SPENDWISELY LENDING CO.

PN No. _________________
Due____________________
Date____________________

Php_______________________
FOR VALUE RECEIVED, I/WE, jointly and severally, promise to pay to
SPENDWISELY LENDING CO., or order, at its office at
_____________________________________, the principal sum of
_____________________________________________PESOS (Php_____________),
Philippine Currency, with interest thereon at the rate of ________ percent (_____%) per
month, payable in the following manner, until the whole sum of principal and interest
shall have been fully paid:

terms and start of payment

Upon default of payment of any installment when due, all the other installments
shall become due and payable. Interest not paid when due shall be added to and
become part of the principal and shall likewise bear interest at the same rate
compounded monthly.