G.R. No. 177828 - ANNABELLE DELA PEÑA AND ADRIAN VILLAREAL, VS. THE COURT OF APPEALS AND RURAL BANK OF BOLINAO, INC..D E C I S I O N - Supreme Court E-Library

Ruling

WHEREFORE, the Court hereby renders judgment in favor of the [respondent] and against the [petitioners], to wit: ORDERING, the [petitioners] to jointly and severally pay the [respondent] the remaining principal loan in the sum of P77,722.67 outstanding as of October 17, 1995, plus interest of 12% per annum and penalty of 3% per annum, until full payment of the principal loan thereof; ORDERING, the [petitioners] to jointly and severally pay the [respondent] the interest due as of October 17, 1995, in the sum of P105,951.91; ORDERING, the [petitioners] to jointly and severally pay the [respondent] the penalty due as of October 17, 1995, in the sum of P25,670.21; ORDERING, the [petitioners] to jointly and severally pay the [respondent] the litigation expenses, in the sum of P4,500.00; ORDERING, the [petitioners] to jointly and severally pay attorney's fees in the sum of P7,722.27; ORDERING, the [petitioners] to jointly and severally pay the [respondent bank] the collection fees in the sum of P50.00; and To pay the cost of suit. SO ORDERED.