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IN RE BUCHANAN

Bankruptcy No. 03-10187. Adversary No. 03-1050.

303 B.R. 199 (2003)

In re Alan and Jacquelyn BUCHANAN, Debtors. Charles Sims, Trustee, Plaintiff, v. California Bank & Trust, Defendant.

United States District Court, N.D. California.

June 9, 2003.

Attorney(s) appearing for the Case

R. Morgan Holland, Santa Maria, CA, for Debtor.

Sandra K. McBeth, San Luis Obispo, CA, for Trustee.

Memorandum on Motion for Summary Judgment

ALAN JAROSLOVSKY, Bankruptcy Judge.

On September 17, 2001, debtors Alan and Jacquelyn Buchanan obtained an equity line of credit from defendant California Bank and Trust secured by their real property at 2700 Nelligan Road, Glen Ellen, California. The deed of trust the debtors gave to the Bank recited that it secured not only funds extended on the line of credit but any and all obligations which might later become...

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