search text and store fields in variable

I am working on a  ksh script. I want to search a pipe delimited text file for env3 and the following variables shud be initialized after searching env3
var_env=env3
var_app=app3
var_dbhost=dbhost3
var_dbusr=dbusr3
var_apphost=apphost3
var_appusr=appusr3

Text File is attached with..
In other words i am searching for a record and I want the fields to be stored in separate variables for the searched record.
search-and-store.txt
judejamesAsked:
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TintinConnect With a Mentor Commented:

#!/bin/ksh
IFS="|"
set `grep env3 search-and-store.txt`
var_env=$1
var_app=$2
var_dbhost=$3
var_dbusr=$4
var_apphost=$5
var_appusr=$6

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judejamesAuthor Commented:
no wonder they call u a WIZARD!
I could pay you for that! lol
Love ya, dude!
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judejamesAuthor Commented:
EXCELLENT JOB!
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