Oakland National Bank v. Tomei

PRESIDING JUSTICE LUND

delivered the opinion of the court:

Defendants Edwin E. Tomei and David E. Suhrenbrock appeal from the order of the circuit court of Coles County denying their motion to vacate judgments by confession entered against them on July 12, 1990, in the amounts of $25,000 and $10,000, respectively (Ill. Rev. Stat. 1989, ch. 110, par. 2 — 1401). We reverse.

Plaintiff Oakland National Bank (Bank) obtained judgments by confession against defendants based on guaranties they purportedly signed for loans made by the Bank to Donald Nappe.

Each of the guaranties specifies the dollar…