{Misys PNB. Spstne wg e a | Dol_cactitia ,J.2_ ‘NCIC {pouses_Sitot tecurtd a ceedit tine with PNG involving a credit Agecement | Od qroortgoge to stoMle fuch On Ogreement the tpouses Miso issued several | Pcomigs01Y notes _tocover their payment. |i gli _documenti there were escalation| Mauses! peouisianggiousing U8 tr tacteare or ceduce jntertet rales dlatern roti were found $9 he violative of yne principle of tine mutuality oP eomvady \SSUE: wheter or di tnt imderest core prMVision in sme credit agieernent dad sme Amendment to credit Agecement is mull qud yoid goy giving ene tne Die power to tix tine vate: sz10 The unilateral action of the (NB im incvegsing the interest cote on private cespondentt loon yiotated the mubiglity ot tonya cis svdained inm_| JActic\e 1908 of sue Civil (nde :Art 130%: the contract tovst pind both ontracting| pasties its watidity of iompliane? cannot be let) to tho will of ane of thew lpased_on_tneir _escential equouity. ontvact wardining a concition wii | maxes iis fulfillment dependem eduviively upon fae yitOntyolled will of one | of {ne contracting garhey » iS void[te Av. tages tn pithy, ait) ab nappa oy 104 EM yg: 110: ahh va - Mautolins TF au = FACIL Qo April 24 ,1all_ Pedi Andvel, borrowing af tranciccd Constantino fon Quingd _Cnua, tne inspant detindant fe sum ot poo,with interest of 24.0} juOnes of palays ip ters than jncte onens,or,to be ecott, pi Hae dln of iulyot toe some year, He dept was voiced 40 pec with interest of 30 cavte} ned_of_poioy. th acs gat. and +4013 it nay pecoyne 9226-71 stuired by o arto de petro wiitin se intrest at au eovanes of polay | Joonuaily-the day of veckoning tame on Ochobof 11S, wnen toe dent was | igudated with ie result aot Andres had of obligation ot $474.20, winich Int] [pcomisecl to pay on ine 204" of the same yom. plemption wag to pe give monene ; Andres wat to laid the {ond dusing this | kine og lessee fo poy 9 rent ot A) tovanes of palgy yearn cayan to weight | JA“ vitos jin tue montn of Feorydry, Mt, Md all charges during the existence ot tye loa: =. [icsue = yynewna’ or not tne atuused visigted te Woury ton oy Hae decom = Lis wnat _pucgods to peo pack ett 5 Mew arn. ui Gane ee celros pectively. 4 Covrupt intent is Wivemice vt the essence of usurious fran sotiens.” to austibyte utupy puitia the proniwition af tae mus tinere muth te on_intenton ‘noun gly 0 com trod for oy take wuvious interest itor if neither povty-Intind i bv ot bomatide and immucentiy the ity! will not inter a covceypt ogceemint winere ; indeed 08 Contract pom itt very ¢acesimn pot % i sergaa Date ___— for the pees umption;for the intent is appdvent yes ipsa loquititr. Gut luiece Jno contrack on ik face ic gov vegal intevect only Aner’ ik youct be feoved {hat there was sprog conrupt agreement oi devise or shift to cover jury; and that ik was inthe fyi contemplation of thepasties!NG em. Mtr owLAd umber _ys_P NG GRMN. L- 227% Angeles. t. eee = - FACTS: Petivioney Masqbulgo Lumet applied tor an industrial loan with herei ees Pondent PNG ond wos appioved with its semi estate wngchinery ancl equip MtMts —g5 collateral pun celeased the dppioyed loon wvt petitioner tailed topay nd wos Later discguered to nave aleady stopped initt opevailan Pup then moved| [Pov ine loredosuce gd cate of toe mortgaged properties. the properties were sold ond} [petitions sent o rank draft to ye Pilg to cesle the baidnce fine obligation-PNG | However atiegés Watt a weingining yordnce skands Onto foreclosure cole would shill [ce ineld unless pelihioner yewnits said qyoqunt: The foreclosuce sale proceed and Joctitioney+s properties weve tavenout Of its Compound: Petitioney giled actions be =| tore tine spurt ond GaivS peogng obmert moral damage w i ot _gitady ceased its opera tion jmooy Udi for moval damage, {MELO : Mo- Apptllont's claim fay mordl daynoges however seems to have np legal | Joc fomol nosis Oovinusly on ofiticial persyn lie necein appetiont cupocaien, | connek sigevience pnysicol outeriags mental anguish, fright serious onyitty, oe gelings wnoxtl shock of social humiliation whith ae wasis of moral] low Ogee =Neogetia\ vs saucian $$ GR No \44 004 a ae PU Oe FACTS: syey usin fied 9 case foclection-obmaney,ogaint festitsa mapena Wne_cOmplaint aileges inter Oia uot Iwiperidl ovtoined tom him 6 styacaie loans las_evidence in G separate promissory motes and several enecks issued a1 guarantee for foymenk woen Woe said aan became overdue and unpaid,especially when tae defer ants checks were dishongied, Soucion ade gepeated oval and writen demands Mov ponent In ney defense Imperial alleged tnat se has fully paid her ololiggh ons nd foot charging of interest of 22% per conten per datum is iegal,and of the pen athy ond afocneys $e as iniquitous and uncongeianglgle. ___ Ice piety Nes APR i ee eee acne een xeduced | eee HELD: 4P5, te cout finds the chiplated interest pote tuch move iniguitous and wn= |Erinsesgs tan Mego Dip ee — | Shinra SS Austuia=Mortines $2 a FACTS: Qabit tose Frias owns a nowse and tot acquired from_tsiond mossers eeality fond Development corporation Counc) snrougho-oeed of fare and putee by transter | |cec¥iticake_of WM (ret in gue pame of levine. Eciag ceived tyom.san_we'go-cison pe million cash gud Pmnition gpit-dated meck dated Fewmuory 2t,1N40 insted of 941, | jhich sendered the check State. trias Men gaye the TC in the name of RMOC | fond ane Oeed of qysolute fare over sme property Netuemeriog and IRMOL san wtego— | Siar _decided not 49 purchase the pro pesty ond intermed Tis rough a jeter | feminding of ime agreement Mat sue omeunt of P2 milion be _vonsideved as | Diegn= sison averred that erian tried jo deprive hey ot tne scoarity tor ane toan| when trios mace o Carse yeportt of we loss of ner omer copy OF tne TcT | be_isived a new ommetis duplicate copy of said titte.trias argued that tel intevest rate wine woMtvary to He MOA becouse tt prduided Laat it san piegn- Gison would decide not +2 purchase tne property fiias har the period of anoter_six-smonths fa pay ine tna witln cavnpounded loamy interest tov the ast ely snombins—gitly, ISSVE! winetinty oy not Ha? 26% inteve vote Pt” gnnuyaeven beyond ine seroma] Gmantns ctipuiared ptvind iy vatig One HELD: Ves, ibis. Houing onside 2d it as o loqgn the monetary interest tor tae last s_ moti _oiitinued to octrue until oval oauient of the lnaned omount.lne Poym2nt of re qulay jAterest mmnsribuits the plic® of cost of fhe vse of money tind saus_until_ principal tv que it yetventd ts preceditoy, regulary interest conbiguts fo occrue git tne delator Havt( fo ve such principal gman}Ligukon—ys_ca = 7 z GR No. 4671 Mig ye FACS: Petitioners Townes Ligvtan and ueoniaar dela tang ovtdined Otoan ithe amount of P20 ,o00. 00 from security Oak ond _truct_co- the obligation — Moturtd and ine gank granted gn gyt-tn, ion. Mes pite Ieye ral demands bom ine Gok, petitioners failed im cetle tne deyt winich then amounted to PidAie: 10. | ihe Bonk sent _o tinal demand Ler nowever petitioners still defaulted on] hele opvigation. Lead es ee ASSVE:_wnetner or not Ye IS-184Mo interest ond the penaity of 3%o per | month (ue pet apuuya) is tyorpitant, iniquitous ang unconselonianle- [MEWD: The quesiion of whermey o penalryis yeasonabte oy iniquitous con portly jubjech've and partly objecivt: Iti ved dution will depend on such | lfatovs op last nok confined tp ,the type, extent, and purpose of tne penalty, Phe nature oF pine oyligation, tne Wode of reaun and itt comrequences tne | [uperuening remirtiés,tne thanding ond relationship of the parties jand tal [like {ne pplication of which, py and large is addeetted to pre sound | [diseettion oF tine covet [the stipulated interest gf W-\0%, per annuron dees gt appear as wring 2Ycessie the tiene of rotonme for te payment of interest quite often veferre dip Los cost of map nty, il pot sxartly tne (ame os fagt os a surcharge of a penalhy,GSIS_ys CA peal OR No. 1 -62475 Pats FACTS: In tOGly private respondents cpouses Nemencio Medina and toseting Medina applied wity ©61S fora loan oP P¢90,000-n0: the Osis first approved only oe amount of P3S0,000-m ten _ttduced tne omound ty P29C,090-00.TheMeding OWepred the ornount, ested 9 promissory aote ond d real estate mortgage in Eouor sf SIS-thon amount of P3C0, 00-00 wastesigeeds lOeginning mek, tne Medings defaulted iq the paywtent of Ye yaontly amocization jof_Aneic_toan.knd in 467, they pyegan defoulting inthe payment of fire insurance] i 2n_inaposed 4%, {120 interest on aiinitaients due and unpaid | land_in 1975, Yney Hiled on application of Fovelosure gf Most gage and the propertiec | were sold ot o public quetion (1 193¢. Also in 182¢,thne Medings fied an Amended Complaint praying tor tne declaration of vwility of the 2 real estate mortgage contracts 5 well os of bne extra-judicial torevowwre proveediags and the refund oh 2xcess payments, damages and otorneyis tee. IVE: _whetnes or not the egh totes ace Lous. EO: Nie nol the dsuty saul apPiet ony so tateresh sluice $diion for the_use of forbearanut_of money. taterelt ysay of stamages-i_| foverned lay Art 2209 bf the civil Code. tne civil Code permits tne agree | ment vpono pemalty apart fy ne intertth the penalty doe: not indude tne interest and of such tne vo ove different ond distinc tnings that may. tbe demanded sepacately:Sigaat_ys._yitlanyeva. Shik . beige Geek et Gk_N0-_132223 Cio = Nazario, I 7 ——— FAC: Rerpondent tiled o complaint toy (um of money ogainct petitioner. respondent claimed that petitioner _mpproacatd her inside the ONO and offered to yoan ney} Hie_omount of 640,900 -00 cf wnich fhe yan agreement warnot reduced inyriting. Qhd aneve wos no shipulaiien os to the payment of cabevest far tne (oon. ecupoiler Jissucd_9 check sorte P.CO0,0n0-00 to petitioner os gavtiol payment ot the loan-sne} nen isped gnokner check in te amount of P200,09D-00 to peritioneras payment} of tne remaining balance of Woe ton of yinign nae exle6s gmoyt of P1G),000:50— uiculd beoppited os inkecttt toc the loan Not catiched witin ne amount apyleed os — ingevect ,pttitioney pesteced nev to pay additinnal interest and Hereaktntd to olock of [disapprove ner transactions wit, the PNO if she would not comply with nis demand} |rows, che paid _addstiona| Amounts in cash ald cmecnc ac intereee for tne loan. She | Josked petitioney for yeceiyt tos tye payments ot was told thdt it wor mot necessaru) ‘Oi tee woos _mubval puct ond inagidence beeen them deiording to Wey computdtiod the total qynount che paid to tue petitioner fav the won ond intertct ourmulated fo f1,200,000-00 UEL Weiner of not intevte wing que 0 petiti gaey WELD: No: compensotory intevtch i¢ not eMdrgeauie in the instant case because it wits not duly pyoven 4hot rtipondent detautted in paying inetan and wo initcest quot due of fhe Ingg because there war nd wyitten agite ment Qt teg- ards payment nt intertsh Aypitle 14¢¢ gp the Cull code whieh veferc b monetary intevestspeuticony montater phot wd intgyect nol pe que untest it nos been | Aygeessy shpvloted in matting. At can ue gleaned bro the fove going pinvicisn, | poyment of monetary jntertit is _guowed owy if: (0) there woe on 2¥prtss thipulanon foy the payment of jnbeyect jad (the Ogterment Soy the poy ment of intevett woz deduced in wivibing. tye comeuritnce of Hie, two wOuditions ic requried Fo the a a aNo, Date shuuotion ynevegay in yuvitidy gg _guaneyited oy te ANo. Date Silq.cipee pape bieoh ug pet GR NO wip ds ECONO, fe FACTS: Spowses silos cecuyed a credit tine with PMG iMuolving g credit Agiee— Mert dnd _onort gage fo strive cuch ap agetemeyt- the cpouse’ also iccued — JstucXal promissory notes tn ver theixpayment-Inan dowments, thers weve PScalation auses /proviions OioyiNg PNB to ingredce py veduct interest vate unilaterally theve were found 4p pe widlative of ine principle o® te sibinithh of ptegeheaeee ot ansou neat nes 8 0! pesnenie tee | KsSMe i wie tne ov not ine interect rate pyoyisven in the Credit Agreement | Jond the Amendwaent to_tvedit kqitement ic pull and void for giving OMB ye, cole_power_tn Sy sue yates: HELO: the _ymilaztvgl oution of the PNG jn increasing cate_on tne privase typond= jents loan _yidigted the wuryatity of tonbracts ovdained in Avtide a0? of the Civil ode Art. BOP. The contrat ynusttoind woth wontracing partes; its vaidity oY a= pliance cannot be left ty the will of one of them. tn ovdey shat oigli gatnns griviag [eroin_vontvart! may poye the force of (dw betuleen tye parhes torre must be suhia— Hlity, eerucen the paces based oy theltessentigl equality vontyact sontaining a |unditien which makes its Mi\fllynent dependent gcuusively upen me ynumbailed wit of Yee yenbvacking pavyet i L¢ voidsL Hel a p_bsyury 2 rrp A Lien) ait ot rf ‘ “ oe p08 bigt bun i 2 fib ot Eb psi Ss “ war dit ‘i =Fastecn shipping tines uc CA Sk jo. 9742 Yitugs 2: ac eee - —_— FACIS: Two fiver diums weve pe onmlyn hon the date Jaf tne Kling of yeeploitt. on opyeal of the delendauts, tne appellate vauvt denitd feud come, ond ofFivmnecl im to bie decision of the tal conv. (GUE Wine Hoey Hoe appli caoie vate of \eqa) intevesd ic yams oy GMo IRELD: Te wvvt ald wok she Legal (udewest if Gt. ulmuted fyom the dtcisinn of [koe tout 9 ouo When on clligo tion. not onstipiting « jean ov try pearance of mo- pay sis prequbed jon imteyest gn tne amaunt of ddmoges puavded mayo tuspoied lat the diction pf the wouvt OF ene vate of CMe pev dpyllim. to tinttyelt ghall we ad = sitaplishned with yearn mote cevbaimy. |yuge tne judgement of foo wurt awarding o cum of govnel bewaec final and-ex euty, Hx rote oF intgyest shall be 2o pev ony tioyn such finality until cabictaction tis iateyio_pe- tipd_toting decwitd tp oe by Henan equivalent tof fore dra nceof nanyey. Pa eree ior eee oe eaercae Fro. ‘