中国银行抵押合同英文翻译Word格式.docx

1、Business License No.: Legal Representative/ Principal:Domicile Address: ProvinceZip Code:Account Opening Financial Institutions and Account No.: Bank of China Group Investment Limited Sub-branchAccount No.:Telephone: Fax:Lender: Bank of China Group Investment Limited In order to guarantee the perfor

2、mance of the debt under the master contract mentioned in article 1 of this contract, the mortgagor voluntarily takes the property which has been included in the list of properties attached to the list of collateral as the mortgage guarantee for the creditors rights of the mortgagee. The parties ente

3、r into this contract through equal consultation. Unless otherwise agreed herein, the interpretation of terms herein shall be determined in accordance with the master contract.Article 1 Master ContractThe master contract of this contract is:Mortgagee and Co., Ltd. signed the Fixed Asset Loans Contrac

4、t which code is No. and its amended or supplemented.Article 2 Right of Principal Creditor Under the main contract of creditors rights constitute the principal claim of this contract, including the principal and interest （including statutory interest, compound interest, default interest, agreement）,

5、default fine, compensation for damage, and the cost of the creditors rights （including but not limited to court costs, attorney fees, notarization fees, execution, etc.）, was the guarantor for the debtor/（counter guarantee case, similarly hereinafter） breach of contract and causes losses to the mort

6、gagee and all other accrued expenses.Article 3 CollateralSee appendix “list of collateral” for details of the collateral.During the mortgage period, when the collateral is damaged, lost or expropriated, etc., the mortgagee may receive priority compensation for insurance, compensation or compensation

7、. If the period for the performance of the secured creditors rights is not expired, such insurance money, compensation or compensation may also be deposited.If the collateral is a house, the mortgagor shall timely notify the mortgagee when he knows the information of the house to be demolished. Hous

8、es to be demolished during the period of mortgage, such as mortgages for houses demolished using compensation in the form of property right exchange, the mortgagor shall, in accordance with requirements of the mortgagee and the debtor, the mortgagee shall negotiate the debts, or in accordance with t

9、he requirements for the mortgagee to property rights exchange houses or other mortgages resetting mortgage and sign a new mortgage agreement, after the original mortgage property loss and the new mortgage registration has not been dealt with before, the mortgagor shall, in accordance with requiremen

10、ts of the mortgagee and have secured party provide guarantee conditions. If the house is compensated in the form of compensation, the mortgagee shall have the right to receive priority compensation for such compensation, or require the mortgagor to continue to use the compensation as security proper

11、ty by opening a special deposit account or deposit certificate, and sign the corresponding deposit pledge agreement or deposit certificate.Article 4 Mortgage RegistrationMortgage registration is required according to law. Within 15 days after signing this contract, the mortgagor and the mortgagee sh

12、all go to the relevant registration department to handle the mortgage registration procedures.Mortgage register item occurrence change, need to carry on change to register according to the law, guarantor and hypothec person should be in the day that register item change 10 days go up to deal with ch

13、ange to register a branch to register.Article 5 Possession and Custody of CollateralThe collateral hereunder shall be owned and kept by the mortgagor, but the ownership certificate of the collateral shall be kept by the mortgagee. The mortgagor agrees to accept and effectively cooperate with the ins

14、pection of the collateral by the mortgagee and its designated institutions and individuals at any time.The mortgagor shall properly keep, maintain and maintain the collateral and take effective measures to guarantee the safety and integrity of the collateral. If the collateral needs to be repaired,

15、the mortgagor shall timely carry out and bear the corresponding expenses.Without the written consent of the mortgagee, the mortgagor shall not transfer, lease or lend the collateral in whole or in part, make capital contribution in the form of physical objects, transform, rebuild or dispose of the c

16、ollateral in any other manner; If the mortgagee agrees in writing, the proceeds from the disposal of the collateral shall be used to pay off the creditors rights in advance or to put in deposit with a third party designated by the mortgagee.Article 6 Disposal of Reduced Value of CollateralWhere the

17、mortgagors act is sufficient to reduce the value of the collateral before the principal claims under this contract have been fully paid off, the mortgagee shall have the right to demand that the mortgagor cease the behavior. Where the value of the mortgaged property is reduced, the mortgagee has the

18、 right to require the mortgagor to restore the value of the collateral, or to provide other guarantees equivalent to the reduced value and recognized as the mortgagee. If the mortgagor does not restore the value of the mortgaged property and does not provide a guarantee, the mortgagee has the right

19、to require the debtor to pay off the debt in advance. If the debtor fails to perform the debt as required, the mortgagee has the right to exercise the mortgage.If the loss or decrease in value of the collateral is caused by natural disaster, accident, infringement or other reasons, the mortgagor sha

20、ll immediately take measures to prevent further expansion of the loss and immediately notify the mortgagor in writing.Article 7 FruitsThe debtor fails to perform due debts, or other circumstances of the implementation of this contract agreement hypothec, causing the mortgaged property is held in the

21、 peoples court in accordance with the law, from the date of seizure, the mortgagee has the right to collect the natural fruits of the mortgaged property or legal fruits, but the mortgagee fails to notify the person who has the obligation to pay legal fruits.The fruits specified in the preceding para

22、graph shall first be used to cover the expenses for collecting fruits.Article 8 Insurance of Collateral （This is an optional article. Choose 1 of the following item: 1. Applicable 2. Not applicable）The amount insured shall not be less than the assessed value of the collateral. The contents of the po

23、licy shall conform to the requirements of the mortgagee and shall not be subject to restrictive conditions which are harmful to the rights and interests of the mortgagee.The mortgagor shall not interrupt, terminate, amend or alter the policy for any reason, and shall take all reasonable and necessar

24、y measures to ensure that the insurance provided for in this article remains valid, until the principal claims under this contract have been fully paid off. If the mortgagor fails to take out insurance or violates the aforementioned agreement, the mortgagee shall have the right to decide to take out

25、 insurance or continue to take out insurance for the collateral, and the insurance expenses shall be borne by the mortgagor, and may be included in the scope of the principal claim together with the losses that may thus be caused to the mortgagee.Within 15 days after the signing of this contract, th

26、e mortgagor shall submit the original insurance policy of the collateral to the mortgagee and transfer the right of claim for insurance benefits due to the occurrence of the insurance event to the mortgagee. The original insurance policy shall be held by the mortgagee until the contract is fully pai

27、d.Article 9 Occurrence of Guarantee LiabilityIf the debtor/guarantor fails to pay off the mortgagee as agreed upon on any normal or early repayment day, the mortgagee shall have the right to exercise the mortgage according to law and as agreed herein.The date of normal payment referred to in the pre

28、ceding paragraph shall be the date of principal repayment, interest payment or the date on which the debtor/guarantor shall make any payment to the mortgagee pursuant to the provisions of such contract. The date of advance payment referred to in the preceding paragraph shall be the date on which the

29、 debtor/guarantor agrees to advance payment and the date on which the mortgagee requests the debtor/guarantor to recover the principal and interest of the claim/or any other payment pursuant to the contract or other provisions.Article 10 Period Mortgage Exercise The mortgagee shall exercise the mort

30、gage right within the limitation period of the main claim action after the occurrence of the reguarantee responsibility.If the principal claim is paid in installments, the mortgagee shall exercise the right of mortgage before the expiration of the limitation period of action based on the last term o

31、f the claim.Article 11 Realization of MortgageAfter guarantee liability occurs, the mortgagee has the right to enter into an agreement with the mortgagor to discount or auction the collateral, and the proceeds from the sale of the collateral are preferred to repay the principal creditors rights. If

32、no agreement is reached, the mortgagee shall have the right to request the peoples court to sell the collateral according to law.The proceeds from the disposal of the collateral shall be used to pay off the principal claims after the priority is given to the disposal expenses of the collateral and the expenses payable to the mortgagee hereunder by the mortgagor.Lord debt outside this contract