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� <br /> -1 <br /> ; - <br /> GI'ARANTFt" mXDI7Ici\� AXI� STIPI'LATIO\5 <br /> FOR 1�5f UITH iOft?I�\\� ;�� A\D U�.;): <br /> GI�ARANTL[ CONDITIONS .1ND STIPULATlONS <br /> 1. Afi�1:ITIOK OF TERMS ■moum af�hit Gwnntrt oq d�hi�Gwr�mee i� i�med(or 1ht bendt <br /> The f .luw inF�erma��hm uad in Ihis Gwnmrr man: �f�hnlder o!�monp�Rc,the Comp�ny�hdl hsvt the op�ion to purclu�e <br /> p� `I�nd" Thr I�nd dnrrihed.�M�ifiollp nr bp rcfrrmce, in Ihis �he indebiednta ucur<d b> w�d manpaRt Surh purch�u,qyment or <br /> Gwmm�and �mpru�rmrnu�fFaed iheraa rh¢h b) I�w�cam trnd<r o(pa�mcni o( ih< Iuil �mnun�u!ibe Gwnntn �hdl urtnincte <br /> niw�e ml ro ary; dl InbiLiy n(�ht Cmmpan��htrtunder. In�ht rvrni dter�wlitt o(d�im <br /> P P h��bnn Ri�m t�� iha Cmmp�ny b�� Iht A�wrcd Ihe(nmp�nf oR�n lo <br /> �'�� "puFlia ramdi'� Thor rccord� ��hich impiM mnflrvoi•�t nrv punhneuidmdrbmdneu,�htownrrol�uthmdebtednn�dulllnndet <br /> a�e o!m�uen niumR in fnd I�nd; �nd u�ign uid indeFirdnn+�nd thc monR+R�����^6���^K�°� <br /> (q "dne": Thr rRMivr d��e, C�mpmY upnn p�ymm�o!ihe purrhau pnce. <br /> (d) "ihe Anured�': The p+rq' nt partie� mmrd �s thr A»ured in �, LIMITATION OF UABIIITY—PAYMENT OF LOSS <br /> thii Gwnn�er, or in a mpplement+l w�nunR e+rcmrd by �he <br /> �m����., ��) The lubility n(the Cnmp�n)�under thit Gwnn�er�hdl Fe lim� <br /> (e) "monpa�te": Mnnpape,deed of um�.trwi drrd.or o�her rcur imd�o�he�m��um o(�nwl loi��wuintdby the Anured 6enwe <br /> ity inntumml. af rtlunre upan�he ufuun�et herein�a(onh.but in no eYenl <br /> �hdl �urh L�bihp�n�eed ihc�mnum nf Ihe L�6iGry�wed a+ <br /> 7. EXCLVSIONS FROM COVERAGE OF THIS GUARANTEE theL[ep�Fehcreaf. <br /> The C.ampmy �uumn no G�bili�Y!or lass or d�m�ge bp mson of (b) Tht Compmp rill p�p ol m+ts impoud upon Ihe M�uted in <br /> Ihe(nlloving: lilipimm �rtied on by iAa G�mp�ny fnr the Atfurcd, md �II <br /> 1.1 Tne+nr nfeiimenu M�hich �rr no� �hovn n eu�GnR liens 6) rmis and mornr/'t(en in Ii�iRuion nrritd on by Iht Auut[d <br /> Ihe nartd� o( mf uyinF �u�hnritl' th�t Itrin usef nt �sux� r�iih�he�'riritn auihorimion of�he Compinp. <br /> menb on rtal properp nt by tht pu6Lr�arords. IQ Na d�im(nr d�m�ge� ihdl uir or Ee m�inninaEle under 1hi� <br /> (bl Vnp�rcmed mininp daims.rrxrwinns or nnpiions in pumn Gwmm� 11) d ihe Compiny div h+�ing rertired noiitt of <br /> m in Ans�uih��nnnp�he uswncr�hrn��L �vitr nFhu.dams �n dle�ed ddra, hen m mcumbr�nn no� �hnvn u�n Eatep. <br /> nr Ii11r lo w�alrr noo m v*dudrd herein�emnca�ufh delrn,Gcn or m�umbnnce <br /> wuhin a ro+.�mhle�imr d�er rccript of wch notitt,or (2) !ot <br /> l�l Tn�e io �n� ��,��«�� b���,�d thr Lnr. uf �hr land t�prtssp L�biLry�.olununl� nwmrd 6)'�hr Auured in auLns�n��d�im <br /> dnmbed m i e doxnC��on xi lunh m �he JY1f�NK,Of b1lt p�����w�i�hnm w�rmm�mnxnt af�Ae Comp�ny. <br /> In tlrnls, ro�ds. nenues. I�ne�, wt�t nr .�irn�ae� nn vhrth <br /> mch I�nd aAuts,nt ihr nFht m m+inum thtran uults.tunnels. Idl All p�)mem�und<r this Gmumee,euept far n�omryi fa�u <br /> ump>or�ny �aher etrm�urc�rc impro.emrm�. nr �m� nEhn or prmiJedlor�n p�nFraph 616) ham�f,�hdl ndun Ihr�mount <br /> tavmrnu thnnn unlrsf fuch pn�prrry, n4hu nr n+rmrms�rt ��f �hr Labdm haaundvr pm tamn. �nd nn pqmrn� fhdl bt <br /> rtprresl� and fpecific�ll��s<� fnnh m uid desrnpnon maJe��ihuw pnducinF�hu Gu�umee fot indorumem o(luth <br /> Id1 Ddreu. Lenf.rncum6r�nrtf.+d�enc daim+�F+�^�� ihe Wlr u C+)mem unlrs+ ihe Gu�umer bt lou nr drnrnyed, in vhich <br /> wrmmeC nr��her m�nen 11) «m�rJ, suflerrd, as+umed m �++<p<"��°� suc6 los�or dntrunian �hall be fumi�hed lo drc <br /> iFreed in F� nnc ar more n(ihe Assured.nr (7� rrsul�inF in n^ utn(�uinn af ihe C�mpany. <br /> lo»���hr Auured �e1 u'hrn li�bihq� h�s l+ren definimlp 6ard in�rmrdmn viih �he <br /> mndmonf nl�hif Guaramre,the loa ot d�magr�hdl Ee p�y�ble <br /> ;. PAOSF.CCTIOK OF ACTIONS w�nhin �hirp-d+�-f �hrraher. <br /> U) Thr Cnmrynl shall h��e ihe nph� u n� o.n mu m insiiime � SL'BROGATION CPON PAl'TIENT OR SETTLEI�IENT <br /> and prou�w<an��a�6�m or pnkredinF or dn�n�niher�n which <br /> in ils npminn m.n'hc nrrrsury'or druuble lo rsublish nr rom �I'henv�rr ihe Cnmpmp shill h���e u�ded�d�im under ihi�Gwmm�, <br /> Brm ihe miurn hrrrin Fwunrred. and�he Campany map uke dl nFhl n(�ubmPuon �holl��a�m�he Comp+n un�Rened bp my at <br /> mr appr,�pnart oai�m undrr ihr trtmsn(�huGmnmre w�hriher nl the A+surcd,md i��hall Fe submp+ted m�nd�emidrd to dl n`hq <br /> nr nn�ii+hill he liahle iherrundn and�hall nm�hrrebp mnnde and rrmedin w�hirh�h<A+surcd r'nuld hi�'v h+d�F�imt�ny parwn ot <br /> lia6ilip�ar a'ai�e m�� prnvi�i�m hrrm(. prnpen�� in r<fpra m �urh rl�im h�d this Gwumn nnt been iuued. <br /> 161 In JI c�•o�M hrre�hr G�mpan��dM��w invimir�nd praucme If ihe pi�mm�doe�nm m�er�he lun a!ihe Atsured,Iht Ump�ny thdl <br /> �n� �niun m fro�erdine.thr Mwrcd shall prrmit �h<Cumryny be wbmFneJ b fuch ri�;iru+nd remrJirs in Ihe pwpu��ion wh��h uid <br /> �a use,u iu npiii�n, iha mmr nf�hc A+wrcd(ar fuch pur{mm. p+>mrm k+n to ihr�mnum nf uid I�n+. The Auurrd if requnted br <br /> V�'htn<�rr nqu<vrd h� ihe���mpan�,ihr A++urtd�hdl Fire�he Ihr Cmmpin��. �hill �umfer m the Cnmpany dl riFhlt �nd rtmrdit� <br /> Camp�n� �II tusan�hlr aid m pr,�+�cmmF mrh arGon or Pr��. a�;aimt �n�� pennn or pn�prtty nrcesuq� in ordrr,lo pedea wch riRhl <br /> credmF•+nd �he Compm�� sh�ll n�mhune ihr Assured (ar�n>� �I m6mF+iian. �nd �hdl petmi� �he Company lo uu �he n�me of Ihe <br /> r�prnu w� incurred. Aswrrd m any mm+nion or IiG f��ion imohing�uch righuor nmediH. <br /> 1. NOTICE OF LOSS—LIt�IITATIOI� OF ACTION e. GL'AFANTEE Et�TIRE CONTRACT <br /> A su�emem in ��ri�in�; n! anp Ims nr Aam��r (nr w�hich it is dumed Anp�t�inn nr aaimm�r righU of�ninn ihn ihe Auured m�y h�ve or <br /> the G�mp�n�� i� L�61r under ihis Gu�umor ihall br fumuhed in the mry�brin•�F+inn�hr Cnmryn� uuing nui of the tubjea mn�er heteo! <br /> Cnmpmp ��i�hin uiiy da��s d�er such luw ��� d�mape �hdl ha��r been m�������ed nn �hr prori�iom o!thn Gummet. <br /> deie�mined,�nd n��ntiht af�ainn�hill aicmr i��ihe A�surrd undrr�hb �.j�r�o�.���nn or mndilion d Ihit Gwunitt nn D�•�.hed or eh.nRtd <br /> Gu�ontre umil �hirp� da>�e dier surh uoiemrnt sh�ll h��r 6nn !ur o<ept bp���riiing endnrud nr uu.hed herem��Rnrd by Ihe Pnfidenl, <br /> nished,�nd no rca,�ep ihali br h�d 6��hc M�ur�d�nJrr ihh Gwnmee �Vin Pusidrnt.ihr Seueury.�n A++isnm Serra+p�or o�hrr vdiduinj <br /> unleu�ninn�h+ll Ar commrnted ihrrrun��uhm rv�n yean d�rr opiw ���er nf Ihe Cnmpmy. <br /> �ion of uid �hin� da�� prrind F�ilure m lumieh +u�h u�umrn� nf Ims <br /> nr d�maFe nr In cnmmenee m:h �en�m wi�hin ihe bme hereinA�(nn 9. NOTICES,�f'HERE SEKT <br /> tp�riRed,shall be� rnndwirr bu�gaim� m+m�rnanrv A� �he Auured All noGnt rryuued �o be Ri�en �hr Camp�ny md �ny m�ement In <br /> o(an���ainn under�hit Gu�nnla. w�ri�ing n9uired�n 6v fumi�hrA Ihe Ccmpan�� �hdl bc�dMnted ro i�. <br /> ). OP':ION TO PAl', SETTLE OR COI.IPROMISE CLAIMS �� Ihe ofRa vhich i�wed�hii Gwnniee. <br /> Thr Comp+n��fh+tl haro thr opiinn to p���or uidr m tampromiu for <br /> nr in ih< mme n! thr Asfured�ny d�im r�hith rauld rnuli in Im� �0 10. The fie�ptcificd on �he!ae of�his Gwnmee i�ihe�oul (ee!or�i�le <br /> Ihe AvureJ w i�hin ihe m�er+Fe n( Ihn Gwnmee,m �a p�Y ihe lull ft+rth ind tuminmm�tnd for Ihi�Guarm�a. <br /> FwmT'o.F�N3 )•U��t <br />