Property mortgage

To the branch:

According to the loan contract signed by you in accordance with your company's _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ The term is from _____ ___ day to ____ ___ ___ day. For this purpose, this mortgage is specially set. This mortgage is unconditional and unrecoverable and is an integral part of the above loan contract.

First, the collateral

1. Mortgage name:
2. specification:
3. Quantity:
4. Book price:
5. Storage location:
6. Insurance coverage and amount:

Second, the mortgagor is the borrower's statement and guarantee

1. The loan collateral listed in the first paragraph of this mortgage is legally owned and actually exists.

2. The collateral provided has not been mortgaged or transferred to any third party and will not be mortgaged or transferred to any third party in the future. During the validity period of this mortgage, the mortgagor guarantees that the collateral is safe and complete, and agrees to accept your supervision and inspection at any time. If there is a shortage of collateral, the mortgagor will immediately be responsible for making up.

3. The collateral listed in the first paragraph above has been insured by the ____ branch of the ____ insurance company on ___________, and has completed the transfer of the rights of the first beneficiary of your actions.

Third, the handling of collateral

In the event of one or more of the following events, you have the right to dispose of the collateral in accordance with the prescribed procedures and methods, and to repay the principal, interest and expenses of the loan under this collateral with priority.

1. The statements and warranties made by the mortgagor in this mortgage are untrue or unfulfilled.
2. The mortgagor cannot repay the loan principal, interest and expenses as scheduled in accordance with the loan contract under this mortgage.
3. The mortgagor has other violations of the loan contract provisions under this mortgage or the provisions of this mortgage.

The mortgagor unconditionally waives the right of defense against the handling of the collateral in accordance with this mortgage and the loan contract under this mortgage to settle the loan principal, interest and expenses.

Fourth, the validity period

1. This mortgage is effective after the valid signature of the mortgagor.
2. This mortgage will continue to be valid until the loan principal and interest and expenses are fully settled under this mortgage.

Mortgage official seal
authorizer_______
Legal address ______ year, month and day

Property mortgage

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