This post contains two contracts.
The Bank of Neoxian shall loan the sum of 200 steem to .
He promises to repay 215 steem in two weeks time.
A penalty of 5 steem is applied for each week late.
offers up the following Steem Monster Cards for collateral:
- 5 alpha gold level 3 Defender of Truths
These cards will be returned when this loan is complete.
The Bank of Neoxian shall loan the sum of 150 steem to . He promises to repay 160 steem in three weeks time.
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://www.unboundworlds.com/)