A CONTRACT ENTERED INTO BY AND BETWEEN

IMELDA S. LUY AND ___________________

KNOW ALL MEN BY THIS PRESENTS:

I, ____________________ of _________________ upon receipt the amount of ____________on

_______________ from Imelda S. Luy do hereby agree and bind myself to the following:
That the amount receipt is ____________ only, although I have to pay Imelda S. Luy the amount of
_________ pesos only (P________) to be made payable in __________ in the amount of
(P__________).

That I am to start paying on _______________ the same to end on: _________________.

That in the event of non-payment of the monthly due, a ten percent surcharge shall be added to the
(P________)/month.

That if I still fail to pay on the succeeding month, the ten percent surcharge shall be doubled to be
based on the accumulated amount due for the month; that this shall hold true for the remaining
months in case I still fail to pay on time.

That I shall shoulder all necessary expenses including Attorneys fee I may incur during the period;

That I have entered into this contract willfully and with out due influence from any person whatsoever;

I hereby signed this ______________ day of _____________, Iloilo, Philippines.

Signed in the presence of:

______________________ ____________________________ _______________________

Name of Recipient Name & Signature of Witness Signature of Recipient

I, __________________________, as the co-maker of the above-quoted loan, have fully understood

the contents of this Promissory Note for Short-Term Loan. That as Co-maker, I am fully aware that I
shall be jointly and severally or solidarily liable with the above principal maker of this note.
 A CONTRACT ENTERED INTO BY AND BETWEEN
IMELDA S. LUY AND ___________________

KNOW ALL MEN BY THIS PRESENTS:

I, ____________________ of _________________ upon receipt the amount of ____________on

_______________ from Imelda S. Luy do hereby agree and bind myself to the following:
That the amount receipt is ____________ only, although I have to pay Imelda S. Luy the amount of
_________ pesos only (P________) to be made payable in __________ in the amount of
(P__________).

That I am to start paying on _______________ the same to end on: _________________.

That in the event of non-payment of the monthly due, a ten percent surcharge shall be added to the
(P________)/month.

That if I still fail to pay on the succeeding month, the ten percent surcharge shall be doubled to be
based on the accumulated amount due for the month; that this shall hold true for the remaining
months in case I still fail to pay on time.

That I shall shoulder all necessary expenses including Attorneys fee I may incur during the period;

That I have entered into this contract willfully and with out due influence from any person whatsoever;

I hereby signed this ______________ day of _____________, Iloilo, Philippines.

Signed in the presence of:

______________________ ____________________________ _______________________

Name of Recipient Name & Signature of Witness Signature of Recipient