The opinion of the court was delivered by ARNOLD M. STEIN, J.A.D.
We granted leave to appeal from the chancery judge's order appointing a rent receiver for defendant mortgagor's property.
We disagree with the trial judge's conclusion that plaintiff mortgagee is entitled to a rent receiver as a matter of contractual right and without prior judicial approval as to the necessity of the appointment. We conclude that notwithstanding an express contractual provision...
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