G.R. No. 122899 - METROPOLITAN BANK & TRUST COMPANY, VS. COURT OF APPEALS AND G.T.P. DEVELOPMENT CORPORATION.D E C I S I O N - Supreme Court E-Library

Ruling

WHEREFORE, after a careful and thorough study of the record, this Court holds that in view of the facts contained in the records, judgment is hereby rendered in favor of plaintiff and against defendants, ordering - "1. Defendant Metropolitan Bank & Trust Co. to execute the release or cancellation of the real estate mortgages executed by the deceased defendant Tomas Chia and his wife, defendant Vicenta Chia, over the property described in TCT No. 106901 of the registry of deeds for Quezon City; "2. Defendants to surrender or deliver the owner's duplicate copy of said TCT No. 106901; and, "3. Defendants to pay, jointly and severally, the sum of P10,000.00 as and for attorney's fees, plus costs of suit. "The counterclaims set up by both defendants are dismissed. "IT IS SO ORDERED.