REPUBLIC OF THE PHILIPPINESREGIONAL TRIAL COURT

City of MandaluyongBranch 1

PAUTANG INCORPORATEDrepresented by Asiong Aksaya, President,                          

Plaintiff,                                                                            CIVIL CASE No. 0001                          -versus-                                        FOR: Collection of sum

of moneyGARY GASTOS,                          

Defendant.

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COMPLAINT

  COMES NOW, the plaintiff, through the undersigned counsel and unto this Honorable Court, most respectfully avers:

1. That the plaintiff, is a finance and lending corporation duly organized and existing under the Laws of the Philippines, having its principal office at 68 Shaw Blvd, Mandaluyong City;

2. That the defendant, GARY GASTOS, is of legal age, Filipino citizen, single, with residence and postal address at 69 Shaw Blvd, Mandaluyong City, where they may be served with summons and other court processes;

3. By virtue of a contract of loan executed June 1, 2013 hereto attached as Annex "A", the defendant obtained a loan from the plaintiff in the sum of Eight Hundred Thousand Pesos (P800,000.00) Philippine Currency, with the following terms and conditions among others:

a. The principal loan obligation shall be payable in 1 year from the execution of the agreement;

b. The principal shall be paid on installment basis on which there will be 4 payments of One Hundred Twenty Five Thousand Pesos (P125,000) and last payment of Four Hundred Twenty Five Thousand Pesos (P425,000);

c. The 1st payment of the installment amount shall be paid on the month of September 2013, 2nd payment on December 2013, 3rd payment on March 2014 and the last payment on June 2014;

d. The principal loan obligation shall incur an interest of 10% per month compounded in the event of delay in payment.

4. The defendant failed to pay the last installment amount of FOUR HUNDRED TWENTY FIVE THOUSAND PESOS (P425,000) for the last payment month of June 2015;

5. On July 1, 2014, defendant executed a promissory note in favor of the plaintiff in the amount of P 425,000 payable within 30 days from the date of the promissory note hereto attached as Annex "B" which reads as follows:

Mandaluyong, Philippines1 July 2014

I promise to pay PAUTANG INC. the sum of P125,000 or order

within 30 days from this date.

GARY GASTOS

6. That the 30-day period had elapsed and despite demands made orally and in writing (attached as “Annex C”) by the plaintiff, defendant refused and failed to pay the amount stated in the promissory note.

7. That due to the unjust refusal of defendant to comply with the demands, plaintiff was compelled to file the instant action engaging the services of counsel in the amount of P50,000.

WHEREFORE, premises considered, it is most respectfully prayed unto this Honorable Court that, after hearing, judgment be rendered ordering the defendant:

1. To pay the amount of P425,000 due last June 30, 2014 with interest;2. To pay the plaintiff the cost of the suit.

  City of Mandaluyong, January 1, 2015.

                      ABAD AND AGRA LAW OFFICE

                                          Counsel for the Plaintiff                                          Antipolo City

                                                                  By:                                                                      La Verne A. Abad                                                         Roll of Attorney No. 00001

                                      IBP No. 12345/2-5-12/Antipolo                                                   PTR No. 87654/12-22-11/Antipolo

MCLE Compliance Certificate No. 00001/ 1/1/2015/Antipolo

By:                                                                      Jeare Agra

                                                        Roll of Attorney No. 00002                                       IBP No. 12345/2-6-12/Antipolo

                                                   PTR No. 87654/12-23-11/AntipoloMCLE Compliance Certificate No. 00002/ 1/2/2015/Antipolo

VERIFICATION/CERTIFICATION OF FORUM SHOPPING

Republic of the Philippines )City of Mandaluyong           ) S.S.

  I, Asiong Aksaya, President of PAUTANG INC, located at at 68 Shaw Blvd, Mandaluyong City, under oath, do hereby depose and state that:

1. That I am the plaintiff in the above-entitled case;2. That I have caused the preparation of the foregoing complaint and have read

the allegations contained therein;3. The allegations in the said complaint are true and correct of my own

knowledge and authentic records;4. I hereby certify that I have not commenced any other action or proceeding

involving the same issues in any court, tribunal or quasi-judicial agency and, to the best of my knowledge, no such other action or claim is pending therein;

5. That if I should learn thereafter that a similar action or proceeding has been filed or is pending, I hereby undertake to report that fact within five (5) days therefrom to the court or agency where the original pleading and sworn certification contemplated herein have been filed;

6. I executed this verification/certification to attest to the truth of the foregoing facts and to comply with the provisions of Adm. Circular No. 04-94 of the Honorable Supreme Court.         

IN WITNESS WHEREOF, I have hereunto affixed my signature this 1st of January 2015, in the City of Mandaluyong.

                                                                                                             Asiong Aksaya

Affiant

          SUBSCRIBED AND SWORN to before me this 1st day of January, 2015, in the City of Mandaluyong, affiant exhibiting to me:

ID No. Issued on/Issued at1. Drivers License 12345 June 1 2013/Mandaluyong City2. SSS 12345 June 1 2002/Mandaluyong City

                                ATTY. HIMALA                                                      Notary Public

                            My Commission Expires Dec. 31, 2015                           Roll of Attorney No. 45456

                   IBP No. 12345/2-5-12/Mandaluyong                                       PTR No. 87654/12-22-11/Mandaluyong

Doc. No. __1____Page No. __1____Book No. __1____Series of 2015.