【正文】
Dispose the guaranty under mortgage and/or pledge by law, to pay off the total loan and relevant interest。 (2) Auction of pledges。 fees, assessment fee, auction fee, law suit fee, allrisk fee, travel expense etc.). Mortgage Guarantee The mortgager voluntarily mortgages the property in Guaranty List the Attachment A of this contract, and agrees to be restricted by this contract. The coowner of the mortgaged property under this contract agrees to mortgage the property and be restricted by this contract. The mortgager shall plete the registration of mortgaged property based on laws and regulations. The mortgager shall take on the fees for the mortgaged property. The mortgager shall provide to the Party B the evidence documents and relevant materials of ownership of the guaranty, and the original of Mortgage Registration Certificate shall be kept by Party B. Party B can exercise the mortgage right in case one of following situations happens: (1) Party A fails to repay the due loan payable and/or other items payable based on this contract。 (2) Party breaches the contract, party B claims to take back the loan in advance, and Party B fails to be paid off or not fully paid off。 (3) Sale of pledges。 Require the guarantor to fulfill the guarantee liability。 Discontinue the release of the loan, and declare that the alreadyreleased loan under this contract is due in advance, requiring Party A pay off all due loan and relevant interest immediately。 (3) Should the value of pledges is decreased, and the pledger fails to provide guarantee required by Party B, Party B can exercise the pledge right in advance. Party B can select any one of the following ways to realize the pledge right: (1) Discount of pledges in agreement with pledger。 Expenses arising from realization of liability and guarantee right(including, but not limited to attorneys39。 (3) The mortgager breaches the contract by disposing the guaranty, or implements action enough to decrease the value of guaranty, and Party B is refused of restoring the guaranty to original value or providing guarantee, Party B can exercise the mortgage right in advance. Party B can select any one of the following ways to realize the mortgage right: (1) Discount of mortgage in agreement with mortgager。 (4) Other ways allowed by laws. When Party B and Party A change the contract(including, but not limited to, amount of loan, term of loan, interest rate, type of interest settlement, type of repayment, period of repayment, repayment amount for each period), there is no need to ask for approval of the pledger, and the pledger is still bear the responsibility of guarantee. The pledger shall provide to Party B the evidence certificates, after confirmation of Party B, and all certificates shall be kept by Party B. When Party A pays off the principal, interest and expenses for the whole loan under this contract, or the pledger pays off the guaranteed security instead of Party A, Party B shall return the pledges and relevant certificates to the pledger. Guarantee The guarantee form under this contract is joint liability assurance. The guarantee period is two years, from the day when the contract bees effective till the expiring day of liability fulfillment term under this contract. Within the term of loan, should the guarantor be declared bankrupt or be dissolved, or under insolvency to lose qualification of guarantee and ability, the guarantor should notify Party B in time, and Party should provide a new guarantee. Within the period of guarantee, when Party B and Party A change the contract (including, but not limited to, amount of loan, term of loan, interest rate, type of interest settlement, type of repayment, period of repayment, repayment amount for each period), the mortgager is no need to be notified if responsibility of guarantor is not increased accordingly, and the guarantor is still bear the responsibility of guarantee. All obligation of the guarantor under this contract is successive, and full binding force shall be put on his legal successor. Article 9 Miscellaneous Rights and Obligations Party A shall ensure the loan application data are plete, true, valid and legal, and cooperate with Party A to investigate, censor and check the data. At regular time or any time requested by Party B, Party A should provide the documents or certificates reflecting truly the financial status or ine of Party A. Within period of this contract, should any changes occur in pany, address