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FIRSTSOUTH, F.A. v. LaSALLE NAT. BANK

No. 86 C 10247.

699 F.Supp. 1248 (1988)

FIRSTSOUTH, F.A., f/k/a Firstsouth Federal Savings & Loan Association, Plaintiff, v. LaSALLE NATIONAL BANK, etc., et al., Defendants. AN ASSOCIATION OF FRANCISCAN FATHERS OF the STATE OF ILLINOIS, Defendant and Third Party Plaintiff, v. Milton N. ZIC, Third Party Defendant.

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

July 12, 1988.

Attorney(s) appearing for the Case

James D. Murphy, P.C., Richard T. Ryan, Flynn, Murphy & Ryan, Chicago, Ill., for An Ass'n of Franciscan Fathers of the State of Ill.

Paul Hansfield, Chicago, Ill., for Milton N. Zic.

MEMORANDUM OPINION AND ORDER

SHADUR, District Judge.

Firstsouth, F.A. ("Firstsouth") brought this action to foreclose on its mortgage on property in the Village of Oak Brook known as Whitehall Park. One of the defendants is An Association of Franciscan Fathers of the State of Illinois ("Franciscans"1), who hold a purchase money mortgage on the property from another defendant: LaSalle...

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