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Unless indicated otherwise in this endorsement, the deductible shown in the Declarations applies. <br />4. Additional Conditions <br />Section I. E. 5. d. is amended to include the following: <br />a. Valuation <br />Where not otherwise indicated, we will not pay more than the actual cash value of the lost or <br />damaged property at the time loss or damage occurs. The payment amount shall be ascertained <br />or estimated according to such actual cash value and shall in no event exceed what it would cost <br />to repair, rebuild or replace the property with other property of like kind and quality. <br />b. Valuation of Stock <br />Commodity Stock <br />Merchandise and raw materials that are bought and sold at an established market <br />exchange at: <br />(1) The posted market price as of the time and place of loss or damage; <br />(2) Less discounts and expenses you otherwise would have had. <br />Finished Stock <br />Goods that you have manufactured at the selling price less discounts and expenses you <br />otherwise would have had. <br />Mercantile Stock - Sold <br />Goods you have sold but not delivered at the selling price less discounts and expenses <br />you otherwise would have had. <br />II. SECTION II — LIABILITY IS AMENDED AS FOLLOWS: <br />1. Bail Bonds <br />Section II. A. 1. f, (1) (b) is deleted and replaced by the following: <br />Up to $2,500 for cost of bail bonds required because of accidents or traffic law violations arising <br />out of the use of any vehicle to which Business Liability Coverage for "bodily injury" applies. We <br />do not have to furnish these bonds. <br />2. Damage To Premises Rented To You <br />Section II. D. 3. is deleted and replaced by the following: <br />The most we will pay under Business Liability Coverage for damages because of "property damage" <br />to a premises while rented to you or in the case of fire while rented to you or temporarily occupied by <br />you with permission of the owner is the greater of: <br />a. $300,000; or <br />b. The amount shown in the Declarations for Damage To Premises Rented To You <br />For a premises temporarily occupied by you, the applicable limit will be the highest Damage To <br />Premises Rented To You limit shown in the Declarations. <br />3. Damage to Property In Your Possession <br />Section II. D. is amended to include the following: <br />a. We will pay up to $50,000 as a Limit of Insurance to cover "property damage" to personal <br />property of others that is in the care, custody or control of the insured. <br />b. The most we will pay under this coverage is $50,000 regardless of the number of: <br />(1) Insureds <br />(2) Claims made; or <br />(3) Persons or organizations making claims. <br />Coverage ceases when the coverage limit has been exhausted or at policy expiration whichever <br />comes first. <br />Page 18 of 24 Includes Copyrighted Material of the Insurance Services Office, Inc. BP990102 0522 <br />Used with permission <br />ATTY/AGR.2026.027/Azasa Inc. (875 Middlefield Rd) (Page 35 of 51) <br />