Bank of Hillside v. Laurel Motors, Inc.

PRESIDING JUSTICE CAMPBELL

delivered the opinion of the court:

Defendant Laurel Motors, Inc. (Laurel Motors), appeals an order granting summary judgment in favor of plaintiff Bank of Hillside (Bank) on both counts of plaintiff’s complaint.

The record indicates the following facts. Prior to March 1989, Raymond Hazucka, Jr. (Hazucka), had financed the purchase of a 1982 Porsche 911 Targa convertible from Hinsdale Motors through the Bank. The loan for the Porsche was evidenced by a promissory note given by Hazucka to the Bank in the principal amount of $22,000. The Bank took a security interest in…