GOTHARD, Judge.
Defendant receiver of bankrupt insurer appeals from the judgment rendered against it in plaintiff-mortgagee's suit on a collision policy's loss payable clause.
The facts are not in dispute. On March 29, 1984, Calenthea Stephenson purchased an automobile from Bergeron Plymouth-Chrysler, Inc. for $11,810.12. The credit portion of the purchase price was represented by a promissory note and secured by a chattel mortgage on the automobile. Stephenson...
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