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IN RE EAST LANSING 30 ASSOCIATES

Bankruptcy No. NL 84-00263.

47 B.R. 593 (1985)

In re EAST LANSING 30 ASSOCIATES, a Michigan Limited Partnership, Debtor.

United States Bankruptcy Court, W.D. Michigan.

February 21, 1985.

Attorney(s) appearing for the Case

Dickinson, Wright, Moon, Van Dusen & Freeman, Gregory L. McClelland, Lansing, Mich., for debtor.

Steven G. Hosler, Lansing, Mich., for claimant.

REDEMPTION—CHAPTER 11—BALLOON PAYMENT

DAVID E. NIMS, Jr., Bankruptcy Judge.

This matter is before the court on the motion of East Lansing 30 Associates (Debtor) for permission to sell property free and clear of liens and for approval of its marketing plan.

The facts are not in dispute. On December 30, 1976, Cambria Associates (Cambria) gave to Capitol Federal Savings & Loan Association (Capitol) a note and mortgage against certain...

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