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$600 FRONTED ADVANCE "Loan Back" DOCUMENT
Addendum “A”
Loan Agreement#: 118270722
Referral Agent#: 110436940
This "Addendum" made this Sep 18, 2013 1:01 AM to Loan Agreement 118270722,
     originally dated September 09, 2013,
                             between "Borrower"  TCN International Corporation
           and the "Lender" r n .RedCar.WS roney jr
 is hereby amended as follows;
 
Loan Agreement Number 118270722 shall be funded via funds advanced on Lenders
behalf by a third party Marketing Group.
 
Such advanced funds shall be re-paid to the third party at a rate of fifty percent (50%)
of all True Cash Diamond Club only commissions earned by Lender until such time as the
advanced amount of $600.00 has been re-paid in full.  "Accured Interest is not included.)

and Lender furthermore agrees that all such amounts shall be automatically withheld
from your True Cash Diamond Club  only 50% commissions by TCN International Corporation
on behalf of the third party Marketing Group.
All such withheld funds shall be directly credited to the Lenders advance account.
No demand for repayment of the Loan or withdrawal of Principal shall be permitted untill
such time as all advanced amounts have been repaId in full. (Accured Interest is excluded)

All other provisions and conditions of the original Loan Agreement remain the same except as adjusted herein.
In witness thereof, the parties have executed this Loan Agreement addendum this day and year last below written.
As to the Borrower: By:
George Foerst, President
TCN International Corp
Date: September 09, 2013

As to the Lender: By:
r n .RedCar.WS roney jr
Date & Time Stamp: Sep 18, 2013 1:01 AM

eSignature Authentication Number:
9DN8XAG6PfddwDM

---End of Document------------------------------------------------------------------------

 

LOAN BACK TO TCN AGREEMENT
Loan Number: 118270722 Referral ID Number: 110436940 $600.00 September 09, 2013
For value received, the undersigned TCN International Corporation
     the "Borrower",
who’s address is 2255 Glades Road, Suite 324, Boca Raton, FL 33431
promises to pay to the order of r n .RedCar.WS roney jr
    the "Lender",
who’s address is 124 tarpley st, burlington, NC,27215, United States
          collectively hereinafter referred to as the “Parties”,
the sum of $600.00 with interest on the unpaid principal at the rate of 50%
per annum, calculated yearly not in advance

This "Loan Agreement" shall commence on the date which the Borrower
receives and accepts cleared funds in the amount of $600.00, which date shall become
the effective loan “Funding Date”. Borrower shall provide Lender email notice of such
effective Funding Date. In consideration of the Lender loaning monies to the Borrower,
and the Borrower repaying the Loan to the Lender, both Parties agree to keep, perform
and fulfill the promises and conditions set out in the Loan Agreement.
I. TERMS OF REPAYMENT
A. Payments
-
Six (6) calendar months after the loan Funding Date, the Lender may demand repayment at any time with written notice,
which date shall become the “
Demand Date
”. Upon such written notice interest shall cease to accrue and all unpaid principal and accrued
interest shall become payable in full sixty (60) days from such Demand Date and will become the effective "
Due Date
".
B. Withdrawal of Principal
– Lender may withdraw all or part of Principal at any time six (6) calendar months after the loan Funding Date.
Request to withdraw Principal shall be settled sixty (60) days from such request.
C. Bonus Payment
- Borrower shall pay Lender a onetime “Bonus Payment” of $500.00 at such time the Due Date falls five (5) calendar
years after the Funding Date and no request for withdrawal of any Principal have been made.
II. PREPAYMENT
The Borrower reserves the right to prepay this Loan Agreement (in whole or in part) prior to the Due Date with no prepayment penalty. All
payments made shall be first applied to accrued interest, then to any outstanding principal amounts due.
III. COLLECTION COSTS
If any payment obligation under this Loan Agreement is not paid when due, the Borrower promises to pay all costs of collection, including
reasonable attorney fees, whether or not a lawsuit is commenced as part of the collection process.
IV. DEFAULT
If any of the following events of default occur, this Loan Agreement and any other obligations of the Borrower to the Lender, shall become
due immediately, without demand or notice: a.) the failure of the Borrower to pay the principal and any accrued interest in full on or before
the Due Date; b.) the filing of bankruptcy proceedings involving the Borrower as a debtor; c.) the application for the appointment of a
receiver for the Borrower; d.) the making of a general assignment for the benefit of the Borrower's creditors; e.) the insolvency of the
Borrower.
V. MISCELLANEOUS
All payments of principal and interest on this Loan Agreement shall be paid in the legal currency of the United States.
The Parties agree that all documentation with regards to this Loan Agreement exchanged between the Parties will carry the Loan Number
“119172140”
for the duration of the Loan Agreement. This Loan Number may not be altered unless agreed to, in writing, by both Parties.
This Loan Agreement contains the entire understanding among the Parties and supersedes any prior written or oral agreements between
them respecting the subject matter contained herein. There are no representations, agreements, arrangements, or understandings, oral or
written, between and among the Parties relating to the subject matter of this Loan Agreement that are not fully expressed herein.
No renewal or extension of this Loan Agreement, delay in enforcing any right of the Lender under this Loan Agreement, or assignment by
Lender of this Loan Agreement shall affect the liability or the obligations of the Borrower. All rights of the Lender under this Loan Agreement
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are cumulative and may be exercised concurrently or consecutively at the Lender's option.
The provisions of this Loan Agreement may be amended by agreement of the Parties. Any amendment of this Loan Agreement shall be in
writing, dated, and executed by the consenting Parties and attached to the Loan Agreement in Addendum. If any conflict arises between the
provisions of any amendment and the original Loan Agreement as previously amended, the most recent provisions shall control.
If any action at law or in equity, including an action for declaratory or injunctive relief, is brought to enforce or interpret the provisions of
this Loan Agreement prior to the Due Date, each party shall be responsible for its respective fees.
If any one or more of the provisions of this Loan Agreement are determined to be unenforceable, in whole or in part, for any reason, the
remaining provisions shall remain fully operative.
Any notice to be given hereunder by either party to the other shall be in writing and delivered by courier, certified mail, telefax or e-mail.
The Parties agree and acknowledge that such copies are legally acceptable as original documents in the absence of forgery.
This Loan Agreement shall be construed in accordance with the laws of the State of Florida.
This Loan Agreement may be executed by electronic signature and/or counterparts and when so executed by the Parties shall be a valid
and binding agreement upon both Parties. The Parties acknowledge and accept that one or both of them may not have known the identity
of the other at the time they executed this Loan Agreement and agree that this fact in no way affects the validity or enforceability of this
Loan Agreement, and further agree and covenant not to challenge its validity or enforceability on any such grounds.
IN WITNESS WHEREOF
, this Loan Agreement has been executed and delivered in the manner prescribed by law. The Parties hereto have
caused this Loan Agreement to be executed by their following signatures, as of the later date written next to the Lender or Borrowers
signature below.
As to the Borrower:
By:
George Foerst, President
TCN International Corp
Date: September 09, 2013
As to the Lender:
By:
r n .RedCar.WS roney jr
Date & Time Stamp: Sep 18, 2013 1:03 AM
eSignature Authentication Number:
hxfDK6BhThQwCx8
From IP Address:
75.94.77.248
---End of Document------------------------------------------------------------------------
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