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Sps Ruben Santiago, et al. vs Merchants Rural Bank of Talavera, Inc.

SPOUSES RUBEN SANTIAGO and INOCENCIA SANTIAGO, Petitioners, versus MERCHANTS RURAL BANK OF TALAVERA, INC., Respondent.

G.R. No. 147820 | 2005-03-18

D E C I S I O N 


CALLEJO, SR., J.: 

      On April 12, 2000, respondent Merchants Rural Bank of Talavera, Inc. filed an Ex Parte Petition with the Regional Trial Court (RTC) of Cabanatuan City, for the issuance of a writ of possession over the two parcels of land covered by Transfer Certificate of Title (TCT) Nos. NT-196197 and NT-187791 located in San Mariano, Sta. Rosa, Nueva Ecija. The respondent alleged therein, inter alia, that petitioner spouses Ruben and Inocencia Santiago executed a "Deed of Real Estate Mortgage," in its favor, over the said properties and all the improvements thereon, as security for the...