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MATTER OF TIMBERLINE PROPERTY DEVELOPMENT, INC.

Bankruptcy No. 89-05287.

136 B.R. 382 (1992)

In the Matter of TIMBERLINE PROPERTY DEVELOPMENT, INC., Debtor.

United States Bankruptcy Court, D. New Jersey.

February 6, 1992.

Attorney(s) appearing for the Case

Michael A. Zindler, Lawrenceville, N.J., for debtor.

Karen E. Bezner, Princeton, N.J., for Unsecured Creditors Committee.

J. Chaffin Parrish, Newark, N.J., for City Sav., FSB, in Receivership, Resolution Trust Corp. as Receiver.

OPINION

WILLIAM H. GINDIN, Chief Judge.

PROCEDURAL HISTORY AND STATEMENT OF THE FACTS

Before the Court is a motion seeking payment of a default rate of interest, late charges and origination fees allegedly owed by Timberline Property Development, Inc., Debtor, ("Timberline" or "Debtor") to City Savings, FSB, in receivership, the Resolution Trust Corporation ("RTC"), as receiver. This Court has jurisdiction pursuant to 28 U.S.C. § 1334.

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