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1. The defendant filed a registration with the Daejeon District Court on the share of 496/992, out of the area of 992 square meters of D forest land in Seosan-si, Seosan-si.
Reasons
1. In full view of the contents of evidence No. 1 and the purport of the whole pleadings by the defendant, after lending KRW 70 million to E under the plaintiff's joint and several sureties, the defendant concluded a mortgage contract with respect to the share under Paragraph (1) of the order owned by the plaintiff on Nov. 24, 2004 and completed the registration of establishment of a mortgage in accordance with Paragraph (1) of the order, in order to secure the plaintiff's joint and several sureties obligation.
2. According to the facts of the above recognition, since the secured debt of the right to collateral security in the name of the defendant has expired by the prescription around November 24, 2014 with the lapse of ten years from November 24, 2004, and around November 24, 2014, the defendant is obligated to implement to the plaintiff the registration procedure for cancellation of the registration of the establishment of the right to collateral security completed as of November 29, 2004 pursuant to the Daejeon District Court’s Seosan District Court’s Seosan Branch Branch and the registration procedure for cancellation of the establishment of the right to collateral security completed as of November 29, 2004.
3. The plaintiff's claim for conclusion is justified and accepted.