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LIFE SAVINGS & LOAN ASS'N v. BRYANT

No. 83-1145.

125 Ill. App.3d 1012 (1984)

467 N.E.2d 277

LIFE SAVINGS AND LOAN ASSOCIATION OF AMERICA, Plaintiff-Appellee, v. ADAM BRYANT et al., Defendants-Appellants.

Appellate Court of Illinois — First District (4th Division).

Rehearing denied July 12, 1984.

Attorney(s) appearing for the Case

Sidney Margolis and Steven J. Goldberg, both of Winston & Strawn, of Chicago, for appellants.

William R. Yowell, of Chicago, for appellee.

Order reversed.

PRESIDING JUSTICE LINN delivered the opinion of the court:

Defendants, Adam and Ruth Bryant, entered into a contract with Katrina, Inc., for the purchase of property in Cook County, Illinois. Defendants paid an earnest money deposit and began making payments to Katrina, which did not hold legal title at the time the contract was entered into. Katrina subsequently executed a mortgage on the...

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