Co, Manager & Co-Owner Lender: KD, InvestmentKD By: ____________________________________ Date: _________________ KD, Co-Owner