IN RE FEIMER

Bankruptcy No. 91-40446-PKE.

131 B.R. 857 (1991)

In re Ronald John FEIMER and Kathleen Marie Feimer, dba Feimer Construction.

United States Bankruptcy Court, D. South Dakota, S.D.

September 24, 1991.


Attorney(s) appearing for the Case

Roger W. Damgaard, Woods, Fuller, Shultz & Smith, P.C., Sioux Falls, S.D., for creditor/movant Cedar Sec. Bank.

Wanda Howey-Fox, Harmelink & Fox Law Offices, Yankton, S.D., for debtors.


PEDER K. ECKER, Bankruptcy Judge.

On September 17, 1991, the Court heard and took under advisement Cedar Security Bank's motion to obtain relief from the automatic stay in order to foreclose on its collateral, which is real property located in South Dakota, used by these Chapter 13 debtors as their residence and business. Cedar Security Bank (hereinafter "Bank"), a secured creditor located in Nebraska, is secured by a perfected security interest in a mortgage reduced...

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