Promissory Note between Oaxaca Resources Corp. and Jose Othnoiel Gonzalez Montes dated April 28, 2014
Oaxaca Resources Corp., a Nevada corporation, agrees to pay Jose Othnoiel Gonzalez Montes $22,000 plus 6% annual interest by December 31, 2018. The note is governed by Nevada law. The agreement sets a clear repayment deadline and specifies the interest rate, with time being a critical factor for repayment.
PROMISSORY NOTE
April 28, 2014
FOR VALUE RECEIVED, Oaxaca Resources Corp., a Nevada Corporation, promises to pay Jose Othnoiel Gonzalez Montes, on or before December 31, 2018, the amount of Twenty Two Thousand Dollars ($22,000.00) in the currency of the United States, plus simple interest on the principal amount of this Promissory Note accrued at a rate of 6% per annum.
Time shall be the essence of this Promissory Note.
This Promissory Note shall be governed by and constituted in accordance with the laws of the State of Nevada.
OAXACA RESOURCES CORP.
Per /s/ Jose Othnoiel Gonzalez Montes
Jose Othnoiel Gonzalez Montes, Pres., CEO, CFO
