19 July 2016

For value received, the Borrower hereby unconditionally promises to pay to the order of Lender
the sum of twenty thousand pesos (20, 000.00) together with interest at the rate of ten percent
(10%) per month.
Payment Terms
Borrower will pay 4 payments of six thousand pesos (6,000.00) each at a 15-day interval,
particularly every 30th and 15th day of each month, starting on the 30th day of July, 2016 until the
principal amount and accrued interest is paid in full. All payments shall first be applied to
outstanding late fees, then to interest and the balance to the principal amount.
Prepayment
The Borrower may prepay this Note in full or in part at any time without premium or penalty. All
prepayments shall first be applied to outstanding late fees, then to accrued interest and thereafter
to the principal loan amount.
Place of Payment
Payment shall be made at 024 Catalino Cruz St. Brgy. Sto Nino Cainta Rizal, address of the
Lender. For ease of payment the Borrower may exercise the option to effect payment by direct
deposit or electronic transfer of funds into the account of Lender as specified in writing.
Late Payment Fees
If payment is not made on due date as stipulated in the payment terms the Borrower shall pay an
additional late payment penalty at the rate of 1% daily to be added to each unpaid installment.
Acceleration of Debt upon Default
If the Borrower fails to make any payment when due for whatever reason and the Lender
provides notice of such failure, the Borrower must effect payment of the amount due within five
days (5), failing which the Lender can demand immediate payment of the entire outstanding
principal amount and accrued interest.
Collection Fees
In the event of default the Lender may reserve the right to take further legal action to recover the
amount of the loan without further notice to the Borrower and the Borrower will be expected to
pay the applicable interest, filing and attorneys fees, and any other related costs.
Security
The borrower shall surrender his payroll ATM card with pin together with the online/mobile
banking password or any other security equal or greater than the value of the loan.

________________________
Borrower /Date

________________________
Spouse of Borrower/Date

________________________
Lender/Date

In the presence of:

_____________________
Witness/Date

____________________________________
Address & contact number

_____________________
Witness/Date
06 August 2016

____________________________________
Address & contact number

For value received, the Borrower hereby unconditionally promises to pay to the order of Lender
the sum of ten thousand pesos (10,000.00) together with interest at the rate of ten percent (10%)
per month.
Payment Terms
Borrower will pay 4 payments of three thousand pesos (3,000.00) each at a 15-day interval,
particularly every 20th and 5th day of each month, starting on the 20th day of August, 2016 until
the principal amount and accrued interest is paid in full. All payments shall first be applied to
outstanding late fees, then to interest and the balance to the principal amount.
Prepayment
The Borrower may prepay this Note in full or in part at any time without premium or penalty. All
prepayments shall first be applied to outstanding late fees, then to accrued interest and thereafter
to the principal loan amount.
Place of Payment
Payment shall be made at 024 Catalino Cruz St. Brgy. Sto Nino Cainta Rizal, address of the
Lender. For ease of payment the Borrower may exercise the option to effect payment by direct
deposit or electronic transfer of funds into the account of Lender as specified in writing.
Late Payment Fees
If payment is not made on due date as stipulated in the payment terms the Borrower shall pay an
additional late payment penalty at the rate of 1% daily to be added to each unpaid installment.
Acceleration of Debt upon Default
If the Borrower fails to make any payment when due for whatever reason and the Lender
provides notice of such failure, the Borrower must effect payment of the amount due within five
days (5), failing which the Lender can demand immediate payment of the entire outstanding
Principal amount and accrued interest.
Collection Fees
In the event of default this Note may be turned over for collection and the Borrower agrees to
pay all reasonable legal fees, collection and enforcement charges to the extent permissible by
law, in addition to other amounts due.
Security
The borrower shall surrender his payroll ATM card with pin together with the online/mobile
banking password or any other security equal or greater than the value of the loan.

________________________
Borrower /Date

________________________
Spouse of Borrower/Date

________________________
Lender/Date

In the presence of:

_____________________
Witness/Date

____________________________________
Address & contact number

_____________________
Borrower/Date

____________________________________
Address & contact number