Writing Standard Of Loan Contract

Loan mortgagor (Party A)

Address: zip code:

Telephone:

Representatives:

Loan mortgaged (Party B)

Address: zip code:

Telephone:

Representative:

Party A applies to Party B for loan as capital for production needs.

With the consent of both parties, Party A shall provide the party with the agreed amount of loan to Party A under the conditions that Party A collateralized all of its mortgages and mortgages it to Party B.

During the term of the loan, Party A has the right to use the mortgage. Before Party A repaid the principal and interest of the loan, Party B owns the ownership of the mortgage.

For this purpose, the contract was concluded:

Article 1 loan contents

1. the total amount of loans is RMB yuan.

2. loan purposes: this loan can only be used for the needs of the company, not for other purposes, nor for the use of loans for illegal activities.

3. term of loan: in the total amount of the loan, the loan can be pferred to each other in installments.

Therefore, the amount and time limit of each loan should be agreed by both parties.

From the second phase of the loan, there must be a new mortgage contract signed and sealed by the legal representatives of both sides and the two sides. As a part of this contract, it has the same legal effect as this contract.

The term of the first phase loan is: one month, that is, from the year of January to the end of the year.

4. loan interest rate: the interest rate and interest bearing method of the loan shall be implemented in accordance with the provisions of the Bank of China.

5. the withdrawal of loans: whether each period of loan is extracted at one time or at a time, it is agreed by both parties that Party A should inform Party B in advance of each drawing, and it can be used by the Credit Department of Party B for examination and approval.

The first stage loan is extracted.

6. the repayment of loans is guaranteed by Party A on a regular basis.

The source of capital repayment of Party A's repayment is the company's production, operation and other income.

If Party A requests repayment of loans from other sources, it must be agreed by Party B.

The last repayment period of the first stage loan is the year month day.

7. the contract will continue to be effective when Party B agrees to postpone repayment.

Second collateral matters

1. the name of the mortgaged property:

2. manufacturers:

3. model:

4. pieces:

5. single:

6. place of placing:

7. the total amount of mortgage invoice is:.

8. mortgage period: or from: from the date when the loan contract comes into effect, until Party A repaid the principal and interest of Party B in connection with this contract.

Third obligations of Party A and B

(1) obligations of Party B:

1. Party A's certificate of mortgage should not be lost or damaged.

2. after Party A has paid off the loan, all the deed and certificate of the mortgaged property will be delivered to Party A.

(two) Party A's obligations:

1., we should pay the principal and interest in strict accordance with the time stipulated in the contract.

2. ensure that collateral is not affected by Party A's bankruptcy, assets division and pfer during the mortgage period.

If Party B discovers that the collateral of Party A violates the circumstances of this clause, Party B will notify Party A to rectify or terminate the loan immediately, and recover all the loan principal and interest that has been lent.

3. Party A shall use the mortgaged property reasonably and be responsible for the operation, maintenance, maintenance and related taxes of the mortgaged property.

4. Party A shall provide Party B with new collateral within 15 days due to intentional or negligence causing damage to the mortgaged property. If Party A fails to provide new collateral or guarantee, Party B shall have the right to reduce the loan amount accordingly, or to terminate this contract and recover the loan principal and interest that has been loaned.

5. Party A shall not lease, sell, pfer, remortgage or otherwise punish the mortgaged property without Party B's consent.

6. the collateral shall be insured by a People's Insurance Company of China branch. Party B shall be the insurance beneficiary and the insurance policy shall be kept to Party B. the insurance premium shall be borne by Party A.

If the insured collateral is damaged due to force majeure, Party B has the right to recover the principal and interest of the mortgagor that the mortgagor should repay from the compensation of the insurance company.

Fourth liability for breach of contract

1. Party B shall be liable for breach of contract if Party B fails to pay the loan in accordance with the contract due to its own liability and causes economic losses to Party A.

2. if Party A fails to use the loan in accordance with the loan contract, once it is discovered, Party B has the right to withdraw part or all of the loan ahead of schedule, and impose a penalty percent of interest on the part of the original loan interest rate on the part of the original loan interest.

3. if Party A fails to pay interest on time, or has other breach of contract, Party B has the right to stop the loan and ask Party A to repay the principal and interest in advance.

Party B has the right to withhold from the account opened by any party in any bank, and from the date of expiry, the interest on the late part of the loan will be increased by%% according to the borrowing interest rate.

4. if Party A fails to repay the interest on time, Party B may apply to the people's court having jurisdiction to apply for the auction of the mortgaged property for the purpose of compensating the principal and interest of the loan. If there is insufficient compensation, Party B shall still have the right to recover the claim from Party a.

Until Party A repaid the principal and interest of Party B.

Fifth other provisions

1. in case of any of the following circumstances, Party B has the right to stop issuing loans and recover the loans that have been made at once or at any time.

(1) Party A provides Party B with information, statements and materials which are not true.

(2) Party A and the third party have a lawsuit and have lost the case through the court ruling. After paying the compensation, they can not repay the principal and interest of the loan to Party B.

(3) the total assets of Party A are insufficient to compensate its total liabilities.

(4) the guarantor of Party A violates or loses the conditions stipulated 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 reports and information.

3. Party A or Party B must notify the other party in writing before changing the contract or a clause in this contract. The terms and conditions of this contract are still valid until the agreement is reached between the two parties.

4. Party A's loan application, loan voucher, payment and repayment plan and other written materials related to the contract shall be part of this contract and have the same legal effect as this contract.

Sixth, the cost of this contract shall be borne by Party A.

Seventh conditions for entry into force of this contract (entry into force)

The eighth dispute resolution shall be settled by negotiation between the two parties in case of dispute in the performance of the contract. When the negotiation fails, the parties agree to be arbitrated by the Suzhou Arbitration Commission.

There are three copies of this contract, one for each party, one for the notary office.

Party A: official seal

Signature: Signature

Party B: official seal

Signature: Signature

Specific date