(Date)

_______________________________
_______________________________
_______________________________
_______________________________

Attention: __________________________
__________________________

Sir:
My client, _____________________, has referred to us __________ Check no.
____________________________ for appropriate legal action. You issued the said
check in favor of our client and which, when presented, were dishonored for
the reason of ________________________.

Moreover, pursuant to the provisions of the _________________ and by

reason of the dishonor of the aforementioned checks, the amount of
________________, exclusive of interest and charges, is now due and
demandable.

Since ____________, our client has repeatedly demand from you the
payment of the aforementioned amount, but you continued to refuse, which in
turn caused damage and prejudice to our client.

We hereby serve formal demand upon you to replace the same

dishonored check with cash in the total amount of _________________, inclusive
of penalties, interest, and other charges within five (5) banking days from
receipt hereof. If you fail replace the dishonored check as discussed above, we
shall, institute the appropriate criminal, civil and/or such other necessary
court actions against you for the protection of our client.

Please be advised.

Truly yours,

________________________________________

by personal service:
Date:
Recipient’s name and signature:

Moneycrest Credit Corporation

Statement of Past Due Amortization
as of July 2017

PN
Name: Debby Mordeno number: 20160028
Loan
Amount: 250,000.00
 No. of Past Due
Penalty
Amortization Months Interest
Check Date Check num (5% per Total
Amount Past (3% per
month)
Due month)

07/18/2016 28,350.00 1 1,417.50 1,417.50

09/18/2016 274377 28,350.00 9 7,654.50 12,757.50 48,762.00

10/18/2016 274378 28,350.00 8 6,804.00 11,340.00 46,494.00

11/18/2016 274379 28,350.00 7 5,953.50 9,922.50 44,226.00

12/18/2016 274380 28,350.00 6 5,103.00 8,505.00 41,958.00

01/18/2017 274381 28,350.00 5 4,252.50 7,087.50 39,690.00

02/18/2017 274382 28,350.00 4 3,402.00 5,670.00 37,422.00

03/18/2017 274383 28,350.00 3 2,551.50 4,252.50 35,154.00

04/18/2017 274384 28,350.00 2 1,701.00 2,835.00 32,886.00

05/18/2017 274385 28,350.00 1 850.50 1,417.50 30,618.00

Total 255,150.00 46 38,272.50 65,205.00 358,627.50

* Note: Penalty amount is subject to change depending on the actual payment date.
As of January 1,2017, there will no longer be a grace period. Penalty and additional interest will be computed.