CARD METERING SYSTEMS, INC. (2) - 2011

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cwra SB-147082-D (Ed_ 04/10) THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. BUSINESSOWNERS COMMON POLICY CONDITIONS All Coverage Parts included in this policy are subject to the following conditions A. Cancellation (b) Pay property taxes that are owing 1. The first Named Insured shown in the and have been outstanding for Declarations may cancel this policy by mailing more than one year following the or delivering to us advance written notice of date due, except that this provision cancellation. will not apply where you are in a bona fide dispute with the taxing 2. We may cancel this policy by mailing or authority regarding payment of such delivering to the first Named Insured written taxes_ notice of cancellation at least: b. 10 days before the effective date of a. 5 days before the effective date of cancellation if we cancel for nonpayment of cancellation if any one of the following premium. conditions exists at any building that is c. 30 days before the effective date of Covered Property in this policy. cancellation if we cancel for any other (1) The building has been vacant or reason. unoccupied 60 or more consecutive 3. We will mail or deliver our notice to the first days. This does not apply to: Named Insured's last mailing address known to (a) Seasonal unoccupancy; or us. (b) Buildings in the course of 4. Notice of cancellation will state the effective construction, renovation or addition. date of cancellation. The policy period will end on that date. Buildings with 65% or more of the rental units or floor area vacant or unoccupied 5. If this policy is cancelled, we will send the first are considered unoccupied under this Named Insured any premium refund due. If we provision. cancel, the refund will be pro rata. If the first Named Insured cancels, the refund may be less (2) After damage by a covered cause of than pro rata. The cancellation will be effective loss, permanent repairs to the building: even if we have not made or offered a refund. (a) Have not started, and 6. If notice is mailed, proof of mailing will be thl Hava not hPan ( ntrnntPd fnr sufficient proof of notice_ within 30 days of initial payment of loss. B. (3) The building has: (a) An outstanding order to vacate; (b) An outstanding demolition order; or (c) Been declared unsafe by governmental authority. (4) Fixed and salvageable items have been C. or are being removed from the building and are not being replaced. This does not apply to such removal that is necessary or incidental to any renovation or remodeling. (5) Failure to: (a) Furnish necessary heat, water, sewer service or electricity for 30 consecutive days or more, except during a period of seasonal unoccupancy; or D. Changes This policy contains all the agreements between you and us concerning the insurance afforded. The first Named Insured shown in the Declarations is authorized to make changes in the terms of this policy with our consent. This policy's terms can be amended or waived only by endorsement issued by us and made a part of this policy. Concealment, Misrepresentation Or Fraud This policy is void in any case of fraud by you as it relates to this policy at any time. It is also void if you or any other insured, at any time, intentionally conceal or misrepresent a material fact concerning: 1. This policy; 2. The Covered Property; 3. Your interest in the Covered Property; or 4. A claim under this policy. Examination Of Your Books And Records SB-147082-D Page 1 of 3 (Ed. 04/10)