G.R. No. 132256 - SPOUSES EUFRONIO DELFIN AND VIDA DELFIN, VS. MUNICIPAL RURAL BANK OF LIBMANAN (CS), INC., REPRESENTED BY ITS MANAGER, MARIDEL JAUCIAN, AND THE PROVINCIAL SHERIFF OF CAMARINES SUR.D E C I S I O N - Supreme Court E-Library

Ruling

WHEREFORE , the assailed Decision of the Court of Appeals ordering petitioner spouses Eufronio Delfin and Vida Delfin to pay respondent Municipal Rural Bank of Libmanan, (CS) Inc., the amount of P 244,154.00 plus 12% interest and 2% monthly penalty charge from 7 July 1983 until the principal amount shall have been fully paid, and the amount equivalent to 10% of the principal amount due as and for attorneys fees is AFFIRMED , with the MODIFICATION that respondent bank is ordered to release in favor of petitioners the parcel of land under Tax Declaration No. 4258 subject of Real Estate Mortgage dated 26 October 1977. All other claims and counterclaims are denied for lack of factual and legal basis. No costs. SO ORDERED.