Personal Loan Agreement

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PERSONAL LOAN AGREEMENT

Loan Amount:

_________________________________________ Pesos ( ₱______________ )


In words

Date: __________, 20 ____

I. THE PARTIES. For the above value received by _______________________


with a mailing address of _____________________________(the Borrower),
agrees to pay Mrs. Evelyn M. Cruz with mailing address of #6 Bucad St.,
District 2, Tumauini, Isabela (the Lender).

II. PREPAYMENT. This agreement shall be due and payable, including the
principal and accrued interest rate at __________ in any of the following:

Daily payment beginning on ___________________.


One per week beginning on ________________ and to continue every
seven (7) days until the balance is paid.
One per month beginning on ________________ and payment is due
on the ___________ of every month until the balance is paid.
Others _________________________________________________

All payments made by the Barrower are to be applied first (1st) to any accrued
interest and then to the principal balance. The total amount of loan shall be
due and payable on the _______ day of _____________, 20____.

III. The Borrower has the right to pay back the loan in-full at any time within the
agreed duration of payment.

Borrower’s Signature: _____________________ Name: _________________ Date: ________

Lender’s Signature: _______________________ Name: _________________ Date: ________

Witness’s Signature: ______________________ Name: _________________ Date: ________


PERSONAL LOAN AGREEMENT
Loan Amount:

_________________________________________ Pesos ( ₱______________ )


In words

Date: __________, 20 ____

I. THE PARTIES. For the above value received by ______________________


with a mailing address of ____________________________(the Borrower),
agrees to pay Mr. Yvan Jerome M. Cruz with mailing address of #6 Bucad
St., District 2, Tumauini, Isabela (the Lender).

II. PREPAYMENT. This agreement shall be due and payable, including the
principal and accrued interest rate at __________ in any of the following:

Daily payment beginning on ___________________.


One per week beginning on ________________ and to continue every
seven (7) days until the balance is paid.
One per month beginning on ________________ and payment is due
on the ___________ of every month until the balance is paid.
Others _________________________________________________

All payments made by the Barrower are to be applied first (1st) to any accrued
interest and then to the principal balance. The total amount of loan shall be
due and payable on the _______ day of _____________, 20____.

III. The Borrower has the right to pay back the loan in-full at any time within the
agreed duration of payment.

Borrower’s Signature: _____________________ Name: _________________ Date: ________

Lender’s Signature: _______________________ Name: _________________ Date: ________

Witness’s Signature: ______________________ Name: _________________ Date: ________

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