PROMISSORY NOTE

Amount: _Php 50,000 Date: October 3, 2022

Place: ______Cebu

We, _____________ and _________________, make commitment to pay our indebtedness

at the sum of Php50,000 to ________ as soon as we receive our share of inheritance
from our late grandfather, _______.

IN WITNESS WHEREOF, we hereunto set our hands on this 3rd of October

2022, in ______________Cebu and we acknowledge receipt of a completed copy of this
instrument.

_____________________ _____________

Witnesses:

___________________________ _______________________

REPUBLIC OF THE PHILIPPINES)

CITY/MUNICIPALITY OF ______) SS.

ACKNOWLEDGMENT

BEFORE ME, a Notary Public for and in the (Province/City/Municipality) of

_____________, personally appeared the following persons, with their respective
IDENTIFICATION NO. as follows:

Name ID NO. Date / Place Issued

1. ____________ _____________ _____________

2. _____________ _____________ _____________
3. _____________ _____________ _____________

all known to me and to me known to be the same persons who executed the
foregoing instrument which they acknowledged to me to be their free and voluntary
act and deed, consisting of only (1) page, including this page in which this
Acknowledgement is written, duly signed by them and their instrumental witnesses
on each and every page hereof.

NOTARY PUBLIC

Doc. No. ______;

Page No. ______;

Book No. ______;

Series of ______;
DEED OF ACKNOWLEDGMENT OF DEBT
KNOW ALL MEN BY THESE PRESENTS:

We, ___________  of legal age, FilipinoS, and residents of _________________ after being duly sworn to in
accordance with law, witnesseth and declare:

That we are indebted in the sum of FIFTY THOUSAND PESOS (PHP 50,000_), Philippine Currency, to
________, who is also of legal age, and a resident of Masbate City, Philippines.

That we hereby promise and undertake to pay the said indebtedness unto the said creditor as soon
as we receive our inheritance from our late grandfather, _______________________.

_____________________________ ______________________________

SIGNED IN THE PRESENCE OF:

REPUBLIC OF THE PHILIPPINES)

CITY/MUNICIPALITY OF ______) SS.

ACKNOWLEDGMENT

BEFORE ME, a Notary Public for and in the (Province/City/Municipality) of

_____________, personally appeared the following persons, with their respective
IDENTIFICATION NO. as follows:

Name ID NO. Date / Place Issued

1. ____________ _____________ _____________

2. _____________ _____________ _____________
3. _____________ _____________ _____________

all known to me and to me known to be the same persons who executed the
foregoing instrument which they acknowledged to me to be their free and voluntary
act and deed, consisting of only (1) page, including this page in which this
Acknowledgement is written, duly signed by them and their instrumental witnesses
on each and every page hereof.

NOTARY PUBLIC

Doc. No. ______;

Page No. ______;

Book No. ______;

Series of ______;