Connecticut General Life Insurance v. Stahle

— On November 13, 1924, Ellen Stahle, unmarried, as owner of certain real estate, executed a note and first mortgage securing the note to the Midland Mortgage Company for $17,000. The mortgage contained a receivership clause pledging the rents, profits, and right of possession during the period of redemption. The mortgage was duly recorded on November 14, 1924.

This mortgage was assigned to the plaintiff by the Midland Mortgage Company on November 15, 1924, and the assignment recorded on November 29, 1924. On November 15, 1924, the original owner and mortgagor conveyed the real estate in…