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POLICY NUMBER: HTB -003337-000 <br />IL 01 04 09 07 <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />CALIFORNIA CHANGES <br />This endorsement modifies insurance provided under the following: <br />COMMERCIAL INLAND MARINE COVERAGE PART <br />COMMERCIAL PROPERTY COVERAGE PART <br />EQUIPMENT BREAKDOWN COVERAGE PART <br />FARM COVERAGE PART — FARM PROPERTY — OTHER FARM PROVISIONS FORM — ADDITIONAL <br />COVERAGES, CONDITIONS, DEFINITIONS <br />FARM COVERAGE PART — LIVESTOCK COVERAGE FORM <br />FARM COVERAGE PART—MOBILE AGRICULTURAL MACHINERY AND EQUIPMENT COVERAGE FORM <br />STANDARD PROPERTY POLICY <br />A. When this endorsement is attached to the <br />Standard Property Policy CP 00 99 the term <br />Coverage Part in this endorsement is replaced by <br />the term Policy. <br />B. The Concealment, Misrepresentation Or Fraud <br />Condition is replaced by the following with respect <br />to loss ("loss") or damage caused by fire: <br />We do not provide coverage to the insured <br />("insured") who, whether before or after a loss <br />("loss"), has committed fraud or intentionally <br />concealed or misrepresented any material fact or <br />circumstance concerning: <br />1. This Coverage Part; <br />2. The Covered Property; <br />3. That insured's ("insured's") interest in the <br />Covered Property; or <br />4. A claim under this Coverage Part or Coverage <br />Form. <br />C. The Concealment, Misrepresentation Or Fraud <br />Condition is replaced by the following with respect <br />to loss ("loss") or damage caused by a Covered <br />Cause of Loss other than fire: <br />This Coverage Part is void if any insured <br />("insured"), whether before or after a loss ("loss"), <br />has committed fraud or intentionally concealed or <br />misrepresented any material fact or circumstance <br />concerning: <br />1. This Coverage Part; <br />2. The Covered Property; <br />3. An insured's ("insured's") interest in the <br />Covered Property; or <br />4. A claim under this Coverage Part or Coverage <br />Form. <br />D. Except as provided in E., the Appraisal Condition <br />is replaced by the following: <br />If we and you disagree on the value of the <br />property or the amount of loss ("loss"), either may <br />make written request for an appraisal of the loss <br />("loss"). If the request is accepted, each party will <br />select a competent and impartial appraiser. Each <br />party shall notify the other of the appraiser <br />selected within 20 days of the request. The two <br />appraisers will select an umpire. If they cannot <br />agree within 15 days, either may request that <br />selection be made by a judge of a court having <br />jurisdiction. The appraisers will state separately <br />the value of the property and amount of loss <br />("loss"). If they fail to agree, they will submit their <br />differences to the umpire. A decision agreed to by <br />any two will be binding. Each party will: <br />1. Pay its chosen appraiser; and <br />2. Bear the other expenses of the appraisal and <br />umpire equally. <br />If there is an appraisal, we will still retain our right <br />to deny the claim. <br />E. The Appraisal Condition in: <br />1. Business Income (And Extra Expense) <br />Coverage Form CP 00 30; and <br />2. Business Income (Without Extra Expense) <br />Coverage Form CP 00 32; <br />IL 01 04 09 07 © ISO Properties, Inc., 2006 Page 1 of 2 <br />