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The Priority Fight Between The Second Mortgagee And The Subrogated Insurance Carrier, Roger Bernhardt
The Priority Fight Between The Second Mortgagee And The Subrogated Insurance Carrier, Roger Bernhardt
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Analysis of a recent decision holding that the insurance carrier who had paid the first mortgagee had a superior right to the remaining value of the property by virtue of subrogation than did the second mortgagee, even though the second was also insured under the same policy.