Security State Bank of Tyndall, South Dakota v. Cap (In re Van Winkle)

PEDER K. ECKER, Bankruptcy Judge.

This case is before the Court on a Request for Allowance of Administrative Claim and a Complaint to Determine the Validity, Priority and Extent of Liens, both filed by the Security State Bank of Tyndall, South Dakota. Hearings on both matters were held in Sioux Falls, South Dakota, on December 11, 1984. Testimony and exhibits were received, and the Court took the matters under advisement. Although no briefs were requested, counsel for the bank filed a brief in support of its position.

The debtors filed a Chapter 13 petition in bankruptcy on April 16,1984. The…