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                SECURITIES AND EXCHANGE COMMISSION
                       Washington, DC  20549
                                 
                           SCHEDULE 13G
                                 
                          (Rule 13d-102)
                                 
 Information to be Included in Statements Filed Pursuant to Rules
  13d-1(b), (c), and (d) and Amendments Thereto Filed Pursuant to
                           Rule 13d-2(b)
                                 
             Under the securities Exchange Act of 1934
                                 
                           Servico, Inc.
                                 
                  Common Stock:  Par Value $0.01
                                 
                             817648108
                                 
                        September 30, 1998
                                 
Check the appropriate box to designate the rule pursuant to which
this schedule is file:

X
     Rule 13d-1 (b)




     Rule 13d-1 (c)




     Rule 13d-1 (d)

                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                 (Continued on following pages(s))
                                 
                                 
                                 
CUSIP NO. 817648108
                                13G
 1   NAME OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
    
    NationsBank Corporation 56-0906609
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                    (a)     
     
                                                    (b)     
     
 3   SEC USE ONLY
    
 4   CITIZENSHIP OR PLACE OF ORGANIZATION
    
    North Carolina Corporation
               5 SOLE VOTING POWER
                
                181,500
  NUMBER OF    6 SHARED VOTING POWER
   SHARES        
BENEFICIALLY     0
  OWNED BY
    EACH       7 SOLE DISPOSITIVE POWER
  REPORTING      
 PERSON WITH     181,700
               8 SHARED DISPOSITIVE POWER
                
                0
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
    
    181,700
 10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
    SHARES *
    
    
 11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
    
     0.94%
 12  TYPE OF REPORTING PERSON *
    
    HC
               *SEE INSTRUCTION BEFORE FILLING OUT!
                                 
                                 
                           SCHEDULE 13G
                                 
                                 
                             Exhibit A
                                 
The shares of the Issuer's common stock beneficially owned by
NationsBank Corporation are held by a wholly-owned subsidiary of
NationsBank Corporation, NationsBanc Montgomery Securities LLC
(BD).



Item 1(a) Name of Issuer:

     Servico, Inc.

Item 1(b) Address of Issuer's Principal Executive Offices:

     1601 Belvedere Rd.
     West Palm Beach, Florida 33406

Item 2(a) Name of Person(s) Filing:

     (a)  NationsBank Corporation

Item 2(b) Address of Principal Business Office or, if none,
Residence:

     (a)  101 South Tryon Street, NationsBank Plaza, Charlotte,
          North Carolina  28255

Item 2(c) Citizenship:

     (a)  North Carolina corporation

Item 2(d) Title of Class of Securities:

     Common Stock

Item 2(e) CUSIP Number:

     817648108

Item 3    If this statement is filed pursuant to Rules 13d-1(b),
or 13d-2(b),
          check whether the person filing is a:
          
     (a)      Broker or Dealer registered under Section 15
             of the Act
     
     (b)      Bank as defined in Section 3(a)(6) of the Act
     
     (c)      Insurance Company as defined in Section
             3(a)(19) of the Act
     
     (d)      Investment Company registered under Section 8
             of the Investment
             Company Act
             
     (e)      Investment Advisor registered under Section
             203 of the
             Investment Advisors Act of 1940
             
     (f)      Employee Benefit Plan, Pension Fund which is
             subject to the
             provisions of the Employee Retirement Income Security
             Act of
             1974 or Endowment Fund; see Sub-section 240.13d-
             1(b)(1)(ii)(F)
             
     (g)    X Parent Holding Company in accordance with Sub-
             section
             240.13d-1(b)(ii)(G) (Note:  See Item 7)
             
     (h)      Group, in accordance with Sub-section 240.13d-
             1(b)(1)(ii)(H)
     
     The following entities are holding companies:
          NationsBank Corporation
     
     The following entities are banks:
     The following entities are registered investment advisors:

Item 4    Ownership:

     With respect to the beneficial ownership of the reporting
     entity as of 09/30/98, see Items 5 through 11, inclusive, of
     the cover page of this Schedule 13G which are incorporated
     herein by reference.

Item 5    Ownership of Five Percent or Less of a Class:

     If this statement is being filed to report the fact that as
     of the date hereof the reporting person has ceased to be the
     beneficial owner of more than five percent of the class of
     securities, check the following                X

Item 6    Ownership of More Than Five Percent on Behalf of Another
Person:

     To the extent that the reported shares are held in various
     fiduciary accounts, dividends and the proceeds of such shares
     are payable to other persons, including such accounts, the
     beneficiaries or settlors thereof or a combination of such
     persons.  In certain instances, other persons (including
     beneficiaries and settlors) may be deemed to have the power
     to direct receipt of dividends or the proceeds of the sale of
     shares reported herein.  To the best of the undersigned's
     knowledge and belief, no one other person has such an
     economic interest relating to more than 5% of the class of
     reported shares.

Item 7    Identification and Classification of the Subsidiary
Which Acquired
          the Security Being Reported on By the Parent Holding
          Company:
          
          See Exhibit A
          

Item 8    Identification and Classification of Members of the
Group:


          Not Applicable


Item 9    Notice of Dissolution of Group:

     Not Applicable

Item 10   Certification:

     By signing below, I certify that, to the best of my knowledge
     and belief, the securities referred to above were acquired
     and are held in the ordinary course of business and were not
     acquired and are not held  for the purpose of  nor with the
     effect of changing or influencing the control of the issuer
     of such securities and were not acquired and are not held in
     connection with or as a participant in any transaction having
     such purpose or effect.
                              
                              
                              Signature
                              
                              
     After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement
is true, complete and correct.

                              
                              NATIONSBANK CORPORATION
                               
                               
                               
     Dat October 6, 1998   By: 
     e:
                              Name:  Satish G. Pattegar
                              Title:  Senior Vice President
Document3  MJC