This is why agency loans have more restrictive yield maintenance, and defeasance prepayment penalties (they don't want you to immediately jump ship, and leave the mortgage bond holders handing).

A thought that maybe someone can clarify for me...When this house sells, which will for a huge loss, but then the ENO insurance comes through for a payout, does the check come to me or does it go to the lien holder at the time of the fire??  

As one who has listed my share of short sales I'll tell you that most banks will not pay the liens to get the property because if the short sale fails they just foreclose and get the property anyway as the first lien holder.

The deal was good enough to cover both 1st lien holder (the seller) and also the 2nd lien holder safely.

The part you are missing is if that claim were to arise why wouldn’t the plaintiffs attorney simply list the deed holder in the claim?

Are they wiped if surplus is not enough to pay the total lien amount and the lien holders were properly notified about the auction?

., option holder) is not required to perform. 

The dog jumped up on the toilet, bit into the blinds on the window behind the toilet, and jumped on the metal TP holder breaking it off the wall. 

Yeah, I'm a buy and holder.

Make sure you are given more jobs, are seen as being affiliated with the firm or investor and get them to set up a compensation structure where you are a stake holder in the property for your efforts.