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FOR VALUE RECEIVED, I promise to pay without need of demand to the order
of Juan de Dios, at his office at Dr. #8 Topaz St., Bajada, Davao City, the
principal amount of Five Hundred Thousand Pesos (P500,000.00), Philippine
Currency, on or before August 01, 2010. In addition to the foregoing, I
promise to pay an interest rate of One percent (1%) every month,
commencing from the month of February 2010 until this note is fully paid.
(Sgd)
Pedro Santos
However, up to the present, you have not acted on our client’s demand to
pay him the aforementioned amount. Hence, we are giving you a period of
Five (5) days from receipt hereof to pay him the amount of Five Hundred
Thousand Pesos (P500,000.00), representing the principal amount and the
amount of Thirty Five Thousand Pesos (P35,000.00) representing the total
monthly interest. Please deliver the amount in our office anytime between
9:00a.m.–5:00p.m. Our office is located Dr. #4 JVM Bldg., Bajada, Davao City
If you still fail and / or refuse to settle the same, we will be constrained to
resort to legal action to protect the interests of our above-named client, in
which case requires you to additional costs and expenses.
Hoping that you will give this matter your favorable attention and immediate
action.
Truly yours,
JUAN DE DIOS,
Plaintiff,
PEDRO SANTOS,
Defendants.
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COMPLAINT
under the laws of the Philippines with principal office at Dr. #8 Topaz St.,
Bajada, Davao City. They may be served with notices, orders and processes
with residence at #3 Opal St., Marfori Heights, Davao City, where he may be
rate of One percent (1%) every month, commencing from the month of
rate of One percent (1%) every month and therefore plaintiff, through his
principal amount of Five Hundred Thousand Pesos (P500, 000.00) plus Thirty
8. That all other subsequent demands made by the plaintiff were all
PRAYER
amount.
3. Costs of litigation.
and existing under the laws of the Philippines with principal office at Dr. #8
Topaz St., Bajada, Davao City, after having sworn to in accordance with law,
2. That I caused the preparation of this complaint, and have read it;
and the contents thereof are true and correct of my personal knowledge and
3. That I further certify that I have not commenced any action or filed
any claim involving the same issued in any court, tribunal or quasi-judicial
agency, and there is no other action or claim pending therein; that if there is
any such pending action or claim or similar action or claim is pending, I shall
immediately report that fact to this Honorable Court, within five (5) days from
knowledge thereof.
JUAN DE DIOS
Affiant