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" ... 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 the whole principal due or to grow due on the mortgage with... "
Reports of Cases Decided in the Court of Chancery of the State of New Jersey - Página 480
por New Jersey. Court of Chancery - 1899
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American law reports annotated, Volumen1

1919 - 1798 páginas
...all rights of the mortgagee, whenever it should pay him a loss, but that such subrogation should not impair the right of the mortgagee to recover the full amount of his claim, — was held to create a new contract with the mortgagee, by which he was recognized as...
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