in and to all existing leases, if any, and any future leases covering all or any part of the Mortgaged Property ... and any guaranties of the lessees’ obligations under any thereof_ [Moreover, Brewery] ... does further hereby ... assign to the [City] all of the rents ... now or hereafter accruing or owing from the Leases.... The Leases and all of said Rents are being hereby ... assigned for the purpose of securing ... the following: (1) payment of all indebtedness evidenced by the Action Grant Loan Agreement ...; (3) performance and discharge of each and every obligation, covenant and agreement of [Brewery] contained herein and in the Action Grant Loan Agreement and the incurred any expenses related to the property during the redemption period. See G.G.C. Co., 287 N.W.2d at 382-83 (<HOLDING>). Procedure 11 for filing "a frivolous lawsuit”
holding that the mortgagee had no right to rents under its assignment of rents during the redemption period because it purchased the property for the full amount of the mortgage debt at its foreclosure sale holding that an assignment of rents clause in a mortgage is enforceable after foreclosure during the redemption period to secure any deficiency and to pay any expenses associated with maintaining the property holding that a party is not entitled to pursue a separate action for deficiency judgment where the foreclosure complaint includes a prayer for a deficiency judgment and the foreclosure court reserves jurisdiction to enter a deficiency judgment holding that the assignment of rents clause contained in the mortgage was enforceable during the period of redemption for the purpose of securing the 300000 deficiency existing after foreclosure of the mortgage holding assignment of a mortgage was not subject to article 9