Scribd
Upload
1K views2 pages

Promissory Note: Date Bank Check No. Amount

1. Juan Dela Cruz promises to pay ABC Condominium Corp. the amount of [amount] representing unpaid association dues from [dates] in six monthly installments by postdated check. 2. If the checks are dishonored, the full amount will become immediately demandable and ABC Condominium Corp. may pursue legal action. 3. Juan Dela Cruz signed the promissory note acknowledging receipt of a copy and swearing to its contents before a notary.

Uploaded by

Roselyn Joy Reyes
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
1K views2 pages

Promissory Note: Date Bank Check No. Amount

1. Juan Dela Cruz promises to pay ABC Condominium Corp. the amount of [amount] representing unpaid association dues from [dates] in six monthly installments by postdated check. 2. If the checks are dishonored, the full amount will become immediately demandable and ABC Condominium Corp. may pursue legal action. 3. Juan Dela Cruz signed the promissory note acknowledging receipt of a copy and swearing to its contents before a notary.

Uploaded by

Roselyn Joy Reyes
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

PROMISSORY NOTE

Know all by men these presents:

I, JUAN DELA CRUZ, of legal age, married/single, and a resident of


___________________________________, in accordance with law do hereby depose and state
that:

1. I am the registered owner of UNIT 123, ADDRESS;

2. I am delinquent in paying my association dues for _________ (__) months covering


the period from _____________ to ____________ amounting to
___________________________ (PhP_______________);

3. I promise to pay to the order of ABC Condominium Corp., the amount of


_____________________________________________ PESOS ONLY (PhP ______________)
representing my association dues for the period from ________________ to ________________
in six (6) equal monthly installments of _____________________________ PESOS payable
every _____________ (______) of the month commencing on ____________ to
__________________ and covered by the following postdated checks:

DATE BANK CHECK NO. AMOUNT

4. In case of default, such as when the checks are dishonored, the full amount of the
delinquency plus penalties and charges shall become demandable and the ABC Condominium
Corp. may file the necessary legal action in the proper forum.

IN WITNESS WHEREOF, I set my hand under seal this ______ day of


_____________________, 20______ and I acknowledge receipt of a completed copy of this
instrument.

____________________________
Maker-Affiant
Owner of Unit ________,
_____________________ Building

With our conformity:

BOARD OF TRUSTEE
President
ABC Condominium Corp.
Authorized under Board Resolution No._______

Administration Office
ABC COMPANY
Witnesses:

______________________________ ______________________________

REPUBLIC OF THE PHILIPPINES )


City of Pasig ) S.S.

SUBSCRIBED AND SWORN to before me this ________ day of


_______________________ 20______, affiant __________________________________,
personally appeared and signed this document consisting of two (2) pages including this page
showing to me his/her __________________________ identification card bearing her
photograph and signature as competent proof of identity.

DOC. NO. _______;


PAGE NO. _______;
BOOK NO. _______;

SERIES OF 20___.

Administration Office
ABC COMPANY

You might also like