Schmitt v. Osborne

The complaint, in substance, alleges the following facts:

Judith Schmitt, the plaintiff, is the daughter of the defendants Sam Osborne and his wife Katherine Osborne. The Osbornes, in April of 1974, were the owners of a described parcel of land and the home located thereon in the Town of Manitowish Waters in Vilas county. The premises in question were subject to a note and mortgage held by a bank in Freeport, Illinois. The note and mortgage were delinquent and the Osbornes were in imminent danger of losing them by foreclosure.

The plaintiff-daughter and parent-defendants entered into an oral…