Escolar Documentos
Profissional Documentos
Cultura Documentos
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* THIRD DIVISION.
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MARTIRES, J.:
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The Facts
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4 Id., at p. 34.
5 Id.
6 Id., at pp. 56-68.
7 RTC Records, pp. 18-21.
8 Rollo, pp. 16-17.
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ineffective.
2) Ordering the Registry of Deeds of Quezon
City to cancel the following entries
annotated on the subject title 1) Entry No.
4148/90535: mortgage to GSIS and; 2)
Entry No. 4815/90535: mortgage to GSIS.
3 The other claims and counter-claims are
hereby denied for lack of merit.9
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Issues
II
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10 Id., at p. 40.
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III
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12 Cua v. Wallem Philippines Shipping, Inc., 690 Phil. 491, 501; 676
SCRA 143, 152-153 (2012).
13 Riano, W., Civil Procedure (The Bar Lecture Series), Volume I, p.
317, 2011.
14 RULES OF COURT, Rule 8, Sections 1 and 10.
15 BlackÊs Law Dictionary, 9th edition.
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GSIS had not instituted any action within ten (10) years
after the loan had been contracted is insufficient to hold
that prescription had set in. Thus, even if GSISÊ denial
would not be considered as a specific denial, only the fact
that GSIS had not commenced any action, would be
deemed admitted at the most. This is true considering that
the circumstances to establish prescription against GSIS
have not been alleged with particularity.
Commencement of the
prescriptive period for
real estate mortgages
material in determin-
ing cause of action
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