Subject thereto, all other claims, unless and until underwriters have received notice from the Assignee of a default under the Mortgage, in which event all claims under this policy shall be payable directly to the Assignee up to the amount of the Assignee's mortgage interest, shall be payable as follows:
In addition to the above, any other claims that may arise will be handled differently. If the Assignee defaults on the Mortgage, all claims under this policy will be paid directly to the Assignee, up to the amount of their mortgage interest, and will follow a specific payment procedure.