The Bank of Neoxian shall loan the sum of 1095 usd to Hive account@stevenmosoes. He promises to repay 1275 usd in five months time. He shall repay 120 wls per week until 1275 usd (value) is reached. The first payment shall be on Nov 20th, 2018. The 120 wls weekly payment shall increase each week as allowed by the Whaleshares system.

A penalty of 20 usd is assessed for each month past five.

Wls refers to the liquid currency in the Whaleshares system.

The money amounts are in terms of USD, but are transacted in SBD, Steem, Wls, or other crypto. The website coinmarketcap.com shall be used to determine the prices for purposes of payment. The Rudex exchange shall be used to determine the price of Wls for purposes of repayment.

Hive account@stevenmosoes shall offer up his whaleshares account Hive account@stevenmosoes for this loan.

Hive account@stevenmosoes 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.

(pic from https://s8096.pcdn.co)

Note, this is my first Whaleshares based loan.