1. As to the real estate stated in the attached list to the Plaintiff, the Defendant received on August 25, 201 from the Incheon District Court No. 83853.

1. The facts of recognition: (a) the Defendant was established for the purpose of running clothing manufacturing and wholesale retail business; (b) the Defendant operated the Defendant’s clothing chain store; (c) as to the real estate indicated in the separate sheet (hereinafter “instant real estate”) as indicated in the attached sheet (hereinafter “instant real estate”) by the Incheon District Court No. 83853 on August 25, 201, as to the obligor B, the mortgagee, the Defendant, the maximum debt amount of 30,000,000 won; (c) the Plaintiff’s establishment of the right to collateral security (hereinafter “instant right to collateral security”); and (d) the Plaintiff’s establishment of the Plaintiff’s right to collateral security (hereinafter “Plaintiff’s real estate”) as to the real estate under Article 123509 on December 27, 201 and the value of the Plaintiff’s real estate under Article 105 of the Civil Procedure Act, the Plaintiff’s right to collateral security (hereinafter “right to collateral security”); and (5) the Plaintiff’s establishment of the right to collateral security (2014) on December 30, 2014, 2001.

2. Determination

A. According to Articles 481 and 482(1) of the Civil Act, a person who has a legitimate interest in the repayment of the right to collateral security shall, as a matter of course, subrogate the obligee by performance, and a person who subrogates the obligee may exercise his/her claim and the right to collateral to the extent that he/she can be indemnified by his/her own right. In cases where a person who has pledged his/her property to secure another’s property to secure another’s property fails to repay the purchase-price obligation to the Defendant as a surety of collateral security, the Plaintiff made a substitute for the Defendant