G.R. No. 139895 - CIPRIANO M. LAZARO, VS. RURAL BANK OF FRANCISCO BALAGTAS (BULACAN), INC. THE REGISTER OF DEEDS OF VALENZUELA CITY.D E C I S I O N - Supreme Court E-Library

Ruling

accordingly served upon petitioner at said address. [5] Petitioner did not answer, hence, the trial court declared him in default. An ex-parte hearing then proceeded . On May 5, 1985, the trial court disposed of Civil Case No. 7355-M as follows: WHEREFORE, premises considered, judgment is hereby rendered in favor of the plaintiff, Rural Bank of Francisco Balagtas (Bulacan) Inc. ordering the defendant, Cipriano Lazaro, to pay to the plaintiff, the following: (a) The amount of P35,336.41 constituting the deficiency or balance remaining unpaid of the defendants' obligation; plus 5% thereon per annum from date of filing this complaint on March 12, 1984 until the amount shall have been fully paid; (b) The amount of P3,000.00 which is fixed by the court as reasonable attorney's fees in this instant, which is not necessarily 10% of the amount of the deficiency involved; and, (c) The costs of this action. SO ORDERED.