The Buckaroo Banzai Bank of Neoxian: daily contracts: 2018-10-06

This post contains two contracts.

The Bank of Neoxian shall loan the sum of 40 steem to Hive account@mayib. They promise to repay 45 steem in one month’s time.

The Bank retains the Owner key of Hive account@mayib and shall return it when this loan is complete.

The Bank of Neoxian shall loan the sum of 100 steem to Hive account@winarobert. He promises to repay 115 steem. He shall pay 14.375 steem per week until 115 steem is reached (8 weeks). The first payment shall be on Oct. 14, 2018.

Hive account@winarobert shall hereafter be known as the lendee…
To insure payment of this loan, the lendee promises to hand over their Owner key(s) to the bank. The bank will give back new active and posting keys to the lendee. The lendee affirms that the owner key(s) are given voluntarily and their account(s) are not stolen. They promise not to initiate the Stolen account recovery procedure.
The lendee agrees that if the Bank decides to change the active key(s) and keep them private, this does not constitute of breach of contract.
Lendee also consents to Bank changing the trustee if the Bank so chooses.
The Lendee promises not to power down the account(s) to the point where the collateral would be less than the loaned value.
Owner key(s) will be returned upon successful completion of loan.

Please sign below...

(pic from https://nerdist.com)