755 ILCS 5/20-11

(755 ILCS 5/20-11) (from Ch. 110 1/2, par. 20-11) Sec. 20-11. Terms of mortgage.) An order authorizing that a mortgage be made must designate the time of the maturity thereof, the amount of the indebtedness and the rate of interest to be paid thereon. (Source: P.A. 79-328.)