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Promisory Note: HUNDRED FIFTY PESOS (P289,650.00) Philippine Currency, in Favour of MR

Jomarie Tanguilan, a member of the Philippine National Police, acknowledges failing to remit P289,650 to Michael Mark C. Salomon which was due on July 16, 2022. Tanguilan promises to pay the full amount plus 10% annual interest by December 30, 2022 without further demand, to settle the overdue debt. The promissory note is signed by Jomarie Tanguilan.

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0% found this document useful (0 votes)
37 views

Promisory Note: HUNDRED FIFTY PESOS (P289,650.00) Philippine Currency, in Favour of MR

Jomarie Tanguilan, a member of the Philippine National Police, acknowledges failing to remit P289,650 to Michael Mark C. Salomon which was due on July 16, 2022. Tanguilan promises to pay the full amount plus 10% annual interest by December 30, 2022 without further demand, to settle the overdue debt. The promissory note is signed by Jomarie Tanguilan.

Uploaded by

nicholo
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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November 11, 2022

PROMISORY NOTE

I, JOMARIE TANGUILAN, an active member of the Philippine National


Police, currently assigned at the SG OFFICE PNP PRO2, Camp Marcelo
Adduru, Tuguegarao City, Cagayan, do hereby acknowledge that I failed to
remit the amount of TWO HUNDRED EIGHTY NINE THOUSAND SIX
HUNDRED FIFTY PESOS (P289,650.00) Philippine Currency, in favour of Mr.
Michael Mark C. Salomon which became due and demandable in July 16,
2022.

That due to my failure to remit, I promise to pay the said amount without
need of further demand on or before December 30, 2022 including
accumulated interest of 10 percent (10%) commencing from the time I
defaulted (July 16, 2022) until I fully pay (on or before December 30, 2022).

Signed:

JOMARIE TANGUILAN

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