Xxx (residence: xxxxxxxxx) b: xxx (residence: xxxxxxxx) c: xxx (residence: xxxxxxxx) a (residence: xxxxxxxx) transferred the right to use the xx acres of the small place name “xxx” to the development of the b for a period of 20 years on xxxx on xxxxx on xxxx. Agreements on the transfer of land use rights have also been concluded. This was signed on xx/xxx. However, because of the temporary inability of party b to continue performance, c has been asked to pay rents in advance and, in order to safeguard its interests, c has reached the following agreement after repeated consultations between the three parties: first, c has loaned cash to party b in the amount of $0. 300,000, which is to be given to party b as a lump sum of 20 years ' rent; and b has mortgaged management and development rights for the remaining 20 years of mount x to party c. In xxxx xx
By february xx, if b can repay the principal and interest of c, b will still have the right to manage and develop the mountain; if b cannot repay the principal and interest of c before xxxx xx, then 20 years of management and development of the mountain will automatically be transferred to c, and b will have to clear the site for management and development by xxxx xx xx, and the c will no longer charge interest and will automatically convert interest on b to a. 3. In order to prevent party b from paying the principal and interest of the c c before the date of xx of xxxx, and without automatically transferring to party c its 20-year management and development rights, party c reserves the right to pursue the breach of the b and party c also has the right to take action against party c. The right of a party to pursue a breach of contract against a party is automatically terminated if it is able to pay the principal and interest of the c by the date of xx/xxx or to transfer automatically to the c the management and development of the mountain area. 3. This agreement shall be in three forms, one each for each of the three parties, and the contract shall enter into force on the date on which it is signed. A: b: c: on the day of the xxth of the xxxx, your friend allowed me to insert background music for this e-mail - download and play
