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mortgageholder's claim will not be impaired. At our option, we may pay to the mortgageholder the whole principal on the mortgage plus any accrued interest. In this event, your mortgage and note will be transferred to us and you will pay your remaining mortgage debt to us. f. If we cancel this policy, we will give written notice to the mortgageholder at least: (1) 10 days before the effective date of cancellation if we cancel for your nonpayment of premium; or (2) 30 days before the effective date of cancellation if we cancel for any other reason. g. If we elect not to renew this policy, we will give written notice to the mortgageholder at least 10 days before the expiration date of this policy. c. We will not pay for loss or damage caused by a Covered Cause of Loss which a device is intended to protect against if you: (1) Knew of any suspension or impairment in any protective device and failed to notify us of that fact; or (2) Failed to maintain any protective device over which you had control in complete working order. If part of an Automatic Sprinkler System is shut off due to breakage, leakage, freezing conditions or opening of sprinkler heads, notification to us will not be necessary if you can restore full protection within 48 hours. 6. Increase in Hazard We will not pay for loss or damage when there has been a material increase in hazard that is within your knowledge or control. This condition applies to any and all portions of a claim. 3. No Benefit to Bailee G. Property Definitions No person or organization, other than you, 1. "Accident" having custody of Covered Property will a. "Accident" means a fortuitous event that benefit from this insurance. causes direct physical damage to 4. Policy Period, Coverage Territory "covered equipment". The event must be Under SECTION I - PROPERTY: one of the following: a. We cover loss or damage commencing: (1) Mechanical breakdown, including rupture or bursting caused by (1) During the policy period shown in centrifugal force; the Declarations; and (2) Artificially generated electrical (2) Within the coverage territory or, with current, including electric arcing, that respect to property in transit", while disturbs electrical devices, appliances it is between points in the coverage or wires; territory. (3) Explosion of steam boilers, steam b. The coverage territory is: pipes, steam engines or steam (1) The United States of America turbines owned or leased by you, or (including its territories and operated under your control; possessions); (4) Loss or damage to steam boilers, (2) Puerto Rico; and steam pipes, steam engines or steam (3) Canada. turbines caused by or resulting from any condition or event inside such 5. Protective Devices equipment; or a. If you received a discount to the (5) Loss or damage to hot water boilers property premium of this policy because or other water heating equipment of the existence of one of the following caused by or resulting from any protective devices, you are required to condition or event inside such boilers maintain that protective device. or equipment. Existence of an applicable protective b. None of the following is an "accident": devices credit can be found on the Declarations Page. (1) Defect, programming error, b. Protective devices include Automatic programming limitation, computer virus, malicious code, loss of data, Sprinkler Systems including related supervisory services, Automatic Fire loss of access, loss of use, loss of Alarms and Central Station Security functionality or other condition within Alarms. µ ILLi3RMmag'ah1ed DiAsian REVIEWED & APPROVED BY. 391-1003 08 16 Includes copyrighted material of Insurance Services Office, Inc., with its permissio , ' ., . ° , `� --� Rusk Pjanagement Analyst