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La Previsora Filipina vs. Ledda

LA PREVISORA FILIPINA, Mutual Building and Loan Association, petitioner-appellee, vs. FELIX Z. LEDDA, respondent-appellant.

G.R. No. 44834 | 1938-11-26

D E C I S I O N


IMPERIAL, J:

On July 21, 1928 the respondent executed in favor of the petitioner a mortgage deed securing his indebtedness with the land described in certificate of title no. 22133 issued by the register of deeds for the City of Manila. On January 23, 1929 said respondent executed in favor of the petitioner another deed of loan wherein he acknowledged another additional indebtedness. In the mortgage deed it was stipulated, among others, that the respondent authorized the petitioner to sell at public auction the mortgaged land in accordance with the provisions of Act No. 3135, in case the respondent should fail to pay his...