1997-148-RES WHEREAS, TERM OF OFFICE OF RICHARD M AMIS AS A MEMBER OF FIREFIGHTERS' AND POLICE OFFICERS'

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CRIME COVERAGE However, this coverage is for your benefit only. If provides no rights or benefits to any other person or organization. 5. Records: You must keep record of all Covered Property so we can verify the amount of any loss. 6. Valuation. Settlement a. Subject to the applicable Limit of Coverage provision, we will pay for: (1) Loss of "money" but only up to and including its face value. We may, at our option, pay for loss of "money" issued by any country other than the United States of America: (a) At face value in the "money" issued by that COUntry; or (b) In the United States of America dollar equivalent determined by the rate of exchange on the day the loss was discovered. (2) Loss of "securities" but only up [0 and including their value at the close of business on the day the loss was discovered. We may, at our option: (a) Pay the value of such "securities" or replace them in kind, in which event you must assign to us all your rights, title and interest in and to those "securities"; (b) Pay the COSt of any Lost Securities Bond required in connection with issuing duplicates of the "securities." However, we will be iiable only for the payment of so much of the COSt of t.l:1e bond as would be charged for a bond having a penalty not exceeding the lesser of the: I. Value of the "securities" at the close otbusiness on the day the loss was discovered; or ii. Limit of Coverage. (3) Loss .of, or loss from damage to, .property other than money and securities" or loss from damage [0 the .premises" for not more than the: (a) ACTUal cash value of the property on the day the loss was discovered; (b) Cost of repairing the property or "premises"; or (c) Cost of replacing the property with property of iike kind and quality . Page 4 EP321 05/12/97