Insured Cindy purchases annual home insurance on her mortgaged property on $1/1/$x$1.$ On $7/1/$x$1$ she agrees to sell the property to Bob and closes on $7/15/$x$1.7/16/$x$1$ a tornado does major damage to the home. It is determined that this would be a covered cause of loss. Who has insurable interest in this property and who would the insurer pay?