PROMISSORY NOTE

1. Payable on stated installment

January 1, 2015
Cebu City
P19,000.00
For value received, I promise to pay Justine Nobleza or order the
sum of Nineteen Thousand Pesos (P19,000.00) in three installments
as follows:
On or before:
May 1, 2015 - P6,000.00
September 1, 2015 - P6, 000.00
January 1, 2016 - P7, 000.00
(Sgd.) Ma. Grace Batingal
May 19, 2015
Mandaue City
P10,000.00
I promise to pay Janine Nobleza or order the sum of Ten Thousand
Pesos (P10,000.00) in five installments as follows: July 19, 2015 P2,000.00, September 19, 2015 - P2, 000.00, November 19, 2015 P2, 000.00, January 19, 2016 - P2,000.00, May 19, 2016 - P2, 000.00.
(Sgd.) Ma. Grace Batingal

2. Payable on stated installment with acceleration clause

January 1, 2015
Mandaue City
P20,000.00
I promise to pay Justine Nobleza or order the sum of Twenty
Thousand Pesos (P20,000.00) in five equal monthly installments
beginning February 14, 2015. Upon default in the payment of any
installment, the whole sum payable under this note shall become
due.
(Sgd.) Ma. Grace Batingal
May 19, 2015
Cebu City
P18,000.00
For value received, I promise to pay Janine Nobleza or order the
sum of Eighteen Thousand Pesos (P18,000.00) in two installments as
follows:
On or before:
September 19, 2015 - P10, 000.00
December 19, 2015 - P8, 000.00
Upon default in the payment of any installment, the whole sum
payable under this note shall become due.
(Sgd.) Ma. Grace Batingal

3. Payable to the order of a fictitious person

January 1, 2015
Mandaue City
P19,000.00
I promise to pay John Doe or order the sum of Nineteen Thousand
Pesos (P19,000.00).
(Sgd.) Ma. Grace Batingal
May 19, 2015
Cebu City
P10,000.00
For value received, I promise to pay Jane Doe or order the sum of
Ten Thousand Pesos (P10,000.00).
(Sgd.) Ma. Grace Batingal

4. Payable to a payee which purports to be a name of a person

January 1, 2015
Mandaue City
P10,000.00
I promise to pay to the order of Justine Nobleza the sum of Ten
Thousand Pesos (P10,000.00).
(Sgd.) Ma. Grace Batingal
May 19, 2015
Cebu City
P20,000.00
For value received, I promise to pay to the order of Janine Nobleza
the sum of Twenty Thousand Pesos (P20,000.00).
(Sgd.) Ma. Grace Batingal

5. Payable to order
January 1, 2015
Mandaue City
P19,000.00
I promise to pay Elenita Nobleza or oder the sum of Nineteen
Thousand Pesos (P19,000.00).
(Sgd.) Ma. Grace Batingal

May 19, 2015

Cebu City
P15,000.00
For value received, I promise to pay Nickomedes Nobleza or order
the sum of Fifteen Thousand Pesos (P15,000.00).
(Sgd.) Ma. Grace Batingal

6. Payable on demand
January 1, 2015
Mandaue City
P10,000.00
I promise to pay to the order of Justine Nobleza the sum of Ten
Thousand Pesos (P10,000.00).
(Sgd.) Ma. Grace Batingal
May 19, 2015
Cebu City
P20,000.00
For value received, I promise to pay Janine Nobleza or order the
sum of Twenty Thousand Pesos (P20,000.00).
(Sgd.) Ma. Grace Batingal

7. Payable at a fixed date

January 1, 2015
Mandaue City
P10,000.00
On May 19, 2015, I promise to pay to the order of Justine Nobleza
the sum of Ten Thousand Pesos (P10,000.00).
(Sgd.) Ma. Grace Batingal
May 19, 2015
Cebu City
P20,000.00
For value received, I promise to pay Janine Nobleza or order the
sum of Twenty Thousand Pesos (P20,000.00) on November 10, 2015.
(Sgd.) Ma. Grace Batingal

8. Payable after a fixed period after date

January 1, 2015
Mandaue City
P10,000.00
One hundred twenty days after date, I promise to pay to the order
of Justine Nobleza the sum of Ten Thousand Pesos (P10,000.00).
(Sgd.) Ma. Grace Batingal

May 19, 2015

Cebu City
P20,000.00
For value received, I promise to pay Janine Nobleza or order the
sum of Twenty Thousand Pesos (P20,000.00) thirty days after date.
(Sgd.) Ma. Grace Batingal

January 1, 2015
Cebu City

P19,000.00

BILL OF EXCHANGE

Pay to Justine Nobleza or order the sum of Nineteen Thousand

1. Payable
on statedininstallment
Pesos (P19,000.00)
three installments as follows:

On or before:
May 1, 2015 - P6,000.00
September 1, 2015 - P6, 000.00
January 1, 2016 - P7, 000.00
Value received and charge the same to the account of
(Sgd.) Ma. Grace Batingal
To Honey Jane B. Doron
Mandaue City

May 19, 2015

Mandaue City
P10,000.00
Pay to Janine Nobleza or order the sum of Ten Thousand Pesos
(P10,000.00) in five installments as follows: July 19, 2015 - P2,000.00,
September 19, 2015 - P2, 000.00, November 19, 2015 - P2, 000.00,
January 19, 2016 - P2,000.00, May 19, 2016 - P2,000.00.
(Sgd.) Ma. Grace Batingal
To Emmanuel B. Doron
Cebu City

2. Payable in sum certain in money with cost of collection

May 19, 2015
Mandaue City
P10,000.00
Pay to Justine Nobleza or bearer the sum of Ten Thousand Pesos
(P10,000.00) on or before November 25, 2015 with 15% attorneys
fee and costs of collection if not paid on maturity.
(Sgd.) Ma. Grace Batingal
To Honey Jane B. Doron
Cebu City

January 1, 2015
Cebu City
P19,000.00
Pay to Janine Nobleza or order the sum of Nineteen Thousand
Pesos (P19,000.00) on May 19, 2015 with 10% attorneys fee and
costs of collection if not paid on maturity.
(Sgd.) Ma. Grace Batingal
To Emmanuel B. Doron
Mandaue City

3. Payable to the order of a fictitious person

January 1, 2015
Mandaue City
P19,000.00
Pay to John Doe or order the sum of Nineteen Thousand Pesos
(P19,000.00).
(Sgd.) Ma. Grace Batingal
To Honey Jane B. Doron
Cebu City
May 19, 2015
Cebu City
P10,000.00
Pay to the order of Jane Doe the sum of Ten Thousand Pesos
(P10,000.00).
(Sgd.) Ma. Grace Batingal
To Emmanuel B. Doron
Mandaue City

4. Payable to a payee which purports to be a name of a person

January 1, 2015
Mandaue City
P10,000.00
Pay to the order of Justine Nobleza the sum of Ten Thousand
Pesos (P10,000.00).
(Sgd.) Ma. Grace Batingal
To Honey Jane B. Doron
Cebu City

May 19, 2015

Cebu City
P20,000.00
Pay to the order of Janine Nobleza the sum of Twenty Thousand
Pesos (P20,000.00).
(Sgd.) Ma. Grace Batingal
To Emmanuel B. Doron
Mandaue City

5. Payable to the order of the drawer

January 1, 2015
Mandaue City
P10,000.00
Pay to the order of myself the sum of Ten Thousand Pesos
(P10,000.00).
(Sgd.) Ma. Grace Batingal
To Honey Jane B. Doron
Cebu City
May 19, 2015
Cebu City
P20,000.00
Pay to the order of myself the sum of Twenty Thousand Pesos
(P20,000.00).
(Sgd.) Ma. Grace Batingal
To Emmanuel B. Doron
Mandaue City

6. Payable on demand
January 1, 2015
Mandaue City
P10,000.00
Pay to the order of Justine Nobleza the sum of Ten Thousand
Pesos (P10,000.00).
(Sgd.) Ma. Grace Batingal
To Honey Jane B. Doron
Cebu City

May 19, 2015

Cebu City
P19,000.00
Pay to Janine Nobleza or order the sum of Nineteen Thousand
Pesos (P19,000.00).
(Sgd.) Ma. Grace Batingal
To Emmanuel B. Doron
Mandaue City
P10,000.00

January 1, 2015
Mandaue City

7. Payable after the occurrence of a specified event

Pay to the order of Justine Nobleza the sum of Ten Thousand
Pesos (P10,000.00) one hundred twenty days after the death of his
mother.
(Sgd.) Ma. Grace Batingal
To Honey Jane B. Doron
Cebu City

May 19, 2015

Cebu City
P19,000.00
Thirty days after the death of her father, pay to Janine Nobleza or
order the sum of Nineteen Thousand Pesos (P19,000.00).
(Sgd.) Ma. Grace Batingal
To Emmanuel B. Doron
Mandaue City

8. Payable after a fixed period after date

January 1, 2015
Mandaue City
P10,000.00
Thirty days after date, pay to the order of Justine Nobleza the sum
of Ten Thousand Pesos (P10,000.00).
(Sgd.) Ma. Grace Batingal
To Honey Jane B. Doron
Cebu City

May 19, 2015

Cebu City
P19,000.00
Pay to Janine Nobleza or order the sum of Nineteen Thousand
Pesos (P19,000.00) one hundred twenty days after date.
(Sgd.) Ma. Grace Batingal
To Emmanuel B. Doron
Mandaue City

University of San Jose - Recoletos

Magallanes Street, Cebu City
College of Commerce

Individual Project in Law2:

THE NEGOTIABLE
INSTRUMENTS LAW

Submitted By:
Ma. Grace Batingal
BSA-3

Submitted To:
Atty. Diana Velasco
Law2 Teacher