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108 purpose any building herein described and the several parts <br />109 thereof were occupied at the time of loss and whether or not it <br />110 then stood on leased ground, and shall furnish a copy of all the <br />111 descriptions and schedules in all policies and, if required, verified <br />112 plans and specifications of any building, fixtures or machinery <br />113 destroyed or damaged. The insured, as often as may be reason- <br />114 ably required, shall exhibit to any person designated by the <br />115 Company all that remains of any property herein described, and <br />116 submit to examinations under oath by any person named by this <br />117 Company, and subscribe the same; and, as often as may be <br />118 reasonably required, shall produce for examination all books of <br />119 account, bills, invoices and other vouchers, or certified copies <br />120 thereof if originals be lost, at such reasonable time and place as <br />121 may be designated by this Company or its representative, and <br />122 shall permit extracts and copies thereof to be made. <br />123 Appraisal. In case the insured and this Company shall <br />124 fail to agree as to the actual cash value or <br />125 the amount of loss, then, on the written demand of either, each <br />126 shall select a competent and disinterested appraiser and notify <br />127 the other of the appraiser selected within twenty days of such <br />128 demand. The appraisers shall first select a competent and dis- <br />129 interested umpire; and failing for fifteen days to agree upon <br />130 such umpire, then, on request of the insured or this Company, <br />131 such umpire shall be selected by a judge of a court of record in <br />132 the state in which the property covered is located. The ap- <br />133 praisers shall then appraise the loss, stating separately actual <br />134 cash value and loss to each item; and, failing to agree, shall <br />135 submit their differences, only to the umpire. An award in writ- <br />136 ing, so itemized, of any two when filed with this Company shall <br />137 determine the amount of actual cash value and loss. Each <br />138 appraiser shall be paid by the party selecting him and the ex- <br />139 penses of appraisal and umpire shall be paid by the parties <br />140 equally. <br />141 Company's It shall be optional with this Company to <br />142 options. take all, or any part, of the property at the <br />143 agreed or appraised value, and also to re- <br />144 pair, rebuild or replace the property destroyed or damaged with <br />145 other of like kind and quality within a reasonable time, on giv- <br />146 ing notice of its intention so to do within thirty days after the <br />147 receipt of the proof of loss herein required. <br />148 Abandonment. There can be no abandonment to this Com- <br />149 pany of any property. <br />150 When loss The amount of loss for which this Company <br />151 payable. may be liable shall be payable sixty days <br />152 after proof of loss, as herein provided, is <br />153 received by this Company and ascertainment of the loss is made <br />154 either by agreement between the insured and this Company ex- <br />155 pressed in writing or by the filing with this Company of an <br />156 award as herein provided. <br />157 Suit. No Suit or action on this policy for the recov- <br />158 ery of any claim shall be sustainable in any <br />159 court of law or equity unless all the requirements of this policy <br />160 shall have been complied with, and unless commenced within <br />161 three years next after inception of the loss. <br />Form SS 12 04 03 92 Printed in U.S.A. <br />Copyright, Hartford Fire Insurance Company, 1 <br />cF Risk Mwag me dDMsian <br />1'x REVIEWED & APPROVED BY.- <br />v <br />--� Risk janagement Analyst <br />