This Agreement made in Narvacan, Ilocos Sur, Philippines, this 13th day of March 2017
between DEDICACION FABROS, of legal age, married, Filipino and a resident of Limmansangan,
Narvacan, Ilocos Sur hereinafter called the First Party, and GILBERT C. BAPTISTA, of legal age,
Filipino and a resident of Barangay Sulvec, Narvacan, Ilocos Sur hereinafter called the Second
Party.
That the Second Party fully acknowledged that he is indebted to the First Party in the
amount of TWO HUNDRED FIFTY THOUSAND PESOS (PHP250,000.00).
That since the Second Party receives a monthly pension which commensurate with the
agreed monthly payment of THIRTY THOUSAND PESOS, the Second Party shall use the same as
monthly payment, under the following terms and conditions, to wit:
1. That the payment of the debt shall commence to run from the month of April 2017 and
shall end until fully paid;
2. That the bank book where the monthly pension shall be left under the custody of the
First Party where she shall get the amount of THIRTY THOUSAND PESOS
(PHP30,000.00) and the remaining amount shall be taken by the Second Party;
3. That in case the Second Party passed away and the obligation is still existing, such
obligation shall be assumed by his wife.
ACKNOWLEDGEMENT
BEFORE ME, a Notary Public for and in the Province of Ilocos Sur personally appeared the
above-named persons, with their Community Tax Certificate to wit: CTC NOS
for the 1st party and for the 2nd party respectively, issued at
, and on
, and
respectively are known to me and to me known to be the same person and acknowledged to me
that the same is their free and voluntary deed.
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AGREEMENT
This Agreement made in Narvacan, Ilocos Sur, Philippines, this 13th day of March 2017
between DEDICACION FABROS, of legal age, married, Filipino and a resident of Limmansangan,
Narvacan, Ilocos Sur hereinafter called the First Party, and ROSHELLE P. ARREOLA of legal age,
Filipino and a resident of Barangay Sulvec, Narvacan, Ilocos Sur hereinafter called the Second
Party.
That the Second Party fully acknowledged that he is indebted to the First Party in the
amount of ONE HUNDRED FIFTY THOUSAND PESOS (PHP150,000.00).
That since the Second Party receives a monthly allotment which commensurate with the
agreed monthly payment of TWENTY THOUSAND PESOS, the Second Party shall use the same as
monthly payment, under the following terms and conditions, to wit:
1. That the payment of the debt shall commence to run from the month of April 2017 and
shall end until fully paid;
2. That the bank book where the monthly pension shall be left under the custody of the
First Party where she shall get the amount of TWENTY THOUSAND PESOS
(PHP20,000.00) and the remaining amount shall be taken by the Second Party;
3. That in case the Second Party passed away and the obligation is still existing, such
obligation shall be assumed by his husband.
ACKNOWLEDGEMENT
BEFORE ME, a Notary Public for and in the Province of Ilocos Sur personally appeared the
above-named persons, with their Community Tax Certificate to wit: CTC NOS
for the 1st party and for the 2nd party respectively, issued at
, and on
, and
respectively are known to me and to me known to be the same person and acknowledged to me
that the same is their free and voluntary deed.
Doc. No.
Book No,
Page No.
Series of