Subject2 insurance question

[Philip Pring]

I purchased a property "Subject2." After closing I had a new insurance policy issued showing the bank and my corp. as insured. Then I canceled the original policy, that had the owners as insured. The original insurance sent me a check for the refund on the original policy. The check is made payable to the original owners. I have a limited power of attorney from the original owners to handle all maters  including insurance for the property.  My question is, How should I endorse the check to be deposited in my bank?

[Philip Pring]

Thanks, the mortgage company, just sent me new payment coupons, and I just send them the money...No problems with the due on sale yet. .. You might consider removing the original as a payee, or it seems you might really have a problem is there is a claim