2.《抵押物清单》对抵押物价值的约定，并不作为贷款方依本合同对抵押物进行处分的估价依据，也不构成贷款方行使抵押权的任何限制。
The value of the Mortgaged properties stipulated in the shall neither be deemed as the price of sale nor as any limit on the Mortgagee‘s right， while the Lender exercises its right.
3. 抵押物的相关有效证明和资料由当事人确认封存后，由借款方交与贷款方保管，但法律法规另有规定的除外。
Subject to any the laws and regulations， any information and certifications in respect of the Mortgaged properties shall be handed over by the Borrower to the Lender after sealed.
4. 浮动抵押担保的范围为本金、利息、管理费、违约金、赔偿金以及实现债权所发生的一切费用，包括但不限于诉讼费、公证费、仲裁费、律师费、财产保全费、差旅费、执行费、评估费、拍卖费等。
The floating Mortgage hereof secures the principal， interests， management fees， compensation， and any other cost arising from the enforcement of the Lender‘s right pursuant to this Contract， including but without limitation court fee， cost for notarization， arbitration fee， attorney fee， fee for custody， traveling expense， compulsory execution fee， assessment fee and auction fee.
5. 借款方应自本合同签订之日起三十日内向有关部门办理本合同的审批、备案和登记等事宜，所产生的费用由借款方承担。
The Borrower shall apply for administrative approval， record-keeping and registration on its own fee in thirty days from the signing of this Contract.
6. 借款方应当合理使用和妥善保管抵押物，如抵押物的价值比本合同签订时的评估价减少15%以上的，借款方应当在三日内通知贷款方。贷款方有权要求借款方继续提供相应担保或者提前还款。
The Borrower shall use and keep the Mortgaged properties in a reasonable manner， in case the value of the Mortgaged properties have been reduced by 15% from the agreed value at the date of signing this Contract， the Borrower shall inform the Lender. The Lender is entitled to require the Borrower for appropriate securities or for repayment immediately.
7. 贷款方在借款方发生以下情形之一时，可以行使抵押权：
The Lender is entitled to exercise its Mortgagee‘s right， in the following cases：
（1）借款方违反本合同所约定的义务；
The Borrower is in default of its obligation hereof；
（2）经营情况严重恶化、减少注册资本；
The Borrower‘s business has seriously deteriorated or reduced the registered capital.
（3）借款方分立、合并； The Borrower is to be or has been pided or merged；
（4）借款方涉及重大纠纷诉讼，涉案标的30万元人民币以上；
The Borrower is involved in an important litigation or any other dispute of which the amount is above 300，000RMB.
（5）借款方破产、歇业、解散、被停业整顿、被吊销营业执照；
The borrower risks to bankruptcy or goes bankrupt， closes out， dissolves， has been asked to suspend business to raise standards or has its license revoked；
（6）借款方住所或法定代表人发生变更；
The business place or the legal representative has been changed；
（7）其他因借款方原因可能导致贷款方拥有抵押权无法实现的情形。
The Lender could not enforce the Mortgagee‘s right because of any other event due to the Borrower.
借款方发生或很可能发生以上情形之一的，贷款方书面通知借款方之日为浮动抵押财产确定之日。若借款方不签收通知回执的，贷款方有权按本合同第十四条所示方法通知，视为乙方已经收到。
If any case above said occurs or more than likely to occur， the floating Mortgage converts into being fixed Mortgage at the date of notice sent by the Lender. If the Borrower refuses to sign receipt， it is deemed to have received the notice sent by the Lender in according article 14.
第六条 陈述与保证Article 6 Presentations and Warranties
借款方在此陈述并保证以下事项属实，否则承担欺诈的法律责任：
The Borrower hereby presents and warrants all the following facts， otherwise it shall be liable for fraud.
1.借款方是本合同项下抵押财产完全的、有效的、合法的所有者；该抵押财产不存在权属方面的争议。
The Borrower has the entire， valid and legal ownership of the Mortgaged properties without any dispute or claim.
2. 本合同项下抵押财产不存在瑕疵。
No defect on the Mortgaged properties.
3. 本合同项下的抵押财产依法可以设定抵押，设立本合同的抵押不会受到任何限制。
The Mortgaged properties are legally available for Mortgage without any limitation.
4. 本合同项下的抵押财产未被依法查封、扣押。
The Mortgaged properties haven‘t been sealed or seized.
借款方在此保证在合同存续期间，未经贷款方书面同意，不从事以下行为：
Without the Lender‘s prior written consent， the Borrower hereby warrants that during the term of this Contract， it will not：
1. 对公司的利润进行分红；
Pay any pidend in respect of its profits to its shareholders；
2. 在一个财务季度内购买价值合计25，000美元以上的生产设备；
Not acquire an aggregate of more than US$25，000 worth of plant or equipment in a calendar quarter；
3. 对抵押财产再次设立抵押、质押或者出租、赠予抵押财产。
Remortgage， reMortgage， rent or give the Mortgaged properties to any other person；
第七条 经销Article 7 Distribution
借款方同意贷款方在本合同约定的条件下，在世界范围内销售借款方生产的喷砂和抛光研磨纤维石产品（“砂石产品”）
The Borrower agrees that the Lender may distribute the “spray-stone” and “super-stone” products （“Stone Products”） anywhere in the world and on whatever terms it sees fit for the term of this agreement.
在本合同订立之日至20xx年12月31日期间，借款方向贷款方出售砂石产品的价格不高于当次交易时最近三个月借款方出售砂石产品的最低价格。
The Borrower agrees that from the date of this agreement until 31 December 20xx it will sell the Stone Products to the Lender at a price no higher than the lowest price for which it sold the Stone Products in the immediately preceding 3 month period.
本条所赋予的经销权是非独家经销权。
The rights conferred by this clause are non-exclusive.
贷款方同意在20xx年12月31日前，不向借款方签订本合同时已有的顾客出售砂石产品。该客户名单以签订合同当天本合同双方书面确认的名单为准。
The Lender agrees that it will not prior to 31 December 20xx sell the Stone Products to any existing customer of the Borrower at the time of this agreement. Only those customers of the Borrower confirmed in writing by the Parties hereof at the time of this agreement have the binding effect.
第八条 监督检查Article 8 Supervision
贷款方和保证人有权检查贷款使用情况。检查时，借款方对调阅有关文件、账册和记账凭证，查核物资库存，生产情况以及其它与借款人的清偿能力有关的信息，必须给予方便。
The Lender and the Surety have the right to supervise the use of loan. The Borrower shall provide all kinds of facility to the Lender and Surety to check the relevant documents， accounting books， accounting vouchers， inventory， production and any other information relating to the solvency of the Borrower.
第九条 违约责任Article 9 Liability
1. 借款方不按合同规定的用途使用借款，贷款方有权提前收回全部贷款，对违约使用的部分，收取12%/年的利息。
1. As if the Borrower appropriates the loan from use stipulated herein， the Lender is entitled to get back the entire loan immediately and to claim for interests on the amount of loan appropriated at the rate of 12%/year.
2.借款方如逾期不还借款，贷款方有权追回借款，并按0.05%每天加收罚息。
As if the Borrower fails the repay the loan in time， the Lender is entitled to get back the entire loan immediately and to claim for delayed repayment interest at the rate of 0.05% per day.
第十条 法律适用Article 10 Governing Law
本借款合同的效力、履行、变更、终止和解释均适用 有关法律法规。
The validity，performance， modification， termination and interpretation of this Contract are governed by law.
第十一条 争议解决Article 11 Dispute Resolution
对本合同的效力、履行、变更、终止或解释发生争议，由当事人双方协商解决。协商不成，双方同意向有管辖权的人民法院起诉。
Any dispute arising from the validity，performance， modification，termination or interpretation of this Contract， may be settled by negotiation. If an agreement could not be reached， then both Parties agree to submit the dispute to the court which has the jurisdiction over the matter.
