Promissory Note Letter

February 15, 2010

I, Roland S. dela Cruz, am promise to pay my legal obligation of Php 95,000.00 to ABC Development Corporation as balance of payment for Lot 12 Blk 05 where I already received the Original Title (TCT No. 025-2484257) upon the release of my bank loan.

The estimated release of my bank loan will be on or before March 30, 2010. If I failed to pay the said amount, legal charges will be filed against me by ABC Development Corporation and additional of 12% will be incurred to the total balance.

Sign

Roland S. dela Cruz