【正文】 f the following conditions: Party A has provided evidences plying with requirements of Party B。 Party A has pleted the loan applying and guaranteeing procedures。 Party A has pleted and signed the other procedures and the legal documents requested by Party B and with check and approval of Party B。(2) The trading object of Party A has no qualifications of effective noncash settlement method。 Penalty, pensation, reimbursement。 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。(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。(3) Sale of mortgage。 or (ii)The mortgager shall sign a new mortgage agreement with Party B as mortgagee on the subject of new premises. Party A shall provided new mortgage to Party B and admitted by Party B before the mortgaged premises are removed and the mortgage do not fulfill the registering procedures of newly mortgaged premises.(2) If the mortgaged premises are removed and remedied by the way of pensatory money, Party B has the following rights: (i) Party A discharges the debt in advance。 or(iii) The mortgager shall pledge the Certificate of Deposit of the pensatory money as the Pledge Guarantee of this contract.(3) Part A and party B shall negotiate the sequent matters about the removed premises if the removed premises are not remedied by the ways in (1), (2) mentioned above or other matters not mentioned in (1), (2). Pledge Guarantee The pledger voluntarily pledges the movable assets/rights in Pledges List Attachment B of this contract, and agrees to be restricted by this contract. The coowner of the pledges under this contract agrees on pledging and be restricted by this contract. Party B can exercise the pledge 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。(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。(3) Sale of pledges。 Party A breaches the contract, failing to repay the funds on due date or failing to pay funds in full。 Party A does not disburse the loan according to the stipulations in this Contract。 Within the period of the contract, in case that the mortgager disposes the property without approval of Party B, or action of the mortgager can decrease the value of guaranty, Party B is refused of restoring the property or provision of new guarantee. The guarantor provides false financial report or refuses the check and supervision of Party B on his financial status. The guarantor breaches the terms of this contract or loses the ability of guarantee, and Party A fails to provide the guarantee required by Party B. A refuses or embarrasses the supervision and check on the using situations of loan and mortgaged/guaranteed property. Within period of this contract, Party A suspends or revokes the insurance required by Party B.. actions from Party A or the guarantor that may influence repayment of loan to Party B. In the event of default, Party B has the right to take any one or a few measures below: Party A to redress defaults within a specified time。 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。 the guarantor to fulfill the guarantee liability。 either of the parties may go to law in the local People’s Court where Party B lives. Article 13 Taking Effect and Termination of Contract The contract shall go into effect after signed by Party A and responsible person or the authorized representative of Party B, and sealed with mon seal and special seal for contract. And it will be terminated on the day that the whole loan principal from the Party B under the contract has been paid off, including the principal, interests and relevant expenses. Article 14 Supplementary Provisions Any documentation related to this contract, including but not limited to, loan application documents, materials, certificates, etc. submitted to Party B from Party A, shall be parts under this contract. The coborrower is undertaking to pay off the joint and several liabilities of loan principal, interest and expenses under this contract. Any notifications, requests or other munications related to this contract, including but not limited to, telecopy, telegraph and fax, provided by Party B to Party A and his warrantors once be sent deemed as delivered to Party A and his warrantors.Article 15 Detailed Provisions The total a