Automobile mortgage Contract \x0d\x0d\ Mortgagor:, hereinafter referred to as Party A \x0d\ Mortgagee:, hereinafter referred to as Party B \ x0d \ x0d \ Party A borrows money from Party B with its own vehicle as collateral due to the business needs of the company, and through negotiation with Party B, this mortgage contract is hereby concluded .. \ x0d \ Article 1 Name and quantity of collateral. \x0d\ Name:, car number is engine number is:. The above-mentioned mortgaged vehicles are owned by Party A. \x0d\ Article 2 Term and amount of mortgage. \x0d\ The mortgage term is months, starting from the date of month to the date of month. \x0d\ The mortgage amount is RMB Yuan only \x0d\ Article 3 Description of mortgage, temporary custody and insurance \x0d\ 1. Inventory: Within one day after the Contract comes into effect, Party A and Party B shall jointly inventory the quantity and quality of mortgaged property and make a mortgage list. After verification, both parties shall sign the mortgage statement and press the handprint. \x0d\2。 Temporary storage: Party B is responsible for the temporary storage of the collateral, and all storage and insurance management expenses shall be borne by Party A. \x0d\ Article 4 Obligations of both parties and liabilities for breach of contract \x0d\ 1. Party A guarantees that it is the legal owner of the mortgaged property. If there is any dispute over the ownership of the mortgaged property in the future, which causes losses to Party B, Party A shall be responsible for compensation. \x0d\2。 After signing this contract, Party A shall hand over all original documents and bills related to the collateral to Party B. \x0d\3. Party B shall take good care of the collateral and shall not lose or damage it. \x0d\ Article 5 Disposal of Collateral \x0d\ When this contract expires, if Party A fails to pay off the principal and interest in arrears, Party B has the right to apply to XX People's Court for disposing of the collateral, and has the right to transfer, sell, remortgage or otherwise dispose of the collateral. \x0d\ Article 6 Others \x0d\ 1. When Party A's mortgage term expires, it is required to extend the mortgage term due to practical difficulties, but it is still unable to pay off the loan principal and interest as scheduled. Upon Party A's written application and Party B's approval, the mortgage term may be extended and a supplementary agreement shall be signed as an annex to the Contract. \x0d\2。 For matters not covered in this contract, Party A and Party B may negotiate separately and sign a supplementary agreement. The supplementary agreement has the same effect as this contract. If either party fails to perform the contract, the other party may apply to the XX People's Court for enforcement according to the provisions of Article 186 of the Civil Procedure Law. \x0d\3。 The original of this contract is in duplicate, with each party holding one copy. \x0d\ Mortgagor: Mortgagee: Date of conclusion.