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PROMISSORY NOTE

Date :
Due date :

FOR VALUE RECEIVED, I/WE jointly and severally, promise to pay to LEND IT GO LENDING
CORP. at Brgy. 7, Calamba, Laguna the principal sum of ______________ in Philippine currency,
with interest at _4 (%) percent per ___ days/(X) month, payable in the following manner, until
the whole sum, principal and interest shall have been fully paid:

ARRANGEMENT OF PAYMENT

DAILY PAYMENT:

P 552.00
644.00 w/ Sundays

Upon default of payment of any installment when due, all the other installments shall
become due and payable. Interest not paid when due shall be added to, and become part of the
principal and shall likewise bear interest at the same rate, compounded monthly.

In case of non-payment of this note, I/WE jointly and severally agree to pay an
additional amount equivalent to FIVE Percent (5%) per month based on the total amount due
and demandable as penalty, until paid; and the further sum of Twenty Five Percent (25%)
thereof as attorney’s fee exclusive of costs and judicial expenses; moreover, I/WE jointly and
severally further empower and authorize LEND IT GO LENDING CORP. at their option; and
without notice, to set-off or to apply to the payment of this note any and all funds, which may be
in its hands on deposit or otherwise belonging to any one or all of us, and to hold s security
therefore any real or personal property which may be in the possession or control by virtue of
any other contract.

It is expressly understood that LEND IT GO LENDING CORP. shall have the option to
declare all my/our other loans to LEND IT GO LENDING CORP. immediately demandable in
case of non-payment of this note when due. Conversely, LEND IT GO LENDING CORP. shall
likewise have the option to declare this note immediately due and demandable in case of default
non-payment of any of my/our obligations to LEND IT GO LENDING CORP. when due.

In case of extraordinary change in the value of the PHILIPPINE PESO due to


extraordinary inflation, deflation, devaluation or any other reason, the basis of payment of this
note shall be the value of the PESO at the time this obligation was incurred as provided in Art.
s1250 of the New Civil Code.

All actions arising from or connected with this note shall be brought only at the proper
Court of Law of Laguna, Philippines, or at the place of execution of this note at the sole option of
LEND IT GO LENDING CORP.

_______________/_______________
Borrower Co-maker Co-maker
Signature over printed name

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