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PEOPLES FED. SAV. & LOAN ASS'N v. WILLSEY

No. 3-783A216.

466 N.E.2d 470 (1984)

PEOPLES FEDERAL SAVINGS AND LOAN ASSOCIATION OF EAST CHICAGO, Indiana, a United States Corporation, Appellant (Plaintiff below), v. Maurice WILLSEY a/k/a Jack Willsey, Dorothy C. Willsey, Joseph A. Bachleitner and Betty L. Bachleitner, Appellees (Defendants below).

Court of Appeals of Indiana, Third District.

Rehearing Denied October 2, 1984.

Attorney(s) appearing for the Case

Frank J. Bochnowski, Straley M. Thorpe, Munster, Kenneth M. Wilk, Hammond, for appellant.

Theodore J. Nowacki, Bose, McKinney & Evans, Indianapolis, for Sav. and Loan League of Ind., Inc., amicus curiae.

William J. Moran, Highland, for appellees Willsey.

STATON, Presiding Judge.

Peoples Federal Savings and Loan (Peoples) sued Maurice and Dorothy Willsey (Willseys) seeking to accelerate their note and to foreclose upon their mortgage after Willseys sold the mortgaged real estate to Joseph and Betty Bachleitner (Bachleitners) under a conditional land sale contract. Peoples also named Bachleitners as defendants and sought to have its interest declared superior to theirs. Peoples...

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