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unpaid balance, if any, of Sepe's 1970-71 loan, but not the 1971-72 crop loan. The
PNB acted with bad faith in proceeding against Alcedo's property to satisfy Sepe's
unpaid 1971-72 sugar crop loan. The extrajudicial foreclosure being null and void
ab initio, the certificate of sale which the Sheriff delivered to PNB as the highest
bidder at the sale is also null and void.