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WITNESSETH
2. That the DEBTOR shall pay the CREDITOR the aforementioned amount
loaned on or before December 25, 2012;
3. That in case of failure on the part of the DEBTOR to pay the amount loaned
in full at its aforementioned maturity date, then the CREDITOR shall charge
a penalty amounting to a compounded Ten percent (10%) interest per
month of the total amount due until full payment thereof;
4. That in case the court intervention should become necessary and inevitable,
the DEBTOR shall be liable for the court and litigation expenses and
attorney's fee amounting to twenty five (25) percent of the total amount
due and demandable;
5. That the parties herein hereby commit to fully observe the terms and
conditions as embodied in this contract and are fully aware that any
violation of the same shall expose such erring party to the corresponding,
criminal, civil and/or administrative liabilities.