PROMISSORY NOTE I, ______________________, of legal age, Filipino and a _______________________, who is a current member of Ceby City Medical Purpose Cooperative (CCMC-EMPC), promised to pay the ______________________ (Php ____________) representing my outstanding cooperative including an interest rate at _________ (___%) per month.
resident of Center Multiamount of loan with the
The above-mentioned amount is due and demandable on ______________________ without
need of demand. If we will fail to pay cooperative on the scheduled due date, then I will be liable for whatever legal expenses the cooperative will incur in enforcing its legal claim including attorneys fees.