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JurisprudenceG.R. NO. 132161 -

G.R. NO. 132161 - CONSOLIDATED RURAL BANK (CAGAYAN VALLEY), INC., VS. THE HONORABLE COURT OF APPEALS AND HEIRS OF TEODORO DELA CRUZ.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 154,RA 656RA 38,RA 7,RA 331,RA 484,RA 193
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TL;DR — Ruling

WHEREFORE, in view of the foregoing considerations, judgment is hereby rendered: 1. Dismissing the amended complaint and the complaint in intervention; 2. Declaring Pacifico V. Marquez the lawful owner of Lots 7036-A-7 now Lots 7036-A-7-A to 7036-A-7-H, inclusive, covered by TCT Nos.

Decision

Ruling

WHEREFORE, in view of the foregoing considerations, judgment is hereby rendered: 1. Dismissing the amended complaint and the complaint in intervention; 2. Declaring Pacifico V. Marquez the lawful owner of Lots 7036-A-7 now Lots 7036-A-7-A to 7036-A-7-H, inclusive, covered by TCT Nos. T-149375 to T-149382, inclusive; 3. Declaring the mortgage of Lots 7036-A-7-A, 7036-A-7-B, 7036-A-7-C and 7036-A-7-D in favor of the defendant Consolidated Rural Bank (Cagayan Valley) and of Lot 7036-A-7-E in favor of defendant Rural Bank of Cauayan by Pacifico V. Marquez valid; 4. Dismissing the counterclaim of Pacifico V. Marquez; and 5. Declaring the Heirs of Teodoro dela Cruz the lawful owners of the lots covered by TCT Nos. T-33119, T-33220 and T-7583. No pronouncement as to costs. SO ORDERED.