Presidential Realty Corp. v. Bridgewood Realty Investors

ANDREASEN, Justice.

Mortgagor appeals from district court order requiring receiver to pay all real estate taxes accruing prior to July 31, 1991, from receivership assets and to pay all remaining funds to clerk to allow senior mortgage holder to enforce its rights. Mortgagor contends the district court erred in ordering the payment of real estate taxes not yet delinquent. The mortgagor also contends the court erred in ordering the remaining funds to be paid to the clerk of court for the benefit of the unforeclosed senior mortgage holder, who waived any deficiency judgment. Finding no error, we…