Mortgage Of Property

To the branch: according to the loan contract signed with you by our company on the date of your year, you will agree to pay the total amount of the loan to our company on the basis of your own property. The annual interest rate is 0%, the term of the loan is from the year to the end of the month.

This hypothecation is an integral part of the above loan contract, which is unconditional and irrevocable.

1. Collateral (with detailed mortgage list and mortgagee's ownership certificate) 1. the name of the mortgaged property: 2. specifications: 3.: 4.: Book Price: 5. place of storage: 6. insurance coverage and amount: two, mortgagee, borrower's statement and guarantee that the mortgaged property is mortgaged and mortgaged as collateral.

2. the collateral provided has not been mortgaged or pferred to any third party, nor will it be mortgaged or pferred to any third party in the future during the validity period of this mortgage.

During the validity period of this mortgage, the mortgagor guarantees the safety and integrity of the collateral, and agrees to accept the supervision and inspection of your bank at any time.

If there is a shortage of mortgages, the mortgagor will immediately be responsible for complementation.

3. the collateral listed in the first paragraph has been covered by the insurance company's branches on the date of the year, and has been pferred to the first beneficiary of your action.

Three. When handling one or more of the following events, you shall have the right to deal with the mortgages in accordance with the prescribed procedures and ways, and the proceeds will give priority to the repayment of principal and interest and expenses of your bank under this mortgage.

1. the declaration and warranty made by the mortgagor in this hypothecation is untrue or unfulfilled.

2. the mortgagor can not repay the principal, interest and expenses of the loan as scheduled on the basis of the loan contract under this mortgage.

3. the mortgagor has other violations of the provisions of this mortgage contract or the provisions of this mortgage.

The mortgagor has no obligation to give up the right of defense when handling the mortgage according to the mortgage contract and the mortgage contract.

Four. The valid period of 1. mortgages shall come into force after the valid signature of the mortgagor.

2. the mortgage book will remain valid until the full amount of the principal and interest and expenses of the mortgage are discharged.

The mortgagee (i.e. the borrower), the official seal, the legal address.