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f. Notarized Surety Contract executed from the handling stockholders each individual otherwise gang of individuals whose stockholdings are enough to decide on least one to (1) manager obligating on their own as one and you can severally towards the bank to pay promptly toward readiness, or when due, the new Bangko Sentral, the successors cashadvancecompass.com/personal-loans-ny/phoenix otherwise assigns, the promissory notes within the disaster mortgage otherwise improve. (The government, its subdivisions, instrumentalities and you may organizations, and you may government entities are exempted out of this needs) (Este Function Zero. 8).