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Spouses Belo vs Philippine National Bank (PNB) 353 SCRA 359

SPOUSES ENRIQUE M. BELO and FLORENCIA G. BELO, petitioners, vs. PHILIPPINE NATIONAL BANK and SPOUSES MARCOS and ARSENIA ESLABON, respondents.

G.R. No. 134330 | 2001-03-01

D E C I S I O N

DE LEON, JR., J.:
 
Before us is a petition for review on certiorari of the Decision[1] and Resolution[2] in CA-G.R. No. 53865 of the Court of Appeals[3] dated May 21, 1998 and June 29, 1998, respectively, which modified the Decision[4] dated April 30, 1996 of the Regional Trial Court of Roxas City, Branch 19 in a suit[5] for Declaration of Nullity of the Contract of Mortgage. 
 
The facts are as follows: 
 
Eduarda Belo owned an agricultural land with an area of six hundred sixty one thousand two hundred eighty eight (661,288) square meters located in Timpas, Panitan, Capiz, covered and described in...