COASTLINE EQUIPMENT (BRAGG INVESTMENT COMPANY, INC.)

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(2) We will pay for direct physical loss or damage to Covered Property, caused by abrupt collapse of a building or any part of a building that contains Covered Property insured under this Coverage Form, if such collapse is caused by one or more of the following: (a) Building decay that is hidden from view, unless the presence of such decay is known to an insured prior to collapse; (b) Insect or vermin damage that is hidden from view, unless the presence of such damage is known to an insured prior to collapse; (c) Use of defective material or methods in construction, remodeling or renovation if the abrupt collapse occurs during the course of the construction, remodeling or renovation; (d) Use of defective material or methods in construction, remodeling or renovation if the abrupt collapse occurs after the construction, remodeling or renovation is complete, but only if the collapse is caused in part by: (1) A cause of loss listed in Paragraph (a) or (b); (ii) One or more of the following causes of loss: fire; lightning; windstorm; hail; explosion; smoke; aircraft; vehicles; riot; civil commotion; vandalism; leakage from fire extinguishing equipment; sinkhole collapse; volcanic action; breakage of building glass; falling objects; weight of snow, ice or sleet; water damage; earthquake; all only as insured against in this Coverage Form; (iii) Weight of people or personal property; or (iv) Weight of rain that collects on a roof. (3) This Additional Coverage - Collapse will not increase the Limits of Insurance provided in this Coverage Form. b. "False Pretense" (1) After the first installment payment has been made; (2) Due solely to an insufficient funds check; (3) Due to incorrect information on a credit application or rental or lease agreement other than false or forged name, social security number, or signature; (4) As the result of your contractual obligation to become liable in the event of default by the purchaser or lessee; (5) Due to non-payment, for any reason, of any credit you extend; (6) Due to bankruptcy; (7) Unless, prior to the release of the property to the other party, you made a reasonable effort to determine the identity of the other party, and to determine that the transaction was a legitimate business transaction; (8) Due solely to an undisclosed lien. We will deduct the actual value of any property or cash down payment delivered to you in full or partial payment for Covered Property when determining the amount of loss under this Additional Coverage. But we will not deduct the value of property you receive from a person, group of people or organization who did not have legal title to or ownership of that property. The most we will pay for all loss resulting from "false pretense" due to the actions of any one individual, group of individuals or organization during the policy period is the False Pretense limit shown in the Declarations. c. Accounts Receivable We will pay for the following after your records of accounts receivable are damaged by a Covered Cause of Loss: (1) Amounts due from your customers that you are unable to collect; (2) Interest charges on any loan required to offset amounts you are unable to collect pending our payment of those amounts; (3) Collection expenses in excess of your normal collection expenses that are made necessary by the loss or damage; and We will pay for loss resulting from "false (4) Other reasonable expenses you incur to pretense". reestablish your records of accounts This Additional Coverage does not apply to receivable. loss: wdf DIMswf AlEVIEwm 6 APraovEo av: CM 88 00 01 15 Includes copyrighted material of Insurance Services Office, Inc. reek management spena tst 2425473 with its permission. Sentry Select Insurance Company 00007 O000000000 23265 0 N fe6feab7519a4fOb899e 98d856985797