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Standard mortgage clause is a clause in an insurance policy that protects the interest of the lender to recover the proceeds even if the borrower is at fault.What is the mortgage clause for US Bank?
Us bank mortgagee clause. First Bank of the United States, built between clause” (Article I, Section 8, clause 18), and Amendment X. The elastic clause gave Congress the right to. Article 1 Section 8 Clause 18 of the United States Constitution. Picture. Alexander Hamilton used the Elastic Clause to create the first National Bank. People .