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4. Coverage A: Coverage for Loss to the Undamaged Portion of the Building a. If a Covered Cause of Loss occurs to covered building property at the premises described in the Declarations,we will pay for the loss in value of the undamaged portion of the building as a consequence of enforcement of an ordinance or law that requires demolition of undamaged parts of the same building. b. Coverage A is included within the Limit of Insurance applicable to the covered building property at the premises described in the Declarations. Coverage A does not increase the Limit of Insurance. c. Loss will be determined as follows: (1) If the Replacement Cost Coverage Option applies and the property is repaired or replaced, on the same premises or another premises, we will not pay more than the lesser of: (a) The amount you actually spend to repair, rebuild or reconstruct the building, but not for more than the amount it would cost to restore the building on the same premises and to the same height,floor area,style and comparable quality of the original property insured; or (b) The Limit of Insurance shown in the Declarations as applicable to the covered building property. (2) If the Replacement Cost Coverage Option applies and the property is not repaired or replaced, or if the Replacement Cost Coverage Option does not apply, we will not pay more than the lesser of: (a) The actual cash value of the building at the time of loss; or (b) The Limit of Insurance shown in the Declarations as applicable to the covered building property. 5. Coverages B: Demolition Cost and C: Increased Cost of Construction (Combined) If a Covered Cause of Loss occurs to covered building property, we will pay up to 25 percent (25%) of the Limit of Insurance applicable to building property at the premises described in the Declarations, subject to a maximum limit of $150,000,for the total of all covered losses(combined)for Demolition Cost and Increased Cost of Construction. Subject to these limits of coverage, the following conditions will apply: a. Demolition Cost (1) With respect to the building that has sustained covered direct physical damage,we will pay the cost to demolish and clear the site of undamaged parts of the same building,as a consequence of enforcement of an ordinance or law that requires demolition of such undamaged property. (2) The Coinsurance Additional Condition does not apply to Demolition Cost. (3) We will not pay more than the amount you actually spend to demolish and clear the site of the premises described in the Declarations. b. Increased Cost of Construction (1) With respect to the building that has sustained covered direct physical damage,we will pay the increased cost to: (a) Repair or reconstruct damaged portions of that building property; and/or (b) Reconstruct or remodel undamaged portions of that building property,whether or not demolition is required; when the increased cost is a consequence of enforcement of the minimum requirements of the ordinance or law. However: (a) This coverage applies only if the restored or remodeled property is intended for similar occupancy as the current property, unless such occupancy is not permitted by zoning or land use ordinance or law. (b) We will not pay for increased cost of construction if the building is not repaired, reconstructed or remodeled. The Coinsurance Additional Condition does not apply to Increased Cost of Construction. (2) When covered building property is damaged or destroyed by a Covered Cause of Loss and Increased Cost of Construction applies to that property in accordance with b.(1) above, coverage for the Increased Cost of Construction also applies to repair or reconstruction of the following, subject to the same conditions stated in b.(1): (a) The cost of excavations, grading, backfilling and filling; (b) Foundation of the building; (c) Pilings; and (d) Underground pipes, flues and drains. The items listed in(2)(a)through(2)(d)above are deleted from Property Not Covered, but only with respect to the coverage described in this provision 5.b. (3) Loss Payment will be determined as follows: Page 16 of 25 Includes copyrighted material of Insurance Services Office,Inc.and MP 97 67 10 10 American Association of Insurance Services,Inc.,with their permission