Village of Rosemont v. Maywood-Proviso State Bank

This appeal arises from a condemnation action filed by plaintiff, the village of Rosemont (the village), which named Maywood-Proviso State Bank (Maywood), trustee of land trust No. 6121, and Karl M. and Edith Guenther, beneficiaries of the land trust, as mortgagors of the condemned property and Lyons Savings & Loan Association (Lyons) as mortgagee. Lyons appeals from an order of the circuit court which distributed the condemnation proceeds, claiming that the trial court’s order acted to deny Lyons its prepayment interest premium and release fee to which it was entitled under the terms of the…