Hoboken Bank, C. v. Clinton Realty Corp.

This is an application for the appointment of a receiver of rents of mortgaged premises.

The bill of complaint was filed April 26th, 1946, to foreclose a mortgage dated February 28th, 1941, which is alleged to have matured on March 1st, 1946.

The mortgage contained the following clause:

"The said william Doldus, his heirs, executors, administrators or assigns, shall have the privilege of renewing this mortgage and the accompanying bond for an additional five years from the date when said bond and mortgage is made payable as therein provided however, that the said bond and mortgage for such…