PROMISSORY NOTE (nce bere June 30, 2016 fon demand, fr value received, UWe promise to pay, jin and severly, 10 MAPFRE INSULAR INSURANCE CORPORATION at is office at 8" to-T1® Floors, Mapie In Comore Cener, Acacia Avenue Madigal Business Park I, Ayala Alabang Muntinlupa Cys Philipines. he sm of PESOS. TWO HUNDRED EIGHTY TWO THOUSAND TWO HUNDRED SIX PESOS AND SIXTY THREE CENTAVOS ( PHP 282,206.63) Piippne Carency, subject to prod stallnens wn the Puincipal as lows: (See tached Table of Pytnnt), the ter payable in SIX (mons ellie rom the dite here Upon deft in the prompt and fll payment of the prineipl ofthis note at matrity, or on ‘mand, a the case maybe i full payment of any Sire stale dc on the pineal of this note 0 the payment of any ther obligation Shick -UWe may now or inthe fue ove to MAPFRE INSULAR INSURANCE CORPORATION, whether at pencpall) er guarantors), or inthe evet of bankruptcy ot incalvency,reciversip, levy of execution, gamisnneor attachment, or jcrese of canvietions) for ‘rn fess) by fia judgement) caring sith item the peralyof cv sertion fleeting a, or ‘gone of us, or ay ofthe eases eoverd by Ariel 1198 ofthe Cri Code of te Philippines then the ene ‘vega of ths note shall tthe option of MAPERE INSULAR INSURANCE CORPORATION and witht the agesity of notice mediately bosomes de aé payable. Incase i shll Be necessary to collec his nate by of dough an atracy at aw, We shal pay join and severally an amount equivalent 10% ofthe ‘ta _sount du on this pte and fer attomey'sfes witht any deductions, but ino ese stall be Tes than Ps 2,000.00 well a ther expenscs and oss auheized by the Rules of Coun. UWe have incurred init avr, individually or joy, 36 may selec whether or wot sid obligaians ar then due. any and al funds wah tay be in asin depositor eerie belonging to anyone o al of us, and osll at public or private ale Sich svn or things of valet possesion forth prpose a applang thir rocces to such payers Upon mutsity, I ay, withthe consent of the holder hereof renew exten this ate forte fll amu o the ‘np belane threo without notes to th thers) and ins evs the iabiy ofthe at sal rai jot sa severl with espeet othe holier In Alabang Mantslap City, Philippines, tis day of 2016, ng Matin i (CHANCE TEAM INTERNATIONAL INC.. By: JOEY CLAVERIA TALUDAN, Signed inthe presence of ‘SUBSCRIBED AND SWORN TO before me hit__ day’ of. 2016, affant having exhibied and submited a phoxocopy of his “wi mmber issu by Tred on "with expiration deo IN WITNESS WHEREOF, Have herent sty hae this ayo 2016 Notary Publi ‘Uni JUNE 30, 2016 Dee No Page Ne. Rook No. Series 0f 2076PAYMENT SCHEDULE ATTACHED TO AND FORMING OF PROMISSORY NOTE EXECUTED BY JOEY CLAVERIA TALUBAN (CHANCE TEAM INTERNATIONAL INC. IN FAVOR OF MAPFRE INSULAR INSURANCE CORPORATION, AMOUNT: PESOS: TWO HUNDRED EIGHTY TWO THOUSAND TWO HUNDRED SIX PESOS AND SINTY. THREE CENTAVOS (PHP 282,206.63) [Month ‘Amount | Tanaary 31,2016 arose | February 29,2026 a7oaeas | March 31,2036 aaa ‘Anri 30,20f6 47,938.44 [ay 31,2606 a7 034 aa tune 30,2016 47,034.44 Grand Total] 352,206.63 coxrowe: (CHANCE TEAM INTERNATIONAL INC. By JORY CLAVERIA-TALUBAN