This blockchain contract records a loan agreement between @eturnerx (loaner) and @thewritersblock (loanee) as represented by its officers @rhondak and @gmuxx.
- The loaner will pay 1600 STEEM to @thewritersblock
- The loanee agrees to repay 1760 STEEM to @eturnerx before 1 August 2019
- There is no repayment schedule. No individual repayment less than 20 STEEM
The loaner pledges to use the repayments in the following manner:
- 20% to purchase SBI / @steembasicincome shares for @thewritersblock from @eturnerx
- 30% into @msp-foundation for the benefit of @thewritersblock. Should @msp-f wind up the principle is the loaner's to keep but TWB will get the income from it in the meantime.
- 50% for the loanee.
(Total 100% of repayments)
All parties indicate their acceptance by signing "I agree" in a comment below.