CONTRACT OF LOAN

KNOWN ALL MEN BY THESE PRESENTS:

This Contract of Deed of Absolute Sale is made and executed into by:
Cardi B. Dalisay, Filipina, single, of legal age, with residence
and post-office address at #16 CAMARON Street, Pines City Executive
Village, Barangay San Roque, Antipolo City, herein referred to as the
CREDITOR;
-AND-
Probinsyano A. Star, Filipino, single, of legal age, with
residence and post-office address at #17 Mother Ignacia Street, Barangay
Paligsahan, Quezon City, herein referred to as the DEBTOR;

WITNESSETH;
That the DEBTOR is desirous of borrowing the amount of Php
100,000.00, Philippine Currency while the CREDITOR is willing and able
to lend the said amount, subject to the following terms and conditions:

1) That the CREDITOR shall convey the amount of ONE

HUNDRED THOUSAND PESOS (PHP 100,000.00) to the
DEBTOR upon execution of this contract;

2) That the DEBTOR shall pay the CREDITOR the aforementioned

amount loaned on or before 25 November 2019;

3) That in case of failure on the part of the DEBTOR to pay the amount
loaned in full at tits aforementioned maturity date, then the
CREDITOR shall charge a penalty amounting to a compounded
5% interest per annum of the total amount due until full payment
thereof;

1
 4) That in case the court intervention should become necessary and
inevitable, the DEBTOR shall be liable for the court and litigation
expenses amounting to 25% of the total amount due and
demandable;

5) That the parties herein hereby, commit to fully observe the terms
and conditions embodied in this contract and are fully aware that
any violation of the same shall expose such erring party to the
corresponding civil and/or criminal proceedings.

IN WITNESS WHEREOF, the parties have hereunto set their hands this
25 day of JULY 2019 in the City of Antipolo.

CARDI B. DALISAY PROBINSYANO A. STAR

(CREDITOR) (DEBTOR)

SIGNED IN THE PRESENCE OF:

________________________ _______________________

2
REPUBLIC OF THE PHILIPPINES )
CITY OF ANTIPOLO ) : S.S.

ACKNOWLEDGMENT

BEFORE ME, this 25th day of JULY 2019, personally appeared:

CARDI B. DALISAY - Passport No. P4208976B issued at Manila – Dec.

13, 2019 to Dec. 12, 2029
PROBINSYANO A. STAR- Passport No. P3105070A issued at Manila –
May 19, 2017 to May 18, 2022

Known to me to be the exact same person who executed the foregoing

instrument, and acknowledged that the same are their free act and deed.

IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my

notarial seal.

Danilo F. Cruz
NOTARY PUBLIC
Until December 31, 2021

Doc. No. _________

Page No. _________
Book No. _________
Series of 2021.