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JurisprudenceG.R. No. 222448 -

G.R. No. 222448 - UNITED COCONUT PLANTERS BANK, SUBSTITUTED BY LAND BANK OF THE PHILIPPINES,*, VS. EDITHA F. ANG AND VIOLETA M. FERNANDEZ.

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TL;DR — Ruling

WHEREFORE , premises considered, the Decision dated May 11, 2015 and the Resolution dated December 4, 2015 of the Court of Appeals in CA-G.R. CV No. 04270 are SET ASIDE .

Decision

Ruling

WHEREFORE , premises considered, the Decision dated May 11, 2015 and the Resolution dated December 4, 2015 of the Court of Appeals in CA-G.R. CV No. 04270 are SET ASIDE . Judgment is rendered as follows: The extrajudicial foreclosure and auction sale conducted on August 2, 1999 is DECLARED valid; and The Petition for Declaration of Nullity of Foreclosure, Auction Sale and Promissory Note & Fixing of True Account of Petitioners is DISMISSED . SO ORDERED.