The director makes a contract
Contract law is substantive because it deals with the substantive rights and obligations of parties to a contract (and others whose rights are affected by the contract). Procedure deals with the workings of the court; the form in which pleadings are to be drafted, evidence is received, etc.
You need to review the contract to determine what rights the lender reserved in that contract.
You need to review the contract that you signed to determine your rights and obligations under that particular contract. If you signed it already you should have it reviewed by an attorney. The best practice would be to have it reviewed by an attorney before you sign.
The concept of natural rights forms the foundation of social contract theory by positing that individuals possess inherent rights that precede and exist independently of any government. These rights, such as life, liberty, and property, are surrendered to a government through a social contract to secure protection and order in society. The social contract serves to protect and uphold these natural rights, providing a framework for a just and orderly society.
Jean-Jacques Rousseau argued in his work "The Social Contract" that the people and their ruler enter into a social contract where individuals agree to be governed in exchange for protection of their natural rights. This contract defines the rights and powers of both parties and emphasizes the idea of popular sovereignty.
If the fulfillment of the contract would violate fundamental rights, or to continue the contract would be detrimental to the health, life and or property of one of the participants of the contract.
create a state with just enough power to serve them.
Contract between parties
The rights of the English began with "Magna Carta" and the Common Law.
You need to read your contract in order to know what your rights and obligations are.
You need a lawyer to protect your rights.
Social contract