You are on page 1of 2

REPUBLIC OF THE PHILIPPINES )

PROVINCE OF ALBAY )
TABACO CITY ) S.S

ACKNOWLEDGEMENT OF DEBT AND PROMISSORY


NOTE

I, JOFFER DE LEON and MARIA LUISA DE LEON, of legal ages,


married to each other, Filipino Citizens, and with residence and postal
address at Brgy. Pinagbobong, Tabaco City, Albay, after being duly sworn in
accordance with law hereby depose and state that:

1. That on June 7, 2023, we executed a Deed of Absolute Sale for a


portion of our real property covered by TCT No. 159081 located in
Brgy. Pinagbobong to GREEN BIOTECH SOLUTIONS INC. duly
represented by Jezza C. Noya in the amount of FOUR MILLION
( Php 4,O00,000.00 ) PESOS;

2. As a consequence thereof, we agreed to divide the corresponding


cost of Capital Gain Tax and Documentary Stamp Tax amounting
to THREE HUNDRED THOUSAND ( 300,000.00 ) equally as
indicated in the Deed of Absolute Sale;

3. That the reason for us being compelled to sell the portion above
property is our family suffered financial reverses and has to settle
our outstanding debts;

4. To date, we don’t have the financial capacity to pay our


proportionate share of the aforementioned taxes, thus hereby
consent for the BUYER, GREEN BIOTECH SOLUTIONS INC. to
advance the corresponding amount in order to avoid penalties and
surcharges;

5. That we will settle the same, once our financial capacity has
improved;

6. That we are executing this affidavit to attest to the truthfulness of


the facts stated above and for the purpose of acknowledging our
indebtedness once the amount is paid by the buyer to the
appropriate government agency.
IN WITNESS WHEREOF, I hereunto set my hand this 7 th day of June
2023, at Tabaco City, Albay, Philippines.

JOFFER DE LEON MARIA LUISA DE LEON


Affiant Affiant

SUBSCRIBED AND SWORN TO before me in Tabaco City this _____


_________________ by the above-named affiants who have presented their
Driver’s License No. C05-030684 and UMID Nos CRN-0033-2690587-3, who
are the same persons who personally signed before me the forgoing
ACKNOWLEDGEMENT RECEIPT and acknowledged and attested that the
contents thereof are true and correct; and that they voluntarily executed the
same

NOTARY PUBLIC

Doc. No.______;
Page No.______;
Book No. _____;
Series of 2023

You might also like