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It's a big risk.
Even with all the legal paperwork and contracts. You can still get screwed.
Let's say she wants all your work down after some time. You fight it and tell her she's bound by her signature.
She then takes you to court and lets a judge decide. Who is the judge going to be in favor of? Some cute not-so-smart 18 - 21 year old or a pornographer?
If she has a decent lawyer. The judge might side with the model.
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