The Bountiful Bank of Neoxian: daily contracts: 2018-10-16

neoxian (70)in #bank • 6 years ago (edited)

This Post contains three contracts.

The Bank of Neoxian shall loan 280 usd to @upgo. He promises to repay 300 usd. He shall pay 150 usd on 27 November 2018, and another 150 usd on 27 December 2018 or before.

The money amounts are in terms of USD, but are transacted in SBD and/or Steem. The website coinmarketcap.com shall be used to determine the prices for purposes of payment.

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

The Bank of Neoxian shall loan the sum of 100 steem to @n4zriofficial. He promises to repay 110 steem. He shall pay 20 steem per week until 110 steem is reached (10 steem last payment). The first payment shall be on Oct 25th, 2018.

The Bank retains the keys to @n4zriofficial and @n4zrizulkafli and shall return them when this loan is complete.

The Bank of Neoxian shall loan the sum of 800 steem to @klye. He promises to repay 888 steem after five weeks.
He shall pay 200 steem per week until 888 steem is reached.
First payment is Oct 19th, 2018.

@klye 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.

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