PROMISSORY NOTE AMOUNT OF DEBT: For the value received on ________________________, I undertake to pay to MRS. SOLEDAD S. AQUINO at her residence located at M. Naval St. Tangos, Navotas, Metro Manila, the sum of __________________________________________ on or before ______________________________. In failure to pay this obligation on the due date, Hundred Pesos (P100.00) per day in case of delay. Demand and Notice of Dishonor is hereby waived. I undertake to pay an
additional penalty of Ten Percent (10%) per month and an additional penalty of One
_____________________ Name of Debtor Address: ______________ ______________________ CTC No.: ______________ Date: _________________ Place: _________________ WITNESSES: ___________________ ___________________