step three. Under the promissory note, the latest monthly premiums away from P1, to own one year definitely integrated already passion and you can charge to your dominant or even there would be no reason or explanation why an excellent financing out-of P10, would be more than just P15, up on the fresh new delivery of your promissory note;
4. Till the acceptance regarding the mortgage, brand new implicated try required as the a condition precedent to open a bank account also to point at a time and only the financing team the several postdated checks on a facial value of P1, per to correspond to the fresh new yearly installment payments in promissory note;
5. The brand new implicated unsealed the fresh new account with the BPI Relatives Lender however, because the membership was created without the deposit, a comparable are closed by the financial and in the same day it was started and you will through to the due date of the very first postdated have a look at;