The Worthy Bank of Neoxian: daily contracts: 2019-08-15

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The Bank of Neoxian shall loan the sum of 1000 usd to @news-today. He promises to repay 1150 usd in six months time.

The money amounts are in terms of USD, but are transacted in Steem, SBD, or other crypto. The website coinmarketcap.com shall be used to determine the prices for purposes of payment. The Steem-Engine exchange shall be used to determine the price of Steem Engine tokens.

The Bank retains the Steem account of @news-today and shall return it when this loan is complete.

@news-today shall hereafter be known as the lendee…
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.

In addition to @new-todays owner password, the following miner tokens are considered collateral:

8.5 Neoxagm (neoxag miners)
18 ccc miners
30 spaco miners

These miners are not to be unstaked or moved until the loan is complete. They are subject to seizure in the event the loan is not paid after six months.

In the event of a default, a penalty of 100 USD shall be accessed. At that point, any Steem, SBD, or above listed miners shall be sold until the loan + interest + penalty are paid. Any remaining assets shall be returned to the lendee.

Please sign below...


(pic from https://images.newschoolers.com)

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bank loan palnet neoxian
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20 comments
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I agree with the terms of this contract.

This is my 4th contract with Neoxian and I would like to use this opportunity to express my appreciation for both Neoxian and his worthy bank.

Professional, pleasant and trustworthy.

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Indeed worthy bank and we love this bank😍❤️ congrats on such a huge loan and superb deal

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Thank you Xawi, i know i have been very busy with my own things lately, but mark my words. There is a larger plan and it is all connected. ;-)

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I attest to the good intentions of my friend @news-today!

Gentlemen, bank of neoxian. Are there any instructions or steps to follow to request your services?

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Every deal is a worthy one with neoxian bank ;) congratulations

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Sorry, you don't have enough BEER in your account. You need 10 BEER in your virtual fridge to give some of your BEER to others. To view or trade BEER go to steem-engine.com

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YO, @neoxian 😎

Not looking for a loan, but I am very interested in your Steem-Engine Tokens. I saw a sliver if NEOXAG and when I read that it means Neoxian SILVER, I was totally intrigued! I can't find anything in your steempeak topics lineup, so I am asking for links to your post about this interesting coin 🥈🥈🥈

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Loan just paid back in full.

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Thank you, this is seen, please contact me in discord regarding the return of your key.

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