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Mortgage - 1258 Lily Street, Akron, Ohio 44301 - Ohio 3 Property Package, Akron, Ohio 44117.pdf

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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

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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 any. The Borrower does
hereby mortgage, grant and convey to Lender the following described property:
See attached Exhibit “A”
Address: 1258 Lily Street, Akron, Ohio 44301
PM: 6713788
PPN: 050057606014000
TOGETHER with all the improvements now or hereafter erected on the property, and all
easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water
rights, and water stock, and all fixtures now or hereafter attached to the property, all of which, including
replacements and additions thereto, shall be deemed to be and remain a part of the property covered by
this Mortgage; and all of the foregoing, together with said property are herein referred to as the
"Property". Borrower covenants that Borrower is lawfully seized of the estate hereby conveyed and has
the right to mortgage, grant and convey the Property, and that the Property is unencumbered. Borrower
covenants that Borrower warrants and will defend generally the title to the Property against all claims
and demands, subject to encumbrances of record.

UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
1. PAYMENT OF PRINCIPAL AND INTEREST. Borrower shall promptly pay when
due the amount evidenced by the Note.
2. FUNDS FOR TAXES AND INSURANCE. Borrower is responsible for all taxes and
insurance associated with this property.
3. CHARGES; LIENS. Borrower shall pay all taxes, assessments and other charges, fines
and impositions attributable to the Property which may attain a priority over this Mortgage, and
leasehold payments or ground rents, if any, in the manner provided under paragraph 2 hereof or, if not
paid in such manner, by Borrower making payment, when due, directly to the payee thereof, Borrower
shall promptly furnish to Lender all notices of amounts due under this paragraph, and in the event
Borrower shall make payment directly, Borrower shall promptly furnish to Lender receipts evidencing
such payments. Borrower shall promptly discharge any lien which has priority over this Mortgage;
provided, that Borrower shall not be required to discharge any such lien so long as Borrower shall agree
in writing to the payment of the obligation secured by such lien in a manner acceptable to Lender, or
shall in good faith contest such lien by, or defend enforcement of such lien in, legal proceedings which
operate to prevent the enforcement of the lien or forfeiture of the Property or any part thereof.
4. INSURANCE. The Borrower shall maintain Insurance associated with the property that
equals the properties current market value as determined by insurance company and as approved by
Lender. Borrower agrees to name Lender as additional insured. Evidence of Insurance shall be provided
to Lender upon request. Any cost associated with additional insured requirements shall be paid by
Borrower.
5. PRESERVATION AND MAINTENANCE OF PROPERTY. Borrower shall keep the
Property in good repair and shall not commit waste or permit impairment or deterioration of the
Property.
6. PROTECTION OF LENDER'S SECURITY. This mortgage secures the unpaid
balance of loan advances to be made after this mortgage is delivered to the county recorder for
record. The maximum amount of unpaid balance of all loan advances, in the aggregate and
exclusive of interest thereon and other advances made pursuant thereto, which may be outstanding at
any time is that amount set forth at the beginning of this mortgage. This mortgage is given to
acquire, refinance and/or improve the premises herein described. If Borrower shall default in the
payment of any indebtedness hereby secured or fails to perform any of the covenants and agreements
contained in this Mortgage and the referenced Mortgage Note, or if any action or proceeding is
commenced which materially affects Lender's interest in the Property, then the Lender may at its
election declare the entire indebtedness hereby secured to be immediately due and payable, and upon
any such declaration the entire indebtedness hereby secured shall be immediately due and payable,
anything herein or in said promissory note contained to the contrary notwithstanding.
7. INSPECTION. Lender may make or cause to be made reasonable entries upon and
inspections of the Property, provided that Lender shall give Borrower notice prior to any such inspection
specifying reasonable cause therefore related to Lender's interest in the Property.