PROMISSORY NOTE, DATED JUNE 26, 2026
AppTech Payments Corp.
PROMISSORY NOTE
Principal Amount: $500,000.00
Date: June 26, 2026
FOR VALUE RECEIVED, the undersigned ("Borrower") hereby promises to pay to the Suzanne D. Lord Spousal Estate Reduction Trust dated January 17, 2025 ("Lender"), or its permitted assigns, the principal sum of Five Hundred Thousand Dollars ($500,000.00), together with interest thereon, pursuant to the terms set forth below.
The proceeds of this Note shall be used by the Borrower for short-term working capital and general corporate purposes.
Principal
The Borrower acknowledges receipt of the principal amount of $500,000.00.
Interest
The outstanding principal balance shall bear interest at the rate of nine percent (9.00%) per annum, calculated on the basis of a 365-day year and the actual number of days elapsed.
No payments of principal or interest shall be due prior to the Maturity Date.
Maturity
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