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Dionisio Fiestan, Et Al. Vs. Court Of Appeals, Et Al.

DIONISIO FIESTAN and JUANITA ARCONADO, petitioners, vs. COURT OF APPEALS; DEVELOPMENT BANK OF THE PHILIPPINES, LAOAG CITY BRANCH; PHILIPPINE NATIONAL BANK, VIGAN BRANCH, ILOCOS SUR; FRANCISCO PERIA; and REGISTER OF DEEDS OF ILOCOS SUR, respondents.

G.R. No. 81552 | 1990-05-28

D E C I S I O N


FERNAN, C.J.:

In this petition for review on certiorari, petitioners spouses Dionisio Fiestan and Juanita Arconada, owners of a parcel of land (Lot No. 2-B) situated in Ilocos Sur covered by TCT T-13218 which they mortgaged to the Development Bank of the Philippines (DBP) as security for their P22,400.00 loan, seek the reversal of the decision of the Court of Appeals 1 dated June 5, 1987 affirming the dismissal of their complaint filed against the Development Bank of the Philippines, Laoag City Branch, Philippine National Bank, Vigan Branch, Ilocos Sur, Francisco Peria and the Register of Deeds of Ilocos Sur, for...