CX Liberty Mill, DST D/A $65.89M in investment fund / equity, sold $59.05M, 117 investors

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D

Notice of Exempt Offering of Securities

OMB APPROVAL

OMB Number:	3235-0076
Estimated average burden
hours per response:	4.00

1. Issuer's Identity

CIK (Filer ID Number)

Previous Names

X None

Entity Type

0001898733

	Corporation
	Limited Partnership
	Limited Liability Company
	General Partnership
	Business Trust
X	Other (Specify)

Delaware Statutory Trust

Name of Issuer

CX Liberty Mill, DST

Jurisdiction of Incorporation/Organization

DELAWARE

Year of Incorporation/Organization

	Over Five Years Ago
X	Within Last Five Years (Specify Year)	2021
	Yet to Be Formed

2. Principal Place of Business and Contact Information

Name of Issuer
CX Liberty Mill, DST
Street Address 1		Street Address 2
4890 WEST KENNEDY BOULEVARD		SUITE 200
City	State/Province/Country	ZIP/PostalCode	Phone Number of Issuer
TAMPA	FLORIDA	33609	(813) 281-1023

3. Related Persons

Last Name	First Name	Middle Name
Carter	John	E.
Street Address 1	Street Address 2
4890 West Kennedy Boulevard	Suite 200
City	State/Province/Country	ZIP/PostalCode
Tampa	FLORIDA	33609

Relationship: X Executive Officer Director Promoter

Clarification of Response (if Necessary):

President of the Manager of the Issuer

Last Name	First Name	Middle Name
Carter Exchange Fund Management Company, LLC	N/A
Street Address 1	Street Address 2
4890 West Kennedy Boulevard	Suite 200
City	State/Province/Country	ZIP/PostalCode
Tampa	FLORIDA	33609

Relationship: X Executive Officer Director Promoter

Clarification of Response (if Necessary):

Sponsor of the Issuer

Last Name	First Name	Middle Name
CX Liberty Mill Manager, LLC	N/A
Street Address 1	Street Address 2
4890 West Kennedy Boulevard	Suite 200
City	State/Province/Country	ZIP/PostalCode
Tampa	FLORIDA	33609

Relationship: X Executive Officer Director Promoter

Clarification of Response (if Necessary):

Manager and Signatory Trustee of the Issuer

Last Name	First Name	Middle Name
CX Liberty Mill Depositor, LLC	N/A
Street Address 1	Street Address 2
4890 West Kennedy Boulevard	Suite 200
City	State/Province/Country	ZIP/PostalCode
Tampa	FLORIDA	33609

Relationship: X Executive Officer Director Promoter

Clarification of Response (if Necessary):

Depositor of the Issuer

4. Industry Group

Agriculture Banking & Financial Services Commercial Banking Insurance Investing Investment Banking Pooled Investment Fund Is the issuer registered as an investment company under the Investment Company Act of 1940? Yes No Other Banking & Financial Services Business Services Energy Coal Mining Electric Utilities Energy Conservation Environmental Services Oil & Gas Other Energy

Health Care Biotechnology Health Insurance Hospitals & Physicians Pharmaceuticals Other Health Care Manufacturing Real Estate Commercial Construction REITS & Finance Residential X Other Real Estate

Retailing Restaurants Technology Computers Telecommunications Other Technology Travel Airlines & Airports Lodging & Conventions Tourism & Travel Services Other Travel Other

5. Issuer Size

Revenue Range		OR	Aggregate Net Asset Value Range
	No Revenues			No Aggregate Net Asset Value
	$1 - $1,000,000			$1 - $5,000,000
	$1,000,001 - $5,000,000			$5,000,001 - $25,000,000
	$5,000,001 - $25,000,000			$25,000,001 - $50,000,000
	$25,000,001 - $100,000,000			$50,000,001 - $100,000,000
	Over $100,000,000			Over $100,000,000
X	Decline to Disclose			Decline to Disclose
	Not Applicable			Not Applicable

6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)

	Rule 504(b)(1) (not (i), (ii) or (iii))
	Rule 504 (b)(1)(i)
	Rule 504 (b)(1)(ii)
	Rule 504 (b)(1)(iii)
X	Rule 506(b)
	Rule 506(c)
	Securities Act Section 4(a)(5)

Investment Company Act Section 3(c)

Section 3(c)(1) Section 3(c)(9)

Section 3(c)(2) Section 3(c)(10)

Section 3(c)(3) Section 3(c)(11)

Section 3(c)(4) Section 3(c)(12)

Section 3(c)(5) Section 3(c)(13)

Section 3(c)(6) Section 3(c)(14)

Section 3(c)(7)

7. Type of Filing

	New Notice	Date of First Sale	2021-12-16	First Sale Yet to Occur
X	Amendment

8. Duration of Offering

Does the Issuer intend this offering to last more than one year? Yes X No

9. Type(s) of Securities Offered (select all that apply)

X	Equity	X	Pooled Investment Fund Interests
	Debt		Tenant-in-Common Securities
	Option, Warrant or Other Right to Acquire Another Security		Mineral Property Securities
	Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security		Other (describe)

10. Business Combination Transaction

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer? Yes X No

Clarification of Response (if Necessary):

11. Minimum Investment

Minimum investment accepted from any outside investor $25,000 USD

12. Sales Compensation

Recipient	Recipient CRD Number None
Stacey Morimoto	4420782
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Stax Capital	300607
Street Address 1	Street Address 2
7960 Entrada Lazanja
City	State/Province/Country	ZIP/Postal Code
San Diego	CALIFORNIA	92127
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
CALIFORNIA NEVADA OREGON

Recipient	Recipient CRD Number None
Anthony Brown	6900485
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Stax Capital	300607
Street Address 1	Street Address 2
7960 Entrada Lazanja
City	State/Province/Country	ZIP/Postal Code
San Diego	CALIFORNIA	92127
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
CALIFORNIA NEVADA

Recipient	Recipient CRD Number None
Sonya Gotz	4007918
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
TCFG Wealth Management, LLC	164153
Street Address 1	Street Address 2
28202 Cabot Road	Suite 300
City	State/Province/Country	ZIP/Postal Code
Laguna Niguel	CALIFORNIA	92677
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
FLORIDA NEW JERSEY

Recipient	Recipient CRD Number None
Robert Horning	2311640
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
McDermott Investment Services, LLC	154926
Street Address 1	Street Address 2
6633 S. Halm Avenue
City	State/Province/Country	ZIP/Postal Code
Los Angeles	CALIFORNIA	90056
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
CALIFORNIA

Recipient	Recipient CRD Number None
Adam Bryan	5443986
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
McDermott Investment Services, LLC	154926
Street Address 1	Street Address 2
1011 Petit Avenue
City	State/Province/Country	ZIP/Postal Code
North Hills	CALIFORNIA	91343
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
CALIFORNIA

Recipient	Recipient CRD Number None
David Levinson	705929
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
American Trust Investment Services, Inc.	3001
Street Address 1	Street Address 2
4722 Main Street
City	State/Province/Country	ZIP/Postal Code
Lisle	ILLINOIS	60532
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
CALIFORNIA FLORIDA

Recipient	Recipient CRD Number None
Roger Bowlin	1905652
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Aurora Securities	46147
Street Address 1	Street Address 2
2731 77th Avenue SE	Suite 100
City	State/Province/Country	ZIP/Postal Code
Mercer Island	WASHINGTON	98040
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
CALIFORNIA TENNESSEE WASHINGTON

Recipient	Recipient CRD Number None
Jason Finley	6602034
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Stax Capital	300607
Street Address 1	Street Address 2
7960 Entrada Lazanja
City	State/Province/Country	ZIP/Postal Code
San Diego	CALIFORNIA	92127
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
CALIFORNIA OREGON

Recipient	Recipient CRD Number None
Quinn Morimoto	7140545
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Stax Capital	300607
Street Address 1	Street Address 2
7960 Entrada Lazanja
City	State/Province/Country	ZIP/Postal Code
San Diego	CALIFORNIA	92127
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
CALIFORNIA OREGON

Recipient	Recipient CRD Number None
Trawnegan Gall	6266415
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Wealthforge Securities, LLC	152550
Street Address 1	Street Address 2
130 N. Preston Road	Suite 238
City	State/Province/Country	ZIP/Postal Code
Prosper	TEXAS	75078
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
CALIFORNIA FLORIDA

Recipient	Recipient CRD Number None
Edwin Suzuki	4851317
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Westpark Capital, Inc.	39914
Street Address 1	Street Address 2
1600 Dove Street	Suite 250
City	State/Province/Country	ZIP/Postal Code
Newport Beach	CALIFORNIA	92660
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
CALIFORNIA

Recipient	Recipient CRD Number None
Randy Barmache	4607939
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
American Trust Investment Services, Inc.	3001
Street Address 1	Street Address 2
501 N. El Camino Real	#211
City	State/Province/Country	ZIP/Postal Code
San Clemente	CALIFORNIA	92672
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
NEW HAMPSHIRE

Recipient	Recipient CRD Number None
Edward Fernandez	2956661
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Capulent LLC	155155
Street Address 1	Street Address 2
2603 Main Street	Suite 1050
City	State/Province/Country	ZIP/Postal Code
Irvine	CALIFORNIA	92614
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
MASSACHUSETTS

Recipient	Recipient CRD Number None
Jason Pueschel	2257351
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Patrick Capital Markets, LLC	16518
Street Address 1	Street Address 2
11152 S. Towne Square
City	State/Province/Country	ZIP/Postal Code
St. Louis	MISSOURI	63123
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
MASSACHUSETTS

Recipient	Recipient CRD Number None
Christopher Zehner	4228224
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Purshe Kaplan Sterling Investments	35747
Street Address 1	Street Address 2
235 West 6th Street
City	State/Province/Country	ZIP/Postal Code
Erie	PENNSYLVANIA	16507
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
PENNSYLVANIA

Recipient	Recipient CRD Number None
Joe Quartucci	4522516
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Kalos Capital, Inc.	44337
Street Address 1	Street Address 2
165 Elmhurst	Suite B
City	State/Province/Country	ZIP/Postal Code
Kyle	TEXAS	78640
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
TEXAS

Recipient	Recipient CRD Number None
Terence Taylor	5269151
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Kalos Capital, Inc.	44337
Street Address 1	Street Address 2
165 Elmhurst	Suite B
City	State/Province/Country	ZIP/Postal Code
Kyle	TEXAS	78640
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
TEXAS

Recipient	Recipient CRD Number None
Rob Johnson	4318220
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Thornhill Securities, Inc.	22333
Street Address 1	Street Address 2
400 W. 15th Street	Suite 700
City	State/Province/Country	ZIP/Postal Code
Austin	TEXAS	78701
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
CALIFORNIA NEVADA

Recipient	Recipient CRD Number None
Sandy Simmons	1018907
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Patrick Capital Markets, LLC	16518
Street Address 1	Street Address 2
115 Wilcox Street	Suite 220
City	State/Province/Country	ZIP/Postal Code
Castle Rock	COLORADO	80104
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
WASHINGTON

Recipient	Recipient CRD Number None
Eric Kuchherzki	2529623
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Centaurus Financial, Inc.	30833
Street Address 1	Street Address 2
840 Hinckley Road	Suite 226
City	State/Province/Country	ZIP/Postal Code
Burlingame	CALIFORNIA	94010
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
CALIFORNIA

Recipient	Recipient CRD Number None
Leslie Pappas	1735372
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Lightpath Capital, Inc.	34617
Street Address 1	Street Address 2
8488 35th Avenue N
City	State/Province/Country	ZIP/Postal Code
St. Petersburg	FLORIDA	33710
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
CALIFORNIA

Recipient	Recipient CRD Number None
Preston Charlton	2135631
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Wealthforge Securities, LLC	152550
Street Address 1	Street Address 2
7051 Heathcote Village Way	Suite 200
City	State/Province/Country	ZIP/Postal Code
Gainesville	VIRGINIA	20155
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
MARYLAND NEW JERSEY

Recipient	Recipient CRD Number None
Concorde Investment Services, LLC	151604
(Associated) Broker or Dealer X None	(Associated) Broker or Dealer CRD Number X None
None	None
Street Address 1	Street Address 2
19500 Victor Parkway	Suite 550
City	State/Province/Country	ZIP/Postal Code
Livonia	MICHIGAN	48152
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
CALIFORNIA COLORADO FLORIDA NEW MEXICO

Recipient	Recipient CRD Number None
Emerson Equity LLC	130032
(Associated) Broker or Dealer X None	(Associated) Broker or Dealer CRD Number X None
None	None
Street Address 1	Street Address 2
155 Bovet Road	Suite 725
City	State/Province/Country	ZIP/Postal Code
San Mateo	CALIFORNIA	94402
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
ARIZONA CALIFORNIA COLORADO FLORIDA MAINE

Recipient	Recipient CRD Number None
DFPG Investments, LLC	155576
(Associated) Broker or Dealer X None	(Associated) Broker or Dealer CRD Number X None
None	None
Street Address 1	Street Address 2
9017 S. Riverside Drive	Suite 210
City	State/Province/Country	ZIP/Postal Code
Sandy	UTAH	84070
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
CALIFORNIA FLORIDA MARYLAND NEW JERSEY NEW YORK OREGON RHODE ISLAND VERMONT

Recipient	Recipient CRD Number None
Carmine Galimi	3265523
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Growth Capital Services, Inc.	124658
Street Address 1	Street Address 2
2093 Philadelphia Pike 4196
City	State/Province/Country	ZIP/Postal Code
Claymont	DELAWARE	19703
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
ILLINOIS

Recipient	Recipient CRD Number None
Less Anderson	873403
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Wilson-Davis & Co., Inc.	3777
Street Address 1	Street Address 2
236 South Main
City	State/Province/Country	ZIP/Postal Code
Salt Lake City	UTAH	84101
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
UTAH

Recipient	Recipient CRD Number None
David Kangas	6591398
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Wealthforge Securities, LLC	152550
Street Address 1	Street Address 2
738 E. Chapman Avenue
City	State/Province/Country	ZIP/Postal Code
Orange	CALIFORNIA	92866
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
CALIFORNIA FLORIDA TEXAS

Recipient	Recipient CRD Number None
Michael Cronin	4737860
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Huntwicke Securities, LLC	146993
Street Address 1	Street Address 2
7 Grove Street	Suite 201
City	State/Province/Country	ZIP/Postal Code
Topsfield	MASSACHUSETTS	01983
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
MASSACHUSETTS NEW JERSEY

Recipient	Recipient CRD Number None
Ivan West	4921015
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
American Trust Investment Services, Inc.	3001
Street Address 1	Street Address 2
4722 Main Street
City	State/Province/Country	ZIP/Postal Code
Lisle	ILLINOIS	60532
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
NEVADA

Recipient	Recipient CRD Number None
Billy Aycock	4069907
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Center Street Securities, Inc.	26898
Street Address 1	Street Address 2
2 International Plaza	Suite 301
City	State/Province/Country	ZIP/Postal Code
Nashville	TENNESSEE	37217
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
TENNESSEE

Recipient	Recipient CRD Number None
James Torti	7011095
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Colorado Financial Service Corporation	104343
Street Address 1	Street Address 2
188 Inverness Drive West	Suite 100
City	State/Province/Country	ZIP/Postal Code
Centennial	COLORADO	80112
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
ILLINOIS

Recipient	Recipient CRD Number None
Joseph Kocsis	2423884
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Great Point Capital LLC	114203
Street Address 1	Street Address 2
200 West Jackson Boulevard	Suite 1000
City	State/Province/Country	ZIP/Postal Code
Chicago	ILLINOIS	60606
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
NEW JERSEY

Recipient	Recipient CRD Number None
Matthew Nadeau	4637541
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Kingswood Capital Partners, LLC	288898
Street Address 1	Street Address 2
3500 Douglas Boulevard	Suite 150
City	State/Province/Country	ZIP/Postal Code
Roseville	CALIFORNIA	95661
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
CALIFORNIA

Recipient	Recipient CRD Number None
Donna Payne	1007323
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Centaurus Financial, Inc.	30833
Street Address 1	Street Address 2
11 Hunt Drive
City	State/Province/Country	ZIP/Postal Code
Summerland	CALIFORNIA	93067
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
WISCONSIN

Recipient	Recipient CRD Number None
Gordon Hamilton	5028789
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Colorado Financial Service Corporation	104343
Street Address 1	Street Address 2
6025 Erin Park Drive	Suite A-3
City	State/Province/Country	ZIP/Postal Code
Colorado Springs	COLORADO	80918
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
COLORADO

Recipient	Recipient CRD Number None
Steven Kolinsky	1090913
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
The Strategic Financial Alliance, Inc.	126514
Street Address 1	Street Address 2
500 N. Franklin Turnpike	Suite 104
City	State/Province/Country	ZIP/Postal Code
Ramsey	NEW JERSEY	07446
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
NEW YORK

Recipient	Recipient CRD Number None
Kim Kunz	718618
(Associated) Broker or Dealer None	(Associated) Broker or Dealer CRD Number None
Westpark Capital, Inc.	39914
Street Address 1	Street Address 2
6645 Morro Road
City	State/Province/Country	ZIP/Postal Code
Atascadero	CALIFORNIA	93422
State(s) of Solicitation (select all that apply) Check “All States” or check individual States All States	Foreign/non-US
CALIFORNIA

13. Offering and Sales Amounts

Total Offering Amount	$65,885,176	USD	or Indefinite
Total Amount Sold	$59,050,393	USD
Total Remaining to be Sold	$6,834,783	USD	or Indefinite

Clarification of Response (if Necessary):

Regarding Item 11, the Issuer may accept smaller investments in the Issuer's sole discretion.

14. Investors

Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.

Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:

117

15. Sales Commissions & Finder's Fees Expenses

Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.

Sales Commissions	$6,094,380	USD	X Estimate
Finders' Fees	$0	USD	X Estimate

Clarification of Response (if Necessary):

Sales Commissions include estimates of the maximum amount of Selling Commissions, Dealer Fees and Expense Reimbursements that may be paid.

16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.

$3,313,736 USD X Estimate

Clarification of Response (if Necessary):

Item 16 is an estimate of acquisition fees, reimbursements for certain acquisition and financing costs and offering and organizational expenses that may accrue to one or more Related Persons.

Signature and Submission

Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.

Terms of Submission

In submitting this notice, each issuer named above is:

• Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.*

• Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against the issuer in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of: (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.

• Certifying that, if the issuer is claiming a Regulation D exemption for the offering, the issuer is not disqualified from relying on Rule 504 or Rule 506 for one of the reasons stated in Rule 504(b)(3) or Rule 506(d).

Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.

For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.

Issuer	Signature	Name of Signer	Title	Date
CX Liberty Mill, DST	/s/ Robert Dallas Whitaker, Jr	Robert Dallas Whitaker, Jr.	Vice President of the Manager of the Issuer	2022-03-01

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* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.