Republic of Philippines
REGIONAL TRIAL COURT
FIRST JUDICIAL REGION
OFFICE OF THE CITY SHERIFF
TACIA M. DESSAIX,
SPOUSES DIVINO LARANANG and GLENDA M. LARANANG,
FORECLOSURE CASE No. 15-590-S
OF REAL ESTATE MORTGAGE
NOTICE OF SALE
Upon extra-judicial petition for the sale under Act 3135 as amended filed by TACIA M. DESSIAX, hereinafter referred to as MORTGAGEE, as against Spouses DIVINO LARANANG and GLENDA M. LARANANG, hereinafter referred to as MORTGAGORS, to satisfy the mortgage indebtedness which as of July 31, 2015 amounts to P850,000.00, as principal obligation excluding 5% interest per month and other charges incidental to the foreclosure proceedings, the Clerk of Court/Ex-Officio Sheriff thru her Deputy, will SELL at public auction on the 8th day of September 2015 at 10:00 o’clock in the morning or soon thereafter at Justice Hall Lobby, Baguio City, to the highest bidder for CASH and in Philippine Currency, the real property more particularly described as follows, to wit:
A residential building (Property Index No. 102-01-006 -02-L113-N001) , KIND: Residential Land ACTUAL USE: Residential; UNIT VALUE : 520.00; MARKET VALUE: 151,840.00; ASSESSED VALUE 12,754.56; on the NORTH; by ASS. LOT NO. 102; on the SOUTH; by Paraan St.; On the EAST: by ASS. LOT NO. 112 and on the WEST: by ASS. LOT NO. 102 consisting of TWO HUNDRED NINETY TWO (292) Square Meters, more or less.
Prospective buyers/bidders are hereby enjoined to investigate for themselves the property and its encumbrances thereon, if any there be.
Baguio City, Philippines, 12 August 2015.
(SGD) ATTY. LINDA MONTES-LOLOY
Clerk of Court VI-Ex-Officio Sheriff
(SGD) MARANI S. BACOLOD
To all parties
ISSUES: August 15, 22, and 29, 2015