• 3 Accordingly, we find that while a settlor who retains the power of direction may have superior rights to the beneficiary bereft of such power of direction ( Dorman, 97 Ill. App.3d at 433), we do not find that said beneficiary should be deprived of notice of pending foreclosure proceedings under the circumstances of this case. In Alcoa Building Products, Inc. v. LaSalle National Bank (1978), 62 Ill. App.3d 510, the court held that the trustee of a land trust who had been made aware of the assignments of beneficial interest in the trust had a duty to notify the assignee-owner of the beneficial interest of foreclosure proceedings instituted against the trust res. Although, as defendant points out, Alcoa was limited to the facts in that case, we find the instant case sufficiently similar to warrant application of the Alcoa holding.
Similarly, in Alcoa Building Products, Inc. v. LaSalle National Bank, a trustee had a duty to notify a beneficiary of pending foreclosure proceedings. 379 N.E.2d 66, 68-69 (Ill. App. Ct. 1978). Williams and Alcoa, however, are distinguishable from this case, because they involved a dispute as to whom the beneficial rights to the property belonged.