debtor must be the absolute owner of the thing pledged or mortgaged; and

?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)

3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:

?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the

fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in

case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.

NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate debtor must be the absolute owner of the thing pledged or mortg
aged; and
?
The reason being that in anticipation of a possible foreclosure sale in
case of default which is still a sale, the rule is that the seller must be the o
wner of the thing sold (Cavite Development Bank vs. Lim, 324 SCRA 346)
3.
Pledgor, mortgagor, antichretic debtor must have free disposal of their
property, or be legally authorized for such purpose.
NOTES:
?
Third persons can pledge or mortgage their own property to secure the pr
incipal obligation.
?
It is not necessarily void simply because the accommodation pledgor or m
ortgagor did not benefit from the same. So long as valid consent was given, the
fact that the loan was given solely for the benefit of the principal debtor woul
d not invalidate