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CARLOS LIM v. DEVELOPMENT BANK OF PHILIPPINES

This case has been cited 1 times or more.

2013-12-11
VILLARAMA, JR., J.
We have consistently held that unless the parties stipulate, personal notice to the mortgagor in extrajudicial foreclosure proceedings is not necessary because Section 3[1] of Act No. 3135[2] only requires the posting of the notice of sale in three public places and the publication of that notice in a newspaper of general circulation.[3]