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MORTGAGE SYNDICATE v. DO & GO EQUIPMENT

No. 71-67.

7 Ill. App.3d 106 (1972)

286 N.E.2d 520

MORTGAGE SYNDICATE, INC., Plaintiff-Appellant, v. DO AND GO EQUIPMENT, INC. et al., Defendants-Appellees.

Appellate Court of Illinois — Fifth District.

August 18, 1972.

Attorney(s) appearing for the Case

W.C. Spomer, of Cairo, for appellant.

Gilbert Rosch, of Granite City, and Robert L. Lansden, of Cairo, for appellees.

Affirmed and remanded.

Mr. PRESIDING JUSTICE GEORGE J. MORAN delivered the opinion of the court:

This is an appeal from the trial court's refusal to enter a deficiency decree against the individual endorsers of a note secured by a real property mortgage in an action brought to foreclose the mortgage and for a personal deficiency decree.

In 1965, defendant, Do and Go Equipment Company, mortgaged certain real estate as security for an original indebtedness...

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