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Pastor B. Constantino Vs. Blas Aquino, Et Al. 119 Phil. 240

PASTOR B. CONSTANTINO, plaintiff-appellant, vs. BLAS AQUINO and EUFEMIA POLICARPIO, defendants-appellees.

G.R. No. L-16216 | 1963-12-28

D E C I S I O N


PAREDES, J.:

On September 28, 1954, a mortgage contract of real estate was entered into by and between the plaintiff Pastor B. Constantino and the defendants, Blas Aquino and Eufemia Policarpio, as mortgagors, to secure a loan of P2,000.00, payable two (2) years from said date. On February 3, and 23, 1955, defendants obtained additional loans of P1,000.00 and P2,000.00, respectively, both payable two (2) years from September 28, 1954 also. To secure these loans, an additional mortgage was constituted on the same land, with identical terms and conditions as the first mortgage. Both mortgages were duly registered. On...