This post contains two contracts.
The Bank of Neoxian shall loan the sum of 220 SBD to . He promises to repay 240 SBD. He shall pay 60 SBD per week until 240 SBD is reached. The date of first payment shall be on June 25th, 2018.
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.
Owner key(s) will be returned upon successful completion of loan.
The Bank of Neoxian shall loan an amount of SBD equal to 1000 usd (725 SBD) to . She has a previous debt of 32 SBD, so the amount transfered will be 693 SBD.
She promises to repay 1150 usd. She shall pay an amount of Steem and/or SBD equal to 57.5 usd per week until 1150 usd is reached. The first payment shall be on June 22, 2018.
The website coinmarketcap.com shall be used to determine the price of Steem and SBD for purposes of repayment.
The Bank retains the Owner key of and shall return it when this loan is complete.
(pic from https://img.wennermedia.com)
Please sign below...