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" ... shall, to the extent of such payment, be thereupon legally subrogated to all the rights of the party to whom such payment shall be made, under all securities held as collateral to the mortgage debt, or may at its option, pay to the mortgagee [or trustee]... "
Laws of the State of Mississippi - Page 93
by Mississippi - 1904
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The Southwestern Reporter, Volume 74

1903 - 1240 pages
...subrogated to all the rights of the party to whom such payment shall be made, under all securities held as collateral to the mortgage debt, or may, at...mortgagee (or trustee) to recover the full amount of his claim. "Dated April 22, 1901. "Attached to and forming part of Policy No. 58&" The grounds of demurrer...
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The Southwestern Reporter, Volume 53

1900 - 1234 pages
...such payment, and shall thereupon receive a full assignment and transfer of the mortgage and all of such other securities; but no subrogation shall Impair...mortgagee (or trustee) to recover the full amount of his or Its claim." Motion for Rehearing. (June 24, 1899.) In the motion for rehearing it is Insisted...
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The South Western Reporter, Volume 34

1896 - 1222 pages
...payment, and shall thereupon receive a full assignment and transfer of the mortgage, and of all other such securities; but no subrogation shall impair the right...mortgagee (or trustee) to recover the full amount of his claim. This form Is attached to and. made a part of policy No. 301,037, New York Underwriters'...
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The New York Supplement, Volume 146

1914 - 1254 pages
...subrpgated to all the rights of the party to whom such payment shall be made, under all securities held as collateral to the mortgage debt, or may at...mortgagee (or trustee) to recover the full amount of their claim. "Attached to and forming part of policy No (Naming insurance company). Agent" None of...
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The New York Supplement, Volume 135

1912 - 1298 pages
...surrogated to all the rights of the party to whom such payment shall be made, under all securities held as collateral to the mortgage debt, or may at...impair the right of the mortgagee (or trustee) to the full amount of * * * claim." The contract of insurance with the mortgagee was nothing more than...
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The New York Supplement, Volume 125

1911 - 1320 pages
...mortgagee (or trustee) the whole principal due or to grow due on the mortgage with interest, and shall such other securities ; but no subrogation shall Impair...(or trustee) to recover the full amount of claim. "Dated "Attached to and forming part of Policy No " (Signature for Company.)" The object of the provision...
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Arkansas Reports: Cases Determined in the Supreme Court of the ..., Volume 68

Arkansas. Supreme Court - 1901 - 678 pages
...trust deed, and all other securities held as collateral to the mortgage or trust debt, but no such subrogation shall impair the right of the mortgagee or trustee to recover the full amount of his claim. The foregoing provisions and agreements shall take precedence over any provision or condition...
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California Decisions, Volume 55

California. Supreme Court - 1918 - 912 pages
...subrogated to all the rights of the party to whom such .payment shall be made, under all securities held as collateral to the mortgage debt, or may at...mortgagee (or trustee) to recover the full amount of his claim." It was further set forth in the complaint that on February 27th, 1912, a fire occurred...
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The Annual Cyclopedia of Insurance in the United States

1891 - 402 pages
...subrogated to all the rights of the party to whom such payment shall be made, under all securities held as collateral to the mortgage debt, or may, at...mortgagee [or trustee] to recover the full amount ot ............ claim. Mortgagee Clause — When Owner Has No Interest in the Insurance.It is hereby...
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A Treatise on the Law of Insurance, Fire, Life, Accident, Marine: With a ...

George Richards - 1892 - 710 pages
...subrogated to all the rights of the party to whom such payment shall be made, under all securities held as collateral to the mortgage debt, or may, at...mortgagee [or trustee] to recover the full amount of his claim. III. A Form of Co-Insurance Clause. If at the time of fire the whole amount of insurance...
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