Acknowledgment Of Debt.docx

ACKNOWLEDGMENT OF DEBT KNOW ALL MEN BY THESE PRESENTS: I, RIZALDY T. SINGAYEN, Filipino, of legal age, married and resident of Cotabato City after having been sworn to in accordance with law hereby depose and state that: 1. That I am indebted to REY VINCENT B. GERTOS, who is also of legal age, married, and resident of PC Hill, Rosary Heights 1, Cotabato City: a. Amount of loan for FIFTY THOUSAND pesos (P 50, 000.OO); b. Amount of interest paid for THIRTY SEVEN THOUSAND pesos (P 37,000.00) ; 2. That I hereby promise and undertake to pay the said indebtedness with the total amount of EIGHTY SEVEN THOUSAND PESOS (P 87,000.00) on or before June 30, 2019;

IN WITNESS WHEREOF, the parties have hereto set their hands this 1st day of February 2019 in Cotabato City, Philippines.

REY VINCENT B. GERTOS CREDITOR

RIZALDY T. SINGAYEN DEBTOR

Signed in the presence of:

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES ) COTABATO CITY ) S. S. X---------------------------------------------X BEFORE ME, a Notary Public for and in the City of Cotabato, personally appeared the following persons, with their respective Government issued ID’s as follows:

NAME

PROOF IDENTITY

OF

DATE & PLACE OF ISSUE

all known to me and to me known to be the same person who executed the foregoing instrument which they acknowledged to me to be their free and voluntary act and deed. This instrument consisting of two (2) pages including this page wherein this acknowledgement is written has been signed on the left margin of each and every page thereof by the parties and their instrumental witnesses. WITNESS MY HAND AND SEAL, this 1st day of February 2019, Cotabato City, Philippines. Doc. No. _____; Page No. _____; Book No. _____; Series of 2019 ;