EMMARIE REY BERNARDO, PETITIONER, VS. REGIONAL TRIAL COURT OF INFANTA, QUEZON, BRANCH 65 PRESIDED BY ARNELO C. MESA, ZITA S. ROMANTICO, SHERIFF IV OF RTC, INFANTA QUEZON BRANCH …
ABDULWAHID, J.:
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(1) The litigating parties jointly manifested before their appellate court mediator that they have agreed and reached the following settlement of their dispute and submitted their compromise agreement (attached herewith) stating that petitioner Emmarie Rey Bernardo shall pay respondent Romeo Crisostomo in twenty-four (24) equal monthly installments at the rate of Twenty thousand Eight Hundred Thirty Three & 33/100 Pesos (P20,833.33) each month starting March 7, 2015 until the whole amount of Five Hundred Thousand Pesos (P500,000.00) is fully paid.
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(2) Upon full payment of the obligation, the parties mutually agree to execute the necessary document to cause the cancellation in the annotations in the Transfer Certificate of Title in the name of Emmarie Rey Bernardo married to Vonn Carlo Bernardo and the release of the Transfer Certificate of Title in the possession of the surety, to Arnulfo Crisostomo.
(3) They further agreed that the annotation in their respective Transfer Certificate of Titles shall be cancelled upon full compliance of the terms and conditions of their compromise agreement, original copy of which is hereto attached.
The Mediator’s Report was co-signed by petitioner Emmarie Rey Bernardo and respondents Arnulfo Crisostomo and Romeo Crisostomo through his attoney-in-fact, and is supported by Pagsang-ayon[2] of Romeo Crisostomo dated January 26, 2015 and his Special Power of Attorney[3] executed on July 31, 2014 as attorney-in-fact who gave his conformity thereto.
WHEREFORE, the Mediator’s Report is well-taken and being well-grounded and in order, the compromise agreement entered into by petitioner and respondent is APPROVED, and considered as the Judgment between the parties in the above-entitled case. Both parties are enjoined to faithfully comply with the terms and conditions of the compromise agreement.
SO ORDERED.
Gonzales-Sison., and Sorongon, E. D., JJ., concur.
[1] Rollo, pp. 403-404,408-409.
[2] Id. at 405; 410.
[3] Id. at 406; 411.