HUMBL borrows $2M from Sartorii, LLC via unsecured note at 5% interest, 36-month term.

TAP REAL ESTATE TECHNOLOGIES, INC.

Borrowed $2,000,000 from Sartorii, LLC under Note Purchase Agreement dated July 26, 2022.
Note is unsecured, bears 5% simple interest per annum, matures 36 months from disbursement (July 2025).
No prepayment penalty; default interest rate of 8%.
First $1M disbursed July 28, 2022; second $1M July 29, 2022.

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