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IN RE TRIPPLET

Bankruptcy No. 87-52640-11.

84 B.R. 84 (1988)

In re Max TRIPPLET, Debtor.

United States Bankruptcy Court, W.D. Texas, San Antonio Division.

January 11, 1988.

Attorney(s) appearing for the Case

William R. Davis, Jr., San Antonio, Tex., for Max Tripplet.

Diann M. Bartek, San Antonio, Tex., for Principal Mut.

MEMORANDUM OPINION

R. GLEN AYERS, Jr., Chief Judge.

Once again, this Court must attempt to determine the effect of an assignment of rents clause in a deed of trust coupled with a collateral document assigning rents upon stated events of default. The dispute arises in the context of a rather ordinary Chapter 11 case involving rental property. Max Triplett (hereinafter "Debtor"), borrowed large sums from the creditor...

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