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Gellie Vale Managbanag

Promissory Note

1. Payable on stated installment.September 27, 2015Cebu City

I promise to pay Romulo Neri or order the sum of Eight Hundred Thousand Pesos (Php800,000.00) in five equal annual installments beginning July 27, 2016.

Gellie Vale T. Managbanag

First ExampleSecond ExampleJanuary 3, 2015Cebu City

Php75,000.00

For the value received, I promise to pay Francis Joseph GuevaraEscudero or bearer the sum of Seventy-Five Thousand Pesos (Php75,000.00) payable in three installments as follows:

Php25,000.00 on March 28, 2015Php30,000.00 on June 5, 2015Php20,000.00 on August 16, 2015


2. Payable on stated installment with acceleration clause.

First ExampleOctober 1, 2015Cebu City

For the value received, I promise to pay, in lawful money of the Republic of the Philippines, Robert Jaworski or order the sum of Six Hundred Thousand Pesos (Php600,000.00) in four installments as follows:

Php20,000.00 on December 25, 2015Php35,000.00 on February 5, 2016Php15,000.00 on April 15, 2016Php50,000.00 on May 4, 2016

In the event of default in the payment of any of the said installments when due as herein provided, time being of the essence hereof, the holder of this note may, without notice or demand, declare the entire principal sum then unpaid immediately due and payable.


Second ExampleJanuary 5, 2016Cebu City

Php50,000.00

I promise to pay Cynthia Villar or bearer the sum of Fifty Thousand Pesos (Php50,000.00) payable in three Equal monthly installments Beginning June 5, 2016.In the event of default in the payment of any of the said installments when due as herein provided, time being of the essence hereof, the holder of this note may, without notice or demand, declare the entire principal sum then unpaid immediately due and payable.


3. Payable to the order of a fictitious person.

First ExampleNovember 16, 2015Cebu City

I promise to pay, in lawful money of the Republic of the Philippines, to the order of Barbarian King One Hundred Twenty Thousand Pesos(Php120,000.00) forty-five(45) days after sight.



Php260,000.00

I promise to pay to the order of Archer Queen in the amount of Two Hundred Sixty Thousand Pesos(Php260,000.00) payable on or before June 5, 2016.


4. Payable to a payee which does not purport to be a name of person.

First ExampleFebruary 14, 2015Cebu City

I promise to pay to the order of Jaminjik Uzuklovakia One Hundred fifty Thousand Pesos (Php150,000.00) twenty(20) days after sight.


Second ExampleMarch 30, 2015Cebu City

I promise to pay to the order of Jenet Bandru in the amount of Six Thousand Pesos (Php6,000.00) payable on or before December 3, 2016.


5. Payable to order.

First ExampleJanuary 3, 2016Cebu City

I promise to pay Rodrigo Roa Duterte or order the sum of Two Thousand Pesos (Php2,000.00) fifty (50) days after date.Gellie Vale T. Managbanag


Php32,000.00

I promise to pay Manuel Araneta Roxas II or order the sum of Thirty-Two Thousand Pesos (Php32,000.00) payable on or before October 1, 2016.


6. Payable on demand.

First ExampleMay 1, 2015Cebu City

For value received, I promise to pay Miriam Defensor Santiago or order the sum of Eighty-Five Thousand Pesos (Php85,000), together with interest of 12% per annum on the unpaid balance. The entire unpaid principal and any accrued interest shall be fully and immediately payable upon demand of any holder hereof.Gellie Vale T. Managbanag

Second ExampleOctober 16, 2015Cebu City

Php21,300.00

I promise to pay MaryGracePoeLlamanzares or bearer the sum of Twenty-One Thousand Three Hundred Pesos (Php21,300.00) payable on September 25, 2016.


7. Payable at a fixed date.


For value received, I promise to pay Alan Peter Schramm Cayetano or bearer the sum of Ten Thousand Pesos (Php10,000), together with interest of 12% per annum. The entire unpaid principal and any accrued interest shall be fully paid on March 26, 2016.



For value received, I promise to pay FerdinandBongbong Marcos, Jr. or order the sum of Twelve Thousand Pesos (Php12,000) on March 26, 2016.


8. Payable after a fixed period after date.


I promise to pay Richard JuicoGordon or bearer the sum of Five Thousand Pesos (Php5,000) twenty-five(25) days after date.



For the value received, I promise to pay Antonio Pimentel, Jr. or order the sum of Three Thousand Pesos (Php3,000) twenty-five(25) days after date.


Bill of Exchange

1. Payable on stated installment.September 27, 2015Cebu City

Pay to Ralph Gonzales Recto or order the sum of Six Hundred Thousand Pesos (Php600,000.00) in five equal annual installments beginning September 27, 2016.


To: Jerreleane Mae S. CanoyBasak, PardoCebu City, Philippines

First Example

Second ExampleFebruary 21, 2015Cebu City

Php75,000.00

Pay to Jesus Jose Cabauatan Binay or bearer the sum of Forty-Eight Thousand Pesos (Php48,000.00) payable in three installments as follows:

Php13,000.00 on april 23, 2015Php15,000.00 on July 15, 2015Php20,000.00 on September 12, 2015


To: Cherry Jean G. FloresBanilad, Mandaue City

2. Payable on stated installment with acceleration clause.First ExampleJune 1, 2015Cebu City

Pay, in lawful money of the Republic of the Philippines, to Maria Lourdes Nancy Sombillo Binay or order the sum of Nine Thousand Pesos (Php9,000.00) in two installments as follows:

Php4,000.00 on September 5, 2015Php5,000.00 on December 8, 2015

In the event of default in the payment of any of the said installments when due as herein provided, time being of the essence hereof, the holder of this note may, without notice or demand, declare the entire principal sum then unpaid immediately due and payable.


To: Chemny C. ArranchadoTalamban, Cebu City

Second ExampleMay 12, 2015Cebu City

Php24,000.00

Pay to Franklin Magtunao Drilon or bearer the sum of Twenty-Four Thousand Pesos(Php24,000.00) payable in six equal quarterly installments Beginning June 30, 2015.In the event of default in the payment of any of the said installments when due as herein provided, time being of the essence hereof, the holder of this note may, without notice or demand, declare the entire principal sum then unpaid immediately due and payable.


To: Ethel T. ElicAlcantara, Cebu

3. Payable to the order of a fictitious person.

First ExampleNovember 16, 2015Cebu City

Pay, in lawful money of the Republic of the Philippines, to the order of Witch Princess One Hundred twenty Thousand Pesos(Php120,000.00) on presentation.


To: Mariciela A. LendioMabolo, Cebu City

Second ExampleDecember 8, 2015Cebu City

Php1,000.00

pay to the order of Prince Wizard in the amount of One Thousand Pesos(Php1,000.00) payable on or before May 21, 2016.


To: Sheena Mae QuisidoBohol

4. Payable to a payee which purports to be a name of person.


Pay to Jaja Mamanla Fifty-Four Thousand Pesos (Php54,000.00) fifteen(15) days after date.


To: Carla Kyahe S. DayaganonDanao, Cebu

Second ExampleApril 30, 2015Cebu City

Pay to the order of Jeje Banyuk in the amount of Sixty-One Thousand Pesos (Php61,000.00) payable on presentation.


To: Jessa S. GeraldizoCebu City

5. Payable to the order of drawer.


Pay to the order of myself Eighty-Seven Thousand Pesos (Php87,000.00) on or before June 29, 2017.Gellie Vale T. Managbanag

To: Fel Rose AdonisLahug, Cebu City

Second ExampleFebruary 28, 2015Cebu City

Php165,000.00

Pay to the order of myself the sum of One Hundred Sixty-Five Thousand Pesos (Php165,000.00) payable on demand.


To: Kenneith Andrew B. YapCebu City

6. Payable on demand.


Pay to Joseph Ejercito Estrada or bearer the sum of Twenty-Six Thousand Four Hundred Twenty-Three Pesos (Php26,423), together with interest of 3% per annum on the unpaid balance. The entire unpaid principal and any accrued interest shall be fully and immediately payable upon demand of any holder hereof.Gellie Vale T. Managbanag

To: Maria Lourdes M. MartinezTabok, Mandaue City

Second ExampleOctober 6, 2015Cebu City

Php21,300.00

Pay to Erik Alan Pimentel Bernavides or order the sum of Ninety-Five Thousand Pesos (Php95,000.00) payable on January 2, 2016.


To: Dominic U. SkibbaMinglanilla, Cebu City

7. Payable after the occurrence of a specific event.


Pay to Loren Regina Bautista Legarda or bearer the sum of Eighteen Thousand Pesos (Php18,000), together with interest of 10% per annum. The entire unpaid principal and any accrued interest shall be fully paid on the first day of classes in the first semester of school year 2016-2017.


To: Carlo L. CastroT. Padilla, Cebu City


Pay to Manuel Mercado Lapid or order the amount Eleven Thousand Pesos (Php11,000) during the Presidential Election 2016.


To: Nazareth J. QuiboyPunta Princesa, Cebu City

8. Payable after a fixed period after date.


Pay to Juan Ponce Enrile or bearer the sum of Five Hundred Thousand Pesos (Php500,000) sixt-five(65) days after date.


To: Yolanda S. VillamorLiloan, Cebu


Pay to Gregorio Ballesteros Honasan II or order the sum of Sixty-Four Thousand Pesos (Php64,000) eighty-eight(88) days after date.


To: Kerinna Merin T. AtilloGuadalupe, Cebu City

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