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<br />COMMON POLICY CONDITIONS <br />All coverages of this policy are subject to the following conditions. <br />A. Cancellation <br />1. The first Named Insured shown in the <br />Declarations may cancel this policy by mailing <br />or delivering to us advance written notice of <br />cancellation. <br />2. We may cancel this policy by mailing or <br />delivering to the first Named Insured written <br />notice of cancellation at least: <br />a. 5 days before the effective date of <br />cancellation if any one of the following <br />conditions exists at any building that is <br />Covered Property in this policy: <br />(1) The building has been vacant or <br />unoccupied 60 or more consecutive <br />days. This does not apply to: <br />(a) Seasonal unoccupancy; or <br />(b) Buildings in the course of <br />construction, renovation or <br />addition. <br />Buildings with 65% or more of the rental <br />units or floor area vacant or unoccupied <br />are considered unoccupied under this <br />provision. <br />(2) After damage by a Covered Cause of <br />Loss, permanent repairs to the <br />building: <br />(a) Have not started; and <br />(b) Have not been contracted for, <br />within 30 days of initial payment of <br />loss. <br />(3) The building has: <br />(a) An outstanding order to vacate; <br />(b) An outstanding demolition order; <br />or <br />(c) Been declared unsafe by <br />governmental authority. <br />(4) Fixed and salvageable items have <br />been or are being removed from the <br />building and are not being replaced. <br />This does not apply to such removal <br />that is necessary or incidental to any <br />renovation or remodeling. <br />(5) Failure to: <br />(a) Furnish necessary heat, water, <br />sewer service or electricity for 30 <br />consecutive days or more, except <br />during a period of seasonal <br />unoccupancy;or <br />(b) Pay property taxes that are owing <br />and have been outstanding for <br />more than one year following the <br />date due, except that this <br />provision will not apply where you <br />are in a bona fide dispute with the <br />taxing authority regarding <br />payment of such taxes. <br />b. 10 days before the effective date of <br />cancellation if we cancel for nonpayment <br />of premium. <br />c. 30 days before the effective date of <br />cancellation if we cancel for any other <br />reason. <br />3. We will mail or deliver our notice to the first <br />Named Insured's last mailing address known <br />to us. <br />4. Notice of cancellation will state the effective <br />date of cancellation. The policy period will <br />end on that date. <br />5. If this policy is canceled, we will send the first <br />Named Insured any premium refund due. <br />Such refund will be pro rata. The cancellation <br />will be effective even if we have not made or <br />offered a refund. <br />6. If notice is mailed, proof of mailing will be <br />sufficient proof of notice. <br />7. If the first Named Insured cancels this policy, <br />we will retain no less than $100 of the <br />premium. <br />B. Changes <br />This policy contains all the agreements between you <br />and us concerning the insurance afforded. The first <br />Named Insured shown in the Declarations is <br />authorized to make changes in the terms of this <br />policy with our consent. This policy's terms can be <br />amended or waived only by endorsement issued <br />by us and made a part of this policy. <br />Form SS 00 05 04 05 Page 1 of 3 <br />0 2005, The Hartford