District Court, C.D. Illinois April 11, 1979, 78-1272 (Bailey v. First Federal Savings & Loan Ass'n of Ottawa)

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United States · · · 11-04-1979

DECISION AND ORDER ON MOTIONS

ROBERT D. MORGAN, Chief Judge.

Plaintiff originally filed this action in the Circuit Court of Bureau County, Illinois, seeking a declaration that “due-on-sale” clauses in two mortgage deeds executed by himself and the defendant Association are unconstitutional restraints on alienation and are against the public policy of the State of Illinois.

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