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JurisprudenceG.R. No. 160046 -

G.R. No. 160046 - BANK OF THE PHILIPPINE ISLANDS (SUCCESSOR-IN-INTEREST OF CITYTRUST BANKING CORPORATION), VS. EVANGELINE L. PUZON.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 370RA 352RA 465RA 414RA 148
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TL;DR — Ruling

WHEREFORE, judgment is hereby rendered as follows: 1) Declaring as null and void the extrajudicial foreclosure sale of the property covered by Transfer Certificate of Title No. 13517 without prejudice to the foreclosure of the mortgage constituted thereon strictly in accordance with law, as well as the Sheriff's certificate of sale and Transfer Certificate of Title No.

Decision

Ruling

WHEREFORE, judgment is hereby rendered as follows: 1) Declaring as null and void the extrajudicial foreclosure sale of the property covered by Transfer Certificate of Title No. 13517 without prejudice to the foreclosure of the mortgage constituted thereon strictly in accordance with law, as well as the Sheriff's certificate of sale and Transfer Certificate of Title No. 95232 issued to Citytrust Realty Corporation pursuant thereto; and 2) Ordering the Register of Deeds to reinstate Transfer Certificate of Title No. 13517 in the name of petitioner [Evangeline L. Puzon] with force and effect as if not cancelled. SO ORDERED.