QUILLIAN, Presiding Judge.
1. This is an appeal from a summary judgment granted to plaintiff in the trial court. Plaintiff loan corporation permitted defendant to execute a new note to pay off a preexisting note. Defendant failed to make payments in the correct amount and on the correct date on the new note. Plaintiff brought this action and defendant alleged there was a violation of the Industrial Loan Act. The note contained an acceleration clause which stated:...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.