PROMISSORY NOTE

_________________20__

At any time after the above date the undersigned promises to pay to the order of
_________________________, the sum of P_____,_____ Pesos, for value received with
_____% interest after the date until ___________ _____ 20__. The makers, endorsers, and
guarantors hereof waive presentment, demand of payment, notice of nonpayment, protest, notice
of protest, and all exemptions.

___________________________ ___________________________

NAME OF LENDER NAME OF BORROWER

Personally appeared before me ____________________________ and ____________________

who signed the above instrument of his/her own free act and will on this ______ day of
______________, 20___.

COUNTY OF ____________

____________________________ ____________________________

NOTARY PUBLIC COMMISSION STAMP

NOTARY SEAL