Pivotal Point LLLP/Everett Housing Authority 7/7/2025

• EXHIBIT 6 REQUIRED INSURANCE PNC Real Estate A. General Requirements All policies or documents evidencing the required insurance shall: 1. Be provided at least ten (10) days prior to equity closing to ensure adequate lead time for PNC to engage its consultant and receive its Final Insurance Due Diligence Report prior to closing; updates must be provided as required for each capital contribution. 2. Be maintained throughout the term of the loan(s) and the term of ownership for all borrowers/owners/investment partners. 3. Clearly identify the property location or description on each certificate. 4. Be provided in the following form,with all forms and endorsements noted: • Accord 25-Ink-signed Certificate of Liability Insurance • Accord 28(2003/10 edition)-Ink-signed Evidence of Property Insurance • A full copy of the policy when available 5. Name the Operating Company as the Named Insured on each policy provided by the Owner, or on behalf of the Owner,and name the following entities as Additional Insureds on all policies required of any party under these guidelines(with the exception of auto liability,professional liability(E&O)and Workers'Compensation: • IMs and their successors and assigns, • SMs and their successors and assigns and • All Additional Investors(the equity providers) 6. All liability insurance policies provided by parties other than the Owner shall name the Company and/or the entities that comprise it as Additional Insureds. Professional liability coverage shall indicate the Company as certificate holder 7. Binders may be accepted for a 30-day period only. • Continuous binders are acceptable if issued by the insurance company's underwriter. Continuous binders must be replaced with certificates or policies within 30 days of receipt. • Facsimile copies are acceptable as temporary evidence of coverage. Hard copies must be promptly delivered to confirm evidence. 8. Be issued/written by insurance carrier or carriers acceptable to the lender and investor and having: • A rating of A: Class VII or better(a couple of investors require A-/X or better)by A.M. Best's Key Rating guide (note: the insurance company's NAIC number is needed in addition to their name),or • A rating of"A"or higher from Standard&Poor's. 9. Be written on a per occurrence basis(,professional liability coverage and Environmental Impairment Liability including contractor's pollution legal liability insurance coverage,which may be written on a claims-made basis). 10. Have a cancellation provision requiring the carrier to notify the parties(Company,Managing Member, IM,SM,Lenders and equity providers)at least thirty(30)days in advance,(10)days for nonpayment of premium, of any policy reduction, cancellation, premiums due, any lapse expiration, material change,amendment or non-renewal intent. Notice should be advance written notice via certified mail return receipt requested. 11. Be written for a term of not less than one year, with premiums prepaid and evidence of premium payment accompanying the binders and policies. The following requirements apply to Property policies: 12. Name the Lender and its successors and assigns (collectively, the Lender) as Mortgagee and Loss Payee.. 13. Name the SM and its successors and assigns as.Loss Payee