This post contains three contracts.
The Bank of Neoxian shall loan the sum of 700 steem to @brothermic. He promises to repay 780 steem. He shall pay 156 steem per week until 780 steem is reached. The first payment shall be Sept 26th, 2018.
@brothermic 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 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.
@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.
The Bank of Neoxian shall loan the sum of 700 usd to @sk-russell. 707 SBD shall be paid. He promises to repay 770 usd. He shall pay an amount of steem and/or SBD equal to 385 usd per month until 770 usd is reached. First payment shall be Oct 19th, 2018
The website coinmarketcap.com shall be used to determine the price of Steem and SBD for purposes of repayment.
@sk-russell 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://masterthecrypto.com)
