OPINION
FERGUSON, District Judge:
This is an appeal from an order of the district court affirming on review the orders of a bankruptcy referee. We affirm.
The essential facts are:
1. On October 13, 1971, Mr. and Mrs. Chew executed a deed of trust and assignment of rents.
2. Under the deed, twenty-four (24) parcels of income producing real property in San Francisco, together with their
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