1. The Defendant shall pay to the Plaintiff KRW 576,428,968 and the interest rate of KRW 15% per annum from November 22, 2018 to the date of full payment.

1. On August 21, 2015, the Plaintiff, while lending KRW 660 million to C, was provided as security the factory machinery, apparatus, land, and buildings of the incorporated agricultural company D D Co., Ltd.

On November 6, 2017, the actual representative of the Korea Agricultural Corporation D Co., Ltd., the Defendant agreed to grant debt approval and to repay the remaining debt amount of KRW 626,423,968 between the Plaintiff and the Defendant.

According to the above agreement, the Defendant is obligated to repay the remaining KRW 576,428,968 after deducting KRW 50 million paid at the time of the conclusion of the agreement to the Plaintiff in installments from December 30, 2017 to KRW 500,000 each 30th day of December, 2017, and if the installment repayment is not paid and three months have passed without paying the installment, the installment repayment agreement becomes null and void, and the amount of the debt and the interest accrued therefrom are to be paid in full.

However, the Defendant, on December 30, 2017, lost its interest by failing to pay all installment payments, including the initial installment payments, and thus making it difficult to pay the Plaintiff the amount of debt 576,428,968 won and damages for delay at the rate of 15% per annum under the Act on Special Cases Concerning Expedition, etc. of Legal Proceedings from December 22, 2018 following the delivery of a copy of the instant complaint to the date of full payment.

2. Article 208 (3) 3 of the Civil Procedure Act (Judgment by public notice) of the applicable provisions of Acts;