PROMISSORY NOTE

Know all men by these presents:

I, _____________________________, of legal age, Filipino citizen, __________ (status)

with mailing address at
______________________________________________________________________________
hereby acknowledge and agree that if, after evaluation of my documents, my loanable amount
thru Pagibig/Bank is not sufficient to cover the amount of loan as stated in the RESERVATION
AGREEMENT, I AM WILLING TO PAY ADDITIONAL EQUITY. This is in connection with my
purchase of a unit, specifically described as follows :
PROJECT/PHASE/BLDG: Total Contract Price (TCP)
BLDG/UNIT NO: Reservation
MODEL: Discount (if any)
FLOOR AREA Net TCP
RESERVATION DATE: 30% Equity
RA # __________________
SIGNING DATE: NET EQUITY PHP
Less : Payments made __________________

Mo. Amort.( 32 mos 0% interest)

Starting Date:
70% Balance:

IN WITNESS WHEREOF we have hereunto signed these presents at ______________, day of

_____________, 200___.

_________________________________ ______________________
BROKER/AGENT BUYER/OWNER

Signed in the presence of:

_________________________________ ________________________________

Acknowledgement
REPUBLIC OF THE PHILIPPINES
)SS

BEFORE ME, a Notary Public in ____________________, this ____________ day of

__________, 200___ appeared before me with their Community Tax certificates:

NAME CTC N0. DATE/PLACE ISSUED

___________________ _________________________ ________________________
___________________ _________________________ ________________________

Known to me and to me known to be the same persons who executed the foregoing instrument
and acknowledge before me as his/her/their free and voluntary act and deed.

WITNESS MY HAND AND SEAL on the date and place written above.

Doc. No. ______

Page No. ______
Book No. ______
Series of 200___