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Elisa C. Feliciano vs. CA, et al.

ELISA C. FELICIANO, petitioner, vs. COURT OF APPEALS AND ERNESTO BARON, respondents.

G.R. No. 123293 | 1998-03-05

D E C I S I O N

BELLOSILLO, J:

This petition for review assails the Decision of the Court of Appeals promulgated on 9 October 1995 as well as its Resolution of 12 December 1995 in CA-G.R. SP No. 37450 1 which reverse and set aside the decision of the Regional Trial Court of Quezon City, Branch 98, in Civil Case No. Q-94-22391.

On 6 February 1978 Eleuterio Cosme obtained a loan of P50,000.00 from the Insular Bank of Asia and America. To secure the loan, he mortgaged a parcel of land covered by TCT No. 198745 registered in his name "married to Asuncion Obando". The loan however was not paid upon maturity, thus the mortgage was foreclosed...