PROVINCE OF SAMAR )
CATBALOGAN CITY ) SS.
CONTRACT OF LOAN
KNOW ALL MEN BY THESE PRESENTS:
WITNESSETH
2. That the DEBTOR shall pay the CREDITOR the aforementioned amount
loaned on or before December 25, 2012;
3. That in case of failure on the part of the DEBTOR to pay the amount
loaned in full at its aforementioned maturity date, then the CREDITOR
shall charge a penalty amounting to a compounded Ten percent (10%)
interest per month of the total amount due until full payment thereof;
5. That the parties herein hereby commit to fully observe the terms and
conditions as embodied in this contract and are fully aware that any
violation of the same shall expose such erring party to the
corresponding, criminal, civil and/or administrative liabilities.
_________________________ __________________________
Creditor Debtor
1 . _________________________ 2. ________________________
REPUBLIC OF THE PHILIPPINES )
PROVINCE OF SAMAR )
CATBALOGAN CITY ) SS.
ACKNOWLEDGMENT