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JurisprudenceG.R. No. 170166 -

G.R. No. 170166 - JOE A. ROS AND ESTRELLA AGUETE, VS. PHILIPPINE NATIONAL BANK - LAOAG BRANCH. D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 272,RA 534RA 164,RA 97
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TL;DR — Ruling

WHEREFORE, premises considered, judgment is hereby rendered: 1. DECLARING the Deed of Real Estate Mortgage (Exhibit "C") and the subsequent foreclosure proceedings conducted thereon NULL and VOID; 2. ORDERING the Register of Deeds of the City of Laoag to cancel TCT No. T-15276 in the name of defendant PNB and revert the same in the name of plaintiffs spouses Joe Ros and Estrella Aguete; 3.

Decision

Ruling

WHEREFORE, premises considered, judgment is hereby rendered: 1. DECLARING the Deed of Real Estate Mortgage (Exhibit "C") and the subsequent foreclosure proceedings conducted thereon NULL and VOID; 2. ORDERING the Register of Deeds of the City of Laoag to cancel TCT No. T-15276 in the name of defendant PNB and revert the same in the name of plaintiffs spouses Joe Ros and Estrella Aguete; 3. ORDERING defendant to vacate and turnover the possession of the premises of the property in suit to the plaintiffs; and 4. ORDERING defendant to pay plaintiffs attorney's fee and litigation expenses in the sum of TEN THOUSAND (P10,000.00) PESOS. No pronouncement as to costs. SO ORDERED.