In re Spencer

DECISION AND ORDER ON OBJECTIONS TO EXEMPTION

LEIF M. CLARK, Bankruptcy Judge.

Came on for hearing the objections of Thomas L. Hendrix and wife, Patricia Dearman Hendrix to the exemptions claimed by the Debtors in this case to a 2.5 acre tract of property located at 3100 Kus-kokwim, Cedar Park, Williamson County, Texas. The Debtors’ home is located on this tract. The tract in turn is one of twenty or so tracts assembled by a developer whose avowed intention (according to his testimony at the hearing) was to give buyers an opportunity to live in the country, away from city development. Neither…