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IN RE MATTRESS FACTORY SLEEP SHOP, INC.

No. 82-2359.

717 F.2d 1225 (1983)

In re The MATTRESS FACTORY SLEEP SHOP, INC., Debtor. The MATTRESS FACTORY SLEEP SHOP, INC., Appellant, v. SIMMONS U.S.A., a corporation, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided October 5, 1983.

Attorney(s) appearing for the Case

Vogler & Smith, Vincent D. Vogler, Jr., William J. Prebil, St. Louis, Mo., for appellant.

Erbs & Erbs P.C. by Louis A. Vlasaty, St. Louis, Mo., for appellee.

Before LAY, Chief Judge, McMILLIAN, Circuit Judge, and DUMBAULD, Senior District Judge.

DUMBAULD, Senior District Judge.

This is an appeal from the bankruptcy court which allowed appellee's claim as a secured claim, based upon a security agreement executed on August 4, 1980.

The security agreement reads as follows:

"WHEREAS, the debtor is indebted to the secured party in the amount of $30,191.71, and does hereby grant to the secured party a security interest in the following property and any and all additions and successions thereto...

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