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LINCOLN PARK FED. SAV. & LOAN v. CARRANE

No. 1-88-1881.

192 Ill. App.3d 188 (1989)

548 N.E.2d 636

LINCOLN PARK FEDERAL SAVINGS AND LOAN ASSOCIATION, Plaintiff-Appellee, v. ROBERT A. CARRANE et al., Defendants-Appellants.

Appellate Court of Illinois — First District (2nd Division).

Opinion filed December 12, 1989.

Attorney(s) appearing for the Case

Douglas G. Felder, of Carrane, Newman & Freifeld, of Chicago, for appellants.

Gerard C. Heldrich, Jr., and Jeffrey K. Gutman, both of Heldrich, Gutman & Associates, of Chicago, for appellee.

Judgment affirmed.

PRESIDING JUSTICE BILANDIC delivered the opinion of the court:

Plaintiff, Lincoln Park Federal Savings and Loan Association (hereinafter the Bank), sued defendants, Robert A. Carrane and Joseph Bechtold, as guarantors of a promissory note made by Cosmopolitan National Bank, as trustee under a land trust agreement (the Land Trustee). The land trust was created by defendants, Carrane and Bechtold...

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