 Whenever this Company shall pay the mortgagee (or trustee) any sum for loss or damage under this Policy and shall claim that, as to the mortgagor or owner, no liability therefor existed, this Company shall, to the extent of such payment, be thereupon...  The Pacific Reporter - Page 1431906Full view - About this book
 | 1894 - 1200 pages
...extent of such payment, be legally subroga tf-d to all the rights of the party to whom such payments shall be made, under any and all securities held by such party on the property in question, for the payment of said debt; but such subrogation shall be in subordination... | |
 | 1900 - 1272 pages
...and shall claim that as to the mortgagor or owner no liability therefor existed, it shall at once, and to the extent of such payment, be legally subrogated to all rights of the party to whom such payments shall be made, under any and all securities held by such... | |
 | 1895 - 964 pages
...mortgagor or owner no liability therefor existed, it shall at once, and to the extent of such payment, lie legally subrogated to all the rights of the party...whom such payment shall be made, under any and all security held by such party for the payment of said debt. As will be observed, the first clause is... | |
 | 1917 - 934 pages
...and shall claim that, as to the mortgagor or owner, no liability therefor existed, the company shall to the extent of such payment be legally subrogated to all the rights of the mortgagee under all securities held as collateral to the mortgage debt, or may at its option pay to... | |
 | 1896 - 1018 pages
...existed therefor, this company shall, to the extent of such payment, be thereupon legally subrogated to the rights of the party to whom such payment shall be made under all securities held as collateral for the mortgage debt, or may, at its option, pay to the mortgagee... | |
 | 1897 - 1136 pages
...be legally subrogated to all the rights of the party to whom such payments shall be made, under auy and all securities held by such party for the payment of said debt. Hut such subrogation shall be in subordination to the claim of said party for the balance of ihe debt... | |
 | 1912 - 878 pages
...owner, no liability therefor existed, this company shall, to the extent of such payment, be thereupon legally subrogated to all the rights of the party to whom such payments shall be made, under all securities held as collateral to the mortgage debt, or may, at its... | |
 | New York (State). Supreme Court. Appellate Division - 1914 - 1124 pages
...owner, no liability therefor existed, this company 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 *... | |
 | 1999 - 608 pages
...owner, no liability therefor existed, the Insurer 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... | |
 | 1994 - 780 pages
...mortgagor or owner, no liability therefor existed, we 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. Federal Emergency Management Agency under all securities held as collateral to the mortgage debt, or... | |
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