G.R. No. 207004 - ASTRID A. VAN DE BRUG, MARTIN G. AGUILAR AND GLENN G. AGUILAR, VS. PHILIPPINE NATIONAL BANK.DECISION - Supreme Court E-Library

Ruling

WHEREFORE, in view of the foregoing, judgment is hereby rendered dismissing the Defendant's counterclaim and ordering judgment in favor of the Plaintiffs and against the Defendant as follows: To accord the Plaintiffs the benefits of R.A. 7202 and in particular to credit to the Plaintiffs' account the proceeds from the VOS [15] of the agricultural properties heretofore described as Lots 3585, 3749 and 3588, located at Escalante City, Negros Occidental, with the excess thereof being delivered to the Plaintiffs or the shortfall to be paid by the Plaintiffs in thirteen (13) years with interest provided for by R.A. 7202, and upon full payment of the account to return to the [P]laintiffs the title to and ownership of the abovementioned residential lot, Lot No. 3, Block 13, of the subdivision plan Psd-33419, Sagay Cadastre, now covered by TCT No. T-203; Ordering the [D]efendants (sic) to pay [the] [P]laintiffs P100,000.00 moral damages, P50,000.00 exemplary damages, P50,000.00 attorney's fees and litigation expenses of P10,000.00 and to pay the costs. SO ORDERED.