The Empire Bank of Neoxian: daily contracts 2020-01-01

The Bank of Neoxian shall loan the sum of 5000 steem to @swedishdragon. She promises to repay 5500 steem by 2020-01-17.

@swedishdragon shall offer up the account @swedishdragon76 for this loan.

@swedishdragon 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.
The Lendee agrees this contract remains valid regardless of any flags this contract post might receive.
Owner key(s) will be returned upon successful completion of loan.

Please sign below...


(pic from https://amp.businessinsider.com)



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9 comments
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I totally agree and it's very interesting

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Awesome ... happy new year wishing you a great year ahead full of joy happiness and lot of work in bank haha :)

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Good to see the bank going into the new year. Hope its a good one!

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Good to see the bank
Going into the new year.
Hope its a good one!

                 - old-guy-photos


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