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Development Bank of the Phil., vs. Zaragosa, et al

DEVELOPMENT BANK OF THE PHILIPPINES, plaintiff-appellee, vs. JOVENCIO A. ZARAGOZA and AVELINA E. ZARAGOZA, defendants-appellants.

G.R. No. L-23493 | 1978-08-23

D E C I S I O N

ANTONIO, J:

This is an appeal from the judgment of the Court of First Instance of Manila in Civil Case No. 47325, sentencing defendants-appellants Jovencio A. Zaragoza and Avelina E. Zaragoza to pay jointly and severally plaintiff-appellee Development Bank of the Philippines the sum of P7,779.36, with interest thereon at a legal rate from July 10, 1957 until fully paid, plus the sum equivalent to 10% of the amount due as attorney's fees and costs of the suit.

The issues raised in this appeal are: (a) whether or not the mortgagee is entitled to claim the deficiency in extrajudicial foreclosure of mortgage; and (b) whether...