[Contract] 30k Loan to @DoomedTimelines

IGN:
@Whammerist5

Users Involved in this Contract:
@DoomedTimelines

General Purpose of Contract:
This contract is for a 30k loan which @DoomedTimelines will use to apply for Mayor.

I (the contract initiator) agree to the following terms, and agree that my failure to complete such terms will result in a breach of contract, as outlined in Rule 3:
Within 12 hours of this contract being approved, I will pay @DoomedTimelines $30,000.o0 ECD.
I will then set up a trade sign where @DoomedTimelines can pay $40,000.00 ECD in exchange for 1 dirt at /warp babylon.

The other user(s) involved with this contract must agree to the following terms:
@DoomedTimelines will be required to apply for Mayor within 24 hours of this contract being approved.
They will be be required to pay 40k to @Whammerist5 at the Trade Sign listed above within 2 weeks of this contract being approved.
If they fail to pay @Whammerist5 the 40k, they will need to add @Whammerist5 as owner to the town that is created in their Mayor application, and remove themselves as owner, at least 2 weeks and 3 days from when this contract is approved.

I agree that the terms in this contract are subject to all of EcoCityCraft's rules, including the rules listed specifically in this forum. I understand that the contract may be affected by future changes in EcoCityCraft rules and server updates, and I accept that due to the possibility of such changes, this contract may be at my own risk. I understand that the contents of this contract are subject to staff assessment, review and approval before it is a binding contract under EcoCityCraft rules. I accept that action may not be taken in case of a breach of contract if appropriate and sufficient evidence is not provided of such.:
Yes.

 

Note: I have edited the contract slightly, please read before resigning @DoomedTimelines