{"data":{"id":"us-az/a.r.s.-33-2623","jurisdiction":"us-az","citation":"A.R.S. § 33-2623","heading":"Effect of enforcement by mortgagee","body":"A request by a mortgagee for appointment of a receiver, the appointment of a receiver or application by a mortgagee of receivership property or proceeds to the secured obligation does not:\n\n1. Make the mortgagee a mortgagee in possession of the real property.\n\n2. Make the mortgagee an agent of the owner.\n\n3. Constitute an election of remedies that precludes a later action to enforce the secured obligation.\n\n4. Make the secured obligation unenforceable.\n\n5. Limit any right available to the mortgagee with respect to the secured obligation.","path":["Title 33 Property"],"source_url":"https://www.azleg.gov/ars/33/02623.htm","current_through":"2026-09-04","vintage":"2026-08-09","retrieved_at":"2026-09-04T00:49:56Z","sha256":"9734c2f176c5e2eeae402d557eea8dc9d017a6d47ff75a68c40e7090105da5a9","source_id":"us-az","stale":true,"prev":"us-az/a.r.s.-33-2622","next":"us-az/a.r.s.-33-2624"},"notice":"GroundRules: Original legal text. Not legal advice."}