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2140 LINCOLN PARK WEST v. AMER. NAT'L BK.

No. 79-1371.

88 Ill. App.3d 660 (1980)

410 N.E.2d 990

2140 LINCOLN PARK WEST et al., Plaintiffs-Appellants, v. AMERICAN NATIONAL BANK AND TRUST COMPANY OF CHICAGO, Trustee, et al., Defendants-Appellees.

Appellate Court of Illinois — First District (5th Division).

Opinion filed September 12, 1980.

Attorney(s) appearing for the Case

Pederson & Houpt, of Chicago (Marilee Roberg and Jonathan B. Gilbert, of counsel), for appellants.

Nathenson & Gussin, of Chicago (Zave H. Gussin, of counsel), for appellees.

Judgment affirmed.

Mr. JUSTICE WILSON delivered the opinion of the court:

This appeal arises out of an action to foreclose a mortgage and accelerate full payment of the underlying debt. On defendant's motion to dismiss, the trial court held that paragraph 15 of the trust deed was ineffective to serve as a basis for acceleration of the note and foreclosure of the trust deed. On appeal, plaintiffs contend that...

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