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IN RE SIMCOCK

Bankruptcy No. 93-20056(13).

152 B.R. 7 (1993)

In re Richard R. SIMCOCK and Ruth E. Simcock, Debtors.

United States Bankruptcy Court, D. Maine.

March 19, 1993.

Attorney(s) appearing for the Case

Joanne I. Simonelli, Isaacson & Raymond, Lewiston, ME, for movant.

Richard J. O'Brien, Linnell, Choate & Webber, Auburn, ME, for debtors.

MEMORANDUM OF DECISION

JAMES A. GOODMAN, Chief Judge.

The stipulated facts underlying this contested motion for relief from stay by Fleet Bank of Maine, f/k/a Norstar Bank of Maine ("Movant") are as follows. Movant holds valid and duly perfected security interests in three parcels of real property of the Debtors which secure two separate promissory notes, upon which Debtors ceased making payments to Movant as of February 27, 1991. In December, 1991...

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