Mortgage loan contract

Loan mortgagor: ____________

Legal representative: ________ Position: ____

Address: ________ Postal Code: ____ Phone: ____

Loan mortgagee: ____________

Legal representative: ________ Position: ____

Address: ________ Postal Code: ____ Phone: ____

Party A applies for a loan to Party B as a ____ fund due to production needs. The two parties have agreed by consensus that Party A will provide Party A with the agreed loan amount to Party A under the condition that Party A pledges all of its ____ as loan collateral to Party B. During the term of the loan, Party A has the right to use the collateral. Before Party A pays off the principal and interest of the loan, Party B owns the ownership of the collateral. To this end, this contract is specifically entered into:

Article 1 Loan content

1. The total amount of the loan: ____ yuan.

2. Use of the loan: This loan can only be used for the needs of ____, and should not be used for other purposes, and it is not allowed to use the loan for illegal activities.

3. Loan term:

Within the total amount of the above loans, the loan can be repaid in installments and credits. Therefore, the amount and duration of the loans for each period are separately agreed by the two parties. From the second period of the loan, there must be a new mortgage contract signed and sealed by both parties and the legal representatives of both parties, and one of them must be sent to the city of ____. Notarization of the notary office, as an integral part of this contract, has the same legal effect as this contract.

The term of the first loan is: ____ months, that is, from the ________________ date to the ____________________

4. Loan interest rate: The loan interest rate and interest-bearing method shall be implemented in accordance with the provisions of the Chinese ____ Bank.

5. Withdrawal of the loan:

Party A shall notify Party B ____ days in advance of each withdrawal and shall be approved by Party B's credit department for use.

The first loan was ____ times.

6. Loan repayment

Party A guarantees to repay the principal and interest on time and within the loan period stipulated in each contract. The source of funds for Party A's return of this loan is the company's production, operation and other income. If Party A requests the return of the loan from other sources, Party B's consent is required.

The last repayment date of the first loan is ____________________.

7. This contract will continue to be valid if Party B agrees that Party A will delay the repayment.

Article 2 Mortgage matters

1. Name of collateral: ________________________

2. Manufacturer: ________________________

3. Model: ________________________

4. Number of pieces: ________________________

5. Single piece: ________________________

6. Placement: ________________________

7. Total amount of collateral invoice: ________________________

8. Mortgage period: ____ years.

Article 3 Obligations of both Party A and Party B

Party B’s obligations:

1. The documents of the collateral deed to Party A shall be properly kept and shall not be lost or damaged.

2. After Party A has repaid the loan due, Party A will return all the deeds and documents of the collateral to Party A.

Party A’s obligations:

1. Proactive repayment of principal and interest in strict accordance with the time stipulated in the contract.

2. Ensure that the collateral is not affected by Party A's bankruptcy, asset division and transfer during the mortgage period. If Party B finds that Party A's collateral has violated the provisions of this article, Party B shall notify Party A to immediately correct or terminate the contract loan and recover All loans and principals that have been lent.

3. Party A shall use ____ as collateral reasonably and be responsible for the operation, maintenance, maintenance and related taxes of the collateral.

4. If Party A damages the collateral due to intention or negligence, Party B shall provide Party B with new collateral within 15 days. If Party A is unable to provide new collateral or guarantee, Party B shall have the right to reduce the loan amount or cancel this contract. To recover the principal and interest of the loan that has been lent.

5. Party A shall not rent, sell, transfer, re-collateralize or otherwise dispose of the collateral without the consent of Party B.

6. The collateral is insured by the insurance company ____, and Party B is the beneficiary of the insurance, and the insurance policy is handed over to Party B for safekeeping. The insurance premium shall be borne by Party A. If the insured collateral suffers losses due to force majeure, Party B has the right to recover the principal and interest of the loan that the mortgagor should repay from the compensation of the insurance company.

Article 4 Liability for breach of contract

1. If Party B fails to pay the loan according to the contract, it will cause economic losses to Party A, and Party B shall be responsible for the breach of contract.

2. If Party A fails to use the loan as stipulated in the loan contract, Party B has the right to withdraw some or all of the loan in advance, and the part of the misappropriation loan is subject to a ____% penalty interest rate based on the original loan interest rate.

3. If Party A fails to pay the interest on time, or has other breach of contract, Party B has the right to stop the loan and ask Party A to return the principal and interest of the loan in advance. Party B has the right to deduct from the account opened by Party A in any bank, and from the date of expiration, the interest on the overdue loan will be subject to a ____% interest rate on the borrowing rate.

4. If Party A fails to repay the interest on time, Party B may also apply to the people's court with jurisdiction to apply for the auction of collateral for the payment of the principal and interest of the loan. If there is insufficient compensation, Party B still has the right to recover from Party A. Until Party A pays off all the loan principal and interest of Party B.

Article 5 Other provisions

1. When one of the following circumstances occurs, Party B has the right to stop the loan and immediately or immediately withdraw the loan already issued.

Party A provides Party B with information, statements and various materials that are not true.

Party A has a lawsuit with a third party and is unable to repay the principal and interest of the loan to Party B.

Party A’s total assets are insufficient to cover its total liabilities.

Party A’s guarantor violates or loses the conditions specified in the contract.

2. Party B has the right to inspect and supervise the use of the loan. Party A shall provide Party B with relevant statements and materials.

3. If either Party A or Party B requests to change the contract or a clause in this contract, it must notify the other party in writing beforehand. The terms of this contract will remain valid until the parties reach an agreement.

4. The loan application, loan certificate, use and repayment plan and other written materials related to the contract provided by Party A shall be part of this contract and have the same legal effect as this contract.

Article 6 The expenses for this contract:

Party A is responsible for all costs related to the estimation, registration, and certification of the mortgage.

Article 7 Conditions for the entry into force of this contract:

This contract is a creditor's rights document that is notarized by the ____ City Notary Public Office and is legally enforced. If either party A or Party B fails to perform, the other party may directly administer the jurisdiction according to the provisions of Article 168 of the Civil Procedure Law. The right of the people's court applied for enforcement.

This contract shall take effect from the date of issuance of the notarial certificate, and the notary fee shall be borne by Party A.

Article 8 Settlement of disputes:

This contract complies with the laws and regulations of the People's Republic of China.

1. The dispute is resolved by negotiation between the two parties;

2. If the consultation fails, please ask the relevant department to mediate;

3. If the mediation fails, the lawsuit will be filed in the ____ People's Court.

This contract is made in triplicate. Party A and Party B each hold one copy, and the notary office keeps one copy.



Party A: ____________

Representative: ____________

Bank and account number: ________



Party B: ____________

Representative: ____________

Bank and account number: ________

Date of ____________________