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LA SALLE NAT'L BANK v. ILL. HOUS. DEV. AUTH.

No. 85-3237.

148 Ill. App.3d 158 (1986)

498 N.E.2d 697

LA SALLE NATIONAL BANK, as Trustee, Plaintiff-Appellee, v. THE ILLINOIS HOUSING DEVELOPMENT AUTHORITY et al., Defendants-Appellants.

Appellate Court of Illinois — First District (2nd Division).

Opinion filed September 23, 1986.

Attorney(s) appearing for the Case

Robert C. Keck, Jr., Gail A. Niemann, and Ronald J. Rychlak, all of Chicago (Jenner & Block, of counsel), for appellants.

Epton, Mullin & Druth, Ltd., of Chicago (George J. Schaller, Richard E. Friedman, and Mark P. Cohen, of counsel), for appellee.

Reversed and remanded.

JUSTICE HARTMAN delivered the opinion of the court:

Defendants, Illinois Housing Development Authority and Harris Trust and Savings Bank (collectively IHDA), appeal a summary judgment entered in favor of plaintiff La Salle National Bank (La Salle), which found that La Salle had the right to prepay its obligation to IHDA on a mortgage. We are asked to decide whether there exists a material issue of triable fact or an ambiguity in the...

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