Contract [Loan]

IGN:

@Dodos1

Users Involved in this Contract:
@FazeAmerican @Dodos1

General Purpose of Contract:

A loan from myself @Dodos1 to @FazeAmerican

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 @Dodos1 agree to pay @FazeAmerican 125k within 24 hrs as a loan to do as he wishes with it,
I @Dodos1 will give @FazeAmerican 2 weeks from this date, November 25, 2015 to pay me back 160k. (December 9, 2015)
I @Dodos1 will tell @FazeAmerican 3 days before his loan is due.


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

@FazeAmerican must pay me back 160k by December 9, 2015
If @FazeAmerican is late, he must pay me, @Dodos1 back 5k/day for every day he is late for a week, by the end of which I, @Dodos1 will be forced to file a complaint.

Total amount payed: 160k
Total late fees possible: 35k

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