[Loan Contract]

IGN:
@_Royal_Vulpes_

Users Involved in this Contract:
@_Royal_Vulpes_, @0TheRedHerring0

General Purpose of Contract:
The purpose of this contract is for the contract initiator to offer money to the user involved as a loan that is to be paid back in full and with interest.

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:
I, @_Royal_Vulpes_, agree to lend @0TheRedHerring0 $150,000ECD as a loan within 24 hours of this contract being accepted. This loan amount will then be transferred to @OtterInAOnesie as payment for @0TheRedHerring0 to have perms at Otter Farms. The loan is charged at a one-time 10% MPR(Monthly percentage rate). The total amount of $165,000ECD will be due by May 19th, 2020 (11:59 pm US Eastern Time). If I do not meet to the terms of this contract, the contracted will be nullified, and I will accept the punishments deemed necessary by the ECC Staff.

The other user(s) involved with this contract must agree to the following terms:
@0TheRedHerring0 requested the approved loan of $150,000ECD from @_Royal_Vulpes_ that will be given within 24 hours of this contract being accepted. This loan amount will then be transferred to @OtterInAOnesie as payment for @0TheRedHerring0 to have perms at Otter Farms. The loan is charged at a one-time 10% MPR(Monthly percentage rate). The total amount of $165,000ECD will be due by May 19th, 2020 (11:59 pm US Eastern Time). @0TheRedHerring0 must make at least payments of $41,250(there are 4 installments in the total of this amount) each week (Dates: April 28th, May 5th, 12th, and 19th). Payments must be made at trade chests located at the Austro-Aurora United Bank on the third floor(Left building at the East Gate[Andrew's Statue and the giant snipe chest] Spawntown, AAUB Ostenstadt Branch x:129 y:80 z:18) in Main Rising. If any payment is missed weekly, a late fee of $3,000 will be added to each missed payment. If the full payment is not received by the final due date, May 19th, 2020, a late fee of $10,000 will be added on. If the full payment is not received(including the late fees) by May 21st, 2020 (12:01 am US Eastern Time), it will result in @0TheRedHerring0 will be given a punishment deemed necessary by ECC Staff.

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 terms