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Mortgage - 1258 Lily Street, Akron, Ohio 44301.pdf

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

Description

MORTGAGE THIS MORTGAGE is executed on this day of January, 2026, between Providere Properties LLC, an Ohio limited liability company (herein referred to as "Mortgagor" or “Borrower”) and Lofty Holding 1518 Dille Road DAO LLC, having an address at 11718 Folkstone Lane, Los Angeles, CA 90077 (herein referred to as "Mortgagee” or “Lender"). WHEREAS, Borrower is indebted to Lender for the sum of Fifty Thousand and 00/100 Dollars ($50,000.00), which indebtedness is evidenced by Borrower's cognovit pr

Extracted Content

MORTGAGE THIS MORTGAGE is executed on this day of January, 2026, between Providere Properties LLC, an Ohio limited liability company (herein referred to as "Mortgagor" or “Borrower”) and Lofty Holding 1518 Dille Road DAO LLC, having an address at 11718 Folkstone Lane, Los Angeles, CA 90077 (herein referred to as "Mortgagee” or “Lender"). WHEREAS, Borrower is indebted to Lender for the sum of Fifty Thousand and 00/100 Dollars ($50,000.00), which indebtedness is evidenced by Borrower's cognovit promissory note dated January ____, 2026 (herein "Note"). TO SECURE to Lender the repayment of the indebtedness evidenced by the Promissory Note executed and delivered to Grantee pursuant thereto in the maximum principal amount of the Maximum Indebtedness, with interest and points as provided herein as the same may be amended from time to time to protect the security of this Mortgage, and the performance of the covenants and agreements of Borrower herein contained. In addition to the debt or other obligations secured hereby, this Mortgage also shall secure unpaid balances of advances made by Lender with respect to the Property for the payment of taxes, assessments, and insurance premiums, if a