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PROMISSORY NOTE

Php. __________________

I promise and undertake to pay without need of demand to the order of BLENDA
B. CAPURIHAN at her address at #138 Brgy. Niugan, City of Cabuyao, Laguna, the
amount of PESOS: ____________________________________________________
(Php._________________) with interest at the rate of __________ (____%) per centum
per month/year of the outstanding balance payable as follows:

Date Amount
________________________ _________________________________
________________________ _________________________________
________________________ _________________________________
________________________ _________________________________
________________________ _________________________________
________________________ _________________________________
________________________ _________________________________
________________________ _________________________________
________________________ _________________________________
________________________ _________________________________
________________________ _________________________________
________________________ _________________________________
TOTAL _________________________________

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

In case of default of payment of this note for at least three (3) payments the total
or whole obligation shall be come due without need of demand and in case it becomes
necessary to collect this note I will shoulder all the expenses of litigation and attorney’s
fee.

Done this ________________2020, Cabuyao City, Laguna, Philippines.

_______________________ ______________________
Maker Co-Maker

Signed in the presence of:

______________________ ______________________
ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF CABUYAO ) S S.
PROVINCE OF LAGUNA )

Before me a Notary Public for and in the Province of Laguna this


_________________ personally appeared the following person/s:
Name Competent Proof of Identity
______________________________________________________________________
______________________________________________________________________
who acknowledged to me that they/he/she is/are the same person/s who signed and
executed this instrument and he/she/they acknowledged before me that the same is
their/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 20___.

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