MID STATE TRUST IV
15-15D, 1996-06-27
ASSET-BACKED SECURITIES
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                        
                                        
                                    FORM 15
                                        
                                        
     CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION
   12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE
   REPORTS UNDER SECTION 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
                                        
                                            Commission File Number   33-88718
                                                                  ------------


                               Mid-State Trust IV
   -------------------------------------------------------------------------
            (Excact name of registrant as specified in its charter)
                                        
                                        
         c/o Wilmington Trust Company, Rodney Square North, Wilmington, 
                            Delaware  19890, (302) 651-8584
- ------------------------------------------------------------------------------
    (Address, including zip code, and telephone number, including area code,
                  of registrant's principal executive offices)
                                        
                                        
                            8.33% Asset Backed Notes
- ------------------------------------------------------------------------------
            (Title of each class of securities covered by this Form)
                                        
                                        
- ------------------------------------------------------------------------------
  (Titles of all other classes of securities for which a duty to file reports
                     under section 13(a) or 15(d) remains)
                                        
                                        
       Please place an X in the box(es) to designate the appropriate rule
   provision(s) relied upon to terminate or suspend the duty to file reports:

          Rule 12g-4(a)(1)(i)  [ ]               Rule 12h-3(b)(1)(i)  [ ]
          Rule 12g-4(a)(1)(ii) [ ]               Rule 12h-3(b)(1)(ii) [ ]
          Rule 12g-4(a)(2)(i)  [ ]               Rule 12h-3(b)(2)(i)  [ ]
          Rule 12g-4(a)(2)(ii) [ ]               Rule 12h-3(b)(2)(ii) [ ]
                                                 Rule 15d-6           [X]


     Approximate number of holders of record as of the certification or notice
date:   62
      ---------------------------
     Pursuant to the requirements of the Securities Exchange Act of 1934  
Mid-State Trust IV has caused this certification/notice to be signed on its 
behalf by the undersigned duly authorized person.

                                      *
Date:   6/12/96                     By: /s/ Bruce L. Bisson
     ------------------------------    --------------------------------------
                                       Name: Bruce L. Bisson - Vice President

Instruction: This form is required by Rules 12g-4, 12h-3 and 15d-6 of the
General Rules and Regulations under the Securities Exchange Act of 1934.  The
registrant shall file with the Commission three copies of Form 15, one of
which shall be manually signed.  It may be signed by an officer of the
registrant, by counsel or by any other duly authorized person.  The name and
title of the person signing the form shall be typed or printed under the
signature.


                     *   Mid-State Trust IV, a trust acting through Wilmington
                         Trust Company, not in its individual capacity, but
                         solely as owner trustee under a Trust Agreement dated
                         as of March 1, 1995.



SEC 2069 (8-93)




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