PROMISSORY NOTE

P_____________

FOR VALUE RECEIVED, I promise to pay without need of demand to the order of __Payee__, at his office at
_____________, the principal amount of PESOS: __________________________ (P_____________), on or before
_____________. In addition to the foregoing, I promise to pay monthly interest at the rate of _____________ (_______%)
percent, without need of demand, starting from the month of _____________ until this note is fully paid.

__Date__, _____________, Philippines.

Maker

PROMISSORY NOTE

P_____________

FOR VALUE RECEIVED, I/We jointly and severally promise to pay without need of demand to the order of __Name of Payee__, at
its office at _____________, Philippines, the sum of PESOS: __________________________ (P_____________), payable in
installment for a period of _____________ months at the rate of __________________________ (P_____________) per
_____________, starting on _____________ until fully and completely paid.

Time is declared of the essence hereof and in case of default in the payment of any installment due, all the other instalments shall
automatically become due and demandable together with all interest that may have accrued and shall make me liable for the additional
sum equivalent to _____________ (____%) percent per month based on the total amount due and demandable as penalty, compounded
monthly until fully paid; and in case it becomes necessary to collect this note through any Attorney-at-Law, the further sum of
_____________ (____%) percent thereof as and for attorney's fees, which shall not be less than P_____________ in any event, exclusive
of costs and judicial/extra-judicial expenses Moreover, I further empower the holder or any of his authorized representative(s), at his
option, to hold as security therefore any real or personal property which may be in my possession or control by virtue of any other
contract.

In case of extraordinary change in value of the peso due to extraordinary inflation or deflation or any other reason, the basis of payment
for this note shall be the value of the peso at the time the obligation was incurred as provided in Article 1250 of the New Civil Code.

DEMAND AND NOTICE OF DISHONOR WAIVED. I hereby waive any diligence, presentment, demand, protests or notice of non-
payment or dishonor pertaining to this note, or any extension or renewal therefore. Holder(s) may accept partial payment(s) and grant
renewals or extensions of payment reserving its/their rights against each and all indorsers, and all parties to this note. Acceptance by
holder(s) of any partial payment(s) after due date shall not be considered as extending the time for payment or as a modification of any
conditions hereof.

All actions arising from or connected with this note shall be brought exclusively in the proper courts of Bacolod City, Philippines; and
in case of judicial execution of this obligation or any part of it, the debtor waives all rights under the provisions of Rule 39 Sec. 13, of
the Rules of the Court.

__Date__, _____________, Philippines.

MAKER
12 August 2013

MARIA C. SANTOS
111 Bonifacio Street, Canumay East,
Valenzuela City

Madam:

We write in behalf of our client, ABCD Financial Services, Inc., the matter of your non-payment of your obligation.

Records disclose that you have an outstanding obligation with our client in the amount of Php100,000.00 inclusive of interest
and surcharges. Despite repeated demands, you failed and continuously fail to pay the aforesaid amount.

Accordingly, FINAL DEMAND is hereby made upon you to settle the amount of Php100,000.00 within FIFTEEN (15)
days from receipt of this letter. Otherwise, we will be constrained to file the necessary legal action against you to protect
the interest of our client.

We trust that you will give this matter your prompt and preferential attention to avoid the expense and inconvenience of
litigation.

Truly yours,

ATTY. JUAN C. DELA CRUZ

February 10, 2008

MARIA C. SANTOS
111 Bonifacio Street, Canumay East,
Valenzuela City

Dear Madame:

This letter will serve as formal notice to you that you are in default of your obligation to repay the
sum of which was loaned to you on plus interest in the amount of . The total
amount of is now overdue and you have failed to repay the same despite repeated requests for payment by our us.

Unless payment of the above amount is received by us in full within ten (10) days of the date of this letter, we will have no alternative
but to exercise whatever rights and remedies we have under the law to enforce such payment, including but not limited to institution
of legal proceedings against you to recover the above amount, together with accrued interest and legal expenses.

Kindly govern yourself accordingly.

Yours truly,