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Central Bank vs.

CA

G.R. No. L-45710 October 3, 1985 Petiion for Review on Certiorari to set aside and annul the decision of the CA FACTS: 1. The petitioner, Central Bank and private respondent, Sulpicio Tolentino entered into a contract. 2. Central Bank will grant the loan application by Tolentino worth P80,000 and Tolentino in turn will execute a mortgage over his real estate property covering 100 hectares of land. 3. The loan is repayable in semi annual instalments for a period of 3 years, with 12% annual interest.

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