PROMISSORY NOTE

Php. _______________

I promise and undertake to pay without need of demand to the order of

________________________________ at her address at
____________________________________, the amount of PESOS:
_____________________________ (Php._________________), Philippine Currency,
payable on or before ____________________ without need of demand.

There will be penalty imposed with rate of _________ (____%) percent per
month if the said obligation has not been paid on its due date

Done this ____________________, Manila, Philippines.

________________________ ________________________
Maker Co Maker

Signed in the presence of:

______________________ ______________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

__________________________ )S.S.

Before me a Notary Public for and in ______________________ this

_________________ personally appeared the following person/s:
Name Competent Proof of Identity
________________________ ________________________________________
who acknowledged to me that he/she is the same persons who signed and executed
this instrument and he/she/they acknowledged before me that the same is his/her free
act and voluntary deed.
WITNESS MY HAND AND SEAL on the date and at the place first above written.

Doc. No. _________;

Page No. _________;
Book No. _________;
Series of 2023.