This post contains two contracts.
The Bank of Neoxian shall loan the sum of 1000 usd to @mrviquez.
He promises to repay 1100 usd. He shall pay 100 usd per week until 1100 usd is reached. The first payment shall be on Oct 16th, 2018.
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. From this website, the price for the "Bittrex" market shall be used.
@mrviquez 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.
The Bank of Neoxian shall loan the sum of 45 steem to @milaan. He promises to repay 52 steem. He shall pay 5.2 steem per week until 52 steem is reached. The first payment shall be on Oct 11, 2018.
The Bank retains the Owner key of @milaan and shall return it when this loan is complete.
Please sign below...
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