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PNC BANK, NATIONAL ASSOCIATION v. 1519 BUILDING CORP., 13 cv 6358. (2014)

Court: District Court, N.D. Illinois Number: infdco20140606677 Visitors: 2
Filed: Apr. 17, 2014
Latest Update: Apr. 17, 2014
Summary: MOTION FOR JUDGMENT ON GUARANTY OF ELLEN L. BOETTICHER ROBERT W. GETTLEMEN, District Judge. NOW COMES the Plaintiff, PNC Bank, National Association, successor in interest by merger to National City Bank, by its attorneys CROWLEY & LAMB, P.C., and moves the Court for the entry of judgment on Count III of its First Amended Complaint alleging breach of guaranty against Ellen L. Boetticher. In support thereof, PNC Bank, National Association, successor in interest by merger to National City Bank,
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MOTION FOR JUDGMENT ON GUARANTY OF ELLEN L. BOETTICHER

ROBERT W. GETTLEMEN, District Judge.

NOW COMES the Plaintiff, PNC Bank, National Association, successor in interest by merger to National City Bank, by its attorneys CROWLEY & LAMB, P.C., and moves the Court for the entry of judgment on Count III of its First Amended Complaint alleging breach of guaranty against Ellen L. Boetticher.

In support thereof, PNC Bank, National Association, successor in interest by merger to National City Bank, states an order of default was entered against Ellen L. Boetticher on February 18, 2014. See Exhibit A attached hereto. Based on the affidavit of James Rhea submitted in connection with the Motion for Judgment, Ellen L. Boetticher was in default under the terms of her Guaranty, and as a result was liable for all amounts due PNC Bank in connection with the Promissory Note dated August 17, 2007 in the original amount of $120,000.00.

As noted in the sale officer's report of sale and distribution, a deficiency of $87,510.32 has arisen following the judicial sale of the subject property. As alleged in Count III of Plaintiff's First Amended Complaint, Ellen L. Boetticher executed an unconditional guarantee whereby she agreed to pay all monies due in connection with the loan. A copy of the guaranty is attached hereto as Exhibit B. Accordingly, personal judgment should be entered against Ellen L. Boetticher in the amount of $87,510.32, pursuant to Count III of Plaintiff's First Amended Complaint.

Wherefore, PNC Bank, National Association, prays this Court enters judgment against Ellen L. Boetticher in the amount of $87,510.32 and for such other and further relief to which PNC Bank National Association, as successor in interest by merger to National City Bank may be entitled.

EXHIBIT A

IN THE UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF ILLINOIS, EASTERN DIVISION PNC Bank, National Association, successor in interest by merger to National City Bank, Plaintiff, Case No. 13 cv 6358 v. Assigned Judge: Robert W. Gettleman 1519 Building Corp. a/k/a 1519 Building Magistrate Judge: Young B. Kim Corporation, an Illinois corporation; Ellen L. Boetticher; Kevin Scanlon; Illinois Department of Property Address; 1519 172nd St. Labor, Hazel Crest, IL 60429 Defendants.

ORDER OF DEFAULT

This matter coming to be heard on Plaintiff's Motion for Default for Defendant's failure to answer or otherwise plead to Plaintiff's Complaint, due notice having been given, and the Court having jurisdiction of the parties and subject matter, and being fully advised in the premises:

IT IS HEREBY ORDERED, that Defendants, 1519 Building Corp. a/k/a 1519 Building Corporation, an Illinois corporation; Ellen L. Boetticher; and Illinois Department of Labor, are in default for failure to answer or otherwise plead to the Complaint, and that the Complaint is confessed against the said Defendants.

James M. Crowley (ARDC#6182597) Christopher S. Fowler (ARDC#2892889) Crowley & Lamb, P.C. 221 North LaSalle Street, Suite 1550 Judge ROBERT W. GETTLEMAN Chicago, Illinois 60601 (312) 670-6900 February 18, 2014 jcrowley@crowleylamb.com cfowler@crowleylamb.com

EXHIBIT B

Source:  Leagle

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