I. Lender extended to Borrower a P100,000.00 loan covered by a promissory note. Later, Borrower obtained another P100,000.00 loan again covered by a promissory note. Still later, Borrower obtained a P300,000.00 loan secured by a real estate mortgage on his land valued at P500,000.00 Borrower defaulted on his payments when the loans matured. Despite demand … Continue reading 2015 Bar Exam Suggested Answers in Remedial Law by the UP Law Complex