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REPUBLIC OF THE PHILIPPINES) S.

S
MUNICIPALITY OF SABLAYAN) S.S

CONTRACT OF LOAN

KNOW ALL MEN BY THESE PRESENTS:

I, MELVIE SILVERIO, of legal age, single, and a resident of Buenavista,


Sablayan, Occidental Midoro hereinafter referred to as LENDER;

-and-

LORNA SOGUILON, of legal age, married and a resident of Poblacion,


Sablayan, Occidental Mindoro herein referred to as BORROWER;

WITNESSESTH:

That the Borrower wishes to borrow and the Lender is willing to lend the
amount of SEVEN THOUSAND FIVE HUNDRED (7,500) PESOS.

NOW THEREFORE:

I LORNA SOGUILON as the BORROWER, received the abovementioned


amount from the LENDER subject to the following conditions:

TERMS AND CONDITIONS

1. That, I will pay said amount on December 5, 2017;

2. That this amount loaned to me shall incur a 10% percent payment when it
fell due;

3. That when I failed to pay, said principal amount and the interest will be
subject to 1% interest every month of default payment.

IN WITNESS WHEREOF, parties herein affixed their signatures on the


date and place above written.

__________________ ___________________ 
LENDER                            BORROWER
 
Signed in the presence of:

_________________________ _________________________               

ACKNOWLEDGEMENT
 

Republic of the Philippines)


_________________________) S.S
 
BEFORE ME, personally appeared:
 
 
Name                                 CTC Number             Date/Place
Issued
______________ _____________ _______________
______________ _____________ _______________ 
     
 
Known to me and to me known to be the same persons who
executed the foregoing instrument and acknowledged to me that the
same is their free and voluntary act and deed.
 
This instrument consisting of ____ page/s, including the page on
which this acknowledgement is written, has been signed on each
and every page thereof by the concerned parties and their
witnesses, and and sealed with my notarial seal.
 
WITNESS MY HAND AND SEAL, on the date and place first above
written.
                                                                    
                                                                                
Doc. No.______;
Page No. ______;
Book No.______;
Series of 20___.

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