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IN RE THORNBERG

Bankruptcy No. 380-00040, Adv. No. 382-0052.

31 B.R. 38 (1983)

In re Terry Lee THORNBERG and Margaret Ruth Thornberg, Debtors. NATIONAL BANK OF SOUTH DAKOTA, Presho, SD, A Corporation, Plaintiff, v. Terry Lee THORNBERG and Margaret Ruth Thornberg, Defendants.

United States Bankruptcy Court, D. South Dakota.

June 8, 1983.

Attorney(s) appearing for the Case

Dallas E. Brost, Brost & Brost, Presho, S.D., for plaintiff.

Robert A. Warder, Hill City, S.D., for defendants.

MEMORANDUM DECISION

PEDER K. ECKER, Bankruptcy Judge.

This proceeding comes before the Court on removal from state court by the Debtors. The creditor, National Bank of South Dakota, Presho branch ("National"), instituted a foreclosure proceeding in state court against the Debtors' property.

The issue before the Court is whether the creditor holds a valid security interest in the Debtors' mobile home when the note and mortgage evidencing the transaction...

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