Subject to: Lender wants to see copy of Trust - Posted by Russ Sims

Re: Because - Posted by Scott

Posted by Scott on June 12, 2000 at 09:58:03:

>Therefore it would be okay to not asked to be placed >on the existing policy as an additional insured,

Yes.

>nor purchase another policy on the property and >continue as is?

No. Purchase a policy and do not tell them the mortgagee of the property.

>What occurs if there is a loss without being on the >policy, and what about the t/b on the policy as well?

NO