Hawn v. United States

*452OPINION AND ORDER GRANTING AMERICAN NATIONAL BANK’S MOTION FOR SUMMARY JUDGMENT ON ALL SUBSTANTIVE ISSUES

RICHARD S. SCHMIDT, Bankruptcy Judge.

Before the Court is the Motion for Summary Judgment on all Substantive Issues filed by American National Bank (the “Bank”). After hearing and argument the Court finds as follows:

FACTS

In June 1983, Debtor John Mills Hawn (“Hawn”) obtained a loan in the principal amount of $1,250,000 from Independence Bank, a California banking corporation. Hawn granted Independence Bank a security interest on certain of his oil and gas properties located in Refugio…