This case has been cited 1 times or more.
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2015-08-17 |
LEONARDO-DE CASTRO, J. |
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| In addition, under Rule 132, Section 30 of the Revised Rules of Court, "[ejvery instrument duly acknowledged or proved and certified as provided by law, may be presented in evidence without iiirther proof, the certificate of acknowledgment being prima facie evidence of the execution of the instrument or document involved." The loan and collateral contracts, as well as the loan applications and Secretary's Certificates herein, are notarized, meaning, they had been acknowledged before a notary public. Notarized documents carry the evidentiary weight conferred upon them with respect to their due execution, and have in their favor the presumption of regularity. Hence, they are admissible in evidence without further proof of their authenticity, and are entitled to full faith and credit on their face. To rebut their authenticity and genuineness, the contrary evidence must be clear, convincing, and more than merely preponderant; otherwise, the loan and collateral contracts, loan applications, and Secretary's Certificates should be upheld.[60] | |||||