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Leonardo C. Castillo represented by Lennard V. Castillo Vs. Security Bank Corporation, JRC Poultry Farms or Spouses Leon C. Castillo, Jr., and Teresita Flores-Castillo

LEONARDO C. CASTILLO, represented by LENNARD V. CASTILLO, Petitioner, vs. SECURITY BANK CORPORATION, JRC POULTRY FARMS or SPOUSES LEON C. CASTILLO, JR., and TERESITA FLORES CASTILLO, Respondents

G.R. No. 196118 | 2014-07-30

THIRD DIVISION
 
DECISION

PERALTA, J.:
 
This is a Petition for Review questioning the Decision 1 of the Court of Appeals (CA) dated November 26, 2010, as well as its Resolution2 dated March 17, 2011 in CA-G.R. CV No. 88914. The CA reversed and set aside the Decision3 of the Regional Trial Court (RTC) of San Pablo City, Laguna, Branch 32, dated October 16, 2006 in Civil Case No. SP-5882 (02), and consequently, upheld the validity of the real estate mortgage entered into by respondents spouses Leon C. Castillo, Jr. and Teresita Flores-Castillo, and Security Bank Corporation (SBC). 
 
The...