PROMISSORY NOTE

KNOW ALL MEN BY THESE PRESENTS:

WE, CARMINA and CELESTE COROMINAS, both of legal age, Filipino. For value received, hereby
bind ourselves to pay CARMEN CARUNUNGAN, of legal age, Filipino. The sum of Five hundred Fifty
Thousand Pesos Only (P 550,000), with interest rate at 10% per annum without necessity of a demand
jointly and severally.

IN WITNESS WHEREOF, we hereunto affixed our signatures this 1 th day of March 2020 at
Baranggay Taft baybay Parola, Surigao City, Surigao Del Norte.

CERMINA COROMINAS CELESTE COROMINAS

Borrower Borrower

Signed in the Presence of:

_________________________________ _______________________________

SUBSCRIBED AND SWORN TO before me this __________________ at Parola, Surigao City,

Surigao Del Norte.

DOC NO._________ ATTY. JINGLE MERRY G. GERANDOY

PAGE NO.________ NOTARY PUBLIC
BOOK NO.________ until December 31, 2020
SERIES NO._______ IBP lifetime Member No. 784392, January 7, 2019
PTR No. 9845673, January 8, 2020
Rolls of attorney No. 45628 3/20/2019
MCLE Compliance No. VI-0025467 valid until April 28, 2020
Taft Baybay Parola, Surigao City, Surigao Del Norte