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    Simple Loan

    Uploaded by

    Mark Rye
    This simple loan agreement is between Marivic Bernarte as the lender and Roberto L. Regodon and Dolores R. Frias as the borrowers. The borrowers will receive P280,000 from the lender with a term of 3 months. After 3 months, the borrowers must return P500,000 which includes interest. If the borrowers fail to pay back the amount, the lender can take legal action against them which includes 20% attorney's fees and other damages. The agreement is signed by all parties and witnessed.

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    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd

    Simple Loan

    Uploaded by

    Mark Rye
    918 views2 pages
    This simple loan agreement is between Marivic Bernarte as the lender and Roberto L. Regodon and Dolores R. Frias as the borrowers. The borrowers will receive P280,000 from the lender with a term of 3 months. After 3 months, the borrowers must return P500,000 which includes interest. If the borrowers fail to pay back the amount, the lender can take legal action against them which includes 20% attorney's fees and other damages. The agreement is signed by all parties and witnessed.

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    Simple Loan

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    This simple loan agreement is between Marivic Bernarte as the lender and Roberto L. Regodon and Dolores R. Frias as the borrowers. The borrowers will receive P280,000 from the lender with a term of 3 months. After 3 months, the borrowers must return P500,000 which includes interest. If the borrowers fail to pay back the amount, the lender can take legal action against them which includes 20% attorney's fees and other damages. The agreement is signed by all parties and witnessed.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    918 views2 pages

    Simple Loan

    Uploaded by

    Mark Rye
    This simple loan agreement is between Marivic Bernarte as the lender and Roberto L. Regodon and Dolores R. Frias as the borrowers. The borrowers will receive P280,000 from the lender with a term of 3 months. After 3 months, the borrowers must return P500,000 which includes interest. If the borrowers fail to pay back the amount, the lender can take legal action against them which includes 20% attorney's fees and other damages. The agreement is signed by all parties and witnessed.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 2

    SIMPLE LOAN AGREEMENT

    KNOW ALL MEN BY THESE PRESENTS:

    This Simple Loan Agreement made and executed into this


    ___________________________ by and between:

    MARIVIC BERNARTE, Filipino, of legal age, and a resident of


    Poblacion 1, Batangas, hereinafter referred to as the LENDER;

    - in favor of -

    ROBERTO L. REGODON, Filipino, of legal age, and a resident of


    B9 L5 PH2 Ext., Mabuhay city, Mamatid, Cabuyao, Laguna, and DOLORES R.
    FRIAS, Filipino, of legal age, and a resident of Brgy. Tabion del Gallego,
    Camarines Sur, hereinafter referred to as the BORROWERS;

    WITNESSETH: That - -

    WHEREAS, the BORROWERS are desirous to borrow money from


    the LENDER in the amount of TWO HUNDRED EIGHTY THOUSAND PESOS
    (P280,000.00);

    WHEREAS, the LENDER agrees to lend the amount of P280,000.00


    to BORROWER under the following terms and conditions;

    1. The term of the loan is for THREE (3) MONTHS which shall
    commence on ________________;

    2. After three (3) months, the BORROWERS shall return the


    amount of FIVE HUNDRED THOUSAND PESOS
    (P500,000.00) inclusive of interest;

    3. In case of failure of the BORROWERS to pay the amount of


    P500,000.00, the LENDER shall have no other recourse but to
    institute appropriate legal actions against the BORROWERS in
    court which shall entail payment of twenty (20%) percent
    attorney’s fees and other consequential damages.

    IN WITNESS WHEREOF, the parties have hereunto affixed their


    signatures this _________________________ at ___________________-.

    ___________________________ _________________________
    ROBERTO L. REGODON DOLORES R. FRIAS
    Borrower Borrower

    _________________________
    MARIVIC BERNARTE
    Lender
    Witnesses:

    1
    ____________________ ______________________

    REPUBLIC OF THE PHILIPPINES)


    ______________________ . . . . . . . ) S.S.

    Before me, a Notary Public for and in the Province of Cavite, this
    _______________________, personally appeared

    Names Valid Id#


    MARIVIC BERNARTE
    ROBERTO L. REGODON
    DOLORES R. FRIAS

    known to me to be the same persons who executed the foregoing instrument


    and acknowledged to me that the same is their free and voluntary act and deed.

    WITNESS MY HAND AND SEAL on the date and place above


    written.

    Doc. No. ___;


    Page No. ___;
    Book No. ___;
    Series of _____.

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