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1. The Defendant’s KRW 100 million to the Plaintiff and the Plaintiff’s 15% per annum from May 15, 2018 to May 31, 2019.
Reasons
1. Basic facts
A. On October 26, 2016, the Defendant: (a) upon the Plaintiff’s request on the first-use loan of KRW 100 million from the Plaintiff (hereinafter “the first-use loan of this case”) the amount of interest shall be KRW 300,000 per month; and (b) the due date shall be determined until December 31, 2017; (c) the Defendant transferred its deposit and sales right to the Plaintiff if the payment of the said interest was overdue or the repayment was impossible on two or more occasions; (d) the Defendant set up the first-use deposit and sales right to the Plaintiff on the apartment in Busan-gu Busan-si, Busan-do, with the maximum debt amount of KRW 10,000,000,000 for the first-use loan of this case; and (e) the Defendant, upon the cancellation of the said first-use loan of KRW 100,000,000 for the first-use apartment and the second-use loan of KRW 20,000,000.
On the same day, at the request of the Plaintiff and the Defendant, a notary public from the Plaintiff and the Defendant: “The Defendant borrowed KRW 100,000 from the Plaintiff as of October 26, 2016, KRW 100,000 from the Plaintiff; however, on December 31, 2017, the terms and conditions were 24% per annum; and G is the Defendant’s instant case.