Promissory Note 474s2e

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 undersigned’s 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, Osmeña 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)