The Bank of Neoxian shall loan the sum of 150 SBD to @pjcswart. He promises to repay 165 SBD. He shall repay 40 SBD per week until 165 SBD is reached. The first payment shall be on Feb. 8th, 2019.
@pjcswart 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 owed value, or if it is necessary to powerdown to pay the loan, then the full powerdown should go to the bank.
Owner key(s) will be returned upon successful completion of loan.
Please sign below...
(pic from https://tamiyaryu.jp)
I agree thank YOU!
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@neoxian,
Lending loans in SBD format is a good idea of course! Congratz for both parties!
Cheers~
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What a great system this is. This is the first time I've seen this. I will try to support you as much as I can
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The action is back in the bank ;) congratulation on the deal
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The samurai bank of @neoxian will slice your banking troubles in half ;>
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This is s very nice contract name with classic photo of a master!
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And I shall give my tiny SteemPower upvote to the @neoxian, and it shall last forever, or until the shit hits the Fan.
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Good contract, very generous!
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The Neoxian bank always standing out with its art, the best contracts here!
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Thank you for your continued support of SteemSilverGold
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Hi @neoxian!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 7.419 which ranks you at #58 across all Steem accounts.
Your rank has not changed in the last three days.
In our last Algorithmic Curation Round, consisting of 279 contributions, your post is ranked at #26.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
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