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Affidavit of Release As Co-Maker

Eusebio C. Clavisillas executed an affidavit to withdraw as a co-maker for loans taken out by several members of the Misamis Occidental Employees Cooperative (MOEMCO). As a retired employee, he withdrew his capital stock from MOEMCO and is thereby released from any obligations as a co-maker for loans taken out by Sholem Kabanlit, Dante Jumawan, Petrus Gatela, Julius Paderanga, Philip John Calamba, Wilson Belingan, Efren Paderanga, and Joselito Calog. He attests that he is now free from any debts or obligations to MOEMCO.

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0% found this document useful (0 votes)
642 views2 pages

Affidavit of Release As Co-Maker

Eusebio C. Clavisillas executed an affidavit to withdraw as a co-maker for loans taken out by several members of the Misamis Occidental Employees Cooperative (MOEMCO). As a retired employee, he withdrew his capital stock from MOEMCO and is thereby released from any obligations as a co-maker for loans taken out by Sholem Kabanlit, Dante Jumawan, Petrus Gatela, Julius Paderanga, Philip John Calamba, Wilson Belingan, Efren Paderanga, and Joselito Calog. He attests that he is now free from any debts or obligations to MOEMCO.

Uploaded by

kent rickx pede
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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REPUBLIC OF THE PHILIPPINES)

CITY OF OROQUIETA ) S.S.

AFFIDAVIT OF RELEASE OF CO-MAKERSHIP

I, EUSEBIO C. CLAVISILLAS, Filipino, of legal age, and resident Siloy, Calamba,


Misamis Occidental, under oath, hereby depose and say that:

1. I am a member of Misamis Occidental Employees Cooperative (MOEMCO)


being a an employee of Provincial Engineers Office and severe my service
at the said office last February 29, 2021;

2. Being a member of the said MOEMCO, I was a co-maker of the many co-
members who applied for loan particularly to SHOLEM KABANLIT, DANTE
JUMAWAN, PETRUS GATELA, JULIUS PADERANGA, PHILIP JOHN
CALAMBA, WILSON BELINGAN, EFREN PADERANGA and JOSELITO
CALOG;

3. Since I retired already from service, I withdraw my capital stock in the


said MOEMCO and consequently be released from my obligation as a co-
maker of the abovementioned names;

4. I am already free from any obligations to MOEMCO nor indebted to any


amount;

5. I am executing this affidavit to attest to the truth of the foregoing facts


and for whatever legal purpose this may serve me.

IN WITNESS WHEREOF, I have affixed my signature this_______________ at


Oroquieta City, Philippines.

EUSEBIO C. CLAVISILLAS
Affiant

SUBSCRIBED AND SWORN TO before me, a notary public in and for


Oroquieta City this ________________. Affiant exhibited to me her PRC ID no. 0027789
issued by PRC, Cagayan de Oro.

Doc. No.: ____


Page No.: ____
Book No.: ____
Series of 2020

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