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Form No. 5--Promissory Note Simple Form with Interest

(Promissory Note Simple Form with Interest)

PROMISSORY NOTE

P_____________

FOR VALUE RECEIVED, I promise to pay without need of demand to the order of __Payee__, at his office at _____________, the principal amount of PESOS: __________________________ (P_____________), on or before _____________. In addition to the foregoing, I promise to pay monthly interest at the rate of _____________ (_______%) percent, without need of demand, starting from the month of _____________ until this note is fully paid.

__Date__, _____________, Philippines.

Maker

Form No. 4--Promissory Note Simple Form

(Promissory Note Simple Form)

PROMISSORY NOTE

P__________

FOR VALUE RECEIVED, I promise to pay without need of demand to the order of __Payee__, at his office at _____________, the principal amount of PESOS: _______________(P_________), on or before _____________.

__Date__, _____________, Philippines.

Maker

A. PROMISSORY NOTES Form No. 2--Promissory Note for Commercial Lending Financing

(Promissory Note for Commercial Lending Financing)

PROMISSORY NOTE

_____________

FOR VALUE RECEIVED, I/We jointly and severally promise to pay without need of demand to the order of __Name of Payee__, at its office at _____________, Philippines, the sum of PESOS: __________________________ (P_____________), payable in installment for a period of _____________ months at the rate of __________________________ (P_____________) per _____________, starting on _____________ until fully and completely paid.

Form No. 3--Promissory Note Joint or Multiple Makers

(Promissory Note Joint or Multiple Makers)

PROMISSORY NOTE

P_____________

FOR VALUE RECEIVED, I, we, either, or any of us, jointly and severally, promise to pay __Name of Payee__ or Order the principal sum of __________________________ (_____________), Philippine Currency, without need of demand on or before _____________. (OR within a period of _____________ (_____) (days/weeks/months/years), payable in equal (daily/weekly/monthly/yearly) installment of __________________________ (P_____________) each.

Done this _____________ at _____________, Philippines.

MAKER CO-MAKER

Form No. 1--Acknowledgment of Debt

(Acknowledgment of Debt)

DEED OF ACKNOWLEDGMENT OF DEBT

KNOW ALL MEN BY THESE PRESENTS:

I, _____________, of legal age, Filipino, (single / married / widow), and a resident of _____________, after being duly sworn to in accordance with law, witnesseth and declare:

That I am indebted in the sum of _____________ (P_____________), Philippine Currency, to _____________, who is also of legal age, (single / married / widow), and a resident of _____________.

That I hereby promise and undertake to pay the said indebtedness unto the said _____________ within a period of _____________ (_____) (months/years/days) from today, in the amount of _____________ (P_____________) (monthly/daily) every _____________ with interest at the rate of _____________ (_____%) per centum per (month/annum) until fully paid.

 

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