PROMISSORY NOTE

City of Tacloban
April 15, 2013

For the value received, the undersigned hereby acknowledges

herself as indebted to Ma. LEIZL B. ROSALES, (the lender) and
promise to pay the principal sum and/or the total amount of Sixty-Two
Thousand Five Hundred Pesos (Php 62,500.00) Philippine Currency,
on or before the 30th day of July 2013.

____________________________
Signed in the presence of witnesses:

[1]____________________
____________________

[2]

Ms. NIA ARLYN L. BRIONES

Borrower