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The acceptance of the payments even beyond the 10-year period of redemption estopped the
mortgagees heirs from insisting that the period to redeem the property had already expired. Their actions
impliedly recognized the continued existence of the equitable mortgage. The conduct of the original
parties as well as of their successors-in-interest manifested that the parties to the Kasulatan ng Biling
Mabibiling Muli really intended their transaction to be an equitable mortgage, not a pacto de retro sale.