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    Reymond C. Doren promises to repay Leslie Grace Espinosa P100,000 minus any returns from an investment, with 5% annual interest, within a month of default. The terms specify the principal, repayment period, and payment methods, and that the agreement will be terminated if payment is made on time. Reymond C. Doren signs as the maker of the default payment agreement and promissory note.

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    Reymond C. Doren promises to repay Leslie Grace Espinosa P100,000 minus any returns from an investment, with 5% annual interest, within a month of default. The terms specify the principal, repayment period, and payment methods, and that the agreement will be terminated if payment is made on time. Reymond C. Doren signs as the maker of the default payment agreement and promissory note.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    15 views2 pages

    Payment Agreement PDF

    Uploaded by

    UNEXPECTED
    Reymond C. Doren promises to repay Leslie Grace Espinosa P100,000 minus any returns from an investment, with 5% annual interest, within a month of default. The terms specify the principal, repayment period, and payment methods, and that the agreement will be terminated if payment is made on time. Reymond C. Doren signs as the maker of the default payment agreement and promissory note.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    DEFAULT PAYMENT AGREEMENT & PROMISSORY NOTE

    PROMISSORY NOTE

    In the event of default payment occurs, I, Reymond C. Doren promises to repay to the order of
    Leslie Grace Espinosa, the sum of P100,000.00 pesos minus any amount received from the
    investment together with interest thereto at the rate of 5 percent (%) per annum.

    ADDITIONAL TERMS

    The UNDERSIGNED and LENDER, hereby further set forth their rights and obligations to one another
    under this Default Payment Agreement and Promissory Note and agree to be legal bound as follows:

     Principal Amount: P100,000 minus total amount received from the investment
     Repayment Term: A month after the default payment.
     Payment Method: The undersigned shall make all payments called for under this
    agreement by sending check or bank deposit/transfer.
     Termination: If the payment is made according to the post-dated check time, this
    agreement is null and void and the obligation is extinguish.

    IN WITNESS WHEREOF, Maker has executed this Agreement and Promissory Note.

    Reymond C. Doren
    Maker
    MAKERS IDENTIFICATION

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