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Promissory Note

This promissory note acknowledges that the signer owes 261,853.38 PHP to another party, has already paid back 61,853.38 PHP on February 2, 2023, and promises to pay the remaining balance of 200,000 PHP to the other party on or before February 28, 2023 without demand.

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0% found this document useful (0 votes)
709 views1 page

Promissory Note

This promissory note acknowledges that the signer owes 261,853.38 PHP to another party, has already paid back 61,853.38 PHP on February 2, 2023, and promises to pay the remaining balance of 200,000 PHP to the other party on or before February 28, 2023 without demand.

Uploaded by

Loi Montalbo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
  • Promissory Note

PROMISSORY NOTE

I, ____________, Filipino, of legal age, married and a resident of


________________, for value received, hereby acknowledge my indebtedness to
_________________________________ amounting to Two Hundred Sixty-One Thousand
Eight Hundred Fifty-Three Pesos and Thirty-Eight Centavos (Php261,853.38).

On 2 February 2023, I paid Sixty-One Thousand Eight Hundred Fifty-Three


Pesos and Thirty-Eight Centavos (Php61,853.38) to ____________________.

In view of the foregoing, I promise to pay the remaining balance of my debt


amounting to Two Hundred Thousand Pesos (Php200,000.00) to the order of
_________________________, on or before 28 February 2023, without a need for demand.

_____________________
name

_____________________
Date

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