1. What type of instrument is this Promissory Note, Check, Draft or Certificate of Deposit?

1. Identify the parties. Maker / Drawer? Payee? Drawee?

1. Prior to endorsement is it Order Paper or Bearer Paper?

1. What type of endorsement (if any) is on the back?

1. The party that holds the right to payment on Original Issue = __________________

1. The party to whom the right to payment was transferred = ___________________

1. What is the Principal Amount?

1. Is this a secured loan? ____________ What is the collateral?

1. What is the interest rate?

1. What is the term?

1. What type of amortization? Full? interest only? Balloon? Negative?

1. Paragraph numbered 3 is best know as ____________________________

Paragraph numbered 4 is best known as ___________________________

Thank you!

FOR VALUE RECEIVCD, Russell Realty Co, Ino. having an address at 129 Broqdway, Huntington, NY ("Borrower?") hereby covenants and May 15,2018 promises to pay to The Magnetio Fund of Long Island, L, P a Delaware limited partnership, having an addiess at 982 Montauk Highway, written, Baypoit, NY 11705 ("L'ender"); at Lende 000.00 ) Four Hundred Thousand Dollars (\$4ith interest thereoon computed from. United States of America, togell to six and otie half (6.5%) percent per the date hereof at a rate equal to sable, interest only at the aforesaid- and annum, which interest shall be paycing on the 15 th day of Junc, May 14tha,, in monthly installiments commentin each month thereafter, the interest shell 2020 , on which date all outstanding principal and accue basis of an actual be due and payable. Interest shall 1. Boriower will pay provided herein. 2. This Note is secured by a mortgage of even date herewith (the "Mortgage"), ( which Mortgage is a lien upon the real property. known as 123 Smith Street, Quogue, NY and more particularty described in said Mortgage. 3. The holder of this Note may declare the entire unpaid amount of principal and interest under this Note to be immediately due and payable if Borrower defaults in the due and punctual payment of any installment of principal or inteest hereunder, and more than ten (10) days has elapsed beyond the due date for such payment. 4. The Borrower shall biave the right to prepay thie entire indebtedness evidenced by this Note on or after November 15 , 2018 withot penalty. RUSSELL REALTY, CO, INC. By BACK: Without Recourse, Pay to the order of Sheryl Jackie nThe Maginetic Fund of loing lsland