WIEAND, Judge:
May the corporate insurer of a mortgage rescind its contract of guaranty after it has been determined that a material misrepresentation was made by the borrower and repeated by the lender in its application for insurance coverage? The trial court held that such a misrepresentation did not constitute a defense to the lender's claim and entered partial summary judgment against the insurer of the debt. For the reasons which follow, we reverse.
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