A. On April 30, 2010, the Defendant issued a credit transaction agreement (Evidence 1; hereinafter “the instant credit transaction agreement”) to the Il Savings Bank Co., Ltd. (Seoul Mutual Savings Bank Co., Ltd.: hereinafter “Seoul Savings Bank”). The Defendant stated “A” as “A” in the “debtor” and “Pledger” as “to receive and explain the core manual and explanation,” and “the principal and joint guarantor (or the pledger) clearly received copies of the instant agreement and received and understood the main contents of the agreement.” The Defendant stated “A” and “B” on each “B” and “Pledge” and “B” on each “B” and “B” name, and written “A” and “B” in the lower part “B” as “B” and “B” number Handphone number, the Defendant’s Hand phone number.

Each of the above is the seal of the defendant on the side of the defendant's name.

B. Under the instant credit transaction agreement, the credit limit amount is KRW 3.7 billion, account number is KRW C (hereinafter “the instant credit account”), April 30, 2010 for the credit period expiration date, April 30, 201, interest rate is 11% per annum until the expiration date of the credit period, interest rate is 30% per annum for the payment of interest, 23% per annum for less than one month, 24% per annum for less than three months, and 25% per annum for more than three months.

C. Article 2 of the Credit Transaction Agreement provides for the following:

Article 2 (Compensation for Delay) (1) When the principal and interest on interest installment, installment repayment, and installment repayment are not paid on the fixed date, I shall promptly pay the amount to be paid, and shall pay the compensation for delay.

(2) Where a mutual savings bank fails to repay its debts on the expiration date of credit or loses the benefit of time under Article 7 of the Basic Terms and Conditions for Credit Transactions, the occurrence of a debt for redemption of discounted bills under Article 9 of the Basic Terms and Conditions for Credit Transactions shall be incurred.