Cited Laws
TL;DR — Ruling
WHEREFORE, judgment is rendered: 1. Declaring the real estate mortgage over Lot 356-A covered by TCT 52751 executed by Spouses Andres Rosario in favor of Banco Filipino, legal and valid; 2. Declaring the sheriff’s sale dated April 2, 1987 over Lot 356-A covered by TCT 52751 and subsequent final Deed of Sale dated May 14, 1988 over Lot 356-A covered by TCT No. 52751 legal and valid; 3.
WHEREFORE, judgment is rendered: 1. Declaring the real estate mortgage over Lot 356-A covered by TCT 52751 executed by Spouses Andres Rosario in favor of Banco Filipino, legal and valid; 2. Declaring the sheriffs sale dated April 2, 1987 over Lot 356-A covered by TCT 52751 and subsequent final Deed of Sale dated May 14, 1988 over Lot 356-A covered by TCT No. 52751 legal and valid; 3. Declaring Banco Filipino the owner of Lot 356-A covered by TCT No. 52751 (now TCT 165813); 4. Banco Filipino is entitled to a Writ of Possession over Lot 356-A together with the improvements thereon (Rose Inn Building). The Branch Clerk of Court is hereby ordered to issue a writ of possession in favor of Banco Filipino; 5. [The Torbela siblings] are hereby ordered to render accounting to Banco Filipino the rental they received from tenants of Rose Inn Building from May 14, 1988; 6. [The Torbela siblings] are hereby ordered to pay Banco Filipino the sum of P20,000.00 as attorneys fees; 7. Banco Filipino is hereby ordered to give [the Torbela siblings] the right of first refusal over Lot 356-A. The Register of Deeds is hereby ordered to annotate the right of [the Torbela siblings] at the back of TCT No. 165813 after payment of the required fees; 8. Dr. Rosario and Lena Rosario are hereby ordered to reimburse [the Torbela siblings] the market value of Lot 356-A as of December, 1964 minus payments made by the former; 9. Dismissing the complaint of [the Torbela siblings] against Banco Filipino, Pedro Habon and Rufino Moreno in Civil Case No. U-4733; and against Banco Filipino in Civil Case No. U-4359. [39] The RTC released an Amended Decision [40] dated January 29, 1992, adding the following paragraph to the dispositive: Banco Filipino is entitled to a Writ of Possession over Lot-5-F-8-C-2-[B]-2-A of the subdivision plan (LRC) Psd-122471, covered by Transfer Certificate of Title 104189 of the Registry of Deeds of Pangasinan[.] [41] The Torbela siblings and Dr. Rosario appealed the foregoing RTC judgment before the Court of Appeals. Their appeal was docketed as CA-G.R. CV No. 39770. In its Decision [42] dated June 29, 1999, the Court of Appeals decreed: WHEREFORE , foregoing considered, the appealed decision is hereby AFFIRMED with modification. Items No. 6 and 7 of the appealed decision are DELETED . Item No. 8 is modified requiring [Dr. Rosario] to pay [the Torbela siblings] actual damages, in the amount of P1,200,000.00 with 6% per annum interest from finality of this decision until fully paid. [Dr. Rosario] is further ORDERED to pay [the Torbela siblings] the amount of P300,000.00 as moral damages; P200,000.00 as exemplary damages and P100,000.00 as attorneys fees. Costs against [Dr. Rosario]. [43] The Court of Appeals, in a Resolution [44] dated October 22, 1999, denied the separate Motions for Reconsideration of the Torbela siblings and Dr. Rosario. The Torbela siblings come before this Court via the Petition for Review in G.R. No. 140528, with the following assig
G.R. No. 143783 - DANTE SARRAGA, SR. AND MARIA TERESA SARRAGA, VS. BANCO FILIPINO SAVINGS AND MORTGAGE BANK.D E C I S I O N - Supreme Court E-Library
G.R. No. 143783 -
CaseG.R. No. 127005 - SPS. JOSE ROSARIO AND HERMINIA ROSARIO, VS. COURT OF APPEALS, LOURDES VILLAHERMOSA, AIDA VILLAHERMOSA, RODULFO VILLAHERMOSA, NATIVIDAD V. CEBALLOS, AND JESUS VILLAHERMOSA. D E C I S I O N - Supreme Court E-Library
G.R. No. 127005 -
CaseG.R. NO. 161029 - SPRINGSUN MANAGEMENT SYSTEMS CORPORATION, VS. OSCAR CAMERINO, EFREN CAMERINO, CORNELIO MANTILE, NOLASCO DEL ROSARIO AND DOMINGO ENRIQUEZ.D E C I S I O N - Supreme Court E-Library
G.R. NO. 161029 -