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Socorro Taopo-Banga vs. Spouses Jose and Emiline Bello

SOCORRO TAOPO BANGA, Petitioner, versus Spouses JOSE and EMELINE BELLO, Respondents.

G.R. No. 156705 | 2005-09-30

THIRD DIVISION

D E C I S I O N 

CARPIO MORALES, J.:

Spouses Socorro Taopo Banga and Nelson Banga (Nelson) acquired, among other things, a real property located at 459 Boni Avenue, Mandaluyong City (the property) covered by Transfer Certificate of Title (TCT) No. 62530.[1] 

On June 19, 1987, Nelson, as mortgagor, with the consent of his wife-herein petitioner Socorro Taopo Banga, executed a Deed of Real Estate Mortgage[2] in favor of respondent Jose V. Bello V (Jose) over the property as security for a loan in the amount of P200,000.00 extended by Jose to Nelson. 

On July 28, 1987, Nelson and Jose executed an "Amendment to the...