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Mortgage contract


Mortgagor

Address Postcode:

phone:

Representative:

mortgagee

Address Postcode:

phone:

Representative:

Party A and Party B work together to promote development, satisfy interests, clarify responsibilities, and in accordance with the relevant provisions of the relevant laws of the People's Republic of China, in accordance with the principle of honesty and mutual benefit, combined with the actual conditions of both parties, and sign this contract in order to jointly abide by :

Article 1 The property used by Party A as collateral is a list of mortgaged property;

Article 2 The mortgaged property under this contract is jointly priced at RMB, and the mortgage rate is 100%. The actual mortgage amount is RMB.

Article 3 The custodian and custodian responsibility of the mortgaged property are as follows:

1. After the two parties in the mortgaged property are sealed, Party A shall keep it on its own; the mortgaged property shall be kept by Party A, and Party A shall properly keep the mortgaged property, and shall be repaired, maintained and guaranteed intact during the mortgage period. Responsibility, and accept the inspection of Party B at any time.

2. The mortgaged property shall be handed over to Party B for safekeeping. Party B shall collect the custodial fee of Yuanzheng from Party A at one time. Party B shall properly keep the mortgaged property and shall not use the mortgaged property.

Article 4 Party A shall, in accordance with the requirements of Party B, handle property insurance in the mortgaged property and submit the insurance policy to Party B for storage. The term of insurance coverage shall be longer than the term of the loan agreed in the main contract. If the loan is extended under the main contract, Party A shall go through the formalities of extending the insurance period. If the insurance property is damaged, Party B shall have the right to withdraw the loan from the insurance compensation.

Article 5 When Party A's securities used as collateral are processed during the mortgage period, Party A and Party B agree as follows:

Article 6 During the term of this contract, Party A shall not sell or donate the mortgaged property; if Party A relocates, leases, transfers, re-mortes or otherwise transfers the mortgaged property under this contract, Party B shall obtain the written consent of Party B.

Article 7 The costs of notarization, insurance, appraisal, registration, transportation and custody under this contract shall be borne by Party A.

Article 8 After the commencement of this contract, if it is necessary to extend the term of the loan under the main contract or change other terms of the contract, the mortgagor shall agree and reach a written agreement.

Article 9 In the period of validity of this contract, if Party A is divided or merged, the changed organization shall bear or separately assume the obligations under this contract. Party A is declared dissolved or bankrupt, and Party B has the right to dispose of its mortgage property in advance.

Article 10 When one of the following circumstances occurs, Party B has the right to dispose of the mortgaged property according to law:

1. The repayment period agreed upon in the main contract has arrived, and the borrower has not returned the principal and interest according to the contract or the time limit has expired and the principal and interest of the loan cannot be returned.

2. The borrower dies without the heirs performing the contract, or the heirs renounce the inheritance.

Third, the borrower was declared dissolved and bankrupt.

If the proceeds from the processing of the collateral are insufficient to repay the principal and interest of the loan, Party B shall have the right to pursue it separately; if the price repays the principal and interest of the loan, Party B shall return it to Party A.

Article 11 Restoration of Mortgage: If the main contract borrower repays the principal and interest of the loan or repays the principal and interest of the loan in advance according to the contract, the mortgage shall be automatically restored. Party A's property and property insurance policy kept by Party B shall be returned to Party A.

Article 12 After the contract is in force, neither Party A nor Party B may change or cancel the contract without authorization. In the event of a change or cancellation of the contract, a written agreement shall be reached by mutual agreement. The terms of this contract remain in force until the agreement is reached.

Article 13 Liability for breach of contract

1. In accordance with the provisions of Paragraph 1 of Article 3 of this contract, the mortgaged property held by Party A shall be damaged due to improper storage, and Party B shall be required to restore the original state of the property or provide new mortgaged property approved by Party B, or in advance. Recover the principal and interest of the loan under the main contract.

2. In accordance with the provisions of Paragraph 2 of Article 3 of this contract, the mortgaged property held by Party B shall be damaged due to improper storage. Party A shall require Party B to restore the original state of the mortgaged property; or Party B shall be required to compensate for the losses suffered thereby.

3. Party A violates the agreement of Article 4 of this contract; Party B may stop issuing loans under the main contract or recover the principal and interest of the loan in advance according to the situation.

4. If Party A violates Article 5 and disposes of the mortgaged property without authorization, its behavior shall be invalid. Party B may request Party A to restore the original state of the mortgaged property or recover the principal and interest of the loan under the main contract in advance, and may request Party A to pay the liquidated damages of the loan principal and interest.

5. Party A shall compensate the Party for causing economic losses to Party B due to concealment of the existence, dispute, seizure, seizure or mortgage of the mortgaged property.

6. Party A and Party B shall, in violation of Article 12, pay the other party a penalty of a total of ten thousand of the total amount of the loan under the main contract.

7. During the term of this contract, Party A may terminate this contract without the consent of the mortgagor, change the terms of the main contract or transfer the obligations under the main contract, and require Party B to return the collateral held by Party B.

8. The payment method for liquidated damages listed in this Article shall be agreed by Party A and Party B as follows: Article 14 Other matters agreed upon by the parties: Article 15 Settlement of disputes: The disputes between Party A and Party B in the performance of this contract, It is resolved by mutual agreement or through mediation. If consultation or mediation fails, it may be brought to the people's court.

Article 16 This contract shall be signed by the legal representative of Party A and Party B or the agent authorized by the legal representative and affixed with the official seal of the unit. The contract shall take effect from the effective date of the contract. It will automatically become invalid when the principal and interest of the loan are fully repaid under the main contract.

Article 17 This contract is divided into two parts, one for each of Party A and Party B.

Attached: a list of mortgaged property and a valid certificate of property.

Party A:

Representative: Signature

Party B:

Representative: Signature

year month day

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