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JurisprudenceG.R. No. 183350 -

G.R. No. 183350 - PRUDENTIAL BANK (NOW BANK OF THE PHILIPPINE ISLANDS), VS. ANTONIO S.A. MAURICIO SUBSTITUTED BY HIS LEGAL HEIRS, MARIA FE, VOLTAIRE, ANTONIO, JR., ANTONILO, EARL JOHN, AND FRANCISCO ROBERTO ALL SURNAMED MAURICIO.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 590,RA 283,RA 179RA 732,RA 330,
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TL;DR — Ruling

WHEREFORE, all the foregoing premises considered, judgment is hereby rendered: Annulling the extrajudicial foreclosure sale conducted on April 15, 1994; Ordering defendant to re-account the obligation of the plaintiffs reflecting the credit of the insurance proceeds to the mortgage obligation of the plaintiffs; Dismissing defendant's counterclaim and plaintiffs' cross-claim for lack of merit . SO ORDERED.

Decision

Ruling

WHEREFORE, all the foregoing premises considered, judgment is hereby rendered: Annulling the extrajudicial foreclosure sale conducted on April 15, 1994; Ordering defendant to re-account the obligation of the plaintiffs reflecting the credit of the insurance proceeds to the mortgage obligation of the plaintiffs; Dismissing defendant's counterclaim and plaintiffs' cross-claim for lack of merit . SO ORDERED.

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