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JUAN KALIWETE,
Defendant
Third Party Plaintiff
-versus-
ERNESTO C. TAN,
Third Party Defendant
x------------------------------------x
1. That the plaintiffs are of legal age, married to each other, Filipinos and
resident of Centro 01, Lasam, Cagayan.
5. That plaintiffs failed, to pay their loan obligations to defendant and the
latter Extra Judicially foreclosed the mortgaged property on February
20, 2001 at Ballesteros, Cagayan where the highest bidder is
defendant and, on February 23, 2001 the Court sheriff who conducted
the sale in public executed a certificate of sale in favor of defendant, a
copy of the certificate is hereto attached as Annex “B”;
6. That thereafter, the said title of the plaintiffs was cancelled and a new
title denominated, TCT No. T-130015, was issued by the Register of
Deeds of Cagayan to Defendant on April 9, 2002 which covers said
property, a copy of the title is hereto attached as Annex “C”;
9. That no notice also of said foreclosure sale was posted by the sheriff
on the house of plaintiffs which is existing and erected on the said
property, neither was a notice posted at the Municipal building of
Lasam where the property is situated;
10. That the foreclosure sale was held in Ballesteros Cagayan which
is not the capital of the province of Cagayan, thus violating paragraph
P of the Real Estate Mortgage which stipulates that the venue of the
foreclosure sale shall be held at the capital of the province, or in the
city where the property is within the territorial jurisdiction of said city.
Ballesteros is not a city and Lasam, where the property is situated, is
not within the territorial jurisdiction of Ballesteros;
13. That the new title issued to Defendant which is TCT No. T-
130015 pursuant to said null and void certificate of sale, is also null
and void and therefore, the sale must be cancelled as there was no
valid transfer of ownership of the property from the plaintiffs to the
defendant;
15. That there is a judicial need to reinstate the title of the herein
plaintiffs; a copy of TCT No. T-87870 (S) is hereto attached as Annex
“E”;
16. That Plaintiffs only came to know the said proceedings of the
extrajudicial foreclosure sale only last November, 2011 when they
learned that defendant is selling said property;
17. That for the protection of their rights and interests, Plaintiffs were
constrained to engage the services of counsel for the filing of the
instant case for which they agreed to pay attorney’s fees in the amount
of Php. 50, 000.00 plus Php. 3, 00.00 for hearing attended;
18. That Plaintiffs will incur litigation expenses for not less than Php.
15, 000.00;
19. That the assessed value of the property in question is Php. 14,
420.00 per copy of Tax Declaration No. 05-1700r-00369 hereto
attached as Annex “F”.
PRAYER
5. Ordering the defendant to pay the costs of suit. Per Plaintiffs further
pray for other reliefs just and equitable in the premises.
RAMIRCHRIS U. BACUYAG
Counsel for Plaintiffs
Ugac Sur
Tuguegarao City
IBP O.R. No. 856438
Issued on January 21, 2013
Cagayan Chapter
PTR No. 4476020
Issued on March 7, 2013
At Tuguegarao City
Atty’s Roll No. 30438
MCLE Compliance No. III-0013137
Issued on April 20, 20112
(Note: Counsel attended the MCLE
with Compliance sponsored by
the IBP Cagayan Chapter on
December 4, 2012 at Tuguegarao
City per O.R. No. 0696
dated December 4, 2012)