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IN RE COLONIAL MANOR ASSOCIATES, LTD.

Bankruptcy No. 89-1660-BKC-3P1.

103 B.R. 315 (1989)

In re COLONIAL MANOR ASSOCIATES, LTD., a Georgia limited partnership, Debtor.

United States Bankruptcy Court, M.D. Florida, Jacksonville Division.

July 31, 1989.

Attorney(s) appearing for the Case

Michael E. Demont, Jacksonville, Fla., David N. Reed, Davis, Meadows, Owens, Collier & Zachary, Dallas, Tex., for debtor.

Paul M. Glenn, Jacksonville, Fla., Julia Dobbins, Shannon, Gracey, Ratliff & Miller, Fort Worth, Tex., for Movant Fairway Manor Investors, Ltd.

William J. Deas, Jacksonville, Fla., Gregory A. Lowry, Locke, Purnell, Rain, Harrell, Dallas, Tex., for John Hancock Mut. Life Ins. Co.

Mark Agee, Johnson & Swanson, Dallas, Tex., for US Tee.

Lynne L. England, U.S. Trustee, Tampa, Fla.

MEMORANDUM OPINION

GEORGE L. PROCTOR, Bankruptcy Judge.

This case is before the Court upon the Motion for Relief from the Automatic Stay filed by Fairway Manor Investors Limited ("Investors"). Hearings on the motion were held on July 10 and July 13, 1989, and upon the evidence presented, the Court enters the following findings of fact and conclusions of law.

FINDINGS OF FACT

1. This motion by a secured creditor for relief from the automatic...

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