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JurisprudenceG.R. No. 215776 -

G.R. No. 215776 - SPOUSES GABRIEL DUERO AND LUISA DUERO, VS. GREEN BANK OF CARAGA, INC., [NOW EASTWEST BANKING CORPORATION] AND THE HON. REGISTRAR OF DEEDS FOR THE PROVINCE OF SURIGAO DEL SUR.

Cited Laws

RA 720,
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TL;DR — Ruling

WHEREFORE, judgment is hereby rendered in favor of plaintiffs and against defendants: 1. Annulling the foreclosure proceedings which resulted in the consolidation of ownership of defendant Green Bank of Caraga, Inc. (BANK) over Lot No. 3026-C psd 116819-03549 covered by [TCT] No.

Decision

Ruling

WHEREFORE, judgment is hereby rendered in favor of plaintiffs and against defendants: 1. Annulling the foreclosure proceedings which resulted in the consolidation of ownership of defendant Green Bank of Caraga, Inc. (BANK) over Lot No. 3026-C psd 116819-03549 covered by [TCT] No. 5930 cancellation of said Title and issuance in the name of defendant BANK of [TCT] No. T-13695; 2. Ordering the Register of Deeds, Tandag City, Surigao del Sur, to cancel TCT No. T-13695 and restore and return to plaintiff spouses the Owner's Duplicate of TCT No. 5930; 3. Ordering defendant BANK to pay plaintiffs the amount of [PHP 30,000.00] as attorneys fees and another [PHP 30,000.00] as Moral Damages; and 4. Ordering defendant BANK to pay the cost of suit. SO ORDERED.