Ace Investments,Inc.,is the mortgagee for a warehouse owned by Best Storage,Inc.Ace obtains an insurance policy from Complete Insurance Corporation (CIC)to cover the warehouse.Best also obtains a policy from CIC to cover the warehouse.Later,Best sells the warehouse to Delta Company but keeps the policy.Delta also obtains a pol?icy from CIC to cover the warehouse.Ace agrees to act as Delta's mortga?gee.A fire to?tally destroys the warehouse.Who can recover for the loss?
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