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IN RE TAVERN MOTOR INN, INC.

Bankruptcy No. 83-89.

69 B.R. 138 (1986)

In re TAVERN MOTOR INN, INC. d/b/a Montpelier Tavern Inn, Debtor.

United States Bankruptcy Court, D. Vermont.

On Request To Correct Order January 8, 1987.

Attorney(s) appearing for the Case

A. Field, Montpelier, Vt., for debtor.

S. Knapp, Dinse, Erdmann & Clapp, Burlington, Vt., for the Chittenden Trust Co. ("Chittenden").

A. Medor, Rutland, Vt., Trustee pro se.

J. Riley, McKee, Guiliani & Cleveland, Montpelier, Vt., for City of Montpelier.

OPINION & ORDER FOR VALUATION OF SECURED CLAIM

FRANCIS G. CONRAD, Bankruptcy Judge.

ORDER

Chittenden has applied for a valuation of its secured claim. We find the amounts submitted for principal, interest, appraisals, accounting services, and court reporting to be fair and reasonable. Because we hold that once a mortgagor declares the debtor's promissory note in default and the entire obligation due, the mortgagor's right to add charges for...

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