Sample Contract of Loan

CONTRACT OF LOAN KNOW ALL MEN BY THESE PRESENTS: This Deed is made and executed b and bet!een:  ____________ " #i$i%in&" &' $e(a$ a(e" and a )es )esident &' *S H&mes Subd Su bdi+ i+is isi& i&n" n" Pu Pu)& )&, , Ma Ma$a $a,a ,as" s" -ene -ene)a )a$$ Sa Sant nt&s &s .it .it"" he)e he)ein ina' a'te te)) )e'e )e'e)) ))ed ed t& as .RED/TOR" .RED/TOR" and0  ______________ " #i$i%in&" &' $e(a$ .it he)eina'te) )e'e))ed t& as DEBTOR0 DEBTOR0

a(e and a )esident &'

-ene)a$ Sant&s

WITNESSETH

That the DEBTOR is desi)&us &' b&))&!in( the am&unt &' SIXTY THOUSAND (P60,000.00) PESOS" Phi$i%%ine .u))enc !hi$e the .RED/TOR is !i$$in( and ab$e t& $end the said am&unt" sub1ect t& the '&$$&!in( te)ms and c&nditi&ns: SIXTY THOUSAND THOUSAND 23 That the .RED/TOR sha$$ c&n+e the am&unt &' SIXTY (P60,000.00) PESOS t& the DEBTOR u%&n executi&n &' this .&nt)act0

43 That That the the DEBT DEBTOR OR sha$ sha$$$ %a %a the the .RED .RED/T /TOR OR the the a'&) a'&)em emen enti ti&n &ned ed am&u am&unt nt $&aned &n &) be'&)e Decembe) 45" 46240 73 That in case case &' 'ai$u)e 'ai$u)e &n the %a)t &' the DEBT DEBTOR OR t& %a the the am&unt $&aned $&aned in 'u$$ at its a'&)ementi&ned matu)it date" then the .RED/TOR sha$$ cha)(e a %ena$t %ena$t  am&unt am&untin( in( t& a c&m%&u c&m%&unde nded d Ten %e)cent %e)cent 8269 8269 inte)e inte)est st %e) m&nth &' the t&ta$ am&unt due unti$ 'u$$ %ament the)e&'0 ;3 That in case the c&u)t c&u)t inte)+enti&n inte)+enti&n sh&u$d sh&u$d bec&me bec&me necessa) necessa) and ine+itab$e" ine+itab$e" the the DEBT DEBTOR OR sha$ sha$$$ be $iab $iab$e $e '&) '&) the the c& c&u) u)tt and and $iti $iti(a (ati ti&n &n ex%e ex%ens nses es and and att&)ne
thei)

ANA TENEBRO TENEBRO CANONIYO CANONIYO Debt&)

S/-NED /N THE PRESEN.E O#: 2 3 >>>>>>>>>>>>>>>>>>>>>> 43 >>>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>>>

 A C K N O W L E D G M E N T REP?BL/. O# THE PH/L/PP/NES  -ENERAL SANTOS ./TYS3 S3 @@

BEFORE ME" this 25th da &' Oct&be) " 4624 4624 in -ene)a$ Sant&s .it" .it" %e)s&na$$ a%%ea)ed:  ___________ P)&'essi&na$ D)i+e)
,n&!n t& me t& be the same same %e)s&n !h& executed executed the '&)e(&i '&)e(&in( n( inst)umen inst)umentt and the ac,n&!$ed(ed t& me that the same is thei) &!n ')ee" +&$unta) act and deed3 WITNESS MY HAND AND SEAL.