PROMISSORY NOTE AND LOAN AGREEMENTPromissory Note and Loan Agreement • August 21st, 2024 • Trustfeed Corp. • Services-computer processing & data preparation • New York
Contract Type FiledAugust 21st, 2024 Company Industry JurisdictionFOR VALUE RECEIVED AND IN CONSIDERATION OF THE LOAN, Trustfeed Corp., a Nevada corporation with a principal place of business at 10940 Wilshire Boulevard, Suite 705, Los Angeles, CA 90024 (the “Borrower”), hereby promises to pay to the order of CWR 1, LLC, a Delaware limited liability company with a principal place of business at 450 Page Avenue, Staten Island, NY 10307 (the “Lender”), the principal sum of Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00) (the “Commitment Amount”), or such lesser amount thereof as may be borrowed from the Lender and then outstanding, together with interest thereon from the date of this Promissory Note and Loan Agreement (this “Note”). Interest on any amounts advanced pursuant to this Note (each such amount, an “Advance”) shall accrue and be paid in the manner set forth in Section 4 of this Note. Subject to the provisions of Section 10 hereof, the outstanding principal of, and any and all accrued and unpaid interest with respect to, this Note