The document is a promissory note. It states that Arcelene Zapico acknowledges owing P7,503 to KALEFMA FAR EAST CORP. for a previous debt. She promises to pay the amount plus 8% monthly interest of P563 by November 27, 2015. Failure to comply will allow the Corp. to foreclose on the mortgaged property according to their original loan contract. The document was signed, sworn to, and notarized on October 29, 2015 in Kalibo, Aklan.
The document is a promissory note. It states that Arcelene Zapico acknowledges owing P7,503 to KALEFMA FAR EAST CORP. for a previous debt. She promises to pay the amount plus 8% monthly interest of P563 by November 27, 2015. Failure to comply will allow the Corp. to foreclose on the mortgaged property according to their original loan contract. The document was signed, sworn to, and notarized on October 29, 2015 in Kalibo, Aklan.
The document is a promissory note. It states that Arcelene Zapico acknowledges owing P7,503 to KALEFMA FAR EAST CORP. for a previous debt. She promises to pay the amount plus 8% monthly interest of P563 by November 27, 2015. Failure to comply will allow the Corp. to foreclose on the mortgaged property according to their original loan contract. The document was signed, sworn to, and notarized on October 29, 2015 in Kalibo, Aklan.
The document is a promissory note. It states that Arcelene Zapico acknowledges owing P7,503 to KALEFMA FAR EAST CORP. for a previous debt. She promises to pay the amount plus 8% monthly interest of P563 by November 27, 2015. Failure to comply will allow the Corp. to foreclose on the mortgaged property according to their original loan contract. The document was signed, sworn to, and notarized on October 29, 2015 in Kalibo, Aklan.
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PROMISSORY NOTE
The undersigned acknowledges her indebtedness from KALEFMA FAR EAST
CORP., represented by LUCILLE F. EBUE, the amount of SEVEN THOUSAND FIVE HUNDRED THREE PESOS (P7,503.00), Philippine Currency, as remaining balance for my previous indebtedness which I failed to pay on the original scheduled period for payment. After a settlement with the said Corp., the undersigned hereby promises to pay the said amount plus FIVE HUNDRED SIXTY THREE PESOS (P563.00) representing the 8% monthly interest on NOVEMBER 27, 2015 or earlier as her means would permit. The undersigneds failure to comply with this undertaking shall entitle the Corp. to initiate an extrajudicial foreclosure of the mortgaged property in accordance with the original contract of loan between the parties. October 29, 2015, Kalibo, Aklan. ARCELENE ZAPICO Maker VIN: 0408-0024A-C1873AFZ200000
SUBSCRIBED AND SWORN TO before me this 29th day of October
2015, the affiant proved to me her identity using her above indicated Identification Card.
Doc. No. ______
Page No. ______ Book No. I I Series of 2015.
ROWENA MAE N. MENCIAS
Notary Public Capitol Site, Osmea Ave., Kalibo Aklan; PTR No. 4630329, Kalibo, Aklan, January 13, 2015; IBP No. 968800, Kalibo, Aklan, May 12, 2014; Roll No. 62828; MCLE Compliance Exempt; Notarial Commission No. 14 (2014-2015)