PROMISSORY NOTE

I, _____________________________, Filipino, of legal age, single/married to

____________________ and a resident of
________________________________________ for value received, hereby
acknowledge my indebtedness to ______________________________.

I promise to pay the amount of PESOS: _______________________

(Php___________) on or before ____________________ without a need of a
demand.

I understand and agree to pay ______% interest per month/year starting from the date
indicated on this Promissory Note until full payment.

_________________________________
Name & Signature of Maker

__________________________________
Date

Witnesses: _________________________ _______________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

________________________) SS.

BEFORE ME, a Notary Public, this _______day of ________________, personally

appeared:

Name of Maker_________________ CTC #_____________Date/Place

Issued______________

IN WITNESS WHEREOF, I have hereunto set my hand and seal this______ day of
___________, 20_____.

Notary Public
Doc. No. ........;
Page No. .......;
Book No. .......;
Series of 20__.