All of the following are rights extended to mortgagees (banks) under the mortgage clause in the HO
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Question:
All of the following are rights extended to mortgagees (banks) under the mortgage clause in the HO contractexcept:
A. to sue under the policy in its own name
B. to foreclose on property if the insured homeowner tries to defraud the insurer
C. to receive payments from the insurer
D. to be economically protected
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