Sacred Sons thanks you for your trust and support in paving the future for our first home at Sacred Sons Sanctuary in Big Bear, California. Reviewing and signing this memorandum of understanding is the next step to becoming a Founding Member of Angelus Oaks Sanctuary.
This is a memorandum of understanding between Sacred Sons and Angelus Oaks Sanctuary (AOS) Founding Members that outlines the terms and conditions for a clear and successful binding agreement. Any addendums to this binding agreement cannot be made without mutual agreement between both parties.
Loan Agreement
Sacred Sons will be receiving loans from up to 20 individuals in the amount of $50,000 or more.
All loans will be exclusively used for the purpose of acquiring and outfitting Sacred Sons Sanctuary located at 43630 Rainbow Ln, Angelus Oaks, CA 92305. Sacred Sons withholds the right to apply the loan amount to another property should the deal not go through. Should Sacred Sons not acquire a property for purposes of a Sanctuary all loans will be returned.
The loan will be paid back in full without interest on or before 5 years from the closing date of the property sale. Sacred Sons reserves the right to pay back a portion or its entirely before 5 years from this date. The terms and conditions of this exchange apply should the loan be paid back before its final due date. Should there be a default on loan repayment to AOS Members, Sacred Sons will sell the property and return the loans to each member. This agreement will be updated with an exact date once the closing date happens as well as a co-signed official document.
Exchange All lenders will be provided access to the following in exchange for their loans through the 5 year period:
- Recognition as an AOS Founding Member by Sacred Sons in all ways possible.
- Sacred Sons will block off 4 calendar weeks of availability per year for AOS Members to stay at the Sanctuary and receive exclusive access to the property. During these 4 weeks (broken up over the course of the year) Sacred Sons core team and leadership will provide accommodations, meals, and opportunities to connect.
- There is no financial contribution from AOS Members to Sacred Sons for this exchange.
- The 4 weeks will be made available once the home is in Sacred Sons name and it is first come, first serve.
- Should there be room for men to extend their time beyond the designated 4 weeks access will be provided to do so, but meals are not included.
- This agreement ends after 5 years of this offering = to 20 total weeks of available dates to connect in brotherhood at AOS.
- Exclusive use of the property for individual interests i.e. host a retreat, visit with family, plan a party.
- Exclusive access to other Sacred Sons trainings in the form of discounts and room upgrades.
- Sacred Sons is not obligated to share any financial information with AOS Members about AOS and it´s operations.
Upon signing this agreement Sacred Sons will send an official co-signed agreement and wiring instructions to complete this agreement. Once the wired amount is received, written and visual proof of the loan being received will be sent to AOS Members. The below signature affirms that the AOS Members agree to all terms and conditions outlined above.
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