The Cybernetic Bank of Neoxian: daily contracts: 2019-03-16

This post contains two contracts.

The Bank of Neoxian shall loan the sum of 100 steem to Hive account@geekgirl. She promises to repay 110 steem in three days time.

The Bank of Neoxian shall loan the sum of 1300 steem to Hive account@joelgonz1982. He promises to repay 1450 steem. He shall pay 128 steem per week until 1450 steem is reached. The first payment shall be March 24th, 2019.

Hive account@joelgonz1982 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 owed value, or if it is necessary to powerdown to pay the loan, then the full powerdown should go to the bank.
The Lendee agrees this contract remains valid regardless of any flags this contract post might receive.
Owner key(s) will be returned upon successful completion of loan.

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