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2. For Covered Property in which both you <br /> and the Loss Payee have an insurable in- <br /> terest,we will: <br /> a. Adjust losses with you; and <br /> b. Pay any claim for loss or damage <br /> jointly to you and the Loss Payee, as <br /> interests may appear. <br /> 3. The following is added to the Paragraph <br /> H. Other Insurance in Section III — <br /> Common Policy Conditions: <br /> For Covered Property that is the subject of <br /> a contract of sale, the word "you" includes <br /> the Loss Payee. <br /> C. Building Owner Loss Payable Clause <br /> 1. The Loss Payee shown in the Schedule or <br /> in the Declarations is the owner of the <br /> described building in which you are a <br /> tenant. <br /> 2. We will adjust losses to the described <br /> building with the Loss Payee. Any loss <br /> payment made to the Loss Payee will <br /> satisfy your claims against us for the <br /> owner's property. <br /> 3. We will adjust losses to tenant's improve- <br /> ments and betterments with you, unless <br /> the lease provides otherwise. <br /> Page 2 of 2 ©Insurance Services Office, Inc., 2009 BP 12 06 01 10 ❑ <br />