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CONTRACT OF LOAN

 This  AGREEMENT  is made on  March 01, 2016 ,

P  500,000.00 ,

DASOL , Philippines

( FIVE HUNDRED THOUSAND PESOS )

BETWEEN:

  MYRNA RAYRAY BAUTO , of legal age, married to,

ALBERTO LEASPI BAUTO ,

resident of 1! CALVO STREET, POBLACION, DASOL,

PANASINAN .

(LENDER)

AND:

  ED"IN MERETE MORADO , of legal age, single, resident of,

MALACAPAS, DASOL, PANASINAN .

#BORRO"ER$

Bac%&r'()*+

 The LENDER lends money to the BORRO"ER with se!rity. The LENDER 

and the BORRO"ER a"nowledge that all loans are made in aordane with the

rele#ant laws and reg!lations.

Th Par-/ A&r a/ F''/+

$.) B%&&%WE& promises to repay the '%AN to the 'ENDE& within three h!ndred

and sity*#e (+-) days from date hereof, together with interest at i#e Per/ent (-0) per month on said amo!nt from date hereof !ntil f!ll payment

thereof12.) B%&&%WE& is o3liged to settle the prinipal amo!nt on or 3efore the date it

is set to 3e paid1 and renew the ontrat if neessary1+.) 4n the e#ent the DEBT%& shall fail to pay the '%AN as it falls d!e, the !npaid

prinipal and ar!ed interest thereon shall, in addition to the stip!lated

interest, 3e s!35et to penalty interest at the same rate as the stip!lated

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interest ommening on the date immediately following the d!e date of the

'%AN !ntil f!ll payment of the entire o!tstanding amo!nt of the '%AN .

As the BORRO"ER wai#e any presentment for payment, protest and notie of non

payment of this note.

SINED+  6666666666666666666666666666 66666666666666666666666666666666 

  MYRNA RAYRAY BAUTO ED"IN MERETE

MORADO  (LENDER) (BORRO"ER)

SINED+  6666666666666666666666666666 66666666666666666666666666666666 

  RONALD E. RAYRAY LITO E.

RAYRAY   ("ITNESS) ("ITNESS)