Loan Payment Plan

IGN:

@MayoMizak

Users Involved in this Contract:

@CoolManPlayzMc

General Purpose of Contract:

The organization of a loan from @MayoMizak to @CoolManPlayzMc .

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 purchase the Fly/Speed feature for @CoolManPlayzMc within 24 hours of the contract being approved.
  
• I will create a chestshop at X 7208 Y 74 Z -14887 in main as an alternative payback method.

The other user(s) involved with this contract must agree to the following terms:

• @CoolManPlayzMc will transfer 50,000 ECD to @MayoMizak immediately after the contract has been approved.
• @CoolManPlayzMc will transfer 92,500 ECD to @MayoMizak every Saturday (9/14, 9/21, 9/28, 10/5) until the total payment reaches 420,000 ECD. If a payment is missed or late, a fee of 7,500 ECD will be applied.
  
• 5,000 ECD of late fees will be applied for every day past the due date of 10/5.
  
• Late fees will cap after 7 days, at which point a complaint may be filed.

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.:

I agree.