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FLEET MORTGAGE CORP. v. U.S. CONGLOMERATE

No. 87-0771.

166 Ill. App.3d 537 (1988)

519 N.E.2d 949

FLEET MORTGAGE CORPORATION f/k/a Mortgage Associates, Inc., Plaintiff-Appellant, v. U.S. CONGLOMERATE, INC., Defendant-Appellee (Adolph Brackenridge et al., Defendants).

Appellate Court of Illinois — First District (1st Division).

Opinion filed January 19, 1988.

Attorney(s) appearing for the Case

David S. Kreisman and Kevin P. Brown, both of Shapiro & Kreisman, P.C., of Deerfield, for appellant.

Leonard Murray and Marcus R. Salone, both of Chicago, for appellee.

Judgment reversed.

JUSTICE O'CONNOR delivered the opinion of the court:

This appeal concerns the priority of liens and the interplay between the recording requirements of "An Act concerning land titles" (the Torrens Act or the Act) (Ill. Rev. Stat. 1983, ch. 30, par. 45 et seq.) and Federal tax lien procedure. Fleet Mortgage Corporation (Fleet) filed suit to foreclose a mortgage held on a property owned by Betty Brackenridge. U.S. Conglomerate, Inc...

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