Langhorne v. Capital Fire Insurance

NORDBYE, District Judge.

The facts out of which the cause of action arises are essentially these: Plaintiff is the vendor of certain real property under contract for deed which required the vendee, one Christine Peterson, to insure the premises against loss by fire for the benefit of the vendor. The vendee insured the premises in her own name, the policy containing a loss payable clause for the benefit of the vendor as his interest might appear. The policy also contained a “standard” or “union mortgage” clause as follows: “If this policy shall be made payable to a mortgagee of the insured real…