Funds are utilized to secure vacant land for development or value- add property within the City of Sacramento. Minimum Investment: $100,000 Term Length: 18 - 24 months LTV: 100% Rate of Return: 10 - 12% Extension Term: 3 months Extension Fee Paid to Lender: 1 point** Appraisal: A thorough Market Analysis report shall be prepared by a licensed Real Estate professional and provided to Lender, reflecting comparable sales and current market value. Security: 1st Deed of Trust secured against the subject property. All Borrowers to supply Personal Guaranty of debt in the amount of the loan. Insurance: Borrower shall provide Lender evidence of an all-risk policy with extended coverage, on the subject property, in an amount equal to the lesser of total loan amounts or estimated replacement cost. Expenses: Borrower shall pay all title and escrow related expenses required to facilitate loan closing. Maturity and Payments: Interest accrues from the date of closing. All outstanding principal, interest and loan points shall be paid in one balloon payment due on the earlier of the transfer or sale of any portion of the subject property, or upon the Maturity Date. No prepayment penalty. Construction Loan: Within the loan term, Borrower shall work to obtain plan approvals and building permit(s) as required by Borrower’s construction lender. Payoff of Purchase Loan may be funded from a new construction loan secured by the Borrower. Example: Conventional lender funds new construction loan, along with payoff of Purchase Loan, upon construction loan approval and building permit issuance. Financial Reporting: Borrower shall provide to Lender 1099-Misc. Form as required.

Funds are utilized to secure Architectural and Engineering plans, Technical Studies, Specialized Reports, and pay costs associated with City plan review to obtain plan approvals and permit issuance. Minimum Investment: $20,000 Term: 6 - 18 months LTV: 100% Rate of Return: 12 - 14% Extension Term: 3 months Extension Fee Paid to Lender: 1 point** Appraisal: A thorough Market Analysis report shall be prepared by a licensed Real Estate professional and provided to Lender, reflecting comparable sales and current market value. Security: 2nd Deed of Trust secured against the property or other Indie-owned property consistent with max LTV limits. Insurance: Borrower shall provide Lender evidence of an all-risk policy with extended coverage, on the subject property, in an amount equal to the lesser of total loan amounts or estimated replacement cost. Expenses: Borrower shall pay all title and escrow related expenses required to facilitate loan closing. Maturity and Payments: Interest accrues from the date of closing. All outstanding principal, interest and loan points shall be paid in one balloon payment due on the earlier of the transfer or sale of any portion of the subject property, or upon the Maturity Date. No prepayment penalty. Construction Loan: Within the loan term, Borrower shall work to obtain plan approvals and building permit(s) as required by Borrower’s construction lender. Payoff of Entitlement Loan may be funded from a new construction loan secured by the Borrower. Example: Conventional lender funds new construction loan, along with payoff of Purchase Loan, upon construction loan approval and building permit issuance. Financial Reporting: Borrower shall provide to Lender 1099-Misc. Form as required.

Upon confirmation of the preferred investment product and lending amount, Lender to submit to Indie Capital: Proof of funds for the investment amount Complete W-9 Indie Capital will review, and upon receipt, provide you with a list of applicable projects. We welcome questions during this process and look forward to providing an exciting portfolio of projects to choose from. Once the project is selected, escrow is opened with our preferred title company. Lender conditions precedent to loan closing include: Operating Agreement or Articles of Incorporation* Statement of Identity* Other documentation as Title may require Borrower and Title conditions precedent to loan closing include: Preliminary Title Report Deed of Trust Promissory Note Borrower’s Personal Guarantee All Risk Insurance Policy, listing Lender as Additional Insured

The title company facilitates closing of the subject loan upon receipt of all required documents, loan funds and signed loan agreements. A standard California Land Title Association policy is issued, and applicable loan documents recorded with the Sacramento County Clerk Recorder

Indie Capital will provide you with regular project updates throughout the loan term. Development plans are shared, and approval milestones communicated. We don’t take the trust you have placed in our company and product lightly— and look forward to developing a successful long term relationship, along with valuable community assets, which would not be possible without our private lending relationships. Thank you.