Hillblom v. Ivancsits

Mr. PRESIDING JUSTICE SULLIVAN

delivered the opinion of the court:

This is an appeal from the entry of summary judgment for defendant in a suit to foreclose a vendee’s lien, and the sole issue presented is the propriety of the judgment.

It appears that in June of 1974, plaintiffs entered into a written agreement with Stross & Leslie, Inc. (Stross) for the purchase of certain real property held in a land trust wherein the First National Bank of Blue Island was trustee and Stross the beneficiary. Pursuant to the terms of the agreement, plaintiffs made a down payment to Stross of *1,000 upon the…