Illinois Statutes

§ 15-1209 — Mortgagor

Illinois·Topic RIGHTS AND REMEDIES·Ch. 735 CIVIL PROCEDURE·Act 735 ILCS 5/ Code of Civil Procedure.·Art. Article XV - Mortgage Foreclosure
"Mortgagor" means (i) the person whose interest in the real estate is the subject of the mortgage and (ii) any person claiming through a mortgagor as successor. Where a mortgage is executed by a trustee of a land trust, the mortgagor is the trustee and not the beneficiary or beneficiaries.

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Legislative History

(Source: P.A. 85-907.)

Nearby Sections

15
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