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XIII NEGOTIABLE INSTRUMENT
A. PROMISSORY NOTES
Form No. 1--Acknowledgment of Debt
Form No. 2--Promissory
Note for Commercial Lending Financing
Form No. 3--Promissory
Note Joint or Multiple Makers
Form No. 4--Promissory
Note Simple Form
Form No. 5--Promissory
Note Simple Form with Interest
Form No. 6--Promissory
Note Simple Form with Interest Penalty and Attorneys Fee
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.
IN WITNESS WHEREOF, I have
hereunto set my hand this _____________
in _____________, Philippines.
AFFIANT
SIGNED IN THE PRESENCE OF:
__________________ __________________
(ACKNOWLEDGMENT)
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