A. Defendant Afluort Co., Ltd. (hereinafter “Defendant Company”) entered into an insurance contract with the Plaintiff on July 4, 2008 to deposit the guarantee insurance policy in lieu of cash, with the permission for conversion of the use of 27,324 square meters of land among the forest land 1-2, 1-106 forest land in Seongdong-do, Sungsung-gun, Sungwon-gun, Sungwon-gun, Sungwon-gun, and 254,703 square meters (hereinafter “ski book site”) among the forest land 1-104, 1-107 forest land and 27,324 square meters of land (hereinafter “parking lot site”).

(1) On July 4, 2008, the term of insurance is from July 4, 2008 to August 31, 2012; guarantee of deposit for restoration expenses due to conversion of the term of insurance; guarantee of permission for conversion of the term of insurance; guarantee of deposit for conversion of the term of insurance; and guarantee of permission for conversion of the term of insurance (terms: Articles 14, 15, and 38 of the Management of Mountainous Districts Act; Article 40 of the Enforcement Rule of the same Act; the term of authorization and permission from July 4, 2008 to August 31, 201; the date of authorization and permission: Ski book; the amount of authorization and permission: 326,260,000 won; the amount of guarantee insurance; the term of insurance period of permission for conversion of the term of insurance under Article 28 of the Management of Mountainous Districts Act; the amount of guarantee insurance for the term of insurance for the term of 0.7 years from July 4, 20111;