Illinois State Bank of Quincy v. Yates

PUDLOWSKI, Judge.

Illinois State Bank, appellant, brought this action against Robert 0. and Doris N. Yates, the Lewis Group, 1 George C. Lang and Arch J. Reimann, and the Federal Land Bank of Saint Louis to foreclose a deed of trust on property securing a promissory note. The trial court sitting without a jury entered judgment for the respondents at the close of appellant’s case. We affirm.

The land which is the subject matter of this action was owned originally by Nelson and Yates Farms, Inc. On June 25, 1971, Nelson and Yates Farms executed a deed of trust to the Federal Land Bank of St.…