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Eagle Sales Company owns a warehouse, subject to the mortgage obtained from the First National Bank. Separately, Eagle and First National get insurance policies from Good Hands Insurance, Inc., to cover the warehouse. Afterward, Eagle sells the property to Interstate Distribution Corporation however keeps the insurance policy. First National agrees to act as Interstate's mortgagee, and Interstate gets an insurance policy from Good Hands to cover the property. A fire completely destroys the warehouse. 

Who can recover an amount for its loss? prepare down in 200 words.

Business Law & Ethics, Finance

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