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Spouses Bernardo vs. Union Bank

SPOUSES ANTHONY ROGELIO BERNARDO AND MA. MARTHA BERNARDO, PETITIONERS, VS. UNION BANK OF THE PHILIPPINES AND THE HON. COURT OF APPEALS, RESPONDENTS.

G.R. No. 208892 | 2019-09-18

D E C I S I O N
 
INTING, J.:
 
We resolve the Petition for Certiorari under Rule 65 of the Rules of Court assailing the Decision[1] dated February 21, 2013 and the Resolution[2] dated July 18, 2013 of the Court of Appeals (CA) in CA-G.R. SP No. 111832.
 
The Antecedents

On August 20, 1999, petitioners, Spouses Anthony Rogelio Bernardo and Ma. Martha Bernardo, obtained a loan amounting to P3,032,635.57 from respondent Union Bank of the Philippines (Union Bank).[3] The loan was secured by a real estate mortgage executed by petitioners in Union Bank's favor Over a 700-square meter lot on which their...