City National Bank of Murphysboro v. Vancloostere

Plaintiff, the City National Bank of Murphysboro (the Bank), brought an action in the circuit court of Jackson County pursuant to the Illinois Mortgage Foreclosure Law (Ill. Rev. Stat. 1989, ch. 110, par. 15 — 1101 et seq.) to foreclose on two mortgages it had issued to defendants, Robert E. and Willa Maxine Vancloostere. The Bank’s amended foreclosure complaint was filed July 26, 1989. On November 17, 1989, the circuit court entered its judgment of foreclosure. In that judgment, the circuit court specified that the redemption period, which it found to be governed by section 15 — 1603(b)(1)…