First Federal Savings of Arkansas v. Beard (In re Beard)

*213MEMORANDUM OPINION

ROBERT F. FUSSELL, Chief Judge.

Before the Court is a Motion for Relief from Stay filed by the creditor, First Federal Savings and Loan (First Federal), based upon their secured status as evidenced by a 1988 mortgage on property of the debtor’s estate. In opposition to this motion the debtors, Mark and Toni Beard, assert that the 1988 mortgage was not signed by Toni Beard resulting in the mortgage being void pursuant to Ark.Code Ann. § 18-12-403 (1987). First Federal asserts that there is no violation of the conveyance statute as the 1988 mortgage is merely an extension of a…