Vol. 35 No.105
       ©2007 Marianas Variety
Thursday, August 9, 2007 www.mvariety.com
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Landowner sued for nonpayment of debts

By Cherrie Anne E. Villahermosa
Variety News Staff

A MAN sued a landowner for nonpayment of debts amounting to $16,250.
Juan M. Cabrera, through attorney Douglas F. Cushnie, filed the complaint in Superior Court against Edward T. Benavente.
The plaintiff is seeking an order of quieting title to a real property situated in As Matuis or, alternatively, damages in an amount equivalent to the value of the property or the amount paid by the plaintiff to Financial Services.
The plaintiff is also seeking attorney’s fees, cost of suit, pre-judgment interest and other relief which the court deems proper.
The defendant is the owner of a real property in As Matuis.
According to the complaint, the defendant and the plaintiff entered into a loan agreement with the Financial and Insurance Services Group Inc. in the principal amount of $16,000 on April 11, 2005. The two entered into an agreement which provided that if the defendant failed to meet his responsibilities to make monthly payments to Financial Services and defaulted for a period to exceed 90 days, the defendant would “surrender, convey and forever release unto the grantee all rights, interest or claim in the property.”