Acadiana Bank v. Sandoz (In Re Guillory)

REASONS FOR JUDGMENT

RODNEY BERNARD, JR., Bankruptcy Judge.

This matter is before the court on cross-motions for summary judgment filed by the plaintiff, Acadiana Bank [Bank] and defendant St. Landry Homestead Association [SLHA]. The complaint herein seeks a determination of the extent and priority of the mortgages held by the Bank and SLHA. The trustee was made a party to this action, and in answering, requests a determination that the real property in question be declared to be property of the estate and further that it be declared to be free and clear of all encumbrances. Since the two…