Chattel Mortgage Loan Agreement

Contract No.（合同编号）: _________________________
Place of Signing（签订地点）: ______________________
Date of Signing（签订日期）: ____ Year __ Month __ Day

Article 1 – Parties to the Contract

Party A (Lender / 贷款人): ___________________________
Unified Social Credit Code / Business License No.: _______________________
Registered Address: _________________________________
Contact Information: _________________________________

Party B (Borrower / 借款人): ___________________________
ID Card / Unified Social Credit Code: _______________________
Contact Address: _________________________________
Contact Information: _________________________________

Article 2 – Chattel Pledge Information

  1. Type and Name of Chattel: _________________________
  2. Quantity / Model / Serial Number: _________________________
  3. Valuation Amount: RMB ______ (or USD ______)
  4. Condition of Chattel and Accessories: _________________________
  5. Ownership: Party B owns the chattel, which is free of other pledges, mortgages, or disputes.

Article 3 – Loan Amount and Interest Rate

  1. Loan Amount: RMB ______ (or USD ______).
  2. Loan Interest Rate: ______% per annum (Fixed Rate / Floating Rate).
  3. Loan Term: ______ years / months, from ____ Year __ Month __ Day to ____ Year __ Month __ Day.

Article 4 – Loan Disbursement and Purpose

  1. Loan Disbursement: Party A shall directly transfer the loan amount to the account designated by Party B.
  2. Loan Purpose: Party B promises to use the loan for legal purposes and shall not divert funds for other uses.
  3. Party B shall provide supporting documents for the loan purpose.

Article 5 – Pledge Registration and Rights & Obligations

  1. Party B agrees to pledge the above chattel and shall register the pledge with the relevant authorities (if applicable).
  2. During the pledge period, Party B shall not transfer, lease, or re-pledge the chattel, and shall not change its use without Party A’s written consent.
  3. Costs for pledge registration and related fees shall be borne by Party B; Party A shall provide assistance.
  4. Party B shall properly maintain the chattel to ensure its integrity and value, and shall obtain appropriate insurance if necessary.

Article 6 – Repayment Method

  1. Party B shall repay the loan principal and interest as follows: □ Equal Principal & Interest □ Equal Principal □ Lump-sum repayment □ Other ______
  2. Repayment Date: the ____ day of each month (or other date agreed by both parties).
  3. Party B shall repay the loan principal and interest on time; overdue payments shall incur a penalty of ______% on the unpaid amount.

Article 7 – Early Repayment and Default

  1. Party B may repay the loan early with prior notice; Party A may charge an early repayment fee of ______ amount / ______%.
  2. In case of overdue payment or breach of pledge rules, Party A has the right to:
    1. Charge overdue penalties;
    2. Apply for judicial procedures to dispose of the pledged chattel to recover principal, interest, and related costs.
  3. If force majeure prevents Party B from repayment, both parties shall negotiate an adjusted repayment plan.

Article 8 – Insurance and Maintenance

  1. Party B shall insure the pledged chattel according to its nature and provide Party A with insurance certificates and payment proof.
  2. If the pledged chattel is damaged or lost during the loan term, Party B shall promptly notify Party A and repay the loan according to insurance compensation or actual value.

Article 9 – Dispute Resolution

  1. This contract is governed by the laws of the place of signing.
  2. Disputes arising during performance shall first be resolved through negotiation; if unsuccessful, disputes may be submitted to the local arbitration institution or court.

Article 10 – Other Provisions

  1. Matters not covered in this contract shall be agreed upon in a written supplementary agreement, which has the same legal effect as this contract.
  2. This contract is made in two copies, each party holding one, and takes effect upon signing and sealing.
  3. Both parties confirm that electronic or paper signatures are valid.

Signatures

Party A (Lender / 贷款人): ___________________ (Seal)
Date: ____ Year __ Month __ Day

Party B (Borrower / 借款人): ___________________ (Signature)
Date: ____ Year __ Month __ Day