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IN RE SHULL

Bankruptcy No. 84-01264, Complaint No. 85-0299.

72 B.R. 193 (1986)

In re Thomas Evan SHULL a/k/a Tommy Shull and Brenda Gail Shull d/b/a Pondside Farms, Debtors. Thomas Evan SHULL and Brenda Gail Shull, Plaintiffs, v. Evan A. SHULL, Edisto Production Credit Association, Lexington State Bank, United States of America, Acting Through its Agency the Small Business Administration and Also Through the United States Department of Agriculture Through its Agency the Farmers Home Administration and FCX, Inc., Defendants.

United States Bankruptcy Court, D. South Carolina.

September 2, 1986.

Attorney(s) appearing for the Case

J. Martin Harvey, Blatt and Fales, Barnwell, S.C., for plaintiffs.

J. Michael Taylor, Asst. U.S. Atty., Small Business Admin., Columbia, S.C., for defendant SBA.

Mary G. Slocum, Asst. U.S. Atty., Vinton D. Lide, U.S. Atty., Columbia, S.C., for defendant FmHA.

Reid B. Smith, Smith & Watkins, Columbia, S.C., for defendant Edisto PCA.

J. BRATTON DAVIS, Bankruptcy Judge.

The debtors seek authority from this court to sell four tracts of real property on which the defendants hold mortgages. Although there are no objections to the sale, there is a controversy as to how the mortgage of LSB should be satisfied. The manner in which LSB's mortgage is satisfied will directly affect how much the second mortgagees recover on their respective mortgages.

The defendant Edisto Production Credit Association...

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