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Estanislao Bodiongan Vs. Court Of Appeals, Et Al.

ESTANISLAO BODIONGAN, petitioner, vs. COURT OF APPEALS and LEA SIMEON, respondents.

G.R. No. 114418 | 1995-09-21

D E C I S I O N


PUNO, J.:

This petition for review on certiorari seeks to annul and set aside the Decision dated October 25, 1993 and the Resolution dated March 3, 1994 of the Court of Appeals in CA-G.R. CV No. 36314.

The antecedent facts are as follows:

On October 4, 1982, respondent Lea Simeon obtained from petitioner Estanislao Bodiongan and his wife a loan of P219,117.39 secured by a mortgage on three (3) parcels of land with a four-storey hotel building and personal properties located at Gango, Ozamiz City. The three (3) lots were covered by Transfer Certificates of Title Nos. T-6530, T-6531 and T-6531 in the name of private...