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case in other venues. The parties must be able to show that such stipulation is exclusive.
Failure to do so would result to the parties stipulating additional venues for the case.
In the case at bar, both the stipulation in the Real Estate Mortgage and the Restructuring
Agreement have words of exclusivity. The Supreme Court held that the Restructuring
Agreement should prevail as this modified the entire loan obligation. The later Restructuring
Agreement reveals the intention of the parties to implement a restrictive venue stipulation, which
applies not only to the principal obligation, but also to the mortgages.