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IN RE LAMBERT ENTERPRISES, INC.

Bankruptcy No. 7-81-00050, Adv. No. 7-82-0088.

21 B.R. 529 (1982)

In re LAMBERT ENTERPRISES, INC., d/b/a Bandy's, Clinch Valley Meats, & Lambert Village Apartments, Debtor. The RICHLANDS NATIONAL BANK, Plaintiff, v. LAMBERT ENTERPRISES, INC., Defendant.

United States Bankruptcy Court, W.D. Virginia, Abingdon Division.

June 23, 1982.

Attorney(s) appearing for the Case

Robert T. Copeland, Abingdon, Va., for plaintiff.

S. Strother Smith, III, Abingdon, Va., and Michael A. Bragg, Bristol, Va., for debtor/defendant.

MEMORANDUM OPINION AND ORDER

H. CLYDE PEARSON, Bankruptcy Judge.

Plaintiff, The Richlands National Bank ("The Bank"), seeks relief from the automatic stay of 11 U.S.C. § 362. Two issues are before the Court: (1) whether Plaintiff remains secured on a deed of trust where the original promissory note secured by that instrument is cancelled by renewal and (2) whether the renewal note contains a provision for the...

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