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Home My WebLink AboutCOI - Eden Housing, Inc. - Expires 2022-12-31ACCOR& EVIDENCE OF COMMERCIAL PROPERTY INSURANCE DATE(M 1 !4l2022022YYY) THIS EVIDENCE OF COMMERCIAL PROPERTY INSURANCE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE ADDITIONAL INTEREST NAMED BELOW. THIS EVIDENCE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS EVIDENCE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE ADDITIONAL INTEREST. PRODUCER NAME, i PHONE 15 536 COMPANY NAME AND ADDRESS NAIC NO: 20079 CONTACT PERSON AND ADDRESS L(N.r,,XQ_EXjh_._44011_-_ _6 Arthur J. Gallagher & Co. Insurance Brokers of CA. Inc. National Fire & Marine Insurance Co 595 Market Street, Suite 2100 1314 Douglas Street San Francisco, CA 94105 Suite 1400 Omaha, NE 68102 _ _______ __ _ LiEanse#T0T269- � X A-D-D- L , Mike Blach a .com IF MULTIPLE COMPANIES, COMPLETE SEPARATE FORM FOR EACH CODE: T SUB CODE: POLICY TYPE AGENCY Property -Gt�1�ER113#0 EDENHOU-02 - — -- - NAMED INSURED AND ADDRESS LOAN NUMBER POLICY NUMBER Eden Housing, Inc. _ i DF00009617 22645 Grand Street - : _ Hayward CA 94541 EFFECTIVE DATE EXPIRATION DATE ;_ _ CONTINUED UNTIL 12/3112021 TERMINATED IF CHECKED 12l31l2022 1I, ADDITIONAL NAMED INSURED(S) THIS REPLACES PRIOR EVIDENCE DATED: Eden Housing Management PROPERTY INFORMATION ACORD 101 May be attached If mores ace Is required) W BUILDING UK W 51.151NIt55 FhHSUNAL PHUFt:K 1 Y LOCATION I DESCRIPTION Property Name: Monterra Village Apartments THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS EVIDENCE OF PROPERTY INSURANCE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. f_nVFRA[;I= INFl1QRAATInM or -au a MCI iaGn I I aecir• I I aanen 1X I cocr1lAi COMMERCIAL PROPERTY COVERAGE AMOUNT OF INSURANCE: $ 350.000.000 DED:s10,000 YES NO NSA ® BUSINESS INCOME ❑ RENTAL VALUE X It YES, LIMIT:$350,000.000 X I Actual Loss Sustained; 4 of months;12 BLANKET COVERAGE X If YES, indicate value(s) reported on property identified above: $ TERRORISM COVERAGE X Attach Disclosure Notice / DEC IS THERE A TERRORISM -SPECIFIC EXCLUSION? IS DOMESTIC TERRORISM EXCLUDED? X X LIMITED FUNGUS COVERAGE X If YES, LIMIT:$250,000 DED:S10.000 FUNGUS EXCLUSION (If "YES". specify organization's form used) X REPLACEMENT COST X AGREED VALUE X COINSURANCE X If YES, % EOUIPMENT BREAKDOWN (If Applicable) X If YES, LIMIT:Included DED:$10.000 ORDINANCE OR LAW - Coverage for toss to undamaged portion of bldg X If YES. LIMIT:Included DED:$10,000 Demolition Costs X If YES, LIMIT:Included DED:$10.000 - Incr. Cost of Construction X If YES, LIMIT:Included DED:$10,000 EARTH MOVEMENT (It Applicable) X If YES, LIMIT: DED: FLOOD (If Applicable) X If YES, LIMIT: DED: WIND / HAIL INCL ® YES ❑ NO Subject to Different Provisions: X II YES. LIMIT:Included DED:S10.000 NAMED STORM INCL ® YES ❑ NO Subject to Different Provisions: X If YES. LIMIT: DED: PERMISSION TO WAIVE SUBROGATION IN FAVOR OF MORTGAGE HOLDER PRIOR TO LOSS —rj—r CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. ADDITIONAL INTEREST CONTRACT OF SALE MORTGAGEE LENDER'S LOSS PAYABLE =LOSS PAYEE LENDER SERVICING AGENT NAME AND ADDRESS NAME AND ADDRESS City of Gilroy and Its Mayor and City Council, Agents, Officers AUTHORIZED REPRESENTATIVE and Employees 7351 Rosanna Street Gilroy. CA 95020 © 2003-2015 ACORD CORPORATION. All rights reserved. ACORD 28 (2016/03) The ACORD name and logo are registered marks of ACORD 2' of 9 1554 AGENCY CUSTOMER ID: EDENHOU-02 LOC #: ACC 11%�_ ADDITIONAL REMARKS SCHEDULE Page 1 of 1 AGENCY NAMED INSURED Arthur J. Gallagher & Co. Insurance Brokers of CA. Inc. Eden Housing, Inc. 22645 Grand Street Hayward CA 94541 POLICY NUMBER DF00009617 CARRIER NAIC CODE National Fire & Marine Insurance Co 20079 EFFECTIVE DATE: 12/31/2021 AUU ITHIS ADDITIONAL REMARKS FORM IS A SCHEDULE TO ACORD FORM, I FORM NUMBER: 28 FORM TITLE: EVIDENCE OF COMMERCIAL PROPERTY INSURANCE (REMARKS JProperty Coverage - Shared & Layered Program - 12/31/2021 to 12/31/2022 Primary $2,500,000 National Fire & Marine Insurance - Policy # DF00009617 Lexington Insurance Company - Policy # 62502784 Underwriters at Lloyds, London (Faraday Slip) - Policy # PW0335621 Underwriters at Lloyds, London (QBE Slip) - Policy # PW0335721 $7,500,000 xs $2,500,000 Ironshore Specialty Insurance Company - Policy #100038772303 Aspen Specialty Insurance Company - Policy #PXOOK9Q21 AXIS Suplus Insurance Company — Policy # ELF658375-21 Lexington Insurance Company - Policy # 62502784 Underwriters at Lloyds, London (Faraday Slip) - Policy # PW0335621 Underwriters at Lloyds, London (QBE Slip) - Policy # PW0335721 $15,000,000 xs $10,000,000 Landmark American Insurance Company - Policy # LHD427956 Endurance American Specialty Insurance Company - Policy #ESP30000409404 Ategrity Specialty Insurance Company - Policy #01 BXPP000013552 $75,000,000 xs $25,000,000 Homeland Insurance Company of New York - Policy # 795017161 $100,000,000 xs $100,000,000 Great American Insurance Company of New York - Policy #CPP173771105 $150,000,000 xs 5200,000,000 Landmark American Insurance Company - Policy # LHD427957 Mitsui Sumitomo Insurance Company - Policy #EXP7000751 Terrorism Coverage - $150,000,000 Underwriters at Lloyds of London - Policy # FC0180421 Terrorism Deductible - $25,000 Property Deductible - $10,000 AOP Other Significant Coverage Terms: - Blanket Building coverage includes ALL Properties for Eden Housing, Inc. - Wind and Hail included - The insurable value is 100% Replacement Cost value for the Project; however, there are no limitations within the policy tying loss recovery to the statement of values. The Blanket Limit is available for loss at any one location. Property Name: Monterra Village Apartments Property Address: 860-950 Mantelli Dr., Gilroy CA 95020 Named Insured Includes: Eden Housing Management, Inc. 30 Day Notice of Cancellation 110 Day Notice for Non -Payment of Premium ACORD 101 (2008/01) © 2008 ACORD CORPORATION. All rights reserved. The ACORD name and logo are registered marks of ACORD 3' of 9 1554 POLICY NUMBER: DF00009617 COMMERCIAL PROPERTY CP 1218 06 95 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. LOSS PAYABLE PROVISIONS This endorsement modifies insurance provided under the following: BUILDING AND PERSONAL PROPERTY COVERAGE FORM BUILDERS' RISK COVERAGE FORM CONDOMINIUM ASSOCIATION COVERAGE FORM CONDOMINIUM COMMERCIAL UNIT -OWNERS COVERAGE FORM STANDARD PROPERTY POLICY SCHEDULE Provisions Applicable Prem. Bldg. Description Loss Payee Loss Lender's Contract No. No. of Property (Name & Address) Payable Loss Payable Of Sale A. When this endorsement is attached to the STAN- DARD PROPERTY POLICY CP 00 99 the term Coverage Part in this endorsement is replaced by the term Policy. The following is added to the LOSS PAYMENT Loss Condition, as indicated in the Declarations or by an "X" in the Schedule: B. LOSS PAYABLE For Covered Property in which both you and a Loss Payee shown in the Schedule or in the Dec- larations have an insurable interest. we will: 1. Adjust losses with you; and 2. Pay any claim for loss or damage jointly to you and the Loss Payee, as interests may appear. CP 12 18 06 95 Copyright, ISO Commercial Risk Services, Inc.. 1994 Page 1 of 2 4' of 9 1554 C. LENDER'S LOSS PAYABLE 1. The Loss Payee shown in the Schedule or in the Declarations is a creditor, including a mortgageholder or trustee, whose interest in Covered Property is established by such writ- ten instruments as: a. Warehouse receipts; b. A contract for deed; c. Bills of lading; d. Financing statements; or e. Mortgages, deeds of trust, or security agreements. 2. For Covered Property in which both you and a Loss Payee have an insurable interest: a. We will pay for covered loss or damage to each Loss Payee in their order of prece- dence, as interests may appear. b. The Loss Payee has the right to receive loss payment even if the Loss Payee has started foreclosure or similar action on the Covered Property. c. If we deny your claim because of your acts or because you have failed to comply with the terms of the Coverage Part, the Loss Payee will still have the right to receive loss payment if the Loss Payee: (1) Pays any premium due under this Cov- erage Part at our request if you have failed to do so; (2) Submits a signed, sworn proof of loss within 60 days after receiving notice from us of your failure to do so; and (3) Has notified us of any change in owner- ship, occupancy or substantial change in risk known to the Loss Payee. All of the terms of this Coverage Part will then apply directly to the Loss Payee. d. If we pay the Loss Payee for any loss or damage and deny payment to you because of your acts or because you have failed to comply with the terms of this Coverage Part: (1) The Loss Payee's rights will be trans- ferred to us to the extent of the amount we pay; and (2) The Loss Payee's rights to recover the full amount of the Loss Payee's claim will not be impaired. At our option, we may pay to the Loss Payee the whole principal on the debt plus any accrued interest. In this event, you will pay your remaining debt to us. 3. If we cancel this policy, we will give written notice to the Loss Payee at least: a. 10 days before the effective date of cancel- lation if we cancel for your nonpayment of premium; or b. 30 days before the effective date of cancel- lation if we cancel for any other reason. 4. If we elect not to renew this policy, we will give written notice to the Loss Payee at least 10 days before the expiration date of this policy. D. CONTRACT OF SALE 1. The Loss Payee shown in the Schedule or in the Declarations is a person or organization you have entered a contract with for the sale of Covered Property. 2. For Covered Property in which both you and the Loss Payee have an insurable interest we will: a. Adjust losses with you; and b. Pay any claim for loss or damage jointly to you and the Loss Payee, as interests may appear. 3. The following is added to the OTHER INSUR- ANCE Condition: For Covered Property that is the subject of a contract of sale, the word "you" includes the Loss Payee. Page 2 of 2 Copyright, ISO Commercial Risk Services, Inc.. 1994 CP 12 18 06 95 5' of 9 1554 DATE (MMiDDNYYY) EVIDENCE OF COMMERCIAL PROPERTY INSURANCE 1/4/2022 THIS EVIDENCE OF COMMERCIAL PROPERTY INSURANCE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE ADDITIONAL INTEREST NAMED BELOW. THIS EVIDENCE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS EVIDENCE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE ADDITIONAL INTEREST. PRODUCER NAME, I PHONE 415-536-4011 COMPANY NAME AND ADDRESS NAIC NO: 20079 CONTACT PERSON AND ADDRESS L(AL11 N4.gKI�__-_ Arthur J. Gallagher & Co. Insurance Brokers of CA. Inc. National Fire & Marine Insurance Co 595 Market Street, Suite 2100 1314 Douglas Street San Francisco, CA 94105 Suite 1400 Omaha, NE 68102 -- -- FAX -- E-MAIL ADd RESS: Mike_Blach@ajg.com IF MULTIPLE COMPANIES, COMPLETE SEPARATE FORM FOR EACH CODE: SUB CODE: POLICY TYPE AGENCY -- ---- - CUSToMER ID u: EDENHOU-02 Property NAMED INSURED AND ADDRESS LOAN NUMBER POLICY NUMBER Eden Housing, Inc. 22645 Grand Street _ _ DF00009617 Hayward CA 94541 EFFECTIVE DATE ; EXPIRATION DATE CONTINUED UNTIL 12/31/2021 12/31/2022 TERMINATED IF CHECKED ADDITIONAL NAMED INSURED(S) THIS REPLACES PRIOR EVIDENCE DATED: Eden Housing Management rFSUrtti I Y INI-%JKPaA I IUN (AGUKU IUl may De anacned it more space Is requires) 1.6.1 tiU1LUINU UK W tiUbINtbb f tHbUNAL I`HUI tH I Y LOCATION / DESCRIPTION Property Name: Monterra Village Apartments THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS EVIDENCE OF PROPERTY INSURANCE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. f%nVPRAf:G IAIGn0%AATIf1AI oeou a 1K101 iocn I I onein I Ioor�en X c•r�nie COMMERCIAL PROPERTY COVERAGE AMOUNT OF INSURANCE. $ 350,000.000 DED:$10.000 YES NO WA ® BUSINESS INCOME ❑ RENTAL VALUE X If YES. LIMIT: $350.000.000 X I Actual Loss Sustained; # of months:12 BLANKET COVERAGE X If YES, indicate value(s) reported on property identified above. $ TERRORISM COVERAGE X I Attach Disclosure Notice/ DEC IS THERE A TERRORISM -SPECIFIC EXCLUSION? IS DOMESTIC TERRORISM EXCLUDED? X X LIMITED FUNGUS COVERAGE X II YES, LIMIT:$250,000 DED:g10,000 FUNGUS EXCLUSION (if "YES". specify organization's form used) X REPLACEMENT COST X AGREED VALUE I X COINSURANCE X If YES, % EQUIPMENT BREAKDOWN (If Applicable) X It YES, LIMIT:Included DED:S10.000 ORDINANCE OR LAW - Coverage for loss to undamaged portion of bldg X If YES, LIMIT:Included DED:$10,000 Demolition Costs X If YES. LIMIT:Included DED: $10.000 - Incr. Cost of Construction X If YES, LIMIT:Included DED:510.000 EARTH MOVEMENT (If Applicable) X If YES, LIMIT: DED: FLOOD (If Applicable) X If YES. LIMIT: DED: WIND / HAIL INCL ® YES ❑ NO Subject to Different Provisions. X If YES. LIMIT;Included DED:$10,000 NAMED STORM INCL ® YES ❑ NO Subject to Different Provisions: X If YES, LIMIT: DED: PERMISSION TO WAIVE SUBROGATION IN FAVOR OF MORTGAGE HOLDER PRIOR TO LOSS X CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. ADDITIONAL INTEREST CONTRACT OF SALE MORTGAGEE LENDER'S LOSS PAYABLE LOSS PAYEE LENDER SERVICING AGENT NAME AND ADDRESS NAME AND ADDRESS City of Gilroy and its Mayor and City Council, Agents, Officers AUTHORIZED REPRESENTATIVE and Employees 7351 Rosanna Street Gilroy, CA 95020�-- 0 2003-2015 ACORD CORPORATION. All rights reserved. ACORD 28 (2016/03) The ACORD name and logo are registered marks of ACORD 6' of 9 1554 AGENCY CUSTOMER ID: EDENHOU-02 LOC #: ADDITIONAL REMARKS SCHEDULE AGENCY NAMED INSURED Arthur J. Gallagher 8 Co. Insurance Brokers of CA. Inc. Eden Housing, Inc. 22645 Grand Street POLICY NUMBER Hayward CA 94541 DF00009617 CARRIER NAIC CODE National Fire & Marine Insurance Co 20079 EFFECTIVE DATE: 12/31/2021 AD THIS ADDITIONAL REMARKS FORM IS A SCHEDULE TO ACORD FORM, FORM NUMBER: 28 FORM TITLE: EVIDENCE OF COMMERCIAL PROPERTY INSURANCE REMARKS: Property Coverage - Shared 8 Layered Program - 12/31/2021 to 12/31/2022 Primary S2,500,000 National Fire 8 Marine Insurance - Policy # DF00009617 Lexington Insurance Company - Policy # 62502784 Underwriters at Lloyds, London (Faraday Slip) - Policy # PW0335521 Underwriters at Lloyds, London (QBE Slip) - Policy # PW0335721 $7,500,000 xs $2,500,000 Ironshore Specialty Insurance Company - Policy #100038772303 Aspen Specialty Insurance Company - Policy #PXOOK9021 AXIS Suplus Insurance Company — Policy # ELF658375-21 Lexington Insurance Company - Policy # 62502784 Underwriters at Lloyds, London (Faraday Slip) - Policy # PW0335621 Underwriters at Lloyds, London (QBE Slip) - Policy # PW0335721 Page 1 of 1 $15,000,000 xs $10,000,000 Landmark American Insurance Company - Policy # LHD427956 Endurance American Specialty Insurance Company - Policy #ESP30000409404 Ategrity Specialty Insurance Company - Policy #01 BXPP000013552 $75,000,000 xs $25,000,000 Homeland Insurance Company of New York - Policy # 795017161 $100.000,000 xs $100,000,000 Great American Insurance Company of New York - Policy #CPP 173771105 $150,000,000 xs $200,000,000 Landmark American Insurance Company - Policy # LHD427957 Mitsui Sumitomo Insurance Company - Policy #EXP7000751 Terrorism Coverage - $150,000,000 Underwriters at Lloyds of London - Policy # FC0180421 Terrorism Deductible - $25,000 Property Deductible - $10,000 AOP Other Significant Coverage Terms: - Blanket Building coverage includes ALL Properties for Eden Housing, Inc. - Wind and Hail included - The insurable value is 100% Replacement Cost value for the Project; however, there are no limitations within the policy tying loss recovery to the statement of values. The Blanket Limit is available for loss at any one location. Property Name: Monterra Village Apartments Property Address: 860-950 Mantelli Dr., Gilroy CA 95020 Named Insured Includes. Eden Housing Management, Inc. 30 Day Notice of Cancellation 110 Day Notice for Non -Payment of Premium ACORD 101 (2008/01) © 2008 ACORD CORPORATION. All rights reserved. The ACORD name and logo are registered marks of ACORD 7' of 9 1554 POLICY NUMBER. DF00009617 COMMERCIAL PROPERTY CP 12 18 06 95 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. LOSS PAYABLE PROVISIONS This endorsement modifies insurance provided under the following: BUILDING AND PERSONAL PROPERTY COVERAGE FORM BUILDERS' RISK COVERAGE FORM CONDOMINIUM ASSOCIATION COVERAGE FORM CONDOMINIUM COMMERCIAL UNIT -OWNERS COVERAGE FORM STANDARD PROPERTY POLICY SCHEDULE Provisions Applicable Prem. Bldg. Description Loss Payee Loss Lender's Contract No. No. of Property (Name & Address) Payable Loss Payable Of Sale A. When this endorsement is attached to the STAN- DARD PROPERTY POLICY CP 00 99 the term Coverage Part in this endorsement is replaced by the term Policy. The following is added to the LOSS PAYMENT Loss Condition, as indicated in the Declarations or by an "X" in the Schedule: B. LOSS PAYABLE For Covered Property in which both you and a Loss Payee shown in the Schedule or in the Dec- larations have an insurable interest, we will: 1. Adjust losses with you; and 2. Pay any claim for loss or damage jointly to you and the Loss Payee, as interests may appear. CP 12 18 06 95 Copyright, ISO Commercial Risk Services, Inc.. 1994 Page 1 of 2 8' of 9 1554 C. LENDER'S LOSS PAYABLE 1. The Loss Payee shown in the Schedule or in the Declarations is a creditor, including a mortgageholder or trustee, whose interest in Covered Property is established by such writ- ten instruments as: a. Warehouse receipts; b. A contract for deed; c. Bills of lading; d. Financing statements; or e. Mortgages, deeds of trust, or security agreements. 2. For Covered Property in which both you and a Loss Payee have an insurable interest: a. We will pay for covered loss or damage to each Loss Payee in their order of prece- dence, as interests may appear. b. The Loss Payee has the right to receive loss payment even if the Loss Payee has started foreclosure or similar action on the Covered Property. c. If we deny your claim because of your acts or because you have failed to comply with the terms of the Coverage Part, the Loss Payee will still have the right to receive loss payment if the Loss Payee: (1) Pays any premium due under this Cov- erage Part at our request if you have failed to do so; d. If we pay the Loss Payee for any loss or damage and deny payment to you because of your acts or because you have failed to comply with the terms of this Coverage Part: (1) The Loss Payee's rights will be trans- ferred to us to the extent of the amount we pay; and (2) The Loss Payee's rights to recover the full amount of the Loss Payee's claim will not be impaired. At our option, we may pay to the Loss Payee the whole principal on the debt plus any accrued interest. In this event, you will pay your remaining debt to us. 3. If we cancel this policy, we will give written notice to the Loss Payee at least: a. 10 days before the effective date of cancel- lation if we cancel for your nonpayment of premium; or b. 30 days before the effective date of cancel- lation if we cancel for any other reason. 4. If we elect not to renew this policy, we will give written notice to the Loss Payee at least 10 days before the expiration date of this policy. D. CONTRACT OF SALE (2) Submits a signed, sworn proof of loss 2. within 60 days after receiving notice from us of your failure to do so; and (3) Has notified us of any change in owner- ship, occupancy or substantial change in risk known to the Loss Payee. All of the terms of this Coverage Part will then apply directly to the Loss Payee. 3. The Loss Payee shown in the Schedule or in the Declarations is a person or organization you have entered a contract with for the sale of Covered Property. For Covered Property in which both you and the Loss Payee have an insurable interest we will: a. Adjust losses with you; and b. Pay any claim for loss or damage jointly to you and the Loss Payee, as interests may appear. The following is added to the OTHER INSUR- ANCE Condition: For Covered Property that is the subject of a contract of sale, the word "you" includes the Loss Payee. Page 2 of 2 Copyright, ISO Commercial Risk Services, Inc., 1994 CP 12 18 06 95 9' of 9 1554 DATE (MMiDDNYYY) A RC® CERTIFICATE OF LIABILITY INSURANCE 1/4/2022 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder Is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder In lieu of such endorsements . PRODUCER CONTACT NAME: Mike Blach _ Arthur J. Gallagher & Co. Insurance Brokers of CA. PHONE 415-536-4011 r FAX No 595 Market Street, Suite 2100 .MAIL San Francisco CA 94105 ADDRESS: Mike_Blach@ajg.com INSURER(S) AFFORDING COVERAGE _ NAIC 0 License#: 0726293 INSURER A: Philadelphia Indemnity Insurance Company 18058 INSURED EDENHOU-02 INSURERS: Tokio Marine Specialty Ins Co - 23850 Eden Housing, Inc. �--�-- - 22645 Grand Street INSURER c : Nonprofits' Insurance Alliance of CA -- Hayward, CA 94541 INSURER D : Everest Premier Insurance Company 16045 INSURER E : ALLIED WORLD NATL ASSUR CO 10690 INSURER F : COVERAGES CERTIFICATE NIIMRFR- 1R3Randan RFVISI()N NIIMRFR- THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. ADDL;S�BRi - MMlDDlYYY MMIDDlYYY LIMITS LTR i TYPE OF INSURANCE 1 wv POLICY NUMBER POLICY EFF ' POLICY EXP C X 'COMMERCIAL GENERAL LIABILITY 2021-71565-GL 12/31/2021 12/31/2022 EACH OCCURRENCE $ 1.000,000 - AMAGE TO RE�1TEb -- - - 500.000 CLAIMS MADE OCCUR i PFIEMISES Ea occurrence $ -_- -- MED EXP (Any one person) -- $ 20,000 X Deductible - NIL PERSONAL & ADV INJURY $ 1,000,000 GE N'L AGGREGATE LIMIT APPLIES PER: GENERAL AGGREGATE $ 3,000,000 PRO { X POLICY I LOC -- JECT ' I PRODUCTS COMP,`OP AGG $ 3,000,000 _- OTHER: I C AUTOMOBILE LIABILITY i 1213112021 � COaAaBcINEeDntSINGLE MIT202171565 12/31/2022 $1,_0_00_.000 ANY AUTO ' BODILY INJURY (Per person) 1 $ OWNED SCHEDULED AUTOS ONLY AUTOS -� BODILY INJURY (Per accident) - S X HIRED X ` NON -OWNED PROPERTY DAMAGE 1 $- - -T - AUTOS ONLY AUTOS ONLY Per accident) C X j UMBRELLA LIAR X OCCUR 202171565UMB 12/3112021 12/31/2022 ' EACH OCCURRENCE $ 20,000.000 E `� EXCESS UA8 f CLAIMS -MADE --. L_1 — ------ 03093725 12/31/2021 12/31/2022 — - -- - I AGGREGATE — --� — $ 20,000,000 _ _ DED I RETENTION S _ �. - ----- .. ! - - -- - $ D WORKERS COMPENSATION CA10001726221 118/2022 1/8/2023 jX PER OTH STATUTE 1 ER AND EMPLOYERS'LIABILITY Y / N _ _ ANYPROPRIETORrPARTNER�E? OFFICERIMEMBEREXCLUDED"'NIA E.L. EACH ACCIDENT $ -1,0_00,_0-00 (Mandatory In NH) E.L. DISEASE_- EA EMPLOYEE $1.000.000 II es, describe under i D>SCRIPTION OF OPERATIONS belowE.L. IPTI DISEASE - POLICY LIMIT $1,000,000 A Crime PHSD1681484 12/31/2021 12/31/2022 LIMIT $1,000,000 B Directors & Off►cers PSD1660283 I 9/13/2021 9113/2022 LIMIT i j $5.000,000 DESCRIPTION OF OPERATIONS/ LOCATIONS/ VEHICLES (ACORD 101, Additional Remarks Schedule, maybe attached if more space Is required) Project Name: Wheeler Manor and Redwood Apartments Project Address: Wheeler Manor - 651 Sixth Street & 650 W. 5th St; 7455 Carmel St., Gilroy, CA 95020 and Redwood Apartments - 9005 Kern Avenue, Gilroy, CA 95020 Named Insured Includes: Eden Housing Management, Inc., Eden Redwoods LLC and Wheeler Manor LLC, and Redwoods Wheeler, L.P. Certificate Holder is included as Additional Insured per attached endorsement. CERTIFICATE HOLDER CANCFLLATICIN SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN The City of Gilroy and its Mayor and City Council, Agents, ACCORDANCE WITH THE POLICY PROVISIONS. Officers and Employees AUTHORIZED REPRESENTATIVE 7351 Rosanna St Gilroy CA 95020 I 01988-2015 ACORD CORPORATION. All rights reserved. ACORD 25 (2016/03) The ACORD name and logo are registered marks of ACORD 2' of 25 1553 POLICY NUMBER: 202171565GL COMMERCIAL GENERAL LIABILITY CG 20 18 04 13 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. ADDITIONAL ENSURED - MORTGAGEE, ASSIGNEE OR RECEIVER This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART SCHEDULE Name Of Persons Or Organization(s) Designation Of Premises Any person or organization acting as mortgagee, assignee, or receiver with respect to locations scheduled on the policy. Information required to complete this Schedule, if not shown above, will be shown in the Declarations. A. Section II — Who Is An Insured is amended to include as an additional insured the person(s) or organization(s) shown in the Schedule, but only with respect to their liability as mortgagee, assignee, or receiver and arising out of the ownership, maintenance, or use of the premises by you and shown in the Schedule. However: 1. The insurance afforded to such additional insured only applies to the extent permitted by law; and 2. If coverage provided to the additional insured is required by a contract or agreement, the insurance afforded to such additional insured will not be broader than that which you are required by the contract or agreement to provide for such additional insured. B. This insurance does not apply to structural alterations, new construction and demolition operations performed by or for that person or organization. C. With respect to the insurance afforded to these additional insureds, the following is added to Section III — Limits Of Insurance: If coverage provided to the additional insured is required by a contract or agreement, the most we will pay on behalf of the additional insured is the amount of insurance: 1. Required by the contract or agreement; or 2. Available under the applicable Limits of Insurance shown in the Declarations; whichever is less. This endorsement shall not increase the applicable Limits of Insurance shown in the Declarations. CG 20 18 0413 O Insurance Services Office, Inc., 2012 Page 1 of 1 3' of 25 1553 DATE (MMIDDNYYY) ACOR& CERTIFICATE OF LIABILITY INSURANCE 1/4/2022 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(les) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder In lieu of such endorsements . PRODUCER CONTACT NAME: Mike Blach Arthur J. Gallagher & Co. Insurance Brokers of CA. PHONE -- -- Fax 595 Market Street, Suite 2100 - 415-536-4011 (A/C.No): San Francisco CA 94105 ADDREss: Mike_Blach@ajg.com INSURERS AFFORDING COVERAGE ; NAIC A License#: 0726293 INSURER A: Nonprofits' Insurance Alliance of CA INSURED EDENHOU-02 INSURERB: Everest Premier Insurance Cmpa ony 16045 Eden Housing, Inc. INSURER C : ALLIED WORLD NATL ASSUR CO 10690 22645 Grand Street - - -- - -- -- Hayward, CA 94541 INSURER D : COVERAGES CERTIFICATE NUMBER:51n199R5R REVISION NUMBER - THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. j + LYR TYPE OF INSURANCE AN DL SWVD - POLICY NUMBER MMOluDg YYYY t MILDI DNYYY i - - - LIMITS A X COMMERCIAL GENERAL LIABILITY 2021-71565-GL 12/31/2021 j 12131/2022 EACH OCCURRENCE f $1.000,000 X CLAIMS -MADE s OCCUR PREMISES (Ea occurrence) $ 500,000 - MED EXP (Any one person) $ 20,000 -_-_ X Deductible - NI PERSONAL & ADV INJURY i 1 000 000 GEN'L AGGREGATE LIMIT APPLIES PER: GENERAL AGGREGATE s 3,000,000 POLICY (- - - PRO- �X JECT LOG i PRODUCTS COMPIOP AGG I $ 3,000 000 - — OTHER: $ A AUTOMOBILE LIABILITY 202171565 12/31/2021 12/31/2022 COMBINEDEt) SINGLE LIMIT $1.000,000 ANY AUTO BODILY INJURY (Per person) $ OWNED SCHEDULED ONLY �' AUTOS BODILY INJURY (Per accident) $ X ,HIREDAUTOS � X _ -_ --- - - - I PROPERTY DAMAGE $ AUTOS ONLY AUTOS ONLY J—� Per accident --- _ .. _ l .. X {UMBRELLA LIAR I X OCCUR 202171565UMR 12/31/2021 12J31/2022 � EACHOCCURRENCE ; $20,000,000 EXCESS LIAR CLAIMS MADE 03093725 12/31/2021 12/31/2022 _ AGGREGATE $ 20,000,000 T - —v - -- i DED 7—RETENTIONS i $ B WORKERS COMPENSATION CA10001726221 1/8/2022 1/8/2023X STATUTE-1-_-1R AND EMPLOYERS' LIABILITY ' Y / N ANYPROPRIETOFVPARTNERlEXECUTIVE E.L. EACH ACCIDENT $ 1,000,000 OFFICERWEMBEREXCLUDED? NIA ---.__._------------ -_-_ _ -- -----_._-- - (Mandatory In NH) E.L. DISEASE - EA EMPLOYEE$ 1.000,000 - -- - - If yes, describe under ` --�v "�- - - li, DESCRIPTION OF OPERATIONS below E.L. DISEASE • POLICY LIMIT $ 1,000,000 I i I DESCRIPTION OF OPERATIONS I LOCATIONS / VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached It more space is required) Project Name: Wheeler Manor and Redwood Apartments Project Address: Wheeler Manor - 651 Sixth Street & 650 W. 5th St; 7455 Carmel St., Gilroy, CA 95020 and Redwood Apartments - 9005 Kern Avenue, Gilroy, CA 95020 Named Insured Includes: Eden Housing Management, Inc., Eden Redwoods LLC and Wheeler Manor LLC, and Redwoods Wheeler, L.P. Certificate Holder is included as Additional Insured per attached endorsement. CERTIFICATE HOLDER rAnlr_t=1 I ATInN SHOULD ANY OF THE ABOVE DESCRIBED POUCIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN The City of Gilroy and its Mayor and City Council, Agents, ACCORDANCE WITH THE POLICY PROVISIONS. Officers and Employees AUTHORIZED REPRESENTATIVE 7351 Rosanna St Gilroy CA 95020 , .t , �;io + I 01988-2015 ACORD CORPORATION. All rights reserved. ACORD 25 (2016/03) The ACORD name and logo are registered marks of ACORD 4- of 25 1553 POLICY NUMBER: 202171565GL COMMERCIAL GENERAL LIABILITY CG20261219 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. ADDITIONAL ltVSIJFtED -DESIGNATED PERSON OR ORGANIZATION This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART SCHEDULE Name Of Additional Insured Person(s) Or Organization(s): Any person or organization that you are required to add as an additional insured on this policy, under a written contract or agreement currently in effect, or becoming effective during the term of this policy. The additional insured status will not be afforded with respect to liability arising out of or related to your activities as a real estate manager for that person or organization. Information required to complete this Schedule, if not shown above, will be shown in the Declarations. A. Section II — Who Is An Insured is amended to include as an additional insured the person(s) or organization(s) shown in the Schedule, but only with respect to liability for "bodily injury", "property damage" or "personal and advertising injury" caused, in whole or in part, by your acts or omissions or the acts or omissions of those acting on your behalf: 1. In the performance of your ongoing operations; or 2. In connection with your premises owned by or rented to you. However: 1. The insurance afforded to such additional insured only applies to the extent permitted by law; and 2. If coverage provided to the additional insured is required by a contract or agreement, the insurance afforded to such additional insured will not be broader than that which you are required by the contract or agreement to provide for such additional insured. B. With respect to the insurance afforded to these additional insureds, the following is added to Section III — Limits Of Insurance: If coverage provided to the additional insured is required by a contract or agreement, the most we will pay on behalf of the additional insured is the amount of insurance: 1. Required by the contract or agreement; or 2. Available under the applicable limits of insurance; whichever is less. This endorsement shall not increase the applicable limits of insurance. CG20261219 © Insurance Services Office, Inc., 2018 Page 1 of 1 5' of 25 1553 DATE (MMiDDNYYY) ,4��R[�® CERTIFICATE OF LIABILITY INSURANCE 1/4i2022 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder In lieu of such endorsement(s). PRODUCER CONTACT NAME: Mike Blach _ Arthur J. Gallagher & Co. Insurance Brokers of CA. PHONE a15-536-4011 i _ ac No 595 Market Street, Suite 2100 E-MAIL San Francisco CA 94105 ADDRESS: Mike_Blach@ajg.com INSURER(S) AFFORDING COVERAGE - —NAIC License#: 0726293 INSURER A: Nonprofits' Insurance Alliance of CA INSURED EDENHOU-02 INSURER B : Everest Premier Insurance Company 16045 Eden Housing, Inc. INSURER C : ALLIED WORLD NAIL ASSUR CO 10690 22645 Grand Street -- - --- - — Hayward, CA 94541 INSURER D : Philadephia Indemnity Insurance Company 18058 INSURER E : INSURER F : COVERAGES CERTIFICATE NUMRER: AA?17R5F9 REVISION NtiMRER- THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSRl - -- - - _ - _ _ ADOL SUAR - - - -- - - _ .; -.. _. _ . TYPE OF INSURANCE ! j 1 POLICY EFF POLICY EXP 1 LIMITS LTR i � INSD � wVD I POLICY NUMBER MMlDDlYYYY MIIA/D lYYY A X COMMERCIAL GENERAL LIABILITY 2021.71565-GL 12131/2021 12131/2022 EACH OCCURRENCE ; $1.000.000 CLAIMS•MADE X OCCUR _ A AGE TO RENTED PREMISES (Ea occurrence ; $ 500.000 -_---.. __ - -- ___----. - ----- ` MED EXP (Any one person) s20,_000 X Deductible -NIL PERSONAL & ADV INJURY ; $ 1.000.000 GEN'L AGGREGATE LIMIT APPLIES PER: I GENERAL AGGREGATE 1 $ 3,000,000 `. 'Pao• �-, ' POLICY i X ; LOC I ----------------------- ... ,-- ---------- -- -- j PRODUCTS COMPiOP AGG ' 3.000,000 - JECT - $ - OTHER: ! $ A AUTOMOBILE LIABILITY 202171565 12/31/2021 12131/2022 COMBINEDSINGLEOMIT $1,000,000 ANY AUTO BODILY INJURY (Per person) $ OWNED SCHEDULED _ AUTOS ONLY AUTOS BODILY INJURY (Per accident) $ X HIRED X NON -OWNED i PROPERTY DAMAGE $ AUTOS ONLY AUTOS ONLY f _Per accidanJ { A X UMBRELLA LIAR OCCUR t X 565UM B 12/3112021 12/3112022 EACH OCCURRENCE $ 20.000,000 C —` Excess ua6 CLAIMS MADE 03093 03093725 ` 12/3112021 12/3112022 --- AGGREGATE - --- - $ 20,000,000 DEO ; RETENTION $ I I $ B WORKERS COMPENSATION CA10001726221 ' 0T_ 1 /812022 1 /612023 X STATUTE EERH LIABILITY Y / INPER AND EMPLOYERSP IABILI - ANYPROPRIETOR; VEXECUTIVE N i A � ; E.L. EACH ACCIDENT $ 1,000.000 � OFFICER.MEMBEREXCLUDED. (Mandatory In NH) .-----------._-____.__ _ E L. DISEASE EA EMPLOYEEII -.-.-- _ $1,000,000 II yes, describe under DESCRIPTION OF OPERATIONS below - -1- E.L. DISEASE • POLICY LIMIT - - j $ 1.000.000 D Professional Liability PHSD1674297 i 12131/2021 12/31/2022 LIMIT i I $1,000,000 DESCRIPTION OF OPERATIONS i LOCATIONS VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached If more space is requlred) Project Name: Wheeler Manor and Redwood Apartments Project Address: Wheeler Manor - 651 Sixth Street & 650 W. 5th St; 7455 Carmel St., Gilroy, CA 95020 and Redwood Apartments - 9005 Kern Avenue, Gilroy, CA 95020 Named Insured Includes: Eden Housing Management, Inc., Eden Redwoods LLC and Wheeler Manor LLC, and Redwoods Wheeler, L.P. Certificate Holder is included as Additional Insured per attached endorsement. CERTIFICATE HOLDER C_ANC_FI I AT1nhl SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN The City of Gilroy and its Mayor and City Council, Agents, Officers and Employees ACCORDANCE WITH THE POLICY PROVISIONS. AUTHORIZED REPRESENTATIVE 7351 Rosanna St Gilroy CA 95020 , I 01988-2015 ACORD CORPORATION. All rights reserved. ACORD 25 (2016/03) The ACORD name and logo are registered marks of ACORD 6' of 25 1553 POLICY NUMBER: 202171565GL COMMERCIAL GENERAL LIABILITY CG20261219 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. ADDITIONAL INSURED -DESIGNATED PERSON OR ORGANIZATION This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART SCHEDULE Name Of Additional Insured Person(s) Or Organization(s): Any person or organization that you are required to add as an additional insured on this policy, under a written contract or agreement currently in effect, or becoming effective during the term of this policy. The additional insured status will not be afforded with respect to liability arising out of or related to your activities as a real estate manager for that person or organization. I Information required to complete this Schedule, if not shown above, will be shown in the Declarations. A. Section II — Who Is An Insured is amended to include as an additional insured the person(s) or organization(s) shown in the Schedule, but only with respect to liability for "bodily injury", "property damage" or "personal and advertising injury" caused, in whole or in part, by your acts or omissions or the acts or omissions of those acting on your behalf: 1. In the performance of your ongoing operations; or 2. In connection with your premises owned by or rented to you. However: 1. The insurance afforded to such additional insured only applies to the extent permitted by law; and 2. If coverage provided to the additional insured is required by a contract or agreement, the insurance afforded to such additional insured will not be broader than that which you are required by the contract or agreement to provide for such additional insured. B. With respect to the insurance afforded to these additional insureds, the following is added to Section III — Limits Of Insurance: If coverage provided to the additional insured is required by a contract or agreement, the most we will pay on behalf of the additional insured is the amount of insurance: 1. Required by the contract or agreement; or 2. Available under the applicable limits of insurance; whichever is less. This endorsement shall not increase the applicable limits of insurance. CG20261219 © Insurance Services Office, Inc., 2018 Page 1 of 1 7' of 25 1553 ��ORLl� TE O F DATE (MMrDD/YYYY) CERTIFICATE LIABILITY INSURANCE 1i4n022 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder In lieu of such endorsements . PRODUCER CONTACT NAME: Mike Blach _ - Arthur J. Gallagher & Co. Insurance Brokers of CA. PHONE -"" --- — -- Fax ---- - 595 Market Street, Suite 2100 . 415-536-4011 ac No): San Francisco CA 94105 E-MAIL Mike Blach(daia.com INSURED Eden Housing, Inc. 22645 Grand Street Hayward, CA 94541 INSURER(S) AFFORDING COVERAGE _ - _ NAIC 0 Licensek 0726293 INSURER A: Non rafts' Insurance Alliance of CA EDENHOU 02 INSURER B : Everest Premier Insurance Company -- - 16045 INSURER C : ALLIED WORLD NATL ASSUR CO 10690 INSURER D : INSURER E : INSURER F : COVFRO[.FR CFRTIFIr'ATP RIIIRARI=R• InonSA'JAon 0c%1101^ 1 A111eAQC01. THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. UJSR T- ADaL SUBR1 r - - LTR TYPE OF INSURANCE INSD ! WV I POLICY NUMBER MKT)DIYYYY POLICY A'DI DIYYYP r LIMITS A `! COMMERCIAL GENERAL LIABILITY 2021-71565-GL 12/31/2021 12/31/2022 EACH OCCURRENCE ; $1,000.000 CLAIMS MADE X OCCUR I l f 500,000 - - PREMISES -(Ea occurrence)_ $ I -- ---------__---- �- MED EXP (Any one person)- $ 20,000 - - - X Deductible - NIL PERSONAL 8 ADV INJURY $ 1.000.000 GEN'L AGGREGATE LIMIT APPLIES PER: GENERAL AGGREGATE s 3,000,000 111 PRO - POLICY I JECT L X I LOC 1 PRODUCTS - COMP.iOP AGG $ 3,000,000 OTHER: $ A AUTOMOBILE LIABILITY 202171565 12_�- /31/2021 12131/2022 qa aggcN-eDtSINGLE LIMIT --- -fi $ 1.000.000 ANY AUTO BODILY INJURY (Per person) t $ OWNED - - SCHEDULED BODILY INJURY (Per accident) i - ; $ HUTODS ONLY X AUTOS i NON -OWNED PROPERTY DAMAGE 'AUTOS --___-- s ONLY �X AUTOS ONLY (Per accident) i �$ A c X UMBRELLA LIAR X OCCUR 202171565UMB 12/31/2021 12/3112022 EACHOCCURRENCE $ 20.000,000 EXCESS LIAB I CLAIMS -MADE ii 03093725 12/31/2021 12131/2022 -_- I --"i AGGREGATE I A - - --- $20,000,000 DED RETENTION $ ! $ IONILIT B AND KERS EMPLOYERS' AND EMPLOYERS' LIABILITY LIABILITY CA10001726221 1/812022 1/8/2023 X ! ST.ATUTE-__ ERH 1 IN : ANYPROPRIETOR;PARTNERIEXECUTIVE E.L. EACH ACCIDENT $ 1,000,000 OFFICE RMEMBEREXCLUDED? N i A (Mandatory In NH) . -.- _ E.L. DISEASE _-_ 1.000,000 It yes. describe under " EA EMPLOYEE -- - $ -- DESCRIPTION OF OPERATIONS below E.L. DISEASE POLICY LIMIT $ 1,000,000 i I 1 DESCRIPTION OF OPERATIONS I LOCATIONS VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached If more apace is required) Project Name: Wheeler Manor and Redwood Apartments Project Address: Wheeler Manor - 651 Sixth Street & 650 W. 5th St; 7455 Carmel St-, Gilroy, CA 95020 and Redwood Apartments - 9005 Kern Avenue, Gilroy, CA 95020 Named Insured Includes: Eden Redwoods LLC and Wheeler Manor LLC, and Redwoods Wheeler, L.P. Certificate Holder is included as Additional Insured per attached endorsement, t r.K I IrIt;A I t MULULK CANCELLATION The City of Gilroy and its Mayor and City Council, Agents, Officers and Employees 7351 Rosanna St Gilroy CA 95020 SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. AUTHORIZED REPRESENTATIVE 01988-2015 ACORD CORPORATION. All rights reserved. ACORD 25 (2016/03) The ACORD name and logo are registered marks of ACORD 8' of 25 1553 POLICY NUMBER: 202171565GL COMMERCIAL GENERAL LIABILITY CG 2018 0413 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. ADDITIONAL INSURED - IVIORTGAGEE, ASSIGNEE OR RECEIVER This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART SCHEDULE Name Of Persons Or Organization(s) Designation Of Premises Any person or organization acting as mortgagee, assignee, or receiver with respect to locations scheduled on the policy. Information required to complete this Schedule, if not shown above, will be shown in the Declarations. A. Section II — Who Is An Insured is amended to C. With respect to the insurance afforded to these include as an additional insured the person(s) or additional insureds, the following is added to organization(s) shown in the Schedule, but only Section III — Limits Of Insurance: with respect to their liability as mortgagee, If coverage provided to the additional insured is assignee, or receiver and arising out of the required by a contract or agreement, the most we ownership, maintenance, or use of the premises will pay on behalf of the additional insured is the by you and shown in the Schedule. amount of insurance: However: 1. Required by the contract or agreement; or 1. The insurance afforded to such additional 2. Available under the applicable Limits of insured only applies to the extent permitted by Insurance shown in the Declarations; law; and whichever is less. 2. If coverage provided to the additional insured is This endorsement shall not increase the required by a contract or agreement, the applicable Limits of Insurance shown in the insurance afforded to such additional insured Declarations. will not be broader than that which you are required by the contract or agreement to provide for such additional insured. B. This insurance does not apply to structural alterations, new construction and demolition operations performed by or for that person or organization. CG20180413 © Insurance Services Office, Inc., 2012 Page 1 of 1 9' of 25 1553 DATE (MMIDDIYYYY) CERTIFICATE OF LIABILITY INSURANCE 1/4/2022 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder Is an ADDITIONAL INSURED, the poiicy(ies) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder In lieu of such endorsements . PRODUCER NAME -CONTACT Mike Blach Arthur J. Gallagher & Co. Insurance Brokers of CA. PHONE - - - - - }— 1=Ax - -- _ 595 Market Street, Suite 2100 . 415-536-4011 A/C No): San Francisco CA 94105 ADDRESS. Mike Blach@ g.com INSURED -------_-- Eden Housing, Inc. 22645 Grand Street Hayward, CA 94541 INSURER(S) AFFORDING COVERAGE W NAIC 1! — --- 4 -- __L_ice_nse#: 0726293 INSURER A: Philadelphia Indemnity Insurance Company18058 EOEniiiou oz INSURER e : Tokio Marine Sp �eclat !Ins Co 23850 - INSURER C: Nonprofits' Insurance Alliance of CA INSURER D : Everest Premier Insurance Company 16045 INSURER E: ALLIED WORLD NATL ASSUR CO 10690 INSURER F COVERAGES CERTIFICATE Nl1MRFR- 1194dR7R3'7 RFVIRInN NIIMRFR- THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR': - -'ADDL SUBR' _ ....... cc - 7.. _ - LTR TYPE OF INSURANCE I 0 I YND POLICY NUMBER IVPAMIV YYYF ' MJD 1yYYY 1 LIMITS C X ' COMMERCIAL GENERAL LIABILITY ! 2021-71565-GL 1213112021 ! 12/31/2022 EACH OCCURRENCE I $1.000,000 CLAIMS � TO R Er PREP SES t 500,000 -MADE OCCUR Ea ocaonce $ r- --._-__.__- — r - f - MED EXP (Any one person) $ 20.000 X -Deductible---NIL ----- ; ' PERSONADV INJURY f L & A - - - - I $_1.000.000 GEN'L AGGREGATE LIMIT APPLIES PER: GENERAL AGGREGATE 3,0- 0-0,000 - $ - - PRO - _ POLICY X PRODUCTS - COMP/OP AGG $3,000 000;JECT I OTHER: $ C AUTOMOBILE LIABILITY { 202171565 12/3112021 ! 12/31/2022 COMBtNEDSINGLELIMIT Ea acadant)- $1,000.000 ANY AUTO BODILY INJURY (Per person) $ OWNED ,SCHEDULED BODILY INJURY (Per accident)1 AUTOS $ ONLY AUTOS _ X HIRED X NON -OWNED PROPERTY DAMAGE - 5 - AUTOS ONLY L� AUTOS ONLY {Per accidents 4 c X I UMBRELLA LIAB j X i OCCUR 202171565UMB 12/3112021 12/31/2022 'EACH OCCURRENCE $ 20.000,000 E ' EXCESS UAB 11; CLAIMS MADE 03093725 12131 /2021 12/31 /2022 -- - AGGREGATE - $ 20.000 000 ! I ( DED I RETENTION $ $ p WORKERS COMPENSATION CA10001726221 118/2022 11812023 O H STATUTE ER AND EMPLOYERS LIABILITY y / N I ANYPROPRIETORIPARTNER/EXECUI IVE � I N I A — I E.L.EACH ACCIDENT — -- -- - - $1.000,000 � OFFICERIMEMBEREXCLUDED? (Mandatory In NH) li i , E L. DISEASE EA EMPLOYEE $ 1.000.000 11 yes, describe under _ - -1 -- --- -- - DESCRIPTION OF OPERATIONS below E.L. DISEASE - POLICY LIMIT ; $ 1,000,000 A Crime PHSD1681484 12/31/2021 12/31/2022 LIMIT $1,000,000 B Directors & Officers PSD1661211 9/13/2021 9/13/2022 LIMIT $5.000.000 DESCRIPTION OF OPERATIONS I LOCATIONS I VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached It more space Is required) Project Name: Wheeler Manor and Redwood Apartments Project Address: Wheeler Manor - 651 Sixth Street & 650 W. 5th St; 7455 Carmel St., Gilroy, CA 95020 and Redwood Apartments - 9005 Kern Avenue, Gilroy, CA 95020 Named Insured Includes: Eden Redwoods LLC and Wheeler Manor LLC, and Redwoods Wheeler, L.P. Certificate Holder is included as Additional Insured per attached endorsement. CFRTIFICATF Hni nFR rANnRi I ATInM SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN The City of Gilroy and its Mayor and City Council, Agents, ACCORDANCE WITH THE POLICY PROVISIONS. Officers and Employees AUTHORIZED REPRESENTATIVE 7351 Rosanna St Gilroy CA 95020 f , I © 1988-2015 ACORD CORPORATION. All rights reserved. ACORD 25 (2016103) The ACORD name and logo are registered marks of ACORD 10' 0 25 1553 POLICY NUMBER: 202171565GL COMMERCIAL GENERAL LIABILITY CG20261219 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. ADDITIONAL INSURED -DESIGNATED PERSON OR ORGANIZATION This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART SCHEDULE Name Of Additional Insured Person(s) Or Organization(s): Any person or organization that you are required to add as an additional insured on this policy, under a written contract or agreement currently in effect, or becoming effective during the term of this policy. The additional insured status will not be afforded with respect to liability arising out of or related to your activities as a real estate manager for that person or organization. I Information required to complete this Schedule, if not shown above, will be shown in the Declarations. A. Section II — Who Is An Insured is amended to include as an additional insured the person(s) or organization(s) shown in the Schedule, but only with respect to liability for "bodily injury", "property damage" or "personal and advertising injury" caused, in whole or in part, by your acts or omissions or the acts or omissions of those acting on your behalf: 1. In the performance of your ongoing operations; or 2. In connection with your premises owned by or rented to you. However: 1. The insurance afforded to such additional insured only applies to the extent permitted by law; and 2. If coverage provided to the additional insured is required by a contract or agreement, the insurance afforded to such additional insured will not be broader than that which you are required by the contract or agreement to provide for such additional insured. B. With respect to the insurance afforded to these additional insureds, the following is added to Section III — Limits Of Insurance: If coverage provided to the additional insured is required by a contract or agreement, the most we will pay on behalf of the additional insured is the amount of insurance: 1. Required by the contract or agreement; or 2. Available under the applicable limits of insurance; whichever is less. This endorsement shall not applicable limits of insurance. increase the CG 20 26 1219 C Insurance Services Office, Inc., 2018 Page 1 of 1 11' of 25 1553 ACC)Rb® CERTIFICATE OF LIABILITY INSURANCE DATE (M1�aM�DD/YYYY) MiDDN THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder Is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder In lieu of such endorsements . PRODUCER NAME: CONTACT Mike Blach Arthur J. Gallagher & Co. Insurance Brokers of CA. PHONE 415-536-4011 :FAX o 595 Market Street, Suite 2100 E-MAIL San Francisco CA 94105 ADDRESS: Mike-_BlachO-ajg.com INSURED Eden Housing, Inc. 22645 Grand Street Hayward, CA 94541 INSURERS) AFFORDING COVERAGE NAIC 0 License#: 0726293 INSURER A: Nonprofits' Insurance Alliance of CA EDENHOU•02 INSURER B : Everest Premier Insurance Company 16045 INSURER C : ALLIED WORLD NATL ASSUR CO 10690 INSURER D : Phil adelphia_lndemnity Insurance Company - - -18058 INSURER E : INSURER F : COVERAGES CERTIFICATE NUMRFR- 19647357AA RFVISInN NIIMRFR- THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. rAOOLTSU$RT, - - _ - -. - -- -- -POLICY EFF POLICY EXP .T_ - - - ---- LTR : TYPE OF INSURANCE IN D ! WVD I POLICY NUMBER MMIDDrYYYY I MMIDDNYYY 1 LIMITS A X i COMMERCIAL GENERAL LIABILITY j 2021-71565-GL 12131r2021 12/31/2022 EACH OCCURRENCE ; $1,000.000 X ' CLAIMS -MADE OCCUR ! I D_�f:_T P[5RTE b ... 500,000 i I PREMISES Ea occurrence $ MED EXP (Any one person) $ 20.000 X Deductible - NIL PERSONAL & ADV INJURY $ 1.000.000 GEN'L AGGREGATE LIMIT APPLIES PER: GENERAL AGGREGATE $ 3,000,000 7 PRO - POLICY ; } JECT X LOC � ----- - ---- - - - - - - . _ - PRODUCTS - COMPIOP AGGi$ 3.000,000� _ OTHER: I j $ A AUTOMOBILE LIABILITY ; 202171 S65 - , 12l3112021 12131l2022 COMBINED SINGLE LIMIT Ea accident $1.000,000 - - ANY AUTO BODILY INJURY (Per person) ' $ OWNED i SCHEDULED AUTOS ONLY !j AUTOS BODILY INJURY ;Per accident) , $ _ X HIRED X j NON -OWNED PROPERTY DAMAGE $ AUTOS ONLY AUTOS ONLY Per accident $ A X UMBRELLA LIAR I X OCCUR � 1—�: 202171565UMB 12/31/2021 12/3112022 EACH OCCURRENCE j $ 20.000,000 c EXCESS LIAR 3 MADE � 03093725 12/31/2021 1 12/31/2022 - — I I CLAIMS - - -' AGGREGATE $ 20,000,000 DED I RETENTION $ I $ B WORKERS COMPENSATION CA1 000 1726221 118/2022 1l812023 %� I STATUTE 1 OTRH• ) AND EMPLOYERS' LIABILITY Y / N - `�" ---- --- , -- -- - - --- ANYPROPRIETOR,'PARTNERIEXECUTIVE �OFFICER,MEMBEREXCLUDED. IA A L E.. EACH ACCIDENT $ 1,000.000 IN i I (Mandatory In NH) E.L. DISEASE EA EMPLOYEEi $1.000,000 - --- - - II yes, describe under DESCRIPTION OF OPERATIONS below E.L. DISEASE • POLICY LIMIT $ 1.000,000 D Professional Liability PHS01674297 I 12/312021 12/31/2022 LIMIT $1,000,000 I I i G DESCRIPTION OF OPERATIONS I LOCATIONS r VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached it more space Is required) Project Name: Wheeler Manor and Redwood Apartments Project Address: Wheeler Manor - 651 Sixth Street & 650 W. 5th St; 7455 Carmel St., Gilroy, CA 95020 and Redwood Apartments - 9005 Kern Avenue, Gilroy, CA 95020 Named Insured Includes: Eden Housing Management, Inc., Eden Redwoods LLC and Wheeler Manor LLC, and Redwoods Wheeler, L.P. Certificate Holder is included as Additional Insured per attached endorsement. CERTIFICATE HOLDER f_ANr_FI I AnnN SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN The City of Gilroy and its Mayor and City Council, Agents, ACCORDANCE WITH THE POLICY PROVISIONS. Officers and Employees AUTHORIZED REPRESENTATIVE 7351 Rosanna St Gilroy CA 95020 1 , ©1988-2015 ACORD CORPORATION. All rights reserved. ACORD 25 (2016/03) The ACORD name and logo are registered marks of ACORD 12' of 25 1553 POLICY NUMBER: 202171565GL COMMERCIAL GENERAL LIABILITY CG20180413 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. ADDITIONAL INSURED - IVIORTGAGEE, ASSIGNEE OR RECEIVER This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART SCHEDULE Name Of Persons Or Organization(s) Designation Of Premises Any person or organization acting as mortgagee, assignee, or receiver with respect to locations scheduled on the policy. Information required to complete this Schedule, if not shown above, will be shown in the Declarations. A. Section II — Who Is An Insured is amended to include as an additional insured the person(s) or organization(s) shown in the Schedule, but only with respect to their liability as mortgagee, assignee, or receiver and arising out of the ownership, maintenance, or use of the premises by you and shown in the Schedule. However: 1. The insurance afforded to such additional insured only applies to the extent permitted by law; and 2. If coverage provided to the additional insured is required by a contract or agreement, the insurance afforded to such additional insured will not be broader than that which you are required by the contract or agreement to provide for such additional insured. B. This insurance does not apply to structural alterations, new construction and demolition operations performed by or for that person or organization. C. With respect to the insurance afforded to these additional insureds, the following is added to Section III — Limits Of Insurance: If coverage provided to the additional insured is required by a contract or agreement, the most we will pay on behalf of the additional insured is the amount of insurance: 1. Required by the contract or agreement; or 2. Available under the applicable Limits of Insurance shown in the Declarations; whichever is less. This endorsement shall not increase the applicable Limits of Insurance shown in the Declarations. CG20180413 © Insurance Services Office, Inc., 2012 Page 1 of 1 13' of 25 1553 AC �® DATE (MMiDDlYYYY) CO CERTIFICATE OF LIABILITY INSURANCE 1/412022 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder In lieu of such endorsement(s). PRODUCER NAME: C Mike Blach Arthur J. Gallagher & Co. Insurance Brokers of CA. PHONE ---- -- - — -- FAX -- 595 Market Street, Suite 2100 • 415-536-4011 A,c Noll: E-MAIL San Francisco CA 94105 ADDRESS: Mike Blachl(daic.com INSURER( ) AFFORDING COVERAGE— - i NAIC 0 License#;_ 0726293 INSURER A: Philadelphia Indemnity Insurance Company 18058 INSURED EOENHOU-02 INSURER B : Tokio Marine Specialty Ins Co �—i 23850 Eden Housing, Inc. - --- 22645 Grand Street INSURER C: NopprofilS Insurance Alliance of CA _ Hayward, CA 94541 INSURERD: Everest Premier Insurance Company_ __ 16045 INSURER E: ALLIED WORLD NATL ASSUR CO 10690 INSURER F : COVERAGES CERTIFICOTF NIIMRFR- 1777n11onA RFVlQlnhl NIIMRFR- THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. - -- - - . _ ---- - -- _-- - INSR, ;ADDUSUBR'-_ _. -_ _ _._ -- - . _ . "T -POLICY EFF i POLI�Y EX- _. ._ LTR TYPE OF INSURANCE D' Wvy POLICY NUMBER MMIDDIYYYY MMID /YYY LIMITS C X :' COMMERCIAL GENERAL LIABILITY 2021-71565-GL 12/31/2021 12/3112022 EACH OCCURRENCE $ 1.000.000 `DAMAGE TO EATER $ 500.000 X. CLAIMS IdADE OCCUR PREMISES (Ea occurrence) MED EXP (Any one person) i $ 20.000 X Deductible - NIL PERSONAL & ADV INJURY $ 1.000.000 GEN'L AGGREGATE LIMIT APPLIES PER: GENERAL AGGREGATE $ 3,000,000 f POLICY PRO . X LOC PRODUCTS - COMPlOP AGG $ 3.000,000 OTHER: C AUTOMOBILE LIABILITY 202171565 12/31/2021 12131/2022 COMBINED SINGLE LIMIT Ea accident $1,000,000 ANY AUTO-- BODILY INJURY (Per person) $ OWNED SCHEDULED — ---- — AUTOS ONLY 1AUTOS BODILY INJURY (Por accident) r- - $ HIRED X ----- .- X NON -OWNED PROPERTY DAMAGE - - - - --- - - - $ I AUTOS ONLY I ;AUTOS ONLY LPer accident) C X UMBRELLA LIAB X I i�a OCCUR 202171565UMB 12/3112021 12/31/2022 EACH OCCURRENCE $20,000,000 E -_� EXCESS LIAR CLAIMS -MADE 03093725 12/3112021 12/31/2022 AGGREGATE s 20,000,000 -71 DED RETENTION $ ! $ D WORKERS COMPENSATION f CA10001726221 1/8/2022 1/6/2023 �X OTH• STATUTE_;__ AND EMPLOYERS' LIABILITY YIN t — ; _E_R - ANYPROPRIETORIPARTNER,EXECUTIVE ' E.L. EACH ACCIDENT $ 1,000,000 IiOFFICERWEMBEREXCLUDED? NSA (Mandatory In NH) 111 yes, describe under ; E L. DISEASE - EA EMPLOYEE1 — -- - $1,000.000 - - - DESCRIPTION OF OPERATIONS below E.L. DISEASE • POLICY LIMIT i $ 1,000.000 A' Crime PHSD1681484 12/31/2021 12/3112022 LIMIT $1,000,000 e D+rectors 8 Officers PSD1660283 9/13/2021 1 9/13/2022 LIMIT $5.000,000 j DESCRIPTION OF OPERATIONS LOCATIONS VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached It more space Is required) Project Name: Wheeler Manor and Redwood Apartments Project Address: Wheeler Manor - 651 Sixth Street & 650 W. 5th St; 7455 Carmel St., Gilroy, CA 95020 and Redwood Apartments - 9005 Kern Avenue, Gilroy, CA 95020 Named Insured Includes: Eden Redwoods LLC and Wheeler Manor LLC, and Redwoods Wheeler, L.P. Certificate Holder is included as Additional Insured per attached endorsement. CERTIFICATE HOLDER CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN The City of Gilroy and its Mayor and City Council, Agents, ACCORDANCE WITH THE POLICY PROVISIONS. Officers and Employees 7351 Rosanna St AUTHORIZED REPRESENTATIVE Gilroy CA 95020 , . 01988-2015 ACORD CORPORATION. All rights reserved. ACORD 25 (2016/03) The ACORD name and logo are registered marks of ACORD 14• of 25 1553 POLICY NUMBER: 202171565GL COMMERCIAL GENERAL LIABILITY CG20180413 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. ADDITIONAL INSURED - MORiGAGEE, ASSIGNEE OR RECEIVER This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART SCHEDULE I Name Of Person(s) Or Organization(s) I Desiqnation Of Premises Any person or organization acting as mortgagee, assignee, or receiver with respect to locations scheduled on the policy. I Information required to complete this Schedule, if not shown above, will be shown in the Declarations. A. Section II — Who Is An Insured is amended to include as an additional insured the person(s) or organization(s) shown in the Schedule, but only with respect to their liability as mortgagee, assignee, or receiver and arising out of the ownership, maintenance, or use of the premises by you and shown in the Schedule. However: 1. The insurance afforded to such additional insured only applies to the extent permitted by law; and 2. If coverage provided to the additional insured is required by a contract or agreement, the insurance afforded to such additional insured will not be broader than that which you are required by the contract or agreement to provide for such additional insured. B. This insurance does not apply to structural alterations, new construction and demolition operations performed by or for that person or organization. C. With respect to the insurance afforded to these additional insureds, the following is added to Section III — Limits Of Insurance: If coverage provided to the additional insured is required by a contract or agreement, the most we will pay on behalf of the additional insured is the amount of insurance: 1. Required by the contract or agreement; or 2. Available under the applicable Limits of Insurance shown in the Declarations; whichever is less. This endorsement shall not increase the applicable Limits of Insurance shown in the Declarations. CG 20 18 0413 © Insurance Services Office, Inc., 2012 Page 1 of 1 15' of 25 1553 .a►c D® CERTIFICATE OF LIABILITY INSURANCE DATE(MM�DDIYYYY) �...�� 1 /4/2022 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder In lieu of such endorsements . PRODUCER NAME: Mike Blach Arthur J. Gallagher & Co. Insurance Brokers of CA. PHONE 415-536-4011 - FAx 595 Market Street, Suite 2100 (A/C,No): E-MSan Francisco CA 94105 ADDRIESS: Mike Blach a' .com INSURED Eden Housing, Inc. 22645 Grand Street Hayward, CA 94541 INSURER(S) AFFORDING COVERAGE NAIC # License#: 0726293 INSURER A: Nonprofits' Insurance Alliance of CA EDENHOU-02 INSURER B : Everest Premier Insurance Company - 16045 INSURER C : ALLIED WORLD NATL ASSUR CO 10690 — ---------------- INSURER D : - - - INSURER E : COVERAGES CERTIFIr.ATF NUMBER- 1hiii;ar7c;na RFVICInN NIIMRFR- THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. ADDL POLICY E$UBR - _ _-- .. _ _.-__---- -- --FF- _� T f POLI Y EXP LTR : TYPE OF INSURANCE IN WVD I POLICY NUMBER MWDONYYY MfA'DS/YYYY : LIMITS A X COMMERCIALLIABILITY IER 2021-715S5-GL I 12/31/2021 12/31/2022EACH OCCURRENCE ' 1.000.000 _ X DAMAGE TO RET�TEb - CLAIMS-MADE PREMISES Ea occurrence E 5 a occurrence ce $ 500.000 - - ! MED EXP (Any one person) $ 20,000 _ X Deductible - NIL PERSONAL & ADV INJURY 1$ 0 000 GEN' LAGQREGAT S PER: GENERAL AGGREGATE $ 3,000,000 PRO X — POLICY ; JECT _-_- j LOC I �__-_--,- - - _ I i PRODUCTS COMP/OP AGG $ 3.000.000 OTHER: I $ A AUTOMOBILE LIABILITY 0 1 1 12/31l2021 �, COMBINED SINGLE LIMIT 12/31/2022 Ea acadent -,_-_ -- -- —) I $1,000,000 ANY AUTO BODILY INJURY (Per person) t $ OWNED 1 SCHEDULED , AUTOS ONLY AUTOS BODILY INJURY (Per accident) t $ X HIRED I NON -OWNED X I ' PROPERTY DAMAGE ��--- ---- - ' $ AUTOS ONLY AUTOS ONLY 17ent) I (Per accidr g $ A X 1 UMBRELLA LIAB X OCCUR 202171565UMB 12131/2021 1 12/3112022 ;EACH OCCURRENCE $ 20.000,000 C LEXCESS UAB CLAIMS -MADE I 03093725 ! 12/31 /2021 12/3112022 I j AGGREGATE 1. _ -- - - $20,000,000 V _ � -_ DED I RETENTION $ I I $ B WORKERS COMPENSATION CA10001726221 1 11812022 1/8/2023 ;X i STATUTE ERH AND EMPLOYERS LIABILITY ' YIN N r _ - - -7-- TIVE ANYPROPRIETORIPARTNERIEXECER N ! A E.L. EACH ACCIDENT - 1 $1,000,000 OFFICU MEn NH) EXCLUDED? (Mandatory E L. DISEASE EA EMPLOYEES $1,000,000 11 yes, describe under - f --- - - DESCRIPTION OF OPERATIONS below E.L. DISEASE • POLICY LIMIT $ 1,000,000 I DESCRIPTION OF OPERATIONS ! LOCATIONS I VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached If more space Is required) Project Name: Wheeler Manor and Redwood Apartments Project Address: Wheeler Manor - 651 Sixth Street & 650 W. 5th St; 7455 Carmel St., Gilroy, CA 95020 and Redwood Apartments - 9005 Kern Avenue, Gilroy, CA 95020 Named Insured Includes: Eden Redwoods LLC and Wheeler Manor LLC, and Redwoods Wheeler, L.P. Certificate Holder is included as Additional Insured per attached endorsement. GEHTIFIGATE MOLDER CANCELLATION The City of Gilroy and its Mayor and City Council, Agents, Officers and Employees 7351 Rosanna St Gilroy CA 95020 SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. AUTHORIZED REPRESENTATIVE r j ©1988-2015 ACORD CORPORATION. All rights reserved. ACORD 25 (2016/03) The ACORD name and logo are registered marks of ACORD 16' of 25 1553 POLICY NUMBER: 202171565GL COMMERCIAL GENERAL LIABILITY CG20261219 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. ADDITIONAL INSURED -DESIGNATED PERSON OR ORGANIZATION This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART SCHEDULE Name Of Additional Insured Person(s) Or Organization(s): Any person or organization that you are required to add as an additional insured on this policy, under a written contract or agreement currently in effect, or becoming effective during the term of this policy. The additional insured status will not be afforded with respect to liability arising out of or related to your activities as a real estate manager for that person or organization. I Information required to complete this Schedule, if not shown above, will be shown in the Declarations. A. Section II — Who Is An Insured is amended to include as an additional insured the person(s) or organization(s) shown in the Schedule, but only with respect to liability for "bodily injury", "property damage" or "personal and advertising injury" caused, in whole or in part, by your acts or omissions or the acts or omissions of those acting on your behalf: 1. In the performance of your ongoing operations; or 2. In connection with your premises owned by or rented to you. However: 1. The insurance afforded to such additional insured only applies to the extent permitted by law; and 2. If coverage provided to the additional insured is required by a contract or agreement, the insurance afforded to such additional insured will not be broader than that which you are required by the contract or agreement to provide for such additional insured. B. With respect to the insurance afforded to these additional insureds, the following is added to Section III — Limits Of Insurance: If coverage provided to the additional insured is required by a contract or agreement, the most we will pay on behalf of the additional insured is the amount of insurance: 1. Required by the contract or agreement; or 2. Available under the applicable limits of insurance; whichever is less. This endorsement shall not increase the applicable limits of insurance. CG 20 26 12 19 ©insurance Services Office, Inc., 2018 Page 1 of 1 17' of 25 1553 E OF LIABILITY f CERTIFICATE INSURANCE DATE(MM/DDNYYY) 1/4/2022 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder In lieu of such endorsements). PRODUCER CONTACT NAME: Mike Blach Arthur J. Gallagher & Co. Insurance Brokers of CA. PHONE —- �- - Faz- - - ----�— - 595 Market Street, Suite 2100 . 415-536-4011 A,c Noll- E-MAIL San Francisco CA 94105 DSS: Mike_Blach(@aiq.com INSURED _-�"---_----- Eden Housing, Inc. 22645 Grand Street Hayward, CA 94541 INSURER(S) AFFORDING COVERAGE _ _ NAIC it License#: 0726293 INSURER A: Non rofits' Insurance Alliance of CA -- EDENHou-oz INSURER B : Everest Premier Insurance Company 16045 INSURER C : ALLIED WORLD NATL ASSUR CO 10690 INSURER D : Philadelphia Indemnity Insurance Company 18058 INSURER E : INSURER F : COVFRAC.FA CERTIFICATE MIIMRFR• 1>:t4Rd1SQ7A R9:VICIf'%M AIIItIARF:R- THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR ._. _ - - - - - --jADbLISU13A - - _ _ - - - - 1 -POLICY EFF POLICY- LTR ! TYPE OF INSURANCE I I D WVD I POLICY NUMBER MMJDDlYYYY MMIDDNYYY1 LIMITS A X COMMERCIAL GENERAL LIABILITY ' 2021-71565-GL 12/3112021 ; 12131/2022 EACHOCCURRENCE $1.000.000 I CLAIMS MADE X OCCUR DAMAGE TO RENTED-- -- - - - - J ,_PREMISES Ea occurrence) $ 500,000 MED EXP iAny one person) $ 20,000 - XJ, Deductible - NIL - -- -- - -- - —_ PERSONAL & ADV INJURY $ 1,000.000 GEN'L AGGREGATE LIMIT APPLIES S PER. GENERAL AGGREGATE i $ 3,000,000 - __X PRO. JECT i —� POLICY LOC t ,--- ----- ----- - -- --- - - ------------- - ! ! PRODUCTS • COMPiOP AGG I $ 3,000,000 OTHER: t $ A ALIT OMOBILE LIABILITY 202171565 12/31/2021 12/31/2022 COMBINED SINGLE LIMIT $1.000.000 I � Ea acodent ANY AUTO BODILY INJURY (Per person; $ OWNED SCHEDULED AUTOS ONLY AUTOS BODILY INJURY (Per accident) $ X HIRED NON -OWNED X - - - % PROPERTY DAMAGE $ AUTOS ONLY ! AUTOS ONLY LPer accident- } 1 $ i I A C X !i UMBRELLA LIAB X OCCUR 202171565UMB f 12/31/2021 12/31/2022 EACH OCCURRENCE { $20.000,000 _ ' EXCESS UAB CLAIMS MADE 03093725 ! 12131/2021 12/3112022 - --- - - AGGREGATE -- -- $20,000.000 --- _ --_ —�- -_ - DED RETENTION $ + I $ B WORKERS COMPENSATION AND EMPLOYERS' LIABILITY CA10001726221 PER OT H- 1/8/2022 1/812023 X STATUTE Y N ANYPROPRIETOR;PARTNERIEXECUTIVEt G � _ �' E.L. EACH ACCIDENT -. --- $ 1,000,000 OFFICERWEMBEREXCLUDEO.N/A'_ (Mandate In NH) -- ---- . E.L. DISEASE - EA EMPLOYEE -- . -- -. $1,000,000 II yes. describe under _ 7--- _ DESCRIPTION OF OPERATIONS below E.L. DISEASE - POLICY LIMIT 1 $ 1,000.000 D Professional Liability i PHSD1674297 i I 12/31/2021 12/31/2022 LIMIT $1.000.000 DESCRIPTION OF OPERATIONS I LOCATIONS I VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space is required) Project Name: Wheeler Manor and Redwood Apartments Project Address: Wheeler Manor - 651 Sixth Street & 650 W. 5th St; 7455 Carmel St., Gilroy, CA 95020 and Redwood Apartments - 9005 Kern Avenue, Gilroy, CA 95020 Named Insured Includes: Eden Redwoods LLC and Wheeler Manor LLC, and Redwoods Wheeler, L.P. Certificate Holder is included as Additional Insured per attached endorsement. CERTIFICATE HOLDER CANCELLATION The City of Gilroy and its Mayor and City Council, Agents, Officers and Employees 7351 Rosanna St Gilroy CA 95020 SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. AUTHORIZED REPRESENTATIVE 01988-2015 ACORD CORPORATION. All rights reserved. ACORD 25 (2016/03) The ACORD name and logo are registered marks of ACORD 18' of 25 1553 POLICY NUMBER: 202171565GL COMMERCIAL GENERAL LIABILITY CG20261219 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. ADDITIONAL INSURED -DESIGNATED PERSON OR ORGANIZATION This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART SCHEDULE Name Of Additional Insured Person(s) Or Organization(s): Any person or organization that you are required to add as an additional insured on this policy, under a written contract or agreement currently in effect, or becoming effective during the term of this policy. The additional insured status will not be afforded with respect to liability arising out of or related to your activities as a real estate manager for that person or organization. Information required to complete this Schedule, if not shown above, will be shown in the Declarations. A. Section II — Who Is An Insured is amended to include as an additional insured the person(s) or organization(s) shown in the Schedule, but only with respect to liability for "bodily injury", "property damage" or "personal and advertising injury" caused, in whole or in part, by your acts or omissions or the acts or omissions of those acting on your behalf: 1. In the performance of your ongoing operations; or 2. In connection with your premises owned by or rented to you. However: 1. The insurance afforded to such additional insured only applies to the extent permitted by law; and 2. If coverage provided to the additional insured is required by a contract or agreement, the insurance afforded to such additional insured will not be broader than that which you are required by the contract or agreement to provide for such additional insured. B. With respect to the insurance afforded to these additional insureds, the following is added to Section III — Limits Of Insurance: If coverage provided to the additional insured is required by a contract or agreement, the most we will pay on behalf of the additional insured is the amount of insurance: 1. Required by the contractor agreement; or 2. Available under the applicable limits of insurance; whichever is less. This endorsement shall not increase the applicable limits of insurance. CG20261219 © Insurance Services Office, Inc., 2018 Page 1 of 1 19' of 25 1553 DATE (MMi00/YYYY) .�"Ra CERTIFICATE OF LIABILITY INSURANCE 11aMiDON /2022 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder In lieu of such endorsements . PRODUCER CONTACT NAME: Mike Blac_h Arthur J. Gallagher & Co. Insurance Brokers of CA. PHONE 415-536-4011 �^ FAX — 595 Market Street, Suite 2100 Arc No San Francisco CA 94105 E-MAIL Mike Blach(cbaig.com INSURED Eden Housing, Inc. 22645 Grand Street Hayward, CA 94541 INSURERS) AFFORDING COVERAGE _ _ NAIC it __- License* 0726293 INSURER A: Nonprofits' Insurance Alliance of CA INSURERS: Everest Premier Insurance Company 16045 EDENHOU-02 INSURER C : ALLIED WORLD NATL ASSUR CO 10690 INSURER D ^Philadelphia Indemnity Insurance Company 18058 INSURER E : COVERAGES CERTIFICATF NHMRFR* 1a65n17R7r% RFVISInN NIIMRFR- THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. - INSR I _ - -- TYPE OF INSURANCE _ _ _ rADDL SUBRj _ . - -- . _ -j POLICY &P 1 POLICY EXP ` LIMITS LTR I IN D VI) I POLICY NUMBER _OoLid YYY FOLIC EX A X COMMERCIAL GENERAL LIABILITY 2021-71565-GL 12/3112021 12/3112022 EACH OCCURRENCE $1,000,000 - - Y$ CLAIMS -MADE IOCCUR PREMISES Ea occurrence 500,000 MED EXP (Any one person)-- I-$20,000 - - X DeductibleNIL _ --educ--- --- ; PERSONAL & ADV INJURY i $ 1,000,000 - r N APPLIES S PER: I ( GENERAL AGGREGATE $ 3,000,000 PRO. LI - _. �'POGGYEGATEJECT LOC I I PRODUCTS - COMPrOP AGG $ 3,000 000 - --- ----s---- --. _ - OTHER: I � � A AUTOMOBILE LIABILITY _(Ea- Accident) - - 202171565 12/31/2021 �, 1213112022 COMBINED SINGLE LIMIT 1 $1,000.000 1 ANY AUTO { BODILY INJURY Pet ) erson ? $ person) OWNED SCHEDULED BODILY INJURY (Per accident)' $ AUTOS ONLY � AUTOS r X HIRED X NON -OWNED PROPERTY DAMAGE $ AUTOS ONLY ;j AUTOS ONLY (Por_accident) - -- A C X : UMBRELLA LIAB X OCCUR -- F----' 202171565UM6 12/31/2021 12/3112022 f EACH OCCURRENCE $ 20,000,000 EXCESS UAB CLAIMS -MADE �__ 03093725 12/31/2021 12/31/2022 � � AGGREGATE ---- _. 3 DED ! I RETENTION $ `$20,000.000 $ B WORKERS COMPENSATION I CA10001726221 118/2022 1/8/2023 X STATUTE_ OTH• ' ER AND EMPLOYERS' LIABILITY ---_ Y / N ANYPROPRIETORIPARTNERIEXECUTIVE EACH $ 1 000.000 �- OFFICERrMEMBEREXCLUDED? NIA . -- Mandate In NH ; $1,000.000 1( (Mandatory ) E.L. DISEASE EMPLOYEE 111 yes, describe under----------- DESGRIPTION OF OPERATIONS below E.L. DISEASE - POLICY LIMIT $ 1,000.000 D I I Professional Liability i I PHSD1674297 12/31/2021 12/31/2022 LIMIT $1,000,000 DESCRIPTION OF OPERATIONS LOCATIONS f VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space Is required) Project Name: Wheeler Manor and Redwood Apartments Project Address: Wheeler Manor - 651 Sixth Street & 650 W. 5th St; 7455 Carmel St., Gilroy, CA 95020 and Redwood Apartments - 9005 Kern Avenue, Gilroy, CA 95020 Named Insured Includes: Eden Redwoods LLC and Wheeler Manor LLC, and Redwoods Wheeler, L.P. Certificate Holder is included as Additional Insured per attached endorsement. CERTIFICATF HnLDFR r_eNr_F:l I ATInN SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN The City of Gilroy and its Mayor and City Council, Agents, Officers and Employees ACCORDANCE WITH THE POLICY PROVISIONS. AUTHORIZED REPRESENTATIVE 7351 Rosanna St Gilroy CA 95020 , i 01988-2015 ACORD CORPORATION. All rights reserved. ACORD 25 (2016/03) The ACORD name and logo are registered marks of ACORD 20' of 25 1553 POLICY NUMBER: 202171565GL COMMERCIAL GENERAL LIABILITY CG 2018 0413 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. ADDITIONAL INSURED - MORl'GAGEE, ASSIGNEE OR RECEIVER This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART SCHEDULE Name Of Persons Or Organization(s) Designation Of Premises Any person or organization acting as mortgagee, assignee, or receiver with respect to locations scheduled on the policy. Information required to complete this Schedule, if not shown above, will be shown in the Declarations. A. Section II — Who Is An Insured is amended to include as an additional insured the person(s) or organization(s) shown in the Schedule, but only with respect to their liability as mortgagee, assignee, or receiver and arising out of the ownership, maintenance, or use of the premises by you and shown in the Schedule. C. With respect to the insurance afforded to these additional insureds, the following is added to Section III — Limits Of Insurance: If coverage provided to the additional insured is required by a contract or agreement, the most we will pay on behalf of the additional insured is the amount of insurance: However: 1. Required by the contract or agreement; or 1. The insurance afforded to such additional 2. Available under the applicable Limits of insured only applies to the extent permitted by Insurance shown in the Declarations; law; and whichever is less. 2. If coverage provided to the additional insured is This endorsement shall not increase the required by a contract or agreement, the applicable Limits of Insurance shown in the insurance afforded to such additional insured Declarations. will not be broader than that which you are required by the contract or agreement to provide for such additional insured. B. This insurance does not apply to structural alterations, new construction and demolition operations performed by or for that person or organization. CG 20 18 0413 © Insurance Services Office, Inc., 2012 Page 1 of 1 21' of 25 1553 DATE (MMiDDIYYYY) AOCC?R& CERTIFICATE OF LIABILITY INSURANCE 1/4/2022 kl.THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder Is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsements . PRODUCER CONTACT NAME_ Mike Blach _ Arthur J. Gallagher & Co. Insurance Brokers of CA. PHONE 415-536-4011 FAX ac No 595 Market Street, Suite 2100 -MAIL San Francisco CA 94105 ADDRESS: Mike Blach0aimcom INSURED Eden Housing, Inc. 22645 Grand Street Hayward, CA 94541 INSURERS AFFORDING COVERAGE NAIC tl__ License#: 0726293 INSURER A: Nonprofits' Insurance Alliance of CA EDENHOU-02 INSURER B : Everest Premier Insurance Company _ — 16045 - - INSURERc: ALLIED WORLD NATLASSUR CO 10690 INSURER D : -- INSURER E : rucr loco e . COVERAGES CFRTIFICATF NIIMRFR� 7n1AAA7AAa REVISION NI IMRFR- THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR T UBR _ LTR I TYPE OF INSURANCE IN D' VD I POLICY NUMBER 1 CC CC - r MMIDDDNYYY �bNYYY LIMITS A X COMMERCIAL GENERAL LIABILITY 2021-71565-GL 12/31/2021 12/31/2022 EACH OCCURRENCE $1,000.000 _ CLAIMS MADE X OCCUR 'DAMAGE TO RENTED - T - ----- - PREMISES_LEa occurronce) 1 $ 500,000 MED EXP (Any one person) -; $ 20,000 X Deductible - NIL j PERSONAL & ADV INJURY $1,000.000 GEN'L AGGREGATE LIMIT APPLIES PER: GENERAL AGGREGATE 1 $ 3,000,000 _ 1 POLICY ! j��T `1 LOC f i PRODUCTS COMP/OP AGG I s3,000,000 _ OTHER: i I $ A AUTOMOBILE LIABILITY I 202171565 { 12/31/2022 COMBINED SINGLE LIMIT ! $1,000.000 12/31/2021 �Ea_acadent)_ - _ i _ - -- - ANY AUTO ; BODILY INJURY (Per person) $ OWNED -�' SCHEDULED AUTOS ONLY AUTOS BODILY INJURY (Per accident)' $ X HIRED X NON -OWNED PROPERTY DAMAGE * $ AUTOS ONLY AUTOS ONLY j LPer accident] _ , I j$ A C X ; UMBRELLA LIAB X OCCUR 202171565UMB ! 12/3112021 12/31/2022 1 EACH OCCURRENCE I $20,000,000 EXCESS LIAB CLAIMS ! I 03093725 12J31t2021 12/31/2022 1 1- -- - - - - - - - _ -MADE I AGGREGATE $20,000,000 f I DED RETENTION $ i $ B WORKERS COMPENSATION CA10001726221 EPER RH 1/8/2022 118/2023 X STATUTE- AND EMPLOYERS' LIABILITY YIN __ __ ' ANYPROPRIETORJPARTNER.EXECUTIVE 1-1N OFFICERtMEMBEREXCLUDED? NIA E.L. EACH ACCIDENT f $ 1 D00 000 (Mandatory In NH) �I E L. DISEASE EA EMPLOYEE! $1,000,000 ' II yes, describe under DESCRIPTION OF OPERATIONS below E.L. DISEASE • POLICY LIMIT 1 $ 1,000,000 I i DESCRIPTION OF OPERATIONS I LOCATIONS VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space Is required) Project Name: Wheeler Manor and Redwood Apartments Project Address: Wheeler Manor - 651 Sixth Street & 650 W. 5th St; 7455 Carmel St., Gilroy, CA 95020 and Redwood Apartments - 9005 Kern Avenue, Gilroy, CA 95020 Named Insured Includes: Eden Housing Management, Inc., Eden Redwoods LLC and Wheeler Manor LLC, and Redwoods Wheeler, L.P. Certificate Holder is included as Additional Insured per attached endorsement. CERTIFICATE HOLDER rANr_FI I ATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN The City of Gilroy and its Mayor and City Council, Agents, ACCORDANCE WITH THE POLICY PROVISIONS. Officers and Employees AUTHORIZED REPRESENTATIVE 7351 Rosanna St Gilroy CA 95020 , , r ©1988-2015 ACORD CORPORATION. All rights reserved. ACORD 25 (2016/03) The ACORD name and logo are registered marks of ACORD 22' of 25 1553 POLICY NUMBER: 202171565GL COMMERCIAL GENERAL LIABILITY CG20180413 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. ADDITIONAL INSURED - IVIORTGAGEE, ASSIGNEE OR RECEIVER This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART SCHEDULE Name Of Person(s) Or Organization(s) ( Deslanation Of Premises Any person or organization acting as mortgagee, assignee, or receiver with respect to locations scheduled on the policy. I Information required to complete this Schedule, if not shown above, will be shown in the Declarations. A. Section II — Who Is An Insured is amended to include as an additional insured the person(s) or organization(s) shown in the Schedule, but only with respect to their liability as mortgagee, assignee, or receiver and arising out of the ownership, maintenance, or use of the premises by you and shown in the Schedule. However: 1. The insurance afforded to such additional insured only applies to the extent permitted by law; and 2. If coverage provided to the additional insured is required by a contract or agreement, the insurance afforded to such additional insured will not be broader than that which you are required by the contract or agreement to provide for such additional insured. B. This insurance does not apply to structural alterations, new construction and demolition operations performed by or for that person or organization. C. With respect to the insurance afforded to these additional insureds, the following is added to Section III — Limits Of Insurance: If coverage provided to the additional insured is required by a contract or agreement, the most we will pay on behalf of the additional insured is the amount of insurance: 1. Required by the contract or agreement; or 2. Available under the applicable Limits of Insurance shown in the Declarations; whichever is less. This endorsement applicable Limits of Declarations. shall not increase the Insurance shown in the CG 20 18 04 13 © Insurance Services Office, Inc., 2012 Page 1 of 1 23' of 25 1553 DATE (MMIODNYYY) A �R& CERTIFICATE OF LIABILITY INSURANCE 1/4/2022 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder In lieu of such endorsement(s). PRODUCER NAME: CONTACT Mike Blach Arthur J. Gallagher & Co. Insurance Brokers of CA. PHONE 415-536-4011 �1 FAX No 595 Market Street, Suite 2100 E-MAILExit: San Francisco CA 94105 ADDRESS: Mike_Blach@ajg.com INSURER(S) AFFORDING COVERAGE NAIC # Licens_ a#: 0726293 INSURER A: Philadelphia Indemnity Insurance Company ' 18058 INSURED EDENHOU 02 INSURER B : Tokio Marine Specialty Ins Co I 23850 Eden Housing, Inc. 22645 Grand Street INSURER C: Nonprofits Insurance Alliance of CA --- Hayward, CA 94541 INSURER D : Everest Premier Insurance Comp— f 16045 INSURER E : ALLIED WORLD NATL ASSUR CO 10690 INSURER F : COVFROrvFS CFRTIFICOTF NIIMRFR- 7n3R977d71 RFVISION NIIMRFR- THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR . __---- ___ ---- _---- _ --------AOOL1SUBRt`__. _.. _._.__. __ . _... __. __.__.. _ _ POUCYEFF POL! YtcXP LTR " TYPE OF INSURANCE IN D + WVD i POLICY NUMBER f MMNDIYYY MM/DDNYY LIMITS C X 1 COMMERCIAL GENERAL LIABILITY 2021-71565-GL 12/31/2021 12/3112022 EACH OCCURRENCE $1.000.000 i { 500.000 A[ MAG 9T9r CLAIMS -MADE OCCUR ' PREMISES Ea eccnrrence $ MED EXP (Any one person) j j ; $ 20.000 X Deductible - NIL I PERSONAL & ADV INJURY $ 1,000.000 A j i GENERAL AGGREGATE 1 $ 3.000,000 GEN'L AGGREGATE LIMIT APPLIES PER. { POLICY IJECT �LOC ± j {PRODUCTS _COMPJOP AGG $3,000,000 $ OTHER: I C AUTOMOBILE LIABILITY 202171565 1213112021 12/31/2022 COMBINEDSINGLE LIMIT $ 1,000,000 _ ANY AUTO ' BODILY INJURY (Per person) $ OWNED ��' SCHEDULED AUTOS ONLY AUTOS l BODILY INJURY (Per accident) I $ X HIRED X $ PROPERTY DAMAGE " AUTOS ONLY AUTOS ONLNON-OWNEDY " (Per accident___ _- - r7l1 i III $ E X I UMBRELLA LIAB X " OCCUR 202171565UMB 12/3112021 12131/2022 1 EACH OCCURRENCE $20,000,000 j EXCESS LIAR CLAIMS -MADE 03093725 12/3112021 12/3112022 !AGGREGATE $20.000,000 { _ DEO T7 RETENTIONS D WORKERS COMPENSATION CA10001726221 1/812022 118/2023 !X STATUTE L__ ERH AND EMPLOYERS' LIABILITY Y / N - ---� T-------- ANYPROPRIETORiPARTNEP.IEXECUTIVE i N I A E.L. EACH ACCIDENT _-_._.._._.__._.__-_ __�._.._._._... . $1,000,000 ._. OFFICE NMEMB ER EXCLUDED? i (Mandatory In NH) 1 ; E.L. DISEASE EA EMPLOYEE $1,000.000 If describe under as, i DESCRIPTION OF OPERATIONS below E E.L. DISEASE • POLICY LIMIT $ 1,000,000 A i Crime PHSD1681484 ` 12131/2021 12/31/2022 LIMIT $1,000,000 B Directors & Officers PSD1660283 9J13/2021 9/13/2022 LIMIT I $5,000,000 DESCRIPTION OF OPERATIONS I LOCATIONS I VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space is required) Project Name: Wheeler Manor and Redwood Apartments Project Address: Wheeler Manor - 651 Sixth Street & 650 W. 5th St; 7455 Carmel St., Gilroy, CA 95020 and Redwood Apartments - 9005 Kern Avenue, Gilroy, CA 95020 Named Insured Includes: Eden Housing Management, Inc., Eden Redwoods LLC and Wheeler Manor LLC, and Redwoods Wheeler, L.P. Certificate Holder is included as Additional Insured per attached endorsement. CERTIFICATE HOLDER CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN The City of Gilroy and its Mayor and City Council, Agents, ACCORDANCE WITH THE POLICY PROVISIONS. Officers and Employees 7351 Rosanna St AUTHORIZED REPRESENTATIVE Gilroy CA 95020 r f 01988-2015 ACORD CORPORATION. All rights reserved. ACORD 25 (2016/03) The ACORD name and logo are registered marks of ACORD 24' of 25 1553 POLICY NUMBER: 202171565GL COMMERCIAL GENERAL LIABILITY CG20261219 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. ADDITIONAL INSURED -DESIGNATED PERSON OR ORGANIZATION This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART SCHEDULE Name Of Additional Insured Person(s) Or Organization(s): Any person or organization that you are required to add as an additional insured on this policy, under a written contract or agreement currently in effect, or becoming effective during the term of this policy. The additional insured status will not be afforded with respect to liability arising out of or related to your activities as a real estate manager for that person or organization. Information required to complete this Schedule, if not shown above, will be shown in the Declarations. A. Section II — Who Is An Insured is amended to include as an additional insured the person(s) or organization(s) shown in the Schedule, but only with respect to liability for "bodily injury", "property damage" or "personal and advertising injury" caused, in whole or in part, by your acts or omissions or the acts or omissions of those acting on your behalf: 1. In the performance of your ongoing operations; or 2. In connection with your premises owned by or rented to you. However: 1. The insurance afforded to such additional insured only applies to the extent permitted by law; and 2. If coverage provided to the additional insured is required by a contract or agreement, the insurance afforded to such additional insured will not be broader than that which you are required by the contract or agreement to provide for such additional insured. B. With respect to the insurance afforded to these additional insureds, the following is added to Section III — Limits Of Insurance: If coverage provided to the additional insured is required by a contract or agreement, the most we will pay on behalf of the additional insured is the amount of insurance: 1. Required by the contract or agreement; or 2. Available under the applicable limits of insurance; whichever is less. This endorsement shall not increase the applicable limits of insurance. CG20261219 © Insurance Services Office, Inc., 2018 Page 1 of 1 25' of 25 1553