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U.S. v. AMERICAN NAT. BANK OF BENSENVILLE

No. 86 C 7630.

77 B.R. 201 (1987)

UNITED STATES of America, Plaintiff, v. AMERICAN NATIONAL BANK OF BENSENVILLE (F/K/A First American Bank of Bensenville), as Trustee U/T/A December 6, 1979 and known as Trust No. 79-336; Elizabeth R. Pappas, and Unknown Owners, Defendants.

United States District Court, N.D. Illinois, E.D.

August 10, 1987.

Attorney(s) appearing for the Case

Gillum Ferguson, Asst. U.S. Atty., Chicago, Ill., for plaintiff.

Selwyn Coleman, Roselle, Ill., Ronald V. Hirst, Law Offices of Thomas A. Durkin, Chicago, Ill., for defendants.

MEMORANDUM OPINION AND ORDER

HOLDERMAN, District Judge:

On October 8, 1986 the United States brought this action to foreclose a mortgage. The U.S. alleged that on December 30, 1981 Article Two, Inc. d/b/a Gun World ("Gun World") borrowed $450,000 from Plaza Bank, executed a promissory note in that amount and delivered a mortgage on certain DuPage County property as security.

Before the court is plaintiff's motion for summary judgment.

BACKGROUND...

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