A. On September 11, 2012, the Plaintiff leased KRW 30,000,000 as automobile installment to the Korean Trade Co., Ltd. (hereinafter “Nonindicted Company”) for a period of 36 months, the repayment method was set at 13.82% per annum on the installment of principal and interest, interest interest rate rate rate rate rate rateing to 13.82% per annum, and delay damages rateing to 24% per annum.

The defendant jointly and severally guaranteed the above loan obligations.

B. The non-party company did not pay the principal and interest agreed to repay in installments and lost the benefit of time, and the plaintiff notified the defendant that the benefit of time was lost.

C. As of July 24, 2014, the principal of the loan is KRW 25,817,952, and the principal and interest of the loan is KRW 32,657,324 in total.

Therefore, the Defendant, who is a joint guarantor of the above loan, is obligated to pay to the Plaintiff damages for delay calculated by the rate of 24% per annum from July 25, 2014 to the date of full payment of principal amount of KRW 32,657,324 of the above loan and KRW 25,817,952 of the above loan.

2. Judgment by publication of the basis (Article 208 (3) 3 of the Civil Procedure Act).