Home Title Insurance v. Isaac Scherman Holding Corp.

Order vacating the ex parte order appointing a receiver in the foreclosure action in all respects reversed on the law and the facts, with ten dollars costs and disbursements, and motion denied, with ten dollars costs. A covenant in the mortgage provided that the mortgagee in any action to foreclose should be entitled, without notice and without regard to the adequacy of the security, to the appointment of a receiver; and that the rents and profits were assigned to the mortgagee in the event of any default in the payment of principal or interest or default in the payment of any assessment or…