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Gil Jardenil vs. H. Solas

GIL JARDENIL, plaintiff-appellant, vs. HEFTI SOLAS (alias HEPTI SOLAS, JEPTI SOLAS), defendant-appellee.

G.R. No. 47878 | 1942-07-24

D E C I S I O N

MORAN, J. p.

This is an action for foreclosure of mortgage. The only question raised in this appeal is: Is defendant-appellee bound to pay the stipulated interest only up to the date of maturity as fixed in the promissory note, or up to the date payment is effected? This question is, in our opinion, controlled by the express stipulation of the parties.

Paragraph 4 of the mortgage deed recites:

"Que en consideracion a dicha suma aun por pagar de DOS MIL CUATROCIENTOS PESOS (P2,400.00), moneda filipina, que el Sr. Hepti Solas se compromete a pagar al Sr. Jardenil en o antes del dá-a treintaiuno (31) de marzo de mil...