Elliott v. Magnus

deliveeed the opinion of the Couet.

Appellant complains that the receiver was permitted to apply rents collected after the foreclosure sale of the mortgaged premises to the payment of liens upon the property for taxes, and contends that the moneys,so expended should have been applied first to the satisfaction of the deficiency decree, and then whatever balance remained should be applied upon the judgment of appellant. In support of this contention counsel cite Davis v. Dale, 150 Ill. 239.

In that case it was held that one who purchased at foreclosure sale necessarily took the estate charged…