Generation Income Properties extends $5.2M Brown Family note maturity to Oct 14, 2027 at 9%

GENERATION INCOME PROPERTIES, INC.

First Amendment to Amended and Restated Secured Promissory Note extends Maturity Date from October 14, 2026 to October 14, 2027; effective October 14, 2026.
Note continues at fixed 9% per annum simple interest, payable monthly, with other payment terms unchanged; no accrued interest capitalized and indebtedness not increased.
Outstanding principal confirmed at $5.2 million as of September 28, 2026, after a $300,000 principal payment made July 6, 2026 on the original $5.5 million note dated July 21, 2023.
Noteholder Brown Family Enterprises LLC confirmed no default or event of default exists; security interest under the July 21, 2023 Security Agreement continues to secure the obligations.
Signed October 2, 2026 by CEO David Sobelman for Generation Income Properties, L.P. and Manager Christian Brown for the Noteholder.

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