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Mortgage repayment agreement
Model mortgage repayment agreement

Party A (creditor): _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Party B (debtor): _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

In order to maximize _ _ _ _ _ _ _ _ _ _ _ _

Article 1 Content of repayment

1. Repayment amount: RMB _ _ _ _ _ _ _.

2. Repayment period: from the date of signing this Agreement to _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _.

3. Interest rate: refers to the interest rate of _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _.

Article 2 Collateral

Party B will use _ _ _ _ _ _ _ _ _ _ _ as the repayment mortgage. Mortgage period: from the effective date of this agreement until Party B pays off all the money and interest of Party A related to this contract.

Article 3 Obligations of both parties

(I) Obligations of Party A:

1. Keep the collateral information handed over by Party A properly, and it shall not be lost or damaged.

2. After Party A pays off all the money stipulated in this agreement, all the collateral documents shall be handed over to Party A..

(II) Obligations of Party B:

1. Party B shall voluntarily repay the arrears and interest to Party A at the time agreed in this Agreement.

2. Party B shall deliver the ownership certificate of the collateral from the date of signing this agreement.

Article 4 Liability for breach of contract

If Party B fails to pay the arrears and interest to Party A under this contract due to its own responsibility, Party B shall bear the liability for breach of contract.

Article 5 This contract shall come into force after being witnessed by _ _ _ _ _ _ _ _.

This contract is made in sextuplicate, two for each party and two for witnesses.

Party A (official seal): _ _ _ _ Party B (official seal): _ _ _ _ _

Representative (signature): _ _ _ _ Representative (signature): _ _ _ _ _ _

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

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