Repayment agreement

Party A:

Address Postcode:

phone:

Party B:

Address Postcode:

phone:

In order to make ___________, the two sides have negotiated on relevant matters as follows through friendly consultations:

The first repayment content

1. Repayment amount: RMB.

2. Repayment period: From the date of signing this agreement, Party B will pay off before the date of the year.

3. Interest rate: Execution according to the interest rate, specifically: _____.

Article 2 Collateral

Party B will act as collateral for repayment. Mortgage Term: From the date of entry into force of this Agreement until Party B repays all the funds and interest rates related to this contract.

Article 3 Obligations of both Party A and Party B

Party A’s obligations:

1. The documents submitted to Party A by the Party shall be properly kept and shall not be lost or damaged.

2. After Party A has paid off all the payments stipulated in this Agreement, Party A shall hand over the documents of the collateral to Party A.

Party B’s obligations:

1. Proactively repay the arrears and interest rates of Party A in accordance with the time specified in this Agreement.

2. Party B shall issue the certificate of ownership of the collateral from the date of signing the agreement.

Article 4 Liability for breach of contract If Party B fails to pay Party A's arrears and interest due to its own obligations, Party B shall be responsible for breach of contract.

Article 7 This contract shall become effective after being witnessed by ___________.

This contract is in six copies, two for each of Party A and Party B, and two for the witness unit.

Party A:

Representative:

Party B:

Representative:

Signing date:

Witness unit::

Repayment agreement

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