FIRST NAT. BANK v. EFFINGHAM-CLAY SERVICE

No. 4-93-0802.

633 N.E.2d 67 (1994)

261 Ill. App.3d 890

198 Ill.Dec. 605

The FIRST NATIONAL BANK IN TOLEDO, a National Banking Corporation, Plaintiff-Appellee, v. EFFINGHAM-CLAY SERVICE COMPANY, Defendant-Appellant.

Appellate Court of Illinois, Fourth District.

April 13, 1994.


Attorney(s) appearing for the Case

James F. Jarrett, Schniederjon, Weber & Jarrett, Effingham, for appellant.

John O. Cutright, Cutright & Cutright Law Office, Toledo, for appellee.


Justice LUND delivered the opinion of the court:

Jerry Sherwood, a farmer living on a rural route near Greenup, Illinois, borrowed money from the First National Bank in Toledo (Bank), plaintiff, pledging his 1991 corn, soybeans, and wheat crops as security. Adequate security documentation was duly filed with the Cumberland County clerk's office (Greenup and Toledo are both located in Cumberland County). Sherwood executed...

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