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<br />ac:tioD orplOClliediDa or to cIO'anj' other a&:l wtA ju apiD,iaD may be neceaary or
<br />desirable to eaub1iJh tbc tide to tbc estate ~ .. iDIured. or to pm'CSlt or
<br />IllClucelOls or damage totbc iDsuJed. The CompaIiy may take 8I1Y appropriate acWm
<br />under tho IeDDS f'4ihis poW:y. whedler or DDt il shaU be Jiab1e henluDifer. and shall
<br />not ihereby ClQIlClCde Jiabi1il.y or waive any povisioa of ihis policY. If die CompID.Y
<br />shall exercise ill riahU UDder ihis parBlrapb. il shall do 10 diJiaea.tly;
<br />(c) Wheneverihe CompIDY shaU have br<Uaht 811 actioD or iDteJpOI8d a defease ..
<br />requUed or permitted by tho provisiaaI ofihis poliCY. tbc CampeDy may pursue any
<br />1i1:iption to filial cIetenDiDalion by a cow\ of competeII\ jurisdicd.oa. and upreu1y
<br />JUCMlI the fiabt,inits solediscreliClllo toappealfJam any lIlvenejuclplCD\orOlder.
<br />(4) In all easel where tbiI policy permits or sequDes tbc Company to pIOIecute or
<br />pIUYide for ihe clcfeose of 8I1Y actioD or proceediDI. ihe iDs1Jred sball secure to ihe
<br />Company the dgbt to IOposec:uteorpsovidedefeasein theactioDorptocleedina.and
<br />all appeals tbereiD. and penDi1 ihe Company to use. at ilS opIiaa. the name f'4 the
<br />iDsuJed for ihis purpose. 'WheIleVU n=quested by ihe CompaDY. the iDs1Jred, at the
<br />CompeDy's expense. shaD. live the CompaD)' all Je8ICXl8b1e aiel (i) in any lICIicm or
<br />proccedinI, secariD& evideIa, obtaiDiDa ~, pmseicUtina or clefendiDa tho
<br />actioD or proceedinI, or effecdDa settlemeDt, 811~ (n)in any other lawful a&:l thatin
<br />ihe opinicm fi the Company miy be necessary or desirable to establish ihe liIle to the
<br />estateorintbJestasinsun:d. IfiheCompaDYis prejudiced by the failure fi&heinsured
<br />to fumish the ~ c:ooperation. the Company's obliaations to ihe insuftlll under
<br />ihe policy shall termiDate, inc1udin& any liability or oblipliClll to defend, pIOIflCOte.
<br />or' contiDue any 1i1iplic:m, wilh ICpnl to ihe matter or JDlI\ten requiriDgsuch
<br />cooperalioD.
<br />S, EJlOOF OF Ift~4; OR DA.MAGB.
<br />In adcIiliClll to 8I1d after the notk:es required under Seclic:m 3 of these Coaclilioas and
<br />stipulalioas have been provided the Company, a proof of Joss orcIamaP siped and
<br />sWOlD to by &he jnsuIed c1aimaDl sball be fumished to the Ccmp8DY wiihiD 91 clays
<br />after the iDsunld c:1aimant shall ucertain ihe facts JivinI rise to &he JOss or cIamaP,
<br />The proof fi 101s or clama&e shall cIesc:ribe the clcfect in, or limor eIlCIII1lbraDCe c:m
<br />ihelide, oroihumalW'insu~apinst by thispolicy that COIII1itlJtel the basis of Joss
<br />or cIamaIe IIIIl sball state. to the ateDt possible, the basis of c:alcu1atinI the amOUllt
<br />of the loss or cIamaP. If tho Company is prejucliced by the fmUle of the insured
<br />c1aimaDl toprovicle the required proof ofloss or damage. iheCcmpany's obliaalionl
<br />to the insun:d Under the po1icY shall temUnate. inc1uclin& any liabilitY or obJiaation
<br />to defend, pIOICCIIte; or continue any 1i1i&ation. wi1h ICpnl to the malW' ormauen
<br />requirina such proof fi Joss or damage.
<br />InacklilicD,lheinsu.redc:1aim8l1tmay reasonablybe required to submiltoeJI"..n...nnn
<br />under oath by any autborized ieprelelltalive ci ihe CompaDy imd sball produce for
<br />examination, inspec1ioD IIIIl copying, at such ~ dmes and paces u may be
<br />desipled by any auihorized n:presentative of the Company, all record.. books,
<br />ledgen, c:becks, conespondence and memoranda. wheiher bearinla dale befen or
<br />after Date of Policy, which realonably pertain to ihe loss or damage. Furiher, if
<br />requested by any auihorized represcntalive of the CompaDy. ihe insun:d c1aimaDt
<br />shall lI8ftt its pennission. in wtitina. for ...y iluIhorized ICpICIeIltalive of the
<br />Company to eXamine, inspect and copy all rec;ords, books, ledgers, c:hecks,
<br />conespondence IIIIl memoranda in ihe custody or conuol of a third party, which
<br />.lODably pertain to the losi or damage. All iDfonnaliClll cJesianaled.. confidcnlial
<br />by ~ inlUlCd'c:1aimant provided to the Company punuant to Ibis Seclion sha1:l DDt
<br />be disclosed to others unless, in the reasoaable judpnent of ihe Company, it is
<br />necessaryinthe adminisualionoftheclaim. Failwe of the insured c1aimantto submit
<br />forexaminaUClll underoaih, pIOCluceoiherreascmBbly n=quested iDfonnaUonor grant
<br />permission to secure _scmab1ynecessary infonnationfran ihird puties.. required
<br />in ihis parapaph shall temUnate any liabilily fithe Company under ihis po1icY u to
<br />that claim,
<br />6,QYl10NS TaPA YOR n1HRRWISBSF'M1..BCLA.1MS: 'l'RRMlNA.TlON OF.
<br />1)ARILlTY. ' '
<br />Incase of a !him underihis policy, the CompeDy shallbavetbe foUowingadclitional
<br />optioo8:
<br />(a) 10 Pavor Tender PBvment m the Am<ll1llt of Tnsunnc:c.
<br />Topay or tender payment of ihe amount of insurance underihis policytoptherwiih
<br />lIlY COSIS, auomeys' fees andexpenses inc:uned byiheinsun:d c:1aimant, which wme
<br />authorizedbytheCompany ,uptoihedmeofpaymentorlellderofpaymentand which
<br />ihe Company is obJipted to pay.
<br />Upon ihe exercise by ihe Company of ihis opUon. all1iability and obligalioas to ihe
<br />insun:d under ihis policy, other than to make ihe payment required, shallleJlllinale.
<br />incluclin& any liability or obliaalion to clcfend, pIOICCIIte, or CODIinue ...y 1i1iplic:m,
<br />and the policy sball be sunenclcrecl to theCcmpany for canc:c11alioD,
<br />(b)'10 Pav or nm..nllise ~ With Parties Other ihan the Tnmred or Wiih dID.
<br />Illmred Claimant.
<br />(i) to pay or otherwise seUle ,wiih ~er parties for or in the 1UIIIlC of an insured
<br />c1aimaDlany claim iDsunld against under this policy, lOIetbM wi1h '8I1Y COllI,
<br />auomeys' fees IIIIl expensesincuned by the insun:d claimant which wme auihorized
<br />by ihe Ccmpany up to ihe lime of payment and which the Company is oblia- to
<br />P.ay'or .
<br />. (ii) to pay oroiherWise seUle wiih iheinsured c1aimaDl ihe lOll orclamage proYicIed
<br />for under Ibis policy, together wiih any colIS, auomeys' fees IIIIl expeaICI inc:uned
<br />by the insured c:1aimaDt which wae auihorized by the Company up to the time of
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<br />paymeDt and which""'" is obtipIed to pay.
<br />Upc:m ihe ~the 'Comp8Dy of aiiber, fi the opIUm pnwided for in
<br />~ (b)(i) or (ii). the CcmpaDY's oblil"tionl to Ibc insured under 1his pcUcy
<br />for the c1aimed Joss or damaP, other ihaD the pa~ required to be made. shaB
<br />teJIDinate. mc:1W1iDa any liabiJi1y or Obliaation to defend, prosecute or COD1iliue 8I1Y
<br />liliplioo." '
<br />7. Df'1'RRMlNATlON,1nM"RNT OFI TARD.1TY A.ND COTNSIIR.~CB.
<br />1bis policy is a contraCt fi iDcIrmDilY llaiDst IlCIU8l monetaiY losl or damaie
<br />sustained or inc:uned by ihe insured c:laimID1 who bas suffeftld Joss or damqe by
<br />reaIOD fI mauen iDswed against by ibis policy aa&I only to the extcDt haem
<br />ciesi:ribed. '
<br />(a) TbIlliabililY f'4lhe'Comp8I1Y under ihis polU:y shaB Dot exceed ihe least fI:
<br />(i) the AtnoUDt of IDsurance sutcd in SchedD1e A; or,' ' .
<br />(ji)1bc diffmeDce bIl\WeCIl ihII ~ f'4lhe insured estate oriDtclesl.. insuRiI8I1Il
<br />the value of ihe iDs1Jred estate or iDtcIesl subject to ihe defec:t.lim or eoc:umbr8Dce
<br />iDs1UeiI qainst by ihiI policy at the dale the insured claimant is required to'fuiDish
<br />to CGinp8I1Y a plOOf of Joss or clamBIe in ac:corcJance wiih SeclioD S fl these
<br />('.ondil.ioD8 8Dd s1ipu1a1ic:mL , , ' ' , ,
<br />(b) In the event the AmOUlil oflDsUrance II1Iled in Schedule A at the D.de of PoliCy
<br />is less dum 80 pacent of the value of ihe insured estale or intelelt or the fall
<br />ccniideialion paid for ihe 1aDd. whichever is tess, or if subseqUent to ihe Date Of
<br />Policy animpJoVelDllDtis eICCledonthe1aDcl which inc:ruses ihe valueofiheiDs1Jred
<br />estate or interest by Illeast 20 perc:aU over the Amount cI. JnsuraIK:e stated in
<br />Schedule A, tbeD'ihis policY is subject to ihe foUowin&:
<br />(i) wheIC DO subsCquent improYeIDent has been made. u to any partial Joss, the
<br />Comp8DY shall cmly pay the losl pro J8IA in the proportion that ihe lIIIlOlJD\ of
<br />msuranCC at Date fI Policy bean to the ldIl value of ihe iDsunld estaIe or inteIest at
<br />Date of Policy: or
<br />, (ji) where a subseqUeDl improVCIDeDt bas been made. as to any partiallosl. the
<br />Comp8I1Y sballonly pay ihepo rata in ihepropodion that 120perceIltfithe Amount
<br />ofJDsuranCllstalCd in Schedule A bean to the sum of the AmouDtoflDsurancestalCd
<br />in Sc:hedule A and ihe IIIDOlIlIl expended for ihe impzovement.
<br />The provisions i:l ihiI paraarapb shall Dot apply to COllI, auomeys~fees IIIIl
<br />expenlCl for which the CompanY is liable under Wi policy, and sball only apply to
<br />that ponion of any loss whichexceeds, in ihe IIglCp!e,10 pacentofthe Amount of
<br />Insurance stated inSc:bedule A. '
<br />(c) The Company will pay oaly ihose COIlS, auomeys' fees and expenlCl inc:urred
<br />in ac:cordaDce wiih Sec:tian 4 of these eondilions and SlipuJaliCllll.
<br />8. APPORTlO1\TMHNT,
<br />If the Jaad clescri.bed in Schedule A c:onsists of tWO or1DOl'C paItICls that are not used
<br />u a siqle sile, and Joss is established affecliDa one orlDOlC of the paItICls but not aU.
<br />thelosl shaB becampuled and seUJedcilla porata basis u if the amOUllt of insurance
<br />under ihis policy Wlll divided po rata as to ihe value OIl Date of Poliey fi each
<br />separatepan:c1todle whole,exclullivefi any improwmenlSmadelubscquenttoDate
<br />of Policy, uiI1esl a liabilitY or value has otherwise been 11- upon" to each parcel
<br />bythe€ompany and the'insun:d at ihe lime fithe issuance oflbis policy Illd shown
<br />by III e.iprell stateIlleDl or by 811 endonement auac:bed to ihis policy.
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<br />9, JJMITATlON OF UABlLlTY.
<br />(a) If ihe Company' establishes the lide. or removes the alleged'defect, lim or
<br />ea.cumbnlllc:e. or c:mes ihlllack m a n.pt of access to or from the land, aU al inlUlllCl.
<br />or takes action in ac:corcJance wiih SecliClll 3 or sCc1ion 6, in a reuonab1Y cIili&ent
<br />1ftIIJIlCf by any method, incluclin& lilipliClll and the camp1elion of illY appeals
<br />iheICf1om,it sball bavefuJlypedonned ils obliaatiCllll wiih ~ iU ihii:::::=:'!!!!!!
<br />shall not be liable for 8I1Y loss or damage caused tbeIeby.
<br />(b) In the event of any 1i1iption, inc1uclin& liliptiClll by the Cumpaiil Va ,,,,:::. C:,.
<br />Company;1 con'-, me Company sball have DO liabiiliy IUI luiii va ~=ir --
<br />ihme has been Ii final detenninalicm by a court of c:ompetmt jurildic:!iO!'.. ~.
<br />dispoIiJion of all appeals iherefrom. adverse to ihe lille as insured.
<br />'(c) The.Ccxnpany shall DDt ~ 1iabl~ for ~I or clamBI~ to any ~~ IUI~;::~
<br />voluruarily alsumed by the insured Dl seUliDg ...y, claim or ..... ..Wi;;-';:' :::~ ",'"
<br />writleIl consent of the Company, '
<br />10. RBDIJCl'ION OF INSIIRANCB.: RRDIJCTlON OR '!"'.............TIQN -
<br />1.JA. RD..ITY: ' '
<br />All payments under Ibis policy, except payments made forcolIS,allOlllCYS. !!:~..
<br />expenses, shall reduce the amOllllt of the inlurance pro tanto,
<br />11. 1,JA.'9D rrY NON'MJUln..A. TlVE.,
<br />k is cxpreasly uncIentoOCl that ihe amount of jnsuranc:e UDder ihis policy shau
<br />reduced by 8I1Y amOUllt iheCompaD)' may pay under anypo~ ;......:... - ,_.:.:-..;~
<br />towhic:bexceplionis tabnin scbeduleB ortowhichtheiDswWi- ...-=.---
<br />or taken subject. or Which is bereafter executed by an insunai ....; w:':':':" - -'
<br />orlim on the eII1IIeorin\eleltclescri.bed ortdened to in Sc:hedule A,....: ;:---
<br />10 paid shall be deemed a payment uncIerlbis policy to the insun:d owner,
<br />12.lA YMRNT OF LOSS. '
<br />(a) No payment shall be made wiihClllt procJacing Ibis po1U:y fui=---:-.::me!~
<br />payment unless ihe policy has been lost or desuoyed, in wbic:b goM; ii~ :!!~
<br />desUUetion shall be (umished to the satisfaclic:m of the CompeDy.
<br />(b) When liability and the aJlIl\ of Joss or damaae has bcai ~;..:~ =--=
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