Ministry of Justice, Law and Human Rights in France

ADMISSION / 64952 / MJLDH / CD / AUT.GOV

DOUAI ON 09/20/2018
Law No. 90-032 of 11 December 1982 on the constitution of the Republic of
France
Letter no 048941729221896 / CCJ / SG / 1859574

CONTRACT OF LOANS OF MONEY BETWEEN

INDIVIDUALS
BETWEEN
Esthebane Gomez was born on 08/28/1966 and lives at the following address: 36 Rue de
France, 06000 Nice,
Hereinafter referred to as "the lender"

AND
Allan Herbert Lovatt was born 16.10.1948 and lives at Sea and Sun Hills BLK 5 APT 523
Hereinafter referred to as "the borrower"

ARTICLE 1: SUBJECT OF THE CONTRACT

The purpose of this contract is to formalize the loan of a sum of money from the lender to the
borrower and to specify the terms of repayment of this loan. This contract is concluded under
the usual conditions of credit law.
The signing of this contract represents a formal recognition by the borrower that the funds
have been released to him by the lender.
Thus, to date, the lender grants the borrower in the form of a loan, subject to the following
article 1892 of the Civil Code, the sum of €10,000

ARTICLE 2: REFUND POLICY

The loan to which this contract relates is presented by the lender to the borrower for review.
The parties have agreed to increase the amount bearing interest by 2% (hereinafter referred
to as “conventional interest rate”) and to undertake to reimburse the total amount of
€10,311.33 The borrower undertakes to pay the lender until the principal has fully reimbursed
the interest thus fixed up to the signing of this opposition. Interest is paid at the same time as
the principal.
The interest on the loan remains fixed
The borrower undertakes to repay the amount provided for in the principal obligation and the interest in 36
months at the monthly maturity of € 286.43 each.
The first installment will be on 10/28/2021
Payment of each installment is made monthly by the borrower, on the same day as the first installment
indicated above.
The borrower will not be able to repay his debt to the borrower before the contractual deadlines without
the express written consent of the lender.
Under article 1899 of the Civil Code, the lender will not be able to request the early repayment of the loan.
In the event of the death of the borrower before the reimbursement of the sum delivered, the heirs and
representatives of the latter are jointly and severally liable towards the lender for the obligations resulting
from this contract. The sums due by the borrower under this contract are due and payable immediately.
ARTICLE 3: NON-PERFORMANCE OF THE CONTRACT
3.1 Late payment penalties.
The delay in the repayment of the loans and in the continuation of the repayment schedule results in the
maturity of the legal interest rate and the successive increment of the fraction of the amount due at the
time of the remaining interest rate10 (ten) unpaid debt to be paid by the lender to the borrower by
registered letter with acknowledgment of receipt.
The conventional interest rate continues to apply without the legal interest rate being replaced at maturity
if the borrower has not yet repaid the full nominal amount and interest is due. The payment of the royalty
implies the accumulation of the conventional interest rate with the moratorium interest rate, in
compensation for non-compliance.
If all or part of the principal is deposited, the interest will continue to flow to the interest lender until the
investor is paid in full.
Accrued and unpaid interest will automatically accumulate each year and earn other interest at the usual
rate of interest which remains necessary for the investor on the day it is due for an entire year. The interest
declared may no longer be due when it is capitalized.
3.2 expiration of time limit
The substantial and interested amount will become payable by operation of law if it appears to the lender
15 days after the sending by the lender of a letter of formal notice which has not been followed and which
would relate to this clause any breach of the resulting obligation contract by the borrower, including the
use of the loan for any purpose other than that provided for in the contract
ARTICLE 4: LOAN INSURANCE
Creditor insurance provides protection for both the borrower and the lender.

At the first, it makes it possible to guard against the risk of no longer being able to repay the loan
maturities. Thus, in the event of death, illness, disability, incapacity for work, loss of employment, the
insurer takes charge of the capital remaining due to the lender, preventing the borrower from seizing his
property for honor its debt.

SIGNATURE:
For its part, the bank is guaranteed to recover the loaned capital, even
Doneifinthe insured
Paris cannot pay
on 07/20/2021 in 20the
copies
(Preceded by "Read and approved")
remaining installments. the insurance subscribed is costed at 544 € to be paid before benefiting from your

LENDER: BORROWER

Esthebane Gomez

Allan Herbert Lovatt