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Antonio P. Tambunting, Jr., et al. vs. Spouses Emilio Sumabat, et al.

ANTONIO P. TAMBUNTING, JR. and COMMERCIAL HOUSE OF FINANCE, INC., Petitioners, versus SPOUSES EMILIO SUMABAT and ESPERANZA BAELLO, Respondents.

G.R. No. 144101 | 2005-09-16

THIRD DIVISION

D E C I S I O N 

CORONA, J.: 

This petition for review on certiorari under Rule 45 of the Rules of Court assails the February 11, 2000 decision of the Regional Trial Court (RTC) of Caloocan City, Branch 120, in Civil Case No. C-16822. 

This case involves a dispute over a parcel of land situated in Caloocan City covered by TCT No. (87655) 18837. It was previously registered in the names of respondents, spouses Emilio Sumabat and Esperanza Baello. On May 3, 1973, respondents mortgaged it to petitioner Antonio Tambunting, Jr. to secure the payment of a P7,727.95 loan. In August 1976, respondents were informed that...