[Contract] Loan

IGN:
zr2002

Users Involved in this Contract:
@zr2002 @Mcguy65

General Purpose of Contract:
@Mcguy65 will be loaning @zr2002 $700,000 ECD in exchange for $875,000 ECD in 9 weeks.

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:
@zr2002 agrees to pay @Mcguy65 the following amounts on the following dates in exchange for a $700,000 loan.

12/27/17 - $100,000
1/3/18 - $100,000
1/10/18 - $100,000
1/17/18 - $100,000
1/24/18 - $100,000
1/31/18 - $100,000
2/7/18 - $100,000
2/14/18 - $100,000
2/21/18 - $75,000

If @zr2002 is late on any payments he will pay @Mcguy65 $15,000 per day late for 1 week - after this @Mcguy65 reserves the right to file a complaint.

The other user(s) involved with this contract must agree to the following terms:
@Mcguy65 agrees to pay @zr2002 $700,000 within 24 hours of this contracts approval.

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