Payment


PAYMENT PLAN AGREEMENT

I. THE PARTIES. This Payment Plan Agreement (“Agreement”), dated June 25 2025, is by and
between:

Lender: Richard Wayne, with a mailing address of
2505 Oak Park Dr, Denton, TX 76209 (“Lender”), and

Borrower: Yasmeen Ahmed, with a mailing address of
3300 Esters Rd, Apt 1028, Irving, TX 75062 (“Borrower”).

HEREINAFTER, the Borrower and Lender (“Parties”) agree to the following:

II. BALANCE. At the time of this Agreement, the Borrower owes the Lender the amount of $5,000.00.

III. REPAYMENT PLAN. To satisfy the Amount Owed, the Borrower agrees to repay the Lender
under the terms below.
a) Down Payment: The Borrower shall not be obligated to pay a down payment as part of this
Agreement.
b) Interest Rate: The Amount Owed shall not bear interest.
c) Repayment Period: The Borrower shall re-pay the Lender on the 1st of each month beginning and
ending until the full amount of $5000 has been reached.
d) Installments: Each payment due shall be in equal installments; although, advanced payments are allowed.
e) Payment Instructions: The following payment methods shall be accepted:
Venmo, CashApp, Zelle, cash, or work payment deduction.
f) After each payment is made an email outlining the new amount owed is to be emailed to borrower
g) Once the full amount of $5000 is reached the lender MUST transfer the title of the vehicle at the borrower expense
h) The total amount due on the due date of this contract is $560 plus the total amount of the tolls for the vehicle 
the lender must provide to the borrower proof of tolls
i) The purchase agreement is for a 2010 Toyota Prius hatchback with VIN NUMBER -- JTDKN3DU7A1168884

IV. LATE PAYMENT. Any partial or late payment under this Agreement shall be allowed in
accordance with the following:
The Borrower may make payment within three (3) days provided the Borrower pays a late fee of $100
(“Extension Period”). If payment is not made within the Extension Period, this Agreement shall be in
default.

V. DEFAULT. If for any reason the Borrower should not oblige to any section or portion of this
Agreement, the Borrower shall be considered in default. Under such an event, the remaining balance of
the Amount Owed shall be due within five (5) business days with the Borrower liable to pay all
reasonable attorney's fees and costs of collection of the Lender. In addition, the Lender may reclaim
any property or goods in connection with the Amount Owed, hold and dispose of the same, and collect
expenses, together with any deficiency due from the Borrower, subject to the Borrower’s right to
redeem said items pursuant to law.

VI. GOVERNING LAW. This Agreement shall be governed by, and construed in accordance with, the
laws of the State of Texas (“Governing Law”).

XII. SEVERABILITY. The unenforceability or invalidity of any clause in this Agreement shall not
have an impact on the enforceability or validity of any other clause. Any unenforceable or invalid
clause shall be regarded as removed from this Agreement to the extent of its unenforceability and
invalidity. Therefore, this Agreement shall be interpreted and enforced as if it did not contain the said
clause to the extent of its unenforceability and invalidity.

VIII. ENTIRE AGREEMENT. This Agreement contains all the terms agreed to by the Borrower and
Lender relating to its subject matter, including any attachments or addendums. This Agreement replaces
all previous discussions, understandings, and oral agreements.

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Signed by Richard Wayne
Signed On: June 25, 2025


Signature Certificate
Document name: Payment
lock iconUnique Document ID: cceee1a4c3c2f4ddc35be9e96667ed577d24984f
Timestamp Audit
June 25, 2025 9:17 pm CDTPayment Uploaded by Richard Wayne - pi@skyinvestigations.com IP 71.12.43.188