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IN RE DITTMER

Bankruptcy No. 87-70781, Adv. No. 87-7271.

102 B.R. 143 (1988)

In re Robert G. DITTMER, Luella Dittmer, Debtors. Steven E. SIEBERS, Trustee, Plaintiff, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Robert G. Dittmer and Luella Dittmer, Defendants.

United States Bankruptcy Court, C.D. Illinois.

May 12, 1988.

Attorney(s) appearing for the Case

Steven E. Siebers, Quincy, Ill., trustee.

Thomas W. O'Neal, Carthage, Ill., Hubert Staff, Quincy, Ill., for debtor.

Dennis W. Gorman, Quincy, Ill., for Federal Deposit Ins. Corp.

OPINION

LARRY L. LESSEN, Chief Judge.

This matter is before the Court on the complaint of the Trustee objecting to the secured claim of the FDIC. The Trustee, the Debtors and the FDIC have filed motions for summary judgment.

The material facts, which are undisputed, are as follows:

The Debtor, Robert G. Dittmer, executed security agreements dated April 14, 1982, and April 30, 1982, in favor of the Mendon State Bank, pledging as security his...

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