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IN RE LA BRADA

Bankruptcy No. 191-13738-260.

132 B.R. 512 (1991)

In re Jorge LA BRADA, Debtor.

United States Bankruptcy Court, E.D. New York.

October 10, 1991.

Attorney(s) appearing for the Case

Arthur Morrison, New York City, for debtor.

Zavatsky & Mendelsohn, Syosset, N.Y., by Allan B. Mendel Sohn, for Alexander J. Varveris, movant.

Stuart P. Gelberg, Garden City, N.Y., Trustee.

Lisa R. Pepper, South Brunswick, N.J., for Federal Deposit Ins. Corp.

CORRECTED DECISION ON MOTION TO MODIFY THE AUTOMATIC STAY

CONRAD B. DUBERSTEIN, Chief Judge.

This matter comes before this court on the motion of Alexander J. Varveris (the "Movant") who seeks the termination of the automatic stay pursuant to 362(d)(1) so that he may continue his action to foreclose his mortgage (the "Mortgage") on property located at 64-05 215th Street, Bayside New York (the "Property"). That action is now

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