1-507.54. Effect of enforcement by secured party.
A request by a secured party for the appointment of a receiver, the appointment of a receiver, or application by a secured party of receivership property to the secured obligation does not do any of the following:
(1) Make the secured party a mortgagee in possession of real property.
(2) Impose any duty on the secured party under G.S. 25-9-207.
(3) Make the secured party an agent or fiduciary of the debtor.
(4) Constitute an election of remedies that precludes a later action to enforce the secured obligation.
(5) Make the secured obligation unenforceable.
(6) Limit any right available to the secured party with respect to the secured obligation.