Annex A

PROMISSORY NOTE

Amount: P 350,000.00

Place: Barangay 5, General Luna St., Iloilo City

Date: January 2, 2014

I, Mrs. Julie Anne San Jose, make commitment to pay Mrs. Nicomaine Dei Faulkerson
the sum of P 350,000.00. Repayment is to be made in the form of three equal instalments
without interest payable on the 1st of each month, beginning February 1, 2015 until the
total amount of debt is paid.

IN WITNESS WHEREOF, I set my hand under seal this 2 nd of January, 2014 and I
acknowledge receipt of a completed copy of this instrument.

Julie Anne San Jose

Borrower

SUBSCRIBED AND SWORN TO before me this ______ day of ______, ______ at

Iloilo City, affiant having exhibited to me her CTC No. ___________ issued on
__________ at __________.

NOTARY PUBLIC

Doc. No._____

Page No. ____

Book No. _____

Series of _____