La Salle Bank, N. I. v. First American Bank

This mortgage foreclosure action was initiated by appellee La Salle Bank, N.I. (La Salle), formerly known as La Salle Bank Northbrook, which had a mortgage lien on property commonly known as 828 Pony Lane, in Northbrook, Illinois (the subject premises). Appellant Daniel Lopez, who had signed a purchase contract on the subject premises and had advanced a sum of money to the now bankrupt legal owner, filed an answer and counterclaim. La Salle and Lopez disagreed as to the priority of their respective liens on the subject premises. Lopez moved for summary judgment. Hjs motion was denied and La…