Establishment of Kun-Pledge. 1. The Pledgor agrees to be bound by the General Terms and Conditions for Credit Transactions and acknowledges the terms of the relevant agreements concerning the Secured Obligations described in Item 2 below. The Pledgor does hereby pledge to the Creditor all of his/her right, title and interest in the deposits or the installment savings deposits etc. (collectively, the “Collateral”) as listed in the List of “Collaterals” at the end of this Agreement and acknowledge the delivery of the certificate evidencing such rights, title and interest (including passbook for the accounts, hereinafter “Account Documents” ) to the Creditor (the term “Creditor” shall include any other branch of the Bank located in Korea).
