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Bukidnon Doctor's Hospital, Inc. vs. Metropolitan Bank & Trust Co.

BUKIDNON DOCTORS' HOSPITAL, INC., Petitioner, versus METROPOLITAN BANK & TRUST CO., Respondent.

G.R. No. 161882 | 2005-07-08

FIRST DIVISION

D E C I S I O N 

DAVIDE, JR., C.J.: 

At issue in this petition for review on certiorari is whether a writ of possession is the proper remedy for evicting a mortgagor who became a lessee of the mortgaged properties after the mortgagee has consolidated ownership over the properties and was issued new certificates of title. 

The facts are as follows: 

Sometime in 1995, petitioner Bukidnon Doctors' Hospital, Inc., obtained a loan of P25 million from respondent Metropolitan Bank and Trust Company to be used for the construction of its hospital. To secure this loan, the petitioner mortgaged six parcels of land...