Promissory Note between Mascota Resources Corp. and Maria Ernestina Virgen Ponce dated April 24, 2013

Contract Categories: Business Finance › Note Agreements
Summary

Mascota Resources Corp., a Nevada corporation, agrees to pay Maria Ernestina Virgen Ponce $38,500 plus 6% annual simple interest by December 31, 2016. The note is governed by Nevada law. This document sets out the repayment terms and the obligation of Mascota Resources Corp. to repay the specified amount within the agreed timeframe.

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EX-10.3 8 masc_10-3.htm PROMISSORY NOTE ex10.3


PROMISSORY NOTE



April 24, 2013


FOR VALUE RECEIVED, Mascota Resources Corp., a Nevada Corporation, promises to pay Maria Ernestina Virgen Ponce, on or before December 31, 2016, the amount of Thirty Eight Thousand and Five Hundred ($38,500.00) 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.



MASCOTA RESOURCES CORP.



Per /s/ María Ernestina Virgen Ponce

     María Ernestina Virgen Ponce, Pres., CEO, CFO