PROMISSORY NOTE

P800,000.00

FOR VALUE RECEIVED, I promise to pay without need of demand to the order of PLAINTIFF,
at his office/residence at ________, the principal amount of PESOS: Eight Hundred Thousand
(P800,000.00), 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.

DEFENDANT