The Legacy Bank of Neoxian: daily contracts: 2018-09-08

in bank •  last month

The Bank of Neoxian shall loan the sum of 200 steem to @gmuxx. He promises to repay 230 steem in three weeks time.

@gmuxx 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.logolynx.com)

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Signed, thank you.

waw great business ties

Awesome good work @neoxian upvoted

Posted using Partiko iOS

Thank you for your continued support of SteemSilverGold

The Legacy of the bank continues forever :) congratulations

Hi @neoxian!

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Congratz to to @gmuxx. Good luck with your loan.

Congratulations on making your contract @gmuxx I hope the services provided by the Bank will be useful for your activities in the Community

Congratulations on the next contract.

i wonder how people are going to pay these loans in just few days ?? anyone for the reply ??