Loan Contract

IGN:
Revanrose6

Users Involved in this Contract:
Miniducky007

General Purpose of Contract:
A safe lending of money

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 will loan $10,000 to Miniducky007 on Friday, August 30th, 2013.

The other user(s) involved with this contract must agree to the following terms:
In 5 days, September 4th, 2013, Miniducky007 will pay Revanrose6 $14,000. In the event this is not paid on time, Miniducky007 has up to 2 days more to pay me back. Each day it takes adds $3,000 to the loan cost. If the money is paid back on the 5th instead of the 4th it will be $17,000. If it is not paid back until the 6th the cost of repayment is $20,000. In the event that the money is not paid off as of 11:59pm PST on the 6th of September, then it will be considered a breach of contract and the final price owed is $20,000.

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

 

The proper format is:

You write your in game name on the first one and then "Yes" or "I agree" on the second one.

 

Example:

IGN:Miniducky007

I 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: Yes I agree