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LOAN AGREEMENT CONTRACT FOR TWO PARTIES
This is to certify the agreement made on this day (31/03/2018) between the loan lenders Mr. Dickson Robert. Of the contact Address: ( Brucklacherstr. 45, 72770 ) And the borrower. . Of this contact address below: ( South Africa )
The witness in which the both parties have agreed to all the terms and conditions governing this loan that was requested by . The borrower for the personal and trading in business used. INVESTMENT ONLY with the following terms and conditions with due respect to the section 21 of Decree of the united kingdom 1999 constitution which stipulates that all loan must be insured, You only towards and approval, sanction and transfer against the full loan amount to the borrowers account
LOAN TERMS AND REPAYMENT PLAN:
Loan Amount needed: $ 600.000 USD Loan Interest Rate: 3.% Loan Term: 9 years
Monthly Loan Payment: $ 6,346.16 Number of Payments: 108
Cumulative Payments: $ 685,385.80 Total Interest Paid: $ 85,385.80
Note: The monthly loan payment was calculated at 107 payments of $ 6,346.16 plus a final payment of $ 6,346.68
LENDER'S DECLARATION:
I Mr. Dickson Robert. The loan lender to the borrower . Do hereby take an oath of allegiance that I have read and agreed to all Terms and Conditions governing the loan. I solemnly pledge to be faithful loyal and honest and to Abstain from act of null and void during the tenure of the loan. And I will make sure that as soon as the borrower . Sign and return the loan agreement to me along with the Insurance Fee. The loan amount sum of $ 600.000 USD will be transfer in . Bank account or by Check within the next 48 hours.
BORROWER'S DECLARATION
I . The borrower of the loan amount sum of $ 600.000 USD in 9 years ) I do hereby agree to be in agreement with the following terms. 1). the loan terms and conditions. 2). Prompt payment of the loan. 3). Not involving in any form of fraud in this transaction. 4). I will be responsible for the insurance and approval charges which is the sum of $650 5). I the borrower will send a copy of the following, international passport/driver's License OR any ID card, The borrower have to sign the document if he/she agree with is and return it back to the loan lender as soon as is true with the agreement.
100% GUARANTEE:
This are notify the borrower that the Insurance fee is refundable. Wish means if the . Did not receive the loan in his bank account within the giving time of the bank and the loan lender. The insurance fee will be return back to . Bank account immediately.
BARRISTER: I Mr,Michael Bradley Barrister to the Lender. I hereby come into this agreement contract between Mr.Dickson Robert. A private loan lender from I U.S.A. And the borrower . I hereby make this guarantee to the borrower . That, as soon as he met up with the lender demands. The loan funds sum of $ 600.000 USD will be transfer and credited in his bank account. As listed on this agreement contract. The Lender agrees to provide the Borrower with a Loan under the terms of this agreement.
REPAYMENT: 1• Loan needs to be repaid in Monthly Instalments (EMI). Lender would notify the borrower about the amount of the instalment and each instalment payment due date.
2• Instalment amount would comprise of principal and interest which are payable in Monthly Instalments (EMI) as set out in the agreement.
3• Borrower would be required to pay any balance owing to the Lender (after payment of all instalments) on the final payment date as notified by the Lender.
4• Borrower would be required to pay the instalments, irrespective of whether he/she withdraws, or not, any of the Loan funds as deposited by the Lender in the nominated bank account of the borrower.
5 • If the Borrower does not pay the instalment on or before the relevant due date; outstanding Loan amount and all accrued interest would become immediately due and payable. Borrower would also be liable to pay the fee as set out in the insurance charges.
Without any obligation upon the Lender to do so, the Lender shall be entitled to allow the Borrower extended time to pay or grant any other indulgence to the Borrower without affecting any of the rights of the Lender in whole or in part. The Borrower may not assign any of its rights or obligations under this Agreement. The Lender may assign any of its rights, or transfer any of its rights or obligations by notation.
(in the case of the communications to the Borrower) to the registered office of the addressee (U.S.A) or (in any other case) to any address of the Borrower set out in any document which forms part of the Contract or such other address as shall be notified to the Lender by the Borrower. Governing Law and Jurisdiction the Agreement shall be governed by, construed and enforced in accordance with the law of U.S.A and Wales to the jurisdiction of which the parties hereto submit