[Contract] Split Ownership of a Melon Sword

IGN:
@ZevZero

Users Involved in this Contract:
@GoatsRMyLife

General Purpose of Contract:
To ensure the safe sharing of a melon sword.

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:
@ZevZero agrees to use the 350k upfront payment from @GoatsRMyLife to pay off the final payments of the melon sword to @matrix_rep within 24 hours of receiving the payment. Once the ownership is passed to @ZevZero, he agrees to keep the melon sword at /warp edge in a locked chest (X: 5675, Y: 65, Z: -14404) modified to @GoatsRMyLife. He has permission to move the chest if needed, as long as @GoatsRMyLife is notified of the new coords and location of the chest.

@ZevZero agrees to place the melon sword back in the chest if he logs off, or is not using it. If @ZevZero breaks this rule to an extent, failing to return the melon sword when logging off multiple times, @GoatsRMyLife has the right to file a complaint.

@ZevZero has the right to continue using the sword if @GoatsRMyLife comes online, until it is put back in the chest.

@ZevZero agrees not to rent out the melon sword, unless @GoatsRMyLife gives him permission.

If @ZevZero breaks/loses the melon sword, he will owe @GoatsRMyLife 500k within a 4 week timeframe.

@ZevZero has the right to remove @GoatsRMyLife from the sword at any time, as long as @ZevZero refunds @GoatsRMyLife the full 500k, or he goes offline for over 30 days.

@ZevZero will have ownership over the melon sword, due to the fact that he purchased the sword for 1.1mil, and has paid the bigger half. However, @ZevZero is not allowed to take the sword from @GoatsRMyLife if he is using it, or rent out the tool without permission.

The other user(s) involved with this contract must agree to the following terms:
@GoatsRMyLife will pay @ZevZero 350k upfront (in-game) within 24 hours of this contract being approved, and an additional 150k within 2 weeks of receiving access to the melon sword. The sign for the 150k payment will be located at /warp edge (X: 5675, Y: 65, Z: -14404). Failure to make these payments will result in late fees of 25k/day for up to 2 days. After that, @ZevZero has the right to file a complaint.

@GoatsRMyLife agrees to place the melon sword back in the chest if he logs off, or is not using it. If @GoatsRMyLife breaks this rule to an extent, failing to return the melon sword when logging off multiple times, @ZevZero has the right to file a complaint.

@GoatsRMyLife has the right to continue using the sword if @ZevZero comes online, until it is put back in the chest.

@GoatsRMyLife agrees not to rent out the melon sword, unless @ZevZero gives him permission.

If @GoatsRMyLife breaks/loses the melon sword, he will owe @ZevZero 600k within a 4 week timeframe.

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, I agree to the above terms.